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    Wednesday, November 7, 2018

    Accounting Prospective Intern when asked why he would be a good fit at a Big4 (2018, Colorized)

    Accounting Prospective Intern when asked why he would be a good fit at a Big4 (2018, Colorized)


    Prospective Intern when asked why he would be a good fit at a Big4 (2018, Colorized)

    Posted: 07 Nov 2018 09:59 AM PST

    Another unsung Accountant Hero

    Posted: 07 Nov 2018 07:26 PM PST

    How to become an auditor 101

    Posted: 07 Nov 2018 12:53 PM PST

    What the firm really means when they say "Sorry we had to pick someone else, but we'll definitely keep your resume on file!"

    Posted: 07 Nov 2018 07:44 PM PST

    Crossposted because tax joke

    Posted: 07 Nov 2018 06:15 PM PST

    Looking ahead at the 2019 busy season schedule like:

    Posted: 07 Nov 2018 12:48 PM PST

    Am I the only one who can't stand undergraduates asking about blockchain at q&a events?

    Posted: 07 Nov 2018 09:38 AM PST

    "How is blockchain going to change the auditing profession?" Just stop.

    And just for the sake of transparency, I myself am an undergraduate.

    submitted by /u/Lappeenranta
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    Current mood this week when responding to Vendors

    Posted: 07 Nov 2018 11:01 AM PST

    Something to keep in mind this holiday season.

    Posted: 07 Nov 2018 05:53 AM PST

    Something to keep in mind this holiday season.

    There's always room for improvement!

    https://i.redd.it/jy3urakgzww11.jpg

    submitted by /u/smz337
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    Please finish your CPA before you start working in PA

    Posted: 07 Nov 2018 08:14 AM PST

    Currently working in public right now and a good amount of the staff and people I work with are miserable because they have yet to complete exams.

    I will tell you right now that most people in public do not give a shit if you need to complete exams, unless you have like 3/4 of them done.

    Please get it done before you get started, because the free time and mental relief is priceless post busy season.

    submitted by /u/UWControlisbestdeck
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    Did anyone get a call from an EY recruiter after rejecting their offer?

    Posted: 07 Nov 2018 08:35 AM PST

    I rejected my offer from EY this morning, and about an hour later a recruiter, whom I've never met and works in a completely different state, called me to ask why I decided to go with another firm. The whole exchange made me super uncomfortable. I get that they're curious for their own purposes of keeping up with the competition, but the recruiter was being very aggressive with her questioning, asking me which firm I picked over them, how much I was getting paid at the other firm, and what about the other firm made me pick them over EY. Just very specific questions that I felt backed into a corner and had to answer.

    When I told her that the offer from EY was for the FSO practice, and PwC's was for general tax which appealed more to me since it would give me opportunities to experience a broader range of clients, she told me that I'd be working with a lot of financial clients at PwC too, given my region. She took a lot of passive aggressive swipes at PwC, basically implying that I picked the wrong firm and my experience at EY would have been the same as at PwC, if not better, and that I was dumb for thinking otherwise. Instead of asking questions in a polite and professional manner, she seemed a little heated and butt-hurt that I didn't choose EY. The whole conversation just left a bad taste in my mouth.

    I was wondering if anyone else who rejected EY's offer got a similar phone call? No other firm has called me afterwards to ask me why I rejected their offer (and then attempted to make me feel bad about my decision). I either got an email asking me to fill out a survey or nothing at all. It was really hard deciding between EY and PwC, but after this exchange, I have no regrets about my final choice.

    submitted by /u/FanglessSurfaceEnvy
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    Is my internship offer in jeopardy?

    Posted: 07 Nov 2018 04:17 PM PST

    I accepted an internship offer for EY when my GPA was at 3.7. However, it looks like my GPA will drop significantly after this semester since I'm not doing too well in Cost Accounting and Intermediate II. It looks like I could pull off a B-/B in Cost and a C/C+ in Intermediate, which would pull my GPA down to 3.5/3.4. I took a hit to the grades because of recruiting season at the beginning of the semester and I've had to deal with some personal issues as well, but I admit I could have came up with better studying techniques and spent more time studying as well. Is it likely that EY will rescind my internship offer due to my new grades? If so, what can I do besides study more to keep my offer?

    submitted by /u/qatveig
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    Nightmare fuel: we use a periodic inventory system and every month end it is wrong.

    Posted: 07 Nov 2018 01:21 PM PST

    And I spend a week playing inventory Batman. :(

    submitted by /u/arduinonut
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    What is one thing you wish you knew before starting your first public accounting job?

