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    Monday, February 24, 2020

    Accounting I know I’ll have questions as an intern but I can’t help but feel bad sometimes

    Accounting I know I’ll have questions as an intern but I can’t help but feel bad sometimes


    I know I’ll have questions as an intern but I can’t help but feel bad sometimes

    Posted: 24 Feb 2020 10:04 AM PST

    Shamelessly stolen from r/memes

    Posted: 24 Feb 2020 06:31 PM PST

    When you spot a subtle mistake in a PBC document that you know will take you hours to deal with... so you move right along.

    Posted: 24 Feb 2020 03:44 PM PST

    I would pay a lot of money to read those diaries.

    Posted: 24 Feb 2020 02:58 PM PST

    Me IRL

    Posted: 24 Feb 2020 04:26 PM PST

    4 up 4 down! I’m going to be a CPA!

    Posted: 24 Feb 2020 07:33 PM PST

    Get fucking dunked on, NASBA

    submitted by /u/Blonsworth
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    When you've passed 3 sections of the CPA exam but your dumbass left FAR for last

    Posted: 24 Feb 2020 07:40 PM PST

    nobody

    Posted: 24 Feb 2020 08:43 PM PST

    I Passed My Last CPA Exam :)

    Posted: 24 Feb 2020 08:43 PM PST

    11 months later and I'm all done! Never thought I would make it this far.

    Just wanted to share. Happy busy season everyone.

    submitted by /u/areallygoodsandwhich
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    Just put in my 2 week notice.

    Posted: 24 Feb 2020 06:19 AM PST

    Leaving public for the federal government. To all my brothers and sisters that are still crushing it in public, y'all are awesome and I wish you the best of luck.

    submitted by /u/mmmkoolaide
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    Insulting Raises in Private Accounting

    Posted: 24 Feb 2020 03:09 PM PST

    Got to love working in industry. Got a 2.5% raise after a brilliant review and an "exceeds exceptions" rating. Mind you, this is a F500 company!

    Just wanted to rant a little. Hope ya'll get better raises this year!

    submitted by /u/eman12771
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    I apologize to you all....

    Posted: 24 Feb 2020 06:34 PM PST

    For thinking privately that you were all pussies for bitching and whining about busy season in public.

    It seems I am one of you and mere mortal like the rest of you bean counting cpas.

    submitted by /u/dontmakemedebityou
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    That dance with the devil

    Posted: 24 Feb 2020 12:50 PM PST

    Ah I get it, climbing up the accounting career ladder gets me to a solid wall. Gotchu.

    Posted: 24 Feb 2020 12:28 AM PST

    However did this, I hope you're burning in hell

    Posted: 24 Feb 2020 11:00 AM PST

    Feb. 25 Score Release

    Posted: 24 Feb 2020 03:10 PM PST

    Anyone so nervous they feel like they're going to vomit? Support group right here. I await my REG score...

    submitted by /u/cstatbear19
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    Me when my friends who only applied to Big4 complain about long hours

    Posted: 24 Feb 2020 03:37 PM PST

    A poem to my favourite sub, from a long-time lurker. <3

    Posted: 24 Feb 2020 02:45 PM PST

    I thought I'd be professional, sophisticated me.

    I'd wear nice clothes and put to use that fancy framed degree.

    I thought I'd be respectable, wise, and eloquent;

    Discussing with well-mannered peers, important documents.

    I thought I'd be more in control of timesheets and my dreams.

    Can't reconcile those with Excel, much like this PBC.

    I thought I'd leave this cubicle; it seems I'm out of luck.

    I sigh and whisper once again, my mantra, "What the fuck?"

    submitted by /u/wordstothewind
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    Pro tip #12: If you're on an engagement for a short amount of time, work as slowly as you can get away with and take the easiest work you can get away with.

    Posted: 24 Feb 2020 03:48 PM PST

    There's not much the team can do to you if you're sodding off in a week. Sandbag like Noah waiting for a flood. The less work you do, the less that can go wrong, the less they can chase you up about several months later when they're trying to sign off and there are issues with your workpapers.

    Also, yeah I know, I said I'd post daily. I guess just like those unrealistic sign off deadlines, I too was full of shit. Deal with it.

    submitted by /u/TupacTuvok
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    Petition to start calling Follow-Ups “FUs”

    Posted: 24 Feb 2020 07:27 AM PST

    [Advice] I don't want to become a CPA. How do I answer this inevitable question in my current job and future jobs?

    Posted: 24 Feb 2020 08:55 PM PST

    My first post on this sub! Before I begin, I must clarify that I don't think there's anything wrong with getting your CPA and I understand it's the golden standard for accounting these days. I commend everyone who works incredibly hard to achieve this goal and has a great career because of it. I understand there's a nice pay difference when a place hires someone with a CPA vs. without. Etc, etc, etc about why getting your CPA is a great idea and benefits you in many ways.

