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    Accounting Always whenever i wanted to relax while working for a Big4

    August 30, 2020

    Accounting Always whenever i wanted to relax while working for a Big4

    Always whenever i wanted to relax while working for a Big4

    Posted: 30 Aug 2020 04:47 PM PDT

    Hey! Don’t forget Pivot Tables

    Posted: 30 Aug 2020 06:06 AM PDT

    Oh boy I cant wait to go through 52 attachments with no index

    Posted: 30 Aug 2020 06:24 AM PDT

    Google experts

    Posted: 30 Aug 2020 12:49 AM PDT

    After you've handed in your notice and a manager asks for anything

    Posted: 30 Aug 2020 05:37 PM PDT

    Why are 22 year old fresh graduates even "consultants"?

    Posted: 30 Aug 2020 07:40 PM PDT

    This genuinely confuses me, since I don't understand how someone who has just entered the workforce, has the knowledge or expertise to "consult" clients that have been in business since forever

    submitted by /u/ChefWardell30
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    Me opening my inbox after two weeks vacation

    Posted: 30 Aug 2020 02:37 PM PDT

    Tim Gearty's John Madden Impression

    Posted: 30 Aug 2020 07:30 AM PDT

    I recently outlined the pros/cons of Big4, industry and government as career paths. Let me know what you think.

    Posted: 30 Aug 2020 05:01 PM PDT

    As a background, I was giving some advice to another redditor regarding the opportunities available after finishing an MAcc program. Let me know what you think.

    ​

    1. Big4/Public Accounting route: The most strenuous & stressful path to begin. This will require several years of hard work. However, public accounting will accelerate your career in the long run. Earning potential after you leave public accounting will be better, and your opportunities will be more diverse. The biggest downside is that you're sacrificing work/life balance for several years. And there is no guarantee that your work/life balance will be good after your leave the Big4. Your sub-routes for this path is audit and tax. | Summary: Best potential, highest workload, most direct path toward CPA.
    2. Corporate/industry route: This is the middle of the road option. The range for this option is pretty diverse as well. The career in corporate or industry means that you would start out as a staff accountant type of role, or even AP/AR clerk and moving up. The biggest upside of this path is that you do earn the most money off the bat. Also, the work won't be as strenuous and stressful as public accounting. Outlook after doing some industry work is actually pretty good as well, but it hugely depends on what company you work for. | Summary: Good potential, moderate workload, CPA is attainable if working under another CPA at the company.
    3. Governmental route: Now this is the path I actually took. At /r/accounting, many people really like this path or hate it. The career for government means that you start out as a government auditor, accountant, or AP/AR clerk for government agencies. The best thing about this path is work/life balance. Also, most of these type of roles come with a pension plan and great benefits. However, you are sacrificing the highest tiers of pay, along with specializing in government. It is true that if you stay any industry for too long, you become specialized to that area; this includes governmental work. Now, I did not have any issue switching out of governmental accounting, and back into it. But I got my CPA while working for a state auditor's office. | Summary: Ok potential, low workload, CPA is attainable if working under another CPA. Best benefits including pension.

    ​

    For me, I was lucky enough to experience all three options. Then, I chose to go back toward governmental accounting. DO NOT PICK GOVERNMENTAL ACCOUNTING BECAUSE I DID. Everyone has their likes/dislikes. Check out /r/accounting for a lot of good information about the profession.

    submitted by /u/PlayersAce
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    This Week in Tax: New PPP guidance; IRS halts those notices; tax deadline moves for Iowa, California victims

    Posted: 30 Aug 2020 04:57 PM PDT

    150 Credits.. where to get the 30?

    Posted: 30 Aug 2020 08:31 PM PDT

    CPAs.. if you entered the profession at the required 150 units, what's your advice to get the there. Most majors will graduate at 120.

    Did you add a concentration/minor to your undergrad? Or did you go into a graduate program?

    Knowing what you know now, what do you recommend?

    submitted by /u/jomag20
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    How hard is your job as an accountant?

    Posted: 30 Aug 2020 01:51 PM PDT

    Like how does your day go? what do you do?

    submitted by /u/mesho321
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    Is Chegg worth it for Intermediate 1

    Posted: 30 Aug 2020 09:39 PM PDT

    I'm about to pull the trigger on Chegg but I lowkey feel guilty about it.

    I know people in STEM majors use Chegg a lot but do you think it's worth for accounting?

    submitted by /u/PleaseHelpAcne
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    I’m going to ask for a raise

    Posted: 30 Aug 2020 06:55 AM PDT

    Because the worst they can do is say no. If you've seen my previous posts, one of the seniors in my group is leaving, leaving just me and this mediocre senior who is in their 40s.

