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|  Last updated on November 20th, 2011 by Narcisse Dansou |  Filed under: Accounting Topics | Most people interested in a career in public accounting have heard about the Big 4 firms, the National firms, and the Super Regional firms. In the public accounting industry and in most other industries, the notoriety of a company is more often than not a function of its size. Therefore, the largest accounting firms tend to command a great deal of attention not only within the accounting profession but also within the world of academia. However, the world of public accounting goes beyond the largest accounting firms. There are many boutique style accounting firms that get little to no publicity but that provide their services to clients with very particular characteristics. To be more specific, I am referring to the group of accounting firms that almost exclusively assist non U.S. middle-market companies with their foreign direct investments in the USA.
Continue reading A Group of Accounting Firms That Deserves More Publicity
|  Last updated on July 3rd, 2011 by Narcisse Dansou |  Filed under: Careers in Accounting | A couple of weeks ago, I attended my very first accounting career fair in a very long time. I had every intent to make the most out of the event. While I was very well aware of some of the customary things that I needed to do in order to make a good impression on recruiters, I kept looking for some out of the box tips for effectively working a career fair. As such, I turned to Google Search to see if I could find a single tip that appeared to have the potential to help me stand out from other job seekers. As I kept digging through the search results, it came to my attention that using a 30 second job search elevator pitch when first meeting with recruiters is an excellent attention getter. Although I don’t like the idea of speaking from a script, I nevertheless went
Continue reading An Anecdotal Career Fair Experience
|  Last updated on December 3rd, 2011 by Narcisse Dansou |  Filed under: Careers in Accounting, Words to the Wise | In my opinion, the various effects of most of the global trends unfolding before our eyes will be fully materialized in about 20-25 years. By that time, most members of Generation Y will be in the thick of their professional lives. I thought appropriate to speculate on how some of those global trends will affect the professional lives of the members of Generation Y. In doing so, I am going to focus primarily on two of those global trends: the world’s growing middle class and the increased life expectancy of the world’s population.
Continue reading Two Global Trends That Generation Y Can’t Afford to Overlook
|  Last updated on March 31st, 2012 by Narcisse Dansou |  Filed under: Master of Accounting, Words to the Wise | If you are planning on enrolling into a Master of Accounting (MAcc) program this coming fall or at any time in the foreseeable future, then you ought to already know that you will most likely have to submit a Graduate Management Admission Test (GMAT) score as part of your application for admission to a MAcc program. Depending on the quality, prestige, or rigor of the MAcc program you are considering applying to, you might have to obtain a GMAT score that is above a certain threshold to ensure that your application for admission receives the highest level of consideration from a given admission committee. While your GMAT score is only one of several factors that usually determine the fate of your MAcc application, there are a variety of MAcc programs that award graduate assistantship appointments based solely on a GMAT score but provided that the applicant meets all other
Continue reading A Good GMAT Score Warrants a Rigorous and Focused Review Program
|  Last updated on July 3rd, 2011 by Narcisse Dansou |  Filed under: Careers in Accounting | There have been a string of notable merger and acquisition deals involving a number of regional accounting firms since 2009. You know what they say, if you can’t grow organically fast enough, find yourself a merger or an acquisition candidate. In a chronological order sort of, here are some of the M&A deals within the public accounting industry that have caught my eye: Year 2009: -Baker Tilly Virchow Krause, LLP (Chicago, IL) acquires Beers + Cutler (Vienna, VA): prior to the tie up, Baker Tilly Virchow Krause, LLP was ranked the 17th accounting firm with $215M in annual revenues whereas Beers + Cutler was ranked 42nd with annual turnover of $60M. As of 2010, the combined firms are ranked 13th with annual revenues of $250M. This acquisition enables Baker Tilly Virchow Krause, LLP, a public accounting firm that primarily did business in the Midwest,
Continue reading Mergers and Acquisitions Fever Takes Hold of Regional Accounting Firms
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