Accounting Well this is awkward ... |
- Well this is awkward ...
- me asking my manager for time off the week we file
- Just took FAR...delightfully surprised
- Did I Ruin My Career?
- CPA Prep Course Comparison Chart
- Help on finding a Job
- How early to apply for a new job when I know I'm leaving?
- Has anyone taken BEC in Q3?
- Free Talk Friday
- How does you firm deal with staffing seasonal fluctuations (aka busy season)?
- Can I / should I argue my raise and bonus?
- Staff Accountants working in San Francisco, how hard is it for you to live?
- Are most accounting jobs like this?
- Accounting in School versus Public Accounting Career
- Have you ever switched industries? If so, what's your story?
- Student networking advice? [CAN Toronto]
- Surviving LA on an accountants salary
- Never studied in undergrad, what's the best way to tackle CPA exam prep?
- Should I hold off on graduating?
- For those who used Becker CPA Review
- Co worker consistently asks for help with excel.
- Is anyone in RSM FAO?
| Posted: 06 Jul 2018 11:37 AM PDT
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| me asking my manager for time off the week we file Posted: 06 Jul 2018 02:00 PM PDT
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| Just took FAR...delightfully surprised Posted: 06 Jul 2018 07:27 PM PDT I've been saving the Beast for last and from a studying POV, it sure as hell lived up to its reputation. From a testing POV, it could have been much worse. First and foremost, anyone who is in the process of scheduling exams, DO NOT SCHEDULE AN EXAM THE SAME WEEK AS A NATIONAL HOLIDAY (especially a day or two after). Rookie move on my part. Second, don't get caught in the weeds going through Becker or whatever study material you may have. The multiple choice on Becker seem to encompass every little detail of each module repeated 40 times that by the end of it you may have spent 2 hours memorizing what foreign currency rate to use for each account for Revaluation vs. Translation, but just understand the difference from a high level and you will nail those two questions on the exam. Lastly, it's just an accounting test. If you can understand what the question is trying to test you on you will do fine. Most likely the exam will just tell you what method or estimate to use, which is what surprised me the most about FAR since so much of the studying dealt with understanding what methods/estimates to use and in what situations. There's obviously a bunch of topics covered from different accounting classes that makes the prep daunting, but just get high or drunk (preferably high) and think about it for a bit and you will be enlightened with how it all flows together. Seriously. Time to get faded and make bad decisions. Go Bills! [link] [comments]  | ||
| Posted: 06 Jul 2018 04:37 PM PDT | ||
| CPA Prep Course Comparison Chart Posted: 06 Jul 2018 06:05 AM PDT This came as a clickbait promoted "post" on Reddit, and it is from the Ninja website, but even still, I found it to be a nice overview and comparison between the different CPA prep courses. https://i.imgur.com/tlojbHl.png source: https://www.another71.com/cpa-review-course-comparison/?utm_source=cpa-review-discounts Disclaimer: I do not work for any of these companies, I was simply comparing CPA prep materials and had already decided on going the NINJA route when I was browsing reddit and saw this "post". [link] [comments]  | ||
| Posted: 06 Jul 2018 09:22 PM PDT I have a Bachelor's degree in Accounting. I'm currently an AR analyst and I do enjoy my work. I make deposits, run reports for management, calculate monthly commissions using excel, etc.. I have been in this role for 4 months now. Before that, I was a Billing Specialist at the same manufacturing company. I do enjoy my work, but I feel that AR is not a good career path -- what do you guys think? If finding another job is better than staying, what job titles to look for? Any help would be greatly appreciated. Thanks much 😘 [link] [comments]  | ||
| How early to apply for a new job when I know I'm leaving? Posted: 06 Jul 2018 05:14 PM PDT Due to some personal issues I need to move back near my family (next state over). I can't leave until January, or else would have to pay back CPA expenses and signing bonus. That will put me at 3 years experience. Me: 3 Years Experience at a F100 in 2 different positions Mostly Cost Accounting, G/L Accounting, and Internal Reporting. CPA If I know I'll be leaving about that time, when should I start talking to recruiters or applying for positions? Should I talk to recruiters soon, so if they know a position opens they have me in mind? What kind of salary could I expect with CPA and my experience? (midwest - Currently at $69k) Thanks [link] [comments]  | ||
| Posted: 06 Jul 2018 07:34 PM PDT I'm taking BEC in a few days, if anyone has any last minute study suggestions please let me know. [link] [comments]  | ||
| Posted: 06 Jul 2018 11:15 AM PDT Hope all of you had a nice holiday! Currently lounging around on my new hammock, one of my better investments in the past year. [link] [comments]  | ||
