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Auditing/Accountant filed for Chapter 7
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Question
Hello, I am graduating soon and I am feeling very nervous about looking for a job. The reason being is that I filed for chapter 7 due to business failure. I was discharged in September of 2005. I have been able to mantain a perfect credit since then and I already have credit cards and a personal loan which I have paid both on time and has not missed a payment. I know this is going to come up in job interviews but will it prevent me from getting a job in the field?
Hello Joey,
Congratulations on your graduation.
The issue related to finances will come up right from the beginning when you apply for a job. Many companies today run extensive background checks and these matters must be disclosed.
Although this is bad mark, it should not prevent you for landing a great job if you have the qualifications, people skills, and ability to cope with technology. Be sure to let your prospective employer know what happened. If the only bad feature in your credit history is the Chapter 7, it is likely that you will given an opportunity.
Because there is much at risk, a proactive approach for you should be to discuss this with a attorney. Another suggestion is to speak anonymously with recruiters and ask for their input. They are the ones who truly know how it weights in the hiring process.
Again your past business failure may affect you because people expect that accountants must be very careful with their personal finances to deserve to be entrusted with others' assets, however, full disclosure in advance, diminishes its impact.
I wish you continued success in your professional endeavors.
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Consuelo Herrera, International Accountant and Fraud Examiner
Expertise
I can answer questions concerning internal and operational auditing, fraud prevention procedures, internal control, the Sarbanes-Oxley Act, COSO control concepts, and management oriented auditing. I would love to provide business-owners with suggestions on how to prevent and detect fraud so that they are proactive in protecting their wealth since the very beginning of their entrepreneurial affairs. I can answer questions to both English and Spanish population. I am very committed to keep my standards up today so I know many resources where I can direct those seeking advice.
Experience
I have rendered services for private companies, profit and non for profit, in two countries. As independent consultant I have provided advice to managers in implementing procedures that streamline their operations and enhance their activities. As a staff accountant in a US CPA firm, I performed regular auditing procedures for different engagements.
Organizations
AICPA (American Association of Certified Public Accountants), ACFE (Association of Certified Fraud Examiners), ACFEI (American College of Forensic Examiners.
Education/Credentials
Bachelors of Sciences in Business Administration – Accounting
University of South Florida USF – Tampa Florida
Catholic University – Colombia
Title earned: Specialist in Tax and Customs
Central Foundation University – Colombia
Title earned: Certified Public Accountant.
On August, 2006 I passed all four sections of the Certified Fraud Exam which tests for proficiency in the following areas: Criminology and Ethics, Financial Transactions, Legal Elements of Fraud, and Fraud Investigation.
Awards and Honors
As employee of Forensic Technology Inc. a Canadian company with locations and sites worldwide, I was the winner of the 2005 President's award in the category of Cost Savings through Efficiency or Innovation granted in January 2006 in Montreal, Canada.
Past/Present Clients
I have provided advice to all kind of companies: manufacturing, service, consulting, non for profit organizations, etc.
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