Accounting The REAL worst part about taking the CPA exams |
- The REAL worst part about taking the CPA exams
- TFW you're finding your way to the cab/subway after the company holiday party (wait for it)
- I'm so fucking tired of Tim calling me a part of his Gang
- Initial D(ebits/Credits)
- I utterly f&*cked up my entry level accounting position. After 4.1 years teaching English abroad, I'm thinking of going back into it.
- Just took REG. Not sure if I agree with the breakdown of the test . . .
- For Fun, I did some math on relative hours and salaries over a number of years.
- Low level accounting position with no qualifications. Looking for guidance on where to go next. CMA? CPA?
- When will the first accountant go into space?
- Found on r/politics and didn't see it here. Deals with Corp AMT, found it interesting
- Other certifications paired with CPA
- Who has the best vacation planned before year-end?
- What's the ceiling without the CPA license?
- [Canada] Benefits of doing a MAcc program (Alberta/Saskatchewan) and writing the CFE versus going the traditional regular CPA route
- Trying to calculate effective rate of interest
- [CAN] CPA BC preparing Assurance Mod and Tax Mod Exam (Dec. 21 and 22) - Seeking advice for studyplan
- *Noob Excel* Can anyone help me out- how do I figure out the "0-30" column
- QuickBooks Support – Business Assisting Company
- Taking BEC very soon
- Do I hate Big 4 or is it just a bad team?
- Incoming PwC Summer Intern (NYC)- FS or Non-FS? Which industry to pick?
- [CAN] CFE Failed Day 1 Twice
- PwC FTN salary
- Entry level IT Audit Salary Range
- QuickBooks Free Trial Extension
| The REAL worst part about taking the CPA exams Posted: 04 Dec 2017 04:10 PM PST Just got home from FAR... feels like the AICPA just played a sick joke on me. And now we spend the next 15 days on an emotional rollercoaster that ranges from "You know what, I'm probably being irrational.. Im sure i got like a 95" all the way down to "I wonder if my Mom will still love me when I tell her I got a 45." Thoughts and prayers folks. [link] [comments]  | ||
| TFW you're finding your way to the cab/subway after the company holiday party (wait for it) Posted: 04 Dec 2017 09:27 AM PST
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| I'm so fucking tired of Tim calling me a part of his Gang Posted: 04 Dec 2017 01:22 PM PST Every time I hear it I just think of Tim trying to win a turf war [link] [comments]  | ||
| Posted: 04 Dec 2017 09:52 AM PST
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| Posted: 04 Dec 2017 06:06 AM PST Greetings. I graduated in 2008 with a bachelors in Accounting. I worked as a bookkeeper (medium sized credit union) for about a year and a half. Failed at it quite hard. Basically almost got fired. During a conversation about what to do with me, I asked for some time to think, which was my way of quitting. Reasons why I think I failed I was having too much fun. Living with my best friends. We smoked a lot of pot. I never did it before work, but, smoking weed until I fell asleep every night wasn't good for me. No back bone. Scared to speak up about problems. Would often just 'put up with' problems instead of fixing them That happened about 5 years ago. I've been teaching English in Korea ever since. Love it, but I also love money. My failure still haunts me. Either I'm curious about trying again, or, didn't learn some lesson. Failed to see how my entry level job could've led to more interesting stuff. Attention to detail isn't my best strength. But, after enough training I could get it to a passable level. Likes: My day went by really fast. The only job I had where I didn't want time to go by. Felt pretty good when shit balanced out with no problems. I liked investigating things. Dislikes Sitting down all day. I have long legs, so getting up and moving around is nice Boring / Tedious (what entry level job isn't?) Focus on being right. I value getting done over getting it right, but I'm aware some things have to be perfect. Personality Clash I think there might be a bit of a personality / strengths clash with the low level accounting careers. I'm laid back, silly, and like to think on my feet. My plan is to grind out a year or two of shit work and move onto something more interesting (business/finance/accounting related). Ready to work hard, promote my strengths, compensate my weaknesses. I love living abroad and would love a career path that involves working in a foreign country or with foreign clients. TL:DR & Questions In 2012 I failed in my entry level bookkeeping gig. Got a job teaching English in Korea in 2014. Love teaching, love leading a classroom, but, I wanna make some real damn money. So thinking of going back to accounting.
