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    Accounting Duh, that’s hurtful

    February 05, 2020

    Accounting Duh, that’s hurtful

    Duh, that’s hurtful

    Posted: 05 Feb 2020 10:10 AM PST

    Just run it through chief

    Posted: 05 Feb 2020 03:05 PM PST

    When your nicely formatted workpaper gets heavily edited by your associates

    Posted: 05 Feb 2020 10:52 AM PST

    When the Big 4 HR Manager Notices Your 3.99 GPA

    Posted: 05 Feb 2020 04:22 PM PST

    Good people

    Posted: 05 Feb 2020 01:59 AM PST

    QUIT POSTING JE'S TO RETAINED EARNINGS

    Posted: 05 Feb 2020 12:23 PM PST

    UNLESS IT'S A PARTNER/SH DISTRIBUTION OR CAPITAL CONTRIBUTION, STAY THE FUCK AWAY FROM EQUITY ACCOUNTS OR I WILL CUT YOU

    -- Your friendly neighborhood tax senior

    submitted by /u/JasperJimBob
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    I found that corporate ladder we're supposed to climb!

    Posted: 05 Feb 2020 08:12 AM PST

    My first Accounting meme

    Posted: 05 Feb 2020 12:06 PM PST

    My first Accounting meme

    Two lectures into Principle of Financial accounting learning about Debit and Credit so I made this meme. Professor says he's going to put it on his slides the next class

    ​

    https://preview.redd.it/b4a64uxhw5f41.png?width=1382&format=png&auto=webp&s=7a862ef1a44eb6e32d8f5ee9e1169a5d090ba377

    submitted by /u/URMatterButUDont
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    Awkward....

    Posted: 05 Feb 2020 12:09 PM PST

    Planning to conceive a child soon. Tips?

    Posted: 05 Feb 2020 08:26 PM PST

    Hey all!

    I am a senior in college with hopes of conceiving a child in the next couple of years. I am heading to B4 post-graduation, and I want to ensure that my child has the same luxury. I have heard on this sub that firms are recruiting as early as kindergarten, so I wanted to try and get ahead.

    I was wondering if there is anything I can do to ensure that when my child is conceived, they are on the partner track? I was hoping to get some tips for PCLP (pre-conception leadership program) interviews as well.

    Thanks everyone!

    submitted by /u/EnEyeSeaKayy
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    When flu season and busy season coincide

    Posted: 05 Feb 2020 08:14 PM PST

    Partners don’t want to bother clients?

    Posted: 05 Feb 2020 07:35 PM PST

    Is it just me or do higher ups severly hesitate on reaching out to clients? I feel like if I were the client I would prefer someone have me send in sonthing rather than billing more hours to figure out how to proceed without the pbc.

    submitted by /u/GlumCity
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    If you die while working during busy season, do you go to Valhalla? (Serious)

    Posted: 05 Feb 2020 12:19 PM PST

    Best place in the world to become an accountant

    Posted: 05 Feb 2020 06:45 PM PST

    I am currently in high school in Baton Rouge, and I am getting a full ride to Louisiana State University. I've been looking into moving to San Diego or somewhere in New Zealand after college, but from the research I've done it seems like I'll have to go through school all over again there. I'm wondering if there is a better approach to move there and not have to pay for college, or if there is a better place to go that I am not considering. I really want to go somewhere that is beautiful and environmentally conscious.

    submitted by /u/Baby_Burns
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    Go-to spot for Suits and business clothing?

    Posted: 05 Feb 2020 04:28 PM PST

    Thinking about updating my wardrobe as it's been a couple years and things aren't fitting quite as nicely anymore. What are your favorite stores? Anyone tried any reliable sites for custom fits?

    submitted by /u/NeonPerplexion
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    Pressing F4 in excel after your select a cell in a formula makes it an absolute reference and let’s you cycle through the different types.

    Posted: 05 Feb 2020 11:48 AM PST

    It's a fucking game changer

    submitted by /u/Sneezis
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    Accounts Payable Journal Entry Question

    Posted: 05 Feb 2020 09:24 PM PST

    I am a student seeking some guidance as to how you'd handle this scenario:

    You receive an invoice for $12,000 on 2/10/20 for an annual software subscription. The subscription period is 1/1/20 through 12/31/20, and the invoice is dated 2/1/20. The fiscal period for January has been closed closed.

