Accounting Do you know anyone that got a Finance job with an Accounting degree? Don’t upvote. |
- Do you know anyone that got a Finance job with an Accounting degree? Don’t upvote.
- Me during recruiting...
- What's the funniest interaction you've had with a client?
- If accountants are supposed to be detail oriented why you still using 2017 in January dates
- Pwc is banned from auditing listed companies for two years in India
- So apparently zeroes aren't important
- Seniors: How was your first engagement after your promotion?
- Not so hot
- How to prepare for 1st busy season
- Tax accountants, how did you prepare for your first busy season?
- Should you ever record an expense in an accrued liability account?[US GAAP]
- Deloitte application (summer student Toronto) - need advice
- 1st busy season q
- Is this an acceptable answer to "What would you do if you couldn't meet a deadline?"
- White Collar is the New Black (xpost)
- (Canada) CGA/CPA Perc finalized, what now?
- First year at Big 4 struggling
- Tax versus General Accounting Jobs
- Listing jobs on LinkedIn?
- Certified Fraud Examiner (CFE) certification worth it?
- Read an article stating that Americans work more hours than Canadians
- Forensic Accounting
- Looking for some career advice! any opinions would really help
- Best way to learn QuickBooks enterprise?
| Do you know anyone that got a Finance job with an Accounting degree? Don’t upvote. Posted: 10 Jan 2018 01:29 PM PST How did they do it ? What experience and qualifications did the employer looked for when they got the job? What position did they end up getting into? Thanks in advance. [link] [comments]  | ||
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| What's the funniest interaction you've had with a client? Posted: 10 Jan 2018 02:41 PM PST I went to speak to one of the junior accountants at the client, unfortunately he had very clearly fallen asleep at his desk. I lightly cough and say hello, to which he woke up with a jolt. In his half asleep panic, he suddenly stood up and smacked his face into the wall, promptly apologised to said wall and shook hands with a plant. Astounding. [link] [comments]  | ||
| If accountants are supposed to be detail oriented why you still using 2017 in January dates Posted: 10 Jan 2018 10:26 AM PST | ||
| Pwc is banned from auditing listed companies for two years in India Posted: 10 Jan 2018 08:01 PM PST
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| So apparently zeroes aren't important Posted: 10 Jan 2018 04:13 PM PST
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| Seniors: How was your first engagement after your promotion? Posted: 10 Jan 2018 03:32 PM PST Hey everyone, I wanted to get some insight as to how new seniors felt about their first audit they were promoted. When I was promoted, the first engagement I had was a shit show only because the client was never audited and their former accounting team really had no idea what they were doing, leaving the current accounting team responsible for recreating the wheel for the client...then us auditing their recreation of course. Overall, the audit was not pleasant as I made many mistakes (mostly in communication) and the client was exasperated with the process and how long it took because their books were so shit. There were a couple of times where I wanted to quit because I felt like such a novice. However, I was able to regroup and note the mistakes I made and why they'll never happen again. Thankfully this didn't happen during busy season, but I'm glad it happened before this upcoming busy season. With that said, I'm sure other seniors in this sub who are at firms much bigger than mine have had much better experiences on the first engagement. "Let's discuss" [link] [comments]  | ||
| Posted: 10 Jan 2018 05:56 PM PST I just had a video interview and I don't think I did so well. I'm feeling kinda devastated...losing the will to stay on top of my studies. Just another annoying kid whining I guess, thanks for letting me vent out, gonna go nap now [link] [comments]  | ||
| How to prepare for 1st busy season Posted: 10 Jan 2018 09:25 PM PST I will be starting at my firm in a couple of weeks where I will mostly be doing 1040's with all related schedules. This will be my first time ever doing taxes that are not my own and I figure people only go to CPA's if they have way more items to input that someone who just worked 40 work weeks with no other assets or income. Where would be the best resource for me to review topics that would help me out? [link] [comments]  | ||
| Tax accountants, how did you prepare for your first busy season? Posted: 10 Jan 2018 08:48 PM PST Hey everyone, I'm an undergrad senior interning at a regional US firm doing tax for the first time. I've had general accounting experience and a tax class, but never a tax internship. What do you recommend that I look into to prepare? The firm has obviously been training me, but does anyone have any additional tips? Thanks! [link] [comments]  | ||