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| Just took REG. Not sure if I agree with the breakdown of the test . . . Posted: 04 Dec 2017 07:55 PM PST The one I took was 5% law, 10% Schedule A, and 85% basis calculations. But, thanks to Peter Olinto, I now know everything about bankruptcy. Which is a good thing because I am about to claim that giving up on the CPA exam, thus destroying career, caused an "undue hardship" so I may have a shot at settling my student loans. [link] [comments]  | ||
| For Fun, I did some math on relative hours and salaries over a number of years. Posted: 04 Dec 2017 12:46 PM PST I thought it would be fun to compare change in pay relative to change in hours over my career. I started at a mid-sized local firm and moved into boutique tax and advisory work. This is only based on busy season hours. The relative changes should still be reasonable, since off-season hours are mostly constant. Here's the fun facts:
Obviously in our careers there are a lot of other deciding factors for job satisfaction. I gained and lost, friends, opportunities, flexibility, and probably a variety of other things along the way. [link] [comments]  | ||
| Posted: 04 Dec 2017 03:45 PM PST I am in my late 20's and have a bs in business administration and am in a roughly entry level accounting position with a large company in the meat processing. I handle product costing and inventory count reconciliations for several large freezer facilities and a few general journal entries per month to account for interstate product transfers. Looking ahead, I'm really not sure what I should do next. My five year plan includes moving to a higher COL area (Nashville), and I'd like to be making 75+ once I'm there. So my question is: what should I be doing now to get to that point? The credits I need for a bs in accounting are attainable within 18 months, and I could then start working on a cpa certification. From what I can tell, I'm nearly qualified to sit for a CMA certification, but I don't know how helpful that really is. Any guidance is greatly appreciated [link] [comments]  | ||
| When will the first accountant go into space? Posted: 04 Dec 2017 10:02 AM PST I mean how are we supposed to ask the astronauts if they know of any financial misrepresentations or crimes being committed if they're all the way up there? [link] [comments]  | ||
| Found on r/politics and didn't see it here. Deals with Corp AMT, found it interesting Posted: 04 Dec 2017 01:14 PM PST
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| Other certifications paired with CPA Posted: 04 Dec 2017 08:21 PM PST I am wondering if any other certifications along with a CPA are valuable (meaning the benefit is greater than the cost of obtaining the certification). For instance, how does obtaining a CFE help in an accounting role or vice versa? Does a JD add much to a corporate accounting position? [link] [comments]  | ||
| Who has the best vacation planned before year-end? Posted: 04 Dec 2017 10:22 AM PST | ||
| What's the ceiling without the CPA license? Posted: 04 Dec 2017 09:46 AM PST I have thoughts creeping back into my mind of going back to finish the other three parts of the exam, I guess because friends and a lot of people I went to school with have it. But I wasn't strong enough to finish the first time around and personally don't want to go through that again. So I'm wondering roughly/generally how high I can reach in terms of salary and title in industry or government/NFP. My entry-level role at an NFP started around ~$45k. [link] [comments]  | ||
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| Trying to calculate effective rate of interest Posted: 04 Dec 2017 01:39 PM PST ABC Company sells 10% bonds having a maturity value of $2,250,000 for $2,087,794. The bonds are dated January 1, 2017, and mature January 1, 2022. Interest is payable annually on January 1. Here's what I did: https://i.imgur.com/POXREN5.jpg Rounded it to 8%, but that's wrong. I know this problem should be easy, so I'm getting kinda frustrated about how I cannot figure this out. Thanks for any help. EDIT: I know the discount is 162,206. There has to be some way to use the discount, stated rate, maturity value, and purchase price to solve for effective rate. EDIT2: Pretty sure the answer is 10% or 61%. The question says, "Determine the effective-interest rate." Not sure if that's per period or overall. [link] [comments]  | ||
| Posted: 04 Dec 2017 02:45 PM PST Hi guys, so this is a very broad question and I am guessing it may be an odd question to ask but I would love to hear some advice. So at the current point I have full 15~16 days (I am taking study leave) at my hand to study these two exams. My background is Tax and I have no audit work experience and so far I have found doing audit mod to be harder and would probably have to put more effort than Tax mod. (When I make errors in Tax mod, I can read solution and figure out what I need to do in the future where as in Audit mod, I find myself doubtful whether I will be able to apply what I learned from my mistakes to other questions and cases) For assignment wise, I have finished all my tax cases so I just need to review feedback I will receive for week 6~8. For audit, I am about half done with my week 7IC and planning to finish week 7 IC and PC by end of today and will probably finish week IC and PC hopefully by tomorrow noon. If you were in my shoe how would you spend the remainder of the time to ensure passing on both mod exam? Thank you in advance for your advice. Much appreciated. [link] [comments]  | ||
