Accounting Management when they try to motivate staff during busy season |
- Management when they try to motivate staff during busy season
- Tfw your work is constantly overshadowed by your coworkers
- Accounting is Actually Pretty Freaking Awesome
- Firm holiday party is tonight. I'm sitting here answering Review Notes
- REG Q4: Individual, C-Corp, S-Corp and Partnership Comparison Sheet
- What's it like to fail the CFE while working at a Big 4?
- CPA EXAM - Q4 REGULATION
- Just took FAR for the second time
- Big 4 Audit Internship - Spring 2019
- Can anyone ELI5 the difference between a Type 1 and Type 2 test?
- Notre Dame MSA
- F
- Test Prep
- Got an accounting degree what now?
- Advice for getting into big 4
- At my review!
- CFE 2018 Writers: Congratulation!!!
- CPA Canada - EVR PERT help
- Need some guidance on CA tax questions
- California Sales Tax Question - Laser Cutting Business
- Should I be pursuing investment banking or consulting instead?
- Failed CFE 2018. Help!
| Management when they try to motivate staff during busy season Posted: 01 Dec 2018 05:33 AM PST
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| Tfw your work is constantly overshadowed by your coworkers Posted: 01 Dec 2018 06:03 PM PST
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| Accounting is Actually Pretty Freaking Awesome Posted: 01 Dec 2018 04:35 PM PST I'm not quite sure what inspired me to write this but here we go. I've always seen accounting as the language of the business world. I believe it was Richard Feynman who once said that a flower is no less beautiful if you understand its biology or the moon is no less majestic if you know the physics behind its orbit. In fact, their beauty grows as you gather a more complete picture. The same can be said for accounting. The unique nature of every company, whether it's Apple, Activision, or Bank of America, is only enhanced by accounting. This subject allows us to view the inner workings behind each organization through their financial statements. We're able to put numbers behind announcements, data behind break-throughs, and quite frankly, see through their bullshit. And this is just from the macro level. On a smaller scale, I love going to work. Doing balance sheet recs, analyzing and preparing financial statements, and posting various entries is quite rewarding. Finding variances feels like solving mini puzzles with a very real sense of satisfaction once everything balances. Analyzing the financials with your manager and being able to translate them into how the company is doing from a macro perspective gives you a unique sense of enjoyment. Heck, even studying for FAR was pretty cool given that you were learning all the unique ways that you can record and account for every possible scenario. I'm not saying that if I won the lottery today, that I would still be going into work every single day, but it does feel great to enjoy what you do for a living. Accounting is a pretty neat profession and I feel blessed to be a part of it :) (Note: this mindset comes from an entire career in private industry and I'm not sure I would be saying the same thing if I was working 60-80 hours a week in audit). [link] [comments]  | ||
| Firm holiday party is tonight. I'm sitting here answering Review Notes Posted: 01 Dec 2018 06:23 PM PST | ||
| REG Q4: Individual, C-Corp, S-Corp and Partnership Comparison Sheet Posted: 01 Dec 2018 06:27 PM PST Hi all, I'm taking REG this Friday (December 7th) and compiled my own comparison of Individual, C-Corp, S-Corp and Partnership items into an excel sheet. It doesn't list out every item, but focuses on items I struggled with the most (e.g. gains/losses in formation, basis rules, separate/non-separate reported items). It's a work in progress in terms of content and organization, but I wanted to share in case this might help out as we reach the end of our final testing quarter-Armageddon. Also: edits/improvements to the sheet are greatly appreciated, so long as they're correct :) [link] [comments]  | ||
| What's it like to fail the CFE while working at a Big 4? Posted: 01 Dec 2018 03:47 PM PST I'm still a student so won't be writing the CFE for another couple of years but seeing friends getting their CFE results this week and couldn't help but wonder. What's it like for those that don't pass at a Big 4 given that the pass rate is upwards of 80% in some cases. I see celebrations happening at work, do the people that failed get sent home? Or do people generally not care? [link] [comments]  | ||
| Posted: 01 Dec 2018 07:42 PM PST Anyone have any tips they would like to share for REG? [link] [comments]  | ||
| Just took FAR for the second time Posted: 01 Dec 2018 12:32 PM PST | ||
| Big 4 Audit Internship - Spring 2019 Posted: 01 Dec 2018 04:49 PM PST I have an audit internship next semester at Deloitte's Boston office. It is an 8 week program (Jan-Mar). I am looking for more insight into Excel, as well as any other advice people would like to impart to an incoming intern. I have seen enough intern memes/general grievances of interns, so I am hoping these thoughts could be directed into actionable changes. Excel: Excel posts almost inevitably raise the topic of VBA/Python and other languages for Excel. Clearly, the interns are not making processes more "efficient" with mild working knowledge of such languages. Thus, I am hoping for more insight into the "basics" (Pivot tables, functions, formatting, sorting, etc.) for first year audit roles. Miscellaneous: Busy season is long. Individuals have resentments towards others on the engagement. Work/life balance is difficult. People are looking for exit ops. These are general resentments of Big 4, but I am looking for more optimistic and thoughtful advice. I am excited to hear what others have to share. [link] [comments]  | ||
| Can anyone ELI5 the difference between a Type 1 and Type 2 test? Posted: 01 Dec 2018 03:13 PM PST Looking for a field description of the difference between a type 1 and type 2 test when auditing service organizations. :) [link] [comments]  | ||
