Accounting When I get home from a long day at the office, then remember it’s busy season and I have to go right back |
- When I get home from a long day at the office, then remember it’s busy season and I have to go right back
- Why not try accounting?
- Change my view: big 4 culture is toxic and not worth it m
- My intern when I ask him to calculate depreciation on an asset with a useful life of 2 years
- Just need to rant
- Any bilingual accountants with experience working accounting for businesses set in Mexico or translation for accounting terms?
- [CAN] Actual Posts from the CPA Discussion Board!
- No joke, staff II life is pretty nice!
- Is it possible to learn financial accounting in 5-10 days? before the midterm just half the coarse
- Quitting
- BIG 4 OR BIG OIL AND GAS COMPANY? FOR INTERNSHIP
- Tax guy worried about getting laid off during slow season
- If the actual return on plan assets is $4500, PBO is $60000 and accumulated OCI from PSC is $4700, then how long will it be until I shoot myself in the cock?
- Is there anything as anti-climactic as the issuance of a big set of financials
- I have an internship offer for Spring 2019. I don’t really know anyone at the firm. Should I go to the Christmas party?
- EY, PwC, KPMG, or RSM?
- May be relevant to some on here.
- TIL that purchasing a warehouse is an expense and any hiring of staff isn't an operating expense. I've been doing work wrong this whole time and will be switching out of accounting to work in an Amazon warehouse. Probably better hours.
- Transitioning out of Tax-Do I Need to Start Over
- [Canada] Recent CFE writer looking for first public accounting job... What're the best resources for me to read/learn tax/audit from?
- Do only alphas get into Big 4?
- Are there any alternatives to a bachelor's degree in Accounting? Maybe some kind of certificate or accelerated courses program?
- Background Check
| Posted: 25 Oct 2018 08:10 AM PDT
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| Posted: 25 Oct 2018 09:28 AM PDT
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| Change my view: big 4 culture is toxic and not worth it m Posted: 25 Oct 2018 08:46 PM PDT Extremely jaded staff 2 here. Big 4 culture is toxic. Big 4's are understaffed because the work environment is awful, and the work environment is awful because big 4's are understaffed. $50k is okay money, but mediocre for people with a graduate's degree, and a paltry amount to sit there and it up the ass everyday from people who are drowning in koolaid, who you can't speak your mind too. For what? The ability to earn (what HR must think is) barely above the opportunity cost of jumping ship? How could anybody stay long enough to make partner? And why make a career out of it? Auditing is not important enough to squeeze every bit of life out of your subordinates. The only reason to stay is because of recruiters who like the reputation of big 4 alumni to have a high tolerance for bullshit. That's all I can think of "But muh muh muh people are the best part of working at XYZ!!" The fuck they are. Occasionally you come across somebody woke enough to smell the fucking roses from the day they walk through those doors, but too many people outright suck, at least up the chain. Theres an extreme selfishness among half of the managers and the majority of partners. They need to be told what to think, what to believe. They can't for a second see past the facade of these superficial propagandist sweat shops. [link] [comments]  | ||
| My intern when I ask him to calculate depreciation on an asset with a useful life of 2 years Posted: 25 Oct 2018 01:05 PM PDT
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| Posted: 25 Oct 2018 08:05 PM PDT I really enjoy auditing and accounting, and I like my managers and partners and coaching new staff. But I fucking hate knowing that people who try to scapegoat me, fuck around when our managers aren't there, frivolously expense stuff, consistently come in late, and still come to me for stuff THEN take credit for the answers I give them, are being given all the same responsibilities as me. It's like nobody gives a shit what I do. This all probably comes off bad but what I'm really getting at is that I WANT to stand out compared to my peers and I feel like nothing I'm doing does that. People speak highly of my peers when they're not there, what are people saying about me? What are my managers saying about me? Does anyone even give a fuck? If I just start cruising instead of giving extra effort, will I be in exactly the same place I would've been if I keep doing what I'm doing? I'm just ranting. I appreciate the honesty on this sub so if I'm being a toxic public guy please tell me. I just feel so defeated that all the extra work I'm doing doesn't seem to translate to anything at all except my every-other-month review from my manager who vaguely says he thinks I'm doing well and to keep it up, and in the back of my head I know I could still just get an average fucking rating again next year. [link] [comments]  | ||
