Accounting Culture
What is the purpose of accounting?
To identify, record and communicate financial information.
How many credits do you need to qualify for your CPA?
150
Where is EisnerAmper headquartered?
NYC
Does EisnerAmper have opportunities for college students? If so what are they called?
Internships and the Summer Leadership Program!
This fictional company from “The Office” sold paper and had a suspiciously lax accounting department.
Dunder Mifflin
When is "Tax Day", or the typical deadline for filing taxes?
April 15th
What do you need to sit for the CPA exam in New Jersey?
You need 120 credit hours and a bachelor’s degree.
M&A is a key part of EisnerAmper's growth strategy. What does M&A stand for?
Mergers and Acquisitions
Name one sports team that any of our EisnerAmper offices participate in.
Softball, pickleball, volleyball, running, basketball
Johnny Rose struggles with running the Rosebud Motel. What accounting concept is being ignored when there's no clear separation between business and personal expenses?
The Business Entity Concept
Small/Niche, Mid-Sized and Big 4 (Large)
There are small niche firms that tend to focus on one industry.
There are mid size firms that tend to focus on more industries and are larger than small/niche firms.
Big 4 firms, AKA Deloitte, KPMG, PWC and EY are very large, and expand across the globe and industries.
What does an Auditor do?
Accountants who specialize in auditing evaluate financial records to validate accuracy. They may focus on internal or external audits to ensure that a company’s income statement, balance sheet, and cash flow statements are in compliance with tax laws, regulations, and all applicable accounting standards.
Does EisnerAmper have Employee Resource Groups?
Yes! EisnerAmper has 9 ERGs:
Asian Employee Network, India Connects, Black Employee Network, EisnerAmper Launch, Family Circle, Latin Employee Network, Veterans Employee Network, Women of EisnerAmper and LGBTQIA+
Does EisnerAmper have a volunteer organization?
Yes! It's Called EA Cares.
We host an annual ”give back week“ for our employees to volunteer at selected organizations, supporting the fundraising activities of our clients, serving in leadership roles on various not-for-profit boards, and fostering a corporate culture which encourages social responsibility throughout our firm.
Organizations we support: American Red Cross, American Heart Association, Ronald McDonald House, March of dimes and more!
As the CEO of Fenty Beauty, Rihanna must track inventory and cash flow. What financial statement would show how much cash her business brought in and spent last quarter?
The statement of cash flows
Name four Industries that Accounting Firms can serve?
Sports & Entertainment, Real Estate & Construction, Not-for-Profit, Tech & Life Sciences, Healthcare, Insurance, Hospitality, Financial Services, Manufacturing & Distribution ... and more!
What is the corporate tax filing form called?
1120
EisnerAmper has 5 locations outside of the US. Name one of them.
Cayman Island, Ireland, India, Israel, Singapore
Name three social media platforms that EisnerAmper can be found on?
Instagram, TikTok, LinkedIn
Taylor Swift re-recorded her old albums to own the masters. From a business view, what asset is she protecting?
Intangible assets (or intellectual property)
Name one CPA exam section
Auditing and Attestation (AUD)
Financial Accounting and Reporting (FAR)
Taxation and Regulation (REG)
BAR
ISC
TCP
Name three service lines
Advisory, Assurance, Outsourcing, Prosperity, Tax, Fund Admin, RESIG, Risk and Compliance, Bankruptcy and Restructuring, FLVS, etc.
Name four states that EisnerAmper is located in?
Alabama, California, Connecticut, Florida, Georgia, Illinois, Louisiana, Maryland, Massachusetts, Minnesota, Mississippi, New Jersey, New York, North Carolina, Ohio, Pennsylvania and Texas
What is the name of the EisnerAmper New Jersey and Florida Campus Recruiter?
Ruth Augustin
Travis Scott earns royalties from music streams even while sleeping. What type of income is that?
Passive Income