• Breaking News

    Tuesday, November 6, 2018

    Accounting r/IAmA is doing an AMA with the Microsoft Excel team Tuesday 11/6 at 2 pm EST

    Accounting r/IAmA is doing an AMA with the Microsoft Excel team Tuesday 11/6 at 2 pm EST


    r/IAmA is doing an AMA with the Microsoft Excel team Tuesday 11/6 at 2 pm EST

    Posted: 06 Nov 2018 01:29 AM PST

    We’ve all been there...

    Posted: 06 Nov 2018 04:01 PM PST

    ����‍♀️

    Posted: 06 Nov 2018 07:05 PM PST

    Pronouncing "Finance"

    Posted: 06 Nov 2018 01:12 PM PST

    Oh just stop it EY

    Posted: 06 Nov 2018 03:57 AM PST

    When the client ignores most of your PBC list

    Posted: 06 Nov 2018 09:24 PM PST

    [Public] What is your hourly rate relative to your billable rate?

    Posted: 06 Nov 2018 12:45 PM PST

    Just something I was thinking about. I remember working in the restaurant and the rule of thumb of what to charge for a meal is 3x the cost of the ingredients. I was curious how that translates to public accounting out there. Of course location, size of firm, etc all plays into things but I wanted to pose the question.

    Here is mine:

    Location - PNW (just outside of Portland, OR)

    Size - 45 employees (small firm)

    Hourly Wage - $25

    Billable Hour - $150

    I am being paid about 1/6 of what the firm is charging essentially.

    submitted by /u/Razmada70
    [link] [comments]

    Principles vs Advanced

    Posted: 06 Nov 2018 05:51 PM PST

    Verbal offer but no email confirmation?

    Posted: 06 Nov 2018 03:42 PM PST

    Hi Redditors,

    On Monday at 2pm, I received a verbal offer from a pretty big accounting firm. The individual presenting me with the offer was the Partner I interviewed with. He told me that I would receive an email confirmation within 24 hours. It's been 24 hours since his call, and I have not yet received a written confirmation. Should I wait one more day? If I were to contact the recruiter, what should I say? Thank you!

    submitted by /u/Zhuzhubae
    [link] [comments]

    What opportunities does B4 experience open?

    Posted: 06 Nov 2018 07:20 PM PST

    What opportunities does B4 open that would otherwise be closed?

    submitted by /u/expedition2017
    [link] [comments]

    What is it like being an accountant?

    Posted: 06 Nov 2018 01:35 PM PST

    Hello, I'm 23 yrs old female and just about finishing up my associates to transfer to a 4yr university in a metro area (2yrs left at uni). Currently living in Arlington, VA which is 15 mins from DC. Honestly, I've never even considered accounting major for myself. I did really well with High school math and AP calculus but had a hard time understanding MTH 154 (passed with an A through lots of studying though) at my college which was all about probabilities, stats, card chances, and etc. Probably because I prefer formulas over thinking about rationals. My grades are good with only A's and B's.

    So I'm wondering is a career in accountant and taking the CPA right for me? How hard is the course? Would you encourage me down this path or discourage it? Also, is it really necessary to get into the Big 4 right after graduation to have a career? What was your first year salary and now if you don't mind sharing)? How competitive and needed is this market? Does gender play a role in the hiring process? Do I have to be able to do complicated mathematics at the top of my head on the daily? Would another major be better for me? Is there anyone else that didn't initially thought they could or would be an accountant but did anyways? Realistically, how much can you make after years of experience? Also, it seems a lot of ppl have hard time going through the interview process and getting hired. Is this realistic for this field?

