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    Friday, October 23, 2020

    Accounting The inner machinations of EY's mind are an enigma

    Accounting The inner machinations of EY's mind are an enigma


    The inner machinations of EY's mind are an enigma

    Posted: 23 Oct 2020 09:08 AM PDT

    B4 partner here. 20 years of experience. Thinking of quitting. Have nothing lined up. Bad idea?

    Posted: 23 Oct 2020 01:39 PM PDT

    Long story short, my teams just aren't motivated by me anymore and I don't know what to do about it. Last month, my Senior Manager came in to me the other day and was like:

    "Please give me some time off. I've never been married. I have a kid that's the result of a drunken, post-holiday party hookup back when I was a senior. It's also the last time i've had sex. I haven't seen him in 5 years. He thinks I'm a deadbeat. I haven't seen my parents in 10 years. They think i'm dead. Please, please, for the love of god, I need just a week off. I'm begging you".

    Now, don't get me wrong, I felt for the guy, but I had to tell him no. These hours won't eat themselves. He hung his head, dejected and began to shuffle out of my office. I could see he was clearly crushed, so I got up and grabbed him by the shoulder, "Hey, look, I know it's rough. But here. This always gets me through the rough times,".

    I reached into my pocket and pulled out a packet of koolaid and pressed it into his palm. I looked him in the eye and smiled.

    "Now, this is just between you and me. Don't tell anyone, okay? Buck up. You'll be okay. We value you and your work here".

    I thought I saw tears of relief well up in his eyes, but then later I found out he hung himself in his office with a noose made of paperclips and scotch tape.

    It's really bothered me ever since. I mean, if koolaid doesn't get people motivated to work, what does? I feel like I'm so out of touch these days. It's not like I don't try, though. Like, I heard a bunch of the associates talking about tick-tocks the other day, so I bought a wonderful, pure, solid mahogany grandfather clock and put it in my office, but no one even comes in to look at it. Meanwhile they're always showing each other the clocks on their phone and having the time of their lives. It's very depressing. I feel like no one wants me here.

    It's cause of stuff like this that I don't know what I'm doing here anymore, so I'm thinking of quitting for my own mental health. But I also don't have anything lined up. If I quit now, will I be stuck flipping burgers the rest of my life? Thanks.

    submitted by /u/ANALHACKER_3000
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    Don't appreciate people if you can't depreciate them

    Posted: 23 Oct 2020 08:57 AM PDT

    What do you mean you can’t work 168 hours this week?

    Posted: 23 Oct 2020 10:44 AM PDT

    How I feel browsing this sub.

    Posted: 23 Oct 2020 11:15 AM PDT

    Starting a new position right as quarantine started was tough.

    Posted: 23 Oct 2020 10:03 AM PDT

    Week 3 of B4 Audit: Well, I have no idea what I want to do with my life, but it's not this.

    Posted: 23 Oct 2020 07:42 AM PDT

    Me in the First Interview vs Second Interview

    Posted: 23 Oct 2020 11:42 AM PDT

    when people don't break links on excel workbooks and I'm stuck clicking enter for 15 minutes

    Posted: 23 Oct 2020 04:43 PM PDT

    /r/accounting hit 200k subscribers yesterday

    Posted: 23 Oct 2020 03:37 PM PDT

    Musing about a strange journey.

    Posted: 23 Oct 2020 05:58 PM PDT

    It's been one hell of a journey. I grew up in less than ideal circumstances. Bouncing from one foster home to another, one school to another. I barely graduated from high school, with friends I knew less than a year and teachers who's names I never caught. I was young but I had enough wisdom to know that now that I was an adult the state had no need to find a home for me. I could see that it would be back breaking labor, drugs, or both. I made the traditional choice for a kid on the skids, I enlisted in the Army and served with distinction. Earned a medal or two on the way through. With a few more skills and a bit of confidence I got to work on various construction site, moonlighting as a bouncer at the small-town gay bar in a state where gay marriage was still illlegal, busting hillbilly heads at night and helping build offices or apartments in the day. After a few years of meager pay and seasonal work, I thought I should finally use that GI Bill. Become a certified electrician, take a few business classes because maybe I'll make foreman someday. Managerial accounting (like intermediate I and II) tends to be the class that separates the wheat from the chaff. It wasn't just a class on metrics, projections, and information to me, it was a whole new way of seeing the world. I was hooked. I transferred from vocational school to a state school, decent reputation but with a world-class accounting program. I trained and studied like I couldn't get enough of it. I traded my overalls and jeans for slacks and collard shirts. I got to know the players, the firms, and developed a reputation.

    In five years I went from being a depressed construction worker trying to drink the nightmares at bay to finally, I've been accepted into one of the best firms in the nation. I can barely believe it and in truth I'm scared. But I did it. I made it. Starting salary is more than my family earned in two years before the state took my siblings and I. Though I've spent my time fighting in the desert, I've found that with a good spreadsheet, you can do more to protect the livelihoods of an American than my rifle ever did.

