• Breaking News

    Wednesday, March 7, 2018

    Accounting IM FUCKING DONE IM A CPA BITCHES!!!!!!!!!!!!!!!!!!!!!!!!! I LOVE YOU ALL!!!!!!!!!!!!!!!!!!!!!!

    Accounting IM FUCKING DONE IM A CPA BITCHES!!!!!!!!!!!!!!!!!!!!!!!!! I LOVE YOU ALL!!!!!!!!!!!!!!!!!!!!!!


    IM FUCKING DONE IM A CPA BITCHES!!!!!!!!!!!!!!!!!!!!!!!!! I LOVE YOU ALL!!!!!!!!!!!!!!!!!!!!!!

    Posted: 07 Mar 2018 08:06 PM PST

    FAR 90 REG 93 BEC 97 AUD 92

    This six month journey was FUCKING AWFUL and full of alcohol, poor decisions, stress, and worry. I passed them all first try. But I'm done. I'M ACTUALLY DONE. I'm sitting here in just my underwear on the verge of tears. HOLY FUCK. AM I DREAMING? WHAT!??!?!?!?!??!

    I have no social life, but I do have a date in two days so maybe I'll restart it there. WISH ME LUCK HONEYS - ITS BEEN GOOD. I'LL SEE YOU AT THE END OF BUSY SEASON!!!!!!!!!!!!!!!!!

    submitted by /u/koodas
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    Busy Season "Dieting and Staying Healthy"

    Posted: 07 Mar 2018 06:28 PM PST

    Tonight determines whether I'm fucking DONE or have to wait another FOUR MONTHS.

    Posted: 07 Mar 2018 07:16 PM PST

    Fuck the NASBA and CPA Exam for the emotional scarring I'm going to have/have received. Waiting on AUD, my last score. If I pass I'm DONE. Please hold me.

    Also DOUBLE FUCK the NASBA for launching a NEW SCORE WEBSITE TWO DAYS BEFORE SCORE RELEASE and possibly DELAYING SCORES TONIGHT.

    EDIT: IM A CPAAAAAAAAAAAAAAA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!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    submitted by /u/koodas
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    It's Wednesday and I've gone over 40 hours. That means I'm done for the week right right guys?

    Posted: 07 Mar 2018 05:02 PM PST

    I'm done.

    Posted: 07 Mar 2018 11:39 AM PST

    My cpa career is ending tonight. I've had a relapse of health issues due to stress. Constant diarrhea. Anxiety. Auditory hallucinations and feeling paranoid. I'm going in when nobody is there tonight and turn in my keys and resignation.

    submitted by /u/Beeinkc9
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    Reflecting back on my first year

    Posted: 07 Mar 2018 05:32 AM PST

    Taking office poops all morning

    Posted: 07 Mar 2018 07:10 AM PST

    Staff accountant here. I am doing these billing audits but I ate Mexican food last night so every hour I'm just blowing up the bowl. CFO just walked in to the pooper right after me. Lol that dude has gotta be like wtf is wrong with this kid

    Update: drinking coffee

    submitted by /u/Sneezis
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    75 ON BEC

    Posted: 07 Mar 2018 08:49 PM PST

    FUCK YEA, EFFICIENCY.

    submitted by /u/Clayton_69
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    Big 4 Partner here - AMA

    Posted: 07 Mar 2018 01:49 AM PST

    I'm a 6th year equity partner in one of the Big 4. More focused on advisory than assurance, but I might be able to share some relevant insights.

    Edit: have to log off for few hours. Happy to continue later, so please keep posting questions.

    submitted by /u/ExtraCook
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    Score Release Party March 8th

    Posted: 07 Mar 2018 01:08 PM PST

    The scores drop tomorrow (hopefully) and here's my back story.

    I passed BEC last August with an 83 and Failed AUD in November with a 73.

    I had such a shitty experience before I retook the AUD exam a few weeks ago. The night before the exam my car was broken into smash and grab style. My purse, phone and Auditing books were stolen out of my car. (I was inside my kid's daycare for less than 10 minutes picking her up).

    I was so worried that I wouldn't be allowed to sit and have to re apply to the state board since it was less than 24 hours before my exam time. I hardly slept that night. And I felt like such a jerk for being so careless with my purse/ID before the night of the exam!!! I went to the DMV the next morning for a temp ID, and I hoped and prayed that I would be able to sit for my AUD Exam.

    I was lucky that my old driver's license (I had an old expired copy from 2015) with the new temporary license was sufficient. (FWIW the ladies at Prometric were awesome!) I was worried that it would throw me off of my game. But, I felt like I was focused and I actually finished the exam 15 minutes early. I'm hoping and praying for a 75.

    I took my exam at the end of Jan, and since then it has been a roller coaster of all the feels. I left the exam feeling like I did "good enough". And, in an even stranger turn of events. When I got home from testing. Someone was calling my husband's phone (he let me use it as a loaner since he has a work phone, a really really nice lady found my Auditing text books with all of my notes in a neighborhood several miles away from where I was jacked. And I met up with her the next day. I had joked with my husband that I better pass my exam since I don't have the books or notes anymore. But, when I got them back I was like oh, man.... I feel like I passed, but then another part is just preparing for the worst. I'm halfway through FAR and it is eating me alive. I really need some good news/karma.

    I also feel like a shit for venting all of this on Reddit.

    submitted by /u/LVRunner
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    Close enough

    Posted: 07 Mar 2018 03:12 AM PST

    Job postings like this are why college students have their doubts about going into accounting

    Posted: 07 Mar 2018 07:31 AM PST

    Just started and I already feel I am in the wrong profession (Serious)

    Posted: 07 Mar 2018 01:22 PM PST

    Started recently in Tax at a mid tier firm, so far it is nothing like I was led to believe it would be. Had minor experience in a local firm prior, and I feel like I have stepped foot into an alien world.

