Going Back to School …

Warning: This is what happens when you can’t think of anything revealing or intelligent to write.

As some are aware, these past few months I went back to school, to a county college, to take just one class: Principles of Accounting 1. Due to the fact that I have not been overly successful with my B.A. in Classics, I decided to try my hand in accounting. My desire: To see if I liked it enough to pursue an MBA and make contacts along the way. It also didn’t hurt that my interest was piqued by my lack of understanding business as well as wanting to understand more about what I do for a living (retail). With my hard work and help from fellow Babeler, Jason Morgan, I have excelled in my class. Not only that, but well, I like accounting. Yes, I said it, I like accounting.

From financial statements, such as income statements, balance sheets, and owner’s equity, to accounts receivables to depreciation of assets, I have learned a great deal about accounting and its impact on the business world. I have established a great reputation with my professor and he will thusly write me a letter of recommendation for Graduate school to pursue my MBA. Considering what my desires heading into the class were, I think that I have been successful. Not only did I make a great contact, but I found a new career path.

Accountants are held in the highest regard in the business world because their sole job is to report financial data correctly. I respect that and admire that, especially in a day and age, where bad business occurs. They are the know-it-alls of the business world; the ones that say whether a business can or cannot do what they want. Without them, the entire economy would shut down.

It is because of all these things, plus a good teacher, whose motto is “Accounting is not a science, it is an art”, that I am taking my GMATs this Summer to get accepted into an MBA program with a concentration in Accounting to eventually become a CPA. As an avid learner and “child” so to speak, going back to school was one of the best things that I could have done.

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About the Author

Gregory Rineberg
Oh where to even start? Victim of a pyramid scheme (ironic?) who possesses an unmarketable degree in the Classics. He finds the Latin roots of words for fun in his spare time.

12 Comments

  1. Posted May 2, 2008 at 10:55 am | Permalink

    Were you humming the song from Billy Madison as you wrote this piece?

  2. Posted May 2, 2008 at 11:29 am | Permalink

    About 10 years ago there was a merger between Compucard International and HFS creating the Cendant Corporation. This was expected to be a huge profit generating machine. However the accounts misrepresented the worht of the company and missed a few zeroes here and there and the stock plummeted and the accountants were charged.

    Accounting is an essential piece to any successful business.

  3. Posted May 2, 2008 at 11:54 am | Permalink

    Reinberg, you made your Mom happy; I bet your Jewish mom wish for her son to become a Lawyer or a Doctor, but we can settle for an Accountant.

    Actually, I like school, and currently preparing my application for PhD; so it could be worse..

  4. Posted May 2, 2008 at 12:53 pm | Permalink

    Oren, that reply was priceless.

  5. Posted May 2, 2008 at 3:03 pm | Permalink

    It’s been a while man, but good to hear. Good luck on your GMATs.

    I’m almost finished my MIS. I’m getting ready for a job as a Software Quality Assurance Analyst which will reimburse me for a DBA (Doctor of Business Administration).

    Staying in school is never a bad thing as long as you get to keep adding letters to your name…MBA..CPA..MOC (Master of Child)

    Plus, you got that CPA blood in you, among other bloods as Oren mentioned..lol

  6. Posted May 2, 2008 at 3:13 pm | Permalink

    Lol. Yes I was humming the song to Billy Madison as I wrote this and yes its definitely in my blood to be one of those 3 professions; anything less would just be un-hebrew.

  7. Posted May 2, 2008 at 10:50 pm | Permalink

    Does being a pseudo-accountant make me half-Jewish?

  8. Posted May 3, 2008 at 8:12 am | Permalink

    Haha Yes your knowledge of money and business entitle you to join the fine ranks of Jewdom, especially if you have a Mezuzah.

  9. Posted May 3, 2008 at 4:27 pm | Permalink

    Whats the deal with the Mezuzah? Is it some kind of lucky charm to ward off bad business?

  10. Posted May 3, 2008 at 8:51 pm | Permalink

    Yes. Jewish businessman in Miami beleive that If you hang it by the door – it would scare away the Hurricans… (Unless you and your insurance company agent gonig to the same Synaguge every Shabat..)

  11. Posted May 3, 2008 at 9:40 pm | Permalink

    I’m pretty sure I DO have a Mezuzah!! Sweet, I am indoctrinated.

  12. Posted May 4, 2008 at 9:06 am | Permalink

    Well thats not so much superstition as it is knowledge that hurricanes have eyes and thus should be able to spot a mezuzzah on their approach to Miami.

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