Advice for a Successful Career in the Accounting ProfessionHow to Make Your Assets Greatly Exceed Your Liabilities
<b>Practical guidance to optimize the benefits of your accounting degree—no matter what stage of your career!</b> <p>Originally conceived and designed to provide helpful advice to college and university accounting majors and early-career professionals, this book evolved into a valuable resource for those groups as well as others who may be further along in their accounting careers. <p>It contains many practical examples and real-life experiences from a long and successful career in the profession that you won't find in any accounting, auditing, or tax textbook. And it is written in a fun and engaging style with a simple goal in mind: to share lessons learned and insights that will help accountants of all ages optimize their career opportunities! <p>Jerry Maginnis, CPA, the former Office Managing Partner for the Philadelphia office of KPMG, one of the "Big Four" Accounting Firms, currently serves as the "Accounting Executive in Residence" at Rowan University in Southern New Jersey. In this role, he has counseled and mentored dozens of students and early career professionals. The book leverages Jerry's real-world experience and his advice and counsel is delivered in a fashion that will make you feel like you are having a one on one conversation with him! Readers will also enjoy: <ul> <li>Advice delivered concisely: each chapter is succinct and provides essential takeaways and action plans for all points in a career</li> <li>A guidebook that is efficiently organized into three sections—for college and university students, for early-career professionals, for accountants of all ages and experience levels—allowing the reader to focus on the sections that are most applicable to them</li> <li>An excellent refresher or reminder of concepts or principles that are important to even the most successful and experienced accountants</li> </ul> <p>Loaded with "real world" tips and techniques, Advice for a Successful Career in the Accounting Profession is an ideal resource for accountants and auditors, tax and advisory professionals, and University professors and high school instructors teaching Accounting, undeclared business majors, underrepresented populations, and students aspiring to become CPAs.
<p>Introduction viii</p> <p>Why I Wrote This Book (And How to Get the Most Out of It) x</p> <p><b>Section One—Navigating Your Route to a Rewarding Accounting Career</b></p> <p>Chapter 1—Why Accounting Is a Great Profession 3</p> <p>Chapter 2—Is Becoming a CPA the Right Path for You? 9</p> <p>Chapter 3—How Accounting Majors Can Optimize the College Experience 19</p> <p>Chapter 4—Career Paths 29</p> <p>Chapter 5—What About Work–Life Balance? 41</p> <p>Chapter 6—The Profession’s Diversity, Equity and Inclusion Journey 51</p> <p><b>Section Two—Growing in Your Early Career Years by Mastering Important Fundamentals</b></p> <p>Chapter 7—Core Values Every Accountant Should Embrace 61</p> <p>Chapter 8—Developing and Enhancing Your Technical Skills 67</p> <p>Chapter 9—Working Effectively with Others 75</p> <p>Chapter 10—Developing Your Communication Skills 81</p> <p>Chapter 11—Blocking and Tackling: The Importance of Being Organized and Nailing Both Big and Small Tasks 87</p> <p>Chapter 12—Have a Value-Creation Mindset 93</p> <p>Chapter 13—Embrace Change—Technology Is Your Friend! 99</p> <p>Chapter 14—Relationships, Relationships, Relationships 105</p> <p>Chapter 15—Character Traits that Can Help You Succeed 111</p> <p><b>Section Three—Building on Your Success as Your Career Advances</b></p> <p>Chapter 16—How to Avoid Burnout 121</p> <p>Chapter 17—Career Transitions: How to Make Good Decisions 127</p> <p>Chapter 18—The Importance of Giving Back 135</p> <p>Afterword 141</p> <p>Acknowledgments 146</p> <p>About the Author 148</p> <p>About the Website 151</p> <p>Index 153</p>
<P><B>JERRY MAGINNIS, CPA,</B> former KPMG Philadelphia Office Managing Partner, is an Executive in Residence supporting the Accounting Program at Rowan University where he helps prepare students for their transition from academia into the workforce. He also serves as a member of the board of directors of several public companies and nonprofit organizations and a consultant on accounting and auditing matters.</P>
<p><b>Accounting can be one of the most interesting and rewarding career paths.</B> Every business or organization, from Fortune 500 companies in any industry to venture capital backed start-ups, family businesses, and nonprofit organizations, needs the help and expertise of accountants. And in <i>Advice for a Successful Career in the Accounting Profession: How to Make Your Assets Greatly Exceed Your Liabilities</i> former KPMG Philadelphia Office Managing Partner, Jerry Maginnis, CPA, delivers invaluable guidance and wisdom for anyone considering—or already pursuing—opportunities in the field of accounting.</P> <P>Originally conceived and designed to provide helpful advice to college and university accounting majors and early-career professionals, this book evolved into a valuable resource for those groups as well as others who may be further along in their accounting careers. <P>It contains many practical examples and real-life experiences from a long and successful career in the profession that you won’t find in any accounting, auditing, or tax textbook. And it is written in a fun and engaging style with a simple goal in mind: to share lessons learned and insights that will help accountants of all ages optimize their career opportunities! <P>Loaded with “real world” tips and techniques, the book concludes with a list of 50 questions that challenge the reader to consider how they can best achieve their potential. <P><I>Advice for a Successful Career in the Accounting Profession: How to Make Your Assets Greatly Exceed Your Liabilities</I> is an indispensable resource for practicing accountants and auditors, tax and advisory professionals, accounting students and educators, and anyone else considering an accounting career, including high school students.
<p><b>Praise for <i>Advice for a Successful Career in the Accounting Profession</i></b></p> <p>"<i>Advice for a Successful Career in the Accounting Profession</i> is the ultimate survival guide for those pursuing a career in accounting. This book is an incredible resource for the college and university students majoring in accounting as well as individuals in the early years of their career. It is loaded with tips, techniques, and best practices to put you on the right track to achieve a successful career in the accounting profession."<br /><b><i>—</i>Bill Sikora,</b> Rowan University, BS in Accounting, May 2020</p> <p>"I can think of no one better than Jerry Maginnis to write an educational and motivational book like this one. Since we first met, it’s been clear to me that he has set the standard for success in the accounting profession and, more important, for an unceasing dedication to encouraging and mentoring young people to follow in his footsteps. This practical and fun-to-read book is a gift to aspiring accounting students and, especially, to people who choose to enter the accounting profession. It should be a must-read for all of them."<br /><i><b>—</b></i><b>Jack Brennan,</b> Chairman Emeritus, Vanguard; former Chairman, the Financial Accounting Foundation</p> <p>"This book is ideal for aspiring and early-career accounting professionals and their advisors, supervisors, and mentors. Jerry has done a terrific job of organizing and highlighting key practical points and essential advice for success. I am confident that this book will help provide access and opportunity to many students and early-career professionals who will lead the accounting profession in the future."<br /><i><b>—</b></i><b>Jeanette Franzel,</b> CPA, Board Member and Executive Advisor</p> <p>"Jerry Maginnis has a wealth of experience and his willingness and commitment to create this book to share the benefits of that experience is impressive. I recommend it for anyone considering a career in accounting as well as current public and private accountants of all ages. This smartly laid out book is not only a good read but can also serve as a handy reference tool for accounting students and professionals. It’s a must have for any accountant’s bookshelf!"<br /><i><b>—John Nickolas,</b> Chief Financial Officer, Philadelphia Phillies</i></p>
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