| Posted: 25 Oct 2018 03:04 PM PDT I was hired as a freelancer by an American company, basically to do translation work between their Mexican accountant (who doesn't speak English) in charge of their subsidiary here in Mexico and their accountant (who doesn't speak Spanish) in charge at the parent company in the U.S. Unfortunately, there are some slight management deficiencies and the chart of accounts in Mexico was set completely independently of the focus and requirements that would've been the most useful for the company in the U.S. The chart of accounts is alright in terms of the Mexican tax law, etc. but at times it's a little bit hard for the accountant in the U.S. to understand certain operations and terms. We are currently working on changing that and making it so the accounting in Mexico is more in line with the needs of the accounting in the U.S. (while complying with Mexican tax authorities of course), but in the meantime we need to keep working on the day to day operations of the business. In all honestly, I'm an accountant who happens to be bilingual, but I'm not really an expert on English business terms. I have no difficulty understanding words or anything basic like that, but a lot of the time I find myself struggling a little bit in trying to translate accounting terms from Spanish that sometimes seem non-existent in English terms and vice versa. In trying to avoid any confusions I have been searching and compiling formal accounting terms in English but often times I have terms in Spanish that seem like I could easily translate from to English and while the meaning of what I'm referring to would be clear, later I find there's a formal term for it in English of which I was oblivious. It's a whole chore sometimes to try and find the exact correct term for each thing. So my question is, are there any consulting materials that I could reach for? Specialized dictionaries or books, websites, etc.? Any help would be greatly appreciated! [link] [comments]  | ||
| [CAN] Actual Posts from the CPA Discussion Board! Posted: 25 Oct 2018 07:34 PM PDT
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| No joke, staff II life is pretty nice! Posted: 25 Oct 2018 08:52 AM PDT Last year was terrible because I came in cold, literally had not seen a trial balance before. I was so lost, like what the hell this isn't a balance sheet or an income statement, what is this sorcery! The learning curve is really exponential, and being staff 2 is great. Stuff doesn't take you forever, everyone wants you in your team yet you don't have the responsibility of a senior. Tomorrow's Friday, so things are about to get nicer for a few days. What was positive about your week? [link] [comments]  | ||
| Is it possible to learn financial accounting in 5-10 days? before the midterm just half the coarse Posted: 25 Oct 2018 02:45 PM PDT I am a first year student is it possible to learn financial accounting in 5-10 days I missed class and know nothing about the coarse, I have a midterm from chapter 1-5 half the class. in Nov 3-4 is it possible to learn and get a good mark? [link] [comments]  | ||
| Posted: 25 Oct 2018 05:58 PM PDT The firm I am working at has been taking on a ton of special projects lately, and has had numerous seniors leave as a result. I am considering leaving also, but am worried the damage I will cause the already super short staffed firm. Has anyone dealt with this before, and how did you tread to minimize your impact, etc.? [link] [comments]  | ||
| BIG 4 OR BIG OIL AND GAS COMPANY? FOR INTERNSHIP Posted: 25 Oct 2018 05:41 PM PDT Hello everyone, once again, I need you guys' guidance and advice. I recently have been extended a couple of offers for summer internships. One of them is with a big 4 (audit, core assurance). The other offer I'm considering is a with a huge oil and gas company (financial analyst). I never pursued big 4, in fact, I would always tell underclassmen that big 4 is not a requirement in order to be successful. I'm also not to fond about working 80-90 hour workweeks for months a time. (That sounds horrible). The oil and gas company has amazing benefits and a way higher starting salary than big 4 while working around 40 hours a week. I don't want to regret not doing big 4, but I don't want to literally eat 2 years of my 20's working like a madmen. It does not interest me. My classmates have given me mixed responses with half saying big 4 and half saying industry oil and gas. I await your responses. Thanks in advance. Location is southeast. [link] [comments]  | ||
| Tax guy worried about getting laid off during slow season Posted: 25 Oct 2018 07:27 AM PDT I feel like it's coming. If it stays like it has been the last week or so there is no way they'll keep me on until it picks back up in March. Small but supposedly growing investment services firm, yet two auditors that have left in the last ~4 months have not been replaced. Tax department is just me and the manager. Traditionally nobody has even filled my position in the slow season!!! My manager makes mention of how we will be doing stuff next year, implying I'm not going anywhere, but I just can't see them paying me to do literally jackshit until March. To top it off I'm still in school so being that inexperienced means there are only so many types of assignments that can be handed off to me. No way I'll make it right? So you tax guys see any layoffs going on I. Your office right now? [link] [comments]  | ||
| Posted: 25 Oct 2018 10:19 AM PDT Seriously fuck pension plans and fuck Intermediate III and fuck everything [link] [comments]  | ||
| Is there anything as anti-climactic as the issuance of a big set of financials Posted: 25 Oct 2018 04:06 PM PDT | ||
| Posted: 25 Oct 2018 10:40 AM PDT | ||
| Posted: 25 Oct 2018 04:56 PM PDT Hi guys! I need advice!! I've currently got offers to do IT consulting at KPMG, general consulting at RSM, and risk assurance at PwC. However, I'm in the interview process for EY's core assurance, and I think/hope I have a decent shot at getting an offer. Which offer is best for an aspiring CPA who only dabbles in tech? And for someone who wants the big four experience but wants to enjoy the office culture/office diversity? I'm struggling to pick the best offer!! Any input from fellow accountants is appreciated! PS: all of them are in smaller cities except EY, which is in Philadelphia [link] [comments]  | ||
| May be relevant to some on here. Posted: 25 Oct 2018 10:17 AM PDT
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| Posted: 25 Oct 2018 09:47 PM PDT
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| Transitioning out of Tax-Do I Need to Start Over Posted: 25 Oct 2018 12:49 PM PDT Hi everyone, I'm currently a tax senior at one of the Big 4 firms, and I'm not sure that this is something I want to do for the rest of my life. This is partially bc I don't really like the subject in general, and also because it seems like more and more tax corporate jobs are being cut in favor of hiring a public accounting firm (that's just my general impression though-if I'm wrong, please do let me know!) Just out of curiosity, if I were to transition out of tax and into a regular accounting role (possibly not in public accounting), would I need to start over as staff? Or would I be able to leverage the experience that I've accumulated? Most of my experience is with state compliance (prep & review of state returns), and tax audits. I've also done some very simple federal returns, and I've done a simple provision. I realize it's not a lot, but if it's possible to not have to start over, that really would be ideal. Are there paths that I can take that would make use of my existing experience? Or would anything outside of tax pretty much require me to start over? I've considered is looking for a role in tax technologies (ie. working to automate taxation), but I'm not sure what else is out there. Any advice would be greatly appreciated! Thank you! [link] [comments]  | ||
| Posted: 25 Oct 2018 09:26 PM PDT I did have a tiny stint at a public accounting firm one short period, but I felt like I knew nothing. I didn't know where to begin compilations and what to even adjust. Also I didn't get how to even do a T1/T2 properly, what the deeper technical is, also had no clue about tax planning. What resources can I use to read/learn this stuff? I'd especially love to learn tax planning/tax specialization. [link] [comments]  | ||
| Do only alphas get into Big 4? Posted: 25 Oct 2018 08:49 AM PDT Hi guys I'm a scrawny college freshman and looking to maximize chances of getting my dream big 4 job. Should I also starting working out now so that come recruitment I look like an alpha male? [link] [comments]  | ||
| Posted: 25 Oct 2018 08:42 PM PDT Graduated college a few years ago and am looking for a way to build accounting fluency without having to go back to college and get a full degree. Is there a credible/legitimate alternative a bachelor's degree in Accounting? Maybe some kind of post-bac accelerated program? [link] [comments]  | ||
| Posted: 25 Oct 2018 11:47 AM PDT I recently received internship offers from two big4. Throughout college I worked as a barista at a major international coffee company. I took a break for about 6 months in the middle because the job was incompatible with my school schedule/my other involvements. I didn't even think to be specific about the break on my resume, so I just put straight through the two year period. Am I screwed when they do work history reviews? The original start date and end date are accurate. I wasn't trying to be dishonest and don't want to lose an offer over something stupid. [link] [comments]  |
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