Summary of Internships & Interview Techniques

Summary of Key Ideas and Concepts

Speaker: Roger Philipp, Roger CPA Review

Main Ideas:

• Career Opportunities and Networking:
  • Importance of gaining exposure in the accounting profession.
  • Active involvement in campus organizations (e.g., accounting clubs) can lead to job offers.
  • Building relationships with instructors and professionals in the field can provide valuable recommendations.
• Interview Preparation:
  • Dress professionally and make a strong first impression (e.g., firm handshake, eye contact).
  • Set clear goals for networking and interviews (short-term and long-term).
  • Engage in effective networking by attending events and actively participating.
• Effective Resume Writing:
  • Keep resumes concise (preferably one page) and focused on relevant experiences.
  • Use action verbs to describe accomplishments and skills.
  • Highlight unique qualities that differentiate you from other candidates.
• Types of Interviews:
  • Understand the different interview formats: on-campus, phone, and office visits.
  • Prepare for behavioral questions that assess problem-solving and interpersonal skills.
  • Always follow up with a thank-you letter post-interview.
• Understanding Career Paths in Accounting:
  • Explore various accounting career options: public accounting, private accounting, and governmental accounting.
  • Each path offers different experiences and opportunities for growth.
• CPA Exam Overview:
  • The CPA Exam consists of four parts: Auditing, Financial Accounting (FAR), Regulation (REG), and Business Environment and Concepts (BEC).
  • Importance of passing the CPA Exam early in your career to advance professionally.
  • Study strategies include using comprehensive review courses and practice exams.

Methodology and Instructions:

• Networking Strategies:
  • Get involved in campus organizations and take on leadership roles.
  • Attend networking events and engage with professionals.
  • Cultivate relationships with instructors for potential recommendations.
• Resume Tips:
  • Use a clear format with sections for contact information, objective, education, experience, and skills.
  • Focus on accomplishments using action verbs (e.g., developed, managed, implemented).
  • Include relevant extracurricular activities and interests.
• Interview Preparation:
  • Dress in professional attire (dark suit, conservative look).
  • Prepare for common interview questions and practice responses.
  • Research the company and prepare questions to ask the interviewer.
• Post-Interview Actions:
  • Send a handwritten thank-you note to each interviewer.
  • Consider a follow-up email expressing gratitude and reiterating interest in the position.
• CPA Exam Preparation:
  • Develop a study schedule that allows for comprehensive review and practice.
  • Utilize review courses that offer structured learning and access to practice questions.
  • Take advantage of study aids and mnemonics for difficult topics.

Speakers/Sources Featured:

• Roger Philipp, Roger CPA Review

This summary encapsulates the essential points and methodologies presented by Roger Philipp regarding internships, interview techniques, and the CPA Exam, aimed at guiding students and aspiring accountants in their career development.

Notable Quotes

— 11:28 — « In our opinion the statements referred to above presents fairly in all material respects to the financial position of X Co. as of 12/31/x1. »

— 16:40 — « A resume is a picture of your past and present accomplishments. »

— 16:43 — « You want to show your uniqueness. »

— 26:01 — « What you talk about is not as important as the rapport. »

— 56:17 — « If you study, you will pass. »

Category

Educational

Video