| Posted: 01 Dec 2018 02:51 PM PST Salutations Reddit! I am a recent accounting grad from a small liberal arts school in the Midwest. I am studying for the CPA exam and making 42k per year in a small town industry job. I have been offered a partial scholarship to attend the University of Notre Dame's MSA program. I was planning to one day enter government service or a nonprofit as a staff accountant. Would attending this program be worth my while? [link] [comments]  | ||
| Posted: 01 Dec 2018 05:53 AM PST
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| Posted: 01 Dec 2018 04:52 PM PST Hey guys, I am just fixing to purchase my CPA review course and am stuck between Wiley, Roger, and Becker. I know if I put in the effort any of the three will provide me with the material needed to be successful. I am not with a sponsoring company so I will be paying for it out of pocket. Which would you guys recommend? Thank in advance. [link] [comments]  | ||
| Got an accounting degree what now? Posted: 01 Dec 2018 04:05 PM PST I just got a bachelor's degree in accounting, with a 3.2 GPA. During my time in school I did an internship with a tax firm and it was not at all what I expected. I continued my job at sears until they went out of business. Now I don't have a job and was hoping to get some advice. How do I go about establishing a career? Or how can I get enough money for Christmas gifts before Christmas? I applied to plenty of jobs starting in November but it seems like most the jobs available are sales/commission. Where can I find a job more relevant to the work I did at school? [link] [comments]  | ||
| Posted: 01 Dec 2018 05:49 PM PST Hello all. I need some advice on how to better my chances of getting into the big 4 or other big accounting firms like bdo or rsm. I am junior accounting student in the midwest. I have a 3.3 GPA, leadership in beta alpha psi, and other clubs at my school. I have experience with corporate tax and corporate accounting with some F500 companies. I have gotten many interviews and job offers from industry firms. I want to go into tax, and my plan was to go into b4 international and fed tax, and then leave for a tax manager position in industry. I hope some people with a tax background can give me some advice on how I can improve my chances on getting into b4. I don't want start off in industry because i heard you have to job hop every couple of years to get promotions and pay bumps. I hope some of you can give me some experience and advice! thanks! [link] [comments]  | ||
| Posted: 01 Dec 2018 01:47 PM PST Check out @DAVlDBRENT's Tweet: https://twitter.com/DAVlDBRENT/status/1068961564835946496?s=09 [link] [comments]  | ||
| CFE 2018 Writers: Congratulation!!! Posted: 01 Dec 2018 04:06 AM PST Starting this threat to congratulate all successful CFE writers 2018. We finally made it. I hope everyone is enyoing this moment and those who didnt succeed, we're here to support you for the next year. [link] [comments]  | ||
| Posted: 01 Dec 2018 08:39 PM PST For those who have completed their pert - How did you get level 2? Struggling big time as cpa doesn't seem to hand out anything but level 0 and 1! I read through some posts about putting everything under sub headings but what sub headings are you using? The criteria given are like "analyze financial reporting needs" etc. Would appreciate your feedback. thanks in advance! [link] [comments]  | ||
| Need some guidance on CA tax questions Posted: 01 Dec 2018 08:16 PM PST No, this is NOT homework. It's simply some questions from a study guide I've attempted to answer (as marked in each question). Just seeking some guidance on these questions as I can't figure out why my answer choices are incorrect.
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| California Sales Tax Question - Laser Cutting Business Posted: 01 Dec 2018 08:14 PM PST Hi guys, I'm an Accounting student so I'm not really educated in State taxes yet. I was hoping I could get some help here. My family member recently started a very small laser cutting business in California and has some questions. They have a new customer who provides the paper that my family member will laser cut and return to the customer. The customer is only paying for the laser cutting service. After doing some research it seems that even though this is a service, it is still subject to sales tax because it is technically fabrication. After speaking with the client, they claim that they didn't have to pay sales tax to their two previous laser cutters. I was wondering if the resale exemption applies in this case? Why wouldn't they have to pay sales tax previously? [link] [comments]  | ||
| Should I be pursuing investment banking or consulting instead? Posted: 01 Dec 2018 10:55 AM PST I'm currently a sophomore finance and accounting major at a school that's heavily recruited for IB, MBB consulting and B4 accounting. I already have a diversity internship lined up with a B4 for next summer. I have a 3.8 GPA and a solid resume, so I was wondering if I should be pursuing IB or management consulting instead. I thought that I wanted to be a CPA as it's more stable and has a better work/life balance (after leaving public). However, I'm worried that given the position I'm in, I'm selling myself short as I guess people consider IB and consulting to be more prestigious, along with the fact that they pay so much more. What are the advantages of going into accounting when IB and Consulting are very attainable for me? [link] [comments]  | ||
| Posted: 01 Dec 2018 10:01 AM PST Failed all days. I'm asking for some guidance to be successful on 2019 CFE. I took just 3 weeks off, working in the industry and just did Capstone 2 cases which I thought were enough. Please share your study plans, habits and program. Will greatly appreciate it. [link] [comments]  |
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