Archive for January, 2009
After college work: Accounting Staff
In my class (UST, B.S. in Accountancy, Batch 1999), we all wanted to get in one of the Big Four auditing firms that time: SGV & Co., KPMG Laya Mananghaya & Co., Joaquin Cunanan & Co., and, Punongbayan & Araullo. Naturally, since that time SGV was the number one auditing firm in the country, every one was doing their best to get in.
But I have this really weird attitude… If every one is flocking in the right direction, expect me to go to the left side. So when every one of my classmates (and batchmates I think) were applying at SGV & Co., I was biding my time, checking my options. I applied at Punongbayan & Araullo and at KPMG Laya Mananghaya & Co. Those were my only choices. I ended up in Laya because they have an accounting firm there. I like Accounting more than Audit. Thus, my first work after college and passing the CPA board exams was an accounting staff position at the accounting firm of KPMG Laya Mananghaya & Co.
Tags: B.S. in Accountancy, Batch 1999, Joaquin Cunanan & Co., KPMG Laya Mananghaya & Co., Punongbayan & Araullo, SGV & Co., University of Santo Tomas
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Tax Season
As early as November, the tax season kicks in. For accountants out there, you know what I am talking about. Tax season is the period in between wrapping up a company’s books of accounts, to renewal of business permits, to financial statements presentation to external audit until filing of the Income Tax Return.
During this period, tempers are running high in the office. Especially among the finance and accounting people. There are just too many reports to finish. Too many permits and other licenses to renew. Too many things to mind lest the financial statements numbers will be inaccurate. This is also the time when most people are out partying due to the holiday season but the accountants are left in the office because there is the annual inventory to mind and books of accounts need to be filed to the internal revenue office.
January is the start of the financial statement preparation and for some companies, this is also the kick off of the external audit being done by auditors from the public auditing firms. Double dose of tension in the office…
I know the feeling all too well.
Tags: Audit Season, Tax Season
After passing the board…
What does one do after passing the CPA Board Exams? If you have enough money and your parents are willing, go get a vacation. You deserve it! But if you are keen on starting work right away or you badly need to start earning, go and build your resume.
How do you present a resume of a newly graduate person who has nothing really to boast of except his or her school? Just give a one page resume with your career objective, personal information (limit it to birthdate, father and mother and their occupation, interests) and if you were lucky enough to attend seminars, conferences and trainings, put it there as well. And remember this: you do not give out a list of references right away. Just put reference to follow upon request.
Resume ready? Go and create online profiles with your resume details in several headhunter web sites. Locally, we have Jobstreet.com, JobdsDB.com and so on. Avoid dropping resumes personally, unless you are expecting an interview right away. For one, it is costly. Plus, most companies prefer to receive applications online now. Go to job fairs instead. That way, you are shooting not just two but many birds with one stone.
Get my drift?