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    Accounting 19 year public acct leaving for Pvt!!

    August 07, 2020

    Accounting 19 year public acct leaving for Pvt!!

    19 year public acct leaving for Pvt!!

    Posted: 07 Aug 2020 08:04 AM PDT

    After 19 years at a miserable, toxic, public accounting firm I'm leaving to take a CFO position. I have no idea why it took so long. Sense of obligation, fear, etc. When I got the job call last night I actually wept with joy. Now this afternoon I have to tell them and I just want it over with. I'm sure I will get screamed at. But there is no good time to leave public since it's always busy, except years earlier!

    submitted by /u/wyldfyre1369
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    peak big4 LinkedIn cringe

    Posted: 07 Aug 2020 04:35 PM PDT

    Office virtual meeting friday afternoon

    Posted: 07 Aug 2020 09:30 AM PDT

    Banning the firm I interned at from recruiting at my school.

    Posted: 07 Aug 2020 02:08 PM PDT

    Question for people who have a lot more experience than I do. I interned at a CPA firm and basically long story short my senior made multiple attempts to sleep with me which were met with a emphatic no. After this she bad mouthed me to the firm and to my coworkers and yelled at me pretty much every day. Let it also be known that another intern was also harassed by a senior because he wanted a 3 way with her and his gf. Anyways, I am friends with a lot of my professors and on a phone call told one of them about my experience with this firm. He said if I wished that the school would basically ban them from coming to events and such which would make me feel better knowing another student won't be there and deal with the same issues. Should I do this? Or will this result in the firm saying bad things about me to other firms. The firm has about 50 employees. (I also told HR & partners about this situation and my manager which lead to no action being taken.

    submitted by /u/AxeLegacy
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    How come no one here ever talks about this issue?

    Posted: 07 Aug 2020 03:08 PM PDT

    When you suddenly find yourself not being able to find an excel file you need for reference because you have 20 excel files open. Is this only me lol?
    submitted by /u/ryan95227
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    Gotta get that 10-Q filed

    Posted: 07 Aug 2020 09:16 AM PDT

    IE holding alone all the compatibility to all governments tax sites from all around the world and still getting shit from everyone

    Posted: 07 Aug 2020 08:02 PM PDT

    I'm Glad I'm a CPA

    Posted: 07 Aug 2020 08:01 AM PDT

    So when my client tries to make me feel like an idiot for asking when their shit suppoorting docs don't tie out I can remind myself I'm kinda smart, I passed the CPA

    submitted by /u/votesovi3tbe4r
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    PASSED ALL 4, now what

    Posted: 07 Aug 2020 05:16 AM PDT

    Hi All,

    I think I ended up sitting 16 times, mostly because I never made the CPA a priority because I had to work non stop to pay for rent. I had sections expire multiple times, etc.

    ​

    ANYWAYS, TODAY I PASSED THE 4TH SECTION.

    ​

    I never looked into what happens next, how do I apply for the actual license, etc. Also, did people then go and study for a new exam/license after CPA? I am in tax so I don't need like CMA etc.

    submitted by /u/TheYoungSquirrel
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    Big Four Covid Experience

    Posted: 07 Aug 2020 06:59 AM PDT

    Just recently started with the big four during this Covid experience, at least I have a job right? Well, I'm about in a month in and let me tell you it's way different from when I interned (not surprised). The particular company I work for is just a mess at the moment. They had me on 3 different clients and I'm starting brand new right in the middle of busy season (okay manageable). Until earlier this week, they decided (without even notifying me) that I was going to be put on another huge client. Okay.. catch is, this client requires a "drop what you're doing and we have to get this done right here and now" attitude. Meanwhile, I'm reaching out to other engagement teams to let them know that I have a lot on my plate and I might be falling behind. To top it all off, IM A BRAND NEW FIRST YEAR STAFF WITH LESS THAN A MONTH IN, STARTING AT HOME WITH LITTLE TO NO TRAINING, AND IM BEING ASKED TO DO THINGS IN ONE DAY THAT ARE NOT HUMANLY POSSIBLE. Cannot say that I didn't expect this and I know some people are going to be like "well welcome to public accounting". You would think the firms would have a less stressful transition (consider we are starting from home and literally that's scary enough as it is). I guess this is just the sad reality of public and I better get used to it. Any advice ?

    submitted by /u/Livid_Helicopter_423
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    Public Accounting must be hell for people that have ADHD and are not taking medication for it.

    Posted: 07 Aug 2020 02:37 PM PDT

    Can we get a regional compensation thread?

    Posted: 07 Aug 2020 05:50 PM PDT

    Where is the loveeeeee r/accounting.

    submitted by /u/lostfinancialsoul
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    Always going after accountants

    Posted: 07 Aug 2020 09:30 PM PDT

    Is Canadian experience less valuable when applying for US jobs?

