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Inspired
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Posted: 08 Nov 2009 at 09:12 \| IP Logged

nycaccounting wrote:

You can always go back to school to do engineering or science, but be warned, it is many magnitudes more difficult to study and get a decent paying job.

I changed majors from Science to Accounting because I thought it would be easier and I could find a Job easily. Man am I wrong. I live in a city with the 3rd highest unemployment.

HOWEVER I haven't given up yet because I remember I was so excited to be in accounting and so MISERABLE in SCIENCE CLASSES. Plus I am ready to move my LIFE anywhere for a good opportunity. I don't know if ENGINEERING is a viable option because Organic Chemistry was a major Killer. If you can see yourself dealing with that class then go for it. I am not there yet.

Aznanalyst83
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Posted: 08 Nov 2009 at 14:16 \| IP Logged

Al Bundy wrote:

clips2007 wrote:

nycaccounting wrote:

I have had first or second hand experience in the following professions, accounting, law, medicine, science, hr, IT. and Accounting, from the cost benefit standpoint, is the best one out of them. You do not need a graduate education, just need to pass the cpa to make a good living. In a normal economy, accountants with experience can still find jobs easily. In addition. accounting work is really not hard at all. You don't need to work that hard to do well in accounting. In public accounting you work long hours, but the work is easy,really easy. In corporate accounting in the right position,you work 40 hours a week, barely need to think and still make good money. There is no better career in my opininon for someone who do not want to work long hours to make a good living.

That is the exact reason why a lot of smart, motivated people don't get accounting jobs. The work is a joke. I thought being a CPA, passing the exam and doing the actual accounting required skill and precision. In fact, it requires neither. Thats why its so hard to get a job in accounting especially in PA and B4. All you need is a flowery personally.

Going into accounting is the biggest mistake of my life thus far. I should have explored real professions like engineering and science. Atleast they value intelligence and achievements and way less people are competing for these jobs because they require real passion for the subject matter and not pure greed like the CPA people.

Well said

Eh, I have a lot of engineering friends and I used to be in Electrical engineering..believe, the job market is AWFUL even in good economy, I remember fighting for a internship with people from China and Russia, then watch a lot of the jobs getting shipped overseas.

To be honest, CPA is a mini-crash in itself thanks to Sarbone-Oxly, it vastly inflated the number of CPAs needed, just as Comp-Sci was flooded with graduates in 01 thanks to the internet boom.

There is always room for recovery; at least non of us are a machinest in a mid-west town right now with it is only FORD/GM line.

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Tifferbugz
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Posted: 08 Nov 2009 at 14:54 \| IP Logged

It always looks like the grass is greener on the other side. Nursing has some of the lowest job satisfaction ratings of any profession. I have several friends who are engineers and scientists who have been out of work for months due to the economy. When an engineering job is posted at my work there are a comparable number of applicants to the accounting jobs posted. With official unemployment rates over 10%, no profession is secure at the moment, some are just a bit more secure than others. Personally, I'm glad to be an accountant right now after seeing how many marketing, sales, and ops people have been let go at my work over the last couple of years compared to accountants.

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kj_nyc
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Posted: 08 Nov 2009 at 16:13 \| IP Logged

I don't care for accounting, but I'm a tax person who wanted to work for a while in public accounting for the experience, and CPA firms think you can't do tax if you're not a CPA. So I went back to school to qualify for the CPA exam.

Before that, I was an IT person. The IT market, as well as engineering and science, is much worse because of offshore outsourcing. That's why I had to leave IT. Companies are all about cheap labor. They don't care that the quality is far inferior. I am disappointed to hear that there is some outsourcing of tax and accounting work, but it is not nearly on the scale of IT outsourcing, nor do I think it will be because there is a lot government regulation of accounting and tax, especially post SOX. IT and engineering are completely unregulated.

Inspired
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Posted: 08 Nov 2009 at 16:55 \| IP Logged

Tifferbugz wrote:

If that is correct then we won't have that many GOOD accounting jobs created since everyone is holding on and working harder when theres 10 people in line to replace 1 guy.

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