MACPA Student E-News MACPA Student E-News
March 3, 2006 Issue 43  
 
In this week's Advice from a Professional, hear from April Royster, an MACPA member and executive director in the Office of Accounting for Detroit Public Schools.  She'll share with you her views on obtaining a CPA license, the secrets to success when taking the CPA exam and give you an idea of what a day is like in her position. Read Royster's Advice from a Professional article below, and visit the MACPA web site to read advice from other MACPA members.
 
Don’t Think Writing is Important in Your Accounting Education? Think Again!
Explore Accounting Careers at 2006 Minority Accounting College Leadership Conference
Try Your Hand at Being a Record Company CPA with The Turnaround Game
Interview Insights: Test Your Interview Skills
Students Dedicate Time to Provide
Tax Assistance, Gain Expertise
High School Leaders Conference Great Success, Thank You Volunteers!
Volunteer Opportunties and Other Events
from MACPA Offer Many Benefits
Why Be a Member?
Advice from a Professional
 
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Don’t Think Writing is Important in Your Accounting Education? Think Again!
Accounting is all about numbers, right? Wrong! In actuality, entry-level accountants probably spend as much time writing about numbers as they do analyzing them. Because future CPAs need to develop strong writing skills, the computerized CPA exam now has “simulations,” or condensed case studies (and 30 percent of your overall exam grade!), each of which include a writing skills exercise. In this exercise, you will read a situation description and then write a response relating to the situation – in a clear, complete and professional manner. According to Becker CPA Review, there are three general writing criteria you should follow: organization, development and expression. Access the entire article from Becker CPA Review for more information on how you can ace the writing portion of the CPA exam.
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Explore Accounting Careers at 2006 Minority Accounting College Leadership Conference
Find out what rewards lie ahead for you by becoming a CPA at the 2006 Minority Accounting College Leadership Conference. The MACPA, along with the National Association of Black Accountants (NABA) and Walsh College, have created this conference to show you what it takes to become a CPA and why you should go that extra mile to earn your certification. You’ll attend sessions such as Internal Revenue Service Fraud Training Program and Preparing to Pass the CPA Exam at this new event. Plus, a panel of young minority professionals currently in the process of earning their CPA licenses and newly certified minority CPAs will discuss their experiences and provide tips at the session titled Step Up to Success.
This complimentary conference is available only to minority students. Don’t miss out on this great opportunity – register today!
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Try Your Hand at Being a Record Company CPA with The Turnaround Game
A company in turmoil, plummeting share prices, low employee morale – who can lead this once-great business back to its former glory? Why, you, of course! A new online game produced specially for students by the AICPA asks players to develop a winning proposal to save an ailing record company, BigNoizz. The interactive game introduces players to not only the music industry, but gives them the ability to experience what it’s like to be a CPA. Want to try your hand at being a CPA? Play the game at www.theturnaroundgame.com.
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Interview Insights: Test Your Interview Skills
Find out if you know the appropriate ways in which to answer interview questions. 1st-Writer.com offers a multiple-choice interview quiz posing possible questions you might hear in an interview. See if you can identify the most effective ways in which to respond to the questions. The web site also offers several other resume writing, interview and job search tools that you may find useful in your job search.
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Students Dedicate Time to Provide Tax Assistance, Gain Expertise
Several MACPA student members fine-tuned their tax preparation skills by participating in the Accounting Aid Society’s Tax Assistance Program on February 11 and 18 in Detroit. By providing tax assistance services to low income individuals and families, these students not only brushed up on their professional skills, they also participated in a very rewarding volunteer opportunity. The MACPA would like to thank our professional and student volunteers for dedicating their time to making this program a success. If you’re interested in participating in this program next year, e-mail Kristen Benvenuti to be added to the volunteer mailing list.
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High School Leaders Conference Great Success, Thank You Volunteers!
College student members have helped make this year’s High School Leaders Conferences a success by offering their knowledge, insights and expertise of what it takes to study to be a CPA or accounting professional to up-and-coming high school students. Many high school students that attended the conference have now said they would like to pursue a career in accounting.

