Accounting Accountant nitpicks on news headline |
- Accountant nitpicks on news headline
- Hello reddit, I'm a 69 yo accountant and I feel like this isn't the career for me, should I go for CS?
- 2 biggest fears, busy season and..
- I just can't do it
- Those up for promotion this year, how are you handling it?
- How important is a master’s degree?
- Who here AFK's stuff on runescape while studying for their uni/CPA exams?
- Is that what I look like to you?
- Why is treasury stock normally common stock and not preferred stock?
- Resume Advice
- What's the "best" way to look for and get a job?
- [PUBLIC] When you give me a deadline when I must have a task completed, don’t ask me before then when do I plan to have the task completed by.
- What jobs should I search in indeed for a entry level position?
- Future Planning: Would this be a Mistake?
- Confused with general terminology at work
- Australia Tax - ABN
- Anyone here satisfied with their career?
- Accounting as a major? (About to go to college)
- Deferred Tax Asset account
- Why is the term depletion often used instead of depreciation?
- Hi, hope I have the right place, if not sorry. I need help and I can’t get this stimulus.
- Should changes in working capital net out over time?
- Help me with certification decision. Passed CPA
| Accountant nitpicks on news headline Posted: 02 May 2020 07:36 AM PDT
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| Posted: 02 May 2020 03:51 PM PDT
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| 2 biggest fears, busy season and.. Posted: 02 May 2020 10:09 AM PDT
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| Posted: 02 May 2020 12:58 PM PDT I'm probably just a sissy and really week, but I just cannot bring myself to studying for the CPA... I set up a study schedule, start the readings and give up within 30 minutes. Or I watch an online lecture and can't get through more than 15 minutes of it. I just don't understand why the words being used need to be so unnecessary complicated. I'm a native English speaker, but what the heck are they saying?? Seriously! Reading the text makes my brain hurt.. And if I ever get through a chapter or webinar, once I start doing MCQ related to the chapter I realize I never understood anything after all. I'm not stupid I swear but I feel like a complete moron. How do people do this? It seems nearly impossible! [link] [comments]  | ||
| Those up for promotion this year, how are you handling it? Posted: 02 May 2020 01:25 PM PDT My firm just announced summer promotions/raises are postponed until further notice. This is discounting. I understand it's better to have a job than not, but I'd lying if I said this didn't discourage me. [link] [comments]  | ||
| How important is a master’s degree? Posted: 02 May 2020 07:22 PM PDT So of course the higher level of education the better, but I'm in something of a unique position here. I got out of the Army and I am currently using my GI bill to get my bachelor's degree. I am almost half way done, my major is accounting. My GI bill will completely cover my 4 year degree. I am enlisting into my state's National Guard, and I have the choice of either keeping a second GI bill that would pay 100% for 5 years at any state school, or giving it to my son (2years old). Part of me wants to keep it and use it to get my masters since I will be able to make more money that way which will benefit him, and part of me wants to give it to him and just stick with a bachelors. How much of a difference in income and job opportunity is there between a bachelors and a masters in this field? Would getting a masters degree be better enough over the long run to not give it to my son? I appreciate any answers, I don't really know any accountants and figured this would be a good place to ask. [link] [comments]  | ||
| Who here AFK's stuff on runescape while studying for their uni/CPA exams? Posted: 02 May 2020 01:58 PM PDT No xp wasting, I know a good portion of you guys probably play osrs anyways. Any tips or recommendations? I play on an Ironman (btw) so my choice of AFK for studying usually ends up at sand crabs or something. It isn't that distracting and probably reduces my efficiency in studying by about 20%, not a huge compromise for the enjoyment I get out of those passive xp gains. [link] [comments]  | ||
| Is that what I look like to you? Posted: 02 May 2020 11:02 AM PDT I just wrapped up week 7 of WFH with two littles hot on my heels the majority of the work day. While crunching numbers to appease the budget cut gods, my three year old decided to join the fun. He took a seat in my lap and started slamming his fingers down (typing?) on the desk in front of us while calling out random numbers and shaking his head. So, being an accountant in higher education is kind of stressful right now, how are you all holding up? [link] [comments]  | ||
| Why is treasury stock normally common stock and not preferred stock? Posted: 02 May 2020 08:10 PM PDT Hi there, I read online that treasury stock is normally common stock and not preferred stock, as the reasons for buying back shares are usually satisfied by common stock. Why are the reasons for buying back shares usually satisfied by common stock and not preferred stock? The reasons for buying back shares listed on my textbook are: the reissue shares to employees, to enhance stock market's value, prevent a take-over and increase earnings per share. Why does buying back common stock do this and not preferred stock? [link] [comments]  | ||
