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    Accounting Trying to remember [INSERT TOPIC HERE] five minutes before a partner meeting

    June 04, 2020

    Accounting Trying to remember [INSERT TOPIC HERE] five minutes before a partner meeting

    Trying to remember [INSERT TOPIC HERE] five minutes before a partner meeting

    Posted: 04 Jun 2020 05:17 PM PDT

    Another one

    Posted: 04 Jun 2020 05:24 PM PDT

    Since 2008, about one baby boy per year in Alberta, Canada has been named Ledger. In 2010, there was also a General.

    Posted: 04 Jun 2020 06:39 PM PDT

    Sometimes I think he just hates me

    Posted: 04 Jun 2020 02:29 PM PDT

    Rip to those accounts

    Posted: 04 Jun 2020 05:49 AM PDT

    PwC staff after the comp talk yesterday

    Posted: 04 Jun 2020 06:54 AM PDT

    “I’m nailing this interview”

    Posted: 04 Jun 2020 08:48 AM PDT

    Deloitte Tax Layoffs

    Posted: 04 Jun 2020 03:16 PM PDT

    are they done yet?

    submitted by /u/KarenTheNarc
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    As a junior in college, yep.

    Posted: 04 Jun 2020 07:10 AM PDT

    This PowerPoint slide that my advanced auditing professor (PhD) posted in my last year of university gives me real 2020 vibes. I keep it to remind me of simpler times.

    Posted: 04 Jun 2020 03:16 PM PDT

    How to fake it through all that's going on?

    Posted: 04 Jun 2020 12:39 PM PDT

    I'm in public so 120% effort required no matter what. It has been tough lately to fake my enthusiasm about work and showing interest in firm internal initiatives. I honestly was surprised at how good my reviews were despite most days I've been dragging myself through these engagements like dead weight. I know I'm not wired for client service type work.

    Are most people that are in public seriously that interested in this work? Or is everyone else faking it too?

    submitted by /u/ex-taxman
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    Nationwide hiring for IRS Auditors (Revenue Agents)

    Posted: 04 Jun 2020 04:18 AM PDT

    IRS is hiring for entry level and experienced positions as a Revenue Agent (RA) nationwide. RA's are field auditors that work in the office (or at home) and also work out of taxpayer homes and businesses, examining bank statements, business records, and asking relevant questions. Typical job duties will be auditing tax returns and looking for omitted / unreported income and overstated deductions, and looking for indicators of fraud.

    Deadline to apply is June 23, 2020.

    Job Posting

    You may be hired at the GS 5, 7, ,9, 11 or 12 level dependent on qualifications and experience. If hired at a lower grade, you will progress to the next higher grade each year, until you make it to GS-12. Additional grade increases (I.e. GS-13) are competitive promotions that must be applied for. Salary levels are based on location.

    Work-life balance is great. Work 40 hours per week, no more. Flexible schedules are available, including (4) 10-hour days.

    Working from home 1-4 days per week is available after a probationary period and the manager signs off on your ability to do so.

    There is generally two months of training away from home (spit into two trips) immediately after being hired.

    The first year on the job, you will be assigned an On-the-Job Instructor (OJI) that will help teach you the job and be a mentor.

    I have worked many years as a Revenue Agent, it's a rewarding career. Please feel free to ask any questions you may have.

    submitted by /u/CraigslistKing
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    Anyone else having trouble working from home now that busy season is over?

    Posted: 04 Jun 2020 08:51 PM PDT

    I was a machine all throughout busy season but now I can't get any work done. Anyone else going through this and if so what have they done to help?

    submitted by /u/CovidAnalyst
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    Do you have a glass or wine or beer when you WFH?

    Posted: 04 Jun 2020 12:29 PM PDT

    Drink enough to get relax but not too much where it hinders you ability to work meticulously of course.

    submitted by /u/Nostalicraft
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    If you’re not on the wave hop on

    Posted: 04 Jun 2020 08:28 AM PDT

    Any other interns have 0 clue what’s going on?

