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    Wednesday, August 12, 2020

    Accounting Clickety Clickety Clack! Clack! Clack!

    Accounting Clickety Clickety Clack! Clack! Clack!


    Clickety Clickety Clack! Clack! Clack!

    Posted: 12 Aug 2020 12:17 PM PDT

    Expect a bad evaluation

    Posted: 12 Aug 2020 08:41 AM PDT

    If that ain’t the truth

    Posted: 12 Aug 2020 11:46 AM PDT

    Thought this would belong here

    Posted: 12 Aug 2020 07:42 PM PDT

    Let's play a game of "what's wrong with this"

    Posted: 12 Aug 2020 06:20 PM PDT

    Fuck those who say "I see you worked on X client, means you're used to working late". Bruh I need a break from that

    Posted: 12 Aug 2020 03:16 PM PDT

    Don't want to be used to that shit

    submitted by /u/ksuvuelalfusuwnsl
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    Hmmm Auditing bro’s

    Posted: 12 Aug 2020 01:09 PM PDT

    What is it like to be a revenue agent for the IRS?

    Posted: 12 Aug 2020 05:46 PM PDT

    I see so much on this sub about how great gov jobs are in general, especially for wlb since gov jobs are usually capped at 40 hours. Is that really true? I've also read that the job can be stressful, and that the workload can be difficult to manage- what happens if you don't get enough done in those 40 hours?

    submitted by /u/grassdancejetta
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    Staff: Ok all done with my work early so I can enjoy the weekend. Manager: Great, come in Saturday for a great learning opportunity��

    Posted: 12 Aug 2020 11:22 AM PDT

    MFW ad hoc projects and Fall compliance season deadlines are approaching

    Posted: 12 Aug 2020 12:20 PM PDT

    Are people being laid off during Covid for “performance issues” at PwC and KPMG still able to get unemployment benefits?

    Posted: 12 Aug 2020 02:19 PM PDT

    I've seen a few articles like this one talking about a big spike in "performance related" firings at PwC and KPMG.

    It seems that these firing aren't performance related at all and that they are just lay-offs by another name that allow the company to save face. I personally believe this theory and I was just wondering if those affected can still get unemployment benefits?

    submitted by /u/chadtheimpaler1
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    Thinking of quitting. Burned out public accountant. Any advice?

    Posted: 12 Aug 2020 05:35 PM PDT

    Background: Been in PA for almost three years now in the audit service line. Started at a national firm. Stayed for a little under 2 years. Went to a different national firm. Hated the new place I actually quit without an offer in hand because I truly hated the managers I was working with. Left in like 3 months. Went to a B4, but came as an A2 and not a Senior. Took a demotion and pay cut just to get back in PA. Been at my B4 since January. Basically, this past year or so in PA has been rough for me. Since 2019 my schedule has been as follows:

    • Ended busy season in March
    • Started planning for my big publicly traded company in late March
    • Had Q1
    • Had walkthroughs and control testing late April to May
    • Had not much until Q2 for my public in June
    • Put on an IT Audit to help with SOC reports until end of August
    • Left my old firm
    • Started at the new firm and had a 9/30 YE client right away. Working busy season hours for pretty much all of October
    • Started planning and doing interim work for my clients
    • Left firm in December since I hated the managers and
    • Started at a Big 4
    • Was put on two 12/31 YE clients right away
    • Was also put on a 3/31 YE client
    • I was in busy season mode from February to May
    • June and July have been slow
    • Recently put on an IPO where busy season hours are expected

    I just can't handle busy season hours anymore. I'm burned out. I've been working busy season hours for a good chunk of the past year, and I was working pretty long hours at my old firm when I was working on the public client. A part of me just wants to quit now before I deal with this IPO any more. And my schedule for the rest of the year is being put on my office's "premier" client, the biggest client we have. I've only heard horror stories about this engagement and how time consuming it is. It's a public company with a 3/31 YE, so I'll be busy pretty much all until May next year.

    The only thing I have going for me is that I have a sabbatical starting after the first week of September. But that's for me to study for FAR, so it's not much of a mental break really. I am also studying for BEC currently, sitting at the beginning of September right as my sabbatical starts. I think I'm just burned out with PA in general. Should I move to a regional firm? Something like an Armanino, NKSFB, etc.; a top 100 firm still, but way smaller than a Big4? Go to industry? Be a bum and move back home with parents? Day trader? Black tar heroin?

    I know I should always quit with an offer in hand, but I truly can't handle these hours anymore. I'm burning out bad, and especially now with WFH; there's this pressure to always be working since work is at home now.

    Any advice? I will also consult my mentors and people who know me more, but also wanted to post here.

    submitted by /u/FuckAccounting69
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    Accounting Job that doesn’t require starting at a computer all day

    Posted: 12 Aug 2020 12:19 PM PDT

    Hi all!

    TL;DR : Going blind because of computer work and need to find a new job. Looking for suggestions

    I'm a new CPA (2019 Edmonton CFE writer) and I recently discovered that I have progressive myopia. Progressive myopia is when your vision gets progressively worse through out the years. The main cause is genetics, the secondary is screen time.

    I'm currently an accountant in industry, but because of this diagnosis I have to consider switching careers and I don't want to go back to school.

    I'm thinking of teaching instead, but I might need to get my masters.

    Does anyone have any suggestions of jobs that do not require tons of screen time?

    Thanks!!

