
Off the Ledger
Your days as a college student are almost numbered. The working world is calling. As you get ready to embark on your career, you have to be thinking, “What am I going to do when I graduate?” “Is a job in public accounting right for me?”
Where do you want to go?
You have so many options. Big firm or small? How do you decide? Where can you go to get the real, honest look at a career in public accounting? What is it REALLY like to be an intern? What will my life be like as a staff accountant?
See your future...
At Porter Keadle Moore, LLP (PKM) we’re here to help. We’ve created this blog site just for you! To help you find answers to these and other questions about working in a public accounting firm. Real interns and brand new staff accountants chronicle their experiences with our firm. Read what they have to say. Ask questions, share your opinions and we’ll respond.
Jenna Green-Systems Staff
So, you’re thinking about pursuing a career in accounting, but you can’t seem to decide on an area that’s right for you. In between class you find yourself watching endless hours of CSI and are always the one to notice if someone is looking up and to the left when telling an outlandish story. Hmmm, are you starting to put the pieces together? Why not consider Forensic Accounting? At the height of today’s fickle economy, white-collar crime is on the rise and naturally, forensic accounting is one field that is expected to grow. A recent article “Fraud Fighters: Forensic accountants on front line in the fight against fraud” by Anya Sostek addressed the growing need for professionals in this field.
“Forensic Accounting is a growing subset of the accounting field that focuses on uncovering financial fraud.” Many colleges and universities have boarded the bandwagon and added these specialty classes to their curriculum. Bob Kollar, director of the master of accountancy programs at Duquesne University in Pittsburgh, PA, notes that “we really have a more heightened sense of accountability now than we did 10 years ago, a greater sense that fraud can occur.” This same awareness has drawn students to the field. “They want to be fraud fighters,” Kollar said. “It’s interesting to follow the trail, detect what’s happened and help convict someone.” Now, there still is and will always be the technical side of accounting, but “much of the work that fraud accountants do really does resemble that of television crime show investigations.” Valerie Williams, a teacher at Duquesne teaches her classes through mock interviews with employees who have been pilfering money. Williams jokes that the students “think it’s CSI or something. They find out it’s still accounting but it has a Sherlock Holmes aspect about it.” Not only can Forensic accounting be interesting and maybe even fun, but it is also highly in demand; “salaries for forensic accountants can start around $50,000 and more experienced people can earn six figures.” So, what’s not to like? We all remember ENRON. Had there been more students out there eager to pursue a career in forensic accounting, that scandal may have never occurred; but, that’s probably just wishful thinking.
To read Sostek’s entire article visit: http://www.post-gazette.com/pg/09088/959094-28.stm or for more information on fraud and related issues, check out the Association of Certified Fraud Examiners’ website: http://www.acfe.com or to register for the annual Fraud and Forensic Accounting conference sponsored by PKM: http://www.pkm.com/fraudconference/information.php.
Christie Bell - Human Resources Director
Looking for a job has always been tough work, but finding a job in today’s economy is a challenge to say the least. A recent study by the National Association of Colleges and Employers (NACE) found that employers expect to hire 22 percent fewer new college graduates from the Class of 2009 than they hired from the Class of 2008. So what’s the best way to find a job with fewer jobs available? Here are a few tips.
Expand your job search: You may have known what you wanted to be when you grow up since you were five years old, but now is not the time to limit yourself. Consider options both within and outside your major and areas of interest. You don’t want to take just any job, but do consider positions in related fields that you think you might enjoy and could excel at. Also, don’t shy away from applying to a job because you think you aren’t qualified. Highlight the qualifications you do have and address any areas where you have less experience to show the employer how you can succeed in the role.
Keep your grades up: It’s tempting to slack off once you get to your senior year, but now it’s more important than ever to keep up your GPA. Nearly 70 percent of employers who responded to NACE’s 2009 Job Outlook survey screen candidates by GPA; for most, the cutoff is 3.0, or a B average. With employers having more candidates to choose from, you don’t want to be eliminated from consideration because of your GPA before you even make it to the job interview!
Get involved: Remember how important extracurricular activities were to get into college? Well, the importance didn’t stop there. Employers are looking for applicants with communication skills, work ethic, teamwork and initiative — traits that will help a new hire succeed and contribute to an organization. Getting involved in organizations both on and off campus will show your new employer that you’ve got the skills and dedication that they are looking for. Leadership is also very important. When asked to compare two otherwise equally qualified candidates in the NACE survey, employers chose the individual who had held a leadership position over a candidate who simply was involved in extracurricular activities.
Gain some work experience: The NACE survey shows that nearly three quarters of employers prefer to hire candidates with relevant work experience. It also indicates that nearly 20 percent of employers look for any type of work experience — relevant or otherwise. Less than 3 percent of employers said they don’t factor in work experience when deciding to hire a college graduate. In an ideal world, it’s best to find an internship in the field that you want to work in. Especially in accounting, many of these internships will turn into full time job offers. But if you can’t land an internship with your dream company, make sure you do get some work experience. There are lots of jobs that will teach you skills that are highly transferrable such as working in a team or leading a group. Employers are looking for you to relate the skills that you do have to the job that they are offering.
Have a contingency plan: If you aren’t successful in finding that dream job right now, have a plan to fall back on. Maybe it means enrolling in graduate school and getting that Masters degree sooner rather than later. Whatever your plan may be, try to stay optimistic and network as much as you can. You never know when that person you met while at a volunteer event or the person sitting next to you on the airplane will help you get your foot in the door to a great job opportunity!
For more information on this topic visit: http://www.employmentwebsites.org/college-hiring-falls-22-percent or the National Association of Colleges and Employers’ (NACE) website:www.naceweb.org
















