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    Sunday, October 25, 2020

    Accounting Becker Instructor Alignment

    Accounting Becker Instructor Alignment


    Becker Instructor Alignment

    Posted: 25 Oct 2020 10:40 AM PDT

    Annual Yellow Book training

    Posted: 25 Oct 2020 04:13 PM PDT

    Please come and join us! This is a great opportunity to network!

    Posted: 25 Oct 2020 07:53 PM PDT

    Accounting/CPA Discord (homework help, CPA exam help, career discussion.) College students, graduates, working professionals are all welcome. Good place to talk and network with other accountants.

    Please click on link below to join us:

    https://discord.gg/mJFcNRX

    We look forward to chatting with you in the server! :)

    submitted by /u/ArthurFleckCPA
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    Burnout of high performers

    Posted: 25 Oct 2020 04:09 AM PDT

    Fellow auditors

    Is it true that high performers tend to leave their firm soon after getting their CPA qualification due to burnout and lack of appreciation?

    submitted by /u/Asleep_Seaweed6848
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    Be careful of who you take advice from.

    Posted: 25 Oct 2020 06:38 PM PDT

    Throwaway Account for obvious reasons.

    This busy season was one of the worst. I worked with a single member of senior management for most of it. I think that most of you would agree, working an extended period of time with a single person can be very good - if you are successful, you become closer. But it can also be VERY BAD - if the person cannot handle stress well or personalities are mismatched, you will not enjoy it.

    My experience was a mismatch - we were very successful, but this member of management saw me as an emotional speedbag. I am only a staff, and I listened to them cry and scream about how there was nothing left, and how it was too late, and an engagement was about to blow up in our face. That was the bad. The good is simple: I 1) learned a ton and 2) made my value known. The engagement I was on is normally handled by a staff and a senior, so I absorbed the senior role, and did it reasonably well.

    However, I realized on Friday the 16th that I don't know if I can do this forever. Being mid 20s and a newly minted CPA, I felt like the train was/is leaving the station: do I want to do this forever? Shit money at an unknown firm with angry people? Is that my future?

    What I did next (and what this post was about) is about the stupidest thing I could've done: I called a different member of senior management I trusted for help.

    What I asked them was simple: Is this all there is? Will it get better?

    Oh. My. God.

    What they said next I will paraphrase, but I am not exaggerating as to the brutal honesty/bitter bile:

    "Yes. It's the same EVERYWHERE. I worked at (insert F500 that is notorious for purges in the form of bankruptcies). They could've kept me on for 4 years and let my options vest and I could retire but no, they fucked me over.

    Now I am forced to work here. And guess what? They told me I was too old to buy into the partnership. But that was a lie and another fuck over too.

    This industry is terrible for people like you and me and only good for people at the top. I don't do this because I like it, I do it for the money because the bankruptcy took my retirement."

    They then went on ranting about everything: the pay, the hours, the shitty staff, the evil upper management. Telling me it's awful here, but it's the same if not worse everywhere.

    Finally, I was saved by some meeting they had to go to.

    I spent the next half hour staring at my computer.

    I don't think they want me to quit, but what do I do from here? (Rhetorical question)

    I don't believe for a second I should be destined to be miserable and lonely forever. So maybe this firm isn't for me.

    I have had some calls with recruiters so far, but I just wanted to warn you all, to the extent you didn't know - look out for yourself. No one else in the corporate world will.

    And thanks for the laughs. You made me feel less alone this busy season.

    submitted by /u/Odd-Wafer809
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    What's the culture at your firm like?

    Posted: 25 Oct 2020 06:40 PM PDT

    I was scared of working full time at a CPA firm since I heard it's stressful and lots of over time.

    I started working at a local/regional firm and I love working there. My boss is so awesome, it's close to home, it's low-stress, 40 hours a week and I don't mind at all when if I ever have to work over time. The only downside is low pay and some office drama that I don't get involved in. But it wasnt what I expected at all.

    So I wanted to know what's everyone else's experience?

    submitted by /u/ziegenfickerrr
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    Has anyone left Big 4 after only year?

    Posted: 25 Oct 2020 09:39 AM PDT

    Sorry in advanced for the long rant. My daily breakdown about my job has led me to posting in here for some comfort/advice. Right now I've only been an audit associate for one year at a Big 4. The people are cool and the events were awesome pre-covid but lately I've just been at a complete loss at this job. Aside from the awful hours, I'm now sort of being squeezed into a senior role that I've had 0 preparation for, and I've gone from just completing only my work to also coaching/reviewing a first year, keeping up with client contacts, leading client meetings (which I have ZERO experience with) and other Admin roles that I didn't even know existed. Everything I do feels wrong and the amount of mistakes I keep having to learn from just seems so unnecessary since I was never even prepped for this position, and because of it my mental health has deteriorated rapidly these past few months. The only thing I even have to look forward to these days while being employed at a Big 4 is sleeping after work, but even that has been ruined because I just have nightmares about work every night while I'm sleeping now.

