Accounting Career Resources for Students

With many colleges and universities closed and states still on quarantine due to the COVID-19 pandemic, you may be finding yourself with more free time available. That’s why TSCPA has put together a list of accounting career resources for students to check out right here on the NextAhead blog.

Association Memberships

Become a TSCPA Student Member

TSCPA Student Ambassadors

COVID-19 Resources

COVID-19 Impacts on CPA Exam

Higher Education Emergency Relief Fund and Emergency Financial Aid Grants

CPA Exam

CPA Exam Blueprints

Free Test Prep Tools

Preparing for the Exam

Sample Tests and Tutorials

General Accounting Career Resources

Career Options

FutureMe Quiz

Next Stop: CPA Podcast

Virtual Field Trips

Job Search Resources

After the Exam

Career Resources

Guide to Accounting Firms in Tennessee

Salary Information

Robert Half Salary Guide

Salary Snapshot

Scholarships

AICPA Legacy Scholarships

National Scholarship Search

TSCPA Scholarships

Tennessee CPA Licensure Information

Licensing Requirements and Exams

Professional Ethics Exam

Tennessee State Board of Accountancy FAQ 

Five Things Accounting Students Should Consider When Entering Public Accounting

By Brad Culbreth, CPA

Public accounting is an extremely rewarding career path but can be competitive and intimidating to enter. However, there are actions students can take while in school to set themselves apart from the crowd. Here are five pieces of advice to help get the job and ultimately, succeed in your career.

1.  Lay the Foundation

When entering the public accounting profession, there will be plenty of new information to absorb. There will be new software, firm procedures and policies, tax laws and auditing standards. This is exciting but can be overwhelming. Don’t compound this by having to relearn basic accounting principles. Put in the time to study and solidify your basic knowledge of the debits and credits while in school. Focus on strengthening your ability to think through accounting problems and find a solution. Laying the proper foundation now will set you up for building a successful career.

2.  Spread Your Wings

Networking is a crucial aspect for success in public accounting. Having a core group of peers in various professions is a vital part of public accounting. This network will become your source of referrals, advice in areas outside of your expertise and assistance with client needs outside of typical accounting services, just to name a few areas in which they can assist you. In short, they will help you retain current clients and refer new clients. For many people, this skill requires getting out of your comfort zone to meet new people and try new things. Attend social events, join service groups on or off campus and make an effort to meet people in your classes each day. There are plenty of opportunities available to students who seek them out.

3. Take Opportunities

You don’t have to be a senior close to graduating to begin making contact with professionals in public accounting. Schools typically hold several events each year that allow students the opportunity to meet current professionals from area firms. Don’t miss out on that opportunity. Obtain business cards and follow up with those you meet. You may be surprised how open many professionals will be to getting lunch or coffee to answer questions you may have. By creating these contacts early, you set yourself apart from your peers. This demonstrates initiative and makes you more memorable when the time comes for interviews.

4. Get Involved or Get a Job

Many firms in public accounting like to see that a student participates in activities outside of classes. Get involved in clubs, student organizations, community organizations or get a part-time job. Being able to maintain your GPA while also being active elsewhere demonstrates strong time management skills and work ethic (as well as helps with point #2 above). These types of extracurricular activities look great on resumes and could be the difference between you and your peers. In addition to building a strong resume, there are a broad range of soft skills that can be developed.

5. Be Adaptable

As evidenced by the overhaul to the tax laws last year, rules and regulations are always changing. Professionals in public accounting must be able to take in change and adapt to new sets of rules almost constantly. Being able to digest these changes quickly and develop appropriate strategies creates the value our profession demands. Always be learning and growing so that when change comes, you’ll be equipped to handle it.

Public accounting is definitely a fast-paced work environment but can be an extremely rewarding career.

Communicating Without Words: A Soft Skill Worth Learning

By Tiffany Underwood, CPA

Whether you are interviewing for your next job or facilitating an important meeting, recent studies suggest soft skills like communicating could come in handy and are becoming more sought after in the workplace. In addition to communicating, soft skills consist of dependability, teamwork, critical thinking, and leadership, among others. According to research from the American Psychological Association, employers were more likely to hire a candidate that was likeable. Results from a survey conducted by the Society for Human Resource Management showed soft skills such as dependability, teamwork, respect and integrity were all vitally important for hiring entry-level jobs. A CNBC article listed five top soft skills to get hired; communication was a soft skill among these.

Communication seems easy, and we would all like to think that we do it well, but that is contrary to what perspective employers are saying. We have been told to be prepared, so we choose our words wisely. We try to speak as clearly and concisely as possible, but there is more to communicating than simply writing or speaking well. There is much debate on the amount of nonverbal communication that occurs in a conversation, but we can all agree nonverbal signals are continuously being sent. We each have experienced a conversation where someone’s body language does not match his or her words.

