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    Friday, January 5, 2018

    Accounting MRW I just want this provision to be over....

    Accounting MRW I just want this provision to be over....


    MRW I just want this provision to be over....

    Posted: 05 Jan 2018 10:52 AM PST

    Am I a BASTARD?

    Posted: 05 Jan 2018 01:08 PM PST

    I have a really superb opportunity if I want it. 30% salary raise and benefits and retirement etc which my current small firm does not have. The position starts in February (right before tax season). I have had so much guilt about leaving this small team of 7 people right before our busy season but in my heart I know I will be much happier. Am I stupid for feeling guilty? Not sure how to handle this impending breakup. Thoughts??

    submitted by /u/tammysnephew
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    What's an example of "basic bro" in your office?

    Posted: 05 Jan 2018 03:36 PM PST

    Dress for busy season intern (B4)

    Posted: 05 Jan 2018 06:53 PM PST

    Hi all, I was wondering what "business casual" meant for my upcoming busy season internship in a relatively large Midwestern city (think Pittsburgh, Indy, etc.). I was thinking nice pants, dress shoes, collared shirt, but I was confused if pullovers and/or vests are also acceptable. Thanks!

    submitted by /u/rebcats123
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    What is a job in corporate tax like?

    Posted: 05 Jan 2018 10:34 AM PST

    I am a CPA who currently works in tax in a public accounting firm. I have worked full time for almost 3 years, and I also did 2 busy seasons as a tax intern. Lately, with the idea of starting a family and having a baby, I am starting to question if I could really handle public accounting and being a mom. I love the crazy busy season hours, and I love the fast pace of this career, but I worry that if I go part time, I won't be the employee I want to be.

    Lately, I have been exploring the idea of corporate tax. For those out there who work a job in corporate tax - can you tell me what its like? What do your work weeks look like? What kind of work do you get to do? If you've been in public then went to industry, how do the jobs differ and are you happy you made the switch?

    submitted by /u/MrsBlueCar
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    How are Masters Degrees in Accounting viewed in the industry?

    Posted: 05 Jan 2018 10:01 AM PST

    I am currently attending Bentley University for my masters and am wondering if it is viewed differently in the industry than a bachelors degree and if so, how? My UG is in international business and have only worked in operations roles since graduating.

    submitted by /u/rfontana425
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    how long is your commute?

    Posted: 05 Jan 2018 05:56 PM PST

    Leaving Public Accounting in a Tax Reform Year

    Posted: 05 Jan 2018 03:26 PM PST

    I've interviewed with a smallish company (they have well over 100 returns and are in a few different states). The pay is not going to blow me away, but it would be better. The big kicker is a vast majority of their returns are simple and I've been guaranteed that the work/life balance is excellent. I was told I would never need to work overtime, and that I would have even more flexibility during off periods.

    Now the bad. I am uncertain how much upward mobility there is. I am thinking this is a someone leaves, dies, or retires type of thing and I could be stuck in the same position for years. I am an ambitious person and the thought of not advancing kind of makes me feel ill. Granted, I am sick and tired of PA and I am sick and tired of working OT. I am thinking I could probably channel my ambition outside of work and find other things to help me feel fulfilled with my new free time. Overall I think I would be happier in the same position for years, but with a lot more free time to do what I want with.

    BUT WAIT! We now have tax reform and I wonder what impact this will have on my career if I leave now. If I do ever decided to make a change, leaving public right when the new laws go into effect, I think could impact how recruiters see me. Granted, I will still be doing tax and I will maintain my CPA, so maybe that will help, but still I am a bit of a worrier.

    submitted by /u/SlackCaw
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    Free Talk Friday

    Posted: 05 Jan 2018 10:05 AM PST

    Welcome to 2018!

    Hopefully those of you going into busy season are easing your way into the grind and not just getting completely dunked.

    Got upgraded to first class today since I finally got status commuting across the country!

    submitted by /u/its-an-accrual-world
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    Anyone take AUD in Q1 2018 yet?

    Posted: 05 Jan 2018 08:50 AM PST

    If so how was it?

    submitted by /u/SUBZEROBRO
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    Best way to deal with micromanaging senior

    Posted: 05 Jan 2018 10:25 AM PST

    I'm fairly new to the company and I was assigned to a project but we're about 2 months in and I've done barely any work on the project because the senior insists on handling things themselves. I'm starting to get worried that I won't meet year end hours goals so does anyone have any tips for helping coax some work out of someone who doesn't want to delegate?

    submitted by /u/tryingtohard1235
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    Hardest part of the new year

    Posted: 05 Jan 2018 08:25 PM PST

    Is writing 2017 instead of 2016!

    submitted by /u/bjacks12
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    Any accountants in Tulsa, OK familiar with figuring out taxes owed from cryptocurrency profits?

