MEMBERSHIP PACKET SPRING 2016 University of Southern California MISSION STATEMENT_______________________________________ Accounting Society is a professional student organization within the University of Southern California’s Leventhal School of Accounting, comprised of students who are interested in a career in the accounting field. Our purpose is to provide an opportunity for you to become more familiar with and involved in the accounting world. At USC, Accounting Society enjoys a unique advantage resulting from the special relationship the School of Accounting has with the accounting profession. Accounting Society provides many opportunities for students to meet knowledgeable and enthusiastic accounting professionals from top CPA firms, as well as professionals working in the private industry. Accounting Society also provides an opportunity for students to interact with other students interested in accounting. As a result, membership provides an excellent opportunity for career planning by enhancing students’ scope and exposure to the industry. Membership in Accounting Society has a wide range of benefits, which include: • • • AS Mentorship Program (ASMP) – ASMP gives you an opportunity to develop an ongoing relationship with an accounting professional. Each member is paired with a mentor that is currently working in the accounting field. Events include a mock interview and a kick-off dinner. You must apply to be a part of this program; participation is limited and requires a commitment of one semester. For questions regarding the AS Mentoring Program, please contact your Mentorship Coordinator, Alison Zhang (ASMentorCoordinatorUSC@gmail.com). Weekly Meetings – Each Wednesday at 6:30pm*, a guest speaker from a public accounting or private industry firm will speak on a relevant topic relating to accounting issues, the recruiting process, interviewing skills, networking, or career opportunities with their company. Dinner will be provided for all members following each meeting. If you have any suggestions for lunch/dinner, please contact your Director of Internal Affairs, Eric Tien, at (ASDirectorInternalAffairsUSC@gmail.com). *The first four meetings with the Big Four will take place on Wednesdays, at 12:00 noon. • Meet the Firms – Meet the Firms is a reception that provides you with an opportunity to meet and directly interact with representatives from the accounting field such as: firm recruiters, staff members, managers, and partners from various CPA firms. • Firm Tours & Socials – Throughout the semester, CPA firms located in the Los Angeles and Orange County areas sponsor tours of their offices and social events. You will have the opportunity to speak with professionals at different levels, allowing familiarization with the firm’s auditing, tax, and management consulting departments. Questions regarding firm events can be directed to your Vice President of Activities, Suki Kwan (ASVPActivitiesUSC@gmail.com). • AS Sponsored Events – These events provide an opportunity to meet other Accounting Society members and interact with them in a setting outside of the classroom. Some of the events AS has sponsored in recent semesters include basketball tournaments, BBQ, pizza social, and our traditional semester-end Wrapup Dinners. • Development Workshops and Mock Interviews – Throughout the semester, AS officers will present interactive workshops to help answer commonly asked questions, such as: “What should I say to a recruiter? What should I wear to a firm event? How do I sign-up for interviews?” Participation in these workshops will help you learn business etiquette and networking skills while also getting to know your fellow AS members. The mock interviews will give you a chance to practice interviewing techniques to prepare for your actual interviews. • Volunteer Income Tax Assistance (VITA) – Each spring, AS members assist in the preparation of tax returns for low-income families in the Los Angeles community. Note: All Firm tours, Meet the Firms, and mock interviews require professional business attire. The dress code for Firm sponsored socials and AS sponsored events will vary depending on the nature of the activity. Questions concerning appropriate attire can be directed to your Director of Public Relations, Bowen Sha (ASDirectorPublicRelationsUSC@gmail.com). PLEDGE MEMBERSHIP REQUIREMENTS A Pledge Member is either a new member of Accounting Society, or a previous member that did not fulfill the Active Membership requirements. Each Pledge Member must attend the following: For promotion to Active status: Mandatory events: 8 weekly meetings Meet the Firms AS Officer Elections Wrap-up Dinner Business events (choose 1): Mentor Program Mock Interviews CPA Firm Presentations Excel Workshop Any firm social/office tour And more that will be announced Social events (choose 1): BBQ Party Hiking Bowling Night With Alumni Movie Night Community Service events (choose 1): Marshall Community Service Day Animal Rescue Tree Planting ALTERNATIVE MEMBERSHIP REQUIREMENTS Pledge Members who are not able to attend the weekly meetings due to class or work conflict must attend 2 additional events. *Please see Beth Zhang, Vice President of Membership (AS.membership@gmail.com), if you have any questions. ACTIVE MEMBERSHIP REQUIREMENTS An Active Member is a member of Accounting Society