Nonverbal communications are messages sent without speaking such as posture, pitch, eye contact, emotional expression, hand gestures, listening skills and attention, among other traits. Nonverbal communication can make a good or bad impression and could be a determining factor for a job offer. The type of nonverbal communication used should be representative of the message and audience receiving the communication. For example, at an interview or meeting, proper posture and a more serious tone may be necessary for delivering a message. Eye contact is also important, but not too much or it becomes uncomfortable.

The best way to develop nonverbal communication skills is to practice communicating and watch and listen for nonverbal signals being passed throughout the communication. Nonverbal communication can be practiced with a mirror or video tape. Having another person watch and critique nonverbal signals may also be helpful. Whatever method you choose to practice nonverbal communication, it is important to learn and understand the messages being sent without words.

About the Author

Tiffany Underwood, CPA, is an auditor at the Metropolitan Nashville Airport Authority. She can be reached at tiffany.underwood001@gmail.com. 

The Importance of Emotional Intelligence & Empathizing with your Coworkers

By Kati Uttz, TSCPA Memphis Chapter Student Ambassador

When you think about accounting, what comes to your mind? Number-cruncher? Nerd? Stuck in a cubicle all day? Well listen up folks, because I’m about to break the accounting stereotype for you. If there is one thing I’ve learned throughout my various internships, it’s that people are the true focus of accounting. Yes, you heard me right. Gone are the days that calculators reign as the mascots of accountants. Technology is changing the world, our profession included. With the implementation of bookkeeping software and the rise of automation, the jobs of accountants are shifting. Currently, the fastest growing sector of accounting is advisory. By nature, advisory engagements are driven by accountant-client interaction. Customers are moving away from basic financial services and moving toward consultations that are tailored to their needs. As we all know, human beings aren’t cold and calculated like computers. Nine times out of ten, our decisions are driven by emotion, not reason. This is why building emotional intelligence is so critical for success.

The term emotional intelligence (EQ) describes an individual’s ability to understand one’s own emotions while also empathizing with and responding to the emotions of others. You may be surprised to learn that EQ is now a better indicator of future success than technical skills alone. Yet, our accounting curriculum still focuses primarily on acquiring the technical skills. This can cause those extremely valuable soft skills to slip through the cracks. We are all aware that the number-crunching services are the ones most vulnerable to automation. Which is the exact reason EQ plays a vital role in maintaining a highly successful accounting career.

In today’s world, businesses revolve around emotions. It is important to gain the trust of your clients, and for them to feel like their business is meaningful. We now live in a consumer-focused market, which means that consumers are more likely to repeatedly buy from companies that put the needs of the consumer first. By showing your clients that their business has value, you’ve taken a step towards growing your EQ. You need to be ready to empathize with your clients when they’ve had a bad day. You should be willing and ready to listen to their concerns. You should show understanding when they become frustrated over potential problems. Your reactions in moments like these can make or break your relationship with a client. Learn how to relate your experiences to your customers. Take note of your clients’ motivations and how that influences their goals. Align yourself with them. This can help immensely in your ability to influence and persuade others.

On the other hand, you should strive to be in complete control of your own emotions. Too many times have I seen peers of mine "blow up" in anger when they didn’t see results they wanted. Not only does this leave a bad taste in your employer’s mouth, but you can also say “hasta la vista” to future business with a client that witnessed your emotional outburst. This kind of reaction gives the notion that you do not respect your clients’ time, and you are exhibiting a lack of willpower. Appearance is key in maintaining a strong relationship with your customers. Be certain your personal branding is one the client is willing and wants to trust. Remember that when clients share their financial information with you, they’re putting great faith in your character. Don’t give them reason to doubt that your relationship is anything other than excellent. By building and growing your own EQ, you too can become a master at maintaining relationships.

Healthcare Revenue Recognition Update – ASU 2014-09

by Michael Wade, CPA, Watkins Uiberall, PLLC

In today’s world of healthcare and financial reporting for health systems, assisted living programs and health insurance, it’s imperative to stay connected with the updated accounting standards and regulations in the industry. As the outside auditor or the inside CFO of a company in this industry, maintaining this compliance can require continuous monitoring throughout your career as current legislation dictates several of the accounting and financial reporting standards that affect the healthcare industry. One of the most important set of standards that are crucial for GAAP compliance in this industry are revenue recognition updates.

In May 2014, FASB rewrote the rules for revenue recognition in the healthcare by issuing Accounting Standards Update (ASU) 2014-09 - Revenue from Contracts with Customers. This new standard created a principle-based framework for healthcare organizations in determining when and how an entity recognizes revenue from its customer contracts. Effective dates for this standard to take effect in the financial reporting regulations are Dec. 15, 2017, for public entities, and Dec. 15, 2018, for all other entities.

