Accounting To all of my coworkers who AREN’T bringing up the election on morning at status calls: |
- To all of my coworkers who AREN’T bringing up the election on morning at status calls:
- Thought this belong here
- Bag Secured
- This viral meme guy is a Manager at PwC. LinkedIn link in comments
- Any senior/manager here feels bad when they see the excitement of a new associate who just joined public accounting?
- Fear not, accounting is fun
- I hate LinkedIn!! Why did it turn so weird???
- I’m an accountant
- Need advice - Just accepted B4 tax internship
- Can everyone list out journal entries that they struggle to understand?
- Advice for your next interview
- How do you coach an unwilling graduate?
- What is the difference between 'Supplies' and 'Equipment'
- Goals for performance reviews (manager)
- IT Audit- losing my mind
- How do you guys deal with tough managers?
- Feeling like a failure
- Why don’t large practices collectively bargain?
- CPA please read!!!
- "Oh, you're a programmer? I have a problem with my printer...". What's the equivalent of this in your job?
- How much do other business classes, such as statistics, Econ, or Finance, come in to play after graduation?
- Interview with Deloitte partner next week!
- What’s Considered a Bad Review?
| To all of my coworkers who AREN’T bringing up the election on morning at status calls: Posted: 04 Nov 2020 09:36 AM PST | ||
| Posted: 04 Nov 2020 08:27 PM PST
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| Posted: 04 Nov 2020 05:17 PM PST I'm an MBA student, future CPA, and was just offered a staff auditor job at a regional firm! I initially thought it would be difficult to secure a job with the pandemic, but I got it. I don't have many people to tell in real life, so I figured I'd share this with you all. By the way, I'd like to thank everyone on this sub for the laughs, insights, and advice that y'all have provided. Time for the real world now. [link] [comments]  | ||
| This viral meme guy is a Manager at PwC. LinkedIn link in comments Posted: 04 Nov 2020 01:02 PM PST | ||
| Posted: 04 Nov 2020 01:48 AM PST As a senior, I felt so bad when a new associate emailed me today with so many exclamation marks about how excited he was to join the team, meet all of us and whether we were going down to client's place next week. I hate it when I come to terms with the realization that their enthusiasm will fade eventually, as disillusionment starts to sink in after a few peak periods. You can see the fire extinguishing from their eyes. I always feel a tinge of regret when I see fresh meat coming through the B4 grinder every year. [link] [comments]  | ||
| Posted: 04 Nov 2020 06:57 AM PST Guys...wowza does my heart ache for some...well, actually, a LOT of you. Stuck in the shitty world of ledgers and journals. Deep in the webs of CoA's and endless class codes. trying to balance and reconcile in a world of corporate go duck your feelings.... So here's some advice from 20 years of accounting work Y'all...it isn't that bad in all of accounting. It really isn't Accounting is actually fun. Like a LOT of fun. I have left my office with side stitches from laughing with clients. I have popped so many champagne corks celebrating new business openings. I've celebrated births and grieved passing's. I get to be involved in numerous boards and charities, volunteer at one of the biggest 'nerd camps' and even get to walk to parades. (that's what's up) I'm nothing special, I'm just your local, small town accounting office. I take care of your Uncle Jims tire shop and Grammy Suzys bakery. I'm the one that helped that friend from HS start her non profit and the one that saved your pal Kim from the tax man after that nasty divorce. I helped Tony and Sal transition the family business so their parents could retire. And I made sure Pap Bobs possessions passed on to his grandkids the way he wanted. Sure I spend countless hours on the phone, filing never-ending paperwork and dealing with numbers non-stop. But my career isn't accounting, my career is making my community thrive. Change your perspective on what accounting is, cause this field is legit fun as hell. [link] [comments]  | ||
| I hate LinkedIn!! Why did it turn so weird??? Posted: 04 Nov 2020 09:48 AM PST I keep getting the most bizarre LinkedIn messages from men (about half a dozen over 3 days) who seem to own their own financial guidance firm. They want to collaborate and see how I can refer my clients to them or them refer their clients to me. Nothing in my profile suggests I own my own tax firm. I'm only a tax senior AND I HATE 1040's... especially 1040's with PTP's or billions of useless k-1's. gods sake. Leave me alone! And I'm not even a pretty or skinny woman. [link] [comments]  | ||
| Posted: 04 Nov 2020 02:19 PM PST
