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    Monday, May 4, 2020

    Accounting I'll find a job soon, right?

    Accounting I'll find a job soon, right?


    I'll find a job soon, right?

    Posted: 04 May 2020 06:07 PM PDT

    Accounting majors at Meet the Firms when they get approached by non-Big 4 firms that offer good work-life balance and a friendly work environment.

    Posted: 04 May 2020 08:31 AM PDT

    Only accounting peeps can relate!

    Posted: 04 May 2020 09:43 AM PDT

    One day, you'll be the senior. Pay attention younglings.

    Posted: 04 May 2020 05:34 AM PDT

    Please don't make me..

    Posted: 04 May 2020 05:12 PM PDT

    Please don't make me..

    https://preview.redd.it/20u89smp8uw41.png?width=483&format=png&auto=webp&s=0eb5fb124c23dc0c6e95ca22263de9640d60847f

    There's talks of offices reopening in my city and i'm just not ready to go back. WFH has brought about so much freedom for me, not to mention I don't have to sit under piercing fluorescent lights all day or having the constant struggle of making awkward small talk with people/partners I just don't care for.

    submitted by /u/m10eko
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    For Recent Grads - It'll Be Ok - Lessons From An Oldie

    Posted: 04 May 2020 08:24 PM PDT

    TLDR - For recent grads, it'll be okay but it may suck for a while.


    I graduated with my undergraduate in May 2009, at the end of the financial meltdown. Offers were rescinded, interviews were cancelled, and the path to an accounting career looked grim.

    I went from graduating at the top of my class with a job offer in hand to...loading shipping trailers with high school drop-outs.

    It sucked but it turned out okay.

    Things started opening back up and people started hiring again. It was slow, and I really had to network by putting my name out there.

    Eventually, I got into accounting and felt like I was 'behind on my career goals' because the timeline was delayed by a year or two. As a result, I worked extra hard because I knew that losing a job sucked ass.

    I kept this work ethic and rotated into IT as a CPA. It's a pretty safe job as not too many people wear both hats (finance & IT).

    Anyways, take some advice from an 'oldie'...things will be okay.

    submitted by /u/MNCPA
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    My thoughts so far as a "young promising accountant/auditor"

    Posted: 04 May 2020 01:42 PM PDT

    I know my opinion is irrelevant. I'm just bored, wanted to share my thoughts. Not looking for pity either, I'm a full grown 26 year old man.

    I started working accounting at 18, I graduated HS at 17. Until 19 I had an accounting clerk position. I don't remember if I jumped Big 4 when I was 19 or 20, but I left at 24. At 24 got into internal audit but almost my entire department got laid off, including myself. As soon as I turned 25 I got a job in my biggest Big 4 client. Got a "senior" position, in practice I am someone else's assistant. They give me chances to lead projects. Was a senior for 3 years, had staff older than me, the experience was tough. I was constantly being questioned just for being younger.

    Anyways, money and hours are good, I can't complain. If I could, I'd work here for many years. My colleagues are nice people, despite me being an asshole. I always get good reviews too, it's not like accounting isn't for me.

    I somewhat hate my career. My dad brainwashed me as a kid to get into accounting because most of my male relatives are Big 4 auditors. Two are highly likely to make it to partner. I'm the black sheep.

    Anyways, my biggest obstacle has been my mental health, which is indirectly related to stress from our profession. Got severe depression, BPD, drug addiction, alcoholism, APD, ADD, I get psychotic when I'm too stressed, I've been hospitalized in a psychiatric hospital before, been to rehab, have attempted suicide. This is my biggest obstacle in life. Where I live mental health is still stigmatized, specially if you're a man like me. "Just get over it". "It isn't real". I've learned not to disclose too much information, I just say I have insomnia when I'm feeling very bad and suicidal. I've had big troubles at work for disclosing my mental health issues, excluding the alcoholism/SUD part. People just hate working with a loony. I cry a lot, hate admitting it.

    My dream is to keep writing in my native tongue and write something important and lasting. And to get a second career, like psychology, and actually help patients like me. Now, I learned to hate public, specially Big 4. It's just a machine. Even partners are slaves. I love music, that's my hobby, I play many instruments, compose and record my own music. It keeps me somewhat sane.

