Certified Public Accountant (CPA)

1. Certified Public Accountant (CPA) By: Danielle Collins

2. Who Did I Interview? Ralph Katzman • (My Uncle)

3. Job Description • “Responsible for preparing and analyzing financial reports for individuals and companies. Audit financial reports for compliance and review company's financial status to ensure there are no discrepancies.” ~America’s Job Exchange • Examples: • Taxes and tax returns • Budgeting • Keep financial records

4. Subjects He Studied • Intro to Accounting (Acctg) • Intermediate Acctg • Advanced Acctg • Cost Acctg • Business Law • Income Taxes

5. Math • Mostly basic (arithmetic and algebra): • Adding, subtracting, multiplying dividing • Sometimes: • “Simultaneous equations, present value, ratios, mortgage and note payment calculations” ~ Ralph Katzman

6. Math Problems • Loan amortizations • Amortizations- “to pay off (as a mortgage) gradually usually by periodic payments of principal and interest or by payments to a sinking fund” ~Merriam Webster • Equity = Assets – Liabilities • Financial statement ratios • E.g. current ratio, working capital ratio, etc. • “Relationship between Accounting Data” ~Accounting for Management

7. Why He Chose CPA • “Took a bookkeeping class at college and loved the logic of learning the Business Language using ‘Numbers’”~ Ralph Katzman

8. Websites • http://www.americasjobexchange.com/certified-public-accountant-job-description • http://www.merriam-webster.com/dictionary/amortizing?show=0&t=1375317568 • http://www.accounting4management.com/financial_statement_analysis_accounting_ratios.htm