| Should you ever record an expense in an accrued liability account?[US GAAP] Posted: 10 Jan 2018 11:47 AM PST I have many years of accounting practice. I have always held to the principle of accrue and reverse. Once the expense has been recognized in the appropriate income statement account, usually via an AP invoice, you stop accruing. My younger colleagues however, like to accrue and then record the expense against the accrued liability account, charging off any variance remaining to the appropriate expense in something they call a "trueup" journal entry. I feel it is incorrect to record an expense to a liability account. It obfuscates the audit trail and does not clearly state the expense transaction in the income statement general ledger details. Who else routinely records expenses in the accrued liability account? Am I wrong to think of this as lazy accounting? Accrual reversals are integral to accrual accounting. To by pass the reversal is sloppy accounting at best. [link] [comments]  | ||
| Deloitte application (summer student Toronto) - need advice Posted: 10 Jan 2018 06:16 PM PST Hello r/accounting, https://i.imgur.com/QIwncCw.png I'd like to humbly ask for your help with my application to Deloitte. I'm applying to a summer student AP position because I'm going to transition to uni in the fall. My college does not have a recruiting relationship with them, but I want to improve my chances by as much as possible. I tried my best to condense my experience to 1 page. I have been really active this past year (since landing a tax gig at PwC in 2017) and I used that as a stepping stone to have a productive year. I really don't want to do any more tax so it would be nice to get B4 exposure in something like AP. edit: I'm 1/5 when it comes to Big 4 applications. I feel I got lucky with PwC... but then again I feel that I've improved compared to last year. edit 2: My concurrent jobs/contracts are all <20 hours or weekends/remote. The reason that I can juggle the contracts while studying is because I only have the easy courses left for my last 2 semesters. I took care of the intermediate accounting courses at night during the previous summer. [link] [comments]  | ||
| Posted: 10 Jan 2018 12:51 PM PST What are the small things that I should bring to the client site for my cube that I might not think of until I need/want it? Like small things that will make my life seem a bit better during busy season. What do you like to keep at your desk? Ie: my own mug, Kleenex, water bottle [link] [comments]  | ||
| Is this an acceptable answer to "What would you do if you couldn't meet a deadline?" Posted: 10 Jan 2018 08:11 PM PST My answer: I would first assess how much work I have completed and try my best to use my resources such as asking other peers for help before letting my senior know that I cannot make the deadline. If I am unable to finish the work, I would let the senior know beforehand and reflect on how I can prevent this from happening again. [link] [comments]  | ||
| White Collar is the New Black (xpost) Posted: 10 Jan 2018 07:51 PM PST
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| (Canada) CGA/CPA Perc finalized, what now? Posted: 10 Jan 2018 07:36 PM PST So I've passed my exams years ago, finally got my PERC finished and submitted right before the Christmas break. I just got an email saying the following:
So I went to my PERC file, the reviewer note referneced above says: "Jan 10, 2018 - Subject to PERC – Approved. [Name] has obtained a professional level of experience as a Team Accountant [date range] for XX months. [Name] has demonstrated the PERC minimum requirements for certification. " So is that it? They'll notify me when they certify me? The tail end of that email makes it sounds like they're expecting more of me, but that could be because it's a generic-catch-all email. The conclusion is probably obvious, but I'm just excited and want to make sure I'm not missing anything. Thanks. [link] [comments]  | ||
| First year at Big 4 struggling Posted: 10 Jan 2018 10:19 AM PST I've been working at a B4 doing audit for little over 4 months now, and I'm really struggling with the feeling of my work being meaningless. I had an existential breakdown over the holidays where I was dead set on quitting and joining the Marines. Am I going crazy? Or is this feeling normal? I knew public accounting was going to be rough, but I didn't count on this kind of despair. Edit: thanks to everyone who has commented. I know this is probably a pretty common feeling to have at this point, but I appreciate being able to talk to people who have been in the same place I am now [link] [comments]  | ||
