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    Home Unlabelled Accounting I spent way more time trying to get the same exact formatting as prior year than I would like to admit.

    Accounting I spent way more time trying to get the same exact formatting as prior year than I would like to admit.

    August 02, 2018

    Accounting I spent way more time trying to get the same exact formatting as prior year than I would like to admit.

    I spent way more time trying to get the same exact formatting as prior year than I would like to admit.

    Posted: 02 Aug 2018 12:41 PM PDT

    My dad still uses this for his luggage tag.

    Posted: 02 Aug 2018 03:27 PM PDT

    Why is it always cold inside a CPA firm's office?

    Posted: 02 Aug 2018 02:44 PM PDT

    Because there are a lot of drafts!

    submitted by /u/throwaway78249902
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    When you make partner, and want your staff to drown in Kool-Aid

    Posted: 02 Aug 2018 03:42 AM PDT

    Bang on keyboard furiously to make it sound like I'm working.

    Posted: 02 Aug 2018 03:06 PM PDT

    Heading into FAR next week like.. there’s always next time!

    Posted: 02 Aug 2018 01:33 PM PDT

    /r/accounting 2018 US Public Accounting Salary Survey

    Posted: 02 Aug 2018 08:47 PM PDT

    SURVEY

    I commented on a post earlier this week about potentially setting up a survey for public accounting salary by firm size and cost of living. It seems like there was solid support for this, so I went ahead and put together a short survey so the subreddit can have a salary guide for people in similar situations.

    After I've gathered a good amount responses I'll submit a follow-up post to summarize the data with significant findings and release the data set to anyone who wants to look through it themselves. If there are specific findings you want presented in the follow-up post please comment on it here and I'll do my best.

    If the mods could sticky this, I'd really appreciate it.

    submitted by /u/Atlasyn
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    How many hours do you actually work?

    Posted: 02 Aug 2018 01:33 PM PDT

    Hey Everyone,

    Throughout my 7 year career I have been in public accounting (audit) and two industry positions.

    In my current position I find that I regularly only have 20 hours of work per week at best. More if I can scrounge up some special projects. It seems like everyone in my group of 10+ people is in a similar boat and it has been this way for years.

    Contrast this with public and my last industry job where they try to overwork you to the point of breaking.

    Has anyone found a job that has a happy medium?

    submitted by /u/DeusExSnuffaluffagus
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    Interesting Accounting Videos??

    Posted: 02 Aug 2018 07:01 PM PDT

    I'm looking for some recommendations for any entertaining (more or less) accounting videos I can binge to help along with roping together the "big picture" stuff. My ideal "vision" for these videos would be something comparable to ExtraHistory, but I just don't see that happening. Any videos that were especially helpful for furthering understanding or cementing concepts in your head as you transition away from school and towards the workforce?

    For context....... I'm working through my accounting undergrad and I'm approaching graduation quickly enough. Only 2 more core accounting classes left, along with some misc business classes, and one general ed class to mop up. I'm 6 classes and hopefully an internship away from wrapping this undergrad degree up.

    Thanks in advance!

    submitted by /u/CivilizedPsycho224
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    Could use some advice fellow accountants

    Posted: 02 Aug 2018 06:50 PM PDT

    Tl;dr. Left my old job, boss is trying to make me pay back time off he gave me to study, not sure if I'm getting screwed over.

    So recently I left a small public firm where I did tax and write up to go to a large national firm doing audit. When I started at the small firm they offered to pay for my cpa exam and review course. However, this was treated as a loan $1000 of which was forgiven per year of employment.

    As I started working and studying for the exam my boss offered to pay for me to take time off to study. Usually a week outside of busy season and two days for the two parts I took during busy season. It worked out to be around $2000 in total.

    So when I put in my two weeks I was asked not to come back after working one week and my boss gave me a statement with the money I owed them, which I fully expected. The surprise came when I noticed he was charging me for the time he had paid me to take off to study. Never once had he said anything about this being included in the loan and honestly I wouldn't have taken as much time off had I known I would end up having to pay him back for it when I left.