| How does you firm deal with staffing seasonal fluctuations (aka busy season)? Posted: 06 Jul 2018 07:14 PM PDT Staffed to meet peak & half sit idle for non-peak? Bringing in temp secondees to deal with peak? ...etc. I'm in an office that experiences wild peak season so curious how others manage this. [link] [comments]  | ||
| Can I / should I argue my raise and bonus? Posted: 06 Jul 2018 05:40 AM PDT So I started at my firm as an intern in January 2016. After busy season I continued my internship full time while I finished school (I went to night classes). Busy season of 2017 I had one day a week off (wed) for school but other than that I was essentially full time as I did the 60+ hours a week. I graduated school in August and started "real" full time in September 2017. Since September 2017 I have the most hours out of any staff or senior. Because of this and because I'm given what I believe to be senior work (based on seniors doing it in pervious years and compared to what my fellow staff are doing), I went for promotion here in July. Long story short my review was nothing but praise and how they love they can give me harder work at my level (what the hell) but I was not going to be promoted. Okay. I can live with that. But what I can't in my mind love with is my salary and bonus. Back in April 2016 I agreed to a 51k salary whenever I was to start full time. Considering my basically full time internships and my actual full time employment I thought I'd get a very good raise to make up for this time. I received a $2,500 raise and $2,500 bonus. This stings. My best friend at work back in 2015 after 6 months of work got this same raise and bonus. I view him as a mentor and he told me he has never gotten less than a $3,500 raise and bonus and he openly admits to me that I'm doing harder stuff than he did at my time frame. And like I said EVERYONE sings my praises. I constantly get good reviews and am given the harder engagements because I "do quality work beyond my level". felt this was a huge slap in the face after hearing this for 2.5 years. At $53,500 I'm making only $500 more than a new hire. Also new hires get a several thousand dollar sign on bonus which I never got. In fact back January I got my friend hired from school (no prior experience) and she started at $53,000, plus a $2,500 sign on bonus, and will be getting a raise and bonus next week! My friend who I brought to the firm will have in 6 months make more money than me after 2.5 years of experience. My close coworkers are telling me argue this. But I feel so defeated. I spent hours crying after my review yesterday and asked to take PTO today (I assume by this they know I'm unhappy). I don't know if I want to argue. If they can't see my worth why do I want to work here? But would I even be better off at another firm? Probably not as I'd start over again I'm seriously considering quitting, maybe even quitting accounting. I busted my ass off juggling school and work and then even when I become full time I work more charge hours than anyone else (hell I even have more total hours than most managers because they wanted me on the internal golf outing and happy hour, etc... planning group and be apart of the recruiting team) only to be rewarded with a salary that is $500 more than if I was to start tomorrow. I'm probably thinking with a lot of emotion right now and I'm may be 100% off base. [link] [comments]  | ||
| Staff Accountants working in San Francisco, how hard is it for you to live? Posted: 06 Jul 2018 06:41 PM PDT Staff Accountants in a mid-tier firm get pay around $55k/yr starting out, I think. How livable is that wage in San Francisco. How are your co-workers able to live in the city? [link] [comments]  | ||
| Are most accounting jobs like this? Posted: 06 Jul 2018 09:02 AM PDT Hi everyone. Using a throwaway because too many people know my real reddit. I am currently employed at a fairly large not-for-profit hospital system (like 6 hospitals in the area) for an internship. This one of my 2 internships I have had. My other was at a private corporation, but they did not really give me any staff accounting work or even pair me with staff accountants to see what they do, they just put me to work in AP processing invoices. Any way, here at my NFP, it just seems extremely unorganized and slow. For example, we use multiple different systems to run reports and store information. For reports and information, we use a completely web-based system that cannot be linked to Excel at all (i.e. no PowerQuerey). I am currently in the process of looking up 120 different accounts individually because the necessary data cannot be viewed or exported in any way as a mass. Another thing is that a lot of our information is stored in a *terminal emulation software*. I had no idea these even existed. I also have a task that involves searching 500 accounts individually in the fake terminal to see if a certain number appears. The cost accountant down the hall has to use Access to retrieve a number to search in the terminal to get another number to search in another database just to find the cost of a product. One last thing is that when we have month-end, we pull our reports, from another random database I have never heard of, however the "Excel Export" button doesn't work. After contacting the reporting company trying to find a solution, they said "We don't know" and that was it. No answers, no trying to solve it, nothing. So now we print all of our reports and enter them manually into Excel. This process can take 2 full days for me to do when it could take an hour with Excel, and I only do 2 reports. So ultimately, here is my question: Is it like this at most places? 