Accounting CFO is leaving my company and my butthole hurts due to the onset of work I’m taking. But having a beer right now and it’s making me very happy. That is all, just wanted to share. |
- CFO is leaving my company and my butthole hurts due to the onset of work I’m taking. But having a beer right now and it’s making me very happy. That is all, just wanted to share.
- When I finish a workpaper that was estimated 8 hours in 6
- Work Life Balance?
- Yousoro!
- Someone posted a showerthought once that sleep is the only task you accomplish by pretending to do it
- Just graduated, here is my experience and advice
- Clearing review comments as a staff
- Why is the USA refusing to adopt IFRS?
- Does anyone have a CPA study plan that will allow me to pass the CPA exam by July?
- Anybody know any tricks to getting IRS levies released, during government shutdowns?
- What if bookkeeping was a dream job?
- New Hire With No Work To Do
- Asking for a raise in busy season (Long Post)
- Fear of "Peaking" Early
- Big 4 switching/choosing industry
- Applying after receiving an offer
- Life in a corporate tax department?
- B4 background check
- Journal Entry
- Any FS guys ever think about the MBA route?
- CPA Canada Core 1 starting soon
- What is Mutual fund? Explain with Example
- Starting my first ever job next week as a staff accountant, what to expect?
- Do employers care if you took college algebra and/or Pre-calculus?
| Posted: 08 Jan 2019 04:10 PM PST Edit: there is also a black and blue burger involved [link] [comments]  | ||
| When I finish a workpaper that was estimated 8 hours in 6 Posted: 08 Jan 2019 08:02 AM PST
 | ||
| Posted: 08 Jan 2019 12:25 PM PST
 | ||
| Posted: 08 Jan 2019 07:16 PM PST
 | ||
| Posted: 08 Jan 2019 06:46 PM PST | ||
| Just graduated, here is my experience and advice Posted: 08 Jan 2019 02:59 PM PST Hello, I just graduated in the Fall semester and this sub has given me a lot of laughs and help throughout college and my search for a career. So I decided to make this post in hope to give back and help someone else out. About Me I Started in Fall of 2014 and ended in this Fall semester of 2018. So 4.5 years in college. I am getting my Bachelors in Business Administration with a concentration in Accounting and Marketing. I found a full time job at a local firm in my home town with my own connections instead of the Accounting Forum and Meet the Firm Events. Starting my second semester I always worked at least one part time job. I got a 2.997 GPA. I was apart of the Accounting Forum and the VP of Finance/Athletic Chair for the Marketing Club. I also had a Spring internship while I was in college. How I Got a Job (How to get one) The resource on this sub is a great starting point. It has great advice on social and networking skills. They definitely taught me how to act in a professional setting. But I felt like I could hold my own when it came to social skills so I decided to focus on my resume. Because in the end, in my opinion, recruiters take your resume for at least 70% of the decision. Some firms have outside recruiters to hire, recruiters don't remember you, and they probably have hidden requirements to get the job. I do believe that all of the Big 4 will not hire you if you have below a 3.5 (maybe 3.3) GPA. But I am not interested in working for a Big 4, or any large firm. So I focused on my resume instead of my academics or social skills. First, I worked many many jobs. I have worked 3 on campus jobs, 2 summer jobs, 1 part time job for a year, and 1 internship for a public accounting firm. Getting that internship was probably the most critical learning and professional development I had during college. I learned so much, and made me much more attractive to recruiters. I could go into an interview and actually understand what they were asking for me. I urge any student to get an internship, any internship, ASAP. The pay isn't bad as well ($24/hour for me with 26+ hours a week). Second would be the clubs. Join your accounting forum/club. Make friends with the person in charge. Become an officer if you can. That alone will open many doors for you. You will have to put a little effort in but it is completely worth it. Or you can do what I did, find a club you actually liked and become an officer there and do absolutely shit. Doesn't matter if you did anything impressive, the recruiters have no idea of what your position actually entailed, they only know what your title was. Join and participate in as much as you can. The clubs should be able to fit with your schedule and something you are interested in. Don't bother if you are not interested in them, the recruiters will ask you about them and they will be able to tell that you have no enthusiasm. Don't worry about putting 