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Four Steps to Becoming a CPA – Inspired by Barry Dufrene

Ever wanted to possess the skill and knowledge necessary to accurately complete a tax return that actually saves money? If the answer to that question was yes, a career as a Certified Public Accountant (CPA) might prove to be rewarding. In addition to more efficiently handling one’s own finances, CPAs can also use their extensive understanding of difficult tax regulations to provide assistance to their community. Barry Dufrene, for example, is a CPA with over 30 years of experience who has dedicated his energy to helping St. Mary Parish. Here’s how to follow in his footsteps:

  1. Earn a high school diploma or equivalent.
  2. Attend a college or university and obtain a Bachelor’s Degree in Accounting or another similar area such as Finance. It is important to know the requirements of the specific area where one intends on working as some states are very strict on their policies surrounding education while others allow for a substitution of hands on experience in place of a degree. Furthermore, some accounting companies and organizations might require a Master’s Degree in addition to a Bachelor’s Degree.
  3. As stated in step two, finding out the area of intended employment’s policies and requirements is crucial. In order to become certified a four part exam is always required. However, certain states in the US prefer for a prospective CPA to have several years of work experience before they can even qualify to take the exam.
  4. Once the exam is passed and area specific pre-requisites are satisfied, the title of CPA is now official. Begin looking for job opportunities or for the opportunity to open a new firm.

Barry Dufrene is a Morgan City, Louisiana resident and CPA who followed these steps and advanced quickly in the field.

St. Mary Parish Resident Barry Dufrene

St. Mary Parish is home to 26 beautiful properties listed on the National Register of Historic Places. Among these are The Arlington Plantation House, Idlewild, and The Darby House. Barry Dufrene is a native of St. Mary Parish and has dedicated his life to helping the community. He spent 32 years as their Certified Public Accountant (CPA) operating mainly in the Sales and Use Tax Department.

Established in 1811, St. Mary Parish is a unique place on the coastal edge of southern Louisiana. The population in the Parish is just over 54,000 and has a population density of 98 people per square mile. Its seat is located in Franklin which is one of the area’s largest cities along with Morgan City and Patterson. What makes St. Mary Parish different from most places is the fact that an estimated fifty percent of its total mileage is water. Because of this fact, it is a popular area for energy operations.

One example of an energy operation within the Parish is Yellow Fin Marine Services, LLC. Yellow Fin was founded in 2006 by Mike Bailey as a brokerage firm. The company now has a large fleet of vessels and is primarily focused on the exploration of the waters along the Gulf of Mexico and southern Louisiana for the procuration of oil and energy.

Yellow Fin employed Certified Public Accountant (CPA) Barry Dufrene as the company’s Chief Financial Officer (CFO) in 2013. Since then, with Dufrene’s skills as a financial advisor and accountant, Yellow Fin has continued to grow exponentially. This, in turn, has provided numerous economical resources for St. Mary Parish.

Finding A Job As A New CPA – Featuring Barry Dufrene

After graduation, finding a job can be difficult. This is because most individuals are just starting out and have limited – if any – experience in their field. This is especially true for new Certified Public Accountants (CPAs) as companies might be wary of someone with no hands on experience when it comes to handling the financial lives of others. As a CPA for over 3 decades, Barry Dufrene is very familiar with this struggle. Here’s a little information on how he was able to succeed in the area.

The good news is, due to the current state of the US economy, CPAs are desired by business and individuals alike at an all-time high rate. This is due to confusing changes made to tax compliance laws. Individuals as well as larger companies are searching for CPAs who are familiar with the new processes to keep them ethical and in good standing with the Internal Revenue Service (IRS).

A new CPA should plan on finding an entry-level position even if the ultimate goal is starting his or her own accounting firm. The experience gained – even if on a smaller scale – will be beneficial for providing a rapport with potential clients as well as offering a peek into what it will really be like to start a company. Some states even require an individual to gain several years of practical experience before he or she is allowed to take the certification exam. This can actually serve as a benefit providing hands on knowledge potential competitors may not have.

Barry Dufrene is a CPA who resides in Morgan City, Louisiana. He has over 32 years of experience and continues to use his talents not only for business but for the betterment of his community.

A Brief History of Baseball Umpires

 Featuring Barry Dufrene

A baseball umpire – also known as an ump – is the individual responsible for officiating baseball games. The function includes duties such as signaling the start and finish of each game, enforcing the game and grounds rules, handling disciplinary actions, and making judgement on plays. Barry Dufrene, for example, is a seasoned umpire who has officiated on both the high school and collegiate levels of the sport.

In the beginning years of baseball – in the mid-1800s – games were officiated by a single umpire. However, since the beginning of 1901 games have been divided among an umpiring crew consisting of several different umpires.

