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Old 15-04-08   #1
Joy
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Default Is better to enroll in the CPA now or work for at least a year in accounting and then go for it?

I’ve completed a Bachelor degree in International Business and then pursued a master degree in Accounting from an Australian university, still got one semester to go. Besides, I am thinking of enrolling in the CPA Australia program but still a bit confused, because some advised me to start working in accounting for at least a year and then go after the CPA while others recommended that I start now. What do you think? (Just to mention that I haven’t got any previous accounting experience). Moreover, the CPA program is made-up of 6 segments of which 3 are compulsory and 3 could be selected out of the 9 elective segments as listed below: Compulsory segments•Reporting and Professional Practice •Corporate Governance and Accountability •Business Strategy and Leadership Elective segments•Assurance Services and Auditing •Financial Accounting •Financial Reporting and Disclosure •Financial Risk Management •Insolvency and Reconstruction •Knowledge Management •Personal Financial Planning and Superannuation •Strategic Management Accounting •Taxation Please if anyone could recommend, according to his/her own knowledge and experience, three subjects out of these 9 electives that you find appealing and rewarding for the present market?Really appreciate your helpThanks
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Old 15-04-08   #2
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Default Is better to enroll in the CPA now or work for at least a year in accounting and then go for it?

I do not know the OZ requirements but I know in the states one has to have 150 semester hours (5 years) worth of formal education and 2000- 2400 hours of certain job experience (in the Accounting field) to even sit for the exam. Find out what the requirements are in your area.
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Old 15-04-08   #3
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Default Is better to enroll in the CPA now or work for at least a year in accounting and then go for it?

Go for the experience of working for a year. Many find that they become overqualified for job, but under experienced, so they have more difficulty getting jobs. I know a number of accountants who had to take their CPA a number of times before passing.In the end it only matters when you are trying to move up. Nothing sticks out more to an employer than amount of experience.
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Old 15-04-08   #4
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Default Is better to enroll in the CPA now or work for at least a year in accounting and then go for it?

Another perspective - a co-worker of mine began taking the CPA exams right after graduation. She passed all parts the first time. Now she doesn't have to worry about trying to fit in study time while working long hours at her new accounting job. Smart move in my opinion.
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Old 19-12-11   #5
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You have done your education well, & now try for CPA.Someone advice you to start a job as a accountant.This one is a good experience for you.You can also work as a Bookkeeper. A professional bookkeeper can solve all issues regarding accounts.Now days a lot of organization that is offering Online Bookkeeping Services, so you can try for your own online bookkeeping service.
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