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    Sunday, November 24, 2019

    Accounting First week as an Audit Senior

    Accounting First week as an Audit Senior


    First week as an Audit Senior

    Posted: 24 Nov 2019 11:50 AM PST

    Inspired by these comments, what little things do you do to stay amused and/or screw with colleagues?

    Posted: 24 Nov 2019 03:57 PM PST

    Accounting blunder that you never told someone

    Posted: 24 Nov 2019 05:01 AM PST

    Any accounting blunder which actually made a big mess and you kept it to yourself.

    submitted by /u/kingslayer1697
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    People who have been fired...

    Posted: 24 Nov 2019 06:55 PM PST

    What happened and how did you recover?

    submitted by /u/TalesFromIndustry
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    Industry v. Public - Student

    Posted: 24 Nov 2019 02:51 PM PST

    I worked for a small company as an Accounting Clerk. My daily life was taking POS data into QuickBooks, verifying deposits with macros, tracking product losses with a spreadsheet, and inputting bank transfers into QuickBooks. I also tracked manager expenses per store for reimbursement. All of it was paperwork or quickbooks.

    Is this how all accounting jobs go? Paperwork and software? The cycle? Over and over? I need to constantly learn or be exposed to different things. I become bored very easily. This job I had honestly made me gain 10 pounds and I started feeling beyond suicidal which I haven't felt in a while. I hated it. I disliked everything about it.

    My only task I enjoyed was comparing our books to pos data to find my bosses fuck ups (I love finding mistakes because people always try to fuck me up on small shit.) However, if I was told to verify numbers on a sheet 400 times per day I would probably commit suicide or show up to work buzzed if I couldnt listen to music.

    My favorite job was in real estate. I worked with 3 people plus all of the contractors and personnel I had to coordinate to get houses/office units built, leased, or repaired. There was a lot of variety in the work I did. I loved it. In the back of my mind I have this vision and bug to be in real estate that I havent been able to shake for a few years now.

    So, is all accounting work cyclical, boring, and repetitive like the above accounting clerk type work? Or what?

    I'm about to drop out of college and go back for CS (get heavily invested into AI.)

    I would do Marketing just to finish my degree if I didn't do Accounting or CS but idk what to do. I'm not bad at accounting.

    Please help. Thanks. 24 and fucking sick of switching majors.

    submitted by /u/The-Protege
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    CPE for CPAs?

    Posted: 24 Nov 2019 07:11 PM PST

    Hello,

    First time poster, long time listener and reader of Reddit.

    I am a CPA in Pennsylvania working in FP&A/Corporate Development. I still need probably around 30 hours of CPE which I will knock out over my Thanksgiving days off and days of PTO I have in December. I was wondering what is my best method for getting these final hours? To date, I have used Big 4 webcasts and 2.5 days of CPE credits sponsored by local CPA firms.

    Can I use Udemy courses? Have people in PA done this before? If I can use certain Udemy courses, they are having their Black Friday sale this week so I can grab the rest of my hours pretty cheap.

    I was thinking the only other way would be an unlimited CPE pass. I guess the good thing is I can use it to grab my remaining hours for 2019 and then get my max hours for 2020. Anyone have good recommendations on what site to use? I am not looking to spend hundreds of dollars, but I am not sure how reliable some of these knock-off services are.

    Any help would be much appreciated.

    submitted by /u/Pittsburgher23
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    Working in accounting in a Dubai/Middle East?

    Posted: 24 Nov 2019 12:02 PM PST

    Hi - does anybody have any experience working in an accounting role in the Middle East, specifically Dubai. If so - what were the working conditions like ( I imagine pretty long hours) and how was the experience in general?

    Thanks in advance

    submitted by /u/tf12345678910
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    Where can I take accounting online classes to reach the 150 credits for the CPA? I need the credits with in weeks

    Posted: 24 Nov 2019 07:55 PM PST

    3 credits of mine did not get processed. Issues with the school and the professor. I started my job at a public accounting firm. The credits were supposed to process by the end of december and I made them aware of that. Things happened and now I urgently need 3 accounting credits.

