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    Accounting "Team player"

    December 06, 2020

    Accounting "Team player"

    "Team player"

    Posted: 06 Dec 2020 12:38 PM PST

    The dark side of the force is a pathway to many abilities some consider to be unnatural

    Posted: 06 Dec 2020 05:33 AM PST

    There is one thing is I miss about audit rooms... snacks I don't have to pay for.

    Posted: 06 Dec 2020 01:16 PM PST

    Lots of fun with people being confidently incorrect about tax laws in this thread

    Posted: 06 Dec 2020 03:38 PM PST

    No salary raise this year? Grass is greener on the other side.

    Posted: 06 Dec 2020 08:31 PM PST

    17% raise. Switching firms and a better industry.

    I refused not to be compensated for the work I've done the past year, so I jumped. You should too.

    submitted by /u/Endura_GW2
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    I failed you, r/Accounting. I tried to spread the holy word and got shot down.

    Posted: 06 Dec 2020 09:23 AM PST

    Does D seem right to anyone else?

    Posted: 06 Dec 2020 05:29 PM PST

    Recruiters aren’t playing around anymore

    Posted: 06 Dec 2020 09:19 AM PST

    Company will be remote all busy season. LOL

    Posted: 06 Dec 2020 09:07 PM PST

    New large public firm I just started at. Won't see the office until atleast the summer!

    I really want to meet people but then again no commute saves me about $6,000 a year!

    I assume you all in public are working remote this busy season?!

    submitted by /u/kabooooomy
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    Has anyone made the jump into B4 after a few years experience?

    Posted: 06 Dec 2020 09:31 PM PST

    I see so many posts about getting out of B4 after a few years so I'm curious how common it is for people to get into B4 at a management level?

    submitted by /u/sairene27
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    Anxiety and Public Accounting?

    Posted: 06 Dec 2020 09:59 AM PST

    I started working at a big4 in audit a couple months ago, I have never really had problems with anxiety before. All weekend I have been having the worst anxiety about going to work on Monday. I already know I am going to have 6 different seniors and experienced staff all give me "quick little tasks" at once. What does everyone do to relax on the weekends?

    submitted by /u/cpasucks9089
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    [Serious] Does anyone else feel like they're going to be stuck making $45K forever and retire poor...

    Posted: 06 Dec 2020 05:50 PM PST

    This is probably my career anxiety speaking - but it's a very real fear I have.

    I'm at a "senior" job level at my firm.

    Beyond the covid situation, raises are small. No bonuses.

    I'm fearful that I will be strung along for years and years of "almost" being promoted to manager, and my anxiety about giving up job security would prevent me from leaving.

    Suddenly before I know it I could be 30 and barely making more money, and will be getting passed up for advancement by younger staff. External companies will wonder why I haven't progressed enough, and will refuse to hire me - prohibiting me from getting a raise from switching.

    Am I insane or does anyone else have this fear.

    submitted by /u/ItsAccrualWorld-4806
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    Office Chair/Monitor Recommendations

    Posted: 06 Dec 2020 06:31 PM PST

    Planning on upgrading WFH setup for upcoming busy season.

    Looking to spend up to 200 on a chair (I'm 6'1) and as little as possible on monitors as long as good quality. Not sure whether to get one extra wide monitor or two separate normal sized.

    Any recommendations welcome!

    submitted by /u/sayonarasammie
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    Regret Accounting

    Posted: 06 Dec 2020 09:47 AM PST

    Does anybody regret accounting and wished they had done computer science?

    submitted by /u/AutoAutoA
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    Career change option from accounting?

    Posted: 06 Dec 2020 10:29 PM PST

    Has anyone made a successful change from accounting to anything else? I worked in public accounting for 2 years and switched to industry for a little over a year now. I thought it'd get better and it did, but I'm learning that this life isn't for me.

    Currently looking at any other career options. I graduated with a double concentration in accounting and information systems but haven't really used my IS skills at all since college. I'm thinking about enrolling in a coding boot camp but don't know if I can become a developer or data analyst with just this.

    But I'm also open to any other options. Just want to hear some successful stories that I could take inspiration from

    submitted by /u/icecreamguy112
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    I resigned and in my notice period, my manager asked me to work for next year's project

    Posted: 06 Dec 2020 10:15 PM PST

    I resigned recently and in my 2 week notice period, my manager asked me to work for next year's project.

    This is the project I did once last year. I completed it all by myself. Because at that time, nobody trained me, i have literally zero hour training on this. I figured it out all by myself. It was a three month project. And then I documented a very detailed memo about it.

    In my resigning 2 wk notice period, I shared my memo with the team, and gave 2 hours training to the team and my replacement. I don't know why they insist me to start work for this project myself. I feel like I dont want to work for it more. But I dont know how to reject it.

