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    Accounting KPMG Compensation Discussion

    October 03, 2019

    Accounting KPMG Compensation Discussion

    KPMG Compensation Discussion

    Posted: 27 Sep 2019 10:55 AM PDT

    Compensation discussion with communicators are starting today. Share your compensation with the rest of the golfers.

    Provide in your comment:

    • Location

    • Service Line

    • Old Base Salary

    • New Base Salary

    • VC Bonus

    • Performance

    • Old Position

    • New Position

    • Are you leaving after Audit Digital Transformation bonus? (Audit service line only)

    submitted by /u/IndubitablyTheBest
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    What every LinkedIn recruiter message sounds like to me

    Posted: 03 Oct 2019 09:56 AM PDT

    Client brought me a hand written summary of his expenses and I can’t handle it

    Posted: 03 Oct 2019 09:24 AM PDT

    I felt that

    Posted: 03 Oct 2019 08:16 PM PDT

    Classic

    Posted: 03 Oct 2019 01:52 PM PDT

    Maximum Professionalism

    Posted: 03 Oct 2019 09:39 AM PDT

    Interviews.

    Posted: 03 Oct 2019 09:41 AM PDT

    I was 20 minutes late to my interview at a regional firm today. I arrived in the office, delirious, clothes drenched, briefcase soaking, the remnants of coke powder from the night before still smeared down the front of my nose. The hiring manager asks me, "what happened?" I responded, "my car broke down on the freeway, so I ditched it on the shoulder and walked and ran part of the way. It was pouring rain."

    They didn't even bother to interview me. They got me a cup of coffee and told me, "You're hired. Now go home and get some dry clothes. And clean that powder off your face." It was for a job in FS audit. I already had a great resume, and they wanted me on the team because I showed so much heart and determination.

    Recruiters- Life happens! Stop looking for perfection; it does not exist! Look for passion and potential. Who took a chance on you? Maybe it's time you took a chance on someone else.

    Agree? Disagree?

    submitted by /u/Triple_Rod
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    Tell me about it...

    Posted: 03 Oct 2019 01:33 PM PDT

    What do you mean consuming nothing but black coffee & Doordash for 3 months straight will do a number on your belly??

    Posted: 03 Oct 2019 05:12 PM PDT

    LinkedIn motivational posts are getting weird

    Posted: 03 Oct 2019 09:40 AM PDT

    THANK YOU!!!!!

    Posted: 03 Oct 2019 02:09 PM PDT

    Hello friends!!!

    I've posted on here in the past about career advice or your thoughts on finding positions and I just wanted to say THANK YOU to all of you for the advice as I've received five offers this recruiting season!! I say that not to boast, but as a proven result from the help of y'all on this sub!

    Best Wishes pals

    submitted by /u/YakBoi123
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    Please do not hire non-Accounting grads to fill in accounting positions, even if it’s entry-level

    Posted: 03 Oct 2019 10:02 AM PDT

    Apologies for poor formatting. I'm on mobile.

    I'm leaving my company tomorrow and yesterday, I started training my co-worker, Accountant, to take over my tasks. It's easy AP and payroll processing and analysis. I remember her mentioning casually that she has a degree in International Finance, I was impressed because she seemed to be overqualified for her position. I later learned that it's from a degree mill.

    She has no payroll experience so I took the time to create handouts for her and summarize the entries. It was going well, she was taking notes though I noticed that she was writing stuff word per word. This morning, when I was teaching her how to make accruals for payroll, she asked me what is an accrual, and why do we have to accrue when it's getting reversed anyway at the beginning of next month. I was shocked, I don't know how she survived two years in accounting without knowing what an accrual is!

    Our company is using Imprest Fund system and it took me almost an hour to explain it to her. I started giving her practical explanations so she can easily grasp the concept. It worked! But not for her next question, "what is debit and credit and how do we know whether to debit or credit an account?" So now, I doubt she understood any entry that I've taught her earlier. That's where I lost it. I didn't sign up to be a Basic Accounting professor on my last two days at work. My plan is to finish the transition today but that seems impossible now. She's a hard worker but she learns methodically and not conceptually. And although accounting is not really that complicated, it's really difficult to train someone who doesn't have the basic foundation.

    This is not the first time this happened to me. I also had to transfer some work to a non-Accounting grad co-worker two years ago. She also asked some basic things that an Accounting grad should know, which ultimately prolonged our transition by a day.

    To all the accounting managers in this sub, even if it's AP or AR job that's entry-level, it would be better to hire a fresh accounting grad with no experience over an "experienced" non-Accounting grad.

    submitted by /u/hibiscusity
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    KPMG recruiting

    Posted: 03 Oct 2019 09:51 PM PDT

    I went to a KPMG recruiting event and they actually took us golfing no joke.

    submitted by /u/IPROMISETODOIT
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    When should I make the move to big 4/national firm?