    I never wanted to be partner track or anything, but my ultimate goal was to just hit senior and leave, but with my current experience as an acting senior, I'm not so sure I'm EVER going to be ready to be promoted, and every day I think more and more about leaving. So has anyone left after only a year? Especially during covid? Also what was the pay like once you left Big 4?

    edit: the title should say only one year* lol maybe I should wait to post on here after my mental breakdown is over

    submitted by /u/afooble
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    Any other firms beat this promo yet?

    Posted: 25 Oct 2020 01:37 PM PDT

    How do you break into FP&A from Audit?

    Posted: 25 Oct 2020 03:43 PM PDT

    I'm an auditor at a B4 firm that has recently decided the FP&A career path looks right for me. What opportunities and experience should I be looking to get on my audit job that will help me break in to an FP&A role when I exit?

    Also is there any type of client that is best for this transition?

    submitted by /u/CaptainSnacksBitch
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    Procrastinators wfh

    Posted: 25 Oct 2020 02:20 PM PDT

    Throwaway cause I need to vent a bit and manager browses reddit.

    I recently started a big 4 gig as a senior (tax). I have gotten way too few projects to work on and only have a few hours of work to do each day. I've talked to my manager about this several times, but work is slow here at the moment (small department).

    Now I am a big time procrastinator and don't know how to deal with this and wfh. It has gotten to the point where I pretty much just make sure I am available and logged in and do whatever. This fucks with my mood and consciousness. Registering hours is obviously hell and the nonexistant billable hours is stressful.

    What would you do in this situation?

    submitted by /u/Throwaway6468982
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    Accounting in TV

    Posted: 25 Oct 2020 04:36 PM PDT

    Ok does anyone else find it funny that characters on TV shows when they're giving up their dreams choose a job in accounting? Lol. Like in Glee, Mr. Shue almost leaves teaching for accounting and it was all sad and everyone convinced him not to. And in Raising Hope, Sabrina almost stops her creative writing hobby to go into accounting. Jimmy talks her out of it and she's all smiles again. Like what the heck?! 🤣🤣

    submitted by /u/TheWarmLynx
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    Switching from midsize (GT/BDO/MNP/RSM) to a Big 4 firm early in your career? Possible?

    Posted: 25 Oct 2020 07:52 PM PDT

    I just got a full time offer from a midsize firm in GTA and I'm wondering if it's possible to move into a role at Big 4 and how soon that would be possible? Do Big 4 hire staff accountants from other firms or tend to select their own coop students?

    I'm only considering this possibility due to the exit ops available to big 4 accountants and concerned I might not have the same options after working at a midsize firm.

    Edit: I'm in Toronto

    Do you guys have any insight? Thanks in advance!

    submitted by /u/debitsandchocolate
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    Graduating soon with Bachelor's. No idea what actual work looks like. Scared, please help, or advise.

    Posted: 25 Oct 2020 04:36 PM PDT

    So hopefully, I'll be graduating this winter with my Bachelor's in Accounting. I'm hoping that by sometime after the new year, I'll be able to get some kind of entry level job in the accounting field, but a disturbing thought has crossed my mind.I have not had any actual experience in working in the accounting field outside of class work.I tried to do some volunteer tax work this year, but then COVID happened and so that flew out the window (not to mention that tax work is among my weakest subject for accounting). Is there anything I can do to better prepare myself for work in the field?

    As a side note, I do hope to eventually get my CPA license, but here in Texas I need at least 2 years of work experience besides passing the exams.

    submitted by /u/fanfic_warper
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    Accounting Information Technology Experts?

    Posted: 25 Oct 2020 09:08 PM PDT

    I'm looking to get information on becoming an IT expert in accounting. I remember my professor talking about this being a lucrative niche. Anyone here have advice for how to transition into such a role. I'm really good with computers and I know I can learn computer languages. Is it enough to be very exceptional with computers or is higher education required? I'm a 5 year assistant controller with my CPA so the accounting side is covered.

    submitted by /u/12tang
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    Very anxious about leaving B4 audit for a small company/startup

    Posted: 25 Oct 2020 03:31 PM PDT

    Hi guys, I'm currently a Senior 1 at B4 in audit. Very unhappy with my position in audit currently -- I don't like the work and I really don't like the hours.

    I've recently received an offer at a small company with the title finance & accounting analyst. They're kind of a start-up, but they've been around a while. Here's what I like the position:

    • Pay increase.

    • Some more FP&A responsibilities, which is appealing.

    • General benefits of start-up culture and friendly people.

    • Spoke with team about hours, they seem to be 9-5:30/6 and W/L balance generally seems good.

    But even though that's all very appealing to me, and I actually have really regretted not taking a similar position when offered to me earlier in the year, making a decision has given me extreme anxiety.

    Ultimately, I'm nervous about leaving the security/brand power of a B4. I think in my career I just want a standard corporate finance/accounting career path, and I'm not sure if being at such a small company will hurt that.

