Accounting This sub for the last 24+ hours |
- This sub for the last 24+ hours
- The life of the accountant.
- When your manager is significantly younger than you.
- When people ask questions on earnings calls
- Intern>staff>senior
- One more week and I’ll be free of this dastardly client
- Everybody has been thinking it, so I'm just gonna come out and say it
- You are all wrong. =SUMIFS ALL DAY.
- Is it common practice to have all of an employees emails cc to their manager?
- How much student loan debt did you graduate with?
- Is the accounting you do in school really like the accounting you do in industry accounting?
- Sometimes Excel makes me want to off myself
- My accountant made big mistakes on my 2017 tax return. Do I have to pay him for the time it takes to amend the return?
- As a conflicted college student, I need some help
- Someone quit because of me
- which regional firms have audit/tax clients in the cannabis industry?
- Topside Journal Entries
- Does an AACSB accreditation for Accounting specifically mean anything?
- I left Public and I’m not looking back
- Anyone out there not pursuing or not wanting to pursue the CPA designation?
- My B4 office is giving me a really hard time because I'd like to change industries (audit)
- JOB OFFER EY.. IS IT LESS?
- Question about capital leases
- What constitutes advanced Excel and Wordskills?
| This sub for the last 24+ hours Posted: 25 Apr 2019 03:15 PM PDT
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| Posted: 25 Apr 2019 05:37 AM PDT
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| When your manager is significantly younger than you. Posted: 25 Apr 2019 02:59 PM PDT
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| When people ask questions on earnings calls Posted: 25 Apr 2019 02:41 PM PDT
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| Posted: 25 Apr 2019 10:02 AM PDT
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| One more week and I’ll be free of this dastardly client Posted: 25 Apr 2019 10:21 AM PDT
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| Everybody has been thinking it, so I'm just gonna come out and say it Posted: 25 Apr 2019 04:05 PM PDT COSO is a terrible, awful, absolutely the worst name for anything I have ever heard of. Committee of Sponsoring Organizations??? First off, COSO is not a committee, it's a framework. Second, Sponsoring Organizations tells you absolutely fuck all, it could be sponsoring organizations from any sector doing anything. B-but wait, the longform name helps... Oh ok, it's the Committee of Sponsoring Organizations of the Treadway Commission? Great, I guess we're designing treadmills, maybe tire treads, how to tread water? No, it's internal control, OBVIOUSLY pisses me the heck off [link] [comments]  | ||
| You are all wrong. =SUMIFS ALL DAY. Posted: 25 Apr 2019 05:42 PM PDT | ||
| Is it common practice to have all of an employees emails cc to their manager? Posted: 25 Apr 2019 03:46 PM PDT I am a first year and am now 100% confident that my manager gets ccd on all of my emails. I first thought something was weird when she replied to one or two of my emails to another coworker, when I did not cc her. I am also thinking she only gets emails for coworker to coworker? I am not sure. But I also saw on her screen a bunch of emails from me that I did not send her. So that confirmed it. So I am just wondering if this is normal practice. I don't send anything inappropriate or unprofessional, but just wondering if this is common practice. [link] [comments]  | ||
| How much student loan debt did you graduate with? Posted: 25 Apr 2019 08:09 PM PDT I'm graduating with a MACC and a 41K in student loan debt. How much student loan debt did you graduate with? [link] [comments]  | ||
| Is the accounting you do in school really like the accounting you do in industry accounting? Posted: 25 Apr 2019 09:33 PM PDT I have been reading my int accounting textbook and it got me thinking on how much of this stuff really gets used in day to day operations in the real world. [link] [comments]  | ||
| Sometimes Excel makes me want to off myself Posted: 25 Apr 2019 04:46 PM PDT | ||
| Posted: 25 Apr 2019 06:19 PM PDT My accountant made a a BIG error on my corp taxes last year (which also carried over to my personal taxes). I caught it while reviewing the 2018 taxes in which he made the same mistake. Do I have to pay him for correcting it? I've already decided he's canned after this as he tried to blame his staff and then me. For the curious, he double counted the cash deposits and counted the 100% extra as income- around 44k for both 17 and 18. Thanks! [link] [comments]  | ||
| As a conflicted college student, I need some help Posted: 25 Apr 2019 04:30 PM PDT Im about to finish my first year of college. Currently, im working towards a physical science degree and Im doing well but it's not my thing. Im considering switching to a different major and one that I'm looking into is accounting. I just have some general questions that I figured you guys would be qualified to answer. I prefer answers from actual people rather than google. -What's the general salary? -Hardest aspect of your job? -How many opportunities are out there? -Just any advice you wish you had sooner. I really appreciate anything. Thanks. [link] [comments]  | ||
| Posted: 25 Apr 2019 08:39 PM PDT Basically title. The tl;dr is I am staff in a big4. I'm in a smaller team and I'm pretty tight with the other staff, except for one girl I'll call Ashley. (I am also a girl if it matters.) Ashley, despite having an ivy league pedigree, is down right awful. She needs to be told to do things multiple times. She has terrible time management skills. And she has horrible relationships with others on staff and deliberately tries to make them look bad. About six weeks ago, I lost my cool completely with her. I can go into why but it was totally justified. I grabbed the other staff and ranted in a closed conference room. This was obviously a mistake and I apologized. However, earlier this week she told everyone she had put in her two weeks to go to a client. Today, my director arranged a meeting with me to talk about my team work. he asked about the incident and I explained. He then recommended that I "keep my space" with Ashley and said if I needed to communicate it be through him. I'm honestly thrown for a loop. This has never happened and I'm feeling humiliated and angry. Has this happened to anyone else? Will it delay my promotion? [link] [comments]  | ||
