Accounting How long did it take before you knew what the hell was going on? |
- How long did it take before you knew what the hell was going on?
- You would think repairs expense would be insanely high in a lot of these companies
- What fucking language is this?
- that’s one way to get free tax advice
- *right now* I am realizing that the more I agree with my boss on non-work things, the more the boss likes me AMA
- Is it true that Accounting is a generally better major than Finance/Economics?
- Auditing to marketing
- Accounting Nomad?
- CPA’s, what percentage of the material from the CPA exam do you still remember?
- What's the dumbest thing you ever said or did in an interview but still got the job?
- How it feels waiting for the results of an interview:
- Does anyone share my excessive hate for Tim Gearty?
- Is it hard finding an accounting/ auditing job in NYC?
- Why do I feel bad for working in bookkeeping?
- Me
- M&A tax at smaller firms?
- Accounting HW Help - Capex on Balance Sheet / Depreciation
- How possible is it to get a job in accounting with a GPA less than 3.0?
- What should I do? (Black Tar Heroin)
- Appropriate Salary - Am I asking for too much?
- Accrue netbook value?
| How long did it take before you knew what the hell was going on? Posted: 23 Apr 2019 03:18 PM PDT I'm 9 months into my first full time position and every day I sit at the desk I realize I have no idea what the fuck is happening. Four years of classes, passed them all, a degree to prove it. My email signature says accountant in it. I'm guessing this is normal. So how much longer until I feel competent? [link] [comments]  | ||
| You would think repairs expense would be insanely high in a lot of these companies Posted: 23 Apr 2019 07:08 AM PDT | ||
| What fucking language is this? Posted: 23 Apr 2019 03:02 PM PDT
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| that’s one way to get free tax advice Posted: 23 Apr 2019 09:11 PM PDT
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| Posted: 23 Apr 2019 06:31 PM PDT Like, right fucking now at 932pm Eastern. Edit: and I'm high as shit [link] [comments]  | ||
| Is it true that Accounting is a generally better major than Finance/Economics? Posted: 23 Apr 2019 08:31 PM PDT By generally, I mean as long as you're not going to an ivy league, or a less prestigious, but still top tier school. I keep reading that 95% of Finance majors end up selling insurance, and the ones that make it into investment banking massively skew the numbers to make the field look more lucrative than it really is. Likewise, I've also seen it explained that the only reason why the Accounting median salary is so "low" in comparison (I wouldn't really consider 70k low, but whatever) is because of the wide variety of jobs available, with low level jobs that don't even require a four year degree driving down the median salary. [link] [comments]  | ||
| Posted: 23 Apr 2019 07:55 PM PDT Anyone make the transition towards marketing? If so, what do you like about it and how did you end up in marketing? [link] [comments]  | ||
| Posted: 23 Apr 2019 07:07 PM PDT Something I've put some thought into over busy season... Is it the slightest bit realistic to make enough money doing freelance accounting work to fund a year or two traveling the world at break even? I'd picture spending most of time in cheaper cost of living countries (South/central America, SE Asia, Eastern Europe), and working 20-40 hours a week. I have 3 years big 4 audit experience, also some individual/corporate tax experience and have my CPA. I truthfully know very little about freelance, and understand that work can be very volatile but would love to hear if anyone thinks this is conceivable or just a total daydream! [link] [comments]  | ||
| CPA’s, what percentage of the material from the CPA exam do you still remember? Posted: 23 Apr 2019 03:50 PM PDT Does anyone actually remember the material, or did you just forget it all immediately after taking the exam? [link] [comments]  | ||
| What's the dumbest thing you ever said or did in an interview but still got the job? Posted: 23 Apr 2019 09:56 PM PDT I recently got and accepted a job offer at a vendor financing company. The tax manager was stereotypically Italian I'm talking deep button down shirt, black curry chest hair and gold chains with a New Jersey accent to boot (not in New Jersey). The interview went well I got the only question right and I'm just riding high. Near the end he talks about golf and how much he dislikes it and then I make the connection to this scene from The Sopranos. We where wrapping up and I have this uncontrollable need to be funny and have people like me so I start explaining the scene to him. I end up saying all of it out loud, I was initially planning on on doing the accent but chickened out halfway and the guys just stares at me dead silent. [link] [comments]  | ||
| How it feels waiting for the results of an interview: Posted: 23 Apr 2019 10:32 AM PDT
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| Does anyone share my excessive hate for Tim Gearty? Posted: 23 Apr 2019 02:59 PM PDT I just want to strike him over little things, like saying BAE BAE and thinking he's cool, curse you Tim Gearty, if I saw you in real life I would have to fight the urge to smack you. I can't even focus on FAR and I take it next week. [link] [comments]  | ||
| Is it hard finding an accounting/ auditing job in NYC? Posted: 23 Apr 2019 04:48 PM PDT I have close to three years of big 4 experience (1 year doing IT auditing and 2 years financial consulting) in another east coast city. I also have a CPA license. It's been my dream to someday work in NYC. I heard it was super competitive. Would be be difficult with my qualification to land an IT audit job there? I am a bit concerned since the industry that my current clients are from are not banking or finance. [link] [comments]  | ||