| *Noob Excel* Can anyone help me out- how do I figure out the "0-30" column Posted: 04 Dec 2017 06:30 PM PST
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| QuickBooks Support – Business Assisting Company Posted: 04 Dec 2017 09:57 PM PST If you are looking forward for a tool which can assist you in your business then QuickBooks is here for you. This is a business tool which lets you streamline your financial transactions in a promising manner. You can also call our QuickBooks Support Number (877) 690-7074. [link] [comments]  | ||
| Posted: 04 Dec 2017 09:27 PM PST I know everybody says "know COSO and IT" and I've answered every single MCQ WileyCPA offers on both those topics. I'll review both again tomorrow. I do have a question about other topics in general. I've spent a lot time studying these but don't know how heavily I should review the following topics: Microeconomics Macroeconomics INTL economics I've also tried to memorize evaluation (payback, disc. Payback, ARR, NPV, IRR) should I not waste time? Memorize formulas? Finally, operations management is what I really want to talk about. I want to slap myself in the face twice when I look at this section. I've reviewed and reviewed and just can't get down this section down. From any type of costing to variances (fml) to equivalent units (fml harder). I really want to get lucky when it comes to this section. Any tips? Should I spend my last day completely trying to get this down or is it not heavily tested? (Yeah right) Every time I take an exam I never feel prepared but I really feel somewhat lost on this. BEC is a beast just because of how many different topics it tests you on and I'm feeling overwhelmed. I'm praying to every God I miraculously get lucky and get tested on subjects I know but I doubt that happens. Please help😶 what should I definitely absolutely know. Any words of advice is appreciated. [link] [comments]  | ||
| Do I hate Big 4 or is it just a bad team? Posted: 04 Dec 2017 09:27 PM PST Just started at a Big 4 this summer thinking that it wouldn't be as bad as everyone says, but I'm dragging myself just to get to work. Mind you, I've worked in a variety of industries at corporations larger than Big 4 and I've never dealt with the politics that exist on my engagement. I always thought I'd stick around until I make manager and then move on, but honestly I'm not sure how people last two years without going crazy o_o [link] [comments]  | ||
| Incoming PwC Summer Intern (NYC)- FS or Non-FS? Which industry to pick? Posted: 04 Dec 2017 10:50 AM PST I'm senior in college right now, double majoring in accounting and finance. I'm going to grad school after to complete my 150 credit hours. I accepted an internship position for this upcoming summer with PwC in NYC. I was wondering for those who've worked in any of the below industries, do/did you like it and what are/were the pros and cons? Also I don't plan on staying at PwC long term (3-4 years max), but I'm not really sure what I want to do after which is why I'm curious about the experiences and exit opportunities people have had in these industries. Industry Choices: Financial Services:
Products & Services (Non-FS)
Private Company Services [link] [comments]  | ||
| Posted: 04 Dec 2017 05:52 AM PST I can't seem to figure out Day 1 and have failed the Day 1 exam twice. I have one last chance to pass Day 1 on the September 2018 CFE. I tried to get in touch with CPA on Friday, however had no luck. Does anyone know next steps? Do I have to retake Capstone 1 and Capstone 2? Any tips for Day 1? I was told Day 1 is easy but for some reason I can't figure it out. I am going to order a PAR as well to help me figure out where I went wrong. [link] [comments]  | ||
| Posted: 04 Dec 2017 08:52 PM PST What is the salary for a seasonal auditor specifically in Canada but also in the US? I know they get paid overtime but wondering what the salary is like? Anyone here work as one? [link] [comments]  | ||
| Entry level IT Audit Salary Range Posted: 04 Dec 2017 05:03 PM PST My Background:
I want someone with experience to give me a fair salary range for each category below for someone trying to get an entry level IT audit position in CANADA and USA. Eastern Canada (Ontario, Quebec, maritimes)
USA (I'm thinking the salary is higher than in Canada)
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| QuickBooks Free Trial Extension Posted: 04 Dec 2017 02:38 PM PST Has anyone successfully used up the free trial period that QuickBooks Desktop offers, deleted the program, and managed to re-install a free trial? [link] [comments]  |
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