5 or 6 different databases for reporting and storing information? Manual entry of monthly reports which takes days? It seems like everyday there are tons of problems with software not working with each other and causing tons of issues. Also, yes, I know I am an intern and interns get stuck with tasks and work like this, but the managers even do this stuff. I like solving problems with "where is the money? where did it go?" not "why isn't database A working with database B?" I am the type of person who loves figuring out ways to streamline processes and make things as smooth as possible, and this place makes me want to inhale black tar heroin instead. Thanks for the help everyone. Quick Edit: added content. [link] [comments]  | ||
| Accounting in School versus Public Accounting Career Posted: 06 Jul 2018 10:05 AM PDT Hi everyone! I've been posting quite a bit lately to try and reassure myself that i'm making the right decision not to pursue a career in public accounting. So I actually enjoyed accounting in college quite a lot. We learned new topics every week, practiced problems by hand on paper like our old high school math classes, asked questions and had debates in class, and the best part was that I got to work on assignments with my best friends talking and having a blast learning with each other. Starting out at a regional public audit firm during busy season, everything changed. My life went from having the freedom to attend practically any class of my choosing and study wherever and whenever I wanted, including outside at the coffee shop or by the pool, to 60 hours a week confined to one 6 x 6 spot in an air-conditioned, fluorescent office cubicle. I constantly got up to refill my tea, water, snacks, or go to the bathroom etc. to the point that it felt like I had ADHD. A stand-up desk helped but only trivially and caused other problems. Working behind a computer 11 hours a day was unexpectedly lonely and isolating because, for the most part with some exceptions, it's not necessary to communicate with anyone to do the work (compared to my mom who is in sales and my brother who is starting out in real estate), caused eye strain, and i'd feel mentally drained and sick by the end of each day. This was nothing like school. It felt empty and meaningless, like each audit meant nothing and added nothing of tangible value to the world, even though I could have set realistic goals for myself like studying for the CPA exam or pursuing promotions or something. I burnt-out, became seriously anxious, and depressed all in the course of the three month internship even though I had previously been an ambitious 3.7 student with lofty ideals. It has been three months since the internship ended and i'm slowly recovering from the burn-out (which admittedly probably started during college) as I work part time doing valet, which I actually enjoy a lot. I've begun to consider multiple other career paths - should've done this earlier in college or even high school but better late than never - like law school, sales, accounting phd, engineering, medical school (most likely psychiatry), dental school, the psychology field, law enforcement, fire, even the military and a bunch of others. A big con for many of them is huge debt + over-saturation and for others it is eventual automation or outsourcing, low pay, lack of autonomy or career flexibility, and the chance to get burnt out again. If I really couldn't figure anything out, i'd probably try food service or one of those entry level car rental management training programs. So many options. What I finally came up with was construction management and / or a skilled trade. It feels like I will be taking a step down given that I already have a college degree and due to the perception of blue collar work in our society. I've done a little work now as a plumbing assistant at residential construction sites and it's pretty fun and there's a lot to learn. It's hard work and I know that I might struggle for a bit and just barely get by until I figure it all out and get certifications. I'm truly terrified that i'll regret my decisions compared to the clear 80k, 5 year path grinding it out in public accounting. But I also know that there's good opportunities in project management or business ownership later down the line, ill be learning skills that can't be automated or outsourced, and I don't feel miserable at work. Does anyone have any thoughts? [link] [comments]  | ||