    Where can I take 3 accounting credits online and have them within weeks? I'm in New York

    Does anyone know anything about LSU?

    submitted by /u/ump13
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    [Rant]PowerBI is for People Who Can't Use Excel

    Posted: 24 Nov 2019 07:47 PM PST

    If I wanted to fiddle about with data sources and charts, I'd be a web design cunt instead of an accountant. Who the F thought thinks this was a good idea. I need half an hour to do what'd take 30 seconds in Excel and the program itself runs heavier than fucking Aura.

    submitted by /u/KderNacht
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    Which area of accounting is it called?

    Posted: 24 Nov 2019 03:55 PM PST

    Sorry if the title was confusing but I'm interested in the area of accounting where you plan and analyze financial statements and see how the company is doing internally and the steps to take to succeed.

    Is it financial analyst? I'm planning on going the accounting major route because as an accountant major I can do finance jobs and also have the availability to do accounting jobs

    submitted by /u/Erahia01
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    Why do we drink so much?

    Posted: 24 Nov 2019 07:16 PM PST

    Like sometimes the spreadsheets are too much. I'm drunk.

    submitted by /u/2kool4tu
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    Accounting Software in Industry.

    Posted: 24 Nov 2019 12:45 PM PST

    Is it possible to be pigeonholed by the type of accounting software you work with in industry?

    For example, if I spend 7 years at a company that uses Deltek Costpoint and then apply for a manager position at a company that uses NetSuite. Would it be a big deal that I have never touched NetSuite or will they just expect me to pick it up along the way?

    Responses are greatly appreciated!

    submitted by /u/blackFriedman
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    Which one is the right answer, trying to decide between a or d

    Posted: 24 Nov 2019 06:15 PM PST

    Does it make sense for an accounting major to get a masters in business analytics?

    Posted: 24 Nov 2019 06:01 PM PST

    My goal is to get to 150 hours but also learn a relevant skillset.

    submitted by /u/today-is-the-future
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    Is perusing accounting as a career a good choice in this era? And if anyone is from Canada, would you mind sharing the jobs situation over there?

    Posted: 24 Nov 2019 12:51 PM PST

    The speed at which new technologies are invented, what future is there for accountants in the next 2-3 decades?

    I'm asking this because now I'm at a point in life where I've to choose something. Gonna start my university in 2 months.

    Personally, I took accounting in my school and really enjoyed it, and got an A at the end.

    submitted by /u/AntiqueCoconut
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    *HOW TO PAY FOR PC AND RECEIVE NTS ILLINOIS*

    Posted: 24 Nov 2019 09:34 PM PST

    Confused to say the least. I got the letter saying that I was approved for the exam.. but where the hell do i go now? What website do I go to to purchase and get my NTS

    submitted by /u/ryanb91710
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    Looking to Switch out of Social Work... Into Accounting?

    Posted: 24 Nov 2019 10:41 AM PST

    Hi everyone!

    I am graduating next semester with a BSW (Bachelor of Social Work). After working at a handful of social work jobs and doing an internship, I am beginning to realize that this career really isn't something I want to do with my life. I am already burning out and I haven't even gotten a "real" entry level position with my degree yet.. Initially I was really enthusiastic because I have always been empathetic and identified with many social work values. Being able to help disenfranchised people and be there for the underdog at face value seems fulfilling.. But the experiences I have had in this field have been pretty negative. Unsupportive supervisors, not enough resources to provide clients with adequate care, gossipy co-workers, getting cussed out by clients regularly and working in unsafe conditions.. All with very little pay. I am thinking I will make around 35k just out of college, which isn't terrible by any means, but I just don't feel like this career or the money is worth the stress. Social workers have one of the highest rates of substance abuse problems out of any career. It doesn't help that I get easily stressed working with volatile clients and just people in general. Working with people literally all day when you're already an extremely empathetic, introverted, and shy person is very difficult :-(

    I think it is also worth mentioning that I am currently working as a night auditor at a hotel and I really enjoy the administrative aspect of it, even though I realize it is more data input than real accounting.. My sister is a CPA and I am really thinking about getting another degree in this field after I graduate from this program (may as well, i'm already this far) *shrug* I have strong organizational skills and if I can understand the numbers I am working with, I enjoy math. Wasn't my strength in high school or college... I have never been the most academically inclined; but from what I understand this career really only involves basic math skills like adding, subtracting, and dividing. Which is appealing to me seeing as how I am not a calculus genius lol.