    Posted: 04 Jun 2020 11:22 AM PDT

    Intern, started a few days ago. I feel as though everything is rushed & none of it makes sense to me. Most of my class looks to be the same. I'm hoping we get more practice or something. Anyone feel the same during non-Covid internships?

    submitted by /u/Sorry_Influence
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    I hate my job and need help

    Posted: 04 Jun 2020 08:19 PM PDT

    Skip to the last paragraph to skip reading

    In school, I switched from engineering to business, and triple majored in a foreign language, Accounting, and Entrepreneurship. During school, I never did an accounting internship; instead, I worked for a startup doing marketing and product development and in business intelligence creating reports one whether a new university invention had market viability. I wouldn't say I loved these jobs, but I definitely enjoyed them and had fun learning new things.

    After graduating, I moved to another country where I tried to start my own business but had no luck. I came home and lived with my parents while looking for jobs in product management or financial analysis. But after nearly a year and 1000+ applications, I eventually settled on taking an offer at a public accounting firm. And...... I fucking hate it. I dread getting up to go to work. It pisses me off all these bullshit convoluted IRS rules for companies, and it annoys me how poorly some companies keep their books. Like today I did some work where I initially added all the tenant improvements before realizing some can be taken as de minis, which I then took bonus on the rest, only to remember my state does not conform. So, I have to take 179; I did the work a 3rd time before being told it is all less than 30% of the value, and the shit can be expensed. LIKE WHAT IN THE LIVING FUCK ARE THESE GODDAM RULES!

    I took accounting because I believed it would allow me to make better business decisions through accounting analysis. When it came to my courses, I liked financial really enjoyed managerial. I took an individual tax class that was ok, and I would have to say at my job that's the part I like the most. But corporate taxes I find no interest in really. I am mostly disinterested in my career and have no motivation to keep learning things, and I always get stuck on the dumbest things even after six months in the role.

    I could go on and on about this, but that's not the point of this post. The fact is that I am stuck because I am miserable at work. And any of the jobs that I am interested in want me to already have several years of experience and or my CPA, which I have zero interest in getting. I don't know what to do if I should quit, wait to get fired, start a side business that I can grow to full time. Or see if there is another area in the firm's strategic plan that I can be of better use with. For reference, think of a 300+ person firm.
    What is some advice you guys may have? I am open to anything

    submitted by /u/pabeave
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    When you worked 110 hrs in the past 2 weeks and get paid 15k/yr more than your pilot friend sitting at home making 45K/yr.

    Posted: 04 Jun 2020 07:22 AM PDT

    Is all of accounting like this?? Am I too sensitive for this career?

    Posted: 04 Jun 2020 12:24 PM PDT

    Brief intro: 24(F), worked as accounting assistant (temp) for 10 months, loved it like hell (main duty: invoicing). Moved cities and went into a CPA firm where I handle 3 clients' books (a temp 4th client has been assigned to me as he changed systems) Main duties here: AR (invoicing and following up), AP, running reports, bookkeeping, 1099s during tax seasons, bank recs, random ad hoc projects) .

    Total time in field has been roughly 1 year.

    I went into this new job (January 2020) as a junior accountant and letting them know this is my first "real accounting job" and my previous one was basically "glorified data entry." They said they'd train me. I ended up getting some sort of speed training. They said I can ask questions ANY time. Lol that was a lie. I've been scolded for asking too many questions (I'd say 1-2 questions every 3 days?) I don't repeat questions and I try to solve it on my own or Google it first. MOST of my questions are client history-based so it's not like I can look up "How to know what the client's merchant # is." I've been scolded in front of the whole office before (albeit...it's a tiny office) or otherwise ignored for days or weeks. One time, I asked a single question, only my second time ever doing bank recs, and I was told via messenger to "figure it out yourself next time!" During my very first 1099 "season" I couldn't get help (honestly I can't blame them, everyone was busy) My manager "didn't do 1099s so please ask A" Asking A would defer me to "Please ask B" B who didn't use THAT particular program referred me back to "B" who referred me back to management who gave me glares 😅 Long story short? I fucked up BAD and missed a few 1099s and vendors came to haunt me months later and I got scolded by that manager mentioned above on "Why didn't you ASK me for help?!? I could've helped you!" :') (but ma'am I did...)

