WEBVTT 1 00:00:00.000 --> 00:00:02.182 My name is Emily Severson 2 00:00:02.182 --> 00:00:05.636 and I am an associate at CliftonLarsonAllen 3 00:00:05.636 --> 00:00:07.605 which is a public accounting firm. 4 00:00:07.605 --> 00:00:09.538 line:15% We kind of like call ourselves 5 00:00:09.538 --> 00:00:11.920 line:15% more of a professional services firm. 6 00:00:11.920 --> 00:00:15.250 line:15% So the position that I started out in, 7 00:00:15.250 --> 00:00:18.917 line:15% as an associate in the audit and tax sector, 8 00:00:21.496 --> 00:00:23.919 you are doing just that. 9 00:00:23.919 --> 00:00:26.026 You are performing audits or reviews 10 00:00:26.026 --> 00:00:29.193 of financial statements for companies. 11 00:00:30.637 --> 00:00:34.063 line:15% CLA specifically does only privately held companies. 12 00:00:34.063 --> 00:00:36.949 line:15% We don't do any publicly traded companies. 13 00:00:36.949 --> 00:00:39.199 line:15% So we go onsite to clients, 14 00:00:41.364 --> 00:00:44.764 basically gather all of their financial information 15 00:00:44.764 --> 00:00:47.676 and do an audit or review 16 00:00:47.676 --> 00:00:50.520 or a compilation of their financial statements. 17 00:00:50.520 --> 00:00:52.917 So it can kind of be different from client to client. 18 00:00:52.917 --> 00:00:54.230 That's the audit side of things. 19 00:00:54.230 --> 00:00:55.440 And then for the tax side of things 20 00:00:55.440 --> 00:00:59.043 it's prepping tax returns either for business' 21 00:00:59.043 --> 00:01:00.923 or for individuals. 22 00:01:00.923 --> 00:01:05.307 line:15% During busy season from January to April 15th, 23 00:01:05.307 --> 00:01:06.557 line:15% it's very busy. 24 00:01:07.813 --> 00:01:11.605 line:15% I'm working anywhere from 60 to 80 hours. 25 00:01:11.605 --> 00:01:13.786 We come in on Saturday's. 26 00:01:13.786 --> 00:01:15.115 But then it makes it all worth it 27 00:01:15.115 --> 00:01:18.057 because when you have a traditional busy season like that, 28 00:01:18.057 --> 00:01:19.387 the way my company works at least, 29 00:01:19.387 --> 00:01:23.889 is they're way more lax then during the summer. 30 00:01:23.889 --> 00:01:27.014 Almost everybody takes vacation off at the end of April. 31 00:01:27.014 --> 00:01:30.785 line:15% Or takes time off for vacation at the end of April. 32 00:01:30.785 --> 00:01:32.284 line:15% At least a week or two. 33 00:01:32.284 --> 00:01:36.103 line:15% And then, if you come into our office over the summer, 34 00:01:36.103 --> 00:01:38.309 it's very barren. 35 00:01:38.309 --> 00:01:40.494 Everything gets a little bit muddled sometimes 36 00:01:40.494 --> 00:01:42.312 when you have a client that's like, 37 00:01:42.312 --> 00:01:45.018 "Oh yeah yeah we're X amount done." 38 00:01:45.018 --> 00:01:46.579 And then you find out that they had 39 00:01:46.579 --> 00:01:48.891 all of these change orders that went through 40 00:01:48.891 --> 00:01:50.022 and then you have to go back 41 00:01:50.022 --> 00:01:54.381 and essentially make them redo their estimates 42 00:01:54.381 --> 00:01:56.663 because they want to make their financial statements 43 00:01:56.663 --> 00:01:58.621 look better than they are. 44 00:01:58.621 --> 00:01:59.954 line:15% There's a lot of 45 00:02:01.372 --> 00:02:04.039 line:15% due diligence that goes into it. 46 00:02:04.890 --> 00:02:07.599 line:15% I think it's fun because I like numbers. 47 00:02:07.599 --> 00:02:11.932 But not everybody thinks that would be a good time.