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    Accounting r/accounting baby guppies right now

    October 05, 2019

    Accounting r/accounting baby guppies right now

    r/accounting baby guppies right now

    Posted: 05 Oct 2019 09:41 AM PDT

    I think this belongs here too ��

    Posted: 05 Oct 2019 07:37 AM PDT

    I work in accounting/finance recruiting and found this gem of a LinkedIn profile today

    Posted: 04 Oct 2019 11:33 PM PDT

    Found the accounting professor

    Posted: 05 Oct 2019 11:48 AM PDT

    Key witness in Botham Jean case killed.

    Posted: 05 Oct 2019 08:14 PM PDT

    What would you tell college you about accounting?

    Posted: 05 Oct 2019 12:49 PM PDT

    I'm studying to be an accountant and was wondering what actual accountants wished they knew while working towards that profession.

    submitted by /u/rawrgirl07
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    KPMG Internship

    Posted: 05 Oct 2019 03:20 PM PDT

    Considering accepting an internship at KPMG but friends are bringing up the "Steal the Exam" issue. Is this something that staff and interns at KPMG should be concerned about?

    submitted by /u/tr999888
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    Do people sell their Becker accounts once they’ve passed the exams?

    Posted: 05 Oct 2019 09:48 AM PDT

    When I was studying for the GRE exam, most people used Magoosh (a GRE online prep course) and it was fairly common to see people on the GRE subreddit selling their username and password once they had passed the exam and had no use for the course anymore (you pay for a year or 6-month subscription). Does anyone do this with their Becker accounts? Im in the market to buy the FAR standalone Becker package but wanted to see if I could just buy it second hand from someone before I pulled the trigger on Becker's website.

    submitted by /u/jacob62497
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    How do you know which accounts to create a T account for when doing cash flow statements using the direct method?

    Posted: 05 Oct 2019 03:07 PM PDT

    They give us a list of accounts eg. cash, a/c rec, accumulated depreciation, share capital, revenue, bad debts expense etc as well as their 2018 and 2019 balances. What i don't understand is, when we create T accounts, why don't you create one for every account and how do you know which one to create one for?

    submitted by /u/jghsh
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    Need help with this interview HW... neither me nor my parents know anyone. I just need help me writing this paper so I can get the points, I’ll be so grateful!

    Posted: 05 Oct 2019 08:34 PM PDT

    BDO Second Round Interview

    Posted: 05 Oct 2019 02:30 PM PDT

    Hi guys, I have a second round, in person BDO interview coming up in a few weeks. Experienced audit associate position.

    Any recent experiences? What should I expect? Tips? It will be with 2 managers and a partner.

    Thank you!

    submitted by /u/sofa_locked
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    Anyone got advice on how to get self-service CPEs?

    Posted: 05 Oct 2019 05:56 PM PDT

    Its October and I need to get 20 CPEs - does anyone have any good recommendations for self-service CPEs?

    It would be great if someone had a recommendation for CPEs I could knock out on the weekend or at night when I have an hour or two free.

    I keep trying to take the Deloitte CPE training - but have last minute meetings come up.

    I'm in Virginia if anyone knows of any good upcoming live training as well.

    submitted by /u/pharmorjac
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    Close to getting an accounting degree with a relatively good GPA... but would rather drop out and do something else

    Posted: 05 Oct 2019 04:45 AM PDT

    The reason I picked this path is that I'm the child of immigrants who do manual labor, and I'm the only person in my family to go to university, so everyone was pressuring me to study for some "easy office job that pays a lot", they suggested accounting, and both my family and I had a very basic understanding of what that actually was. Here I am, about 3.5 years later...

    I only have audit and tax left of my accounting degree, I will have no less than a 3.3 GPA when and if I graduate. I've sunk so much time and money into this degree, and I'm actually pretty good at accounting. I'm a volunteer tutor (I enjoy teaching any subject) and several of my professors have pushed me towards our school's masters in accounting program.

    But the thing is... I absolutely don't want to be doing this. It wasn't my idea in the first place, and I learned the truth about it long after it was too late. I'm in an accounting club that has firms show up every once in a while and I'm so sick of hearing them brag about "work life balance" while my adjunct professors that work(ed) for the same firm tell me about coming home at midnight regularly, even outside of busy season. I don't think this could possibly be worth the paycheck, it sounds miserable. I don't want to work like that for "just a few years" while similarly paying careers have normal hours year-round, I don't want to piss away my 20's for $50k/yr. If I hear another ditzy recruiter who has a degree in marketing or some shit and doesn't even work in accounting give one more fake-ass presentation about how her firm is just the best evarrr zomg I love it here, when I was pregnant the senior manager would give me footrubssssss and I didn't have to show up for work and stuffsies, I will actually go insane.

    I'm also not an office job type of person, period. As much as my family hates it, I don't think they'll ever have their dream rich accountant/lawyer/etc. child who has that kind of a job. I've wanted to be a pilot for a while now, that's my biggest hobby. Or a mechanic, or a welder, or an electrician, something like that sounds like it would be infinitely more pleasing than this. Sure, I'm "good enough" to have a good GPA in college, but who cares? My family thinks that any job where I "work with my hands and not my brain" is shameful and nothing to write home about, and if they don't get to brag about me to their relatives back in their country, I shouldn't do it.