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| Need advice - Just accepted B4 tax internship Posted: 04 Nov 2020 07:45 PM PST I am currently a senior in undergrad and just accepted a b4 tax internship for 2021. I plan on doing a grad year and getting my CPA before starting full time. I've recently started reading on here how credentials impact salary even years down the line. Is it better to get a Masters in Taxation as opposed to a MS in Accounting? My thinking with that was the MSA could be the slightest difference between me landing a broader accounting position down the line. However, would a masters in tax lead to increase in salary while in PA - tax? or both are considered equivalent. [link] [comments]  | ||
| Can everyone list out journal entries that they struggle to understand? Posted: 04 Nov 2020 03:43 AM PST I am working on a new blog where I will list out the most common journal entries and explain the debits and credits. I am looking to create a simple guide that college students can reference to help make their intro to accounting courses easier! I hate hearing about how students find the basic of accounting difficult (if due to lack of instruction) and then they switch their major! [link] [comments]  | ||
| Advice for your next interview Posted: 04 Nov 2020 09:00 AM PST
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| How do you coach an unwilling graduate? Posted: 04 Nov 2020 06:47 AM PST Long story short: new senior and am currently working with a graduate who always gets distracted on sportsbet, doesn't ask questions and when provided a task, doesn't perform to expectations. The tasks provided were simple - preparing bank confirms and solicitor letters. Clear instructions were provided and even just the address at the top of these confirms/letters were wrong. Graduate has gone and pasted the same address across all confirms/letters for different banks/solicitors. What is your approach to coaching difficult grads to ensure work allocation deadlines are met? [link] [comments]  | ||
| What is the difference between 'Supplies' and 'Equipment' Posted: 04 Nov 2020 09:22 PM PST Supplies are an asset that get used up. Equipment are also an asset that get used up. What is the fundamental difference between the two? [link] [comments]  | ||
| Goals for performance reviews (manager) Posted: 04 Nov 2020 09:03 PM PST I work for a smaller company and my boss asked me to set goals for my performance review. Does anyone have any advice on what kind of goals to set? Obviously I've googled it and come up with some stuff, but wanted to see what other accountants do. Would be especially interested in hearing from those around my level (manager) or up. [link] [comments]  | ||
| Posted: 04 Nov 2020 08:44 AM PST Is anyone else experiencing similar thoughts with IT Audit? I am year in, I like my team, not love or hate, but I have less and less motivation to do the work. I'm loosing my mind. My friends and family all say how I seem so sad and different. I feel like my senior just dumps more and more work on me with no help. The work is pointless. My performance is slipping and I can't get a grip. I feel like there's no future for me here but I'm also scared of changing anything in the middle of a pandemic. I wake up everyday unmotivated and unwilling to work. I see no value in this and it's hindering me. Does anyone have any advice? Has anyone left IT Audit during these times? Thank you in advance. [link] [comments]  | ||
| How do you guys deal with tough managers? Posted: 04 Nov 2020 03:35 AM PST Just started a new job (less than 2 months in) as a manager. My boss is really smart but also a jackass. He always takes an extra step to insult others. For example, we work with a non-finance group and he stated they occasionally make mathematical errors. He said, "When it comes to any math, they don't know what they're doing". Same goes for auditors. We work on a fairly complex part of accounting. He says the auditors don't know what they are doing. Honestly, even if they didn't, I wouldn't call them out for it. I don't expect a S1 to know everything that is going on in a 10,000+ excel file with a bunch of manipulations. Yesterday was my turn. I'm doing my first close and I accidentally incorrectly calculated a YTD number by populating data from the February column instead of the January one. Just an honest mistake. He goes in on me and starts telling me about all the mistakes I've made so far. Then says, "If I want someone to just recreate files, I'll just get the intern to do it." It's like bro I get it. I messed up and I'll work on fixing small issues but don't be a complete dick about it. I literally just got here and am trying to pick up everything as quickly as possible. So how do you guys deal with tough managers? Update: Thanks for the feedback. Manager has been much nicer to me since he lashed out. The main issue is that I'm too focused on recreating the files. I came from an environment where we prioritized getting the close done on time, catch issues via reconciliations and variance analysis, and then, fix them the following month. With the new company, the boss wants me to take the extra step to analyze data, find patterns, any discrepancies, and look for large fluctuations. Also, obviously, pay attention to the finer details like double checking formulas. Lastly, make sure I meet the deadlines lol. It's valid feedback. Just need to do a better job balancing everything. [link] [comments]  | ||
