
Jim French
Partner
PwC LLP
San Jose, CA USA
“I learned to fail, but I also learned that it is important to fail quickly and learn from your mistakes.”
PwC LLP
San Jose, CA USA
“I learned to fail, but I also learned that it is important to fail quickly and learn from your mistakes.”
Partner
I consult with client service teams on their client's application of GAAP to complex transactions.
No two days are alike. I meet with colleagues from client service teams whose clients have entered into novel, often-times complex transactions and they are trying to figure out what the appropriate accounting is for the transaction. This is where the fun begins: understanding the transaction, its economic substance, and then determining the appropriate accounting model, if one even exists, or finding an appropriate analogy. Sometimes a rule must be interpreted or requires judgement.
Here's the first step for everyone
If you don't already have an accounting degree, start pursuing it. Even if you already have an undergraduate degree in some other field, many colleges are offering a Masters in Public Accounting program which will provide you with all the requisite courses to be able to sit for the Certified Public Accounting certification exam.
"Maybe you're not cut out for this profession, you're too much of a perfectionist."