Regarding the changes to the new update, FASB has decided to base the new standard on a core principle for recognizing revenue: revenue should be recorded only when services are provided or goods are transferred to customers at the agreed price. To summarize the highlights of the new standard, healthcare organizations will now determine revenue recognition based on the following 5 factors:

1. Identify the contract with the customer.
2. Identify the performance obligations in the contract that are to be met.
3. Determine the transaction price.
4. Allocate the transaction price to the performance obligations in the contract.
5. Recognize revenue when (or as) the entity satisfies the performance obligations

For several organizations in the industry, implementing these changes will present new and possibly significant challenges in conforming their current recognition policies to the new standard. For organizations that are seeking help on implementation and/or issues that they might face when implementing the changes, one source they can look to for help is the AICPA Health Care Entities Revenue Recognition Task Force, which is just one of 16 industry task forces created to identify potential implementation issues and provide guidance.

Some of the healthcare type industries that will be affected by the new standard are continuing care retirement communities, hospitals and health systems, and third-party payer settlements. For hospitals and health systems specifically, one example of a challenge that organizations in this healthcare industry will face is the providing of emergency services to uninsured or self-pay patients. Under the new standard, the organizations must determine all the factors listed above. These considerations will impact both the timing and amount of revenue that is ultimately recognized.

FASB, AICPA and several trade associations have begun studying the issues facing healthcare organizations, but formal guidance is not expected soon, as most guidance associations have taken a “wait and see” attitude before developing formal guidance. As noted earlier however, several task forces are being put together to assist in implementation guidance along with accounting firms across the country taking on the initiative to help their clients in the challenges their facing with interpreting and implementing the requirements from the new standard.

Both public and non-public healthcare companies should prepare to adopt the new standard requirements by reviewing their current revenue cycles and recognitions policies for areas that will be affected by the new requirements. As with the industry itself, healthcare accounting and financial reporting standards are constantly evolving and compliance in this industry will require dedicated individuals with high-levels of experience and expertise.

Four Tips for Working Parents

Jennifer Whaley, CPA

Working full-time and being a full-time parent can be challenging, especially if you have a career in public accounting and you are in the middle of tax season. It may be difficult to divide time between work and family. Having to juggle responsibilities at work and at home may become stressful. Being a full-time CPA and full-time mother of two under two, I am very familiar with these challenges. However, there are several tips working parents can apply to help balance a professional career and parenthood.

1. Obtain support from friends and family

After returning to work eight weeks after the birth of my first child, I had mixed feelings. I was excited to jump back into my career but sad that I wouldn’t be spending as much time with my little girl. There were even times when I felt guilty about returning to work. Learning to lean on my husband, friends and family for support helped tremendously. I was able to discuss my thoughts and feelings with friends and coworkers who had been in my shoes and were able to offer advice. Knowing I was not alone and that there were others who had similar experiences was encouraging.  

2. Get organized

Keep an up-to-date calendar to help you plan, prioritize your responsibilities and manage your time wisely. Also, getting ready to leave for work in the morning is much more of a challenge when you have children to get ready as well. I found that planning for the next day the night before made things less stressful in the morning. Small things such as laying out my daughter’s clothes and packing her lunch the night before helped me not to be rushed the next morning.

3. Accept that there will be good days and not-so-good days

I am a planner. I love a plan. I need a plan. However, sometimes plans must change. Waking up to a child with a fever, or getting a call from the daycare center telling you your child is sick can quickly change the day’s agenda. There will be things that happen that are out of your control. That is a part of life and pertains to anyone whether you are a parent or not. For planners like myself, learning to be flexible is key to maintaining your sanity and coping with days that don’t go as well as others.

4. Talk to your employer

It is important to communicate your needs and concerns with your employer. You may be surprised to learn how understanding and flexible your employer may be regarding your specific situation. Some workplaces allow you to work from home when the need arises. Overnight travel may be reduced or eliminated based on your needs. Hours may be adjusted to match your schedule.

These are just four things that worked for me. We all live life differently, and as such will need to approach each situation differently. For some, trying to be a parent and a full-time professional is not an option. I love my family and I love my career. Thanks to the love and support I have received from my family and friends, I have been able to find the balance between the two.


About the Author
Jennifer Whaley, CPA, is an auditor at Brown Edwards & Company, LLP in Kingsport and a member of TSCPA's Young CPA Workgroup.

What Do You Look Forward To?

by David Jensen, CPA

Carr, Riggs & Ingram, LLC

For those of us in public accounting, busy season is right around the corner. While this time is rewarding in many ways, eventually the long hours can become overwhelming. In my experience, the best way to keep a positive attitude during this stressful time is to have fun activities planned. Having something to look forward to can be a big help in getting you through a long day, week or month. Here are three activities that help keep me going during busy season.

