North American Accounting and Accounting

Accounting is a popular specialty in North America because of the relatively mature economies of the United States and Canada, requiring a large number of qualified accounting professionals to support business development. As North American accountants are required to pass the exam before they can practice, so the North American accounting is "monopoly practice", and therefore the accountant's salary is higher than average. It is because of the fierce competition, the North American name B-School every year received a large number of cattle people apply.
Accounting professional similar to Law and Finance are part of the commercialization of the professional, so enrollment with a special: 1, the number of enrollment; 2, less scholarship; 3, work experience has a certain role in the admission.

Accounting professional different types of programs and two professional comparison:
Students who are prepared to study abroad can choose MBA, MAcc degree program. MBA-Accounting generally requires years of relevant work experience, and only accept GMAT results. And MAcc, Accounting research and learning than MBA-Accounting more professional and in-depth, and generally not designed to the management of the content. PhD in Accounting is more emphasis on theoretical research, the general study of this type of Program students will find that the more backward, the more the need for mathematical theoretical knowledge. Apply for this kind of professional without work experience. The following MBA-Accounting and MAcc, PhD professional application separately elaborated:
MBA-Accounting
MBA in the accounting profession is for MBA students a special direction of choice, enrollment and scholarship requirements and MBA applications are the same. Learning content is mainly biased in favor of management and practical face to face, do not pay attention to theory. As the MBA application is a big topic, there is not much to explain here, the end of this research report with some MBA application.
PhD-Accounting
This is a B-School PhD in a research direction, B-School enrollment PhD are less, for example, there are posts on the Gter said UCLA 2005 only recruit two Chinese Accounting students. But B-School PhD is rich, scholarships are very good to take, but the competition is fierce, there is no GMAT 700 + TOEFL 620 +, GPA 3.5 + apply TOP50 full prize, the game. In addition part of the B-School PhD is to accept the GRE results. And the applicant does not necessarily need to have Accounting background, but the mathematical background is sure to have. For the two professional instructions, please look at the MAcc inside the introduction.
Master of Accounting (MAcc)
Overview:
MAcc is the abbreviation of accounting master, is to become determined to become accounting professionals in the study of professional. MAcc is more professional than MBA-Accounting, and the academic content is more biased towards theory and practice. MAcc courses are generally certified by the US Certified Public Accountant (CPA), MAcc's graduation or students can apply directly to CPA. MAcc course length is generally 1-2 years. The principle of enrollment and MBA is not the same. The following describes the MAcc inside the three main learning direction:
Financial Accounting
Financial accounting is a science for enterprises to publish accounting data. The contents of the study include the preparation and analysis of the listed foreign financial statements. At the same time will be related to the aspects of corporate finance and taxation, the other is the application of accounting science in finance; for example, basic analysis, assessment of assets and liabilities, cash flow analysis. This kind of talent graduation employment direction is mostly listed companies, investment analysis companies, investment banks and so on. Way out is relatively rich. A line of practitioners generally have CFA, CPA certification.
Management Accounting
Management accounting is used for internal management of ancillary data, management accounting reports are generally not announced, but for the management of the company used to make information. Management of accounting learning on the basis of more rigorous study of mathematics, learning content related to the management of science, management decisions more. Management accounting direction talent, graduate employment direction is the majority of large enterprise decision-making or accounting departments, such as CFO, Treasurer. Management accounting practitioners generally have CMA-certified management accountants.
Auditing
Auditing is used to check the financial statements of the last company, or to review the application of corporate debt. Auditing is very popular in the United States because the listed companies invest a lot of money each year to audit their financial situation over the past year, while government departments will also use Auditing talent to monitor investment companies, banks, and other financial institutions Risk ratio. Auditing students must be very careful and serious, generally Auditing practitioners have CPA certification qualifications.
About the "Big Four"
"Big Four" means Puhua (http://www.pwcglobal.com/gx/eng/main/home/index.html), Ernst & Young (www.ey.com/), Deloitte (http: // www. Deloitte.com), KPMG (www.kpmg.com.cn/).
For the graduates of MAcc, they will have a lot of opportunities to enter the "Big Four" job. On the other hand, the "four" is the industry leader, so MAcc applicants know how to use the "four" working model to pack their own managers, then their work experience that can get high marks.
In recent years, the form of admission and changes in the introduction:
MAcc is similar to LLM, MBA and other commercial, so the admission space and the number of scholarships will not be greatly changed. On the other hand, Western university education, is the "cross-disciplinary" development. So there will be more and more combined with other professional and disciplinary rise, for example, Accounting and MIS combined MBA / MSc Program, Accounting / Taxes and LLM combination, and finally the combination of Accounting and Finance. This type of program due to relatively new, not many people know, the applicant is also less, and the school in order to promote this type of Program may be appropriate lower threshold.
Accounting Professional Application Typical Admission Features:
Accounting professional admissions do not necessarily tend to recruit students with relevant backgrounds. For example, the University of Texas-Austin (McCombs), enrollment MPA (= MAcc) students average working age of 4-5 years. 40% of the students come to the profession. But 11% of the students have come to the background of engineering and science and technology. The general science and engineering students will not apply for Accounting professional class program, but in this small part of the number of people among the admission, actually accounted for 11%, we can see that the school MPA professional is relatively large Engineering background of the students, and this is also our admission to the MBA study is consistent, because in recent years, the school's MBA is indeed the students of the background of science and technology particularly favored. In addition, if the applicant has obtained some internationally recognized accounting qualification certification, the admission is a certain help, Gter has an example. An applicant who has been admitted to the Canadian CGA, on the basis of mediocre results, took UC-Berkeley's full prize PhD admission. For Chinese applicants, it is not possible to obtain CPA from the United States, but Canada's CGA can be tested in China, so we can advise our customers to do this admission.



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