    Thank you for reading!

    submitted by /u/xcuriouscat
    [link] [comments]

    Do you enjoy your life in accounting? [CAN]

    Posted: 06 Nov 2018 08:31 PM PST

    I need to get serious with whether I'd like to specialize in accounting, finance, Supply chain..etc in my Business Administration/Mathematics double degree. Through co-op, I've tried a Financial Reporting role, and as an intern, it was hard to grasp how the business worked, plus the boring monthly reporting work. There's too much hype around big4, but that's not something I'd be interested in and would prefer mid-sized companies or potentially CPG companies. My questions for all on this sub:

    1. What position do you hold and what drew you into your role?

    2. Do you enjoy what you do everyday? Do you enjoy waking up and going to work?

    3. Pros/Cons of your work?

    4. Would you recommend getting into accounting to a university student and why/why not?

    5. What is your average salary? In other words, do you think you get compensated enough for the work you do?

    I ask this because I'm struggling trying to find joy in my internship. The company I'm at is great, the team is great. It's just super boring. It might also be my lack in experience in this field and lack of knowledge about how the business works.

    submitted by /u/goosegonewild
    [link] [comments]

    Is it weird that another big 4 is offering me 5k more than EY

    Posted: 06 Nov 2018 01:29 PM PST

    I applied to tax for both firms, and location is also in the same area. A mid-sized (again, similar area) is also offering me 1k more than EY. Is it just me or is this a little weird

    submitted by /u/throwaway194736
    [link] [comments]

    FAR Impressions: Govt Everywhere

    Posted: 06 Nov 2018 10:56 AM PST

    I know I'm gonna sound like a broken record, but man, if you're studying for FAR-do not slack on governmental. These motherfckrs reamed me in the ass with Governmental and NFP. I'd studied NFP a little, and thank God. But at the end of my studying I decided to focus of really making sure I knew my commercial accounting and said "fuck it" on the Governmental. I got as far as the Grasp Se Papi in Becker and said fuck it.

    Don't do what I did lol. The examiners test that shit heavy bro. Also two TSBs on contingent liabilities in case you were wondering. And fuck man some were really hard! Not nearly as clear cut as the examples in Becker.

    submitted by /u/babyballz
    [link] [comments]

    Thoughts on leaving Big 4?

    Posted: 06 Nov 2018 01:20 PM PST

    I'm curious to hear if others have thought about leaving big 4 but decided against because they thought it might be a bad career move. I'm in my senior 2 year (a little over 3 years at my firm) and considering making an exit. I guess I'm worried that if I leave for a job and get a pay bump that I will be at the same salary next year had I stayed in Big 4 and above that salary in 2 years at big 4. Besides the pay bump, I'm also concerned that I will have fewer opportunities to exit to somewhere else as opposed to staying at Big 4 and having many opportunities (albeit not all are ideal). Just seeing what others have experienced after leaving and if you regret it or don't regret it. Thanks in advance!

    submitted by /u/Nookie4
    [link] [comments]

    "Company not interested" before final interview.

    Posted: 06 Nov 2018 07:58 AM PST

    So I have a B4 final round interview (intern) scheduled for the end of the week and when I went to check my profile information, I noticed that my application status displayed, "Company not interested." What is strange is that the status was dated the day after I scheduled my final interview with the firm.

    To me, it doesn't make sense for a firm to write off a final round candidate a month before the interview. Why would they waste the time?

    Has anyone experienced something like this? Should I just chalk this off as a simple mistake?

    submitted by /u/lizardfenickshed
    [link] [comments]

    Meeting CPA Education Requirements without Grad School

    Posted: 06 Nov 2018 06:53 PM PST

    Was wondering how those of you, who got your 150 credit hours without going to grad school, knew which classes to take to meet the specific education requirements for licensure. I'm currently trying to meet all the Colorado requirements without paying for a full year of grad school, but no one at my college knows what undergrad courses to take to fulfill the requirements.

    My understanding is that the education requirements for liscensure are 33 credit hours in accounting and 27 in business related courses. It gets confusing for me to figure out because, of those hours required, a certain number of them have to be in courses that are above introductory level. With that said, I'm looking for someone who could clarify which courses are considered introductory courses and which ones aren't. Since my advisors don't know, who else could I ask that has expertise in this area?

    submitted by /u/NiceGuyAbe
    [link] [comments]

    The real world vs academics

    Posted: 06 Nov 2018 06:49 PM PST

    I'm a junior pursuing my accounting degree and recently got accepted into my graduate program. I will be CPA eligible by fall 2020 and I'm currently applying for internships. I have a very high GPA and understand the information but sometimes my brain has lapses and I forget the simplest things! (Today randomly in class I forgot what it means to amortize intangibles dumb stuff) How applicable is the world of school to the real world? I'm seriously freaked out one day I'll forget something extremely important and just completely mess up

    submitted by /u/lacrosse_texas
    [link] [comments]

    Excuses to use at work for when you have interviews?

