Accounting When it's 4:30 pm on a Tuesday and your governmental client employees are already out the door. |
- When it's 4:30 pm on a Tuesday and your governmental client employees are already out the door.
- Guys, we've been had!
- TIL: Being promoted Senior means learning how to effectively work while being behind on projects.
- Graduating soon, and feeling lost. Any advice?
- [RANT] CAN - 24 months experience in Quebec, 30 months everywhere else for CPA
- What's the biggest thing you wish you knew before you got into working in accounting?
- Should I go to CC and transfer into a "proper" business school, or go to a no name school?
- Sounds fake but ok
- Accounting related white elephant gifts.
- Accountants who have transitioned form public to government, how has your experience been?
- Looking at $10 courses online
- Those with offers this recruiting season, what is your starting salary?
- Career Opportunities for Someone With Just a BS in Accounting
- Is it actually true that, "You are worthless for your first 1-2 years in public" or is that exaggerated and more of a joke?
- Finished FAR today
- How much do partners make per year?
- anyone here ever taken community college classes while working full time in public? is taking 2 classes doable?
- Forced to sell all my stocks...
- Industry accounting managers who work 45 hours a week (including lunch).. what gives? Is there really a good reason you stay an extra 30 minutes each night?
- [US] [CPA Exam] What do you think how the GOP tax bill is going to affect the REG Section?
- What is the lowest you have ever been in life?
- anyone taking REG (or anything else) between now and the 10th? how ready do you feel?
- question about scheduling CPA exam
- Help with 1 section of Tax Return Problem
| When it's 4:30 pm on a Tuesday and your governmental client employees are already out the door. Posted: 28 Nov 2017 04:07 PM PST
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| Posted: 28 Nov 2017 04:55 AM PST | ||
| TIL: Being promoted Senior means learning how to effectively work while being behind on projects. Posted: 28 Nov 2017 11:32 AM PST Even at a smaller firm, I've learned that a typical conversation with each partner/manager. Partner 1: "My job is priority # 1. Don't worry about the other jobs on your plate." Partner 2: "LOL, nope mine is. Just see if you can come in a bit earlier or stay a bit later." Partner 3: "Yo dawgs, y'all got it wrong. My job first. DealWithIt.GIF" Partner 4: "Do you think you could integrate this new audit into your schedule and catch up with me in a couple days?" Manager 1: "So where are with that one job I handed to you three weeks ago?" Me: "We're pretty close to being done. Just need to get a few more answers from the client on things." Also me: Phew, they bought it. In all seriousness, adjusting to my new role has been a bit of a challenge. I've never really had to be responsible for junior colleagues, nor have I had to delegate tasks. I think I'm getting the hang of it, fortunately. Should be a fun busy season. [link] [comments]  | ||
| Graduating soon, and feeling lost. Any advice? Posted: 28 Nov 2017 09:34 AM PST I am a grad student in my final semester of accounting courses with a full-time position lined up upon graduation. I've done pretty well so far in my courses (3.6GPA in accounting), and pretty well professionally. I had an internship in industry that began as a 3month offer and turned into a nearly 2year co-op while I continued my degree. I could've applied for a full-time job which would've almost been guaranteed, but I left that job for an internship in at a regional CPA firm where I will work upon graduation. All in all, things have worked out well for me, but I feel that I've lost a lot of traction this last semester. Classes are taking more effort to understand and sometimes make almost no sense. There have been assignments where I have worked for literally multiple 8hr days (homework assignments, not even projects). Maybe I'm just overwhelmed, but I feel lost. I feel a ton of uncertainty about my career. The stress from classes, and the fact that I would be the first white collar worker in my family (although not the first to finish college), leave me doing a lot of second guessing myself. Deep down, I know I can do this but the stress and doubt often leave me feeling depressed. I'm not at all suicidal, but I often wish I led a different life where I took the easy route because it feels that my family just wants me to have fun with them and can't relate to the work I'm doing. Has anyone struggled with these feelings? Is this normal stress related to life's pressures? I try to tell myself that my fears are irrational given my track record, but I can't seem to fight off that little voice in my head. [link] [comments]  | ||
| [RANT] CAN - 24 months experience in Quebec, 30 months everywhere else for CPA Posted: 28 Nov 2017 08:21 PM PST | ||
| What's the biggest thing you wish you knew before you got into working in accounting? Posted: 28 Nov 2017 02:23 PM PST Sorta serious question but just in general what do you wish you would have known? As a student i'm just trying to piece things together as best I can. [link] [comments]  | ||
| Should I go to CC and transfer into a "proper" business school, or go to a no name school? Posted: 28 Nov 2017 09:08 PM PST I am currently a 20 who hasn't done much since highschool. I decided that I want to do something with my life so I am going back to school. I am pretty set on studying accounting. I have two choices.