| Posted: 02 May 2020 09:25 PM PDT Hey pals! I've recently graduated from college with a Bachelors degree in Accounting but I have no experience in Accounting, and have worked only in retail and restaurant industries but I am trying to get an opportunity. I'm looking for advice or critique on the resume I've attached. *fist bumps [link] [comments]  | ||
| What's the "best" way to look for and get a job? Posted: 02 May 2020 08:47 PM PDT What's the "best" way to look for and get a job? Apply through company sites? Apply through job sites? Recruiters? Post resume on job sites? All of the above and just hope you get something? I have a job right now but am extremely unhappy; I'm willing to take my time and try to find something good. Just curious the best way to go about it from other people's perspectives. On a side note, I tend to get incredibly stressed out just thinking about the prospect of having to learn all new systems and people and everything. Feel like I'm throwing a bulk of my public accounting experience out the window no matter what I do and will feel like an idiot again like I did my first year. I know this is inevitable but it's a big part of the reason why I've been so reluctant to get out of public for the past year or so. [link] [comments]  | ||
| Posted: 02 May 2020 01:06 PM PDT Why do you care? I don't need to be micromanaged. I will have it done by no later than the deadline. I may even decide to have it done sooner. If you need it sooner, ask me. Stop beating around the bush. When you give me a deadline, the deadline needs to be when I must have the task done by, not when the entire file has to be completed and out the door. [link] [comments]  | ||
| What jobs should I search in indeed for a entry level position? Posted: 02 May 2020 05:35 PM PDT I'm doing career research I keep searching entry level accountants in manhattan on indeed and barely anything shows up. So what do straight out of school cpas do after gaining their certification what jobs do they apply to? Do they open up their own firms? [link] [comments]  | ||
| Future Planning: Would this be a Mistake? Posted: 02 May 2020 06:11 PM PDT After long consideration, about two years at this point, I have been considering going back to school to get my Masters. I was thinking about doing my MBA with heavy concentration on Management. The intention to set myself up to take the CMA. Personally, I have no interest in taking or becoming a CPA, but may change my mind in the distant future. -What would be job possibilities once I've gone through this process? -Is this a good idea, or would I be wasting time & money going for a CMA and not a CPA? -Are there any specific schools/ programs to avoid when choosing where to study from; schools/ programs that are great and affordable to look into? (Online only options). Thank you! [link] [comments]  | ||
| Confused with general terminology at work Posted: 02 May 2020 10:10 AM PDT I don't know why I can't wrap my head around this, but I'm a few months into my new position and I'm still failing to understand a lot things. I thought I understood accounting from school, but I guess not. Like I understand all the financial statements and how they work and how they relate to each other. But I still don't know what exactly is a general ledger, a subledger, and a leadsheet is. I get a document and I can see it might have some liability accounts in there, but that somehow gets broken down into atomic parts and I get lost. And then I get asked to test something. I'm still not entirely sure what "testing" is. Is that a general term, and the actual testing itself differs from account to account, or is "testing" a defined procedure that's the same throughout? I don't want to get fired but I can't ask anyone, at this point I'm too afraid to ask my seniors... somebody please help me... [link] [comments]  | ||
| Posted: 02 May 2020 08:10 PM PDT TLDR; Applied for an ABN, I no longer need it due to a change in what I'd like to do with my life, what do I do? Background Working in uni holidays, I applied for work with a mates father (who is a concreter that I'll call Boss) this isn't a qualified trade that pays pretty well. Commencing work with him Boss said he only really paid contractors (wasn't set up to pay through the typical way where he did tax or whatever) so he told me to get an ABN. So I did that and applied for an ABN as a contractor under my own name and over the course of time, I worked with him earnt less than 10g. and have since decided to leave that town due to university studies so ill be unable to work there, with no desire to return. Question As I will not be returning to work there I assume that I'll need to close my ABN but I'm unsure (couldn't find out) if I need to declare anything or pay some tax, I never received any payslips. Thank you - I don't want to get done for tax fraud [link] [comments]  | ||
| Anyone here satisfied with their career? Posted: 02 May 2020 11:22 AM PDT No hate for accounting, but I do see a lot of self-hate on this sub. Yes of course the people who love their jobs aren't likely to come here to rant about their jobs. I'm considering being an accountant and CPA, but it seems like this sub makes accounting a high-stress, busy, dull job (no hate). Although there is availability bias, there is truth to what the people on this sub are saying. I was planning on going to UT (apparently that's #1 in accounting, your thoughts?) and getting a masters in accounting & BBA in 5 years. The only thing holding me back is the threat of automation and possibly a boring/depression job (again, no hate). I'm skeptical whether accounting will still be a thing in 20-30 years. To be fair, I don't know what I want to be and I don't have a passion for anything (yet) so it could all change. I feel like I would enjoy any job and accounting seemed a stable and straightforward path for a career. Otherwise, I would do CS but CS is too competitive and has more ageism. Thank you for any replies. [link] [comments]  | ||