    Posted: 07 Aug 2020 04:00 PM PDT

    Background: have Canadian CPA, currenting studying reprocity exam to get US CPA, going to start applying when I pass the exam. Also have dual citizenships in both Canada and US. Experience wise 3 years of public with (Big 4 + national firm, some experience with US GAAP clients) and 4 month accting internship in Iowa with a F500. Aiming for industry roles. I hope I'm not at a huge disadvantage with my Canadian experience.

    submitted by /u/BBA2017
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    Want a job?

    Posted: 07 Aug 2020 07:49 AM PDT

    To all you new staff out there

    Posted: 07 Aug 2020 09:48 PM PDT

    GT vs. EY. Can’t decide.

    Posted: 07 Aug 2020 09:40 PM PDT

    I currently have two full-time audit offers on the table from GT and EY.

    Would it be career suicide to choose GT over EY? I know the big 4 has a lot more name recognition but I would have to move across the country with my wife to a state we don't really like. We both have family/friends/familiarity in the state where GT has given us an offer, so in that sense it makes more sense to live there.

    I guess what I'm really asking is will I be able to find similar job opportunities when I leave? Or will it be too difficult to compete with the wave of competition coming from the big 4?

    I want my wife and I to be happy, but I don't want my career to be stunted to the point where I'll be stuck without any real exit ops.

    What do you guys think? (Pay is comparable, by the way.)

    Thanks to anyone who can shed some light on the subject!

    submitted by /u/jcfin
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    Typical day in the life of.

    Posted: 07 Aug 2020 07:15 PM PDT

    Hello,

    Please share your average work day so we can all be depressed together.

    Thanks

    submitted by /u/ConceredMothers
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    Facing a potential job offer to move from public to private sector, but it’s step down. Is it worth it?

    Posted: 07 Aug 2020 08:52 PM PDT

    I'm writing this on mobile, so I apologize for any formatting issues.

    TLDR: I'm about to have a promising job interview to go to private sector, but will be moving from a senior role to staff role. Due to issues at work, I may take it. Is it worth it?

    For some background: I've been working in audit at a regional public accounting firm (500-700 employees, multiple offices, well respected in the state) for almost 3 years now. I started as an intern and have worked my way up to senior. However, due to various issues, I'm more than ready to move to private sector to regain happiness at work. One of my biggest issues is management (big surprise, right?), which is beginning to make work miserable. The other main issue, however, is that I'm in a dead-end industry.

    To give a brief explanation of this, basically the clients are not financially savvy/aware at all, and the industry itself is very vanilla. We don't have the opportunity to touch or audit accounts like inventory, loans, equity transactions, and more, simply because they aren't present. The industry trend for audit fees also means that our firm will surely be pushed out of the market by us being undercut by sole practitioners because of the simplicity of the audits.

    For the question: For the past month I have been working on moving to private sector. I am working hard on it because I know that for every day I stay in my current job, it becomes harder to find a new one due to my current industry not providing any desirable experience for any other company. I am not exaggerating when I say that every person that has left my group has had issues finding a new job solely because of the industry we work in.

    I have submitted many applications with little luck, had one interview from which I was rejected, and recently got invited to a second one from a new company. I understand that these are hard times for everyone, so I am keeping my chin up and trucking along, but at the same time am ready to jump at the first thing that looks promising.

    The issue is, at the company I was just invited to interview with, I would likely be stepping down to a staff accountant role, albeit in the private sector. My recruiter has told me that we can try and negotiate me coming in as a senior, though there are no promises. As such I want to mentally prepare for the worst. So my question is, is it worth it to step down to staff from senior, if it means getting out of this industry and keeping my sanity?

    I made it clear with the recruiter that I did not want to take a pay cut from this, and he assured me that I wouldn't. There is no real difference in commute, and from my limited research on the company, it appears to be a nice place to work, with a good accounting team.

    Am I getting too desperate? Should I keep searching until I can find a senior accountant role? Or will this provide me enough private sector and general accounting experience to make the step down worth it in the long run?

    submitted by /u/zanix05
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    Have you ever asked yourself while sitting in front of your monitor "What is my purpose in life? I went to school for this?"

    Posted: 07 Aug 2020 01:12 PM PDT

    What career would you choose if you had a chance to re-do? Marine Biologist for me.

    View Poll

    submitted by /u/gwoody807
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    Why do we have to wait weeks for our scores?

    Posted: 07 Aug 2020 12:23 PM PDT

    Why, in the year 2020, are we waiting weeks to get our test scores? Why can't our scores be generated the moment we submit our tests? I have friends who take tests for Real Estate (Broker's license) and/or Finance (Series 7, CFA, CFP) who walk out of the testing room and receive their scores right away. They are baffled when I tell them I have to wait a month before I see my scores. It's painfully obvious that they do this because it prolongs the testing process and generates more money. Such a crock.

    submitted by /u/AdrianSmajlaj
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