Accounting My brain broke |
- My brain broke
- ACCT LifeProTip: If you join the military reserves, see if your unit can schedule your mandatory annual training during busy season. That way you miss out on busy season while you get to play "All American Badass" in the reserves.
- Financial Reporting of Cryptocurrency (GAAP)
- Reddit discusses how Amazon earned billions and didn't pay any income taxes in 2017. A bit of drama ensues.
- Appropriate bag for student going to an office interview
- I put in my two weeks at a big 4 last week after only being there 7 months. AMA
- [Int 2 HW] Can anyone help out? What's hard is my professor teaches us the easy question about impairment that's in the textbook, then when it comes to the homework it's just hard since she only touched upon the easy textbook example which doesn't help in this case.
- Which industry do you find to be the easiest/least stressful to audit?
- My boss has a “not registered” status on the NY CPA lookup website. Will the state board allow him to sign off on my hours for the CPA work experience requirement?
- Joke from my accounting textbook
- Big 4 compensation around the world. Overtime, after hours etc.
- Big 4 tax vs audit busy seasons and off seasons - not a shitpost
- Can/should I negotiate my raise every year?
- For those of you with an accounting degree who got a second degree, what degree did you get and why?
- Want to switch from accounting to corporate finance, possible?
- [HW] INT 2 bond amortization straight line method
- [CAN] I'm about to graduate with a 2.10 GPA
- Expiration of scores?
- Worried my school isn’t preparing me
- Senior Risk Advisory Salary Question - Moving from Houston to Chicago
- Having a hard time getting an internship?
- Has anyone ever been denied a job due to credit report?
- Job hunting? How's it going?
- Does anybody ever meet with recruiters?
- Valuing Newborn Animals Used as PP&E?
| Posted: 04 Mar 2018 02:41 PM PST Middle of tax season. Panic attacks every day. I left work Friday, didn't come in Saturday, left after a couple hours Sunday. I can't go in on Monday. I haven't left bed in hours. Im crying and don't know what to do. This happened last tax season at my last firm too. God how could I let this happen again? I'm going to lose my job. I don't know what to do. [link] [comments]  | ||
| Posted: 04 Mar 2018 06:09 AM PST Had a buddy who joined the marine reserves and was working b4. Got hired at B4, did 1 busy season and wasn't about that life. He wanted to do 3 years in b4. He joined the reserves. Was gone for 6 months for boot camp and training (missed busy season). The following year, he volunteered for an assignment where he would be gone for 45 days during busy season, missed it again. Your job is protected when you are called to active duty. So he effectively did 3 years at B4 on his resume, but suffered only one busy season. [link] [comments]  | ||
| Financial Reporting of Cryptocurrency (GAAP) Posted: 04 Mar 2018 03:23 PM PST Any auditors out there have insights on the reporting implications of cryptocurrencies? Working through this with one of my clients now, and they're leaning towards classification as an investment on the balance sheet (Available-for-sale). I've seen some non-authoritative guidance published that lists several other options (inventories, intangibles, etc. - all IFRS articles). [link] [comments]  | ||
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| Appropriate bag for student going to an office interview Posted: 04 Mar 2018 04:44 PM PST Unfortunately I only have my school bag pack and I just spend 200 bucks on shoes (for the interview) and gf birthday present and a little strapped for cash. Can anyone recommend me an affordable bag I can buy preferably on Amazon? [link] [comments]  | ||
| I put in my two weeks at a big 4 last week after only being there 7 months. AMA Posted: 04 Mar 2018 03:58 PM PST I started as a staff last July, my last day will be this Friday! [link] [comments]  | ||
| Posted: 04 Mar 2018 04:35 PM PST
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| Which industry do you find to be the easiest/least stressful to audit? Posted: 04 Mar 2018 05:59 PM PST Wondering what your takes are? I know during busy season, there's no "easy" aspect, but I know in my short experience, private equity was a cake walk vs other industry engagements I've been on. I was actually thinking of trying to make my way into financial institutions, but have no idea what those entail, considering they're heavily regulated. [link] [comments]  | ||
| Posted: 04 Mar 2018 04:28 PM PST thanks for any insight! I believe he just has not keep his license up to date. He would be signing off on my work experience requirement for the state of Florida which is where I applied [link] [comments]  | ||
| Joke from my accounting textbook Posted: 04 Mar 2018 04:58 AM PST "A delicatessen store owner, who migrated from Italy, kept his accounts payable in an excercise book, account receivable on a note pad, and cash in a shoe box. His daughter, having just completed a bachelor's degree in Accounting, questioned her father: 'I don't understand how you can run your business this way. How do you know what your profits are?' 'Well', the father replied, 'when I got off the boat 40 years ago, I had nothing but the pants I was wearing. Today your brother is a doctor, your sister is a school teacher and you are a qualified accountant. Your mother and I have a luxury car, a well-furnished house and a holiday home. We have a good business, and everything is paid for. So, you add all that together, subtract the cost of the pants, and there's your profit." Accounting is not so dry after all. [link] [comments]  | ||
| Big 4 compensation around the world. Overtime, after hours etc. Posted: 04 Mar 2018 12:33 PM PST Hi guys, just wondering if there are huge differences in compensation between countries (Mostly meaning overtime / after hours). In my country (Scandinavia), we get no overtime pay for anything, no after hours compensation either. It's considered seasonal work and as a result we don't get fuckall, it just goes in the bank to be used as time off usually, or compensation at the base rate) The upside of that is no one cares where you do the work (a lot of remote work), and when you do it (you can work late into the night because all you get is the base rate anyway..). Yeah, so freedom is nice but I hear the fuckers in Sweden already get compensated a little differently. Rest of the world? [link] [comments]  | ||
