“nerd”
DESCRIPTION
“Nerd”. “Cool”. And now, devotees of Spiderman comics can also follow the adventures of “The Prowler,” a caped superhero, and his svelte wife, Mindy, who works by day as a bookkeeper and by night studies for the certified public accounting exam. - PowerPoint PPT PresentationTRANSCRIPT
And now, devotees of Spiderman comics can also follow the adventures of “The Prowler,” a caped superhero, and his
svelte wife, Mindy, who works by day as a bookkeeper and by night studies for the
certified public accounting exam.
Alison Leigh Cowan, “C.P.A. Rallying Cry: Dull No More!” New York Times. (Dec. 21, 1989): 1.
Ever wonder why so many mergers make the CEO look like Superman? Odds are,
it’s not the strategic fit. It’s the accounting.
Shawn Tully, “The Earnings Illusion,” Fortune. (April 26, 1999): 206.
Microsoft Corp. said it is being investigated by the Securities and Exchange Commision for the
way it has recorded revenue during its long boom times.
The suit quoted electronic mail from the company’s former chief financial officer to
Microsoft Chairman Bill Gates, urging that the company “should do all we can do” to “smooth”
its profits and keep a “steady state earnings model.”
Lee Gomes, “Microsoft Says SEC Probes Its Accounting,” The Wall Street Journal (July 1, 1999): A3, A12.
Accounting Today’s annual study of the nation’s leading tax, accounting and
business services firms shows an industry enjoying frenzied demand from clients, breakneck growth in a broad array of
service lines, and wallet-busting revenues and profits.
Rick Telberg, “The Top 100: Going Strong into the millenium,” Accounting Today (April 1999) 4.
Arthur Andersen, LLP Deloitte & Touche, LLP
Ernst & Young KPMG Peat Marwich
PriceWaterhouseCoopers, LLP
Top Five Professional Service Firms...
Accenture
American Express (AMG, MP) Cap Gemini Crowe, Chizek & Company Grant Thornton H & R Block (Katz, Sapper & Miller) Olive, LLP Clif ton Gunderson LLC
Other Professional Service Firms...
Industry...American United Life Insurance Co.Dow Chemical CompanyEli Lilly & CompanyBank One CorporationIBM CorporationMotorola, Inc.Cummins, Inc.CNA InsuranceGeneral Electric CompanyJohn Hancock Mutual Life Insurance Co.Lockheed Martin Control SystemsProctor & Gamble CompanyQuaker OatsSubaru-Isuzu Automotive, Inc.
World Class Curriculum1. University of Illinois2. University of Texas3. University of Michigan 4. University of Pennsylvania4. University of Southern California6. Brigham Young University
8. University of Florida9. University of North Carolina10. New York University
U.S. News ranked our Accounting Program...
7. Indiana University
FreshmanSophomoreJunior
Admission to MPA
MBAa degreeMPA degree
4-yearbachelors degree
ISS
MBAa
Senior Corecurriculum
Tax trackConsulting trackE-Business trackAssurance track
Year 1Year 2Year 3
Year 4
Year 5
IU Accounting Programs
Other 4-yeargraduates
Admission
Tax trackConsulting trackE-Business trackAssurance track
Faculty
• Steve Baginski
• Daniel Beneish
• Walt Blacconiere
• Joe Fisher
• Jim Grandorf
• David Greene
• Mike Groomer
Faculty
• Les Heitger
• Peggy Hite
• Pat Hopkins
• Laureen Maines
• Jerry Salamon
• Geoff Sprinkle
• Jim Wahlen
YES NO
Am I willing to put in the effort to be the best
I can be?
Curriculum is challenging, interesting, and broad.
Financial Accounting Standards BoardThe mission of the Financial Accounting Standards Board is to establish and improve standards of financial accounting and reporting for the guidance and education of the public,
including issuers, auditors, and users of financial information.
YES NO
Am I interested in joining a highly-
respected profession?
YES NO
Do I want to be well compensated?
Business-Undergraduate $40,000
Masters of Business in Accounting $50,000
Do I want a career that provides limitless
professional options and paths?
Yes NOPartner in professional service firm (assurance, tax, business advisory), chief financial officer, controller, professional consultant, investment analyst, etc...