    My only regret is leaving public because my mental health was too fucked up to stay in public. I got to the point where I couldn't wake up, iron a shirt and dress in the morning. I'm constantly told I'm smart and gifted, which is hard to believe, I don't buy it. Maybe it's my low self esteem. Because of my BPD I got a strong fear of abandonment and rejection, specially from my employers and because I've been laid off before.

    My advice to any accountant, don't do it for the money, do it if you genuinely love it. Otherwise you're stuck in a cold profession.

    submitted by /u/labradf0rd
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    Can somebody please reassure me that I’m not the only one being extremely inefficient right now and having trouble meeting expectations

    Posted: 04 May 2020 06:57 AM PDT

    We are back on billable hours minimums and I'm hitting them fine but I just find it so hard to be productive and efficient with those hours. I hate feeling like I have to chose between either meeting billable goals or maintaining a level of efficiency. Yeah I know this is a problem we accountants face year round but the drag of working from home just makes it so much harder I think.

    submitted by /u/GendrysHammer69
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    Just finished up my bachelors degree in accounting and I think I am hoping for a little reassurance that I am not alone in my feelings..

    Posted: 04 May 2020 12:52 PM PDT

    I just finished my degree last week. I had been going to school, full-time, online only for the past nearly four years and it just feels overwhelmingly relieving to be finished. However, I don't know how I am feeling about my education, or my career choice, or my lack of career path. Earning my degree was difficult, and I think that going to school online presents it's own set of difficulties in the unique way that it is structured. You must be incredibly self-motivated. You must be willing to practically teach yourself and go out of your way to find the answers to any questions you may have on your own, as the professors are often very little to no help. You must have mental endurance, as it is literally non-stop with no vacations or summer breaks, its just a couple of 8 week courses ending on Sunday and a couple more starting on Monday. And because they are 8 week courses, it is a ton of information in a very small amount of time, and the time spent on each concept is short before you must move on. And by the time you reach higher level accounting courses, it may have been many many terms since the previous accounting classes of other useless information that was also just fast and jam packed. It felt like for many of these classes, the information was just in one ear and out the other. And maybe this is how it feels to be present in class as well, I have no idea as I never had that experience. Or maybe I just wasn't grasping the concepts in the way that I should have been? But I feel like I have ended my bachelors degree and I know almost nothing about accounting. It's bizarre. I do think that it is worth noting that I graduated with a 3.7 GPA, and that honestly could have been a 4 except that for an 8 month period I caught Senioritis and I got a line of B's that I just did not give a flip about. So I did well in each class as I was doing the work, even when it was a struggle. But I feel like a fake. I feel like I literally somehow faked my way through my degree, and now I am very unqualified to enter a career in accounting. Are employers going to expect me to know what I am doing? And what jobs do I even go for? I currently have a job in bookkeeping, as it was a good opportunity and it seemed like a good transition from waitressing to accounting while I was finishing my degree. And I am learning relevant stuff like QB, AR, AP and payroll. I do everything for this little business. But then what? Anyone else feel this way and go on to be very successful? Or did I make a massive mistake in my career choice?

    submitted by /u/DoctrDonna
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    Should I learn any programming languages as an accounting student? If yes, which?

    Posted: 04 May 2020 08:06 PM PDT

    I'm very interesting on learning programing, and I was wondering if it's worth it for me as an accounting major (I might double major in Accounting/MIS). So, do you think it is a good idea to learn languages like python or VBA? What would be the benefits of doing so? And which programming would you recommend?

    submitted by /u/Lord_Snow179
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    Moss Adams & Baker Tilly Promotion Structure

    Posted: 04 May 2020 08:05 PM PDT

    I have a tax internship with Moss Adams & Baker Tilly both seem like they would a good fit for me. From looking on Linkedin I have seen some people that work at both firms for like 4-5 years and are still Tax Seniors are they just low performers, or is the manager track like 6-7 years at these firms?

    submitted by /u/HickoryDickory666
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    Start a firm/side hustle

    Posted: 04 May 2020 01:23 PM PDT

    Hi all,

    Anyone else fed-up/tired of working for a company and feeling ambitious enough to start your own practice? I know during quarantine it has got me thinking about starting my own accounting/advisory practice. Anyone in the New Jersey area want to team up?

    submitted by /u/Danny12490
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    Resume Advice?