    Edit: for reference F27, vision if L/R eye is -13/12 with -3.25

    submitted by /u/Jannsy
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    Ashamed for having left Big 4 after less than a year. I haven’t told any of my college friends. Should I?

    Posted: 12 Aug 2020 05:27 PM PDT

    I went into Big 4 audit as an experienced associate after less than one year out of college. I had a great resume and even though I wasn't an accounting major or have any parts of the CPA passed (I even told the partner during the interview that I'd taken 4 accounting courses) I was still able to (easily) break into Big 4. I left a generalist role at a fintech firm for audit because I really wanted to be at a large firm.

    I did poorly and my mental health was bad due to the job change and a 3 hour total daily drive to and from the client. I wasn't familiar with Excel and I didn't know how to audit. I was more of a liability. I missed a few days because I really wasn't used to jumping into 80-hour work weeks. My team put me on a PIP and as a result, I left for a much less stellar role at the client (small, no one's ever heard of company).

    I've been at the client for nearly a year and my college friends don't know. I deleted my LinkedIn.

    I didn't even try to job hunt because of personal reasons (my parents begged me not to move to a different city), I was depressed about the PIP, and I didn't have much time to job hunt (finding a great job takes months and not three weeks). I find that my learning's really tapered off at my current job and I feel extremely ashamed for having had 3 jobs in 2 years.

    98% of my college friends are in Big 4, MBB, IB, med school, FAANG, PhD programs, etc. I've purposely avoided talking to most of them because I am ashamed. I'm ashamed because I screwed up along the way.

    I'm helping my college roommate with moving tomorrow, and I know she's going to ask me about work. She's been at McKinsey for two years.

    My current job is also pretty long hours and involves a lot of BS, but that's every job. I'm doing pretty well but that's because the company doesn't attract competitive fresh grads. I do feel like I'm going to make the same salary forever without a license/designation/MBA/better work experience though. All the middle/upper management folks in my department were managers/directors at Big 4/high finance, so I'm never going to make it past senior accountant even after 8-10 years at this company.

    submitted by /u/neveroverit95
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    If my job title at work was accounting specialist but my functions were those of a senior accountant, what title should I use on my resume?

    Posted: 12 Aug 2020 06:50 PM PDT

    So I worked for a company where I was an accounting specialist. Below me were 7 accounting analysts that prepared JEs and recons which I and another accounting specialist reviewed and approved. In any other company people performing those responsible are called senior accountant. Do you think I should use senior accountant in my resume? I feel accounting specialist make it seem as if it was another staff accountant position. I do note in my resume I had accounting analysts report to me.

    submitted by /u/DidacusAutomaton
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    [CAN] Accounting job market scenario in Canada in the foreseeable future

    Posted: 12 Aug 2020 06:11 PM PDT

    I am an international engineering student planning on moving to Canada next year. Honestly, I'm not confident that I will get a job as engineering jobs seem extremely competitive, at least in my field. In case I'm unable to find an engineering job then accounting is my second career option, in which case I would definitely pursue further education. Is the job market in Canada promising for accountants or is it getting just as bad as that of engineering?

    submitted by /u/Pedro9870
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    Need Advice: grad school for Audit & CPA or Advisory TAS

    Posted: 12 Aug 2020 05:36 PM PDT

    I am in a mental pickle recently over what to do: I am a rising senior, and have an awesome B4 full-time offer expiring soon, but that would mean taking on a lot more debt and completing a One Year grad program to meet CPA requirements.

    On the other hand, I am seriously debating about trying to get a full time offer in Transaction Advisory/Deals. I believe I would enjoy the work a lot more, but don't want to pigeon hole myself when it comes to exit opportunities later on (don't entirely know what my end goal is one day). Would you do an extra year of school for Audit & CPA, or just go into TAS?? Any advice is much appreciated.

    submitted by /u/financialvibranium
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    How much will my career be hindered if I don’t do public accounting?

    Posted: 12 Aug 2020 08:17 AM PDT

    I am double majoring in Business Information Technology and accounting. Everyone at my university forces the public accounting option down at students. For personal reasons I have decided public accounting isn't right for me. Will this hindered my career? What should I look into outside of the public accounting realm. I appreciate any advice. Thanks!

    submitted by /u/Wolfpack7207
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    Public Accountants, what client industries do you like working on and why?

    Posted: 12 Aug 2020 07:08 PM PDT

    I should specify, I mean for Audit

    submitted by /u/Karen_Filippelli
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    Big4 people from Europe, what is your current title and net salary?

    Posted: 12 Aug 2020 10:30 AM PDT

    In which country do you work? What is your current title and net salary (after tax and other deductions)?

    submitted by /u/southpoleisok
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    Properly tax in Virginia?

    Posted: 12 Aug 2020 10:11 PM PDT

    Hello, I'm asking on the behalf on my boyfriend since he doesn't have reddit. Today he received in the mail that he owes property taxes for his car for June 01,2019- December 31,2019 but the thing is his car is registered in Maryland and he only filed taxes for Virginia because towards the end of 2019 he started working at the post office here in Virginia but still lived in Maryland he just would visit me. But recently he moved in with me at the end of July and recently got approved for Medicaid but he thought he would have more time to change his plates and license. He's planning to call tomorrow in the morning because it's like almost 500 that they want part of is 360$ in penalties which he doesn't understand because like we weren't aware of anything. Should he be worried? Like he feels like he at least shouldn't owe for 2019

    submitted by /u/tootiredtosleep0
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