Alright college students let start suing.

[Root beer]

http://www.cnn.com/2009/US/08/03/new.york.jobless.graduate/

Asked whether she would advise other college graduates facing job woes to sue their alma maters, Thompson said yes.

I say we ripped off the textbook companies instead. We spent all this money on textbooks only get the shaft and never used them.

[Micro]

"As Thompson sees it, any reasonable employer would pounce on an applicant with her academic credentials, which include a 2.7 grade-point average and a solid attendance record."

LMAO   ;D ;D ;D ;D

[Root beer]

"As Thompson sees it, any reasonable employer would pounce on an applicant with her academic credentials, which include a 2.7 grade-point average and a solid attendance record."

LMAO ;D ;D ;D ;D

This why I want make 4.0 or at least 3.5. Accounting Majors at ETSU requires a minimum of 2.5 If i made that grade I be laughingstock to my classmates. University of Tennessee requires accounting majors to have 3.0 while rest of business field can squeak by with 2.0 I mean Most employees will never see your grades, but I will be P.O. if one of my classmate got the job I wanted and I made a better grade. :-? Lol. oh well. Accounting jobs are expected to skyrocket by 2016 according to Bureau of Labor, so I'm not sweating it.

I can thank Enron for that and uh Arthur Anderson. :

[fourbizz]

Some people....

[bilgerat]

Sooooooo......A college degree = entitlement to a full time job with all of the perks and bennies and not having to consider a job that you think is beneath you. Or working your way up to prove your worthiness. Wow. I guess all of the s*it jobs I've had in the past didn't count for anything. Who do I sue ?

[KU_Bassmaster.]

"As Thompson sees it, any reasonable employer would pounce on an applicant with her academic credentials, which include a 2.7 grade-point average and a solid attendance record."

LMAO ;D ;D ;D ;D

This why I want make 4.0 or at least 3.5. Accounting Majors at ETSU requires a minimum of 2.5 If i made that grade I be laughingstock to my classmates. University of Tennessee requires accounting majors to have 3.0 while rest of business field can squeak by with 2.0 I mean Most employees will never see your grades, but I will be P.O. if one of my classmate got the job I wanted and I made a better grade. :-? Lol. oh well. Accounting jobs are expected to skyrocket by 2016 according to Bureau of Labor, so I'm not sweating it.

I can thank Enron for that and uh Arthur Anderson. :

I don't mean to scare you ... but you should be sweating a little bit.

I graduated May 2008 with an Accounting degree. I was by no means a stand out student, but I would say I was a little above average. My overall GPA was in the 3.4's and my Accounting GPA was in the 3.6's. I did not land a regular full time job until March 2009 .... and it is not accounting related.

I worked 4 temp jobs, all in the accounting field, between June 08 and February 09. During that time I also interviewed for probably 10 regular full time positions. I made it to the second round of interviews in many of those and a couple of those I even had some pull from someone on the inside. IMO, I felt like I was interviewing against 10+ people (many of whom were over qualified) for 1 position. I think in times like these many people are working jobs they are probably over-qualified for just to have a job. I felt like for these "just of a school" accounting jobs I was interviewing against people with their Masters, people who have been in the industry for a few years, or even both.

I guess what I am trying to say is don't sit back and relax and expect all these great job offers to come rolling in just because you have this piece of paper and hear these figures of how the accounting field is growing and will continue to grow. I heard the same BS and never imagined it would have been as hard as it was to find a job.

[Chris at Tech]

Wow...I think all this crap started when they decided to stop keeping score in pee-wee soccer.

If a 2.7 GPA and good attendance isn't enough to land someone a job then I don't know what is.  Oh wait, yes I do...

[burleytog]

It's a sham propagated by academia.  Go to college or you won't get a good job.

Sometimes college helps, sometimes it doesn't.  But a degree is by no means a guarantee for a job.

[Uncle Leo]

I feel a rude awaking coming on. Check the unemployment rate lately? It's tough out here.

[Tin]

I feel a rude awaking coming on. Check the unemployment rate lately? It's tough out here.

x2

There are a lot of unemployed accountants with a lot more experience than you just dying to find a job. They are kind of like all the people around here to be English, History, and Phys Ed. teachers.  :

[dmac14]

So the answer to any problem in someones life is to sue?

So if I were to get laid off from a job I can sue them because they took my job away?

Man people are crazy, I should start suing people for all my problems  .

Dear Bassresource,

   I am suing you because I like your site better than HW  

[S I G M A]

"As Thompson sees it, any reasonable employer would pounce on an applicant with her academic credentials, which include a 2.7 grade-point average and a solid attendance record."