Daily
Last busy season, a couple of coworkers and I got together at 6:00 p.m. every day to do push-ups. We started with one and added an additional push-up every day, so that by April 15 we reached 100 total. It was a quick and fun team-building activity that was also goal-oriented. If push-ups aren’t your thing, take a walk around your office with some coworkers. Having a little something to look forward to on a daily basis can be a big stress reliever. The key is to find something that is quick, so that sticking with it doesn’t become a burden.

Weekly
I also wanted to create something that accomplished more than a quick daily tension relief, so I started a weekly running club within the firm. We meet once a week, running a one-mile loop starting and ending at our office. Participants can do as many loops as they like, but usually we are all done after 30 minutes of exercise. Last year, about 20 percent of the office participated. We even created a leaderboard where we competed for the fastest lap time.

Monthly
The staff in my office gets together after work once a month. Usually we go to dinner or find a happy hour near the office where we can unwind. The first time we played trivia together we won. There aren’t too many adrenaline rushes in public accounting, so the high we felt after that win stuck with us for days. We haven’t come close to winning again, but we still talk about that night as our greatest collective achievement. Finding a couple of hours to relax and vent some frustrations can really go a long way to preserve the sanity of the entire office.

Each of these activities have a few things in common. First, they don't require a big time commitment, which is key because there isn’t much time to spare. Second, they are scheduled ahead of time, so that they can be something to look forward. Third, they involve coworkers who can help keep you accountable; it is much harder to work through a scheduled event if you know that other people expect you to join. Getting other people involved builds camaraderie and a support system that only those in this industry can understand.

Before busy season begins, schedule a few fun activities and invite your coworkers to take part. The key is to focus on activities that will keep your spirits up and enable you to have a positive attitude.

Five Quick Ways to Save Money

Are you trying to cut down on costs but still finding yourself short of funds some of the time? The Tennessee Society of CPAs offers these simple solutions to help you eliminate unnecessary spending and pump up your budget power.

Take a Gift Card to Lunch
Everyday indulgences, such as a morning latte or a takeout lunch, are a lot more expensive than bringing your own coffee or midday meal, but you may not have to give them up completely. Here’s one way to treat yourself without overspending: Decide how much you can afford to spend at your favorite coffee house or restaurant each month, then buy yourself a gift card for that amount from that establishment at the beginning of every month. Use it whenever you want something special, but don’t allow yourself any more splurges if the card runs out early. This way you’ll still be able to enjoy treats without busting your budget.

Drop Unused Channels 
Do you spend a lot of time watching TV or are you paying for premium channels that you never even use as part of your cable package? It may be smart to evaluate what you actually need when it comes to television service. The average household is expected to pay $200 per month for pay TV by 2020, according to the NPD Group. You could save yourself a nice amount each month by dropping any unused premium channels or other services you don’t actually need.

Reassess Your Ride 
When it comes to a car, is bigger always better? It cost $8,698 on average in 2015 to drive a typical sedan 15,000 miles in a year, according to the AAA, $9,372 for a minivan and $10,624 for an SUV with four-wheel-drive. Those numbers include average fuel, maintenance, tires, license and registration fees, taxes, depreciation and finance charges. If you’re wondering if that means that downsizing is best, check out an information resource like Edmunds.com’s True Cost to Own® site to help you determine what your likely annual costs will be for the makes and models that interest you.

Read more of this article and other Money Management columns on the TSCPA Website.

About Money Management
Money Management is a column on personal finance that is a joint effort of the AICPA and the Tennessee Society of CPAs, as part of the profession’s nationwide 360 Degrees of Financial Literacy program. Members of TSCPA are CPAs residing and practicing primarily in Tennessee in all areas of public accounting, education, government, business and industry. TSCPA offers a speakers bureau for many types of business and educational engagements. For details, visit www.tscpa.com. TSCPA is headquartered in Brentwood, Tenn.

Copyright 2016 The American Institute of Certified Public Accountants.

TSCPA Talks Podcast

Have you checked out the TSCPA's newest member resource, TSCPA Talks?  

TSCPA Talks features CPA smarts & CPA stories from members and leaders in the field. Click here to listen to the first two episodes and keep checking back for upcoming talks!  Stream it straight from our website, or add it to your RSS feed via SoundCloud. It is also available to stream or download on iTunes and Stitcher.

6 tips to master the first 90 days in an accounting job

This article originally appeared in CGMA Magazine, http://www.cgma.org/magazine/Pages/MagazineHome.aspx ©2016, American Institute for CPAS. Used by permission.