    I did sign a contract as I started taking the exam but foolishly lost it in the process of moving (I'm such a dumbass, I know). I don't remember exactly what was in the contract but I'm 90% sure it didn't mention paying back wages for time off to study. I've since asked for a copy of the contract but have been met with silence.

    Obviously if it's in the contract I'll pay everything back. I don't want to cheat them out of money but I also don't want to get taken advantage of. I'm thinking of trying to reach out once more asking for the contract but wanted to get a feel for what you all thought of the situation and how best to proceed.

    Additionally, I was asked to leave after putting in my notice. Does that count as being terminated? I know the contract said I don't owe anything if I were to get terminated but I was thinking that probably wouldn't apply here? I don't want to sound salty cause I'm more than willing to pay them back. That just put me in a tough spot cause I ended up going a whole month without getting a paycheck afterwards.

    Thanks for reading this novel! I really do appreciate any advice.

    submitted by /u/samwise_thedog
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    Looking into majoring in accounting, have an important question!

    Posted: 02 Aug 2018 08:17 PM PDT

    I've been researching various majors for college after spending some time majoring in psychology trying to figure out what I really want to do, and I've come to the conclusion that the idea of having a "normal" job sort of bores me in a way. I'm vastly more interested in developing my hobbies that make me happy and just being able to live a nice modest life. So now what I'm thinking about is whether to major in accounting because after doing some research, the projected job growth is 10-11%, which is pretty nice. I'd be able to help myself or my friends if I or they decide to start a business in the future, and according to what I've read finding a job as an accounting major is not difficult. I do have an interest in accounting and I've taken a class involving it before and enjoyed it well enough. I'm just worried about one thing in particular. Through my research it seems that a lot of people may be worried that accounting jobs are destined to be replaced by computer automated programs in the near future. Despite this, the projected job growth for the field is still around 10% by the Bureau of Labor Statistics . So I'm confused, should I be hesitant about this career path considering all of the articles online about accountants being destined to die out due to automation, or should I not be worried about that? I want a secure, decent paying job I can fall back on while pursuing hobbies and other more risky ventures in the future. Apologies if this question has been asked before in this sub, and thank you for your time :)

    submitted by /u/_Zann
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    Dumb question, but should I dress professional for a security badge picture for big 4?

    Posted: 02 Aug 2018 12:15 PM PDT

    I always read on this subreddit that you don't wanna be the FY associate that wears a suit to the office. So I was not sure if that held true to the security badge too or if you should do a security badge professional attire picture?

    The only details given about attire are:

    "Attire must adhere to Big 4 dress guidelines (Minimum ​Smart Casual or Business Casual) "

    submitted by /u/SarbanesThrowAway
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    Do you usually browse reddit or other sites at work?

    Posted: 02 Aug 2018 01:48 PM PDT

    I have a dual monitor set up so I usually just have reddit and other sites on one monitor and my work on another.

    It helps to pass the time when a day is slow.

    submitted by /u/AmbitiousAssociate
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    How much can be achieved in 5 years?

    Posted: 02 Aug 2018 02:35 PM PDT

    I basically want to know how high someone who has never worked in accounting can get in five years. Assume this person is coming in having passed the cpa exam, but has not worked in accounting yet. Would a really driven person still be pretty much at the same position after five years had passed with them consciously trying to move up? End goal is to be a controller or cfo, probably controller, something making six figures.

    submitted by /u/accountingstuden
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    "Experienced associate"

    Posted: 02 Aug 2018 03:41 PM PDT

    CPA Layout

    Posted: 02 Aug 2018 12:06 PM PDT

    I am about to enter my 4th year at Saint Louis University and will be obtaining my Masters in Accounting in May 2019.

    I hope to get CPA certified in Illinois as early as possible. So, I want to apply for the provisional status, so that I can sit before I graduate.