    In fact...I realized that the only time my manager miraculously responds to me is on days she needs me to start something new or for a favor. I'm busy most of the time and I've worked through most of my lunches since I've started. I've worked on weekends and I've worked OT pretty much most days. I occasionally even find myself dreaming about falling down the stairs just so I can get a few hours away from work to get a cast on or something. I once had a shift where I couldn't get any help whatsoever (I was maybe a month in) and I did something really stupid and messed up the books. I got yelled at and then proceeded to have 3 consecutive panic attacks. I've had a weird "dry heave" clockwork at 8am since the 3rd or so day of this new job until now.

    Is this how all accounting jobs are? It wasn't like this in my accounting assistant job, but that was a temp job and it was also quite easy work (you wouldn't even need a college degree). I was hourly and they wouldn't even LET me skip lunch or work late.

    I can't tell if my current experience is so bad because my manager terrifies me Or if this is normal and I'm just "too sensitive."

    Can anyone tell me if all accounting jobs are like this? I'm only a junior and if accounting is like this now, I can't imagine what's above me. Did I come into the wrong career?

    Any tips? Should I maybe first give industry a try before giving up on accounting as a career?

    submitted by /u/Toxicnumberz
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    PwC A1 getting paid more than A2?

    Posted: 04 Jun 2020 09:44 AM PDT

    just got word that new hire salaries are getting adjusted down to ensure that A1 won't make more than A2.

    submitted by /u/o8008o
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    Switching from Accounting to CS

    Posted: 04 Jun 2020 09:20 AM PDT

    I'm thinking about switching careers to Cs. My senior promotion is approaching within the next six months, and I'm tired of being worked to death in my group. I had an extended busy season this past spring and was just told my busy season for the fall will be starting early. I have friends in CS who are already making 6 figures and are working way less hours. Has anyone made this transition, and if so, what do you recommend?

    submitted by /u/rewqtyuiop
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    How much will new hires salary go down?

    Posted: 04 Jun 2020 10:58 AM PDT

    I've heard about B4/PwC/Deloitte new-hires' salary getting adjusted now, any idea by how much? Or any info on how much they went down by in 2008?

    submitted by /u/helloitsmemiguel
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    [CAN] Forced to return to office in wake of covid-19/cornovirus - advice pls

    Posted: 04 Jun 2020 03:36 PM PDT

    An accounting firm in Ontario is compelling its staff to return to work in the office. They are requiring that all staff return to work in office at the same time. Management does not believe the coronovirus is real threat and regularly ignores guidelines on physical distancing (if you go in to pickup documents they'll walk right up to or next to you) or hosts gatherings for clients (who actually attend - what the hell??). Staff who raised concerns have been strong armed and essentially verbally beaten to compliance. Measures they describe to mitigate risks are laughable (self sanitation, slight furniture change). It's mind boggling. If anyone can share any resources that can help some staff that would be real nice. Hope everyone else is fairing better.

    submitted by /u/throwmefaraway128468
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    Senior auditor at a mid tier firm. Have been looking for a exit out of public for months. Nothing is working.

    Posted: 04 Jun 2020 05:50 AM PDT

    I don't know what the hell I am doing wrong. I've applied to over 15 positions all within my experience level and nothing has been promising. Granted, I'm looking for a leg up in terms of compensation (not much, 10k or so).

    Is the market just fucked right now or is my sacrifice of working at a mid tier firm that has been probably 90% as bad as working at a big 4 not worth as much as I thought?

    Should also mention I hate the field of corporate accounting so I'm staying away from those positions. I would kill myself if I had to do month end close and stare at invoices for the rest of my life.

    submitted by /u/wetdirtkurt
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