    With that said, I'm not personally interested in getting my CPA. I graduated college 2 years ago and have my bachelors in accounting. I chose accounting because I knew I wanted to do a business degree but didn't know what major so I just chose accounting. After awhile in the major, I was far enough along that I just thought might as well finish it instead of switch majors a bunch of times and possibly waste time / money. I luckily was hired by a small private manufacturing company right off the bat and have worked there almost 2 years at this point as the *only* Staff Accountant (they have a very small accounting team). My bosses have subtly teased the idea of Senior Accountant when I hit my second year but nothing is set in stone. They have not said that having a CPA is required, but they have really recommended that I get my license. I'm flattered because I believe they are just looking out for my best interests from their perspective. However this does not change my mind overall about ceasing to work towards earning a CPA license specifically.

    I'm not interested in obtaining my CPA for various reasons. I don't think I have enough units as it is to even sit for the exam. I don't wish to work at one of the Big Four. I don't wish to become an auditor, do tax, etc. as most students and graduates wish to do. Nor do I want to go back to school for my masters. And yes, there is some laziness involved. I'm just not passionate about accounting in the way that I would want my CPA and to become a controller or CFO or anything of the sort. I chose to do accounting because I didn't know what I wanted to really do (who does in high school), I never switched majors in college, and because I knew it typically came with a good, stable job and typically makes good money. Bottom line, I'm open to other careers in business or elsewhere that may prove more interesting to me, and I don't necessarily want to do accounting forever. So I've made the choice of not pursuing a CPA or Masters in accounting. I'm okay with what I'm doing now with staff accounting and obviously want to make more money as my career progresses into whatever it is that I end up doing.

    I understand the disadvantages of this. A bachelors is so common these days, and all employers want something to make you stand out (CPA, masters, etc.). Not to mention how much more you could make having a CPA license.

    My question is how to answer the question "Are you going for your CPA?" when asked by my employer or any other future interviewer?

    For now, I've always just humored the idea back to the person asking as to not come off as a lazy person (which I partly am). I want to still have a solid answer as a motivated worker but I'm simply not interested in obtaining my CPA license. I've found that there's plenty of opportunities for Accountants and Senior Accountants that don't require you having your license. And I do like the (what I imagine is) more quiet and less stressful private accounting sector as opposed to public accounting. I'm just stumped on how to answer this question professionally which won't totally deter all employers.

    Any advice on this would be greatly appreciated and I hope I didn't offend the entire accounting community by not wanting to become a CPA lol. Thank you for taking the time to read!

    submitted by /u/bigbaronboi
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    Quitting Public Accounting

    Posted: 24 Feb 2020 08:47 PM PST

    This has been the worst mental health experience I've ever had. I started a little over a year ago, right at the beginning of busy season. I was immediately put on sections reserved for "advanced" employees. I did well, but spent my first 2 engagements with quite a toxic team. The in-charge left in the middle of busy season and another associate got fired immediately after. I was tasked with cleaning up their mess with no guidance whatsoever. I've had to travel half of the past year. Lost my girlfriend due to not having enough time to spend together. Have since had multiple in-charges not live up to their status and leave in the middle of engagements. Was working overtime during holiday season due to lack of bandwidth at the firm. We hired a new manager in October. She did no work, worked from home for a few weeks, and set us up in the worst way for busy season. She left a couple weeks ago, didn't get out requests in time or in full, didn't properly review work done at interim, and didn't even communicate what she was behind on since she left. Lucky me had her for all 3 engagements to start busy season. So now I have no in-charge, more work to do, and have to make up for everything that hadn't been taken care of previously. I also specialized in a couple things last year to be a better resource to the team. Little did I know, I'd be put on huge projects with new clients in the middle of busy season for each while already working overtime on other clients. If any of you are okay with this kind of work, you're either content being alone, or nuts. This experience isn't worth any kind of future. I've questioned my own sanity numerous times and have to get out. I don't know why I came here, but thanks for listening to my ted talk.

    submitted by /u/subcriminalmessages
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    Big 4 Internships

    Posted: 24 Feb 2020 09:54 PM PST

    I'm currently a sophomore in college. I'm looking to do an internship this upcoming summer. Did events like Meet the Firms help you land an interview? How was the interview for you? Did they ask specifically about the position or did they just try to get to know you as a person? Did any of you guys actually felt like you knew little to nothing when you started the internship?

    I don't feel ready, but I know if I am trained/taught well to do something I'll get it down quickly. I really want to start an internship soon. I'm interested in tax. I'm currently doing the VITA program. Any advice?

    submitted by /u/xspillthetea
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    Is accounting a good career for someone who doesn’t know what they want to do? Is it likely to be redundant in the future?

    Posted: 24 Feb 2020 09:14 PM PST

    Currently starting year two of a bachelor of science... but employment prospects look pretty miserable and i'm someone who likes to be very stable and planned out.

    I'm not sure if i'm interested in science anymore and have genuinely no idea what i want to do.

    My dad said accounting might be good because i was really good at maths in HS (lol not a very good reason but got me thinking)

    Is it a decent career? I'm in perth, australia, if that helps. Is it likely to be "replaced" by robots in the future? Would you recommend?

    Basically have no idea what i'm gonna do but any advice is appreciated.

    submitted by /u/braindeadbiscuits
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