Accounting Let’s get this bread |
- Let’s get this bread
- Re: Congratulations on the offer with [Firm Name]!
- Why is CPA so highly regarded in public accounting?
- Cheers!
- Of all the career branches for Accounting majors, which job do you think fits an introverted individual the most?
- Where do I find a girl who will love me not for who I am but for my non-current accrued income?
- What’s the coolest perk of working at your CPA firm?
- I need to quote a source on capital purchases
- When did y'all start studying for the CPA exam?
- Virtual Interview didn't go as well as I would like
- Does anybody genuinely enjoy accounting? If so, how?
- (CAD) CBAP vs. PMP vs. Data Analytics Certificate?
- Internal Audit interview
- Taking BEC next week, any advice for this quarter?
- If I want to pursue a CPA and then law school, would I need to work 2 years of public accounting in order to have my CPA recognized, or would I be able to just pass the CPA and then go to LS?
- Need help with Partnership Tax HW
- AIS frustration
- Help please Registered Nurse to Accountant
- Xpost from cars, Georgia is cracking down on people who use Montana LLCs to register exotic cars. Whatcha guys think?
- CPA without Accounting Degree?
- [Serious] What realistic job/career would you pick over accounting if you had the money, time, and/or ability to learn the new field?
- When should you join the AICPA and local CPA groups?
- How do you decide between offers if pretty much all of them are the same?
- Choosing between EY and PwC
| Posted: 27 Oct 2018 11:17 AM PDT
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| Re: Congratulations on the offer with [Firm Name]! Posted: 27 Oct 2018 12:02 PM PDT Dear [recruiter name], I wanted to thank you for your interest in me these past few weeks! As I have been evaluating other candidate companies, I am afraid that I will not be moving forward with your company at this time. It was a very competitive process, and while the people of [firm name] were impressive, the herd had to be cut somehow. I wish [firm name] the best of luck in all its pursuits, and I will continue to watch your career with great interest! Regards, Me [link] [comments]  | ||
| Why is CPA so highly regarded in public accounting? Posted: 27 Oct 2018 03:14 AM PDT Isn't it only partners who actually use their CPA privilege by signing off on work papers? Why do public firms want you to get CPA so badly? Is it for their credibility? [link] [comments]  | ||
| Posted: 27 Oct 2018 08:28 PM PDT
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| Posted: 27 Oct 2018 02:23 PM PDT | ||
| Where do I find a girl who will love me not for who I am but for my non-current accrued income? Posted: 27 Oct 2018 01:45 AM PDT | ||
| What’s the coolest perk of working at your CPA firm? Posted: 27 Oct 2018 10:20 AM PDT | ||
| I need to quote a source on capital purchases Posted: 27 Oct 2018 03:57 PM PDT My HOA had a reserve study done. They took an inventory of all fixed assets, determined the actual useful life and estimated the future replacement cost to come up with recommended reserve balance and funding plan. One of our board members wants to buy $4,500 worth of lights (not replacements and no current lighting) and take the money out of the reserve funds. His argument is that it is an "enhancement" to the gate systems. I maintain it should come out of our capital budget but I would LOVE to quote a rule on this. Any help? [link] [comments]  | ||
| When did y'all start studying for the CPA exam? Posted: 27 Oct 2018 08:31 PM PDT When did you start looking over Wiley, Becker, etc material? I.e. During your senior year? [link] [comments]  | ||
| Virtual Interview didn't go as well as I would like Posted: 27 Oct 2018 05:38 PM PDT Had a virtual interview (they give prompted questions, you record yourself responding with up to 30 seconds of prep). It was for an internship for a local industry position in the Audit dept. I am a middle aged veteran with a 4.0 and about 2yrs from graduating. Solid audit experience...just not in accounting (I was quality assurance and an internal and external auditor for maintenance and training records). I stuttered and brain farted a few times, though tend to be much better in person. Does anyone have experience in these types of interviews? If so, how eff'd am I? [link] [comments]  | ||
| Does anybody genuinely enjoy accounting? If so, how? Posted: 27 Oct 2018 10:54 AM PDT I am a 20 year old university student in Canada who worked at an accounting firm this past summer. For me, it was hell. The job was so boring and formulaic, requiring virtually no strategic/creative thing. Just filling in numbers and relaying information to different software systems. I am now doing a co-op with one of the big five banks in asset management and find it infinitely more interesting and enjoyable, and the pay is a lot better. I am wondering if any accountant/aspiring accountant actually enjoys accounting, or if it's just the best paying thing they can find given their education and skill-set. [link] [comments]  | ||
