I really don't think going for a degree in tax will limit you to only working in tax. Many people go for a master's degree, and a person could have chosen a tax program the same way s/he could have chosen marketing, statistics, accounting, etc. That's just the degree you choose to help you get to the 150 hour requirement. If you decide to work in tax, the degree should help you. If you want to work in audit, the degree should not hinder your opportunities. In fact, (this is just what I think, I've never worked in auditing) it may be help you as an auditor to still have some knowledge or backround in tax.
I don't see why having a certain degree should restrict you. There is no M.S. in Auditing (as far as I know), and it's not like the way things are is that if you work in tax, you get an M.S. in Tax, and if you work in audit you get an M.S. in Audit and if you work in regular accounting you get an M.S. in Accounting.
Many people don't have a master's degree and work in tax or audit. If you have a master's degree (or MBA), it can be beneficial. I don't see why it should restrict you.
@CPATERMINATOR – I am jamaican and completed my Masters of Science in Accounting at the University of the West Indies. We are under the British System and not the American System eg. we use IFRS and not GAAP in Accounting. My transcripts were evaluated at the World Evaluation Services and I have more than the 150 credits needed for the CPA.
MSC has nothing to do with cooking (eventhough i am a good cook)…
Based on the comments overall regarding the fact that some people are not sure what a MSC is i will look up my transcript and post the courses that are included for you to get a better understanding.
We are all in this together!!!
AUD - 58, 62, 56, OCT 2015
BEC - August 22,2015
FAR - TBD
REG - TBD
BECKER LIVE CLASSES, BECKER TEXTBOOKS,FINAL REVIEW, FLASHCARDS/NINJA MCQS, NOTES AND AUDIO/WILEY FOCUS NOTES.
IF U TRY AND U DONT SUCEED, TRY AND TRY AGAIN...GIVING UP IS NOT AN OPTION.
@CPAMAN – I have 16 years work experience (6 years in Accounting and 10 years in Auditing).
Based on your comments that nobody care if you have an MSC in Accounting – Well I do have the experience required my next step is to pass the CPA exams and them I am all set. The MSC might not mean anything to you but it got me through the door to fullfill the educational requirements. Hopefully I can do what you have done in successfully passing the CPA.
AUD - 58, 62, 56, OCT 2015
BEC - August 22,2015
FAR - TBD
REG - TBD
BECKER LIVE CLASSES, BECKER TEXTBOOKS,FINAL REVIEW, FLASHCARDS/NINJA MCQS, NOTES AND AUDIO/WILEY FOCUS NOTES.
IF U TRY AND U DONT SUCEED, TRY AND TRY AGAIN...GIVING UP IS NOT AN OPTION.
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