You are on page 1of 25

Career Opportunities of a

Certified Public Accountant


By: Ronald Allan V. Miranda Jr.
Examiner, BIR – RDO15

Become a CPA – and


discover a lifetime of
opportunity!
INTRODUCTIONS…

•Name, job title, where I work, hobbies,


etc.

•Where did I go to school?

•My office/business is… and looks like…


What Career is for me?
Some things to consider…

•What do you like to do?


•What are you good at?
•What skills do you have/enjoy using?
•How much is someone willing to pay you?
•What jobs/careers are in demand?
•Jobs vs. Careers
•Value of College Education
What is Accounting?

•A business language.

•The process of recording, classifying,


reporting and analyzing financial data &
business transactions -- KEEPING TRACK
OF THE MONEY

•The basis of business operations.


A CPA is……
A Certified Public Accountant (CPA) is a
financial professional.

CPA’s speak the “language of business.”


*They provide the advice and information others
need to make important financial business
decisions.

CPAs are in high demand as a valued member of


any Business team!
Why Did I Choose to Become a CPA?

•Challenging profession
•Enjoy talking and working with people
•Highly respected profession
•Flexibility & opportunity for growth
•High demand for accounting professionals
•Job satisfaction
•Earning potential/job security
•Helping others understand and resolve business issues
My “typical” day….

•Taxpayer and job responsibilities


•Hours, travel, dress (on field and in office)
•My career ladder
•Challenges & fun stuff (Perks)
•What I enjoy most, least
•Personal experiences
CPA Careers

•Differences between CPAs and other


accounting positions (bookkeeper, etc.)

•CPA Exam/certification/licensing required


•Level of education required/CPD
•Starting wages
•Job responsibilities
•Opportunity for promotion/higher positions
CPAs work in… PUBLIC PRACTICE
•Work with many different
companies/industries and provide
various services or specialized
niches

•Firms can be international and


very large in size (Big 4), mid-sized
(regional firms) or small and local
firms

•Top position is typically a partner


in a firm
Accounting/ TAX
Auditing

Environmental
“Green”

Forensic/ PUBLIC Accounting

Fraud ACCOUNTING

Business
Valuations
Information
Business Systems Financial
Advisory Consulting
Planning
CPAs work in…

GOVERNMENT
•Local
•Provincial
•National Line Agencies

•POSITIONS
•Auditor
•Staff Accountant
•Budget Analyst
•Financial Manager
Government – Some Examples
CPAs work in…

EDUCATION

Senior High School Teacher

College/University Professor
Dean or Administrator

Conduct Research
CPAs work in…

PRIVATE INDUSTRY/CORPORATE
•Work for one company or organization

•POSITIONS
-Internal Auditing
-Financial and Management
Reporting
-Tax Planning
-Corporate Finance
-Strategic Planning or New
Product Development

•Top positions consist of controllers, chief


financial officers, managers, etc.
Industry – Some Examples
Industry – Some Examples
Requirements to
Become an accredited CPA
•Education: Bachelor of Science in Accountancy
/BS in Managerial Accounting/BS in Internal Auditing
Or BS in Accounting Technology

•Pass the CA Exam: the exam tests your level of


accounting knowledge.

•Experience: Three years of experience in accounting,


which may be in the fields of public practice,
government, and industry; work must be completed
under the supervision of a CPA in good standing.

•Pass the CPA Exam: the exam tests your level of


accounting knowledge in line with your chosen field
Skills Needed to Be a CPA
•Effective Communicator

•Comfortable with Numbers – but NOT a


“Math Whiz!”

•People Person

•Computer Skills (Excel/Spreadsheets)

•Organized, Multi-tasker, Problem Solver

•Ethical & Responsible


Accounting Salaries
How much money
does a CPA earn?

In Public Accounting, accountants can earn:


(with 1 – 3 years experience)
• Small Firms – P13,000 – P8,000
• Large Firms - P17,000 – P22,000

Senior staff such as managers &


directors can earn:
•Small firms – P25,000 – P40,000
•Medium Firms – P30,000 – P50,000
•Large Firms – P35,000 – P60,000
Partner Level – hundred thousands/millions
of pesos depending on profit share
How much money
does a CPA earn?
In Industry, accountants can earn:
(with 1 – 3 years experience)
•Small companies – P15,000 – P25,000
•Large companies - P20,000 – P35,000

•Auditors (Internal, IT)


•Small companies – P25,000 – P35,000
•Large Companies – P30,000 – P60,000

•Management
•(Treasurers, Directors, Controllers, CEOs, CFOs
VPs, etc.) – P40,000 – P120,000
How much money
does a CPA earn?

In Government, accountants can earn:


SG 11/13 entry level
Guaranteed benefits and Salary Increase very 3 years
Trainings and Seminars as well as post graduate studies are
accessible

In Education, CPAs can earn:


(Accounting faculty at accredited colleges)
•P18,000 – P30,000 entry level
Accounting Degree = Landing a Job!
Benefits of an
Accounting Degree

•Job diversity
•Occupational mobility
•Flexibility
•Learning portable skills
•High earning potential
•UNLIMITED OPPORTUNITIES!!!!
THANK
YOU!!!!

You might also like