    For those of you who are accountants, what is the most rewarding part of your career? Do you make a decent living and how stressed out do you get on a daily basis? Do you work for a large business or a small business and which do you prefer? what was the educational path you took and was school difficult for you? How much of your education were you able to realistically apply to your career? What do you do on a day to day basis?

    I appreciate any advice or input you guys have for me! Thank you!

    submitted by /u/TaylorLemon0505
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    Car Dealership Controller Question

    Posted: 24 Nov 2019 10:21 AM PST

    Is anyone here a controller/accounting manager of a car dealership? I am the (new) controller of a GM franchised dealership and the owners have different views of how to recognize interest credit and advertising credit from GM. I and the COO reserve interest and advertising credits until each individual vehicle is sold then release at end of month. The CEO wants to go to a 90-day average release so it comes out the same every month. I disagree with the average because it does not match earned income with actual sold units. Anyone with more experience have insight to offer?

    submitted by /u/zidanetidus
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    Advice for inquiring about internships

    Posted: 24 Nov 2019 02:46 PM PST

    Hello everyone!

    I will be a senior this coming spring and I feel like I am a little behind on getting accounting experience. I have had a summer internship - it was out of town. I am looking for something more local. I have looked at indeed and there are not many. I have applied to like 3 and have not heard back. I am also looking for a spring or fall internship because I need one during the school year to graduate. Would it be okay to email or reach out to local firms and ask if they have any opportunities? I don't want to cold call but I do not know what else I can do. Any advice will be greatly appreciated.

    submitted by /u/reynita21
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    Companies Similar to Alvarez & Marsal (A&M) for TAS?

    Posted: 24 Nov 2019 08:22 AM PST

    Has anyone worked at a similar firm to Alvarez & Marsal (A&M) that has a similar pay structure:

    Some comparable companies I can think of would be Duff & Phelps and Houlihan Lokey, but I wanted to see if you all knew of any others. I am in a public accounting TAS practice, and, if I continue to enjoy the work itself, then I may consider going into one of these companies after gaining more experience.

    submitted by /u/SammyGotaG
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    Need to Learn

    Posted: 24 Nov 2019 08:09 AM PST

    How should I ask my manager to increase my responsibilities? I really want to learn new processes and functions of the business. I currently do AR, month-end reports, commissions, and sometimes work on pricing. What else should I ask my manager to teach me? Been at the job for 3 years and feel I haven't learned much. Thanks!

    submitted by /u/DonnaShirley
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    Need help finding information to complete a homework assignment :)

    Posted: 24 Nov 2019 06:42 PM PST

    I'm creating a power point presentation based on a hypothetical scenario in which an accounts fudges accrued revenues and deferred expenses to hide a poor fiscal year (and make the company look like it generated more money than it actually did). The question I'm trying to answer is if deferring expenses to the wrong fiscal period (rather than reporting them in the period in which they occurred) was illegal. I think the answer is yes, but I'm not sure what law I should be citing.

    Can I either get help in finding the law or advice on how to search for it? Any help is appreciated, thank you!

    submitted by /u/_AquaFractalyne_
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    Is this Intern experience normal?

    Posted: 24 Nov 2019 01:26 PM PST

    Hey guys, I received no training. Most of the time my team does deveriables I am not assigned anything. Do mostly admin tasks..is this normal for an intern? This isn't big 4 or gov

    submitted by /u/thhhhhhhhq
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