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    Accounting Everyone I know getting engaged vs Me getting engaged

    August 01, 2019

    Accounting Everyone I know getting engaged vs Me getting engaged

    Everyone I know getting engaged vs Me getting engaged

    Posted: 01 Aug 2019 07:08 AM PDT

    Ah yes just what I need

    Posted: 01 Aug 2019 11:14 AM PDT

    Just another day at the office for month end

    Posted: 01 Aug 2019 12:51 PM PDT

    WE GETTIN AN EARLY RELEASE BOYZ AND LADIEZ!!!

    Posted: 01 Aug 2019 07:14 PM PDT

    How dare you?

    Posted: 01 Aug 2019 07:37 AM PDT

    One of my partners was here till 3am then in again before me today....

    Posted: 01 Aug 2019 01:19 PM PDT

    This shit aint for me dawg... its fucking August 1st

    submitted by /u/YeetGawdMcNeckAss
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    Grant Thornton 2019 Compensation Thread

    Posted: 01 Aug 2019 09:00 PM PDT

    1. Market/Office
    2. Service Line
    3. Old role --> New Role
    4. Performance Rating
    5. Old Salary --> New Salary
    6. Bonus
    submitted by /u/MisterEarlGrey
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    I just got on an improvement plan. Am I going to be fired?

    Posted: 01 Aug 2019 07:08 PM PDT

    U.K. Regulator Fines KPMG for BNY Mellon Reports

    Posted: 01 Aug 2019 04:07 PM PDT

    When your birthday is during Month End Close...My mom is an accountant too and purposely planned my birthday outside of tax season but didn't consider month end close so cheers to working on my birthday.

    Posted: 01 Aug 2019 06:50 AM PDT

    For those of you in industry who are wondering if it’s possible to get into public...

    Posted: 01 Aug 2019 09:43 PM PDT

    It is!

    I graduated a year ago from a non-target school. I didn't do any audit internships. No Meet the Firms. No summer programs. No networking. No CPA qualifications. Not even an accounting degree.

    But now, after a year of working as a Staff Accountant at a small company, I just got offered a position as an experienced hire with a top 10 international firm. There is hope!

    submitted by /u/throwaway10283749
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    Work in spurts ?

    Posted: 01 Aug 2019 09:30 PM PDT

    Do you guys normally have plenty of sparetime during work? I normally have spurts of work then majority of time im on google. Is it this way for all of accounting/audit?

    submitted by /u/youfeelme1997
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    GT Forensics layoffs?

    Posted: 01 Aug 2019 10:28 AM PDT

    Friend just said her who team was laid off. Apparently they over heard a partner saying it could be anywhere from 200-300 people in total. Anyone else heard anything?

    Edit layed to laid

    submitted by /u/sfw_account8
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    Big4 with no internship

    Posted: 01 Aug 2019 10:04 AM PDT

    Hey fam 💖

    Starting grad school here at a target school in two weeks. I was wondering if any of y'all got big 4 job offers without doing an internship with them. I worked in public accounting when I was in undergrad as a staff accountant, but it was for a small local firm as we didn't have any big firms where I went to a non-target school.

    As always, bless you buddies for your advice!!!!

    submitted by /u/YakBoi123
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    Where to look on tax return for hidden assets and $ ?

    Posted: 01 Aug 2019 05:15 PM PDT

    Hello all,

    I'm an attorney representing the wife in an divorce case. My client doesn't have enough $ to pay for a forensic accountant to evaluate and dig deep into her husbands business. The business has been showing a continuous loss the past couple of years, yet the husband owes a ton of $ to the irs in taxes and his income prior to showing losses exceeds a million. I have a background in finance but by no means am an expert in accounting. Was wondering if anyone could point me in the right direction in terms of what to look for on his tax returns. I've got the last 5 years. Thank you.

    submitted by /u/esq0bar
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    I finally got a call from the firm!

    Posted: 01 Aug 2019 11:32 AM PDT

    I'm just so excited and all my stress I've been dealing with is all out the window. I got a tax internship offer near my campus for next spring and it's the first step to me getting to that cpa! I posted a few weeks back asking some questions and I just wanted to share it with someone. Thanks for everything r/accounting!

    submitted by /u/nlindahl97
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    Compilation of Specified Elements, Accounts, or Items of a Financial Statement

    Posted: 01 Aug 2019 10:03 PM PDT

    A client has requested a compilation of the balance sheet only since it is a new entity and there is no P&L activity. All the client has is cash and the requirement by the reporting agency that the client will be sending the financials to does not require disclosures. Does anyone know if you can do a compilation on a balance sheet only? The pre-clarity standards SSARS standards do not discuss if Compilation of Specified Elements, Accounts, or Items of a Financial Statement (AR sec. 110) is still applicable. AR- C Sec. 80 does not mention anything about reporting on one statement, in this case would be the balance sheet.

    submitted by /u/Big_Pimpin1
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    Ins and Outs and gotcha's of LinkedIn

    Posted: 01 Aug 2019 03:58 PM PDT

    I'm new to LinkedIn, so I have no clue what to watch for or how to set my account settings.

    Point of reference: remember when everybody was joining Facebook and the world was happy, then you later discover your birthday and email address and all that stuff was out there for the public to see? Yeah... Good times.

    I just want to join and navigate LinkedIn without having to later discover a GOTCHA!

    Got any tips for me?

    submitted by /u/Wolf_FXDLS
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    Is depreciation / amortization an optional deduction?

    Posted: 01 Aug 2019 09:26 PM PDT

    I couldn't find anything online to support or refute this....

    Also why would it be OK for the amount to be low as well?

    submitted by /u/godzilla_did_9-11
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    I don't have that fancy excel machine but the answer is 87.37

    Posted: 01 Aug 2019 05:46 AM PDT

    Looking to move to Sydney, Aus. from Alberta, Canada

    Posted: 01 Aug 2019 08:56 PM PDT

    Hey guys,

    Anyone have experience moving to Australia from Canada? What was the transition like? (Designation transition and work culture-wise)

    I'm also wondering what the work culture is like for CPA's in Sydney, specifically in industry and government compared to Canada.

    Any advice/stories/tips would be appreciated :)

    Thanks !

    submitted by /u/lolwut07
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    What type of scam is this?

    Posted: 01 Aug 2019 05:00 PM PDT

    So I'm an Accounting major currently in undergrad, and I have this info included in the bio of one of my social media's. I was contacted on said social media by a random person and asked to make "quick money" by helping a local business most likely because they saw my bio (or maybe not?). Obviously I will NOT participate and I immediately knew it was a scam. Didn't even reply back.

    However being that I'm a student with a future career I would like to know out of curiosity how these type of schemes work to take future notice and have awareness of such things.

    Person: Would you like to make quick money? Me: ?? Person: "Basically you're just helping the company **** keep their checks and balances moving at a correct rate .... so they transfer small profits to local people in **** To keep their rates from jumping over market...ONLY CATCH is you only get to keep 32% of the cash that's being transferred over so you'll be making a even profit of 1376$ which is the 32% out of 4300$....so ALL cash is legit and will be verified"

    Are they attempting to claim they made less sales revenue so they have to pay less taxes? And therefore are transferring money to random people so it doesn't show up in the business accounts or any related owners? Is this just someone not even working for a business and attempting to just steal my banking info? Lol.

    submitted by /u/Eric-The-Hysteric
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