By Sabine Vollmer

Near-mastery of a new accounting job during the first 90 days is critical for new hires, survey data suggest.

More than half (54%) of the 2,200 US CFOs polled by financial recruitment firm Robert Half Finance & Accounting said newly hired accountants have less than three months to prove themselves in the new job.

“They’re not asking for perfection,” said Kathleen Downs, Robert Half senior vice president. “They want to see whether the new hire is a good fit.”

They want to see whether newly hired accountants, especially those at the beginning of their careers, are taking direction well, picking up the technology, asking good questions, taking notes, and having a positive attitude, Downs said. The onboarding process also usually includes managers taking the new hires to lunch about two weeks into starting on the job to find out how things are going.

Joseph Rugger, CPA, CGMA, director of finance and operations at Jonesboro Prosthetic & Orthotic Laboratory, a health-care provider in Jonesboro, Arkansas, said he usually gives new hires about six months to settle in at the new job. But there are a few things that new employees need to get right the first three months, he said.

Dependability is a must. So is an eagerness to get things done, which Rugger looks for in the body language and actions of new hires. He wants people to promise less than they deliver.

Rugger, who is a Millennial, also has a tip specific for new employees of his own generation. “Please don’t be on your cellphone every time I come by,” he said. “Millennials think they can do three and four things at the same time. You can’t be texting and working at the same time.”

What he’s mainly looking for the first three months is progress, he said. “I’m looking for you not to make the same mistake twice.”

Downs had six tips for new hires, particularly Millennials, to master the first 90 days:

1. Show up early. Arriving ahead of schedule allows for time to settle in and start on time.
2. Be a sponge and take it all in. Resist the urge to tout how things were done at your previous company. Learn how to do it your new firm’s way before suggesting changes.
3. Ask for help. Seek assistance if you need it, but write down how things work so you don’t have to ask the same question over and over again. Request a weekly check-in with your boss to get feedback on your progress and to discuss further training.
4. Observe the corporate culture. Avoid kicking off your tenure by requesting a change in schedule or extra time off – that should have been handled during the negotiation process.
5. Say “thank you.” Showing sincere gratitude goes a long way and will make co-workers more likely to want to lend a hand in the future.
6. Get to know your colleagues. Invite your colleagues to lunch or coffee to gain insights into their jobs and look for ways to assist them.

—Sabine Vollmer (svollmer@aicpa.org) is a CGMA Magazine senior editor.

AICPA Releases New Version of CPA Exam

On April 1, 2017, the AICPA will launch the next version of the Uniform CPA Examination (“Exam”), a four-section (AUD, BEC, FAR and REG), 16-hour assessment (four hours per section) that places a greater emphasis on testing a candidate’s higher-order cognitive skills such as critical thinking and analytical ability. Through multiple-choice questions and an increased use of task-based simulations (TBSs) in all sections of the Exam, as well as written responses in BEC, candidates will be presented with questions that test the knowledge and skills that a newly licensed CPA must possess.

To guide candidates along in their preparation, Exam blueprints will replace the current Content Specification Outline (CSO) and Skill Specification Outline (SSO). A blueprint for each Exam section will provide greater clarity in the presentation of content, skills and related representative tasks that may be tested on the Exam.

Developed through comprehensive research and the input of countless stakeholders committed to strengthening and preserving the profession, the next Exam remains current, relevant, reliable and legally defensible, and fulfills the needs of the boards of accountancy in carrying out their licensing responsibility.

Learn more about the next Exam by reading the Practice Analysis Final Report.

Discover Accounting Program at Lipscomb University

The Discover Accounting Program came to Nashville at Lipscomb University on Sept. 21. With more than 100 students in attendance from 10 different schools, it was the biggest event yet!

Jenneen Kaufman, CPA and CFO for the Tennessee Titans
presented on the different career options for accountants.

Dr. Perry Moore, CPA, kicked off the day with a fun icebreaker that got all the students up and moving. It was a great way to begin the day with lots of engagement.

Jenneen Kaufman, CFO for the Tennessee Titans, challenged the students’ preconceived stereotypes of accountants. As a woman in the NFL, she isn't your typical CPA. Working in the male-dominated world of sports, she not only follows the teams plays, but also manages their finances.

Accountants are also one of the most trusted professions out there. Jamie Hart, CPA, an auditor with LBMC, spoke about the importance of ethics in the profession and even had the students role-play as if they were CPAs having to testify in court over a business dispute.

Jamie Hart, CPA with LBMC talked about being an auditor.

"Has anyone ever testified under oath? Imagine putting your CPA license on the line. You’re an expert now with your CPA and believe it or not, juries and judges make decisions on what you say and you do because you’re a forensic CPA."