| which regional firms have audit/tax clients in the cannabis industry? Posted: 25 Apr 2019 06:34 PM PDT Looking to job search after this year at my current firm where I work in non profit audits. I'd like to get some SOX experience at my next job as well as getting on some audit engagements for companies in the cannabis industry. [link] [comments]  | ||
| Posted: 25 Apr 2019 06:27 PM PDT Just trying to gain an understanding of what exactly topside journal entries and how they affect the financial statements:
Appreciate the insight in advance [link] [comments]  | ||
| Does an AACSB accreditation for Accounting specifically mean anything? Posted: 25 Apr 2019 10:02 PM PDT Tons of schools have them for their business programs, but accreditation for accounting programs seems a little rarer. Does it really matter? [link] [comments]  | ||
| I left Public and I’m not looking back Posted: 25 Apr 2019 03:30 AM PDT
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| Anyone out there not pursuing or not wanting to pursue the CPA designation? Posted: 25 Apr 2019 04:19 PM PDT I am sure it helps land some industry (non-firm jobs), but is it even really worth it if you're not staying in public accounting? I work as an accountant in veterinary medicine and getting my CPA is going to be a hassle and a half, between having to relearn half the stuff I learned in undergrad to having to go the experience verification route for my hours. The only reason I am really considering it is so I can teach at my University (you need at minimum a CPA and a Masters, and I have a Masters degree) or to improve future job prospects. I also, however, don't see myself wanting to hold a position like a CFO or Controller.... Maybe I'll pursue it in 2, 5, or 10 years, maybe I won't. Have you decided not to pursue it, and why? Or if you have, why? PS: No judgement to those pursuing CPAs - I would certainly pursue mine if I had gone to a PA firm or even somewhere like the Canada Revenue Agency. My path just took me in a different direction and I want to hear your experience/thoughts! [link] [comments]  | ||
| My B4 office is giving me a really hard time because I'd like to change industries (audit) Posted: 25 Apr 2019 05:28 PM PDT Yeah, so around 1 yr and 3 months in as an assurance staff (this past January), I reached out to our schedulers asking for public experience. Ive been working exclusively on our office's government and NFP clients. My goal is to leave for a senior accountant position for a public company, so i decided it was time for a change. As much public experience before getting promoted to senior in October would be ideal. I heard nothing back, and reached out in March, and was told that they were in the middle of setting up their FY19 client schedules, and would let me know as soon as they found a good fit for me. I got a ping today from the scheduler asking for a phone call, and found out that I'll be on a new gov client for the month of May, and another one July - September. I literally couldn't believe it, and know for a fact that the scheduler knew I was pissed off. She insisted that she would try to give me a couple of weeks of walkthroughs/controls work on a public job in June. I kind of laughed, because that's a fucking joke, and she then said that she is working on making a public job happen for me, but there's a couple of moving parts she needs to solidify. Complete bullshit lol. Once I hung up the phone, my senior laughed and said "I told you dude, "Mike" (the partner on our jobs) has the last say and completely dictates your schedule. If you make his life easier, he is not going to be willing to give up your time". I told this to my old manager who left for industry and he completely agreed with my senior, because the same exact thing happened to him, and it caused him to quit. The thing that fucking infuriates me is I JUST declined working on a government job with this partner this summer, and he told me "I understand, if you want public experience, that should be your priority". I feel like I definitely shouldn't quit since promotions aren't far off, but at the same time I'm really starting to feel backed into a corner. I have great reviews, and truely thought moving to a different industry would be a non-issue. Does anyone have any advice? [link] [comments]  | ||
| Posted: 25 Apr 2019 04:56 PM PDT I got job offer from EY canada for $50000/yr. I have cleared 3 US CPA exams & 1 year of experience in taxation in small firm? Is it bad offer...!! or thats what the starting is? [link] [comments]  | ||
| Posted: 25 Apr 2019 04:40 PM PDT Not exactly homework help but more like work help... somehow I've managed to go years without being responsible for setting up capital leases for a client. A client have several leases to be capitalized and I am at a loss for what numbers to use. No one can take a minute to help me until next week and the client wants it ASAP. Here is an example what I am dealing with: Invoice for asset = $50,000 pre-sales tax Lease payments = $1,000 pre-sales tax x 60 payments = $60,000 There is no interest mentioned in the terms of the lease agreement and no additional fees either. I ran an amortization table using the invoice cost and the interest rate would calculate to 14.95% based on the scheduled payments (not the example numbers). But again, absolutely no interest mentioned in the lease agreements. Since this is the case for every single lease agreement they gave me, I'm not sure if this is normal when dealing with capital leases. Am I missing something? Or should I be capitalizing based on the payments when there is no interest but a variance with the cost? [link] [comments]  | ||
| What constitutes advanced Excel and Wordskills? Posted: 25 Apr 2019 04:30 PM PDT Genuine question as I don't know whether I am still keeping up with the times as I work in a slow paced job and am worried of having outdated skills. Would the following be enough? Pivot tables Vlookup sumif iferror MailMerge(for Word) ctlr+c and then alt es formats format painter ctrl+v ctrl+a ctrl+s Advanced Filter Freeze panes Text to columns vouching Conditional formatting Is there anything else I should know? [link] [comments]  |
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