    I'm tired of working 50-70 hours a week. The partner in charge of our group sent me a slack message thanking me for my hard work, saying he appreciates it. To be honest, it was a little insulting. Bullshit walks money talks. And if I'm going to give up my 20s, pay me more than 62,000 a year in a HCOL.

    I don't even care about being fired anymore. With all the PTO backpay I have, I could enjoy the Fall, Winter, and Spring.

    submitted by /u/TradeMean
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    [Can] CFE PM ROLE

    Posted: 30 Aug 2020 04:10 PM PDT

    Just wondering what guys think are the most important topics?

    Outsourcing Cm analysis Mission stuff Performance measurement Governance Risk and mitigation

    Like what else should I study?

    submitted by /u/acctguy123
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    HELP, I’m a first year student and I’m having a hard time learning the basics and fundamentals because of my constantly absent professors. I dont know how to properly do General Journal Entries because I don’t know which accounts to use. Pls help

    Posted: 30 Aug 2020 08:54 PM PDT

    Monty Python Accountant

    Posted: 30 Aug 2020 01:55 PM PDT

    Accounting classes

    Posted: 30 Aug 2020 06:27 PM PDT

    Hi Guys,

    I am in a engineering field and my schedule right now is somewhat not so busy was thinking about learning some basic managerial accounting . Would you recommend any YouTube course or course anywhere you have found it to be useful and is free?

    submitted by /u/piano-2020
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    Does anyone know how to change Excel's default "Accounting Format"?

    Posted: 30 Aug 2020 06:53 PM PDT

    Anyone know how to get the default "accounting format" in excel to NOT show decimal points? I had done this years ago on my work laptop, but I forgot how I did it and I want to set this up on my personal PC.

    ​

    Basically when I do Alt + H + K to flip my numbers into accounting format, I'd like the number to not show any decimal points be default, so I don't have to hit Alt + H + 9 twice every single time I reformat numbers.

    submitted by /u/coolestnameavailable
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    What do I need to report for Temp Restricted funds at a nonprofit

    Posted: 30 Aug 2020 01:48 PM PDT

    I use projects in QBO to record the income and spending by grant (Project field). I also classify every dollar which comes in as unrestricted or temp restricted. (Class Field). At the end of a period, I use an income account "Funds Released from Restriction" with a DR to temp restricted class and a CR to unrestricted class (net impact zero) to show when we have spent the funds in accordance with the restriction covenants. I also dr temp restricted net assets GL account and cr unrestricted net assets gl account.

    Now, am I correct that I need not show restricted cash, receivables, or payables as this is taken care of in the net assets? Thanks

    submitted by /u/JanFromEarth
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    Nervous about submitting two wk notice to B4

    Posted: 30 Aug 2020 10:22 PM PDT

    About a year at B4 doing tax and I know I don't want to be stuck in taxes long term. I got a pretty good offer in general accounting that I'm excited about (around a 20% bump, chill hours, smaller team) in an industry I'm actually really interested in.

    I'm really nervous about putting in my notice since my last day would be the day before the deadline but I'm also over it.

    Anyone else had to go through this? I haven't made a "mistake" by leaving this soon...right?

    submitted by /u/throwaway62357890
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    INTERN TRIPS

    Posted: 30 Aug 2020 06:23 PM PDT

    Just Curious

    For the interns who accepted full time offers and normally would have gotten a leadership conference in disneyworld (EY & PwC) or other firms like Deloitte and KPMG or midtier ...did they say they would reschedule the trip when the pandemic is over or is the trip fully canceled

    submitted by /u/smittyh45
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    States not requiring 2000 hours - CPA

    Posted: 30 Aug 2020 06:17 PM PDT

    Hello, Are there any states where working under CPA for 2000 hours is not a requirement? Please let me know if someone has navigated through this situation. Thank you in advance.

    submitted by /u/baebae2020
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    Types of Remote Accounting Jobs

    Posted: 30 Aug 2020 12:09 PM PDT

    I recently graduated with my MBA. I currently work at a university in their central accounting department (been there 6 years). My wife and I have been discussing moving to a pretty remote area, but would still have internet access. I've been looking around the internet for accounting jobs that are offered as 100% work-from-home but I haven't had much luck finding non-sales related jobs or jobs that don't require travel to clients (plus I'm not a CPA and don't want to do public accounting or taxes). Do these kinds of accounting jobs even exist?? Any ideas or suggestions of types of jobs that I could realistically do from home? I'm just looking for a fairly average job ($50-70K), probably not even an MBA level job, as I have no managerial experience. Thanks in advance.

    submitted by /u/Footski10
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