Joined: 06 Nov 2011
Online Status: Offline Posts: 1
Posted: 06 Nov 2011 at 14:08 | IP Logged
I really need some advice on taking accounting courses.
Please help, thanks!
My situation:
I took introductory financial accounting for the first
time in 2008, but I ended up withdrawing from the course.
Then I retook the same class at the same school (a 4-yr
college) in 2009 and received a letter grade of B.
I recently transferred to a different college, where I
received transfer credit for the intro FA class I took at
my previous school. Thus, I am currently taking
Managerial Accounting.
However, it has been 2.5 years since I retook the intro
FA course. I honestly don't think I have a 100%
understanding of the basics taught in the intro FA
course, despite having retaken it once.
So, would it be a smart decision for me to retake
introductory financial accounting?
Or is it possible to go onto intermediate financial
accounting without a 100% understanding of the basics
taught in the introductory financial accounting course?
Joined: 06 Aug 2011 Location: United States
Online Status: Offline Posts: 37
Posted: 10 Nov 2011 at 18:43 | IP Logged
This more or less happened to me. I ended up retaking financial accounting. If an employer ever scrutinizes my transcripts they will see that I've taken it twice.
If you're older and have time, take it. If you're in a rush and trying to land a job soon and need to fit into the perfect mold, like if you're applying to PWC and you know they're going to scrutinize every semester on your transcript, then I would NOT take the same class twice. Taking the same class twice means it didn't stick the first time and I'm assuming it would bring up questions or raised eyebrows.
If you're the average person in the work world then no one is ever going to pull your transcripts. In that case I would retake it.
__________________ BA '10 from top 25 undergrad school.
Currently a staff accountant @ a small software company.
Currently in school PT getting CPA units.
Goal--FT audit position at Big 4 in Fall'13.
Mid 20's
Joined: 20 Aug 2011 Location: United States
Online Status: Offline Posts: 162
Posted: 14 Nov 2011 at 23:22 | IP Logged
I haven't done accounting work for many years and was also debating this issue. I think I would do well in Intermediate Accounting without retaking the Principles in Accounting class. However, I've forgotten so much of the material in the Principles class that I'd be so embarassed if I was caught making a simple bookkeeping mistake. Thanks for bringing this up.
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Topic: Retake Introductory Financial Accounting?
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