| (CAD) CBAP vs. PMP vs. Data Analytics Certificate? Posted: 27 Oct 2018 07:15 PM PDT Hi everyone, I'm a little bit stuck on a decision I've been trying to make, so I figured I take the temperature here seeing as there are a lot of really knowledgeable people here. I have an accounting degree from an Ontario university....but not one that is highly sought after by Big 4/major accounting firms (i.e. not Schulich/York, Rotman, Waterloo, Ivey, Laurier). My GPA is pretty good, but my extracurriculars and work experience is lacking. Long story short, I really hated extracurriculars in university and felt so burnt out most of the time I just didn't bother with them, so that lead to a lack of work experience, vicious cycle continues, you get the picture. I worked 5.5 months at a local regional accounting firm that I utterly despised. Like absolutely hated. My end goal is to work either in government (because sick pay, pension, benefits and regular hours are my jam), industry, or for a municipality (like the City of Toronto, York Region, etc.) as a Business Analyst. A lot of these roles ask that you have a PMP (Project Management Professional) designation, or a CBAP (Certified business analyst professional) designation, or experience in several softwares that I have literally never encountered (SAP, ERP, Hyperion, Oracle, etc.) In an effort to make myself a more competitive applicant, I've been considering taking a post-graduate certificate course at college in one of these three areas: Business Analyst for the CBAP, Project Management for the PMP, or Data Analytics just to get experience in these softwares that seem very highly sought after. Which course or designation do you think will serve me the best in pursuit of my goals/look the best on my resume/give me an edge over other applicants? Any insights you could provide would be amazing! :) Thank you!!! [link] [comments]  | ||
| Posted: 27 Oct 2018 04:48 PM PDT Hi, I have an interview for an internal auditor role with a major bank on the IT side for application controls, does anyone have any advice/ tips for the interview. I'm an internal candidate with no audit experience, but 4 years of experience within the business plus almost done the cpa. Thanks! [link] [comments]  | ||
| Taking BEC next week, any advice for this quarter? Posted: 27 Oct 2018 10:48 AM PDT | ||
| Posted: 27 Oct 2018 09:57 PM PDT | ||
| Need help with Partnership Tax HW Posted: 27 Oct 2018 06:11 PM PDT Guys, I am having a hard time figuring out the answers to these questions. Would really appreciate your help on any or all of these! Thanks!! Partners X and Y own the XY partnership. XY owns a building with a book value/tax basis of $800,000 and an associated nonrecourse debt of $900,000. All of the depreciation on the building has been allocated to Y, and the original cost of the building was $1,100,000. X is allocated 65% of the partnership gains and losses, and Y gets the other 35%. How much of the nonrecourse debt is allocated to each partner? C is "owed" $100,000 by the equal AB partnership. C's note indicates that the interest rate will vary depending on the performance of the partnership, and the note can be rolled over indefinitely as long as the partnership wishes it to be rolled over. The note is subordinated to any other liabilities of the partnership, except that it is secured by property with a current value of $120,000. A and B's capital accounts total $2,000, and the terms of the note allow C to have a say in certain business decisions of the partnership. The partnership is in the real estate rental business, and its properties are rented virtually 100% of the time. At the current time, C's debt is the only debt the partnership has. What factors indicate that the note is debt, and what indicate that it is equity? Which should it be classified as? The equal AB partnership had $100,000 of recourse liabilities. At the end of a hypothetical constructive liquidation, partner A would be obligated to pay $100,000, and B would be obligated to pay nothing. Because of the nature of A's obligation, B had to guarantee to pay it if A could not. How much of the partnership liabilities should each partner be allocated? Not sure if this is right, but here is what I got: A and B should each be allocated $50,000 of the partnership liabilities (0.5 x $100,000). Partners X and Y own the XY partnership. XY owns a building with a book value/tax basis of $800,000 and an associated nonrecourse debt of $900,000. All of the depreciation on the building has been allocated to Y, and the original cost of the building was $1,100,000. X is allocated 65% of the partnership gains and losses, and Y gets the other 35%. How much of the nonrecourse debt is allocated to each partner? [link] [comments]  | ||
