Friday, March 6, 2009

Accounting and Snow Sports

I attended an accounting event last night where CPA firms have tables set up for students to introduce themselves, ask questions, and network. A representative from Singer Lewak put something in a different perspective for me when I claimed to be undecided between tax and audit. She said that tax has a shorter achievement curve compared to audit, meaning you'd feel a sense of accomplishment sooner compared to audit. It makes sense. You can work in audit for 3 years and have only done pieces of reports; but, in tax, you can finish full returns in a year. On the other side, once you know tax, that's it. In audit, you learn new things for years; it has variety. That's where I got the analogy between accounting and snow sports.

Tax is like snowboarding, and audit is like skiing. Tax/Snowboarding is frustrating to learn at first, but then it all clicks and you master it in 5 years. Audit/Skiing is a gradual process, you learn one technique, and then another that builds from the one before. It's an ongoing progression that can span a lifetime.

The question is, am I skier? Or a snowboarder?

3 comments:

Anonymous said...

They need stuff like this for Psychology Students

Cressida said...

So Mr Psychology, can you assess which am I?

Anonymous said...

You can't master tax in 5 years.