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    Monday, March 26, 2018

    Home Unlabelled Accounting Manager: please post this misstatement to our list of proposed audit adjustments as it is above our posting threshold. Me, an intellectual:

    Accounting Manager: please post this misstatement to our list of proposed audit adjustments as it is above our posting threshold. Me, an intellectual:

    March 26, 2018

    Accounting Manager: please post this misstatement to our list of proposed audit adjustments as it is above our posting threshold. Me, an intellectual:

    Manager: please post this misstatement to our list of proposed audit adjustments as it is above our posting threshold. Me, an intellectual:

    Posted: 26 Mar 2018 12:01 PM PDT

    A accountants wet dream

    Posted: 26 Mar 2018 05:18 PM PDT

    Taboo Question

    Posted: 26 Mar 2018 02:05 PM PDT

    I think Salary should not be a Taboo discussion topic. How much did you make at your first job right out of college? Include your state.

    submitted by /u/Kling_wrap
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    Auditors are ....wait what??! Odd hours, paid a lot to keep client happy, and no job satisfaction. I get it

    Posted: 26 Mar 2018 06:50 AM PDT

    Why is there 1245 recapture

    Posted: 26 Mar 2018 08:23 PM PDT

    Can anybody explain to me the reasoning behind 1245 recapture? I understand how it works and everything, I just don't get why it's a thing. Thanks

    submitted by /u/cksny
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    How to make yourself care about your job? [Serious]

    Posted: 26 Mar 2018 09:19 AM PDT

    I know this will be met with a lot of joking responses, but in all seriousness, how do you guys make yourself care, focus, and learn when working in public accounting?

    I'm a first year staff, started in October. I feel like I'm given tasks, complete them with some help, and then get more tasks. On and on. Don't know how much I'm really learning, other than how to complete things. And the workpapers I'm completing almost feel like a game/puzzle sometimes. Find this number, make this normal add to this one, make it all work based on whatever PY thing I'm looking at.

    How do you guys CARE and LEARN how to become good auditors? There's some seniors that seem to have so much industry knowledge and seem passionate about work. How do you get there? How do you make this feeling like a career rather than some task-based job that you have to do every day that means nothing to you?

    submitted by /u/bjjbeans
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    How are all my first year Busy Season people

    Posted: 26 Mar 2018 03:34 PM PDT

    Me the light at the tunnel seams to be dimming . The hours are starting to go in reverse. Good not I got an industry interview tommrow . 15k bumb over my shitty salary.

    submitted by /u/KL040590
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    Core 2 -exam tips?

    Posted: 26 Mar 2018 08:18 PM PDT

    The core 2 exam is on Wednesday. Any tips for the exam?

    submitted by /u/georgejalex
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    (B4) - What is a business case?

    Posted: 26 Mar 2018 07:52 PM PDT

    I was told I need a business case approved after an interview. Is this HR asking for approval of my offer from upper management or is this something else entirely?

    submitted by /u/CountCountEY
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    EY audit vs KPMG audit intern

    Posted: 26 Mar 2018 11:57 AM PDT

    lucky enough to get into both, i really like both people, both are trying to sell themselves

    anyone here experienced and wise who could give advice on choosing? i cant help but feel my choice will end up arbitrary

    edit: thanks for the great responses, the data in aggregate will be used for analysis.

    Thread TL:DR EY has clients I like but will lay me off after a year

    submitted by /u/orange_fuckin_peel
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    Mid College Crisis

    Posted: 26 Mar 2018 09:06 PM PDT

    I am at the end of my junior year, one year away from graduating with and education degree and I realized I do NOT want to teach. I am in Arizona (so that says a lot), but I realized that I do not find value in my classes, am constantly reassuring myself that I will have an okay-life, imagining what being under payed and under valued for years will be like, and wondering what other careers I can do with an education degree that makes more than 35k. Quite honestly, I have just realized the full extent of my life if I choose to continue on this degree path.

    My conflict is this: I don't know whether to choose to graduate with a degree I am so close to having, or completely choose a different degree. I have become really interested in accounting, and I would just like some general advice on what to do.

    I want to MAX stay in school for 3 more years, but I want to plan on doing this in 2 years (taking summer/ winter courses). I am prepared to work my butt off, nail an interview in the business college at my university, and generally accept my failure so far in school.

    I dunno just some advice? Lol help

    submitted by /u/bearcam1
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    Does academic misconduct impact CPA eligibility?