Students used Kindle Fires to discover what type of accounting best suited their personalities with an online quiz through the AICPA's Start Here Go Places website. With over 68 different job titles, each student was matched up to an accounting career that best suited them.

Knowing whether they were geared for a future in tax or audit, public or private practice, the students then were able to go around the room to talk with a host of different CPAs from different areas of practice. A big thanks to Brittany Boyer, Director of Financial Reporting at Surgery Partners; Kathryn Grant and Kevin Gentry with KraftCPAs PLLC; Jamie Hart with LBMC; and Jennifer Sturgeon, Controller at Frasier, Dean and Howard, PLLC.

Brittany Boyer, Director of Financial Reporting, Surgery Parnters	Kathryn Grant, Supervisor, Assurance Services, KraftCPAs PLLC	Kevin Gentry, Supervisor, Risk  Assurance & Advisory Services, KraftCPAs PLLC
Jennifer Sturgeon, Controller, Frasier, Dean and Howard, PLLC	 Jamie Hart, Auditor, LBMC

Karla Chavez, Lipscomb Recruiter

Karla Chavez, recruiter with Lipscomb University did a great job of explaining what students should focus on now, while still in high school, to help get them accepted to the college of their dreams. She also covered ways to save for college and tips on how to make college more affordable, like taking advantage of the Tennessee Promise program, where students can attend their first two years of college for free at community colleges. Her presentation was followed by a campus tour.

Hannah Simmons & Christopher Avrit, TSCPA Scholarship
Winners Lipscomb Accounting Majors

Lipscomb accounting majors, Christopher Avrit and Hannah Simmons shared their experiences as college students, what drew them to accounting and how they both won scholarships from the TSCPA. The students were full of questions about college life and what classes they should take in order to prepare for the CPA exam.

Leisa Gill, Director of Marketing, LBMC

Social media can be a wonderful tool, when used appropriately. Leisa Gill, Director of Marketing with LBMC, provided students with the do's and don'ts of social media. Many students aren't aware that their social media profiles are often reviewed by recruiters for jobs they are applying for. With a word to the wise, Gill shared some of the greatest social media blunders of all time, along with some great advise on how to build a social media presence that can actually help students achieve their goals.

With nine more events scheduled through Nov. 9, TSCPA is working to bring an interest in accounting to more than 1,000 high school students across Tennessee. Attendance is free for high school students and their teachers, but space is limited.

The upcoming dates and locations are as follows:

Carson-Newman University, Jefferson City: Oct. 2
Christian Brothers University, Memphis: Oct. 10
Lee University, Cleveland: Oct. 20
Tennessee Tech University, Cookeville: Oct. 23
King University, Bristol: Oct. 25
University of Tennessee at Martin: Nov. 7
Pellissippi State Community College, Knoxville: Nov.9

If you are interested in becoming involved or becoming a sponsor, please contact Aleshia Garrett at agarrett@tscpa.com, 615/377-3825 or discover more at tscpa.com/discoveraccounting.

These events were made possible by contributions from the following sponsors:

GOLD SPONSORSHIP

SILVER SPONSORSHIPS

Carr Rigs & Ingram

KraftCPAs, PLLC
Mauldin & Jenkins, LLC

BRONZE SPONSORSHIPS

CBIZ MHM
Dent K. Burke Associates, P.C.
Frasier, Dean & Howard, PLLC
HORNE LLP
Pugh CPAs
Regions Bank
Roderfer Moss & Co., PLLC
WSW CPAs

Discover Accounting Program at Carson-Newman University

On the road again, The Discover Accounting Program wound it's ways through the mountains of East Tennessee to Jefferson City for the Oct. 2 event at Carson-Newman University. Students from Morristown Hamblen West High School braved the rainy weather to share in the fun of learning about a future in accounting.

With eight more events scheduled through Nov. 9, TSCPA is working to bring an interest in accounting to more than 1,000 high school students across Tennessee. Attendance is free for high school students and their teachers, but space is limited.

The upcoming dates and locations are as follows:

Christian Brothers University, Memphis: Oct. 10
Lee University, Cleveland: Oct. 20
Tennessee Tech University, Cookeville: Oct. 23
King University, Bristol: Oct. 25
University of Tennessee at Martin: Nov. 7
Pellissippi State Community College, Knoxville: Nov.9

If you are interested in becoming involved or becoming a sponsor, please contact Aleshia Garrett at agarrett@tscpa.com, 615/377-3825 or discover more at tscpa.com/discoveraccounting.

