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    Home Unlabelled Accounting When someone asks me what I've learned in my Accounting program so far.

    Accounting When someone asks me what I've learned in my Accounting program so far.

    December 04, 2020

    Accounting When someone asks me what I've learned in my Accounting program so far.

    When someone asks me what I've learned in my Accounting program so far.

    Posted: 04 Dec 2020 03:04 PM PST

    Thanks Ned!

    Posted: 04 Dec 2020 04:00 PM PST

    Corporate Lingo

    Posted: 04 Dec 2020 05:22 AM PST

    In an audit room full of assholes, insane managers and useless clients - Ned Bigby, that's me, and my two worst colleagues try to do the impossible, create a guide that'll help you survive busy season.

    Posted: 04 Dec 2020 03:52 PM PST

    Life of an accountant/auditor.

    Posted: 04 Dec 2020 12:46 PM PST

    LinkedIn recruiters be like

    Posted: 04 Dec 2020 05:46 PM PST

    Associate/Senior Busy Season Dynamic

    Posted: 04 Dec 2020 06:20 PM PST

    Or if you work in public accounting, this would sum up every single day of your work life.

    Posted: 04 Dec 2020 08:20 PM PST

    Moment of silence for the KPMG audit team with this guy as their client

    Posted: 04 Dec 2020 07:04 PM PST

    Does anyone else feel like a dirty little slut applying for jobs while employed?

    Posted: 03 Dec 2020 11:06 PM PST

    I've had 2 job interviews this week and it feels a bit like I'm cheating. WFH makes it super easy to schedule calls throughout the day, so I've been able to schedule it so I can just take an early "lunch" and hop on a Zoom call for an interview.

    There's something exciting about sneaking around, hoping that my manager doesn't catch me talking to other companies. The thrill of lying about "Doctor's appointments" gets my adrenaline pumping.

    But I'd be lying if I said there wasnt a little part of me that hopes I get caught and punished.

    I feel so naughty. It's like I'm Deloitte's little whore.

    submitted by /u/Thick_Reward_69
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    Everyone here

    Posted: 04 Dec 2020 10:41 AM PST

    New accounting grads, NEVER take an A/R analyst role once you’re out of school

    Posted: 04 Dec 2020 04:19 AM PST

    Myself and a few other colleagues settled on taking an A/R analyst role right out of college due to the fact we could not find any staff accountant job. While the starting salary may look nice (50-60K), it never goes up from there. The only next progression in this job is a manager, which takes many years of experience. In addition, the A/R skills are not marketable to Accounting jobs and I been trying to land a Staff accountant job for about a year now. Many recruiters will contact you for an A/R job right out of school, but do not fall for it. It's a deadend position that will soon be automated as well.

    Just my 2 cents for accounting grads!

    submitted by /u/Imper000
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    You’re not alone

    Posted: 04 Dec 2020 10:22 AM PST

    I want to start by saying I am a software developer. I originally followed this subreddit because I thought it would be full of math nerds like myself.

    Instead I see a lot of people complaining about their job... and the complaints are similar to a lot of us in software development.

    I know our jobs are different but you are not alone.

    submitted by /u/Christian4423
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    Trying to get analytic questions answered with someone who isn’t in the accounting department.

    Posted: 04 Dec 2020 08:02 AM PST

    The company told me there was a work life balance.

    Posted: 04 Dec 2020 10:11 AM PST

    Finally got my foot in the door!

    Posted: 04 Dec 2020 09:42 AM PST

    Hey guys! I finally got an accounting job. I started my job search right when covid-19 hit the US and it's been painful to say the least. I could honestly say I've submitted about 100 job applications and only got a few interviews. Luckily the job I was already working for had an open position and decided to give me a shot.

    I'll be joining their accounting department and they'll start me off in accounts payable. There will be opportunities later on for other accounting related stuff. I'll take what I can get and supper happy that I actually landed a job.

    They're starting me off at 37k salary which is decent in my area. I live in the south. Plus, I'll be finishing up my associates degree next week.

    Anyways, sorry for the rambling. Just can't contain my excitement.

    submitted by /u/TeachMeMerc
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    Time eater - in recovery

    Posted: 04 Dec 2020 02:20 PM PST

    To my fellow PA friends.... need advice on how you deal w/ the double edged sword of not blowing budget but also meeting your hours goals. I have a tendency to eat time in small amounts, and I'm dealing with consequences of that. I hear higher ups at my firm (mid-size) stress over budgets. I'm very conscientious about what I charge, but it's bit me in the ass and I'm behind on hours. I should be able to make most of them up during busy season, but it sucks to be pushing myself for no reason other than a dumb metric right now. I am a good worker and have had no performance complaints.

    The pay in public sucks. Aside from that, I'm most excited to exit to industry one day so I don't have to deal with mother forking timesheets anymore!!!

    submitted by /u/One_Adhesiveness_983
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    (CAN) Today is my last day at Big 4

    Posted: 04 Dec 2020 08:59 AM PST

    Hi All,

    I wanted to share my experience and journey as I leave the Big 4 in Canuck land. Us Canadians have it rough compared to our US folks in terms of pay and exit ops, so hopefully this thread gives a little hope for my other Canadian folks.

    For context, I am in western Canada in a MCOL (Smaller) city. I recently passed the CFE and if CPA approves my prior experience, I should have my hours. Although I wouldn't be shocked if they decline it and I need about 4 more months. Either way, here we go.

    Job 1: My first real job came at the ripe age of 20 when I joined a local credit union as a teller. I was stoked to get this job aw it paid about 16 dollars an hour. I was currently a first year in university while I worked PT at this job.