    Posted: 03 Oct 2019 06:25 PM PDT

    I'm currently a 1st year at a small regional firm and although I'm pretty happy, there just aren't that many young associates like me. Also I know working at a national or big 4 will give me better career opportunities down the line. My current firm is pretty laid back for the most part (40 hr weeks, 65 hr tops during busy season) and everyone is friendly. I tried to get into these big firms during recruiting but my GPA just wasn't high enough.

    I was thinking of either working here for a little over a year and then trying to get in a bigger firm as an experienced associate. The other option would be to wait until I hit senior here then make the jump. Only problem is I heard bigger firms (especially big 4) don't allow you to keep your senior status when you make the jump to their firm.

    I am in tax and would be looking to continue that. Any advice or suggestions would be greatly appreciated.

    submitted by /u/GymandRave
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    are employers tripping with some requirements or are they for real

    Posted: 03 Oct 2019 07:07 AM PDT

    i'm looking at job listings and the large public firms are pretty clear cut about it expecting straight out of college and gpa is like the only req

    but for some private firms and industry positions. in regards to what should be entry level staff positions i'll see requirements all over the place like accounting 3-5 years preferred, excel 3 years required ERP 1 year preferred. some will say public experience preferred or highly desired. and i just came across one for a private firm that had at least 2 years required and their salary listed was in the $30s?????????????

    i have seen some places where it will say 2 years accounting experience OR bachelors degree, is that basically what I should assume for all. and if that's the case does it actually translate accurately? would someone who does have a degree but not any bookkeeping or etc experience be capable of doing the position.

    submitted by /u/farinamonth
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    KPMG Deal Advisory Interview Advice

    Posted: 03 Oct 2019 09:45 PM PDT

    Hello Everyone!

    I have a KPMG Deal Advisory interview coming up next week and I was wondering what kind of questions I should be expecting. Will it be mostly behavioral? Maybe some technical questions if so what kind? Any help/advice would be great thank you! :o)

    submitted by /u/soupmuncher69420
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    Would taking a client to a strip club fall under "meals and entertainment" expense?

    Posted: 03 Oct 2019 03:28 PM PDT

    Studying for REG... That's why I'm asking.

    submitted by /u/Consequencesoflove
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    This salary is looking kinda nice right now

    Posted: 03 Oct 2019 08:56 AM PDT

    [CAN] Any CPAs with side gigs?

    Posted: 03 Oct 2019 10:37 AM PDT

    Wondering what you guys do on the side to earn some extra income? Making $65k in Vancouver working 40hrs/week and thinking of picking up a side hustle. Promotion probably won't come fast enough.

    submitted by /u/Pleasantcustomer27
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    Realistic landing spot from industry to public

    Posted: 03 Oct 2019 07:59 PM PDT

    Whats a realistic landing if someone went from starting off in corporate finance and after 3 years was a Senior Analyst with 150 credit hours wanting to get their CPA? Would they still have to start off as Staff if they went to a regional firm?

    submitted by /u/youfeelme1997
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    Starting position advice

    Posted: 03 Oct 2019 03:34 PM PDT

    I'm sure r/accounting is flooded with these, but here's what's keeping me up at night:

    I am a masters student that will start work in the fall of 2020. I am in a unique position because I never had an internship. My grades were too low, my interview skills sucked. I got my grades up, took an interview class, and even passed a section of the CPA just to stand out. It worked, I have received two offers from B4, and two offers from top 10 companies. I am attracted to the B4 because of the prestige, but I am attracted to the top 10 because the offers come from cities I would rather live in/ possibly a lighter busy season. This is difficult because I have to make this decision with no public accounting internship experience to base my decision on.

    My questions –

    How much better is a B4 on your resume, as apposed to a top 10?

    How mild is a busy season at a top 10 compared to a B4?

    One B4 offered me 3K more a year than the other. The lower-offer firm has a dominate hold on the market of the city (audits 48% of the city's fortune 1000) . Is it worth taking a little less money to be associated with the better firm?

    submitted by /u/cneiger
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    HW Says Numbers Are Wrong so What do I Do?

    Posted: 03 Oct 2019 10:12 PM PDT

    I am meeting with a firm after they cancelled the interview and the associated job. What to expect ?

    Posted: 03 Oct 2019 10:05 PM PDT

    I was applying for a 3-month internship for my semester break, I got through the online interview, assessment centre and got selected for the personal interview. However, the firm canceled the interview stating they don't have enough budget to hire an intern and would rather hire a full-time employee.

    They gave me an opportunity to ask some questions/ career guide and to meet for a coffee with their assistant accountant and now that coffee meeting turned into me meeting the assistant accountant and a senior partner at that firm.

    I am confused, did this turn into a pseudo-interview and what should I even ask now, if it was only the assistant accountant (who has done the same course as me ), I would have asked how to apply etc but now I can't ask mundane questions in front of senior partner.

    Also, I am not really good at coffee meetings in general.

    Edit: This is in Australia

    submitted by /u/dorkknight2
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