    Posted: 07 Nov 2018 09:25 AM PST

    I accepted an offer at a largish regional firm in their governmental auditing department. What can I do before I start to make sure I'm prepared?

    submitted by /u/Chrislovesthepackers
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    Living within our means: Rent as a new staff

    Posted: 07 Nov 2018 09:56 PM PST

    For those who moved to a new city for their first job, how much did you pay/were willing to pay for rent?

    I'm graduating and will be starting my job in January. I'm looking to rent my first apartment outside of my college town and am curious as to how you managed to live within your means.

    It would be ideal to live in the city (walking distance to the office) in a studio or 1 bedroom apartment, but rent is relatively steep. Nearly $1200/month for a studio in the Southeast US is a lot, especially for a PA salary of mid 50k. I want to live within my means, but the majority of staff that I met chose to live in the city and seem to manage. I'm curious as to what your thoughts are.

    Did you choose to live outside of the city for cheaper or indulge in the luxuries for your first job?

    submitted by /u/Usccpa
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    Fuck Advanced Accounting

    Posted: 07 Nov 2018 07:38 PM PST

    This stuff makes no sense. I don't get anything. Whelp looks like I'm gonna have to get my resume ready for my McDonald's application.

    submitted by /u/Alan-Rickman
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    Keys to ACCounting

    Posted: 07 Nov 2018 05:24 PM PST

    Adderall, Cocaine, Coffee.

    No particular order.

    submitted by /u/spartysghost
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    Work life balance

    Posted: 07 Nov 2018 09:09 PM PST

    Hi everyone! I am a junior and just declared my accounting major. I am a little nervous after reading through the posts because I've noticed several people complaining about being worked to death and not a good work life balance. Work life balance is very important to me so I am a little worried... Is it like this everywhere?

    submitted by /u/erinmothafckinjones
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    What is the most menial/pointless task you have ever given a first year or intern?

    Posted: 07 Nov 2018 08:39 AM PST

    What are the answers that they want to hear in interviews?

    Posted: 07 Nov 2018 06:35 PM PST

    When I get asked questions like the following what is the answer that the interviewer wants to hear?

    Why do you want to work for (insert firm here)?

    Why do you want to work in external audit? (Those are the positions I'm applying for)

    Describe your teamwork experience. (Or some variation thereof)

    Describe your leadership experience.

    Tell me about yourself. (Honestly, the only times I've ever gotten this question is in online interviews never in person.)

    submitted by /u/AspiringYoungPro
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    I've decided to leave public accounting

    Posted: 07 Nov 2018 08:43 AM PST

    I've decided to leave public accounting, and since I've made my decision, I couldn't feel more relieved.

    A little background: I declared accounting my major when I was a freshman, and my main motivators were job security/demand and compensation (Dumb, I know, but hindsight is 20/20). Anyway, I interned with the same PA firm on both audit and tax. I hated the travel with audit, decided to go with tax. So now, here I am, two years in, and I hate it. I went into tax over audit for the minimized amount of travel, but I still have to help out with the audit team, so the whole no travel expectation is not a reality. For the most part, I like the work with tax and with audit, but the hours are awful. Also, I have trouble really seeing the value in the work we do. I've been trying to make myself study for the CPA, but it's like all of my motivation has left me. And I am the type of person who has good work ethic. I'm kind of a perfectionist, so admitting to myself that I made the wrong career move is really difficult.

    Anyway, earlier this week, I decided to branch out and look at other careers that I could pursue with my BBA in accounting. I also decided to ditch the CPA Exam. And I feel such relief. Also, I've been reading forums and online articles, and there are so many other people who feel the same way. It's a great feeling to know I'm not alone!

    Do you guys have any recommendations for careers for someone wanting out of public? I am dying to have a better work/life balance.

    submitted by /u/flonkertonwinner1993
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    Tight offer deadline-Is this Common?

    Posted: 07 Nov 2018 04:45 PM PST

    Hello everyone

    I interviewed with a firm back in the first week of October. I sent a thank you email the next day and a follow up 2 weeks later to see where we were at and heard nothing back either time. Now today I recieved an offer with a deadline of Friday. That's 48 hours to decide. Is that normal? Am I a second(possibly third) pick that had to wait for others to decline before I got my offer? Or should this be a red flag for me?

    I dont very much care either way. The opportunity is much better than anything else I have but I'm a little hesitant because I didn't have an office interview or any kind of follow up after the one on-campus interview I did over a month ago. Would it be okay for me to ask to come visit the office when I send back my signed offered?

    Thanks.

    submitted by /u/Eoghal
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