    I'm not sure what to do with myself next or what the next few years will bring, but tonight I can breath easy and for the first time in a very long time, with pride.

    submitted by /u/Wacokidwilder
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    Career Advice: How to get out of AP

    Posted: 23 Oct 2020 07:06 PM PDT

    I graduated late (Bachelor of Commerce) while working full time in a non-related field (Assembly line worker at a Car manufacturer). As a result of working full-time and also getting comfortable in my position, I didn't purse any internship opportunities.

    I'm currently 30 working in AP for the last year and a half. How can I transition my self out of AP? I want experience in an actual accounting role.

    I have some experience with bank recs, foreign exchange differences, and account reconciliations.

    The market is very tough right now in Canada, GTA area. I just need some advice on how to progress in my accounting career.

    submitted by /u/CheetahOver2569
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    I'm somewhat of an extremely dull person myself

    Posted: 23 Oct 2020 04:46 PM PDT

    Why does PwC's new Milan building look like a penis?

    Posted: 23 Oct 2020 08:26 AM PDT

    Feeling Blessed - Received 2 Full Time Offers Over 2 Weeks

    Posted: 23 Oct 2020 12:29 PM PDT

    I'm feeling very excited and blessed. I now have two offers from two Top 20 Firms to consider. This is such a good problem to have! I think I am going to chose the firm that is slightly "smaller" because the benefits, pay, and location are all slightly better. Both are offering a CPA pass bonus as well as providing CPA study materials for free.

    I never imagined myself, just 7 months from college graduation, already having great offers that will take my career very far. In fact, I was very nervous when the pandemic hit and I saw many friends who had recently graduated struggle to get even part time employment at places like Target. I'm excited to start the apartment search and begin planning my first step into what it is like to be a real adult!

    submitted by /u/nightfalldevil
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    Gift?

    Posted: 23 Oct 2020 08:25 PM PDT

    Hey all! My boyfriend is graduating in May and starts his first real accounting job in June! I want to find something nice to get him that will help him at work, or just would be nice for him to have! TIA!

    submitted by /u/Sleepy-C-yo
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    Anyone familiar with ORBA in the Chicagoland area?

    Posted: 23 Oct 2020 06:40 PM PDT

    I have an interview with them next week and really want the position. It's an entry level accounting position. Not sure how to prepare. Any advice is greatly appreciated.

    submitted by /u/drivingcheapcars
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    Deloitte’s China Ops Get a New Website

    Posted: 23 Oct 2020 04:52 PM PDT

    You should start in public accounting they said. It’ll be fun, they said.

    Posted: 23 Oct 2020 01:49 PM PDT

    Risk Advisory Engagements

    Posted: 23 Oct 2020 06:23 PM PDT

    Just got a Big 4 risk advisory internship. Still not sure what kind of work is done or the number of hours. Anyone here have experience with this practice? Thanks

    submitted by /u/Affectionate_Mud6895
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    Someone just kill me already, I don't want to have more MS teams call for the whole day

    Posted: 23 Oct 2020 10:23 AM PDT

    I want to leave accounting. What careers should I look into? Where do I start? I feel stuck.

    Posted: 23 Oct 2020 08:32 PM PDT

    I have a bachelors in accounting and worked in private for about 5 years... day to day billing, AR/AP, bank recs, etc. (I was mostly an accounting assistant assisting the lead accountant). Then I worked in legal billing for a little while.

    Anyway, I left my job in Jan to stay home with my kid and now I don't even want to return to accounting/billing. I'm not a CPA, I suck at math despite having worked in accounting and tbh I've forgotten almost everything I've learned when it comes to accounting other than basic entries and financial statements. I struggle with imposter syndrome as well.

    What careers can I go into without having to go back to school, or at least shorter programs..... I kind of wanted to become a paralegal... what else should I look into?

    • lost and confused
    submitted by /u/ugh41
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    Does luck play a significant role in career advancement?

    Posted: 23 Oct 2020 05:09 AM PDT

    I remember someone here saying that he and some other guy were from the same starting point in public accounting. But due to some event that happened beyond anyone's control, he managed to get promoted while the other guy lagged behind for a year or two.

    A lot of people say its up to you and your performance. But if you managed to get booked on a big and secure engagement without screwing it up, chances are they will book you again and your career will be rather smooth compared to someone who was not so lucky. A lot of people I know who made manager didn't have that many engagements but the ones they had were the big and important ones. And they kept doing them so they could rely on previous year experience.

    You get booked with something good and don't mess it up, they rebook you or put you on similar engagements where you can continue your success. You get a crappy client and don't look good, then your rep is out there and you keep receiving crappy jobs. Kinda like a self fulfilling prophecy in a way

    submitted by /u/Throwawayacct1015
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    Is it career suicide to quit my job with nothing lined up

    Posted: 23 Oct 2020 06:36 AM PDT

    I quit Big4 after 2 years and 3 months (got promoted served as a senior for 3 months). I have had a few immediate relatives pass away this year, I have half of my CPA exam passed and I need the other half before the new year or I have to restart. I just started a new job at a local public accounting firm but I already hate it. I figure I can leave now, take 2 months off, finish my CPA, and begin with a fresh look in January. I have plenty of money saved to survive 6+ months on no income but I want to be back in a job by Jan/Feb

    submitted by /u/throwaway6863381
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