Today in my ACCT 151 class (Intro to Financial Accounting), we had a guest speaker give a lecture and answer questions. The guest speaker’s name was Joseph Charles and graduated from Lehigh some 20 years ago. Mr. Charles is currently a partner at KPMG’s Philadelphia office. He interned at KPMG during his junior summer and was offered a full position as well. Mr. Charles gave us a lecture about financial ratios. His lecture was engaging and hands-on. Usually, there is little participation in normal lectures given by our professor, but today there was a lot more participation. For the first case, we studied the financials of a company called Lafayette Stinks Corporation (the name got many laughs). We determined the profitability of the company and analyzed its cash flows. After the lecture, he answered and questions that the students had. Most of the class asked questions related to careers in accounting or at the Big Four. I normally enjoy having guest speakers, so today’s class was very enjoyable.
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