that fulfilled the pledge membership requirements of the previous semester. In order to maintain an active status, Active Members must continue to meet the requirements of Active membership. Failure to meet the requirements will result in the loss of Active status. In order to achieve Senior Member status, Active Members must meet the appropriate requirements. Each Active Member must attend the following: For promotion to Senior status: Mandatory events: 7 weekly meetings Meet the Firms AS Officer Elections Wrap-up Dinner Business events (choose 1): Mentor Program Mock Interviews CPA Firm Presentations Excel Workshop Any firm social/office tour And more that will be announced Social events (choose 2): BBQ Party Hiking Bowling Night With Alumni Movie Night Community Service events (choose 1): Marshall Community Service Day Animal Rescue Tree Planting To maintain Active status: Mandatory events: 7 weekly meetings Meet the Firms AS Officer Elections Wrap-up Dinner Business events (choose 1): Mentor Program Mock Interviews CPA Firm Presentations Excel Workshop Any firm social/office tour And more that will be announced Social events (choose 1): BBQ Party Hiking Bowling Night With Alumni Movie Night Community Service events (choose 1): Marshall Community Service Day Animal Rescue Tree Planting ALTERNATIVE MEMBERSHIP REQUIREMENTS Active Members who are not able to attend the weekly meetings due to class or work conflict must attend 2 additional events. *Please see Beth Zhang, Vice President of Membership (AS.membership@gmail.com), if you have any questions. SENIOR MEMBERSHIP REQUIREMENTS The officers of the Accounting Society have developed a new status level honoring members who have truly partaken in the activities of the organization. A Senior Member is the highest level in the Accounting Society and entails a new set of requirements to maintain this status. Senior members will receive the highest recognition as a member and will be awarded the AS sash at graduation. In order to maintain Senior status, Senior Members must continue to meet the requirements of Senior Membership. Failure to meet the requirements will result in the loss of Senior status. To maintain Senior Status: Mandatory events: 5 weekly meetings AS Officer Elections Wrap-up Dinner Business events (optional): Mentor Program Mock Interviews CPA Firm Presentations Excel Workshop Any firm social/office tour And more that will be announced Social events (choose 1): BBQ Party Hiking Bowling Night With Alumni Movie Night Community Service events (choose 1): Marshall Community Service Day Animal Rescue Tree Planting ALTERNATIVE MEMBERSHIP REQUIREMENTS Senior Members who are not able to attend the weekly meetings due to class or work conflict must attend 2 additional events. *Please see Beth Zhang, Vice President of Membership (AS.membership@gmail.com), if you have any questions. SIGN-UP FOR FIRM EVENTS BUSINESS EVENTS AND FIRM SOCIALS Sign-up lists will be emailed approximately one week before the event. Once the final lists are posted, members are able to cancel only by contacting Suki Kwan (Vice President of Activities) three days in advance in writing. If there are additional spaces available for an event, you may sign up any time before the sign-up deadline for that event. Updated weekly lists will be posted and passed out for upcoming events. POLICY ON ABSENTEEISM In order to maintain the image of a responsible student body, it is imperative that Accounting Society members accept their responsibilities. Much time, effort, and money go into preparing for firm-sponsored tours, socials, and other events. If you are signed up for an event, you are required to attend. Please keep in mind that your actions reflect not only yourselves, but on Accounting Society and the University of Southern California as well. In addition, realize that attendance to firm events is indicative to recruiters of attendance in the work force. Members who fail to attend events that they are scheduled to attend will form a negative image in the minds of the firms and the recruiters. If you are unable to attend a firm-sponsored event, which you have signed up for, you must contact Suki Kwan (Vice President of Activities) at least three days before the event. If you fail to comply you must do the following: • • • Write an apology letter to the firm no later than one week after the event, explaining the reason why you were unable to attend the event. All apology letters must be approved by Suki Kwan (Vice President of Activities). You will also lose priority for all of the events for the rest of the semester. The first time you fail to write an apology letter, in addition to losing priority to all the events, you will be unable to attend the next firm event. The second time you fail to write an apology letter, you will not be permitted to attend any future events. In addition, Senior members will be dropped to Active, and Active members will be dropped to Pledge Member status the following semester. We must implement a strict policy since there is limited attendance at firm events. Please help us to uphold the professional image of Accounting Society, since we all stand to benefit by doing so. Thank you and have a great semester! *For more information please visit us at http://scf.usc.edu/~acctsoc (Or simply Google ‘USC Accounting Society)