    Like, if this position doesn't work out, will I have a relatively easy time finding a senior accountant position at an established company? At least at B4 I have that security, and I'm scared at losing that if I join a small company.

    Do you guys think I should take this offer?

    submitted by /u/abertbrijs
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    What are some problems or areas of improvement you guys noticed in terms of the Big 4 on-boarding and new hire process?

    Posted: 25 Oct 2020 07:43 PM PDT

    Doing a little research paper and wanted to see what y'all thought.

    submitted by /u/domo_19
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    So I’m thinking about testing for the Certified Bookkeeper certification from the AIPB but the hours requirement just seems to be too long for what I’d imagine is inferior to the CPA cert. Is it worth it?

    Posted: 25 Oct 2020 09:47 PM PDT

    I'm also worried that it'd be too long to get a bookkeeping job since I haven't found one that doesn't require experience. I've had more success finding entry level accounting gigs that most likely wouldn't count. Correct me if I'm wrong.

    Per the AIPB, you need "at least 2 years' full-time bookkeeping experience or 3,000 hours' part-time or freelance experience before or after you pass the national exam. You have 3 years to fulfill this requirement"

    submitted by /u/Who_is_John_Deere
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    Chose Industry FLDP over Big 4. Did I make the right choice long term?

    Posted: 25 Oct 2020 09:23 PM PDT

    I turned down a job at PWC in Tax around 53k a year to accept an offer at a fortune 50 FLDP with a pay of around 76k in a low to mid COL area and planned promotion to around 90k after 3 years.

    I choose the FLDP for the salary and figured it might lead to better opportunities within that company and possibly in my later career.

    Do you all think this was a smart decision?

    submitted by /u/Tricky_Ad2789
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    Recommendations for an Accounting and Information Systems double major?

    Posted: 25 Oct 2020 10:58 AM PDT

    I am a senior in college struggling to find a career path that best suits me and my interests. I am set to have an BBA in Accounting and a BS in Information Systems degree next December. I wanted to combine these two degrees in some way and came across IT Audit/Risk Assurance, but after having an internship in that I do not feel like it is for me. I would like to use my technical skills more on the job. Public accounting isn't for me because I refuse to give my youth away to a company, I reallllllly value work/life balance in a career.

    I am proficient in Quickbooks, Excel, SQL, PowerBi, and Tableau. I also have experience in Python and Java coding languages.

    So besides IT Audit, is there anywhere else I can use my tech degree in accounting? Or should I just focus on a data analytics/ business analyst role?

    Also do you think accounting as a career is worth it in the long run over data analytics/business analytics?

    Thanks!

    submitted by /u/Oxymera
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    Reasons to stay in B4/public accounting

    Posted: 25 Oct 2020 07:23 AM PDT

    I just finished my first year at B4 and besides the ongoing WFH situation, I enjoyed it (doesn't mean there weren't any rough times but overall positive). I've been reading all the threads about why people should leave but haven't seen any talking about why you should stay. I can see myself staying for the long haul but I can also see myself getting a couple more years then leaving. I know the benefits of leaving, but what are the benefits to staying?

    submitted by /u/pretzles_
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    Career opportunities from tax and audit

    Posted: 25 Oct 2020 06:39 PM PDT

    Recently landed a tax position at a Big 4 firm; I know that the decision of tax vs. audit can impact future opportunities and was hoping to hear from some people who went through it. For instance, I believe audit opens the door to advisory and probably relates more with forensic accounting, I believe tax opens the door more to consulting, I hear audit is the popular route to Controller, and so on.

    What roles have you pursued after your initial accounting position? Which would you recommend for greater, future career opportunities? What did you enjoy most (or the least) about the positions you've held? Are you planning on making a change?

    submitted by /u/DesignerFearless
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    Best Big4 Firm?

    Posted: 25 Oct 2020 09:56 PM PDT

    Which firm would you guys say is the best out of the Big4 for boosting your career as an accountant/CPA and opportunities after leaving? Which has the best work environment? Which one is considered the most prestigious? Which one pays more? And which one has more opportunities for ex-military (sorry the word Veteran just doesn't feel right)?

    submitted by /u/angelirizarry1234
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    I need help regarding my career

    Posted: 25 Oct 2020 05:51 PM PDT

    I go to work everyday and I hate it. I have no intentions of moving up at my company or in accounting since I don't see myself working as a manager or higher in this field (I left big 4 as a senior and am now an SFA). This is making me feel hopeless and slightly depressed on a daily basis about my future. I don't care for every number to be exactly accurate down to the dollar on a set of FS as I don't really see what value it adds, especially not when this means working until 7-8 pm.

    In my personal life, I'm passionate about certain things and care about the quality of things I do. I hate that my work just drives me to be the opposite.

    I guess I'm just looking for stories of people who felt the same and love their jobs now, or those who ended up leaving and are happy now. I need a way out sooner rather than later.

    submitted by /u/GTR3499
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