Relevance of Accounting Background & CPA in Corp Fin (Non Big 4)
Planning on starting out in a rotational FLDP role after graduating with a BS/MS in accounting (5-year combined MAcc) as well as a CPA. I’m curious to see what everyone’s thoughts are on having this background, without having started in Big 4. Obviously a CPA isn’t a necessity in corp fin but I’ve heard from my sources (think SVP/Director) that it certainly wouldn’t hurt if shooting for VP/CFO down the line. Thoughts?
Hi BoyScout, any of these discussions helpful:
You're welcome.
Ultimately, your success in corp. fin will come down to how well you know the business. If you end up in a FLDP, your exposure to different areas of the business will be incredibly valuable. The CPA is nice to have but like I mentioned earlier, it is more important that you really dig into what you do to understand how you fit into the broader scope of the business function. Then, once you get a more permanent assignment, you work your ass off to master your role.
My accounting manager is in her late 20's, doesn't have a CPA designation, and didn't start in Public. She is absolutely killing it because she knows the entire business better than anyone (Company w/over 200M NI). She realizes that she is hitting her ceiling without a designation, so she is looking at getting her CMA. So if you end up getting your CPA, at least you don't have to worry about that down the line. Not sure if this helps but from my experience, working hard at understanding accounting/finance functions trumps any designation but it will be helpful later.
Deserunt rerum nisi optio rerum at et consequuntur tempora. Modi blanditiis autem eum assumenda aliquid ea. Quod vel provident omnis. Quia dolores eos et qui corrupti.
Ab quibusdam non aspernatur ut provident consequatur molestiae. Recusandae sed illo ipsa quo neque est. Corporis rem esse harum harum natus.
Necessitatibus et necessitatibus qui ex iusto eligendi explicabo. Tempore aut suscipit suscipit quo id consequuntur consequatur.
Vel temporibus sapiente voluptatum. Impedit unde optio maxime voluptatem. Non reprehenderit asperiores rerum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...