    I'm sorry for this personal rant, but I really need advice, and I don't have anyone to talk to (it's either my family or people I know from my university that are overdosing on the koolaid). Should I just suck it up and stick with accounting, given how much time and money I've put into it already? Or should I give up and take flight lessons or go to trade school, like I actually want to?

    submitted by /u/petroldrinker
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    Is studying Accounting much easier if you're good at memorization?

    Posted: 05 Oct 2019 03:01 PM PDT

    I want to study Accounting but I'm not good at math, physics, e.t.c which requires more of a practicing approach instead of memorizing. The one thing I am really good at though is memorization. So is it much easier if you're good at it?

    submitted by /u/BlckKnfe
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    Drug test

    Posted: 05 Oct 2019 06:36 PM PDT

    Do the big 4, and other large accounting firms drug test?

    How about small firms?

    submitted by /u/bitterSALTYseaman
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    PwC Start Dates?

    Posted: 05 Oct 2019 09:53 PM PDT

    Hi all!

    I will be graduating December 2019 and will be interviewing for a tax position for the Bay area locations.

    Just wanted to know if they normally start new hires in January, or give the option to start later on during the year, specifically for tax?

    submitted by /u/nf0422
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    audit internship vs software thoughts?

    Posted: 05 Oct 2019 05:48 PM PDT

    Currently interning at a software company doing invoice processing and other aspects of operational accounting. I really enjoy where I currently work. However, I talked with another large fortune 50 company and I've recieved an offer for an Audit internship.

    As someone pursuing an internship in public accounting, would this internship in Audit increase my chances in a future audit position at a big 4 firm? Also what's the biggest differences between private and public audit ?

    submitted by /u/Bobby1116
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    Correct Accounting Term?

    Posted: 05 Oct 2019 09:29 PM PDT

    Hello,

    ​

    Sorry if this is the wrong place for this!

    I happened across an accounting term the other day and can't remember it/find it again.

    It refers to the illegal practice of recording an expense in something (E.g. expensing part of ticket sales for executives) incorrectly by stating it as a reduction in revenue instead of as an actual decrease. (E.g. We expect $1000 in ticket revenue but after expensing tickets, we expect $960) . I vaguely remember it sounding like scrubbing or something of that vein.

    submitted by /u/TheContrarianRunner
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    I just took the Becker FAR Practice test #1 and scored a 40%... My test is in 3 weeks. Is it possible for me to pass the exam with 3 weeks of final review?

    Posted: 05 Oct 2019 12:33 PM PDT

    22 year old hesitant on choosing accounting as a career

    Posted: 05 Oct 2019 09:01 PM PDT

    After taking some time off of school, I'm about to finish my associates degree in Business Administration. I don't know what I want to major in at this point, but everyone I know is pointing me towards accounting. I enjoyed the two required accounting classes I took, and since I'll be getting a two year degree in BA, I'm already half way to a bachelor's in accounting. With that said, I don't know if this is what I want to do. I've done quite a bit of reading on Reddit and other internet forums, and I'm afraid that if I choose accounting, I'm going to be stuck working insane hours for the rest of my life. I don't mind working 40 hours, but I worked a warehouse job for a year working on average of 60 -65 hrs a week and it was brutal. I enjoy my free time, I enjoy being away from the constant anxiety of being at work. How realistic is this? Is it hard to find jobs in accounting that don't require you to work in excess of 40 hours a week? I'm just looking for some honest advice.

    submitted by /u/14thCluelessbird
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    Need Help finding Applicable Code Sections (more details in comments)

    Posted: 05 Oct 2019 08:25 PM PDT

    When should I apply for summer industry internships?

    Posted: 05 Oct 2019 02:19 PM PDT

    For those who've been through the process, is Fall the main time to apply for industry summer internships? Or do some open in the Spring semester? I've been applying over the past few months but I was wondering whether I would get another chance next semester.

    ​

    If possible, could you outline the months you applied and heard back from them? Thanks.

    submitted by /u/onehundreddecibels
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    Looking for job advice

    Posted: 05 Oct 2019 02:07 PM PDT

    Recently passed CPA exams and at a bit of a career crossroad. I need 6 more months of work experience to get licensure though. For the past two ish years I've been working industry.

    Current options are: 1. Take a pay cut to start at large regional firm and start hours sooner than later. 2. Take a job in industry now, and start at B4 with a pay cut in January.

    If those were your options, where would you go and why? Or should I look for a different avenue altogether? The pay cuts to go back to public kind of suck. They've all pretty much disregarded my industry experience and told me I'd be a Staff 1 again.

    submitted by /u/shinobi_gi
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    Need only the highlighted transaction for journal entry, attempted but I am confused :(

    Posted: 05 Oct 2019 08:05 PM PDT
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