| Posted: 27 Oct 2018 10:59 AM PDT Just curious because I'm frustrated and tired of this class, who uses the things they learned in Accounting Information System in their current job? and how?(XBRL, Data Modeling, XML,UBL, Tableau ( haven't learned this one yet) My professor just reads directly from the slides and it's getting to a point now where I'm contemplating even coming to class Also anyone that does, can you look at my XBRL assignment? I already turned it in but it's not well formed and I can't seem to decipher the error message it's giving me [link] [comments]  | ||
| Help please Registered Nurse to Accountant Posted: 27 Oct 2018 09:30 PM PDT Hello everyone, first off thanks for clicking on my quarter life crisis, I hope it's entertaining. I have been a nurse for about three years and I have come to believe it is not the right job for me. It's mentally very exhausting dealing with death and sickness on a ongoing basis. I have always wanted to be an accountant however last minute I chose to do nursing at the UofC in Calgary. I am currently doing my prep courses for becoming a CPA, I am really enjoying the courses and am doing fairly well. I was just wondering if anyone is in the same boat as a CPA student with a non business background, and those who have pursued this route how was it finding a job, internship. Or just any advice would be great ! I am very social and am in the process of perhaps joining the accounting team at my school, and attending CPA meet and greets as well! Thank you ! [link] [comments]  | ||
| Posted: 27 Oct 2018 09:28 AM PDT | ||
| CPA without Accounting Degree? Posted: 27 Oct 2018 05:29 PM PDT Hey guys, Has anyone gotten their CPA without an undergrad Accounting Degree? I am from NYS (currently a Senior in University), and am a Finance & MIS major. An unexpected career path has led me to Big 4 Advising next Summer/Fall, and I was wondering if anyone has gotten their CPA without an Accounting degree. I know I don't need the CPA, but it certainly can't hurt. I have the 150 credits, or will by the end of the semester, but I do not have the majority of the Accounting requirements. Any advice would be greatly appreciated! [link] [comments]  | ||
| Posted: 27 Oct 2018 03:53 AM PDT For example, unless you are currently getting offers from the NFL, playing professional football would be unrealistic. And unless you are hot or into weird fetish stuff, a porn star is also out of the picture. A more realistic goal would be going into say tech or fleeing the country and working in a more sane environment. What are your dreams and why did accounting crush them (hypothetically)? [link] [comments]  | ||
| When should you join the AICPA and local CPA groups? Posted: 27 Oct 2018 05:08 PM PDT Is there a point/benefit of joining the AICPA if I am just someone doing the exams and have a bachelor's degree in accounting? [link] [comments]  | ||
| How do you decide between offers if pretty much all of them are the same? Posted: 27 Oct 2018 10:16 AM PDT I got 4 offers that all seem the same to me. Two of them at top 50 firms and the other two are fairly large local firms with around 70 to 80 people in the office. Pretty much they all just do individuals and C Corp tax returns. They seem to have similar cultures and told me the exact same things in the interviews. Does it even matter what firm I pick right now? I was hoping to switch to B4 or a national firm after 2-3 years. I was also hoping to jump into international tax or business tax in 3 years. Would firms let me do this or do I have to start from scratch if I start my career in a smaller firm [link] [comments]  | ||
| Posted: 27 Oct 2018 08:48 PM PDT I want to preface this by saying that I have had good experience with both companies; I know people that have gone through each internship and are happily returning after graduation, and the people I have met during recruiting have been great tools in my journey of finding my own internship. After having gone through recruiting I have come out with two offers for an Assurance internship; EY and PwC. I just had EY's office day, and while I came into it leaning towards EY, I must say I had a fantastic time. I liked both the people at the office and the fellow recruits, and the ones I spent the most time with were very candid about their experiences at the firm. Still, a couple of my friends think I'm kinda crazy for not immediately jumping at the PwC offer because they are the largest of the 4. Are there opportunities that PwC will open to me that EY necessarily won't? Am I crazy for preferring EY over PwC? [link] [comments]  |
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