    Strictly from an AP perspective, how would you record this invoice (would you use 2/1 or 2/10 for invoice date in the account)? Does the fact that the subscription was accrued in January have an effect?

    EDIT: Completely forgot to mention that there are two relevant accounts in the GL: Software Expenses and Prepaid Software. My apologies for failing to mention this.

    submitted by /u/accstudent23
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    I graduate this semester and I'm fucking terrified

    Posted: 05 Feb 2020 03:46 PM PST

    Hey guys,

    This is an odd post, but I'm going to go for it. So, I'll have my BBA in accounting this semester. I intend to go for another year on my masters, while studying for the CPA.

    If things go right. I'll have my CPA license (+ or - the 1 year requirement of training), and an MBA in accounting by Spring 2021.

    That said, This summer, I'm moving up to Seattle with some buddies, and going to stay in a friend's house. I still have a year on my masters, so I'll be doing that in the meantime, but this is a very fast change for me. I am 28, and honestly kind of dicked around most of my twenties. I finally got my shit together, and am happy I'm graduating, but so horrifically terrified I'm going to fuck this up.

    Unrelated, but I also broke up with my boyfriend of 3 years like two weeks ago, and that's making all this so much more difficult. (It's a long story)

    ​

    I'll be taking the exam through Colorado while completing my masters. Seattle is simply much more of the environment I want to be in, but it's very different from Texas, where I lived my entire life. I'm also moving because I'll be in between my bachelors and masters, and in that time, if I'm paying to rent somewhere anyway, I might as well be somewhere I want to eventually end up, that way I'm available for interviews and in the local pool of applicants rather than out of state.

    ​

    Does anyone have any tips they can give me for this transition? Maybe this would have been better on r/advice, but Because I'm going for accounting specifically, I figured I'd ask here instead. By the time I finish my masters, I'll have about 25k in student loans, but ideally be a CPA. (I recognize I'll have to transfer my scores, and likely jump through Washington's hoops, but this is the only way to take it while doing my masters. )

    submitted by /u/Ledgersnlines
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    Is lack of public accounting experience harming my growth?

    Posted: 05 Feb 2020 11:24 AM PST

    I just had an interview this morning and the lady that met with me first, the controller, read my resume and - instead of interviewing me - talked about my lack of public accounting on my resume and how she didn't think I could handle a staff accounting position/lacked experience for the position. Kind of felt like she was suggesting I go that route instead of continuing trying to get into industry.

    I've had an internship previously in industry and currently work in manufacturing doing accounting work (AR/AP/Inventory/Recs/ME Close/GJE/etc) and never really doubted my abilities or skill. It was kind of off putting to be told my current job is essentially a joke and doing me no favors. I am interviewing weekly at different companies. I'm aware of my position and am looking for something that pays more appropriately and allows me to learn and grow more, that's the point of interviewing is it not?

    I was made to feel like my lack of public experience was going to prevent me from finding many, if any, opportunities. Is this true? I'm 2 years post grad in my late 20's and didn't expect to be met with such strong opposition about my experience. I'm not looking to grind my life away in public or Big 4, nor do I even want to be a CPA.

    Have had plenty of interviews and am starting to get worried I'm never the pick because lack of public accounting.

    submitted by /u/150crawfish
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    Every single time

    Posted: 05 Feb 2020 06:35 AM PST

    When Y2K popped up yesterday.

    Posted: 05 Feb 2020 06:16 PM PST

    Yayyy I just got a special gift can't wait to share it with everyone!

    Posted: 05 Feb 2020 02:21 PM PST

    How do you know if accounting is a good choice for you?

    Posted: 05 Feb 2020 08:03 PM PST

    I know this subreddit probably gets a ton of versions of this question but I seriously need advice.

    I'm a 3rd year college student majoring in business with a concentration in accounting and I just recently decided to try switching to MIS but am having second thoughts. When I took my first accounting class I really loved it, it really set a fire in me and I became pretty passionate about it. A few more classes later I was still really into it until I took Accounting Information Systems and the class absolutely destroyed me and discouraged me from going further.

    But now that I've been taking some programming classes I'm starting to have second thoughts. I'm just not enjoying them as much as I thought I would be. I don't really know if I'm making a good decision changing my major or if accounting would have actually been suitable for me.

    I just want to know your perspectives and what traits you see in new hires that make it clear that they'll do well in the field. Or any feelings you felt when you were in college or freshly graduated and pursuing your career, regrets, any advice would help. Thank you!

    submitted by /u/clefae
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