Accounting When you attend an in-office meeting as a first year associate regarding ASC 606 Recognition and they announce food isn't provided. |
- When you attend an in-office meeting as a first year associate regarding ASC 606 Recognition and they announce food isn't provided.
- Why hasn’t a rapper incorporated Accounts Receivable into a lyric yet?
- What's your salary progression? [US]
- I remember you guys making fun of people on LinkedIn giving a vibe of how amazing they are for hiring someone. Figured some would enjoy.
- Last day at Big 4 Today! Left as Senior and starting in Industry Next week. AMA
- Actual gif of a KPMG partner hard at work
- I love working but I hate the schooling. How do I hold on to sanity?
- Accountants! What is your why?
- How’d you decide to leave your high paying job , to branch out on your own and start your own accounting firm?
- I need help getting my career back on track
- What is the worst travel experience you've had while travelling for a client?
- Left KPMG IT Advisory
- Is the AICPA sample exam not working properly or am I just an idiot?
- I have 500 outdated business cards. How can i have fun with them?
- 2017 Elijah Watt Sells Award winners announced
- FAR question: Depreciation expense error?
- What do firms expect from interns?
- Valuation mistakes to avoid
- Accounting Career Path Inquiry
- Please critique my resume for starting my accounting career
- Canadian tax question! Visa gift cards
- Advice - Time sensitive job offer; recruiting firms worth it?
- Deriving cost of equipment from other information
| Posted: 06 Jun 2018 10:37 AM PDT
 | ||
| Why hasn’t a rapper incorporated Accounts Receivable into a lyric yet? Posted: 06 Jun 2018 02:47 PM PDT It's too easy. Not only does AR mean somebody owes him money, it also means assault rifle. It's too easy. [link] [comments]  | ||
| What's your salary progression? [US] Posted: 06 Jun 2018 09:44 AM PDT Hey everybody, Did one of these posts a month ago for SoCal, and got some great responses so I figured I'll do another one for US in general. I feel like this could be a really good reference for us youngins who are just starting. And since busy season is over, hopefully I can get more responses.
Here's a link to my other thread if you're interested in SoCal salaries: https://www.reddit.com/r/Accounting/comments/8c0zyo/whats_your_salary_progression_socal/?ref=share&ref_source=link Thanks everyone! [link] [comments]  | ||
| Posted: 06 Jun 2018 12:27 PM PDT
 | ||
| Last day at Big 4 Today! Left as Senior and starting in Industry Next week. AMA Posted: 06 Jun 2018 12:16 PM PDT | ||
| Actual gif of a KPMG partner hard at work Posted: 06 Jun 2018 03:01 PM PDT
 | ||
| I love working but I hate the schooling. How do I hold on to sanity? Posted: 06 Jun 2018 09:42 PM PDT I'm 2 years deep in my accounting curriculum though I have finished intermediate accounting courses. My GPA, though not great, is fine, and my attendance and understanding is also fine. I just have one problem... I hate learning through any other method besides experience. Learning anything by trial and error just works for me. I'd rather be handed a problem and be given an example solution and be forced to solve it on my own rather than conceptually learn the information and apply it. I always do good on my exams, and I complete the work. I just cannot for the life of me study like a student is expected to. I'm a worker and I always will be. For the past two years I've been a valet driver at a large hotel in a busy downtown. I'm a hard worker and I enjoy work. In my short time I have moved through a couple of valet jobs and been internally promoted to the level of working my way up to a valet manager level. I lead a team of 10 and am proud of the work I put in every day. The dread of reading a textbook for an hour outweighs spending 8 hours on my feet supervising a team. I don't think I'm not meant for accounting I just hope that when the school is all over, work will provide me actual satisfaction and real knowledge. I truly believe that knowledge is earned through hands-on experience and not books, but I only have my own experience to base that opinion from. Does accounting offer enriching experience after school, or are your studies the knowledge you need? If so, I think I'm fucked. Maybe I've worked so hard during my school I'm prematurely burnt out, and that's possible. 50 hour work weeks and a full schedule of classes has left me tired to no end but I see light at the end of the tunnel. [link] [comments]  | ||
| Accountants! What is your why? Posted: 06 Jun 2018 09:26 PM PDT No seriously I can feel my hair falling out tryna figure out this non for profit accounting stuff. What keeps you sane at these trying times, when you're in too deep to get out. [link] [comments]  | ||
| Posted: 06 Jun 2018 03:13 PM PDT | ||
| I need help getting my career back on track Posted: 06 Jun 2018 01:43 PM PDT I'm struggling to get my career back on track. Started at a large regional firm at $52k in audit. Raise after 4 months/first busy season to $55k. Left at 1 year to go to a SEC reporting job for $60k. Tons of health issues and a cunty boss caused me to leave at less than a year. Almost went back to public but didn't because of health issues. Now working at a $200m company doing a mix of accounting, financial analysis, and tons of ad-hoc crap making $51k. Took the job out of necessity and am struggling making less than I did out of college. Been at this position almost a year but I'm unsure of how to get back on track. My peers form college are now all in senior positions and I feel like I've backtracked. I see little to no progression in this company beyond my current role, title or salary. I am exceeding their max already for my title and they don't even have anything at a senior level. I don't want to be a controller or even an accounting manager, but I don't want to be in a dead end job forever. [link] [comments]  | ||
| What is the worst travel experience you've had while travelling for a client? Posted: 06 Jun 2018 09:30 AM PDT | ||
| Posted: 06 Jun 2018 06:51 PM PDT After almost 2 years of unfulfilling work, manipulative coworkers, terrible leadership, & truly hating everyday at my job I finally had my last day at KPMG. The amount of relief I feel is amazing. I start a new job in 3 weeks with one of the big banks doing credit risk. It feels like I had a reset button in life getting out of the IT Advisory (audit) field. To all you hating your life at the Big 4, don't get complacent and settle. You may regret it. [link] [comments]  | ||