    Posted: 04 May 2020 09:27 AM PDT

    EY annual raise in GBS?

    Posted: 04 May 2020 07:38 PM PDT

    Hi Everyone,

    I recently joined EY (start of the year) and do not know how remuneration reviews work. I assume it has something to do with the LEAD process.

    I work within GBS for quite an integral function to EY and I am based in London. Please could others who work in GBS, state their location and the % raise they last received in June 2019/2018/2017?

    It is likely that there will be no bonuses this year, however area annual salary increases still a thing?

    Thanks in advance!

    submitted by /u/hereforanswers68
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    EY Reimbursement Policy

    Posted: 04 May 2020 09:06 PM PDT

    What is EY's reimbursement policy for staff? Specifically for cell phone, but others would be nice to know as well.

    submitted by /u/UsefulLifeIsAt0
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    I don't know if I should continue with tax

    Posted: 04 May 2020 12:54 PM PDT

    Hello,

    Looking for some advice from anybody who started out in tax/had experience working in tax. Are you still in it, or did you decide to venture into other areas (financial analysis, accounting, etc)?

    If you are still in tax, what does your work entail? Do you enjoy it?

    If you left tax for another area of accounting/finance, what made you leave? Do you enjoy what you do?

    Me, I started off in a big 4 firm in tax and after a fews years there, I got an industry job in tax as well. It's proven to be not at all what I was expecting: terrible work-life balance and toxic workplace. I'm sure my view of tax has been tainted by this employer, but now that I'm working on securing a new opportunity, I feel like I don't know if I want to continue with tax. Recruiters tell me that it would be hard for me to get a job in another area, so there's that too. I feel stuck in a corner.

    Please help me by sharing your experiences 🙏

    submitted by /u/Sryimathrowaway33
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    Never appreciated the offshore team this much till now

    Posted: 04 May 2020 06:44 PM PDT

    Big 4 staff here. At my firm, you need a "booking" where you submit a request and get assigned an offshore team.

    I made a request for them to tie-out the final version of the FSs before sign-off soon, and guess what? The assigned team had their assignment expire because this engagement got delayed so much. I could make another request for another team, but I need to get this tie-out out quickly.

    It's honestly quite great when you submit a request at night, and wake up to it done the next day. The work quality can be off at times, but hell, better than doing all the grunt work yourself. Guess who's doing the tie-out himself tonight? :(

    submitted by /u/user_new_one_two
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    Is MBA-accounting worth it?

    Posted: 04 May 2020 06:37 PM PDT

    Is MBA with concentration in accounting worth it? Can I sit for CPA exam with that degree?

    submitted by /u/Tru-IV
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    Python/coding CPE courses?

    Posted: 04 May 2020 01:39 PM PDT

    Hi, does any one know of any Python coding classes that offer CPE credit? I'm struggling to find some. Thanks!

    submitted by /u/ybocaj8
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    PA billable hours during quarantine

    Posted: 04 May 2020 11:40 AM PDT

    Should I feel guilty about having so many unbillable hours working from home during this quarantine? Since this began I find that I have more free time than I feel like I should even though I am consistently asking for work on a daily basis.

    submitted by /u/rabs7
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    Stimulus Check

    Posted: 04 May 2020 08:15 PM PDT

    Hi! I was a dependent on my 2018 taxes so I didn't receive a stimulus check when everyone else did. I just filed my 2019 taxes a few days ago and I filed independently. Will I get a stimulus check? And if so, when? This year or 2021? I've seen a lot of conflicting information online.

    submitted by /u/cometcasanova
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    FEMA (CALI)

    Posted: 04 May 2020 07:49 PM PDT

    Hi everyone. I am one credit short of fulfilling the 150 credit requirement for the CPA. I heard one of the schools that accepted fema credit stopped accepting it (i think charter oak) Has anyone recently done the other schools and can you please tell me how? Im from California by the way.

    submitted by /u/ohsnapitzjudy
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