These events were made possible by contributions from the following sponsors:

GOLD SPONSORSHIP

SILVER SPONSORSHIPS

Carr Rigs & Ingram

KraftCPAs, PLLC
Mauldin & Jenkins, LLC

BRONZE SPONSORSHIPS

CBIZ MHM
Dent K. Burke Associates, P.C.
Frasier, Dean & Howard, PLLC
HORNE LLP
Pugh CPAs
Regions Bank
Roderfer Moss & Co., PLLC
WSW CPAs

Discover Accounting Program Shattering Stereotypes for Tennessee High School Students

On Sept. 2, TSCPA launched the first of 10 Discover Accounting Programs to be held across the state this fall. The event was held at East Tennessee State University in Johnson City, Tenn., and drew more than 40 students from area high schools to learn more about a career in accounting.

Dr. Michelle Freeman
Professor of Accountancy at East Tennessee State University

Michelle Freeman, professor of accountancy at ETSU, kicked off the day challenging the students’ preconceived stereotypes of accountants. Freeman taught the students about the different types of accountants and the many career paths available to those pursuing a degree in accounting and passing the CPA exam.

“Because accounting is the language of business, it’s one of the most adaptable business degrees you can obtain. With an accounting degree, you can really go into any type of business and understand exactly how that company works, judge how successful it is and project where it’s future will be based on different options,” Freeman said.

Kevin Peters, CPA
Partner at Blackburn, Childers, & Stegall, PLC

Accountants are also one of the most trusted professions out there. Kevin Peters, CPA, a partner with Blackburn, Childers & Stegall, PLC, shared stories of his experiences as an auditor.

“There have been times when I’ve been doing an audit and discovered someone in the company was stealing. They may be the nicest person in the world but with enough situational pressures and an open opportunity, many people falter,” Peters said. “As an accountant, people don’t think about us having people skills, but it’s one of the skills we use most often. We don’t just work with numbers, we’re working with people.”

Jonathan Bailey, MAcc, CGMA, CPA
Tax Manager at General Shale

Jonathan Bailey, MAcc, CGMA, CPA, Tax Manager with General Shale, and Jamie Ketron, CGMA, CPA, Auditor with Cherry Bekaert, teamed up to talk about the differences in their jobs, what helped them decide to go into accounting and why they love what they do. Travel and working at remote locations was a big part of what fuels their passion for accounting, but they also love working with people and providing help and insight into the often complicated government regulations.

Jamie Ketron, CGMA, CPA
Auditor at Cherry Bekaert

“It was also a very secure career choice that pays very well,” said Ketron. “When you graduate with an accounting degree, there is no lack of job opportunities. And if you get your CPA certification, the options are limitless.”

However, Chad Kisner, CISA, CITP, CPA, a partner with Blackburn, Childers & Steagall, PLC, cautioned students about what they post on social media. “Recruiters will look at your social media profiles,” he warned. “If it’s something you wouldn’t want your parents to see, don’t do it.”

Social media can help or hurt a student’s future career plans, and this is a critical lesson that high school students need to understand sooner rather than later.

Dr. Mark Steadman, ETSU professor of accounting, did a fantastic job of helping the students understand the perils of financial debt as a student and smart ways to avoid it.

Chad Kisner, CISA, CITP, CPA
Partner at Backburn, Childers & Steagall, PLC

The event wrapped up with Ben Daugherty, one of the college recruiters, and Alyssa Reed, an ETSU accounting student, helping the students to better understand how to prepare for college, how to choose the right school and ways to apply for scholarships.

Students attending said they learned more about accounting as a career option and more about going to and applying for college. One student said, “It gave great insight and showed that the stereotypes aren’t the case.”

With nine more events scheduled through Nov. 9, TSCPA is working to bring an interest in accounting to more than 1,000 high school students across Tennessee. Attendance is free for high school students and their teachers, but space is limited.


The upcoming dates and locations are as follows:
Lipscomb University, Nashville: Sept. 21
Carson-Newman University, Jefferson City: Oct. 2
Christian Brothers University, Memphis: Oct. 10
Lee University, Cleveland: Oct. 20
Tennessee Tech University, Cookeville: Oct. 23
King University, Bristol: Oct. 25
University of Tennessee at Martin: Nov. 7
Pellissippi State Community College, Knoxville: Nov.9

If you are interested in becoming involved or becoming a sponsor, please contact Aleshia Garrett at agarrett@tscpa.com, 615/377-3825 or discover more at tscpa.com/discoveraccounting.

These events were made possible by contributions from the following sponsors:

GOLD SPONSORSHIP

SILVER SPONSORSHIPS

Carr Rigs & Ingram

KraftCPAs, PLLC
Mauldin & Jenkins, LLC

BRONZE SPONSORSHIPS

CBIZ MHM
Dent K. Burke Associates, P.C.
Frasier, Dean & Howard, PLLC
HORNE LLP
Pugh CPAs
Regions Bank
Roderfer Moss & Co., PLLC
WSW CPAs

Meet a Young CPA

Meet TSCPA Member Clay Crockett!