| Big 4 tax vs audit busy seasons and off seasons - not a shitpost Posted: 04 Mar 2018 11:40 AM PST As an audit intern, I have started to learn that audit has your busy season, but that depending on the year-ends of your clients, your busy season can be well extended. I'm curious for all you big 4 tax professionals out there: what are your busy seasons like? Do they ever get extended? If so, why? Do you have multiple busy seasons? Etc. [link] [comments]  | ||
| Can/should I negotiate my raise every year? Posted: 04 Mar 2018 06:39 PM PST I know that negotiating starting salary isn't really possible, but should I attempt to negotiate my raise and bonus after the first year? Have any of you had success doing it? Edit: I'm asking about public accounting [link] [comments]  | ||
| For those of you with an accounting degree who got a second degree, what degree did you get and why? Posted: 04 Mar 2018 06:36 PM PST | ||
| Want to switch from accounting to corporate finance, possible? Posted: 04 Mar 2018 05:33 PM PST Have 150 credits, accounting degree, pondering the idea of studying for the CPA, had an corporate accounting role for the first 3 years out of college, then a year ago switched to a new company where half my job is accounting and half is finance (fp&a, budgeting, forecasting, comparing actual to budget etc). I have enjoyed the finance side so much that I now want to pursue a career in it. How can/should I go about this? My degree is in accounting with minimal finance courses, should I pursue an MS in Finance at night? Would an MBA be relevant? Keep studying for the CPA? My concern is down the line trying to get a job at a large company in a strictly fp&a role. What would be the best route to take to achieve this? [link] [comments]  | ||
| [HW] INT 2 bond amortization straight line method Posted: 04 Mar 2018 07:38 PM PST Hi all I need help on this problem, not sure why I'm wrong. Been stuck for a while (Attached picture of problem). [link] [comments]  | ||
| [CAN] I'm about to graduate with a 2.10 GPA Posted: 04 Mar 2018 08:48 AM PST bad students how did it go after your bachelor ? Not sure if i should delay my graduation to retake some courses. When i applied for jobs during summer i had no answer, while my classmates with +3.5 had no trouble. [link] [comments]  | ||
| Posted: 04 Mar 2018 02:49 PM PST I've passed the CPA exam but it will be a year until I have the hours to get licenced. Is there anything I need to do in the meantime to ensure I don't lose my scores or are they good forever? [link] [comments]  | ||
| Worried my school isn’t preparing me Posted: 04 Mar 2018 04:16 PM PST So I go to an average state school. We have two big 4s that recruit at our school. Honestly I've gotten As in financial and managerial accounting. Intermediate 1+2 was stupid easy, all our tests were taken on the computer and were open book/note... they are timed so you get like 1 minute a question but still. I'm worried I'm going to struggle in the real world. Is there something I can do to better prepare myself? Edit: I do want to note that I still have to study a lot and spend a good amount on the class but it doesn't seem like it's half as bad as some other schools. [link] [comments]  | ||
| Senior Risk Advisory Salary Question - Moving from Houston to Chicago Posted: 04 Mar 2018 09:57 PM PST Applied and got an interview for senior Risk Advisory (IT/Internal Audit) position at B4. I'm moving from Houston to Chicago. Moving from industry to public accounting as well. What salary should I ask for?
[link] [comments]  | ||
| Having a hard time getting an internship? Posted: 04 Mar 2018 02:15 PM PST Well I am a senior accounting student about to get my bachelor's next year. I'm having a hard time getting an internship in accounting. I paid for a professional makeover of my resume, cover letter, and have been applying to tons of internship positions via my schools website and also other sites like indeed, etc. So far I haven't gotten any responses. I've been networking with individuals I meet through Beta Alpha Psi that come in for question and answering sessions and follow up with them on Linkedin etc. So far, no luck. I am running out of patience with not being able to land an internship since I've been trying to get one for so long. Any advice? Stats: Accounting GPA 4.0 Business GPA 3.88 Related experience: None, besides 2 months of VITA. [link] [comments]  | ||
| Has anyone ever been denied a job due to credit report? Posted: 04 Mar 2018 09:33 PM PST I noticed on a background check request a potential employer sent me mentions they also will check credit. Has anyone ever been denied a position because of the credit check? I'm not worried about mine, but merely curious. [link] [comments]  | ||
| Posted: 04 Mar 2018 03:27 PM PST Like the title says. How is everything going? Getting interviews? Offers? Good/bad experiences? [link] [comments]  | ||
| Does anybody ever meet with recruiters? Posted: 04 Mar 2018 09:22 PM PST
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| Valuing Newborn Animals Used as PP&E? Posted: 04 Mar 2018 09:14 PM PST What would be the FASB method for initial valuation of a newborn animal at a circus? Would it just be the cost of delivery? [link] [comments]  |
![[Int 2 HW] Can anyone help out? What's hard is my professor teaches us the easy question about impairment that's in the textbook, then when it comes to the homework it's just hard since she only touched upon the easy textbook example which doesn't help in this case.](https://a.thumbs.redditmedia.com/quOSjOYovSvQA3AQG5kj0EdWfVp4Y9-09zMiLEoxUM0.jpg "[Int 2 HW] Can anyone help out? What's hard is my professor teaches us the easy question about impairment that's in the textbook, then when it comes to the homework it's just hard since she only touched upon the easy textbook example which doesn't help in this case.")
![[link]](https://i.redd.it/dfijwrlmbuj01.jpg){kind=link}
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