| Have you ever switched industries? If so, what's your story? Posted: 06 Jul 2018 12:50 PM PDT My own is that I started in public targeting healthcare, only to come out working in retail, logistics, another healthcare stint, and finally in software (as a controller). What's your story for switching industries? Do you like your industry? Do you loathe it? [link] [comments]  | ||
| Student networking advice? [CAN Toronto] Posted: 06 Jul 2018 05:44 PM PDT I'm looking for advice on how to network in order to find a full-time position. Last September I went through the standard applications and went to networking events at Ryerson, I had one in person interview, one video interview, and no offers. I'm would prefer a position in Tax, previous I applied to Audit, but I realized I really love tax work. I delayed my completion date of my required classes until December 2018 so that I could reapply to public, have been volunteering in a community tax clinic in part to gain some office/tax/accounting experience. I have a non-commerce undergrad, and I have completed almost all of the undergrad classes required for entrance to PEP. So no coop or internships, but I do have a full-time service industry job. So my understanding is that I should message recruiters to go for coffee? I guess I just search local companies on linked in and message them on there, or email if I can find it on the firms' website? I'm already waiting to hear back from the recruiters I met at previous events. Is there anything else I'm overlooking that I should be doing? [link] [comments]  | ||
| Surviving LA on an accountants salary Posted: 06 Jul 2018 07:21 AM PDT All my LA accountants, how comfy are you guys on an accounting salary? Both my wife and I are studying accounting and want to move somewhere after graduation. I'm not thinking long term with accounting, there are some other things I would like to get going out there. My wife is very interested in rising through the ranks, so after a few years shed be making decent money. No kids, 2 salaries, okay with small apartment inside the city(not dealing with a commute from the suburbs, I know traffic will suck no matter what though). What ya think? [link] [comments]  | ||
| Never studied in undergrad, what's the best way to tackle CPA exam prep? Posted: 06 Jul 2018 02:28 PM PDT I'm going to graduate in December and plan to sit for the CPA exams after that. I've never really studied and I'm worried about how to prep for a major exam. I've always been a good test taker and I understand the material without much effort. I know the CPA is more complex than that. Wondering if anyone has had a similar experience? [link] [comments]  | ||
| Should I hold off on graduating? Posted: 06 Jul 2018 08:55 AM PDT I'm in a MAcc program now, scheduled to graduate at the end of next summer. I know recruiting season is in the fall, and I'm getting ready for this year's. Would it be better to push my expected graduation date to after the fall semester, so I get another season (internships now, full-time then), or will it be better to get out four months earlier? [link] [comments]  | ||
| For those who used Becker CPA Review Posted: 06 Jul 2018 07:01 PM PDT So this now my new friday and saturday nights: studying to pass this damn exam lol. My question's is the calculator on the computer in Becker similar to what you get to use when taking the CPA exam? Any other non-obvious studying tricks and tidbits are appreciated as well, thank you in advance! Happy Friday night [link] [comments]  | ||
| Co worker consistently asks for help with excel. Posted: 06 Jul 2018 08:00 AM PDT I'm in AR and my Co worker asks me to come over to help with concatenate and vlookuo every other day. Today I said to use Google and she claimed that's not how she learns. However, everytime I've come over to assist all she does is enter the formula then waits for me to tell her which cells to click on and what to type without even trying. I've told her plenty of times to try googling and she's always brushed me off by saying I don't learn that way or I'm signed up for an excel class next month. She became very passive aggressive towards me and I really just don't know how to handle the situation since I know she's never going to ask me now and she will just do everything manually - my team is charge of assigning payment dates to invoice numbers - which tally up to the thousands. [link] [comments]  | ||
| Posted: 06 Jul 2018 05:28 PM PDT Wondering if anyone has any experience in RSM FAO (Financial and Accounting Outsourcing). I'm currently a staff auditor and am up for promotion to senior. One foot is already out the door for me and I want to move away from audit. The role involves transaction processing and reconciliation (GL accounting), which I do like from my previous experience in private accounting. Is the salary on par with an auditor's salary? Judging from the job post, it looks like it's categorized as "Consulting Services." Any insights appreciated! [link] [comments]  |
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