Anyone here taken Intermediate Accounting?

Scarpozzi

Lifer
Jun 13, 2000
26,392
1,780
126
So I finished up my MBA last May. I decided to jump back in and take a few accounting classes to decide whether or not I wanna take the CPA. I've already done managerial and cost accounting. I'm going to take Intermediate 1 and maybe 2 this summer (enrolled already for both).

I know I'll get that stuff from my classes, but I'm going to start reading/studying before the classes start to get a jump on things. The first exam is going to be pretty bad and I know this is a weeder class for accounting so I'm trying to brace myself.

Does anyone have any study guides, syllabi, advice they would care to share?
 

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
Brace yourself. My gf took that class. She hated it. She always complained about it. She ended up with a B- and she just said it was good enough.
 

Scarpozzi

Lifer
Jun 13, 2000
26,392
1,780
126
Originally posted by: Gibson486
Brace yourself. My gf took that class. She hated it. She always complained about it. She ended up with a B- and she just said it was good enough.
That's why I'm here.... I'm bracing myself. :D

Thanks for the feedback. I'll likely mow the lawn tonight....then start reading. My wife is in Physician Assistant school right now (Master's of Medicine). Because of this, I can't complain about the class to her....I'm on my own. :frown:
 

Ns1

No Lifer
Jun 17, 2001
55,420
1,600
126
The CPA exam is the most recockulous exam ever.

it's like 16 textbooks worth of shit crammed into 4 tests.
 

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
Originally posted by: Scarpozzi
Originally posted by: Gibson486
Brace yourself. My gf took that class. She hated it. She always complained about it. She ended up with a B- and she just said it was good enough.
That's why I'm here.... I'm bracing myself. :D

Thanks for the feedback. I'll likely mow the lawn tonight....then start reading. My wife is in Physician Assistant school right now (Master's of Medicine). Because of this, I can't complain about the class to her....I'm on my own. :frown:

Just tough it out;) For one, the book my gf used was bigger than any text book I have ever seen and the writing was small. I still remember it like it was yesterday. After 7 hours of completing Electromagnetics HW, I went to sleep. I wake up the next morning and my gf and still working on her Intermediate Accounting HW.

Good Luck.
 

Scarpozzi

Lifer
Jun 13, 2000
26,392
1,780
126
Originally posted by: Ns1
The CPA exam is the most recockulous exam ever.

it's like 16 textbooks worth of shit crammed into 4 tests.
I'm aware...basically what I'm up against though.

I've worked in IT over 10 years and have a solid job at a University. Of course I got all my degrees in business and have little "management" experience in an office environment. When I apply for jobs, the IT jobs want a CS degree (programmer fill-in) or the business folks want the straight-up experience. I can do both, but don't feel right putting it on the resume since I only dabble.

I'm giving accounting a try to get the certification (or not)....because it's free for me (minus books) and because it will transfer easier if I move back to my hometown. They don't have much IT up there that's not Windows Administration. (which I would NEVER do)

I don't know if I'll ever sit for the CPA, but if I take classes over the summer and do 12 more hours between the fall and spring, I'll be eligable to sit for the CPA at least.
 

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
Originally posted by: Ns1
The CPA exam is the most recockulous exam ever.

it's like 16 textbooks worth of shit crammed into 4 tests.

That sounds worse than getting engineering stuff.
 

ChaoZ

Diamond Member
Apr 5, 2000
8,906
1
0
Prepare yourself for a lot of studying especially when you get to leases...
 

Ns1

No Lifer
Jun 17, 2001
55,420
1,600
126
Originally posted by: Scarpozzi
Originally posted by: Ns1
The CPA exam is the most recockulous exam ever.

it's like 16 textbooks worth of shit crammed into 4 tests.
I'm aware...basically what I'm up against though.

I've worked in IT over 10 years and have a solid job at a University. Of course I got all my degrees in business and have little "management" experience in an office environment. When I apply for jobs, the IT jobs want a CS degree (programmer fill-in) or the business folks want the straight-up experience. I can do both, but don't feel right putting it on the resume since I only dabble.

I'm giving accounting a try to get the certification (or not)....because it's free for me (minus books) and because it will transfer easier if I move back to my hometown. They don't have much IT up there that's not Windows Administration. (which I would NEVER do)

I don't know if I'll ever sit for the CPA, but if I take classes over the summer and do 12 more hours between the fall and spring, I'll be eligable to sit for the CPA at least.

well intermediate accounting isn't shit. you seem like a pretty smart guy so I imagine you'd do fine.