'lame' clubs on your resume either. I think recruiters like to see some character in their applicants. Third, network. I got extremely "lucky" with the job I currently have. My gf is a teacher and was talking with another teacher and that teacher knew two companies that were hiring and put in a good word for me. Never met her and don't know her name. I put lucky in quotations because I kind of wasn't. While I feel lucky, in the end networking is what got me the job. Make a lot of solid connections and let them know you are looking for a job and they will let others know about you. Those connections will advocate for you and possibly find a job through them. Fourth, skills. Software specifically. Do not put Word, Excel, PowerPoint, etc. down. Unless you know about pivot tables and can create forms out of Word in 10 minutes or less, you don't know them that well. Its like someone played little league in middle school and who is now 50 years old saying they know how to play baseball. We all know how… but are we good at it? Probably not. This is where the internship comes in. People hiring for internships (should) know that you don't know what you are doing. But once you are done with your internship you can put down the software you learned in your internship. For example I learned: Prosystem fx, Office Tools Workspace, Excel, and Outlook. This shows companies that not only I know those softwares, I know how to learn software and overall business operations. It sets you apart tremendously even if you know the names of accounting programs. Also, you should learn software in your spare time. Do it during summer/winter break. Or on the weekends. I was in the middle of learning how to do QuickBooks online when I was hired. Mentioned that in my interview to show that I was trying to develop myself outside of the education system. They seemed impressed. (Students can use QuickBooks for free for a year, and if you have a library card you can use Lynda.com for free which has a quickbooks class. Use these resources to learn it and then perhaps get QuickBooks certified.) Oh and make a LinkedIn. Put the web address on your resume. My internship checked my LinkedIn and it probably helped me to get hired. How to Network Building a resume is very very important. But it is useless if you don't give it to anyone. So you need to network to give it to people. How to do this? Probably heard this advice before because it is true. Go the accounting events. This includes meetings, coffee chats, field trips, and big events like Meet the Firms. Go to them all. I unfortunately can't say I did this. Due to my jobs I was never able to go to the coffee chats or field trips. But I always made the time to go to the meetings and Meet the Firms. Some other advice that I haven't heard many people give is to make a lot of friends. This might seem weird but having friends is huge. They will be the core of your network. After college they will get their own jobs and careers. If you find yourself left behind and living at home. Ask every single one of those connections if they have any openings or opportunities for you. Chances are that one of them will. Even if you have a job lined up, you might want to switch firms/careers and later in life they could be your golden ticket. Also makes homework and studying easier. Tl;dr: Build your resume and make sure you are in the right place at the right time. Prepare yourself and get in line as soon as you can. If any student needs advice you can message me. Also, if you are looking for what college you should go to, here is my school review. [link] [comments]  | ||
| Clearing review comments as a staff Posted: 07 Jan 2019 11:17 PM PST
 | ||
| Why is the USA refusing to adopt IFRS? Posted: 08 Jan 2019 05:57 PM PST I'm sure most of us accountants with international aspirations have faced this dilemma at some point: deciding between taking the CPA US vs ACCA(or any other prof qualifications aside from USA's) to develop further in our professional career. The difference fundamentally lies in the standards being adopted which is either the IFRS or the US GAAP. While other countries (the rest of the world) have adopted or at least mandated to converge towards an international standardization of the IFRS, the US remains "special" by recognizing the GAAP as its common practiced standards. I mean personal reasons aside of a career interest in the US yet still having the best of worlds, Wouldn't a standardized international system facilitate decision making internationally(investments and finances), and perhaps even accountability to each other? What are the justifications (tax exclusivity of each US state aside) for refusing to move towards a globally standardized financial reporting system? [link] [comments]  | ||