| Why do I feel bad for working in bookkeeping? Posted: 23 Apr 2019 09:58 PM PDT I graduated in 2017 at the top of my class with an HBComm degree in accounting, and just completed my Masters degree in August. My professors and classmates know me as the "smart" one due to my high achievements. I tried working at two mid-sized PA firms (we don't have big 4 where I live) and hated it. I lasted a week at each one due to anxiety. Everyone I know at them is miserable, overworked, and underpaid. I recently took up a bookkeeping job at a high volume vet clinic and I love it - first of all I get to work with animals, and the job has taught me a lot from tax filings to payroll and more. I am the only accounting position at the hospital, aside from our external accountant. It is VERY autonomous. However, I can't help but shake the fact it isn't good enough because of my high achieving history. I'm also afraid having "bookkeeper" on my resume will look bad, because generally those positions are seen as less prestigious or require skills. Even updating my LinkedIn to "bookkeeper" seems embarrassing. I am essentially doing full cycle bookkeeping (payroll, AR, AP, tax remittance, bank recs, monthly reporting, adjusting entries for month/year) and a lot of work for financial statement prep, but I can't shake this feeling. Even seeing people talk poorly of AP and AR positions makes my heart drop. Has anyone worked in a accounting position they were overqualified for, specifically if due to mental health? I am genuinely happy with this position, but can't shake that it isn't "good enough". Even my professors constantly email me and ask if I'm considering pursuing my CPA, which I really don't want to (or can't do) at this current time. It's frustrating because I just want to do what makes me happy, not what others seem to want me to do or what will look the best on my resume. PS - props to you all in a big 4 firm. The midsized firms are bad enough here (luckily they are not nearly as competitive). [link] [comments]  | ||
| Posted: 23 Apr 2019 09:58 PM PDT
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| Posted: 23 Apr 2019 08:17 PM PDT Having been at big4 M&A tax in a major market for 6 years, I am absolutely burnt out. Also finding it difficult to find appealing in-house positions without a few more years of experience. I don't despise the actual work, but the on-call 24/7 lifestyle and completely unpredictable hours drives me nuts at this point. Does anyone have any experience with M&A tax at regional firms, or smaller? I've noticed some pretty small firms hiring for M&A tax positions recently, though those could be first on chopping block once any kind of recession hits. Wondering if life is incrementally better smaller you go, though I imagine the work becomes more along the lines of 382 and stock basis studies, which, while not appealing, sounds better if it means more predictable hours and better lifestyle. Obviously pay cuts come with move to smaller as well. Anyone with any experience or insight would be much appreciated. Thanks in advance! [link] [comments]  | ||
| Accounting HW Help - Capex on Balance Sheet / Depreciation Posted: 23 Apr 2019 07:35 PM PDT If a company decides to build a building for $50 million and decides to pay half of it today and the other half a year from now. The building will begin to depreciate in 3 years when the building is completed and ready for operations. When can I add the $50 million building to my PP&E under my balance sheet? Do I add it when the building begins to depreciate in 3 years or can I add it in today when I pay for it? Also, if I add it today, do I add $25 million today or the full cost of the building today? Thanks for your help! [link] [comments]  | ||
| How possible is it to get a job in accounting with a GPA less than 3.0? Posted: 23 Apr 2019 07:52 AM PDT I'm a 22 year old female college student in her senior year. My GPA is very bad. I have a 2.3. I know it is terrible but I have depressed for a majority of my college career. Is it still possible to get a job? I know that the big 4 and other accounting firms in the Bay Area require a 3.0. Is it still possible? I never had internships before [link] [comments]  | ||
| What should I do? (Black Tar Heroin) Posted: 23 Apr 2019 09:10 AM PDT My position was eliminated at the end of March and I have sent out over 210 applications in a month and I've been having good luck but no offers. I turn 26 in June and need health insurance. I want to do part time work or anything to stay active as I have unemployment and severance but desperately want to get back to work. What should my plan be? [link] [comments]  | ||
| Appropriate Salary - Am I asking for too much? Posted: 23 Apr 2019 10:29 PM PDT I have three and a half years of professional experience in accounting and an accounting related job. The salary I am asking for seems acceptable for the market and I am negotiable. But I have either had no bites or keep getting rejected in my local area. Other thoughts I have had is the companies have seen my experience as either too little or not related or there are better candidates, which can happen since the state I live in has more strict CPA requirements compared to the rest of the USA. I do have an offer for an auditor position at a small tax and auditing firm in Southern California, but the offer is only $2K more than I am currently making, and the state I live in has a lower cost of living. There is no room for negotiation (I tried already and they said it was already above average). I understand paying my dues still, but taking my only offer now would put me worse off financially with the higher costs of living as well as a significant increase in withholdings and health insurance than staying where I am and finding a new job. How do you know when you are asking for too much of a salary increase when looking for a new job? Do you guys feel underqualified for jobs and still got something above you, or did you have to settle for something lower to build more experience? [link] [comments]  | ||
| Posted: 23 Apr 2019 04:18 PM PDT I'm hoping all of you could help me as I'm new to accounting in general. I have a COGS report I run every month and this month the report had some weird error so I need to accrue the netbook value. How would I make this entry? I'm not sure what accounts to hit to make sure it doesn't mess anything up further. [link] [comments]  |
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