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    Accounting Negotiations

    January 29, 2020

    Accounting Negotiations

    Negotiations

    Posted: 29 Jan 2020 10:27 AM PST

    Fuck you and your Goddamned “Industry doesn’t work hard memes”

    Posted: 29 Jan 2020 08:18 PM PST

    Listen up you smug-ass, Deloitte-partner actin', ASC-droppin' obnoxious mother fuckers - I am sick and tired of all y'all acting like folks in Industry don't work. I work my fucking ass off. I have to deal with stupid-ass A1's asking me the same goddamned questions every year because your predecessor didn't fucking document anything in PY. Oh, and you don't understand why my supporting schedule doesn't tie to the earnings release? It's because you deleted the reconciliation that I carefully crafted, meticulously documented, delightfully footnoted - but you decided to bulldoze over it with your stupid fucking red tickmarks, hoping that everything can be marked "SALY" so you don't have to rub two brain cells together and conjugate an original fucking sentence.

    Oh, and the financial models that you're dissecting? The ones that you're trying to recalculate and test using a basic-ass VLOOKUP to obtain "reasonable assurance?" Good luck. You just assumed that I pulled all this shit from Google, I copy-pasted it just like you do for all of your shitty fucking memos. No bitch - I built that whole fucking thing from scratch.

    And I need you to under-fucking-stand another thing - I bend over backwards to make your job as easy as I possibly can because I know that being in public accounting sucks fat donkey cock. I did my time in public, and I know you're doing yours now - just give me some fucking credit and quit acting like you're smarter than me.

    TL;DR Read my rant you fucker.

    submitted by /u/DebitBard
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    Loving that work life balance

    Posted: 29 Jan 2020 03:22 AM PST

    We hired someone who was 23 minutes late to his job interview...

    Posted: 29 Jan 2020 11:49 AM PST

    ... he's one of the most tardy people on our team.

    We hired someone without a college degree - his lack of knowledge is crippling.

    We hired a single mom with three kids - she is absent and distracted from her work.

    We hired someone who had been incarcerated for a nonviolent offense - he's stolen over $30,000 from the company

    We hired someone 55+ with zero healthcare experience - she has been caught asleep at her desk multiple times, but at least we didn't get sued for age discrimination.

    Can we please follow "rules" as to what makes a good employee?

    It's usually the people that are underestimated that will under perform.

    Think about doing something smart.

    And give the most qualified candidate a chance to shine.

    submitted by /u/ninjaspartan76
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    Big Difference .

    Posted: 29 Jan 2020 12:41 PM PST

    Had to stop working for a night to celebrate �� (nobody tell my manager please)

    Posted: 29 Jan 2020 07:20 PM PST

    The life of an Accountant.

    Posted: 29 Jan 2020 08:08 PM PST

    Just got put into the shittiest client + team in our office

    Posted: 29 Jan 2020 03:58 PM PST

    Auditors every January:

    Posted: 29 Jan 2020 09:37 PM PST

    [CAN] Is 1.5 years in public accounting too short?

    Posted: 29 Jan 2020 03:58 PM PST

    Currently working at a midsize public accounting firm in Canada (GTA), just over a year. Just passed the CFE but still working on PERT hours to get full designation.

    Long story short, I'd like to make it through one more busy season (ours goes from January to June, I've been through one already as a junior) and then start looking for an industry job in the summer as I don't want to leave in the middle of busy season next year (feel like that would be burning bridges with my bosses).

    This is for a few reasons (obviously work-life balance being one of them) but also thought I should move laterally now into an entry-level / junior / staff position in industry earlier on so I can accumulate experience from there. I originally thought I wanted to make it to at least senior (currently intermediate level) but I've always been 100% sure I'm not staying in public forever.

    I'm concerned that 1.5 years of public isn't going to help me land any jobs at all, especially since I'm not B4. Not sure if the short length would concern future employers about my ability to hold down a job either.

    Does anyone have any advice on this? Should I stick it out for a bit longer than that or is it wise to get out now and start building industry experience? What kind of jobs should I be expecting during my search?

    Thanks so much, I appreciate it. :)

    submitted by /u/Croissant-Party
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    Sent from iPhone

    Posted: 29 Jan 2020 12:10 AM PST

    Recruiting: “Stay till partner!” Partner: “if do stay till partner...”

    Posted: 29 Jan 2020 08:11 PM PST

    Just get my diploma! I’m an official accountant now.

    Posted: 29 Jan 2020 08:08 PM PST

    Today I get my accounting major degree. 👩🏻‍🎓 I'm really happy and I was willing to share my happiness with you! 🙌🏻 For all of those who are studying keep working hard, and never give up. It worth the effort! ❤️ Now, let's hit the CPA.

    submitted by /u/MFrauca29
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    Is industry a slower pace than public?

    Posted: 29 Jan 2020 12:52 PM PST

    Currently in an audit internship. I feel literally braindead compared to the speed of my coworkers. I feel like im wasting peoples time in skype calls and such lol. Have a feeling I won't get an offer, and honestly right now that seems like a blessing. Im getting too stressed out over a fucking internship...

    Is industry a bit more forgiving for a slower learner? I just feel so lost and essentially feel like im expected to know so much yet i dont know shit.

    submitted by /u/Used_Fleshlight
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    Can anyone outside of accounting use Excel properly?

