Politics and accounting? Indeed.
Regulation, taxation, politics and the economy are all vital components in the accounting industry. This August, TCU Master of Accounting students spent three days in Washington D.C. to see how accounting is affected by Capitol Hill.
The MAc students gained in-depth perspectives on taxation, budgets, health care, committees, regulators, securities, economic impact and policy making.
“The trip to Washington D.C. was extraordinary,” Michael Nakhleh said. “We saw first-hand how Congress runs and explored several unique career paths in the accounting field. It definitely exceeded my expectations.”
“Our goal was to give them an understanding on how each of these seemingly independent factors culminates into key influencers of the business world,” said Renee Olvera, faculty advisor for the TCU Professional Program in Accounting. “They also were able to make connections to their respective accounting functions.”
In partnership with The Washington Campus, a nonprofit, non-partisan, higher education consortium based in Washington D.C., TCU MAc students met with representatives from the U.S. Senate Education and Training Office, Grant Thornton, American Health Policy Institute, National Security Council, American Enterprise Institute, The Concord Coalition, PCAOB, IRS, U.S. Securities and Exchange Commission and the Center for Audit Quality.
They also met with staff members from U.S. Congresswoman Kay Granger’s office and took an exclusive tour of the U.S. Capitol building and the House of Representatives accompanied by former U.S. Congressman Cliff Stearns.
“Before our trip to Washington DC, I never thought of public policy in conjunction with accounting, or even how accountants could impact the happenings on Capitol Hill,” Sarah Pate said. “I was impressed by the speakers The Washington Campus invited. They put into perspective how important a deep understanding of accounting is in the everyday decisions of the leaders of our country.”
“This experience opened my eyes to how accounting is associated with the inner-workings of the government, congressional decision-making and lobby activities,” Mary Frances Cargile said. “It showed me opportunities and careers in accounting that I had not considered before. I am further impressed by how many places my TCU degree can take me.”