LMAO ;D ;D ;D ;D

This why I want make 4.0 or at least 3.5. Accounting Majors at ETSU requires a minimum of 2.5 If i made that grade I be laughingstock to my classmates. University of Tennessee requires accounting majors to have 3.0 while rest of business field can squeak by with 2.0 I mean Most employees will never see your grades, but I will be P.O. if one of my classmate got the job I wanted and I made a better grade. :-? Lol. oh well. Accounting jobs are expected to skyrocket by 2016 according to Bureau of Labor, so I'm not sweating it.

I can thank Enron for that and uh Arthur Anderson. :

I don't mean to scare you ... but you should be sweating a little bit.

I graduated May 2008 with an Accounting degree. I was by no means a stand out student, but I would say I was a little above average. My overall GPA was in the 3.4's and my Accounting GPA was in the 3.6's. I did not land a regular full time job until March 2009 .... and it is not accounting related.

I worked 4 temp jobs, all in the accounting field, between June 08 and February 09. During that time I also interviewed for probably 10 regular full time positions. I made it to the second round of interviews in many of those and a couple of those I even had some pull from someone on the inside. IMO, I felt like I was interviewing against 10+ people (many of whom were over qualified) for 1 position. I think in times like these many people are working jobs they are probably over-qualified for just to have a job. I felt like for these "just of a school" accounting jobs I was interviewing against people with their Masters, people who have been in the industry for a few years, or even both.

I guess what I am trying to say is don't sit back and relax and expect all these great job offers to come rolling in just because you have this piece of paper and hear these figures of how the accounting field is growing and will continue to grow. I heard the same BS and never imagined it would have been as hard as it was to find a job.

3.83 cum gpa, double major in accounting and business admin with emphasis in finance, was luckily able to land a job in a small cpa firm about a month after graduating in may

the market is very tough right now... i sent out probably resumes to 100 places.  have fun with the cpa exam if you take that route... it sucks as much as everyone says ;D

Grades aren't as important as internships and involvement. Real life application and experience > being able to study

[Dan:]

Her school saved attendance records?

[SirSnookalot]

The purpose of college is to educate and to prepare one to meet the challenges of life, getting a job is up to you.

The job market is like any other market, supply and demand and right now there is a ton of supply with little demand.  As an econ major you should know jobs do not start recovery but are one of the last components to come back.  Newsweek, Greenspan and a host of other notables have declared the recession is over or at least bottomed and we are now entering recovery which will be slow.

After the recession of the early 90's, it was not uncommon to get job signing bonus

[Sam]

You guys need to see the people with the college degrees working for the IRS in Richmond.

It is a zoo when they come out of the building.

I can't say what schools they attended as they were lower level schools that our government supports, but they are as worthless as on a bull.

Just because you have a college degree does not mean you are entitled to a career. There are other variables employers take into consideration.

And you guys have to go to the Federal Building in Richmond and watch them walk out. It is amazing but on the other hand, they are employed.

[Root beer]

You guys need to see the people with the college degrees working for the IRS in Richmond.

It is a zoo when they come out of the building.

I can't say what schools they attended as they were lower level schools that our government supports, but they are as worthless as **** on a bull.

Just because you have a college degree does not mean you are entitled to a career. There are other variables employers take into consideration.

And you guys have to go to the Federal Building in Richmond and watch them walk out. It is amazing but on the other hand, they are employed.

I rather be on the CPA side of the hustle ripping the IRS off legally.  

[Root beer]

Sigma, yeah it going to suck. But it will be rewarding if I passed it. Right now I'm worry about meeting the education requirement then I start preparing for it while hopefully with accounting job, because I got not only meet education, but work experience requirement. I was wondering if the exam gets easier if you got right accounting job. Because if you work for a CPA firm you are accustom to seeing their day to day operations and you gain knowledge that way rather than reading and studying a book. Would you agree or am I off a little?

[bilgerat]

You guys need to see the people with the college degrees working for the IRS in Richmond.

It is a zoo when they come out of the building.

I can't say what schools they attended as they were lower level schools that our government supports, but they are as worthless as **** on a bull.

Just because you have a college degree does not mean you are entitled to a career. There are other variables employers take into consideration.

And you guys have to go to the Federal Building in Richmond and watch them walk out. It is amazing but on the other hand, they are employed.

I rather be on the CPA side of the hustle ripping the IRS off legally.

God I hope you're kidding. Just who I want tending to my investments. Some Gordon Gecko wannabe playing fast and loose with my money. Were you in a coma at the beginning of this year ??