| Accounting as a major? (About to go to college) Posted: 02 May 2020 02:02 PM PDT Hey guys, I'm about to head off to college and I have my eyes set on accounting as my major. The thing is though, I really want to do something in business and accounting seems like a good in, but I don't know if I want to be stuck as an accountant the rest of my life. Is it a realistic goal to go into a company as an accountant for a few years and eventually end up in an executive role or something else managerial? Thanks so much, I just don't see a better alternative other than accounting to break into a company. [link] [comments]  | ||
| Posted: 02 May 2020 12:13 PM PDT Deferred Tax Asset and Deferred Tax Liability account track the timing temporary differences for book and tax income. Do these 2 accounts usually are tracked separately? Or can any items hit these Account. Like, can there be a balance on these 2 accounts simultanously in a Financial Statement? Or If DTA > DTL, then the DTL is reduced to 0 and we would only have a DTA left. Vice versa: If DTL > DTA, then the DTA is 0 and the DTL would have a balance? I would think there always only 1 account, either a DTL or DTA per year, but I'm not quite sure. Thank you. [link] [comments]  | ||
| Why is the term depletion often used instead of depreciation? Posted: 02 May 2020 10:33 PM PDT | ||
| Hi, hope I have the right place, if not sorry. I need help and I can’t get this stimulus. Posted: 02 May 2020 10:29 PM PDT I'm a non filer and have never filed taxes before as I've never made money necessary to do so. I'm 25 and I honestly don't even know if I'm able to get the stimulus. When I go to the freefilefillableforms site and log in. It wants me to fill out a 1040. But if I'm a non filer I don't have any reason to. Nor do I even know where to begin filling one out. If anyone could help me out with this stuff it would be super appreciated :(. Thanks. [link] [comments]  | ||
| Should changes in working capital net out over time? Posted: 02 May 2020 10:26 PM PDT Hi all, Should changes in working capital be roughly $0 over longer timelines. Why or why not? what kinds of businesses provide a consistent working capital benefit? Is this what the idea of EBITDA is predicated on? Put another way, on the cash flow statement if you were to addback all non-cash items to net income, would this figure, over time, roughly equal cffo over time? Thank you very much. [link] [comments]  | ||
| Help me with certification decision. Passed CPA Posted: 02 May 2020 07:34 AM PDT Hey all accounting gods!!! I need some help determining what certifications will enhance my career the most at 49 years old. First a little background . Graduated college in 1995 in accounting. Family owned a Ford dealership so I never got my CPA. Worked there for 25 years, eventually ran the whole thing. We sold our dealership to a large dealership group. Part of the sale was a four year employment contract with the dealership group for very good money in our area. About 1 year in, I decided I had enough of the car business. I hate the fact that everybody thinks we are crooked (not true), and the fact that the owners are never at work but work us 60 hours a week and unleash hell if we don't hit our numbers. I decided to study for the CPA exam, to give myself options. After 25 years out of college, I retaught myself everything involved in the CPA exam and passed all 4 parts first time, while working 60 hours a week at a car dealership as finance manager. I got my license due to my business experience, which my CPA from my car dealership owner days signed off on. I currently have 1.5 years left on my employment contract. I take one day off a week, and some nights , to go into a local CPA firm and do mainly tax returns. I've done mostly personal, but have been walked through a few corporate closings, year end adjustments, fill out tax return situations . I "in no way" feel proficient yet. The firm I'm working part time with says I'm learning fast and will have a position open when my current contract is up. The only reason I'm riding out this job is the money, as an entry position at the CPA firm will pay less. It is brutal, and I'm counting down the months. In the meantime, and here is the meat of this, I was wondering if I should get other certifications. I'm looking at CIA, CISA, and CISSP. My wife is a director at a hospital and says some of their accountants and CPA's have these certs. I've never even looked into them. I plan on staying in Public for maybe a year or two once my contract is up, but I want to make real money as soon as possible, so I'll probably jump into industry or government . My wife, as a director at a hospital may be able to open a few doors for me. So I guess my question is, which of those mentioned certifications would benefit me the most? I probably have time to tackle one in the next 12 months. Many thanks accounting gods of Reddit!!!! [link] [comments]  |
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