| Is the AICPA sample exam not working properly or am I just an idiot? Posted: 06 Jun 2018 05:58 PM PDT I'm trying to take the AUD practice exam: https://www.aicpa.org/becomeacpa/cpaexam/forcandidates/tutorialandsampletest.html I start the test, get the first testlet that only has 5 questions. After I answer all 5, nothing appears to move onto the second testlet. All the other testlets still show 'locked' at the top of the screen and there's nothing to 'continue on' to the next. Furthermore, I expected there to be 36 questions in the first testlet and there's only 5. Am I missing something completely obvious here? Has anyone else done the sample test recently that could maybe help me out [link] [comments]  | ||
| I have 500 outdated business cards. How can i have fun with them? Posted: 06 Jun 2018 03:40 PM PDT | ||
| 2017 Elijah Watt Sells Award winners announced Posted: 06 Jun 2018 01:56 PM PDT | ||
| FAR question: Depreciation expense error? Posted: 06 Jun 2018 09:23 PM PDT Solution is $5,000 X determined after 4 years that the estimated useful life of its labeling machine should be 10 years rather than 12 years. The machine originally cost $46,000 and had an estimated salvage value of $1,000. X uses straight-line depreciation. What amount should X report as depreciation expense for the current year? So I get this part of the solution (46,000 - 1,000) = 45,000 45,000/12 = 3750 3750 x 4 = 15,000 45,000 - 15,000 = 31,000 but I thought salvage value is only used once and not used again like below? the rest of the solution 31,000 - 1,000 = 30,000 divided 6 for $5,000 [link] [comments]  | ||
| What do firms expect from interns? Posted: 06 Jun 2018 04:59 PM PDT I am currently entering my junior year and am set to work for a top 10 firm as an intern working tax. The problem is, I feel that I have no idea what to do. I'm currently taking a class on tax, but I still don't feel ready, and the only other accounting classes I've taken were intro to managerial and intro to financial. I would love to hear your thoughts and any advice y'all can give. [link] [comments]  | ||
| Posted: 06 Jun 2018 08:26 PM PDT | ||
| Accounting Career Path Inquiry Posted: 06 Jun 2018 08:17 PM PDT I am currently a Senior at a state university. I would just like to know what should I expect in the next 5 years. Mainly: What will be my entry level salary? How long should I expect to pay off my student loans (approx. $80,000 by the time I graduate) Seeing as I will already have a lot of debt to pay off is attending graduate school a good decision? (I want to sit for the CPA exam by 2020) Lastly, can you think back to a time when you were in my position? If so, what do you wish that you would have done differently, that I could maybe learn from? Thank you in advance. [link] [comments]  | ||
| Please critique my resume for starting my accounting career Posted: 06 Jun 2018 12:26 PM PDT Just recently finished college and most of my CPA exams. Would like to know if my current resume is too "unprofessional", this was an attempt to keep my resume from looking boring or like everyone else. [link] [comments]  | ||
| Canadian tax question! Visa gift cards Posted: 06 Jun 2018 07:53 PM PDT I have a friend that works at a financial institution. They do mortgages & investments etc. Recently they got a kickback from a realtor for "referrals" from clients. It amounted to a total of $500 in visa gift cards. Can anyone tell me if this is taxable for income tax? My understanding was that it's derived from employment duties, so it is taxable. But it's not from the employer so it is technically not employment income, but I'm wondering if it still has to be included in taxable income "legally". I need some references if anyone can help it would be greatly appreciated! [link] [comments]  | ||
| Advice - Time sensitive job offer; recruiting firms worth it? Posted: 06 Jun 2018 07:05 PM PDT Background: Just finished school with a bachelors in accounting, 2 internships (currently interning at small cpa firm which offered me 48k starting), living in suburbs but applying to industry jobs in city of Chicago. So I have 3 interviews this week (2 I had yesterday, 1 tomorrow), one of which already extended an offer of 50k but the offer is only good for 48 hours. I'm confident the other place will extend an offer too but not until next week. I'm wondering if I should just take the offer but keep looking since I was hoping for a bit more, or just turn it down and stay where I'm at. Reading reviews on Glassdoor shows they offered below the minimum salary as well as reviews saying they prey on recent dumb college grads, no opportunities for growth, etc. This 50k offer was found through a recruiting firm, however reading through other people's experience it seems it's better to look for jobs on your own than through a recruiter since they are basically taking a part of your salary as a fee that would have gone to you if you had found that job yourself. A previous interview through a recruiter stated 55k starting but that fell through. Should I keep in contact with these recruiters or just look on my own? I haven't had a lot of success looking on my own but I've only been at it for 2 weeks now. If you got this far, thanks for reading [link] [comments]  | ||
| Deriving cost of equipment from other information Posted: 06 Jun 2018 06:50 PM PDT Some students and myself aren't able to understand this question(3rd class of the series of 3 for undergrad), so we thought to ask here as a professional could probably understand this in a minute or less: Using the information below, compute the cost of new equipment purchased and the proceeds from selling used equipment: Equipment - Beginning Balance $500,000 Equipment - Ending Balance $600,000 Accumulated Depreciation: Beginning Balance $250,000 Accumulated Depreciation: Ending Balance $ 160,000 Depreciation Expense: $45,000 Gain on the sale of equipment: $5,000 Cost of equipment Purchased: $250,000 (meaning the equipment that was sold) [link] [comments]  |
![[link]](https://i.redd.it/1hecypos2f211.gif){kind=link}
![[link]](https://i.redd.it/3jx8jafgmf211.jpg){kind=link}
| You are subscribed to email updates from Accounting. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment