Posts Tagged ‘Education’

Articles

Entitlement…

In Accounting & Finances,Business,Culture on December 26, 2013 by Sufen Wang Tagged: , , , , , , ,

entitlement_is_important_to_your_b2b_messagingThe Entitlement Generation: Success is NOT Guaranteed

Entitlement is defined as “having a right to something and/or the amount to which a person has a right.”  Note that the key phrase is “having a right” to something – not “having to earn the right.”

urlSeveral comments from my accounting students had prompted me to ponder the word “Entitlement.”  When I asked one student what his 5-year goal was, he replied, “To be a Chief Financial Officer.”  Ah, a very aggressive goal from someone who never showed up to class on time, missed over 22% of classes, could not find his textbook for two weeks, and who hardly turned in any homework assignments and projects. But he was also one of my smartest students who grasped accounting concepts almost immediately.

j01186631My response to him was, “How about you locate your accounting book and try to pass my class first?!”  He laughed with a hint of embarrassment. (Maybe this means there is a glimmer of hope for him?!) He ended up receiving a low D – not due to a lack of knowledge on the subject matter, but instead due to his lack of assignment completions, projects, and attendance. Sadly, this “D” will follow him for a long time.

Students do not understand that their Grade Point Average (GPA) is their resume as they accumulate actual job placements and experiences.  A “D” in an upper division course in one’s specific field will hinder a job seeker’s chance of competing with his peers.  Again, unfortunately because he assumed his “smarts” entitled him to a free pass in terms of class requirements, my student acted unwisely and did not advance well in his pursuit of his college degree.

Entitlement3Another case of assumed entitlement happened last year when one of my business major students came to class saying exasperatedly, “I’ve been filling out job applications for the last week and every opening requires that I have 3 to 5 years of experience in my field. How the heck am I going to get that?”  Ah, perhaps there should be an App where you can download 3 to 5 years of experience instantaneously, and voila! it’s added to one’s resume. 

good_study_habitsThese are sad examples of what our young (future) generation of college students is dealing with. They feel that simply because they’re going to school, they are entitled to jobs for which they have made no effort to prepare – on an educational level and/or on an on-the-job work experience level.  If only they would shut down that video they’ve been playing day and night and instead pick up the textbooks, do the work, and put in the time. Then, and only then, will they have a “chance” to reach their career goals!

Sufen Wang, M.S.Accountancy
Wang Solutions, Long Beach, CA (562) 856-0793
Editor: Hannah Huff, M.F.A. Creative Writing: Poetry, (626) 806-5805

Articles

Not making the Grade in Your Business?

In Accounting & Finances,Business,Education,Taxes on November 21, 2011 by Sufen Wang Tagged: , , , , , , ,

Get Schooled by the IRS for Free
 
Wall Street isn’t the only place that’s been occupied lately. Proposed tuition increases have caused students on college campuses across the U.S. to stand up and say “NO” to raising the cost of higher education. If attending a university will break your bank, the IRS has a solution: the agency offers a variety of excellent educational training and learning tools for small businesses for FREE……
 

Those of you who consider yourselves tax pros should check out
IRS Live. A real-time webinar, IRS Live is a panel discussion among IRS experts and industry professionals aimed at educating tax professionals on current and complex tax issues affecting them and their clients. You can actually earn Continuing Professional Education credits for participating in the webinar! IRS Live is broadcast bimonthly and the next program airs on Dec. 14.
 
For small business owners who are too busy to hit the books can boost their knowledge by visiting the
Small Business/Self-Employed Virtual Small Business Tax Workshop. The curriculum caters to new owners and features lessons about how to set up and run your business so paying taxes isn’t a hassle, what you need to know about Federal Taxes and your new business, and much more. The best part is that you can go to recess whenever you get tired of listening to the teacher talk about retirement plans and tax obligations.
 
While you’re on the computer, you should print the handy-dandy
2012 tax calendar for small businesses and the self-employed, or set it as your desktop wallpaper. It reminds you about everything from the exact days you should deposit your payroll tax, to what forms you need to file and when. Or, if you’re an avid reader and don’t want to get too lost in that novel, just order a tax information bookmark – or even 100 if you want one for every book! You can go shopping for other business products here, and remember, everything is always free from the IRS.
 
Brochures are nice, but could you spot a
tax scammer walking down the street? The IRS even provides tools to help identify, avoid, and report different types of scams. Still can’t get enough? Whether you’re a teacher looking to freshen up those old lesson plans or just somebody who wants to become more proficient in the business world, Understanding Taxes is a gold mine of educational resources. It provides detailed lesson plans, interactive activities, simulations, and answers for the hows and whys of taxes. The only thing the IRS doesn’t give you is an apple for the teacher.
 
On the Money,
Sufen Wang
Wang Solutions