The umpire stationed at home plate is considered umpire in chief and thus is in charge of the entire game. The umpire in chief mainly focuses on calls involving the batter and baserunners near home plate. The term umpire in chief is often confused with that of crew chief when the two are in fact different. The crew chief is typically the most experienced umpire and therefore serves as a middle man between the umpiring crew and the league itself. The crew chief also has a supervisory role over the entire crew – assigning responsibilities with extra emphasis on maintaining unity.

While an umpire’s call on a play used to be final, the MLB now allows managers to challenge, overturn, and even officially protest those in which they feel the umpire has made an error.

Barry Dufrene was an umpire from 1996 until 2007 and even umpired for the American Legion’s regional and state tournaments in 2005.

 

Yellow Fin Marine Services, LLC - Offshore

Operations

Yellow Fin Marine Services, LLC is a comprehensive marine company in Houma, Louisiana, in St. Mary Parish. The company primarily focuses on assisting energy companies in offshore Exploration and Production operations. Originally a brokerage company in 2006, Yellow Fin now has its own fleet of vessels that can be used by its clients for E & P operations in the Gulf Coast area. Excellent customer service is what separates Yellow Fin from other similar companies in the area. Because of the staff’s long experience working exploration boats in the Gulf, they can help their clients with honest answers to their questions and expert opinions.

John Cosgrove, a member of the Yellow Fin management team since 2011, and Mike Bailey, who started the company in 2006 as a brokerage company, have 35 years of experience in the oil and gas industry combined. They know the waters around St. Mary Parish and beyond, and their crews are experts in the safe and effective use of all of the equipment that Yellow Fin provides to its customers. Since 2013, the company has been expanding rapidly, adding several vessels to its exploration and production fleet and bringing in more managers to help with the new influx of business and customers.

Barry Dufrene is a Morgan City, Louisiana native and current Chief Financial Officer for Yellow Fin Marine Services, LLC. Dufrene has decades of experience as an accountant and tax collector for St. Mary Parish and in the private sector. Dufrene still lives near Morgan City.

 

How to be a Forensic Accountant

Forensic accountants are Certified Public Accountants (CPAs) who specialize in finding fraud and other illegal activities to present evidence at an eventual trial. Their job is to find evidence of fraud and act as expert witnesses, on occasion at trial. They have four basic steps in their job: collect data, prepare data, analyze data, and report. They pour through financial records to determine if an individual or a company practiced any financial impropriety.

Becoming a forensic accountant takes many years of work and building experience. First, you have to obtain a CPA license. In every state in the United States, CPAs are required to pass a four-part test called the Uniform CPA Exam. This test grills prospective accountants on everything from government regulation to proper reporting of audits and other findings. In order to work as a forensic accountant, you have to choose to specialize in that particular CPA profession and study to understand the basic concepts of what the job entails. Next, you have to start building your experience. Almost all large and some medium-range accounting firms have specialized forensic accounting divisions, some with sub-divisions for specialized forensic accountants. Find a way to gain experience at a financial firm, and you’re well on your way to being a fully specialized forensic accountant.

Barry Dufrene is a CPA who has worked as a tax collector for the Parish of St. Mary in Louisiana for 32 years. He retired from his post in 2012, and began working in the private sector. In 2013, a new company called Yellow Fin Marine Services, LLC hired him as the Chief Financial Officer.

 

How to Start a Long and Rewarding Career as a

Certified Public Accountant

Working as a Certified Public Accountant (CPA) is very appealing to many people for many reasons. CPAs earn excellent livings because their skills are useful in government entities, small businesses, large corporations, and for individuals trying to get ahold of their taxes or finances.

Usually, to start a career as a CPA, you have to earn a Bachelor’s Degree in Finance or Accounting. Starting with this four-year degree is a requirement in most states to apply for a CPA license. Even in states that allow CPAs to substitute work experience for a four-year degree, it’s still a good idea to build a foundation of knowledge in accounting or finance before you start studying for the Uniform CPA Certification Exam.

The Uniform CPA Certification Exam is required in every state in the United States to become a CPA. The exam consists of four parts: the Audit and Attestation section, the Business Environment and Concepts section, the Financial Accounting and Reporting section, and the Regulation section. These four rigorous sections test an applicant’s knowledge of how to report audits, government tax regulation, and concepts of financial management. In some states, applicants for CPA licenses have to gain work experience by working in the financial sector in addition to completing the Uniform CPA Certification Exam.

Barry Dufrene is a Certified Public Accountant with decades of experience. He worked for the St. Mary Parish’s Sales and Use Tax Department for 32 years, retiring in May of 2012. Dufrene now works for Yellow Fin Marine Services, LLC.