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Career Connections: Accountant/Auditor

5 minutes

(Describer) Beside four different-size different-color circles connected by lines, title: Career Connections.

(Describer) Title: Accountant / Auditor. A man talks on a phone.

(female narrator) Tony Constantine is a senior manager at Ciuni and Panichi. He supervises a group of tax accountants.

(Tony) Here at Ciuni and Panichi, we have two tracks, two basic specialties: insurance services, which are basically auditors, and tax services. We take the books after the auditors have done it and make changes to make them compliant with tax laws, then prepare the tax returns.

(narrator) Clients do their own bookkeeping, while auditors checks those books to make sure everything is right. Auditors spend most of their time at the client's location. Computers are the main tool they use on a regular basis. We'll review documents and build spreadsheets and do analysis for-- if it's a contract issue, we have to estimate what damages are and show our calculations. We'll give them a report, and then we'll be deposed on that report, sometimes have to appear in court to represent our findings.

(narrator) Tony focuses on real estate and construction and recalls one client who wanted to develop a medical office building. He had a location and design picked out. We walked through the steps on how that would work, set up a basic projection, and said, "If you build this building this way, it will cost you X."

(narrator) He spent hours in the office helping the client figure out where he would be financially. At the end, he walked out saying, "Tony, I don't like you right now, but love that you were here because you saved me money." We told him he couldn't do the building. We made suggestions to help him improve the way he approached the project. So that, to me, that was pretty satisfying, knowing that we're not saving the world, but knowing that that made a big impact on our clients.

(narrator) A challenging part of his job is balancing multiple projects at once. "Manager" is in the title because you have to manage: manage people, manage projects, manage clients' expectations. Sometimes the expectations aren't always clear, having to manage the expectations of maybe 10 clients at once.

(narrator) Tony says there is opportunity for advancement if you work hard, and that students can begin preparing in middle school and high school. Although math is essential in accounting, it's not the only area he recommends focusing in.

(Tony) I never took accounting in high school. Some people go that track. Nothing wrong with that. But I say get the most variety of experience you can get. Take on leadership positions, outside activities, learn from an early age how to balance multiple priorities and multiple activities.

(narrator) He says these opportunities will help you relate to people and give you experiences to draw from. He says you have to go through college and accounting programs.

(Tony) You can get a two-year degree and end up being on the bookkeeping side. But to be an auditor, you need that four-year degree, you need a license, be licensed through the state of Ohio, your CPA license. In order to get your license, you have to be working in a CPA firm for two years under the supervision of someone else before the state will give you that license.

(narrator) According to the United States Bureau of Labor Statistics, an auditor makes, on average, $73,670 a year, while a financial manager's median salary is 109,740. Tony says accounting is a great way to get various experiences in business. You have a good springboard. If you wanted to stay in public accounting, you can. There's definitely a career opportunity there. You could work for a company or start your own company and have that knowledge of how a business should operate and carry that to your own business. It's a neat opportunity and a great launchpad for any career.

Funding to purchase and make this educational production

(Describer) Titles: For more information, visit OhioMeansJobs.com. Western Reserve Public Media. Copyright 2015. Funding to purchase and make this educational program accessible was provided by the U.S. Department of Education. Contact the Department of Education by telephone at 1-800-USA-LEARN, or online at www.ed.gov.

accessible was provided by the U.S. Department of Education:

PH: 1-800-USA-LEARN (V) or WEB: www.ed.gov.

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Learn about a tax accounting career from a senior manager of an accounting firm. Some of the responsibilities of a tax accountant include preparing tax returns for clients, auditing their business plans and finances, and helping them stay compliant with current tax laws. Part of the "Career Connections" series.

Media Details

Runtime: 5 minutes

Career Connections
Episode 1
5 minutes
Grade Level: 7 - 12
Career Connections
Episode 2
6 minutes
Grade Level: 7 - 12
Career Connections
Episode 3
3 minutes
Grade Level: 7 - 12
Career Connections
Episode 4
5 minutes
Grade Level: 7 - 12
Career Connections
Episode 5
5 minutes
Grade Level: 7 - 12
Career Connections
Episode 6
4 minutes
Grade Level: 7 - 12
Career Connections
Episode 7
7 minutes
Grade Level: 7 - 12
Career Connections
Episode 8
7 minutes
Grade Level: 7 - 12
Career Connections
Episode 9
6 minutes
Grade Level: 7 - 12
Career Connections
Episode 10
6 minutes
Grade Level: 7 - 12