    The only requirement for the provisional status is that I must provide my completed courses to the board 120 days after I sit for the first exam, correct? (And that I meet all the course requirements by that time as well)

    This is my current plan/study schedule.

    Logistics/Provisional Status – by 1/1/2019

    Start studying – on 1/1/2019 Take Test #1 – on 2/30/2019 Start studying – on 3/1/2019 Take Test #2 – on 5/1/2019

    Graduate/Prove Courses 5/15/2019

    Start studying – on 5/1/2019 Take Test #3 – on 7/1/2019 Start studying – on 7/1/2019 Take Test #4 – on 8/30/2019

    Would this plan even be possible or is it perhaps too aggressive while doing my masters?

    For my actual study schedule I plan on just using Wiley and getting the 4 books and online MCQ's. I am a pretty self-directed learner and don't think I would benefit or need in person lessons or videos. So, I was thinking that just going through the book and making flashcards for everything and doing the MCQ as I go should be enough. (Purchasing Ninja supplemental questions if need be too) I plan to dedicate around 14 hrs/week, so with two months that would bring me to 112 per test. (Obviously give or take depending on the test too)

    Basically just trying to gather opinions and any advice you guys would have to offer.

    Thank you to all in advance.

    submitted by /u/AuntBDBagelBee
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    A Level Accounting Study Material?

    Posted: 02 Aug 2018 08:58 PM PDT

    Hey guys! I'm giving my exams in October 2018 with Cambridge and wondering if there's any helpful material out there that can help me study? I have Topical and Yearly past paper questions to help me out. The textbook is trash and should burn in hell for all of eternity for being the most unhelpful garbage I've ever read. My personal tutor is very helpful but I was wondering if there may be anything that could help me out with studying?

    Edit: Giving both AS and A level exams. Thanks!

    submitted by /u/chiqwe21
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    Place interviewed me for the third time after rejecting me twice

    Posted: 02 Aug 2018 05:01 PM PDT

    So Ive been interviewing for a tax auditor position at a certain branch. This branch office called me all the way back in October 2017 for an interview and rejected me the following month. The same office than calls me in again in January for an interview and rejects me in March. They than again called me in today for an interview. I just got back from the interview right now and am telling you this. Like what is their deal? Do they want to hire me or not? All three interviews have been for the same position. You don't need to interview me three times. What is going on? FYI this is a government position. Also the same people are interviewing me. He even said "Nice to see you again"

    submitted by /u/isdcaptain
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    My thoughts on learning IFRS since intermediate 1

    Posted: 02 Aug 2018 02:43 PM PDT

    Best MS program to pursue?

    Posted: 02 Aug 2018 08:41 PM PDT

    I go to a target school in NYC and am currently a rising senior. My ultimate goal is to get into big 4 advisory. I was leaning on getting my MS in tax for a while because all of my itnernships have been in tax but from what I've heard it would be better to go for MIS or MAcc if I wish to get into advisory. Do you think MIS would be better than MAcc?

    submitted by /u/_had2
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    Accounting major question...

    Posted: 02 Aug 2018 08:39 PM PDT

    I'm about to start school this fall as an accountant major. I will be at a small private school (North Greenville University). Are they an accredited university that'll land me a decent job whenever I put in my hard work and come in top percent of my class?

    submitted by /u/1776dmc
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    Switching to Data Analysis

    Posted: 02 Aug 2018 07:26 PM PDT

    I'm very strongly considering moving to a Data Analysis role. I've done 4 years at a chartered firm and another 4 years in industry. Standard stuff, financial reports, cash flows, budgeting, tax. I definitely feel like I'd like to move towards an Analyst role.

    Unfortunately I really have no idea where to start. What do I need to learn? What do I need to include in my resume that employers would want to see? Should I be looking at junior shitkicker roles or should I be looking to get a job at the intermediate level?

    submitted by /u/awesome__username
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