    Posted: 05 Jan 2018 10:59 AM PST

    How appealing will I be in a job market?

    Posted: 05 Jan 2018 05:50 PM PST

    Hi guys, just wondering about my future. This will be my 2nd busy season in a very small public accounting firm. I'm going to try to get my CPA after tax season and move to a bigger firm. Will this be a difficult transition to make? Will I be an appealing hire? Would I even be considered for an entry level Big 4 job if I pass my CPA? Thanks.

    submitted by /u/SmallAccountant
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    How much does the company you work for affect your job satisfaction/sense of fulfillment

    Posted: 05 Jan 2018 07:33 PM PST

    I know a lot of people say they just get into accounting because they didn't have a "passion" in college and that "a job is a job", but have those people considered going to a company that maybe follows their passion (whether it may be space, electric vehicles, etc,) so they play a key role in the company or just feel better about their job? Or does it actually not matter at all?

    For example, if someone is passionate about space, and is an accountant, they would try to work for NASA or JPL or something. It this unrealistic?

    Would any of you take less pay to get into a company that maybe fits your passions that you couldn't major in?

    I'm not really talking about the "kinds" of people in your job, even though that plays a huge role in your satisfaction, I'm mainly talking about being a company's accountant (for a company you share the same goals as) vs being an accountant for clients (but maybe getting more pay, and following the "job is a job" mindset)

    submitted by /u/omeez
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    What matters when going from B4 public to industry?

    Posted: 05 Jan 2018 02:08 PM PST

    Let's take a hypothetical situation, of a B4 senior looking to jump to industry in tech:

    1) Does it matter what B4 firm you come from? ie. EY claims to be the leader in tech

    2) Does it matter if you haven't been on many tech engagements/didn't specialize in tech?

    3) Is there anything that matters other than merit when going to industry?

    I've also heard it doesn't matter cause audit is ubiquitous across industries. I appreciate all the opinions and feedback I can get!

    submitted by /u/Newcastle2
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    Confused About CPA Jurisdiction

    Posted: 05 Jan 2018 07:03 PM PST

    Long time lurker, first time poster. So I'm starting the process to apply for the CPA but I am confused about jurisdiction. I live in Kansas, go to school in Missouri and have a FT job offer in Missouri starting this fall. I do not currently work in the state of Missouri. Which state do I use for jurisdiction?

    For reference here are the residency requirements for Missouri as I know I meed the Kansas requirements.

    Missouri: A resident in Missouri, be regularly employed in Missouri, or have a place of business in Missouri

    I am unsure if having a job lined up constitutes "be regularly employed in Missouri"

    Any help would be much appreciated, thanks!

    submitted by /u/rma8295
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    Remembering concepts/formulas for BEC?

    Posted: 05 Jan 2018 07:02 PM PST

    How do any of you remember all these concepts or worse, all these formulas for BEC? Just a little background- this is my last exam ( thank god). I'm stressing over it since busy season is coming up, and my time is running short to take the exam ( only 2 weeks left till I am assigned to a client). Planning on completing B4 which will be the last module I need to cover. Overall I honestly do not know crap. I can't remember any formulas to save my life. How do I tackle BEC, espically with 2 weeks left and scoring like 50-60% on mcq. All the other 3 exams I felt like I had a very thorough understanding, but memorizing a billion formulas is not something im best at. Any advice wo upd be great? Also these mcq are extremely long in length and calculation, that's also demotivating me to.

    submitted by /u/n_i123
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    Why should I avoid AR, AP, payroll, etc for my first job?

    Posted: 05 Jan 2018 06:58 PM PST

    Hi, guys. I will be graduating this semester and the only somewhat relevant experience I have is VITA. I've been reading a few posts on here and some say that recent graduates should avoid getting AR or AP clerk roles, while others say it is a good way to get your foot in the door. I would like to hear more opinions on this topic. I've been looking at Staff Accountant roles and most require around 2-3 years of experience. I'm worried that AR and AP clerk type of jobs will be the only ones I can get. Can I get a Staff Accountant job with very little experience?

    submitted by /u/AnotherOne7
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    what is this position??? +advice welcome

    Posted: 05 Jan 2018 10:27 PM PST

    Hey, I don't post a lot, mostly a lurker but need some opinions. I am an accounting student that got hired as a payroll/accounting specialist a couple months ago. Pretty much getting thrown in the fire and trying to figure stuff out on my own. But anyways...