    Posted: 06 Nov 2018 03:30 PM PST

    Past couple months I went to the doctors a bit, and then in two weeks I really have to go to the dentist so I feel wierd using either of those. What should I say? Doctor again? I'd rather not call in sick and fake the whole day when I just need 2hrs or whatever.

    submitted by /u/Accounting556
    [link] [comments]

    What does 'business professional' attire mean?

    Posted: 06 Nov 2018 08:49 PM PST

    I have an interview tomorrow as a part time bank teller (my first non-restaurant job) and they told me I should dress business professional. Google images is telling me that it means a suit jacket and tie. However, can I get away without the suit jacket? I misplaced mine and the interview was scheduled TODAY. Or is showing up to the interview with just a button shirt and tie unprofessional?

    submitted by /u/seriouskrawf
    [link] [comments]

    Going Big 4 after a year working in industry.

    Posted: 06 Nov 2018 11:45 AM PST

    I graduated this past May and have been working at a Fund Administration for a little over 3 months now. I took this job because it was the only job offer I got out of college and felt desperate. I have kind of realized that this job and industry and is pretty much a dead end career wise for me and I really don't enjoy it.

    My question is should I just stick out a year where I am at now to have some experience and then apply to a Big 4 for a staff one position?

    Is it even possible to go to a big 4 after working somewhere else that wasn't another auditing firm?

    submitted by /u/chow_mein1
    [link] [comments]

    I have a JD, I absolutely hate being a traditional attorney, the only time I have been (professionally) happy was working as an intern at a small tax office. Do I have any career options here?

    Posted: 06 Nov 2018 07:59 AM PST

    I searched this sub, and the only posts I could find that were helpful were like 5+ years ago; I know this market changes quickly, so I assumed it would be okay to ask this again.

    If you want to skip this mess, just read the last paragraph. If you want a little more information on me and why I'm trying to make the jump, here is my story:

    Grew up with a very strong math background. Competed in math and physics competitions at both the state and national levels where I did well. This consisted of about 6 hours/day of math "practice" and by the time I got to college I was burned out and wanted to do something less formulaic. My uncle suggested law school, and the thought of doing something fast paced and ever-changing was attractive to me. I graduated undergrad early and during my gap (because law schools start in the fall semester only) I worked at a small tax office in my hometown, doing income returns, some balance sheets, and even got to help with a really small corporate audit. I loved it.

    Went to law school at a top 50 school (but the best one in my state, which is significant in the legal field) and graduated middle of the pack. About halfway through I ended up realizing I didn't want to be a traditional lawyer, but completed my degree nonetheless (because, those law degrees are sooooo versatile, you know), and now I am here just kind of wasting away doing workers comp defense.

    I make about $60k/year, have quite a bit of debt, but I am really unhappy. I am honestly just so depressed all the time because I know I would have been way happier and probably made a lot more money doing something in accounting or a related field (although money is just a secondary concern to me right now, I just want to pay off my loans and make enough to eventually buy a small farm and live in peace with my fiance and a dog). I feel like I have ruined my life (from a professional standpoint) and have set myself down a very specific path that will never make me happy.

    So, finally, I ask you all, what opportunities are there for people with a JD but no formal tax/accounting education? Am I going to be stuck here forever? My current student loan situation makes it pretty much impossible for me to go back to school at the moment unless I did an online program at night, which is something I have considered. Live in Kentucky; not sure if that matters or not. I'm only 26. Any advice is greatly appreciated.

    submitted by /u/The_Great_Hambriento
    [link] [comments]

    People who work in EY FAAS, what do you do exactly?

    Posted: 06 Nov 2018 08:21 PM PST

    What tasks do you undertake on a daily basis? Do you enjoy the work?

    submitted by /u/1-800-EBOCA
    [link] [comments]

    No comments:

    Post a Comment