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    Accounting From r/funny

    January 07, 2020

    Accounting From r/funny

    From r/funny

    Posted: 07 Jan 2020 02:00 PM PST

    The Wise One

    Posted: 07 Jan 2020 03:44 AM PST

    RIP social life

    Posted: 07 Jan 2020 04:18 AM PST

    Partners reaction when I ask for time off during busy season

    Posted: 07 Jan 2020 07:18 AM PST

    Just a little tad bit late..........

    Posted: 07 Jan 2020 10:15 AM PST

    I just keep automating!

    Posted: 07 Jan 2020 05:26 PM PST

    I work at a construction company as an accounting technician and will be training to be their corporate accountant/accounting manager while I go through my CPA. This year I've really been pushing my excel skills, were growing fast so I'm trying to change the office dynamic so more office employees are unnecessary and current office employees are more efficient and can focus on our growth.

    Currently I've been working on our AR for our two largest seasonal services. Our current software forces us to progress bill about 100 work orders manually about 5 times a year in the summer, and over 300 work orders manually about 5 times a year during the winter. Obviously this takes a lot of time.

    This winter season I was in charge of designing the spreadsheet to record our service data, and output it into a dashboard. These services typically take about 5 to 10 minutes to sort through the dataset and make one invoice. On my dashboard I made it output the price I need to enter, the amount of the service that month, and the dates the service was done all information included on the invoices by clicking a slicer with the work order number you're invoicing. It now takes less than thirty seconds to do an invoice because we dont need to search through the data.

    This is a game changer for these nearly 1600 invoices a year. I've found two bottlenecks: our software opens and closes work orders far to slow for how quickly I can invoice now and recording that a prelim has been made for that invoice to be approved tacks on some more time. Instead of the whole cycle taking about 15 minutes not it takes about 6 minutes, so because I removed the longest bottleneck I now need to work on these. I'm thinking I'm going to find a format that our software can read an outfitted version of my datasets so it can make all the prelims itself. I also think I'll try to set up the software to automatically print each prelim for recording purposes. I think this will take it down to the computer processing and data entry time, reducing it to about one work day compared too about a week and a half.

    Anyways I'm super proud of this and wanted to see what people thought!? Does anyone have any suggestions I could use to reduce my bottlenecks? What have you done to automate tedious tasks at your organization's?

    submitted by /u/Geold_is_joaeh
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    KPMG Lakehouse is now open

    Posted: 07 Jan 2020 01:18 PM PST

    Americans on this subreddit today be like...

    Posted: 07 Jan 2020 06:21 AM PST

    This email was almost straw that broke camels back today.

    Posted: 07 Jan 2020 06:26 PM PST

    Congrats to everyone who passed the CFE!!

    Posted: 07 Jan 2020 07:48 AM PST

    "I'm just so passionate about being a cog in the corporate machine: lady in the streets, freak in the spreadsheets, if you will."

    Posted: 07 Jan 2020 02:56 PM PST

    How it feels being a trainee during quiet months

    Posted: 07 Jan 2020 10:29 AM PST

    Failed the CFE thread

    Posted: 07 Jan 2020 08:10 AM PST

    I don't want to see the threads on everyone celebrating so I made one to wallow in my sorrow.

    submitted by /u/chipsndip77
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    Word on the street is that Deloitte will no longer be promoting to SENIOR without a CPA/JD

    Posted: 07 Jan 2020 07:49 PM PST

    This could fuck some people over who want to do 'senior ---> industry'.

    Heard this from multiple PPMDs.

    submitted by /u/Big4AcctThrowaway
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    [CAN] CFE Results Thread

    Posted: 07 Jan 2020 03:28 AM PST

    It's 3:30am in Vancouver but who needs sleep anyways. 3.5 hours to go. Hang in tight, we are almost there.

    Good luck everyone!

    EDIT: I PASSED!!! Still wasn't entirely sure even after seeing my ID on the list and did a double check with the portal. Kind underwhelming all it says are a bunch of "PASS" tho, but WHO CARES IM DONE!!!

    Congratulations to everyone who passed!! We did it!! We are the legendary 2019 CFE passers!!

    submitted by /u/SuperChubbyKitty
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    What did you guys do following college graduation? How ready were you to fulfill the tasks asked of you on your first day of the job?

    Posted: 07 Jan 2020 07:15 PM PST

    I am graduating in 5 months, and although I have held a job since senior year of high school, it is not Accounting related. I feel ill-equipped to perform the tasks of an Accountant.