 

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
Originally posted by: Scarpozzi
Originally posted by: Ns1
The CPA exam is the most recockulous exam ever.

it's like 16 textbooks worth of shit crammed into 4 tests.
I'm aware...basically what I'm up against though.

I've worked in IT over 10 years and have a solid job at a University. Of course I got all my degrees in business and have little "management" experience in an office environment. When I apply for jobs, the IT jobs want a CS degree (programmer fill-in) or the business folks want the straight-up experience. I can do both, but don't feel right putting it on the resume since I only dabble.

I'm giving accounting a try to get the certification (or not)....because it's free for me (minus books) and because it will transfer easier if I move back to my hometown. They don't have much IT up there that's not Windows Administration. (which I would NEVER do)

I don't know if I'll ever sit for the CPA, but if I take classes over the summer and do 12 more hours between the fall and spring, I'll be eligable to sit for the CPA at least.

You really want to become a CPA? I mean, the pay is awesome.....

but....

the hours are grueling....
the liability you have when you make a mistake and the punishment that occurs....it's scary

I suggest being an actuary;)

 

Cogman

Lifer
Sep 19, 2000
10,286
145
106
Wow, I'm a nerd, when you asked for pointers I was thinking

int* accounting;
 

Scarpozzi

Lifer
Jun 13, 2000
26,392
1,780
126
Originally posted by: Gibson486
Originally posted by: Scarpozzi
Originally posted by: Ns1
The CPA exam is the most recockulous exam ever.

it's like 16 textbooks worth of shit crammed into 4 tests.
I'm aware...basically what I'm up against though.

I've worked in IT over 10 years and have a solid job at a University. Of course I got all my degrees in business and have little "management" experience in an office environment. When I apply for jobs, the IT jobs want a CS degree (programmer fill-in) or the business folks want the straight-up experience. I can do both, but don't feel right putting it on the resume since I only dabble.

I'm giving accounting a try to get the certification (or not)....because it's free for me (minus books) and because it will transfer easier if I move back to my hometown. They don't have much IT up there that's not Windows Administration. (which I would NEVER do)

I don't know if I'll ever sit for the CPA, but if I take classes over the summer and do 12 more hours between the fall and spring, I'll be eligable to sit for the CPA at least.

You really want to become a CPA? I mean, the pay is awesome.....

but....

the hours are grueling....
the liability you have when you make a mistake and the punishment that occurs....it's scary

I suggest being an actuary;)
I was thinking that if I had a CPA, MBA, and knew IT I would make a pretty good CIO or CFO eventaully. I would just need to put in a few years of gruntwork on the accounting side to work my way up to it. I already have the IT background. I'm turning 28 this summer....I've got time to work toward it.
 

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
Originally posted by: Scarpozzi
Originally posted by: Gibson486
Originally posted by: Scarpozzi
Originally posted by: Ns1
The CPA exam is the most recockulous exam ever.

it's like 16 textbooks worth of shit crammed into 4 tests.
I'm aware...basically what I'm up against though.

I've worked in IT over 10 years and have a solid job at a University. Of course I got all my degrees in business and have little "management" experience in an office environment. When I apply for jobs, the IT jobs want a CS degree (programmer fill-in) or the business folks want the straight-up experience. I can do both, but don't feel right putting it on the resume since I only dabble.

I'm giving accounting a try to get the certification (or not)....because it's free for me (minus books) and because it will transfer easier if I move back to my hometown. They don't have much IT up there that's not Windows Administration. (which I would NEVER do)

I don't know if I'll ever sit for the CPA, but if I take classes over the summer and do 12 more hours between the fall and spring, I'll be eligable to sit for the CPA at least.

You really want to become a CPA? I mean, the pay is awesome.....

but....

the hours are grueling....
the liability you have when you make a mistake and the punishment that occurs....it's scary

I suggest being an actuary;)
I was thinking that if I had a CPA, MBA, and knew IT I would make a pretty good CIO or CFO eventaully. I would just need to put in a few years of gruntwork on the accounting side to work my way up to it. I already have the IT background. I'm turning 28 this summer....I've got time to work toward it.


noooo....CFO's are usually finance people or high end controls accounting. Controls Accounting is not really grunt work....

Controls Engineering, on the other hand, is;)