The High School Leaders Conferences reached high school students throughout the state to inform them of a great profession: accounting! Various speakers showed students the diverse accounting careers they can pursue, exciting aspects of the profession – plus, the event featured a luncheon with college students. Thank you to all the college students who graciously volunteered to answer questions and offer advice to the high school students at the program.
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Volunteer Opportunties and Other Events from MACPA Offer Many Benefits
As great resume builders, networking opportunities and general feel-good activities, volunteering for MACPA events offers countless benefits! Are you aware of the many opportunities you have to volunteer with the MACPA?

  MACPA Accounting Blitzes with Junior Achievement
Volunteers for the MACPA’s Accounting Blitzes visit students in kindergarten through eighth grade classrooms for one day-long blitz to teach them business basics. CPAs, accounting professionals and college students alike can participate in this program to spread the business bug amongst Michigan’s elementary students. Not only will you have the opportunity to encourage students to following your own chosen career path, you can also network with the other CPAs and accounting professionals participating at the event.

Task Forces
The MACPA has more than forty task forces that you can join as a member. Depending on where your interest lies, join one of the MACPA’s task forces to play a pivotal role in the direction of the Association. You’ll meet one on one with CPAs and accounting professionals as together you tackle the many initiatives of the task force. Students are encouraged to join task forces, as it allows them the opportunity to network with professionals and learn more about the profession.

Members Advisory Forum
The Members Advisory Forum is a key event that occurs biannually, giving the MACPA’s influential members the opportunity to meet and hear from high-profile individuals in the profession providing cutting edge updates and up-to-the-minute information about the direction of the profession. You, too, can hear this information first-hand. In fact, students are invited to attend this event for free. You’ll be rubbing elbows with the Association’s leadership – and possibly a future employer! Don’t miss this great opportunity to network with MACPA members already working and making an impact on the profession. The next Members Advisory Forum is May 10 at the Lansing Center in Lansing.

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Why Be a Member?
You’re a member of a professional association – the MACPA. Take advantage of your status with the many MACPA opportunities. Being a member of a professional association is a great way to stay on the pulse of that profession. With regular updates, through publications such as Student E-News; invitations to prestigious events, such as the Members Advisory Forum; opportunities to volunteer and participate in member activities, such as joining an MACPA task force – you’ll stay ahead of the game with your knowledge of and access to people currently in the profession. By participating in various member activities, you’ll have priceless opportunities to network with professionals and gain resume-building experience. These, among other reasons, are all benefits of your membership in a professional association.
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Advice from a Professional
April Royster, CPA
Executive Director, Office of Accounting for Detroit Public Schools
Michigan State University, Accounting
15 years in the profession

April Royster got her introduction to accounting through a bookkeeping course in high school and has enjoyed the accounting profession ever since. She feels one of the benefits of working as a CPA is that you provide valuable information to either your clients or internal customers (if you work for a company) to assist them with managerial decisions.

“I feel that I am always providing a service and making a contribution,” Royster said.

  Royster on Licensure
“I would highly recommend that students pursue the CPA certification as I feel that your career as an accounting professional is somewhat limited without it,” she noted. “It is like someone going through law school and not taking the bar exam. You can only go so far.”

Royster on the CPA Exam
Royster notes that her degree in accounting was critical to her success on the CPA exam. She also warns against getting overwhelmed by all the information on the exam.

“I am not the best test taker,” she said, “and once I learned to calm down during the examination, I was able to do well.”

Royster took the exam in the days of the written exam but still thinks doing the practice questions will be helpful in preparing for the test.

“I used computerized software to help me study and that worked best for me in passing the exam,” Royster said.

Royster in the Workplace
In her current position, Royster is responsible for the financial reporting of Detroit Public Schools. In her job, she is responsible for supervising/managing accounts payable, cash management/accounts receivable, financial reporting, grant accounting and facilities accounting.

“There is always a new issue every day,” Royster said. “I also like that I have a very supportive staff and we work well as a team.”

Royster’s Way to Becoming a CPA
Royster started her career with a Big Four firm, and next took a job at a for-profit corporation.

“The job I have now is partly due to my past experiences but also due to networking with my former colleagues and getting involved with industry associations such as the MACPA,” she said.

“I think that you always have to keep educating yourself, but you also have to network and let people know who you are as well.”

*View additional articles in the Advice from Professionals series posted on the MACPA web site.
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Student E-News is a monthly electronic newsletter developed for Student members. We encourage you to provide feedback on the content of Student E-News by e-mailing kbenvenuti@michcpa.org, or if you have a change of e-mail address, send an update to macpa@michcpa.org.

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