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This guest blog features the advice of Stephanie Ng, CPA. She is an experienced public accountant and published author of the book How to Pass the CPA Exam. Full bio below.
As an accounting and finance professional, you’re tracking a lot of things at once. It’s easy for lines to blur, but when it comes to your budget vs forecast, you don’t want to get mixed up. Learn the difference between each vital business tool. Summary A budget plans the organization's finances and resource allocation, while a forecast predicts future financial conditions and is consistently measured against the budget to refine business operations.
The National Association of Black Accountants, or NABA, Inc., is a not-for-profit accounting organization that aims to serve and represent Black accountants and CPAs and help Black professionals reach their career goals. Whether you’re a seasoned professional or an aspiring accountant, NABA connects you with people and resources that help you grow. But more than just, “What is NABA?”, what does NABA stand for as an organization and how can you get involved?
Accounting technology has raced beyond the general ledger module inside an ERP to encompass a multidimensional stack that spans cloud data platforms, robotic process automation (RPA), artificial intelligence (AI), permissioned blockchains, cybersecurity tooling, and specialized audit-documentation standards.
Beginning your accounting career is exciting and perhaps even a bit intimidating: you want to start in a role that you can perform well with your current skillsets, but that gives you room to learn and grow, with people and a company that match your working style and values. While it’s important to remember that your starting role is just that—your beginning—it’s also worth looking carefully to find a position that makes you excited about growing in the profession. Learning more about accounting entry-level jobs and how you can find the best one for you.
Knowing how to interview is crucial in today’s job market. Whether you’re a new graduate or an experienced professional, understanding how to prepare for an accounting job interview can help you build an effective strategy to stand out from the competition. Every company and interview are unique and should be approached as such, but you can plan around the key components that most interviews share.
For those considering a career in accounting, there’s great news regarding job availability and earning potential. Accountants are generally in high demand and can earn fantastic pay checks.
If you’re an aspiring CPA, finding a mentor can bring you much-needed support on your journey toward licensure. Learn about the benefits of being in a mentorship relationship, how to find the right CPA mentor for you, and how to maintain the relationship for the growth of everyone involved.
When most accountants think about career growth, the question usually sounds like this: Should I go after the CPA or the CMA?But here’s the real secret—sometimes the smartest move isn’t choosing one at all. It’s stacking both credentials.