Job: Supervisor - Tax
Company: HORNE LLP
City: Jackson, Tenn.

How and why did you become involved with TSCPA?
I became a TSCPA member as soon as I started my first job in public accounting. I quickly realized how valuable a resource membership is. Specifically, I find great value in the CPE offered by the Society, the publications that keep us aware of current issues and the advocacy the Society takes on for the profession.

What is the one piece of advice you would give to other young CPAs and/or those that are just passing the exam, getting ready to embark in their career?
My advice is to find your passion. I'm so fortunate to have found mine. Doing what you enjoy makes your time at work so fulfilling. Also, for anyone who hasn't passed the exam, my advice is to do so as soon as possible. It takes true dedication to pass the exam, but the rewards of passing are great.

What is your secret to surviving busy season?
I'm most productive early in the morning. I like to get to the office early and get things accomplished before the phone starts ringing. I make it a priority to spend quality time with my family in the evening. Also, a walk at lunch really helps to clear my mind.

What motivates you?
I'm motivated by my work. I take great pleasure knowing my team and I have done exceptional work for our clients. Also, I treat every day as a "school day." Learning something new keeps things fresh and interesting.

How do you unwind outside of work?
I most enjoy spending time with my wife, Brittany, and 3-year-old daughter, Hannah. We all love to go camping, which allows us quality time together and a time to make lasting memories. I also enjoy woodworking and any other hands-on project.

Meet a Young CPA

Meet TSCPA Member Erin Lotz!

Job: Financial Analyst II
Company: ServiceMaster
City: Memphis, Tenn.

Why did you become a CPA?
The accounting professors at the University of Mississippi helped me realize early on the importance of earning the CPA designation in order to set your career apart from your peers, demonstrate your commitment to the profession and for continuous professional development. I am so happy I took their advice to pursue a CPA license, as it has opened many doors in my career and has provided the educational foundation and experiences that allow me to bring value to a variety of organizations.

What is the one piece of advice you would give to other young CPAs and/or those that are just passing the exam, getting ready to embark on their career?
Take ownership of your career and persistently challenge yourself and your team to improve performance. Prioritize projects. A simple "to do" list is an important first step. Complete high priority projects early in the day during your peak of energy.

What is on your desk right now?
My morning Diet Coke, daily "to-do" list and the latest issue of the Tennessee CPA Journal..

What/Who motivates you?
My fiancé, family and future family, and passion for helping others is what drives me every day.

How do you unwind outside of work?
Dates with my fiancé, exercise and weekend road trips.

Ask an Expert

Q: Right now, I’m struggling with what to do so far as additional certifications go. I’ve got the CPA down, but I’m still in the school/study mindset and want to take advantage of my free time. The only problem is that I don’t know what to look at (e.g. CMA, CIA, CFE, etc.) since I’ve only just started my career and don’t know where I want to end up. I don’t have the money for MBA/MAc at the moment, but it’s also on the to-do list. Where should I start?

A: First off, congratulations on passing your CPA exam so quickly. This is a great accomplishment that will prove to be beneficial for you. When a company/firm is looking to hire someone with a certification, 98 percent of the time that are requesting a CPA.  

As far as other credentials go, I suggest that you assess what direction you want to take your career, and consider specialty designations based on the direction you choose. For example, if you want to pursue Internal Audit or Forensics then you might consider sitting for the CIA or CFE. However, if you aren’t heading in that direction, I wouldn’t waste your time or money. Forensics is something that a lot of people like the sound of, but the opportunities to do that work are fewer (specialized field) than traditional accounting/audit. You will need to network with forensic professionals already doing the work to get an opportunity in that field.

In regards to the CMA, unless you are in a heavy manufacturing/cost environment there is no need for a CMA. In my past experience with working with manufacturing clients looking for cost experience, the majority of the hiring managers still desire a CPA over a CMA.   

When considering going back to school, I would make sure you have a plan before you spend the money for another degree. The majority of individuals that get their MAcc do so to get the required 150 hours, myself included. If I were in your shoes and choosing a graduate degree, I would choose an MBA with the caveat that I would only go back to MBA school if your desire is to be outside a traditional accounting/auditing profession. If you have an interest in the finance side of the world that is where an MBA can become more valuable.

My advice to you would be now that your CPA is under your belt, work the long hours to start establishing a career over the next three-four years and then reassess what you want to do, and keep in mind that your career aspirations can change over time.

About the Expert: Kyle Allen, CPA, is a partner at Vaco Resources in Brentwood, Tenn. He can be reached at
kallen@vaco.com.

Do you have a question that you haven’t found the answer to as it relates to your career? No need to look further for the answer! Submit your question via email to Katie Cheek at kcheek@tscpa.com, and we will ask an expert.