gj . .. ■. - ’ • Could you be a career CPA? The professional accountng field has grown immensely in the last 35 years and is still expanding. In the U nited States, there are more than 10 ,000 acco u ntants. D esp ite the strong attraction to the Public A c ­ co u n tin g pro fession in the Î or 4 decades, college-bound high school graduates know less about public accounting than they do about other professions. Here are some answers to some of the questions often asked about the accounting profession. I f you become a tax accountant, you wil assist or advise in the filing o f various lax returns (state and federal) and you will be involved in resolving any problems or questions resulting from any revenue agent's ex am in atio n o f your c lie n t's re ­ turns. in fo rm a tio n consulting (Business systems) area, you w ill work exten­ sively with computers, management information reporting and control. la being a CPA rewarding? W h o a ra C P A a ? LaVER N E S P R IN G E R Portlander appears in off-Broadway show LaVerne Springer is currently ap­ p earing in the o ff-B ro a d w a y p ro d u c tio n o f N to z a k e Shange's F o r C o lored G irls Who H ave C o n ­ sidered Suicide When the Rainbow is E n u f. at the Black Experimental T h e a tre , d irected by N e v ille R it- chen, as the "L ad y in Brow n". L avern e is a native o f P o rtlan d and has appeared on the Portlan d stage in F o r Colored G ir ls ... as the " L a d y in R e d " and the " L a d y in B lu e " . She has also appeared in Lake Oswego Com m unity Theatre's A R o ya l Fam ily and Cannon Beach Theatre's Maude. LaVerne currently resides in New Y o rk C ity w ith her sons, and is avidly pursuing a career in theatre and film . She has also appeared in the aw ard w inning Cham peen and can c u rre n tly be seen in her firs t national comm ercial for M C I. She is also m a kin g her film debut in F ran cis F o rd C o p p o lla 's m ovie "C o lto n Club starring Richard Gere and Gregory Hines (to be released at Christmas). A n d , she has just been cast as " M y ra ” in National Black Theatre's One Monkey Don 'I Stop N o Show to begin in July. " I love this crazy business, I think I was born to it! I f you want to find out if you’ve got it, this is the place T h e endless hours o f a u d itio n s , rejection, call backs, rehearsals, I love it! " F o r C o lo re d G irls . . . is my heart, it ’s where I got my start. And to be able to do it in N ew Y o rk is fabulous! One night the author was in the house and she said we were fierce! Can you imagine that? I wish all my fam ily and friends could be here. I w ould like to d ed icate this production to an incredible director, Rosemary A lle n , my fa m ily Bessie and Alex Eaden and my sons Randy and Gabe who keep my life “ center stage.” C P A 's are sp ecially tra in ed p ro fession als w ho usu ally have either u nd ergrad uate or g rad u ate degrees in business and accounting. They have to pass an exam a d ­ ministered by the state in order to practice. C P A 's perform accounting services, fo r a fee. fo r the p u b lic , large and sm all businesses, n o n ­ p ro fit organizations, partnerships and individuals. A C P A may prac­ tice alone (a sole p ractitio ner), in a small local or regional partnership or in one o f the very large national and worldwide accounting firms. As experts in accounting, their business is selling o p in io n s on acco u nting m atters to clien ts. Since these o pin io ns a ffe c t o th e r's m a jo r in ­ vestments and business decisions, a C P A 's re p u tatio n and practice to clients is on the line in every business encounter. W h a t do C P A a do? They are involved in three basic areas o f acco u nting practice: auditing, taxes and management in ­ fo rm a tio n co n su ltin g (Business systems). Most C P A 's develop sub­ stantial skill in and limit their prac­ tice to just one o f these areas. However, a small number o f C P A 's operate as general practitioners and perform services in all three. I f you becom e an a u d ito r, you w ill devote much o f your tim e to examining financial statements to be put into your client's annual report to shareholders In many ways it is a challenging profession where you can develop your own skills at your own pace, even a very ra p id pace. O ne can q u ick ly assume sizeable respon­ sibilities and a leadership role. It is a field where the o n ly thing that determ ines your progress is you. The profession is financially rewar­ ding. C P A compensation is equal or belter than that o f the lop level ac­ counting personnel in industry. Earnings progress to more than $ 5 0 ,0 0 0 a year at the p artn ersh ip level, and well beyond