    The forced collaboration, the obsession with billable hours, company profit, the pressure to be social and outgoing. I have never been interested in climbing the corporate ladder or retiring loaded by 40 and this environment feels like it's based on these things.

    On top of that I already am having anxiety about spending 30 years at a desk, clicking spreadsheets, having to bring in clients, and working my butt off to achieve nothing more than dealing with other people's money.

    I guess what I want to know is, do I persist in the hope things get better or do I cut my losses early, accept I made a bad decision and move on?

    submitted by /u/an-empty-suit
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    I mean, as an auditor I’m used to being put into some shit spaces to work, but just COME ON. My emotional state this busy season is hanging on by a thread as is, I didn’t need this trauma. Also, why? Just why? (This is an financial institution. Under no circumstances does this make sense)

    Posted: 07 Mar 2018 09:00 PM PST

    Me taste testing the wonders that Flavia has to offer during busy season.

    Posted: 07 Mar 2018 06:29 PM PST

    Check new gateway!

    Posted: 07 Mar 2018 07:24 PM PST

    One of my scores just posted. 81 on AUD! Now just waiting for BEC!

    Update: and I passed BEC with an 83!!!! Im officially done!

    submitted by /u/deskrabbit499
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    How to explain "why you're looking for a job that's similar to your current role"?

    Posted: 07 Mar 2018 08:55 PM PST

    I'm currently employed by a small CPA firm as a junior tax accountant, which I started only 1 month ago. But I have quickly realized that it's a bad fit due to various reasons (benefits, culture etc). As such, I started looking for another employment last week. Due to my limited experience, the most suitable position would be one thats similar to my current job.

    Obviously I can't badmouth my current employer, but I need to come up with a legit reason to justify my short stay here so that I'm not being seen as a person who's unreliable and disloyal. Any thoughts as to what the best way to explain this situation in my cover letter would be?

    submitted by /u/lusafatte
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    Why does the NASBA site say my score is available to March 31st 2018?

    Posted: 07 Mar 2018 08:50 PM PST

    What does this mean? And how can I see all 3 of my scores on the same page? I have a weird fear that NASBA will screw something up and lose my other 2 scores lol

    submitted by /u/suzuki221
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    NASBA tweeted that they don't know the exact time of the score release.

    Posted: 07 Mar 2018 08:02 AM PST

    3.8 GPA Accounting Student struggling in workplace.

    Posted: 07 Mar 2018 08:26 PM PST

    Do you guys think that Accounting is too broad? I got an A and A- in Intermediate 1 and 2 and still question about my abilities since I have been working for a big manufacturing company as an Financial reporting accountant. This is my first job. I just graduated with the Bachelor last year. I thinks just because I did not take the MAcc which has Intermediate 3 and lack experience. For what I worked with all are related to Hedging, Consolidation, PII, DTA, DTL and PPA. I'm so tired now, spend 2 hours everyday and 5 hours over the weekend to learn by myself after work. Is it normal?

    What did you do at home when you got your first job? How many years I will need to spend in order to feel more comfortable at my workplace?

    submitted by /u/fucfick
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    CPA Scores - Failed by One Point!?

    Posted: 07 Mar 2018 07:46 PM PST

    So the title pretty much says it all. I took AUD on February 26 after about 45 hours of study and failed with a 74. It was my first exam and I definitely see where I can improve in my studying but WTF ONE FUCKING POINT?!?!??! Ahhhhhhh that is gonna drive me nuts. Any tips for the re-study period? Going to postpone REG which i scheduled for the end of April in order to keep studying for AUD...any thoughts on that too?

    Best of luck fellow CPA candidates!

    submitted by /u/lanadelsol
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    Small work load as intern

    Posted: 07 Mar 2018 06:27 PM PST

    I am at my second internship about 1.5 months in and I am often finding myself working very slowly because they want me to work 20 hrs (during the semester) but I don't have enough work to fill that time. I have asked multiple people multiple times for more work and I just keep getting the old "I'll see what I can pass down" but nothing is ever given over to me.

    In the times I am without work, do I seriously need to be "pretending" to work? Would it be wrong to study? I often just mess around in excel trying to learn about macros which kills the time. I often feel like I am being watched (even though I'm most likely not) and should not do anything personal at work but sometimes see other looking at Amazon or YouTube every once in a while. What do you do in your down time?

    Thanks for the responses.

    submitted by /u/plzstopthat
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    Can you spread out the cost of supplies relating to start up costs for a new client over the life of the contract?

    Posted: 07 Mar 2018 04:52 PM PST

    I work for a company that provides janitorial and maintenance services for large universities and corporate buildings. Say a 5 year contract starts Jan 1st, we will spend say, $250,000 on start up supplies (windex, mops, etc) in January, and $15,000 in February, $12000 in March, etc (this is the cost to replenish the original supply bought in January).

    My question is can you spread out the cost of supplies strictly relating to new clients over the life of the contract? For example putting say, 15,000 in supplies expense in January, and the rest in a prepaid account strictly for start up supplies and spread it out. Right now (in this example) we expense all $250,000 in January and have -50% margins for only the first month of the contract and 50% margins every month thereafter. My thought is that revenue should be matching the expense and the revenue is almost always a monthly fixed fee. If we can do this for all start up costs for janitorial supplies we could increase our bottom line by millions, but I can't find anything specifically relating to this in my research.

    Any input would be greatly appreciated!! Thanks in advanced.

    submitted by /u/md61694
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    FAR scores are up!

    Posted: 07 Mar 2018 08:35 PM PST

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