    I just want to resign smoothly without making a fuss, and I absolutely don't want to burn the bridge.

    submitted by /u/blur233
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    Depreciation understanding

    Posted: 06 Dec 2020 04:14 PM PST

    So, we've been going over depreciation and accumulated depreciation in class, (I'm quite new to accounting) but I'm not quite sure what it actually means/ does in our journal entries. I looked online but I'm still finding these accounts confusing. Can anyone explain what they are and what they do?

    submitted by /u/PanChiN0
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    Weird Interview - Need Advice

    Posted: 06 Dec 2020 12:54 PM PST

    Long story short I was called in for an weird interview at a independent firm which lasted 1.5 hours where I was told that there was no position currently but that the Partner wants me to gain National/Big4 Public Accounting knowledge and expertise and contact him in a few years after I get my designation. as the other Partners will be retiring around then. Basically saying he doesn't want to invest in my CPA journey and just wants to reap the benefits. I have no interest in working for B4 because they're just a glorified sweatshop/Slaughterhouse up here in Canada and I would prefer a smaller firm that doesn't want to take complete advantage of the fact that CPA student are exempt from all Labour Standards.

    I'd like to send him a follow up email thanking him for the interview (even though it was a total waste of time) but also find a professional way to tell him that if he's not willing to invest in me now then I would have no reason to want to go there. It was all just so Bizarre and I am just looking for some advice on how I could word this professionally without explicitly telling him to pound sand? Any tips are appreciated

    submitted by /u/redditqueen88
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    Advice to get into the accounting field

    Posted: 06 Dec 2020 07:44 PM PST

    Hello all,

    This is my first post on this page, I haven't been here long.

    I am an active duty service member in the Army but will leaving the Army by September '21. I have served the past 7 years, enlisted as a medic. I completed my bachelors (BS Business Management) while on active duty and just finished my first class of my MBA at LSU-Baton Rouge this weekend.

    Throughout my bachelors, I took a liking to the accounting and finance classes. I think that's the world of business I want to move towards when I get out of the Army. Given my limited work experience in the field of accounting, I want to maybe put my MBA on hold and complete a grad certificate in accounting online or do the two concurrently. I think the certificate will help me pad my resume during my transition and assist me in landing a decent position to support my family through my leaving the military.

    What are some online programs you all would recommend? I'd rather do it cheaply, if at all possible. I would like to use my GI Bill to pay for my MBA and not the certificate.

    If you're against a certificate program, what are some ways I can demonstrate to a potential employer my knowledge in accounting when going through the interview process?

    Any help in this matter would be greatly appreciated!

    submitted by /u/indeedrelentless
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    I called my mom and told her that I want to transfer to another department in finance and the first thing she asks...

    Posted: 06 Dec 2020 09:35 PM PST

    ........

    "Do you have to work more?"

    Not what's the position, how much you will take home, whether there's a title bump.

    I love you mom. And i haven't seen you in 1.5 years because of bloody Covid.

    submitted by /u/reginafilange89
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    One CPA exam left. No idea what to do next

    Posted: 06 Dec 2020 08:51 PM PST

    I graduated undergrad (3.8 gpa) and macc from a top 15 public university, interned big 4, and have passed 3/4 CPA exams. I was unable to start at the big 4 firm due to a sudden death in my family that lead me to have to move to a different state. I then worked in industry for 1.5 years but the job since ended. Now I have no idea what to do between the pandemic and feeling like I've lost out on a great opportunity. There's very few entry level job postings right now so should I contact recruiters and ask about 2021 opportunities after I finish my CPA? Any advice appreciated!

    submitted by /u/futurecpain
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    We Can't Keep Giving Away Red Flags in Job Descriptions

    Posted: 06 Dec 2020 01:56 PM PST

    What happens when we talk about this so much on the internet people posting the jobs catch wind and stop including terms like Rockstar, Work Hard Play Hard, and Family?

    Dodging bullets when it comes to jobs can be hard enough, I am at least somewhat thankful when I see these and know better than to apply.

    submitted by /u/ChicoRusty
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    Big 4 Tax Busy Season - What's your experience?

    Posted: 06 Dec 2020 04:04 PM PST

    What has your experience been with B4 tax busy seasons?

    I know this may be hard to say since times have changed with COVID implications (speaking for both taxes themselves and WFH/office culture), but what do your busy season hours look like vs. off season hours? Is there any benefit to the fact that tax deadlines are known so far in advance? Does that kind of mitigate the "busy season mad dash"?

    As a new hire, I know that things are going to get pretty...hectic after the holidays. I feel like with WFH this could go 1 of 2 ways:

    1. I'm not going to get much work because who's going to feel like explaining it virtually to the new hire?
    2. There will be zero boundaries (as if there were any before) because the physical barrier between work and home is now non-existent.

    Give me your experience/tips/advice for navigating my first busy season in the next few months! Thanks!

    submitted by /u/pghbby
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    Mom's CPA (for very small tailoring shop) of 20yrs retired so she hired a new one. The new CPA convinced her to switch from S Corp to LLC. Was this a good move?

    Posted: 06 Dec 2020 02:20 PM PST

    My mom has had her tailoring shop (for adjusting clothing, upholstery, etc) for over 20 years.

    I'm not exactly sure what the situation was but the CPA/the CPA firm she used for 20yrs retired last year and I think was acquired by another CPA firm/CPA business that gained all of their clients. In December 2019, the new CPA convinced her to switch from S Corp status to LLC beginning in 2020 by telling her that she would save on taxes and that the old CPA should have done this for her a long time ago.

    I'm skeptical of this new CPA/the firm because it has been difficult to get straight answers about their fees and other questions.

    Was changing to an LLC a good idea or did the new CPA make her do this so they could collect fees? Really appreciate any insight.

    submitted by /u/saladcircle
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