    Posted: 26 Mar 2018 08:30 PM PDT

    Title pretty much says it all - I'm graduating school in May and am planning on taking the CPA exams in Ohio. I will meet all of the requirements to sit for it, but was just wondering if misconduct on my transcript would for some reason make me ineligible to sit. New to the forum so sorry if i formatted incorrectly. Thank you so much in advance

    submitted by /u/notnotjoshpeck
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    Resume Critique - leaving public

    Posted: 26 Mar 2018 05:53 PM PDT

    Help memorizing tables and sheets

    Posted: 26 Mar 2018 08:02 PM PDT

    Currently in Cost accounting at university. I'm having a really hard time memorizing the different budget sheets and what exactly goes into which sheets. If anyone has a certain method they used to help them study these, I'd love to learn it.

    submitted by /u/cameron01234567
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    HOMEWORK HELP - Is there more I can add to my answer? Question inside. (Advanced Accounting).

    Posted: 26 Mar 2018 02:57 PM PDT

    Here is the question, the red highlighted part is what I am asking about.

    My answer:

    "On the date of acquisition and only on this date, the subsidiaries assets and liabilities are reported on the consolidated balance sheet at fair value. Post date of acquisition these fair values become historical values for reporting purposes. Hence, the assets and liabilities of the subsidiary are not remeasured to fair value after the date of acquisition has passed."

    Is there anything else that would be useful to include? Or something else I can add, I feel like my answer is lacking.

    Any tips are helpful! thank you.

    Thanks.

    submitted by /u/Stekd
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    Has anyone went to an accredited online college? Did it affect job prospects?

    Posted: 26 Mar 2018 11:39 AM PDT

    Posted an earlier topic about what college I should go to . Now I feel online accredited is the most life fitting choice? Wondering if anyone else has and have a few questions:

    Edit: I'm currently looking into enrolling in penn state world campus (online) but I live in the state and the school has physical satellites close by and main campus is about a 2 hour drive. Thanks for the feedback so far guys!

    1: do you feel your job prospects would have been better going to I physical campus?

    1. Did you get your CPA with help from college? Did it help any?

    2. What school did you go to and how would you rate the program?

    Thanks and any other relevant information would be helpful! This reddit has been an amazing help for me.

    submitted by /u/Joewalsh7525
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    Does Switching Practices Within a Big 4 Firm Result in a Demotion?

    Posted: 26 Mar 2018 10:39 PM PDT

    Might be a stupid question but I was wondering, if say, a senior audit associate made the jump to advisory, would he/she be demoted back down to just an advisory associate, since they're basically fresh into the field? Or say a forensics manager wanted to go back to audit, would they be demoted to audit senior since they have less audit-specific experience? Or is job title more correlated with years spent with the firm?

    Thanks in advance for any information.

    submitted by /u/BTHOvapes
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    [CAN] What are some reputable small/medium sized accounting firms in GTA?

    Posted: 26 Mar 2018 09:54 PM PDT

    Graduation is around the corner and I'm starting to look for reputable firms to apply to. I'm not originally from Toronto so I'm not sure where to start.

    submitted by /u/WarrenPuffett
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    Small Firm - Second Round Interview

    Posted: 26 Mar 2018 09:37 PM PDT

    Ok the two managers explicitly said they'll recommend me to the partners for another interview. Do I do the same thing or?

    submitted by /u/FourLetterIGN
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    How did the recession of 2008 affect firms across the country?

    Posted: 26 Mar 2018 08:26 AM PDT

    I was in middle school at the time of the recession, and I have been reading books about how significantly it affected the financial industry. I am curious about how it compares to the accounting industry. Were there mass layoffs, or firms going under?

    submitted by /u/knockout22
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    Help please. This is confusing

    Posted: 26 Mar 2018 09:19 PM PDT

    Has anyone done the CPA Program at Mountain view college to help get the remaining hours to sit down for the CPA exam. If so how were the classes?

    Posted: 26 Mar 2018 05:13 PM PDT

    Illinois Online Masters of Accounting Program Recruiting?

    Posted: 26 Mar 2018 02:37 PM PDT

    So I recently found out that Illinois offers an Online version of their Masters of Accounting that is very affordable. Given the online format, how would recruiting work (specifically with Big 4)? Would it just be cold resume drops? Seems like a good value from a great brand, but really just unsure if the online part defeats the whole recruiting point of the macc, which is the whole reason I am enrolling in one.

    https://onlinemsa.illinois.edu/

    submitted by /u/timstrebor
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    Intermediate Accounting 16E Kieso WileyPLUS access?

    Posted: 26 Mar 2018 08:27 PM PDT

    Hello all, I am a struggling accounting student at UNCG and I'm looking for ways to better prepare myself for exams. I was wondering if anyone has access to WileyPLUS (that is the book we are using for this class) or any form of exam study material related to this book that could help. Thanks in advance!

    submitted by /u/taylorherb
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