[Root beer]

I said legally. Gordon Gekko? Where have I heard that name...isn't that a movie where the character was doing inside trading?

I was referring to shrinking the tax base for taxpayers who qualifies for deductibles and exemptions and doesn't know it. I probably will not work in taxes, I will most likely work in advisory service. We light that firecracker when time comes.

[christopherjake]

Sign of the times?

[bilgerat]

I said legally. Gordon Gekko? Where have I heard that name...isn't that a movie where the character was doing inside trading?

I was referring to shrinking the tax base for taxpayers who qualifies for deductibles and exemptions and doesn't know it. I probably will not work in taxes, I will most likely work in advisory service. We light that firecracker when time comes.

I'm not pickin' at ya. Really I'm not. But when you use the 'wink wink' smiley next to the word ' legally' and refer to working in the financial world as the 'hustle' it kind of makes my eye twitch. It really does not present the best image.

Serious question : Are ethics discussed during your classes or is it just something that's glossed over quickly while everyone rolls their eyes ?

[Lund Explorer]

If you'd like some advice from a guy who is already 30+ years down your chosen career path, you had better plan on doing it all.  And you REALLY need your CPA license if you want to deal with Uncle Sam on behalf of your clients.  Not too many EA's anymore, and that is about the minimum for doing this job anymore.

The key for me has been to focus on the small "Mom & Pop" business clients.  Not a bad life, but be prepared to having to handle accounting, taxes, audits, software, plus a whole litany of consultation services.  If you're good at it, you won't be able to handle all the clients that will come your way.

[Root beer]

I said legally. Gordon Gekko? Where have I heard that name...isn't that a movie where the character was doing inside trading?

I was referring to shrinking the tax base for taxpayers who qualifies for deductibles and exemptions and doesn't know it. I probably will not work in taxes, I will most likely work in advisory service. We light that firecracker when time comes.

I'm not pickin' at ya. Really I'm not. But when you use the 'wink wink' smiley next to the word ' legally' and refer to working in the financial world as the 'hustle' it kind of makes my eye twitch. It really does not present the best image.

Serious question : Are ethics discussed during your classes or is it just something that's glossed over quickly while everyone rolls their eyes ?

Either my third year or fourth year I have to take a business ethic class. I have to spend an entire semester or two learning regulations. I think I have take one again in graduate school. Also my accounting class this fall will mention some accounting ethics, but I will go into greater details of those regulations in the business ethic class. The CPA exam is divided into 4 parts. Auditing, Regulations, Business concept, Financial reporting. (correct me someone if I'm wrong) So yeah I will have to learn a great deal of regulations and ethic. (each parts is like 4 hours long.) Man, I got lot to learn.

Thanks for the advice Bass-Ackward. I want start out working for big firm get some experience then venture down the road of freelancing/starting my own small firm.  

[S I G M A]

You guys need to see the people with the college degrees working for the IRS in Richmond.

It is a zoo when they come out of the building.

I can't say what schools they attended as they were lower level schools that our government supports, but they are as worthless as on a bull.

Just because you have a college degree does not mean you are entitled to a career. There are other variables employers take into consideration.

And you guys have to go to the Federal Building in Richmond and watch them walk out. It is amazing but on the other hand, they are employed.

I rather be on the CPA side of the hustle ripping the IRS off legally.

God I hope you're kidding. Just who I want tending to my investments. Some Gordon Gecko wannabe playing fast and loose with my money. Were you in a coma at the beginning of this year ??

This whole housing crisis is not the fault of CPAs. You can blame underwriters and loan officers for that crap... CPAs are not responsible for underwriting and credit checks and things of that sort. CPAs also would not be "tending" to your investments, that would be your CFP.

As for "husting" the IRS, it is kind of true... although i wouldn't put it in those terms. Generally when you get a tax notice from the IRS, a qualified tax expert can generally get your fines and penalties knocked down dramatically, even if you are clearly in the wrong.

JD + CPA = IRS nightmare...

Also proper tax planning can work wonders for those in higher income brackets

Root Beer- you will pick up some things in practice that will help you on the exam, however, the exam covers such a tremendous scope of material that it really won't matter. You may study a little less in a certain area, but that will be the extent of it... unless you have a photographic memory

[Root beer]

Root Beer- you will pick up some things in practice that will help you on the exam, however, the exam covers such a tremendous scope of material that it really won't matter. You may study a little less in a certain area, but that will be the extent of it... unless you have a photographic memory

Haha, thanks for the tip.