| Posted: 04 Nov 2020 08:36 PM PST Little bit of background: Majored in accounting, have a CPA, left B4 audit about a year and a half ago, now do fund ops at a PE firm. I really like my job. My boss is great, I generally like my coworkers, and the company has treated me really well. Still though, one of the mangers I work with is constantly on me for lack of attention to detail, and her comments are accurate. It's grating me on me, but she's right. I miss things even after trying my best to make sure every T is crossed and every I dotted. I'm beginning to think that accounting might not be a good fit for me in the long run. I like finance and I think it's interesting, but the attention to detail required in this field might just not be in the cards for me. I like the job, I like the work, I'm just not very good at it, or so it seems. Is it too late to change course? I'm three years down the road, CPA license in hand, and thinking that I might not be able to succeed. [link] [comments]  | ||
| Why don’t large practices collectively bargain? Posted: 04 Nov 2020 04:19 PM PST Genuine question that I know will get lots of answers about competitive pay and being a high performer. But most of us are not high performers and white collar unionization is on the rise, so why not in accounting? [link] [comments]  | ||
| Posted: 04 Nov 2020 05:31 PM PST Hello! I'm an accounting student in college and need to briefly interview 2 CPAs for one of my classes. I don't know any personally and feel as if I shouldn't just show up to any firms due to the pandemic...so hello Reddit! pretty please message me if you're a CPA and don't mind me asking ya a few questions! :) thanks y'all [link] [comments]  | ||
| Posted: 04 Nov 2020 08:42 AM PST | ||
| Posted: 04 Nov 2020 02:58 PM PST How much of the knowledge of these classes, other than accounting, is really needed for work? Do you use your stats, Econ, or finance knowledge at your job? Are they required? What I'm really trying to get at is how much should one stress over those classes during school? Do you really need to understand them all or just try to pass them? [link] [comments]  | ||
| Interview with Deloitte partner next week! Posted: 04 Nov 2020 06:38 PM PST Next week I have an interview scheduled with a partner from Deloitte to talk to them about their sophomore summer leadership program that I applied to. I'm really worried going in because I'm still so undecided about a ton of things like tax versus audit or location, so I was wondering if anyone had some commonly asked questions that I should be prepared for going in or any other general tips? Thank you so much! [link] [comments]  | ||
| What’s Considered a Bad Review? Posted: 04 Nov 2020 01:20 PM PST Hi reddit, I'm curious if I should be concerned lately about my performance review that was done a few months ago. I don't work for a Big 4 firm so we don't have rankings or numbers assigned to our reviews. I initially was excited and didn't think much of any of the "improvements" since I was promoted to a senior this year. However I've been having second thoughts lately. Long story short, I was the biggest overachiever when I was an intern and even my first year as an associate (promoted after 2 years of being an associate for reference). However the past year as an associate 2, I had personal problems and a borderline breakup amidst the pandemic that impacted my performance (probably a lot as much as I don't want to admit it- I'd say this was jsut with one job and one manager). It was a new job I was working on at the end of tax season that on its own was difficult and adding in the stress of personal problems made it almost impossible to work some days. All that aside I managed to get it done with the help of my manager. Blew the budget like crazy. Around this time we had the reviews done. The partner who did my review does like me and I've worked with him on a job that went well, so he was nice giving my review and assured me that negatives mean we are always growing to become better, etc. But my improvements were more than the "things I'm doing well" section of my review. Should I be concerned? I guess I just have no idea what's even considered bad or even neutral. On top of that I'm worried that since I did so well in my internship and the very beginning, I set myself up to be thrown off the pedestal. Let's be honest, once you're no longer an intern who doesn't know what public accounting really is like, and you have more responsibilities post college, it gets hard to ALWAYS be on your A game. No excuses to a bad worker, but setting the bar so high in the beginning feels like shooting yourself in the foot sometimes. Any advice or stories about other people's reviews are appreciated and welcomed! (And yes I forsure overthink everything) Thanks!! [link] [comments]  |
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