| Does anyone have a CPA study plan that will allow me to pass the CPA exam by July? Posted: 08 Jan 2019 06:04 PM PST I was thinking about using the Roger CPA 6 month plan; however, I am not sure if it works as well as advertised. Any help would be appreciated. [link] [comments]  | ||
| Anybody know any tricks to getting IRS levies released, during government shutdowns? Posted: 08 Jan 2019 09:56 AM PST | ||
| What if bookkeeping was a dream job? Posted: 08 Jan 2019 01:00 PM PST
 | ||
| Posted: 08 Jan 2019 12:51 PM PST So I started in a top 10 firm in the beginning of November and since then I have honestly done very little work. I am in the Tax department and realize that this is generally a slower period, but I was expecting a little more work. The only work I have done are really just menial tasks, haven't even been put on any clients yet. I have already passed my exams so pretty much all I have done is watch/read trainings and work on cpe stuff, but I just hate how I am not gaining any hands on experience for the last 2 months. I feel pretty useless. I know my firm has recently started outsourcing more of the grunt work overseas, probably to cut costs, so the newer hires could take part in more of the "higher level" work. This is pretty dumb to me considering I really have no idea what I'm doing. I guess I am just looking for some reassurance here because I am starting to really doubt my career choice if this is how public really is. I guess it's also worth noting that a lot of people from senior associate down also have very little to do so it's not like I'm the only one. I feel like I am just annoying A2s and Seniors by always asking if they need help with anything only to have them tell me that they don't have anything for me at the moment. If anyone had similar experiences to mine only for things to get better please share! [link] [comments]  | ||
| Asking for a raise in busy season (Long Post) Posted: 08 Jan 2019 05:14 PM PST
 | ||
| Posted: 08 Jan 2019 07:38 AM PST I was recruited last year to come on board a small firm of about 10 CPAs with the intention of taking over for the partner that hired me when she retires in the next few years. While I was originally super excited about the opportunity to make partner at a firm by or before the age of 30, my excitement has dwindled slightly over the past couple months. The partner I'll be taking over for is very knowledgeable in GAAP accounting and moderately knowledgeable in tax. The firm also has a tax guru and a pure A&A guru, but both are looking to retire in the next few years as well. My concern is that I'm going to take over for this partner in a few years and then all of the incredibly knowledgeable people around me are going to retire leaving me without quality people resources to learn from. I'm afraid of hitting a plateau where I'm not learning more, and therefore not improving or building value-added skills. The other partners in the firm lack the deep A&A experience that can be a huge moneymaker so I can't get much from them either. Has anyone been in this position before? Any advice? [link] [comments]  | ||
| Big 4 switching/choosing industry Posted: 08 Jan 2019 07:11 PM PST I just started at a big 4 firm in the bay area and just got notified of my busy season engagements. All of my clients so far are in the life science industry. I never got asked for a preference of industry, and most of my start class are saying it is because I am a winter hire so I just got placed wherever help is needed. Most of my start class also never got asked for a preference of industry. My question is is it possible/easy to switch industries after the busy season, or am I already pigeonholed into the life science and pharmaceutical industry? I picked the big 4 offer in the bay area because I wanted to work on tech and VC clients as opposed to my original offer for a regional in Sacramento. [link] [comments]  | ||
| Applying after receiving an offer Posted: 08 Jan 2019 04:53 PM PST So here's the deal: I interned at a top 25 firm last summer, got an offer, and accepted. That being said, I'm currently applying to Big 4 firms that will be recruiting on campus soon. How do I spin this to them? Is there any way my old firm would find out and revoke my offer? Any advice would be appreciated here. [link] [comments]  | ||