    Job 2: I was promoted several times during my time here during undergrad (6 years). For the last 2-3 years here, I was working fulltime and going to school part time. Hence why my undergrad took 6 years. By the end I was making 60-65K as an underwriter, which was a decent wage, however, I wanted to get designated, so I knew I needed to leave.

    Job 3: I hit the recruiting sessions and networking pretty hard and received offers for basically all big 4's in my areas and a few midsized. Ended up taking an offer at a big 4 for a whopping 35.5K. Big yikes – Often had a lot of regrets taking that pay cut but I knew I didn't want to be stuck at 65K forever.

    My first raise to a staff 2 was to 43K as a 2 rating (2 is good). My second raise to a senior was to 55.5K as a 2 rating.

    Job 4: I had every intention of staying until I got all my hours and letters for simplicity, but I came back from CFE leave and was absolutely destroyed by a garbage manager and garbage job. I'm talking like 11-hour days 6 days a week in October with no staff support which is not the norm for my office. Decided to say fug it and just start looking given the market was not so hot and it could take a while.

    Lucked out and landed a business unit controller at a public company about 2 months into search. New comp is ~90K.

    Things I liked about public

    — Coming from retail banking, there is some duuuumb people. At the Big 4, very rarely do you find dumb people. There is something to be said about working with smart driven people. You don't find this most places.

    — I learned so gdamn much over the 2 years I was there. This was a gift and a curse as a high performer as I was severely dumped on, however, I wouldn't have the skills I do now if I didn't get this work.

    — The support is truly unparalleled – This goes for CFE (CPA) support, coworker's for guidance, and overall coaching/mentoring

    Things I disliked

    — If you're good, prepare to be dumped on

    — To go with point 1, in my office, the low performers don't get fired. They don't get pipped, and they don't get any worse ratings than a 3. Because of this, they basically get rewarded as managers don't want to pick these people up for jobs and in turn dump work on strong people. This is my most single hated thing about public as it creates a lot of resentment between people when some people are drowning and some are not.

    Takeaways

    Begrudgingly, I will admit, I would have NOT got this new job if I did not work for the big 4. In fact, the hiring manager (Group controller) is a big 4 alumni. So, the experience was valuable, and I wouldn't trade it in for anything. However, I am very happy to be leaving.

    What I don't understand is the people whom are miserable but don't leave. I have several co-workers whom are miserable and HATE so much about public accounting, yet they don't even apply at places. Is it fear? I'm not sure, but I don't get it. I feel like Big 4 has this phenomenon where they have this mental strangle hold on people.

    In either way, I can say that this work environment is not normal as someone whom has worked elsewhere. Get in, soak up as much knowledge and connections as you can and get out.

    ​

    TLDR:

    Big 4 public hard but you learn a lot

    There is hope for CAD people

    Get in, get your hands dirty, leave if you dont like public

    submitted by /u/big4maniac
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    Advice on how I can start looking into government accounting, what positions to apply for, expected salary if I’m in LA? I know nothing about government accounting.

    Posted: 04 Dec 2020 09:05 PM PST

    As the title suggests, I don't know anything about government accounting. I made the mistake of just wanting to do B4 like the herd, but I'm considering govt accounting I just don't know the pros/cons/what position to apply/ salary/ etc.

    You guys are awesome and help me so much. God bless you all. Wishing everyone here safety and health at all times

    submitted by /u/KobeMamba1997
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    If you’re in audit

    Posted: 04 Dec 2020 10:31 PM PST

    Probably relevant

    Posted: 04 Dec 2020 03:32 PM PST

    Audit Senior rant

    Posted: 04 Dec 2020 12:35 PM PST

    You know what? It's friday. I got a fuckton of workload I haven't done in time for my own idiocy. I basically have severe mentall illness which isn't bad, the thing is, I had years of therapy that helped me learn how to work and stay focus. All of that disappeared with the pandemic. Where I live we got very tight policies, I haven't seen an office in almost a whole year. I've had to learn how to work from scratch, and I still can't focus.

    Add that up to not being a good enough senior in the eye of managers and partners. And staffs under my wing knowing I am extremely insecure. I try to make up for that by being as much humane and friendly as I can be. "How are you, how was your morning, how are you feeling, do you need some help on that, don't feel afraid to ask me". I genuinely mean all of this when I say it. I hate just giving orders.

    Then I'm not even good, I'm a liability to my employer. I've tried to kill myself multiple times and I am a drug fiend. Plus the major depression with psychotic symptoms and borderline personality disorder as a fucking full ass grown man. And even like that, I love my employer, I love working Big 4. I might be a big fuck up, but I got a false sense of pride in my work. I feel like I can be normal just like you by auditing this big ass clients. Money is not even good, I basically make $1k USD a month after taxes because I live in the third world. Drinking myself to stupor right now.

    And I've learned something. It's not how you handle despair. It's facing despair and looking at it right into its eyes, keeping your chin high. That's what has helped me. If despair is natural, it's only natural to embrace it. Also don't mix benzos with painkillers and hard liquor, you might end up addicted.

    submitted by /u/CoachJohnMcGuirk69
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    EY First Round (Prerecorded) Interview

    Posted: 04 Dec 2020 07:29 PM PST

    I have an upcoming first round (prerecorded) interview with EY for their early externship program. I think I might want to do audit, but I'm not sure. Does anyone know what questions they might ask? Any advice and tips would be appreciated. Thanks!

    submitted by /u/stevenj17
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    I’m not an actual accountant or anything, but I’m feeling pretty good about this accounting test score I got today :)

    Posted: 04 Dec 2020 11:41 AM PST
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