that for ac­ counting firm executives. W hat akllla doaa a CPA n o d ? You must have superior technical ability. Also, you must be “ people- o rien ted " in this profession. In o r­ der to be an expert accountant, one must have high quantitative abilities and a genuine interest in numbers. The necessary "p e o p le sk ills” in ­ clude excellent w ritten and verbal com m unication a b ility , the ab ility to w ork w ith and deal e ffe c tiv e ly with others, even under stress, and the capacity to present one's views effectively and persuasively. W hara can CPA Inform ation ba obtained? You can start with the accounting d ep artm en t at your college or university, or any career counselor in your area A ls o , you can write the American Institute o f C er­ tified Public Accountants (A IC P A ) at 1211 A venue o f the A m eric as, New Y o rk , N .Y . 10036. Financial aids is sometimes available for those seeking acco u nting or business careers. The A IC P A provides a number of partial scholarships each year to u n d erg rad u a te m in o rity students who are enrolled in accoun­ ting programs. Get a degree of experience Many jobs today require a degree for eligibility or for promotion. Too o fte n the c rite ria fo r h irin g are credentials rather than knowledge. This is a frequently used technique to limit employing elderly workers, women and minorities. The G .l B ill, fed eral and state student loan programs have made it easy for a student eligible for college to attend, in the past. How ever, a college ed u catio n is becom ing lim ited to the a fflu e n t now as was the case years ago. An interesting alternative to the standard 4-year college attendance is being o ffe re d by T ho m as A . Edison College Founded in 1972, in Edison, New Jersey, it has awarded associate or b ach elo r degrees to more than a thousand students for academic study at another college, for knowledge acquired on the job, or for independent study. Edison College has no faculty, no library, and no campus. Il is one of New Jersey’s nine state colleges. It is housed in a small buildin g rented from nearby Princeton University. The college was accredited by the M id d le States A sso ciatio n o f Schools and Colleges in July. This is the same organization (hat accredits Princeton University. T h e college is nam ed a fte r Thomas Edison, the inventor of the electric light and the phonograph, w ho never went to college. The college catalogue states that, today, Ed ison 's academ ic credentials "w ou ld probably not be considered for a responsible job at any research firm in the country.” Edison is the only accredited college that o ffe rs no academ ic courses, provides credit for life ex­ perience and exists solely fo r recognizing knowledge. T h e college does little ad v e r­ tisement fo r fear that it w ill look like ,i college degree mail order mill. How long a degree applicant went to school is not m aterial. They will search the college archives. Practical and general knowledge in various fields can be combined for degree evaluation by faculty consultants. A fte r establishing previous college credits arrangements can be made w ith Edison academic coun­ selors to take a d d itio n a l courses thay may be required for a degree. FredMeySL The courses can be taken near your home. Edison basically d iffe rs fro m other external degree program s because it relies more on individual assessment than w ritte n ex am in atio n s . A lm o st 36 o f its students are over 30 years o f age. The college recognizes that the value of its credentials will be determined by re p u tatio n s established by its graduates. A fte r receiving a degree, Edison graduates have been accepted as graduate students at various univer­ sities. This is a marvelous o p p o rtu n ity to use the to ta lity o f the Black ex­ perience for academic credentials. Support our advertisers Say You Saw It in The PORTLAND OBSER VER OPEN 9A M to 10PM - 7 DAYS A WEEK Everyday You’ll Discover Lots of Good Reasons to Shop at Your Local Fred Meyer! Come in today and take advantage of the specials in every department. SERVICE, SELECTION, QUALITY, PRICE Friendly service High quality products -ir? 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Deli Items Dairy Fresh Products and more For healthier eating, you’ll also find a complete selection of natural foods, vitamins, money saving bulk foods, suppliments. natural cosmetics, coffee beans, natural drinks and literature in your Fred Meyer Nutrition (e n te r Fvery week you’ll find money saving spe< tals that can really help you lower your family’s food bill Portland Observer, June 6, 1984 Section II Page 9 K Ä -2 1 » I DBS! 'S J a • S' I