    Looking to hear some experiences of others on this sub. Would appreciate it!

    submitted by /u/AccountingjobsOH8
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    CFE results 2019 - Failed

    Posted: 07 Jan 2020 11:49 AM PST

    To all of you who failed, be brave and move on. What we need to do is to rewrite this exam holding no grudges. CFE is a one time deal pass or fail, as you know we humans when put in particular situations can act differently (stress, fear, etc)

    Passing CFE is a must to become a CPA , but it's not our career it's a short term step building a career is a lifetime.
    I failed and i won't give up i must learn something from this experience (mostly rapidity and manage how to write efficiently). I truly believe if we focus on what need to get done and get coaching and proper mindset we will succeed next CFE. Also, failure is a gift to build resilience when you know how to turn it this way. I will certainly do so.

    Day 1: PASS

    Day 2 - 3:
    Level 1 : PASS (i missed 5 AOS in total day 2 - 3)
    Level 2: PASS
    Level 3: PASS (Insurrance)
    Level 4: FAIL (not enough RCs in finance, 5 other competencies PASS)

    I love my job and can't complain about life so i'll gladly take CFE lemons and turn it into a delicious lemon pie for next CFE results in 2020 and party!

    Congrats to all those who passed CFE - a big step to become a CPA but only a stone in dream career goals.

    submitted by /u/dazednconfused247
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    I’ve been at a firm for just 7 months, but another firm reached out to me inviting me interview, would appreciate any thoughts

    Posted: 07 Jan 2020 08:13 PM PST

    Hi everyone. 7 months ago I started a position at a place that does almost exclusively governmental and nonprofit auditing. This is a local place, $5 million in revenue. It's been decent. Pay is a little below industry average and they won't cover CPA materials

    I got a call about a growing firm in my region, multiple locations, and they want me to join their team. I have a year and a half of audit experience so I said I would like to be a senior, and they said they have a senior spot open and love my experience, but since I've exclusively done governmental and nonprofit the transition to senior in for profit audit would be very tough and they would start me off as an experienced associate for the time being

    The details would be: pay about $6k more, CPA materials (Becker covered, Worth $3,500 since other firm won't cover it) and $5k bonus when passing, other firm offers no bonus. There is also more growth opportunity at the firm that reached out to me due to being in a metro, versus the more suburban area I'm in.

    I was not seeking out a job, and I know often recruiters cast a wide net on LinkedIn. But this is a recruiter for the firm and she says they thought I was a great fit. That may be naive but they are interviewing me this week. It would be a bridge burned, but is it worth leaving a place after 7 months, especially if you've realized you don't want to stay in governmental auditing forever?

    submitted by /u/newtaxquestionctc04
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    Failed the CFE? Me too. There is NO STRIKE THIS YEAR

    Posted: 07 Jan 2020 08:14 AM PST

    You still have your three chances to pass and you have experience writing under actual conditions.

    Use today to look into Densmore or Prepformula, to isolate your weaknesses and hit the honour roll next write. (Prepformula starts now with their case writing and webinars)

    2019 was a dumpster fire and TBH, a terrible year to have on my CPA certificate.

    submitted by /u/FigureYourselfOut
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    (CAN) (CFE - CPA) Post Designation Program

    Posted: 07 Jan 2020 09:01 PM PST

    Congrats to all of the successful 2019 CFE writers! I have an overall pass but didnt show dept in FR ( I got saved by MA!!!). I work at a Big 4 firm and noted that if I want my PAL, I'll need to do the Post designation program! I would love some insights from eveyrone on how useful you think this would be ( i dont plan on remaining within public accounting). Also anyone who has done it: how was the program and the exam!? Thanks!!

    submitted by /u/brownboimlt
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    Sent application to a Big 4 but heard nothing back

    Posted: 07 Jan 2020 08:35 PM PST

    ;_; why haven't they replied to me

    what can I do to make myself stand out more to Big 4?

    I have a bit over 2 years in public practice, so figured that would have made me more desirable to employers

    Plz. Advice appreciated

    submitted by /u/drinks_mayonnaise
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    When I Hopefully finish...

    Posted: 07 Jan 2020 05:45 PM PST

    [CAN] CFE Appealing

    Posted: 07 Jan 2020 08:24 PM PST

    Dear past candidates who appealed their CFE results, did you get the results of your appeal on a random day, or, were they all released on a set day?

    For context, CPA has stated all re-marking will be completed by March 27th, 2020 so I am curious if they're going to email on that date or deal with re-marks as they complete them.

    Thank you!

    submitted by /u/Vault-Tec-Accountant
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    I WISH EVERYONE LUCK WITH THEIR CFE RESULTS TODAY!

    Posted: 07 Jan 2020 05:04 AM PST

    I know you'll all so great 😊

    submitted by /u/Geold_is_joaeh
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