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Life as a CPA (8): Donny talks about IT Budget

– Ty’s Summer Internship – Day 16 – Today, I am so excited to attend Donny’s presentation on creating an IT Budget: “A Strategic Approach to IT Budgeting”. Finally I get to see my boss’ talk! The seminar room is filled with participants who are eager to check out this topic, which tells me that this … Continue reading

Life as a CPA (7): Demo Hopping

– Ty’s Summer Internship – Day 15 – Even though I was in IT consulting for some years, I didn’t know much about business applications targeted for the mid- to small-size companies. I have dealt with SAP and Oracle ERP, but they are for large companies, so I never had a chance to be exposed to … Continue reading

AICPA Council (3): Revisiting Learning

A big focus of yesterday’s meeting was on learning and how learning vehicles today are changing.  There was talk about MOOCs (Massive Open Online Courses)—where you may be one of thousands of people taking a course—and we also heard from Sal Kahn, founder of the Khan Academy.  To close out the day we went into … Continue reading

AICPA Council (2): Rich’s Legacy & Barry’s Update

The Professional Issues Update by AICPA CEO Barry Melancon, CPA, CGMA is always a highlight of Council. It astounds me how Barry is able to keep on top of all of the issues (and the associated details) of all the issues facing the profession—if you ever have an opportunity to listen to Barry give this … Continue reading

AICPA Council (1): Rebelling against the penguin suit

Note from Donny: For those of you following our Life of a CPA series, we’ll be taking a quick interlude from that series to bring you some immediate insights from the AICPA Governing Council Meeting occurring from Sunday, October 20, 2013 to Tuesday, October 22, 2013. ********** Today’s AICPA Governing Council Meeting (see twitter hashtag … Continue reading

Life as a CPA (6): Power of Networking

– Ty’s Summer Internship – Day 15 – It sounds funny to me that I am traveling from Honolulu to Vegas for business. I don’t know if there is any occasion that I will encounter this kind of situation in the rest of my life. This moment is priceless. The trip to Vegas was really fun. … Continue reading

Life as a CPA (5): CPAs Travel a Lot

– Ty’s Summer Internship – Day 9 – Apparently, the summer is the conference season for CPAs. Donny’s schedule is filled with all different kinds of business trips and he is home literally only for a few weeks this summer. Donny travels a lot in general, and throughout the year he has at least one business … Continue reading

Life as a CPA (4): Entrepreneurship – challenges & success

– Ty’s Summer Internship – Day 5 – At ITK, there seems to be always multiple projects running in parallel, so Donny and his staff play multiple roles on different projects. This is something new to me as I worked in a large firm and was always assigned to one project at a time. This means … Continue reading

Life as a CPA (3): Let’s get to work…Process Mapping

– Ty’s Summer Internship – Day 2 – A beautiful blue sky, pomegranate, and guava trees out in the yard, and nice breezes… I am already enjoying the tropical island, but I am not here for vacation. Yes, I need to go to work! My first day at ITK. I am excited, but also nervous. … Continue reading

Life as a CPA (2): What is a CITP?

– Ty’s Summer Internship – Day 1 continued – Driving from the Honolulu International Airport to ITK office was just amazing. I am sure it is nothing special for Donny, but what I notice is the stunning blue sky, gorgeous ocean view, and TONS of Japanese tourists. Wow, this is like a home away from home … Continue reading

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