    What they got me doing is running reports of employee's insurance enrollments, finding out department totals, reconciling against billed invoices and requesting the checks. My question is basically whats the difference from what im doing and an AP accountant? and last question is, do accounting firms look down on payroll? would this hurt me if i put Payroll & Accounting specialist vs. Accounting Specialist (omitting the payroll?). I ask because I grad in fall and getting a little anxious and nervous.

    Thanks in advance for any help..

    submitted by /u/gakkdoogi
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    I assumed that every job is equal, that there is no such thing as an interesting job. That is why I picked accounting. However after experiencing a few months of 100 hour work weeks, I tried to kill myself. I quickly realized accounting might not be for me. Do you enjoy accounting?

    Posted: 05 Jan 2018 06:30 PM PST

    The fundamental principle has always been a feeling of being entrapped: entrapped in a job, entrapped at school, entrapped in an abusive household.

    It has made my every choice, every decision. I rarely even think of fulfillment or happiness, it is mainly "which choice feels less entrapping."

    I changed college majors to accounting for that reason. I thought jobs in general are going to be horrible and I needed to find something that at least talked about employment/getting hired. And once I got a job, I would just quickly save so I could retire and get the hell out of this miserable existence.

    Well that I never really worked and all those feelings of being entrapped came back in full force.

    And another realization: the root of most evils are created due to the soul sucking nature of the work place and how much time it consumes. Evils in apathy and lack of urgency create a population of dull, uninspired individuals.

    Fast food is a huge environmental issue but many will not break the addiction because they are in a time crunch.

    Though from reflection the only time I believe I felt happy and less entrapped was when I was curious and learning about my morbid interests: warfare, disease, massacres, programming, hacking, rewiring people's minds, autopsy, brain injuries, natural disasters, and propaganda.

    Basically I have this huge push to develop a kind of tool-set towards anti-human topics to, ironically, understand how humans function better on a more even playing field. But man, I get a huge sensation of joy whenever a hurricane demolishes the absolute hell out of a location or watching old tsunami videos.

    There is something alluring about the unacceptable nature of a force so large that makes us seem so insignificant.

    And so, do you believe jobs are also on this level? Are they inescapable? Are they all equal? Do they just all plainly suck?

    submitted by /u/A_Stupid_Moron
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    Resume critique

    Posted: 05 Jan 2018 06:19 PM PST

    Recently passed the exam last month. I interned at a regional accounting firm during my last two years of school. Did not bother too much with networking and got a full time offer after finishing school. They fired me after 3 months because I was not the right fit for the firm. (It was basically an extended internship for some summer audits)

    I know what I need to do different now and want to go back into public to further my career. I have not been getting the attention I thought would be getting having just passed the exam and want to know if is my resume.

    Thank you guys for any help. Figured Friday night would be the best time for this.

    https://imgur.com/7ARXeWC

    submitted by /u/throwawayyyyyyy23152
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    With the good job numbers released today, what markets in Canada are the best for CPAs right now?

    Posted: 05 Jan 2018 09:49 AM PST

    I graduated with a CA in 2011, considering moving out of NL due to the crap economy and looming doubling of our electricity rates.

    submitted by /u/NerdMachine
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    Has anyone stayed in public accounting long term (6+ years)?

    Posted: 05 Jan 2018 03:35 PM PST

    I see most people here stay in public for a couple years or until they hit manager and then move into an industry position. But does anybody stay even longer? Wether you stayed at a big firm for a few years and then jumped ship to another smaller firm or vise versa.

    For those that did decide to stay, why? Is it for the pay? Or do the hours get less with experience? What was your role? As you gain experience how did your responsibilities change?

    I'm really Interested to hear the responses.

    submitted by /u/RedneckWilly
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    What skills should I work on to help me stand out when applying for jobs?

    Posted: 05 Jan 2018 09:10 PM PST

    I read somewhere that being qualified in QuickBooks can increase my chances of getting a good job. Is there anything else I can work on and put on my resume that will help me find a job? I am in my final semester of college and would like to utilize my time wisely.

    Oh and I should mention that I would like to work in the industry instead of public. So, I am looking for a Staff Accountant role after I graduate.

    submitted by /u/AnotherOne7
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