My goal is to get a public accounting job after graduation, preferably at a large or even the Big 4 firms. Big 4 mainly recruits from the two main universities in BC because that's where all the talents are concentrated. But they do come to small schools like BCIT to scout and there seem to be plenty of good networking opportunities when I look at its accounting club's facebook page. Which path should I take? BCIT is a lot more appealing to me right now because it would save a lot of headache of attempting to transfer. Also the one year that I can save is huge for me as I want to start my career ASAP. Cheaper tuition by 8k also means that I won't have to take out student loans although this isn't a big deal. But is the prestige and more heavy recruitment at a proper university worth the hassle and the time? What do you guys think? [link] [comments]  | ||
| Posted: 28 Nov 2017 06:53 PM PST
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| Accounting related white elephant gifts. Posted: 28 Nov 2017 06:49 PM PST My firm is having a Christmas party where there will be a white elephant gift exchange. What are some clever gifts that would go over well with fellow CPAs? [link] [comments]  | ||
| Accountants who have transitioned form public to government, how has your experience been? Posted: 28 Nov 2017 08:56 PM PST Hey everyone, I know people usually transition to private after public, but I don't see too many users talking about transitioning to government. For the people that have transitioned from public to government, how has your experience been? Also any advice for people who are interested from going public to government? [link] [comments]  | ||
| Posted: 28 Nov 2017 08:31 PM PST Would having a solid understanding about SQL, specifically PostgreSQL, be beneficial to me as an aspiring CPA? [link] [comments]  | ||
| Those with offers this recruiting season, what is your starting salary? Posted: 28 Nov 2017 09:17 AM PST Include: Size of Firm (Big 4, top 10, top 50, etc), Position (audit, tax, etc), Region [link] [comments]  | ||
| Career Opportunities for Someone With Just a BS in Accounting Posted: 28 Nov 2017 08:13 PM PST Hey everyone so this is probably a very noob question but I was wondering what are the entry level opportunities for someone with just a bachelors vs someone with a bachelors and CPA? [link] [comments]  | ||
| Posted: 28 Nov 2017 05:48 PM PST I just assumed this was true until I started thinking about how much employee turnover there is in public accounting (B4, Global & National size) and how much they pay. And also that first years are billed out at around 3x their wage. If first years really are worthless, why don't firms focus more on experienced hires rather than fresh college grads? [link] [comments]  | ||
| Posted: 28 Nov 2017 07:38 PM PST To sum up the experience, I cried when I got back to my car. And when the testing center people asked me how I did on my last section of the CPA after I finished, I said, see you next time. For the MCQ part, my questions were like 90% of the calculations, it was one after another one till the point I wanted to smash the computer and call AICPA to tell them that was super shitty of them to do that to me. After maybe 20 calculations straight, my head just went blank. I heard many of other people saying it was more like half calculation and half conceptual questions for MCQ for them. Like what the hell?! That's not fair, calculation questions are way more time consuming, they were not short questions too. And oh, what did I get after those shitty calculation question? Three DRS. I'm so mad right now. [link] [comments]  | ||
| How much do partners make per year? Posted: 28 Nov 2017 08:35 AM PST Just say your run of the mill tax partner in a metro area. Does anyone know? Edit: B4 partner to be more specific [link] [comments]  | ||
| Posted: 28 Nov 2017 09:57 PM PST | ||
| Forced to sell all my stocks... Posted: 28 Nov 2017 09:56 PM PST Depressed...Salary is so small, AND I just found out I have to sell basically all my stocks even though I'm just a low level staff and I'm not on the audit team for any of the companies I am holding! How are auditors supposed to make money? Just stay poor until you make it to senior manager? (No offense to managers, at least you get business class when you travel...) [link] [comments]  | ||
| Posted: 28 Nov 2017 09:26 PM PST | ||
| [US] [CPA Exam] What do you think how the GOP tax bill is going to affect the REG Section? Posted: 28 Nov 2017 08:50 PM PST I am seriously reconsidering starting my CPA exams studies after taking about eight months to get used to my new job. So, I contact my CPA exam provider to reactivate my account. In my discussion, she and I agreed not me to reactivate the REG section because of the GOP tax bill seriously changing the exam. She advised me to take AUD and FAR before trying to REG. Anyways, what I want to know is how is the GOP tax bill going to impact the REG portion of the exam. [link] [comments]  | ||
| What is the lowest you have ever been in life? Posted: 28 Nov 2017 06:04 AM PST | ||
| anyone taking REG (or anything else) between now and the 10th? how ready do you feel? Posted: 28 Nov 2017 07:50 PM PST | ||
| question about scheduling CPA exam Posted: 28 Nov 2017 07:30 PM PST So I have a CPA exam scheduled in 2 days. I had let my firm(B4) know about 2 weeks ago about this exam and HR had it put on my schedule. I am not ready for my exam and would like to take it next week.Also, I am unassigned during this time. Would it be a big deal if I request to move my exam day to next week at the last minute?. Also, I do work at a big B4 office, and since I have started (in September), no one has scheduled me last minute to work on a project. Is it worth it to just take the exam and not let anyone know? [link] [comments]  | ||
| Help with 1 section of Tax Return Problem Posted: 28 Nov 2017 07:16 PM PST We are currently doing a comprehensive tax return problem in my tax class. There is one section we cannot figure out involving the sale of a residence. What would be the gain or loss from this or where would that be reported on tax form? Thanks! "Clara's mother, Nova, died on July 1, 2011, leaving Clara her entire estate. Included in the estate was Nova's residence Nova's basis in the residence was $50,000. The fair market value of the residence on July 1, 2011 was $160,000. The property was distributed from the estate to Clara on January 1, 2012. The Holmes have held the property as rental property and have managed it themselves. From 2012 until June 30, 2016, they rented the house to the same tenant. The tenant was transferred to another city for work and moved out of the house on June 30, 2016. Since Phil and Clara did not want to bother finding another tenant, they sold the house on June 30, 2016. They received $140,000 for the house and land ($15,000 for land and $125,000 for the house), less a 6% commission paid to the broker. They had depreciated the house using MACRS rules and conventions applicable to residential rental real estate. To compute the depreciation on the house, the Holmes had allocated $15,000 of the property's basis to the land. " [link] [comments]  |
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