| Life in a corporate tax department? Posted: 08 Jan 2019 04:38 PM PST Hi all, I'd like preface this by saying this is another one of those advice-seeking posts and thanking anyone taking the time to read/respond. I've been working in public (tax) for 3 years now. Two years at a B4 and 1 year at a local firm. I was looking to transition into industry directly after B4, but my local firm came along and offered a real nice salary so I figured I would give it a chance. It's a great firm, but I've decided that public just isn't the career for me. Since the easiest transition for someone with my resume is joining a corporate/industry tax department, I'd appreciate it if I could get some feedback on how life is like there. Specifically, the hours and the work itself, and an overall assessment of the career choice. I don't know anyone personally in the industry so I figured I'd ask reddit. Once again, thank you!! [link] [comments]  | ||
| Posted: 08 Jan 2019 11:22 AM PST Hi, I got an offer from B4 and just completed their background check documents online. I realized I accidentally input the wrong date of employment for one of my prior jobs. It should have been Jan-Aug 2015 but I had entered Jan-Oct 2015 instead. Should I flag this to my recruiter or is the discrepancy small enough to disregard? Any help would be appreciated! [link] [comments]  | ||
| Posted: 08 Jan 2019 09:54 PM PST I'm doing some late night studying as a newbie but I have a maybe I'm behind question. Debits and credits just recently clicked for me but I'm still iffy. My question is: In a journal entry, you are closing dividends to retained earnings on an income statement in this scenario at the end of the month. Why is retained earnings recorded as a debit, and dividends recorded as a credit when revenues are normally credits, vice versa. [link] [comments]  | ||
| Any FS guys ever think about the MBA route? Posted: 08 Jan 2019 03:29 PM PST Associate in FS Tax here. Let me preface by saying, I like to think I'm not naive about the MBA route. I know that top 25 is probably the only ones worth it from an ROI perspective, M7 especially though incredibly hard to get into. On top of that you have the opportunity cost/lost salary and the crazy hours they work. But man, going through client work it seems like those guys are making a killing and most of them went MBA-IB/Corp Fin-PE or wherever they're at now. Would that be a feasible track for someone in B4 Tax assuming you keep great reviews throughout your time and has anyone thought about it here? I hope I'm not painting myself as completely naive, just a thought I had at work today and curious if anyone had any experience or perspective to share. [link] [comments]  | ||
| CPA Canada Core 1 starting soon Posted: 08 Jan 2019 09:08 PM PST Background info: currently a finance/accounting intern for the government. However, I didn't start CPA fresh out of University. Graduated in 2016... found this job in 2018 and now I'm about to start Core 1. I feel like I've forgotten so much because it's been so long. Not to say that I've forgotten all accounting concepts; I still know what a debit and credit is (I think? haha) and am somewhat familiar with internal controls (theoretically at least). I guess I'm just rambling on about how nervous I am.. especially since it's a jam-packed 8-week course. Any tips on core 1? Did anyone use any additional resources like Densmore core 1 essentials? PASS? Please help :') [link] [comments]  | ||
| What is Mutual fund? Explain with Example Posted: 08 Jan 2019 09:02 PM PST | ||
| Starting my first ever job next week as a staff accountant, what to expect? Posted: 08 Jan 2019 08:57 AM PST Hello everyone. I graduated about a month ago with a bachelor's and master's degree in Accounting with no accounting work experience. I got lucky and was offered a job as a staff accountant with a local firm. My question is, what can I expect? The duties listed are prepare monthly client invoices and 1099s for vendors, month end close, reconciliations, etc. I am just feeling really anxious about starting, as I haven't ever actually worked in accounting. Thank you for any advice or comments. [link] [comments]  | ||
| Do employers care if you took college algebra and/or Pre-calculus? Posted: 08 Jan 2019 05:06 PM PST I have 106 credits towards my BS in Accounting so far. By the time i finish, i will be over the required 120, totaling at 142. I have no math in my transcripts except for probability and stats and business stats 1. I never took college algebra because i was able to go right into probability stats after taking my remedial math courses at the community college i first went to. My accounting program requires Corporation finance. Pre calc is the prerequisite to corporation finance. My advisor gave me 2 options:
She recommends option 2. Any thoughts? Is there any truth to this? Not sure if it makes any difference but im looking to go into industry not public. [link] [comments]  |
![[link]](https://i.redd.it/sqcosimmd9921.png){kind=link}
![[link]](https://i.redd.it/d5u9ikqu2a921.jpg){kind=link}
| You are subscribed to email updates from Accounting. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment