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    Thursday, November 1, 2018

    Accounting A Big 4 partner proposes the implementation of a new strategy for fall recruiting (circa 2008)

    Accounting A Big 4 partner proposes the implementation of a new strategy for fall recruiting (circa 2008)


    A Big 4 partner proposes the implementation of a new strategy for fall recruiting (circa 2008)

    Posted: 01 Nov 2018 05:59 PM PDT

    Me as a first year starting at a Big4 in January

    Posted: 01 Nov 2018 05:24 PM PDT

    For the next “6” months

    Posted: 01 Nov 2018 05:20 AM PDT

    =COUNTIF(Mind, Blown)

    Posted: 01 Nov 2018 07:55 PM PDT

    Would be excellent additions to busy seasons!

    Posted: 01 Nov 2018 08:12 PM PDT

    sometimes browsing here I wonder

    Posted: 01 Nov 2018 02:41 PM PDT

    Just had my last interview for associate positions and all of this has kind of depressed me.

    Posted: 01 Nov 2018 08:05 PM PDT

    Maybe I'm speaking out of sheer inexperience, but all of these firms seem to be the exact same. Local firms, mid tier, and B4 all seem to have the same kind of people. All seem just burnt out and stopped enjoying life a while ago. Is this what my life will turn into if I stay here till manager? Also why do all tax people seem to have the energy zapped from them and talk so slow?

    All of these firms seem to say the same things too. "We are like a family here" or "Work hard and play hard" cause the firm will take them all out for one day after working them like dogs for 3 months. Then they will always say "the people is why I stayed here for so long". Or they say we are super casual here you can wear jeans as long as you have a button up shirt. I feel like I am one of the few who thinks slacks are more comfortable than jeans. Let me wear a t shirt not a damn button up to work if no clients are coming.

    I picked the absolute worst time to even contemplate these things since I am graduating in December and only have offers for CPA firms.

    Did you guys ever hit that moment where you questioned if the past 4 or 5 years of college were worth it?

    TL;dr Feel like all CPA firms are all the same with just different colors and locations. Wondering if accounting was worth doing and if you guys ever were in a similar situation.

    submitted by /u/11Bouttofinish
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    There is no message that enrages me more

    Posted: 01 Nov 2018 06:38 PM PDT

    How beneficial is it to work at a big 4 sometime in your career?

    Posted: 01 Nov 2018 06:47 PM PDT

    Some background to my question. I am a 30 yr old student. 2nd year accounting major. I already have a bachelors in business from about 10 yrs ago. (Marketing/sales).

    This is my first semester back (my previous schooling puts me at a sophomore status) and I just landed an internship for a small company as their A/P intern. My first accounting job.

    What I want to know is how important/influential/beneficial it is to work at a big 4? Either as an intern/entry level or another capacity? I don't know how much the idea of working at one of these big firms excites me, but a lot of posts I see here seem to advocate for it. All of my friends my age who are successful in the field worked at one of em for 1-3 years post grad. A very close friend who works in finance, albeit never worked at one of the big 4, really advocates it for "at least 18-24 months"

    I know in sales if you go work for (and succeed at) a company like ADP, Paychex, Hilti, Johnson Controls, Cintas etc you are pretty much going to have a easier time getting subsequent positions because of how well they train their sales staffs. Is this kinda the same thing with the big 4?

    Is the big 4 ubiquitous with people that are CPA bound?

    Are those "a young mans" company that I'll get passed over at? Or wouldn't want to work at?

    I plan on finishing my bachelors in accounting. I'm not sure yet about any higher level than that. I'm open to it. On the fence, really.

    Sorry for rambling. Thanks for the insights.

    submitted by /u/mkwink07
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    Can’t make time for internships, am I ruining my chances of offers at Big4

    Posted: 01 Nov 2018 05:45 PM PDT

    Hello,

    So to give some background, I'm 22 and going to school full time (full ride scholarship which requires me to go full time) and work full time because of my financial situation with my family. I essentially support my family of 5 on my income. I'm a manager in a retail store and make $17 an hour but I have great flexibility with my schedule (since I can work weekends and mostly work mornings so I can do night classes). Anyways I see a lot in this sub about finding an internship and I just don't see if feasible for me to do so but I really want to get experience in the field. Any recommendations on jobs that would hire me in the accounting world so I can start experience but I'd be a permanent employee not intern? Or do you think me not having an internship is important. Also I'm a junior and graduation looks like it'll be May 2020 if it is important

    submitted by /u/sailormoondd
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    Serious Question

    Posted: 01 Nov 2018 09:30 PM PDT

    I received an offer from Deloitte in the Bay Area, but the cost of living there is insane... Could I ask the recruiter if I could be relocated? I already have another Big4 offer in a lower cost of living city, but I'd like to work for Deloitte. Thanks for your help!

    submitted by /u/BeatTheFool
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    There's an Accounting Networking Event at my school but I've never been to one or even know what happens there.

    Posted: 01 Nov 2018 06:07 PM PDT

    The only thing I know about networking is that people keep telling me to network, but I don't really know what that actually means. My schools hosting one of these for the first time and I just signed up for it. It's in 2 weeks from today. My current goal is to look for intern opportunities or at least find out more info about certain companies. Maybe learn about the other different companies out there. What do I do at an event like this? Who am I meeting, recruiters, same old people from my school? What should I bring, resumes? Cover letters, writing samples? I'm kind of a beginner at these events. In terms of looking for intern opportunities, I never make it past interviews. Thanks.

    submitted by /u/Zalias8
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    How do I get out of public accounting?

    Posted: 01 Nov 2018 01:15 PM PDT

    Hi all - I'd really like to get out of pubic accounting. I have a Bachelor's degree and EA license. Passed one section of the CPA exam but that was years ago. Currently don't have the motivation to start studying for the stupid exam. Problem is I've worked in a CPA firm for the last 8 years...or more...a small gig through Accountemps at a real company once. It seems impossible for me to find a job in a corporation. The bigger companies want a CPA

    submitted by /u/Acctgirl67
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    Taking BEC tomorrow

    Posted: 01 Nov 2018 06:46 PM PDT

    Feel relatively prepared, anything I should last minute focus on before I go?

    Also how many paragraphs did you guys typically write for the writing component?

    submitted by /u/johnpenguin69
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    Payroll - Cost Accounting question

    Posted: 01 Nov 2018 04:04 PM PDT

    This question may be dumb but here it goes... what type of account is Payroll in cost accounting? I know it's not an expense. Is it considered a temporary account because you distribute the payroll? What would the account number be on a chart of accounts?

    submitted by /u/blushable
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    FAR topic question

    Posted: 01 Nov 2018 09:11 PM PDT

    When you replace equipment with new equipment And sell the old equipment, do you reduce the basis of depreciation based on proceeds received? Or do are two machines treated separately

    submitted by /u/ilunaticc
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    [US] This is a question about whether I can deduct this. I am a freelance music teacher. I Gross $22,000 a year before taxes.

    Posted: 01 Nov 2018 08:55 PM PDT

    I travel to clients houses and also have a small setup in a room thats in my house. My standard home office deduction adds up to $8300. And standard deduction for fuel to clients houses $4500. Plus equipment I have bought in the year to use is $2000. A total of 14800. What are the odds of me being audited? Is it okay to do this?

    submitted by /u/touchmy_nonos
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    [Canada] New Grad, long-term goal to become partner at small/medium firm or start my own firm. Which starting job would teach me most tax-planning & small audits/review/NTR?

    Posted: 01 Nov 2018 08:51 PM PDT

    my long-term goal is to potentially either start my own independent firm or join a smaller firm and become partner. So I aim to get the type of knowledge to be able to do especially tax planning, and then small audits, reviews, compilations...etc

    Which firm would teach me that stuff the best with some patience and without high turnover.

    submitted by /u/garrix94
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    Big 4 to Temporary Accounting Role

    Posted: 01 Nov 2018 02:22 PM PDT

    I am leaving a Big 4 firm after 2 years in Tax, and I am looking to apply to a temporary accounting position in order to tide me over until I can attend a full-time MBA program next fall. All of the positions I am looking at have some form of general ledger keeping, such as AP or just general bookkeeping.

    I was curious if it is terribly hard to transition to a position like this, and how useful my Tax skill set will be for day to day tasks that involve something I have barely looked at in years. As a small piece of info, I have not taken FAR, but do have the study materials.

    submitted by /u/phyx8
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    Would you take a step down for an open position in a successful company with high opportunity of growth?

    Posted: 01 Nov 2018 04:21 PM PDT

    I'm currently an audit senior at BIG4 and am looking to make the jump into industry. The job is easy and comfortable, my schedule has been good in BIG4 terms, but I just feel like I'm ready to make the jump into something different (but still finance/accounting).

    To preface -- I just had a conversation with an internal recruiter with a company based in SF-Bay area for position on their revenue accounting team. Initially I was expecting the position to be a senior position, but the opening is for staff. Recruiter mentioned that the seniors' experience ranged from 4-6 years, and if I was hired as staff I would be eligible for promotion in 1 year. I did some research into the team on linkedin and saw that team is pretty much big 4 alum. Those who weren't managers in big 4 took a step down for staff and then grew into their senior positions. The team will still be a fast-learning environment, and is pretty beefy in terms of experience. Also the company is doing very very well.

    tl;dr I know a general rule is to either jump horizontally or upwards when looking for a new job, but what are your thoughts on taking a step down from "senior" to staff? Why would you do it / why would you not?

    submitted by /u/feel_the_breeze
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    What pranks do you pull on your coworkers when they leave their computer unlocked?

    Posted: 01 Nov 2018 02:06 PM PDT

    I usually change their Skype status to something funny or turn their screen upside down

    submitted by /u/Nudez_PM_2_ME
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    College to Industry

    Posted: 01 Nov 2018 07:44 PM PDT

    Hey Y'all. Im looking for positions in industry and i graduate in December (next month). I know in industry, most positions want an immediate start date.

    My question is, is it possible to get a job lined up in industry before graduation? Have any of you done it, and what advice might you have. Thanks

    submitted by /u/FifomyLifo
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    Recommended books for starting accounting firm?

    Posted: 01 Nov 2018 07:29 PM PDT

    Hi all,

    I'm looking to start my own professional services firm and tailor to small businesses. I was hoping a few of you guys/gals in here who have had previous success in starting and running a business, could potentially provide reading materials that have helped you out in your journey.

    Looking forward to your responses!

    submitted by /u/quik23
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