Career Education and Training
About the “FAST Track Training Program”
Have you ever wondered what it is like to work in an accounting firm - to experience the prestige of the work environment, to forge associations with fellow aspiring professionals, and to train under the leadership of successful CPAs? The “Fast Track Training Program” gives you just that!
The “Fast Track Training Program” offers the student a true experience of being educated and trained by an established accounting firm. It offers training in the fields of accounting, audit, taxation and business consulting with hands-on real life client cases. The program does not teach “traditional” theoretical concepts commonly taught at most universities, colleges, textbooks, and online websites. What the program does is to teach practical, applied working knowledge by using actual working tools and soft wares typically found within a CPA firm setting. Students will work on actual cases with CPA supervision.
The “Fast Track Training Program” is the only one of its kind. Its primary objective is to give the student hands-on accounting firm setting experience, an advantage that favors the student with such experience when transitioning to similar public, private or government practice.
And just as how newly hired accounting staff learn how to grow professionally among associating with their fellow peers, so does this program encourage and promote positive interaction among class students and instructors to nurture the growth of such professional lifestyle. At the end of the day, the student is expected to have learned new valuable working skills that can be transferred to their everyday lives, while networking to forge new professional, and hopefully, long-term relationships.
The “Fast Track Training Program” also offers the student access to employer job openings in government, private and public sectors (see section “Career Resources”)
Accounting/Bookkeeping. Real world clients provide accounting firms with a mirage of seemingly endless paper documents. Students will learn how to efficiently segregate, organize, and extract only the important documents from this pile. From client data such as bank records, check registers, check stubs, credit card statements, and other documents, students will learn how to create chart of accounts, reconcile, record, post, and generate uncompiled financial statements using today’s most popular accounting softwares. The basic financial statement is introduced, and how its presentation is critical for both the client and the CPA firm.
Attest Engagements (Compilation, Review and Audit). One of the most desirable training courses offered. Students will learn the techniques of a financial statement compilation, review or audit engagements – everything from start to finish. Preparing workpaper binders, organizing engagement files, preparing programs, starting field work, obtaining client information, records, interviews., using accounting and audit softwares, research, proposing adjustments, audit planning, and preparing financial statements.
Individual Taxation. The most popular training course offered. Students will learn the “How to Prepare an Income Tax Return from Start to Finish” in three (3) separate course levels: basic, intermediate, and advanced. Using professional tax software, the student will learn how to navigate through the tax program using real life cases and actual documents.
The basic course is geared for the beginner with no tax or minimal experience. It introduces the income tax return and its major sections commonly seen in everyday practice. The student will learn how to read and obtain income and deduction documents (W2s, 1099s, 1098s, 1099B), while learning how to organize, sort, and prepare documents efficiently from more challenging cases where a client just brings “boxes of receipts”. Learning the most popular professional tax software used by major CPA firms, the student will be able to prepare a basic income tax return using real life client cases. The work will be reviewed and critiqued by the instructor.
The intermediate course covers proprietorships, basic rental properties, simple stock transactions and sale of assets, and the state income tax return. The student will continue to practice on its basic course materials introduced in the basic course, but will expand in complexity by learning how to prepare Schedule C, D, E, F, depreciation schedules and related schedules.
The advance course covers complex tax cases: sales and exchanges of rental properties, sales involving complex and numerous stock transactions, capital losses, net operating losses, passive losses, and multi-state income tax returns.
Business Taxation. Courses are offered in the preparation of partnerships, corporations (C and S), Limited Liability Companies (LLC), local business tax returns (city business license, unsecured property taxes), payroll tax returns, sales tax returns, and selected out-of-state tax returns. Various tax reporting forms are introduced: How to Elect S Corporation Status, Preparing Power of Attorneys, How to Incorporate, and many more.
Our firm has established relationships with various employers and professional societies who have job openings. From the “Big”, regional, or local accounting firms to private and government employers, our firm is a gateway to your career advancement.
But we just don’t post job openings for just about everyone. Because these employers look to us to seek qualified candidates who have been effectively well-trained, we cannot just recommend our students unless we are confident that your skills, experience, and personality are a good fit to their needs. And this is why our training courses are focused on real world, practical everyday work experience. We have a duty both for the student and to the employer.
There is no additional cost for the student to take advantage of our career resources. Not only do we have job postings, but we can also provide information for career job fairs, employer open houses, and special events. The only requirement is that our instructors must feel reasonably confident that you have achieved some minimum level of confidence and training of our courses before we recommend you to our contacts.
How to Register
Contact our office to obtain the course outlines of the subject area which you are interested in by telephone: (323)694-7408, or email: firstname.lastname@example.org. These course outlines describes the contents of each course, its course length and cost. Accepted methods of payments include cash, check, or credit card (American Express, Visa or Mastercard).