    Posted: 29 Jan 2020 05:41 PM PST

    I should note I have my Masters of Accountancy, 2 years of work experience (with the same company).

    I'm still trying to decide if I want to get my CPA, I'll have to change companies as my current job is a medium sized private company with no CPA.

    I'm constantly dealing with people who can't use a table in Excel properly. Or they can't tell when it's filtered or how to unfilter it.

    They constantly tell me my spreadsheets are "broken" and "not working" but don't tell me what isn't working.

    Am I wrong in thinking that using tables is basic Excel knowledge?

    And is this industry standard or do I just work with those who refuse to learn how to use tools?

    submitted by /u/poultrey_wolf
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    Advisory vs Audit please help

    Posted: 29 Jan 2020 09:12 PM PST

    I just attended a career fair at my university and hit it off with a very large middle market firm, I received an interview essentially that day I just needed to apply online so they could have my name on the list. I spoke with both advisory and audit, and they both seemed like interesting paths to take. I have no prior internship experience so I really don't know which I would rather go for.

    The firm came out and did a workshop today, fortunately, and I spoke to the recruiter and they said that this happens sometimes when two different areas both really like a candidate. She told me to let her know tomorrow about which I would rather intern in so she could set me up an interview with the right person.

    So what are the pros/cons of working in advisory or audit?

    submitted by /u/accounting-help-pls
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    Switching B4 Firms to make senior.

    Posted: 29 Jan 2020 08:48 PM PST

    Current A2 in Assurance at PwC. Thinking of switching firms this summer(another B4 preferably) in order to make Senior so I don't have to spend another year at the Associate level, how likely/common of a path is this?

    submitted by /u/lasttigger
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    How is ASC 606 even remotely realistic?

    Posted: 29 Jan 2020 06:17 PM PST

    Not trying to start a flame war, but my company is having a hard time with ASC 606 as is the private equity group that owns us...

    We're a SaaS company that doesn't bill for onboarding, but were required to reclass some of our sub revenue to onboarding... even though we don't bill for it nor would attract customers if we imposed a fee (would have quite the opposite effect)...

    Makes me wonder if accounting is starting (or continuing) to grasp reality.

    submitted by /u/BudgetShaman
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    As an accounting major can you work in any fields other than accounting/finance?

    Posted: 29 Jan 2020 08:15 PM PST

    What exit opportunities would being in Advisory have?

    Posted: 29 Jan 2020 07:50 PM PST

    Would being a controller not be one?

    submitted by /u/AccountingRookie3
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    If I decide to go though a career change into Accounting, which of these options would be best? A 2nd Bachelors in Accounting or a Master of Science in Accountancy?

    Posted: 29 Jan 2020 05:26 PM PST

    Hi everyone, I'm hoping to get some advice about my current situation. I apologize beforehand if my post seems all over the place. It's been hard lately to put into words how I'm feeling.

    To give a little background, I (25 y/o male) graduated with a Bachelor's in Business Administration (concentration in Business Analytics) in Fall 2018. I decided to concentrate in Business Analytics after enjoying a Database Management Systems class involving SQL and after hearing how there will be ton of demand in the Data Analytics field. For about 1.5 years now, I've been working as a Data Analyst in a healthcare company. Throughout that entire time I've been pretty unhappy with what I do and its left me regretting my career choice. There are some parts of my job I do like. I enjoy retrieving/analyzing the data from our database, and creating standardized reports using Excel/PowerPoint for our external clients or other departments within my company... but I'm not sure if I enjoy the more creative tasks I've been given or whenever I have to give presentations over the phone or in person. I think I enjoy routine work more than anything. I also do enjoy talking to people but as an Introvert I do feel drained weekly at my current job.

    As a Data Analyst I'm also unsure about the next step in my career path. It doesn't seem as linear as it does in Accounting. I think it also stresses me out how I need to learn and become proficient in multiple tools/skills (Python, Tableau just to name a few), and keep up with any other tech skills that become the next big thing in the next few years.

    I've been told maybe I should have concentrated in Accounting since I'm very detail-oriented, organized, and like following set rules/procedures. I know this doesn't necessarily mean I would be happy in Accounting. I'm still researching if this is the right career path I want to step into and I don't plan on making any major decision for another year. I do plan on taking some free Intro to Accounting courses online(edX) and contacting some friends of mine who went into Accounting to get some insight if I would love the field.

    Now assuming I do decide to jump into Accounting, would a 2nd Bachelors in Accounting or a Master of Science in Accountancy be best for me? Would I even be able to keep up with the Masters program if I didn't go beyond Intro Accounting courses?

    I did some research and found out that Auburn has a Bachelor of Science (BSBA) - Accountancy online program specifically "for second degree seeking candidates who decide after working a number of years to change career paths into accounting or would like to complete the educational requirements for the CPA Exam". It's also AACSB-accredited. And the program can be completed in 5 semesters (30 hours) since I already meet the business foundation prerequisites.

    I did graduate with about $25k in student debt and it appears this program would be $24k. So that's another thing I need to strongly consider if I decide on this program.

    Would appreciate all the feedback and insight I can get. Thank you all!

    submitted by /u/slimjoe17
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    Working 9am to 11pm, 2 hours commute round trip, how people exercise with similar situation during busy season? I need tips

    Posted: 29 Jan 2020 07:31 PM PST

    Title says it all, I need tips to exercise during busy season

    submitted by /u/Simabby
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