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Breaking into accounting at age 50-need career advice

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coldcash57



Joined: 27 Jun 2008
Posts: 3

Posted: Fri Jun 27, 2008 7:58 pm    Post subject: Breaking into accounting at age 50-need career advice  

HI, I am currently school for accounting. I am in a rural area of West Virginia, and though I took my first two years at a local college, I am finishing up online with Liberty University.

I am uncertain where to take this next. Still taking classes online, I presently am working construction as an electrician. Average income is around $50-$60K per year. I don't want to take a big cut in pay when I transition from one career to another, but I am not sure if that will be avoidable.

The other thing I am wondering about is maximizing my next few years. I am cash flowing school, paying as I go. I don't know if it would be better to finish my education before I try to seek employment, or try to seek employment while attending school to get experience ( I do have my associate's in accountng). At the present rate I am going, I have been able to take about 27 credit hours per year, and still have around 40 hours to go for my bachelors, and 30 beyond that to sit for my CPA.

Being from a rural area, opportunities for accountants are more available in cities about an hour from here. What I REALLY would love to do is public accounting, specializing in taxes and consulting for the small business person.

Not really being in contact with accountants outside of the 2 or 3 I had as instructors in school, I feel like I am navigating in the dark here.

Any and all advice is greatly appreciated.

Thanks,
Marc
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David



Joined: 16 Aug 2005
Posts: 179

Posted: Fri Jun 27, 2008 8:56 pm    Post subject:  

Marc,

are you just looking for work or are you interested in working for yourself?
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coldcash57



Joined: 27 Jun 2008
Posts: 3

Posted: Sat Jun 28, 2008 3:05 am    Post subject: RE: Breaking into accounting at age 50-need career advice  

I am wanting ultimately to work for myself. The necessity for one year's experience in order to practice as a CPA mandates that I also work for another firm, or work under the guidance of a CPA that is willing to sign off on me.

I'm not so sure that I shouldn't be trying to do a little bit of this on the side out of my home right now as well; because of the crazy hours of my work schedule(overtime can happen in an instant) it makes any kind of second job difficult. I could use the maximized flexibility self-employment can give me.

I may not be posting this question on the right forum, but given the different forum topics, I wasn't sure in which one it would exactly fit.

Marc
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David



Joined: 16 Aug 2005
Posts: 179

Posted: Sat Jun 28, 2008 4:38 am    Post subject:  

Marc,

Read this post. It seems to apply to you. http://www.accounting-and-bookkeeping-tips.com/accounting-forum/viewtopic.php?t=4953

This is the right forum for your question. One of the things that Universal Accounting specializes in is training accountants as yourself in marketing for clients.

If you need training on small business accounting watch this video: http://www.accounting-and-bookkeeping-tips.com/DVD_lead_collection/start_today_dvd/index.html?source=ua_website&campaign=start+today+dvd&usid=

If it is just marketing you need, watch this video: http://www.universal-practice-builder.com/DVD_lead_collection/practice_builder_dvd/index.html?source=ua_website&campaign=arts+and+science+dvd&usid=

David
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