| Tax versus General Accounting Jobs Posted: 10 Jan 2018 06:57 PM PST So I did tax at a big 4 for four years and decided to quit and take a break. I wanted to try something new and apply for more general accounting jobs (e.g GL operational accounting). Now I'm currently conflicted if I should go back to tax or start over again and do audit. I had a very nice discussion with the hiring manager who bluntly told me that making the switch without being very sure would be a career mistake. I would be behind more experienced people who have done audit. It's not like I hate tax, it was more that I felt I wasn't serving a good purpose. I was cranking tax returns and didn't feel like it benefited anybody. I feel if I at least worked for a company that I believed in, I would be fine with tax. But it's hard for me to say I'm sure I wanna switch since I haven't had experience in it. Are there any people out there who have done both tax and GL accounting? Or just someone who has done GL accounting?! What do you dislike or like about it? Would love some perspective to make my decision easier... [link] [comments]  | ||
| Posted: 10 Jan 2018 12:43 PM PST So I've currently got an intern position at a large national firm for the spring, but the coming summer I'll be interning at one of the Big 4. My question is, if I list the current internship that I have now will it impact how I'm viewed at the other firm? Any chance it will harm my chances for getting a full-time position at the other firm? [link] [comments]  | ||
| Certified Fraud Examiner (CFE) certification worth it? Posted: 10 Jan 2018 06:28 AM PST I've moved into a PMP role (~2 year cycle) but will eventually move back to a technical accounting/internal audit role and want to make sure I stay on top of any technical skills I may have had for when I transition back. Is a CFE certification worth it? How is it seen in the industry? I'm in Big 4 Advisory with a focus in internal audit/controls. I also have a newborn at home so as much as I'd like to focus on CISA or CPA, likely not doable at this time in my life. Thanks! [link] [comments]  | ||
| Read an article stating that Americans work more hours than Canadians Posted: 10 Jan 2018 07:48 AM PST It compared 47 hours/ week in America vs Canada 36-40 hours/ week in Industry I'm obviously assuming. How true is this for you? Also more vacation time in Canada vs America/ more breaks in Canada. How many hours do you work in Industry atm? [link] [comments]  | ||
| Posted: 10 Jan 2018 10:23 AM PST Hey all! Fairly new here, I'm an accounting major finishing my undergrad in the fall. Both of my parents are CPAs and I guess that's my plan for now as well. However, I was reading a bit and found something called forensic accounting. It seems insanely interesting, and being that I entered college as a crim major it even relates to my original intentions. Was curious if anyone had any experience or advice or anything like that for a youngin like myself! I'm 22 and currently going to a school on the east coast of NC. Thanks in advance! [link] [comments]  | ||
| Looking for some career advice! any opinions would really help Posted: 10 Jan 2018 09:30 PM PST I am 23 years old and feel like a disappointment ....I have been working warehouse general labor jobs all my life and I am tired of it and more than ready to make a change.I enrolled in an apprenticeship in sheet metal (construction) making about 18 an hour but i quit the first week. It just didn't feel right , even though the pay was going to be great i could not picture myself getting out of bed and doing that back breaking work everyday. I have been struggling to find the right path for me and have realized the only way out of manual labor jobs is to get a 4 year degree. I know I want to get into finance because its the major that interests me the most. I am going to enroll in my local community college and saw they had an economics and business degree for transfer , I will be working full time while attending school. My question is , will getting an associates get me a semi decent job until i finish the 2 last years at a university? from the research i have done an economics associates does not open any doors. so will i have to stick to my warehouse job for the entire 4-5 years? can i get any associates and then switch to finance once i transfer? [link] [comments]  | ||
| Best way to learn QuickBooks enterprise? Posted: 10 Jan 2018 08:48 PM PST I recently got an internship (yay) for a private company who uses QuickBooks enterprise. I used to use QuickBooks online for a school club, but enterprise is much more complicated and I have no idea what I'm doing. Don't want to explain too much about my situation since it will probably out me. But I'm going to have to learn a ton of it by myself. Also the last person in the job made a ton of mistakes so we are going to have to fix that as well. Does anyone have experience with it or know good websites to learn it? I will be primarily doing the A/P and A/R stuff starting out [link] [comments]  |
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