Dear Hiro,

Thank you for your thirteenth message.  My comments follow.

Sincerely,

Prof Sue Stiner

 

s2399067@slb.cgu.ac.jp wrote:

Dear Prof. Stiner,

 

Thank you for the 12th message.

My comments follow.

 

> Well, how was the show?  Was it exciting?  Will you go again?

The show was pleasant.  It was exciting.

 

Moreover, I think that it goes with a friend.

Also, it was better because I went with a friend.

 

[ 12th Homework ]

1. A. In 1995, the population of Japan was about 125 million.

and about 125,5 million (1996). I searched in Yahoo!.

URL: http://www.jicpa.or.jp/n_eng/e-member.html

 

Correct.  In Japan, there is approximately 1 CPA for every 9,000

citizens.  In the US, there is approximately 1 CPA for every 650

citizens.  There are about 13 times more CPAs in the US as there are in

Japan.

 

1. B. I'm sorry. I does not understand.

I'm sorry.  I do not understand.

 

Sorry you did not understand.  The question was: why are there so many

CPAs in the US?

 

But, I think rather than Japan,

since U.S. has many companies, it also vegards the part CPA as required.

 

And the answer is that CPAs in the US are largely used to prepare and

file income and other tax returns.  Many ordinary people use CPAs for

their taxes. 

 

There are two main reason so many individuals use CPAs to file their

personal tax returns.  (1) US tax law is very complex. (But so is

Japan's.) (2) The US uses a self-assessment system.  Japan does not.  In

the US, it is the personal responsibility of each taxpayer to tell the

government how much income he or she had and how much tax he or she

owes.  In Japan, most individual income tax filings and payments are

taken care of by the salaryman's employer.

 

2. They are 48 states.

 

In the AICPA list of jurisdictions requiring the 150-hour plan, two

territories and one district are included.  Guam and Puerto Rico are the

territories.  The district is the District of Columbia.

 

3. Under the system of a Japanese certified public accountant,

although a CPE system is an arbitrary system, it is planning carrying out

forcible application from now on.

 

The difference from a U.S. system is the point of not making it into

the conditions of renewal of qualification mentioned later. Under

the system of a Japanese certified public accountant, acquisition of

annual 80 units is required and the range is also accounts, audit,

taxation business, and KONSARUTE. They are INGU etc. and a broad field.

Moreover, it is supposed that it divides into 2 times per year, and the

report to Japanese Institute of Certified Public Accountants is reported

to the appointed report, and it is to divide into the field of study session

participation, self-study, a paper announcement, and others, and to indicate.

 

In the case of the certified public accountant of the U.S. including

California, acquisition of the unit in a continuous special training system

is automatic. It is connected with a certified public accountant's renewal

conditions of qualification. That is, unless continuous special training is

studied, it is a certified public accountant. The qualification to carry out

will be updated and given. The outline of California was described below.

 

http://www.tokyozeirishikai.or.jp/15/2000america/6.7/6.html

This site was made reference.

 

Thanks for the extensive quotes from your source, Hiro.

 

There are differences in the experience, education and examination

requirements.  Japan requires more experience than the US.  Japan has

more exams and they are harder than the US exam.

 

The Japanese system of tiered tests is quite different from the US

system.  The use of special schools to get the education for the

Japanese CPA is different, too. I think these schools are called senmon

gakko.  Please correct me if I am wrong. In the US people with a

bachelor's degree in accounting could successfully complete the CPA

exam.  Many US students take a review course, but it is just a refresher

course.  They are not learning much that is new.

 

Do you intend to be a Japanese CPA?

 

Sincerely,

Hiro

 

This week we will talk about the financial information that is available

on the web for one company, Applied Materials.  Applied Materials makes

the systems that allows other companies to make computer chips.

Technology developed by Applied Materials allows us to talk to each

other via our computers.

 

We look at several places where we can get financial information about

one company.  The new lesson is at:

http://www72.homepage.villanova.edu/susan.stiner/cgu/investor01.htm

 

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