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    Saturday, January 4, 2020

    Accounting Good luck to all my public accounting friends

    Accounting Good luck to all my public accounting friends


    Good luck to all my public accounting friends

    Posted: 04 Jan 2020 05:16 AM PST

    I see no issue here...

    Posted: 04 Jan 2020 01:19 PM PST

    Get drunk tonight!

    Posted: 04 Jan 2020 04:24 PM PST

    Get drunk, go get laid, do whatever substances you need tonight because this is our last weekend fam

    submitted by /u/MikeVick2004
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    Isn’t this comforting

    Posted: 04 Jan 2020 09:18 PM PST

    First week of industry, I don't think I can go back to P.A Have a happy busy season everyone!

    Posted: 04 Jan 2020 03:43 PM PST

    Big 4 got the offer! College Confessions

    Posted: 04 Jan 2020 06:11 PM PST

    I'm starting as Big 4 full-time hire this summer. I just want to give some motivation to people struggling with accounting in college...

    Boys and girls... Keep your head up and keep fighting! One bad grade won't ruin your chances at having a great career and a big company taking you. I'm proof of that. I really struggled in the beginning.

    I had no exposure to accounting before college classes and I had the horrible luck of having bad teachers that just started teaching. One of my teachers was experienced hire with big 4 experience, but didn't know how to teach. Everyone in my class struggled but I REALLY struggled. I ended up withdrawing from that class (W) on my transcript and in a different accounting class with another horrible teacher, I got a D+.... The teacher that I withdrew from, she was moved to the master's program because it was obvious she can't teach fresh meat.

    I felt horrible. Worst part was that I didn't know anyone in the class and I was introverted af back then. So I had bad teachers and no one to help me (and pure hearted enough to not cheat). I didn't even know how to prepare for accounting exams because it's different prep then studying for a gen Ed.

    My struggles continued for long time. My accounting GPA is horrible. Below 3.0. and I also had an internship with big 4 and they didn't give me an offer because it was during the semester that I withdrew and took D+. They didn't cancel my internship, but I didn't get the offer.

    I kept fighting, did a master's program in finance (did well in the master's program), and passed my CPA exams. And managed to get an offer for big 4 starting this summer. I'm just a really late bloomer. And I think there are other kids like me. I didn't do great in undergrad for accounting, but when I saw the material again studying for the CPA, the accounting switch turned on and I managed to understand everything and pass. And since I passed CPA exams, big 4 were willing to overlook my struggles in undergrad.

    Moral of the story is... it's ok to be a late bloomer. Don't tell yourself you're stupid or put yourself down. Big 4 always says they hire the best and everyone feels the pressure. But in all honesty, audit is very simple work. Lot of copy and paste and repeat what they did last year. I know multiple people that work at big 4 that are alcoholics, or enjoy drugs too much, and/or were arrested in the past for some stupid shit. As long as you are smooth talker and can demonstrate you can fit in into the culture, you'll be fine.

    BTW yes, these are drunk confessions. Might delete this later lol

    submitted by /u/credittears
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    Just got my first full time offer!!

    Posted: 04 Jan 2020 07:55 AM PST

    I've been an intern with my company since last May and am finishing undergrad this upcoming May. I'd mentioned to my boss a couple times that I'd love to work there, and just yesterday they finally gave me an offer!! I love my job and I'm so excited to start working full time!

    submitted by /u/ImFrasierFromCheers
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    When you are a gangsta but your real passion is accounting

    Posted: 04 Jan 2020 05:01 PM PST

    Good luck to my fellow students who have exams this january ❤

    Posted: 04 Jan 2020 10:11 AM PST

    Practice v Industry

    Posted: 04 Jan 2020 04:21 PM PST

    I'm currently working in practice and constantly hear that industry is better paid and 'easier' and that you can only make a lot in practice by owning the business.

    For those who've worked in both fields, what is your opinion on both sides of the accounting world?

    submitted by /u/tbarx
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    How is public accounting similar to the Baltimore Ravens?

    Posted: 04 Jan 2020 11:53 AM PST

    Nobody cares work harder!!

    Happy Saturday!!

    submitted by /u/Clutch_Floyd
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    Question about leaving after Senior promotion and resume

    Posted: 04 Jan 2020 04:08 PM PST

    I hear a lot about leaving public accounting right after becoming a Senior.. but how does that work on the resume? Wouldn't it just say like 3 years as an Associate and then maybe 2-3 months as a Senior? That doesn't really seem like the candidate had experience being a Senior. Is this what many people put on their resume regardless?

    submitted by /u/Usernamepicked11112
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    Industry Folks

    Posted: 04 Jan 2020 03:03 PM PST

    Just looking for a show of hands: Where are my fellow industry folks? How are all your closings going?

    submitted by /u/Phantom1130
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    Common review notes for interns?

    Posted: 04 Jan 2020 03:25 PM PST

    Finished my training yesterday and start working on clients Monday. Feel like I know nothing lol (how long does it take for this feeling to end?). I have no clue what to expect so I thought if I knew what not to do, that would be a good start.

    submitted by /u/immafixbulls
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    I feel you friend, I feel you...

    Posted: 04 Jan 2020 12:45 AM PST

    How hard is getting a big4 offer without interning in one?

    Posted: 04 Jan 2020 09:47 PM PST

    I feel like I took a less traveled route through college and I'm not sure if it will hinder me. I graduated last month and am about to begin studying for the CPA exam. I did really well in college (3.96 gpa) and have some decent extracurriculars (played a sport in college and was an Eagle Scout), but I interned at a local city finance department, and I didn't do any real accounting work (they also hired me afterwards part time). Is it possible big 4 firms overlook my experience because of how I did in college? Or is it that pretty much a no go? I'm in a small city right now with no big 4 opportunity but I want to move to NYC within the year. Thanks you all! I'm freaking out

    submitted by /u/mintgoat
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    State Tax Audit Certifications

    Posted: 04 Jan 2020 09:23 PM PST

    What is the most useful cert for state sales tax audit. Looking to eventually move to the IRS or federal. I'm thinking of the CFE but what else is there?

    submitted by /u/missms09
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    Past two jobs have been 6 months and 9. Am I Screwed?

    Posted: 04 Jan 2020 09:19 PM PST

    I am a Junior accounting major who is 28 years old. I have 10 years work experience. 3 years as a warehouse supervisor, 1 as a GM at a well known gym chain, 4 years as a dispatcher.

    I went back to school a couple years ago and have worked at an insurance company for 9 months and quit. Now I am at a fortune 500 company that has nothing to do with accounting. I want to quit so I can pursue school full time and graduate by May2021.

    Will my past two jobs hurt me since they were so short? Would it keep me from getting accounting internship and full time accounting work after graduation?

    submitted by /u/lakers24dog
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    So this is why clients send you scanned spreadsheets and such. /s

    Posted: 04 Jan 2020 03:06 PM PST

    Transaction streams? What exactly are these?

    Posted: 04 Jan 2020 04:55 PM PST

    Not much on Google that relates to accounting with the phrase "transaction streams".

    submitted by /u/hotsaucenuts
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    Advice for a disillusioned staff accountant

    Posted: 04 Jan 2020 12:25 PM PST

    Hello fellow accountants. I'm looking for some advice pertaining to the purchase of a CPA exam study course where I paid for lifetime access. I was very excited to start studying to get my license but since then I have been working myself to death and I have grown to really love my free time after tax season. If I end up deciding not to pursue the license itself, is there anything I can do about the ~$3k CPA course or is that a sunk cost? Looking for some advice in accrual world. Thanks! :)

    submitted by /u/BusyAccountant90
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