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    Accounting me rn

    January 06, 2021

    Accounting me rn

    me rn

    Posted: 06 Jan 2021 01:33 PM PST

    When my coworkers are looking for a file that I didn't put back in the correct spot bc I am lazy but know right where it is

    Posted: 06 Jan 2021 08:30 AM PST

    Quitting the firm the second you get your letters

    Posted: 06 Jan 2021 06:03 PM PST

    As democracy crumbles...

    Posted: 06 Jan 2021 12:29 PM PST

    "Okay, now I'm just going to put you into some Breakout Rooms"

    Posted: 06 Jan 2021 11:35 AM PST

    Starting tax season with no replacements for the ones that left.

    Posted: 06 Jan 2021 09:11 AM PST

    Internal controls are NOT effective

    Posted: 06 Jan 2021 06:26 PM PST

    I didnt get a full-time offer from a 2020 Busy Season Internship

    Posted: 06 Jan 2021 12:22 PM PST

    Hi all, I realize that lots of students are starting their first public accounting experience. I did too, last year at a regional firm in Texas. As you can see, lots of us didn't receive a full-time offer due to COVID-19. I was very devastated because I felt like I did a good job and still stayed in touch with people I worked with. Lucky for me, I re-did recruiting this past fall 2020 and received a full-time offer from EY. So, the regional firm that didn't offer me full-time can literally suck a$$ lmaooo.

    Anyway, good luck with busy season! Life has a good way to work itself out.

    submitted by /u/pikeguy98
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    Who else does this

    Posted: 06 Jan 2021 10:11 AM PST

    Apparently Kid Rock was NOT happy about being audited...

    Posted: 06 Jan 2021 07:24 PM PST

    How hard is it to get fired for performance?

    Posted: 06 Jan 2021 02:07 PM PST

    As long as you are kinda doing work that is sometimes good, you will not get fired. If your performance sucks, most companies will give you a warning before firing you. Just work a little harder after you get that warning and you're good.

    submitted by /u/giantdickinmyface
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    Tax Reform 2021!!!

    Posted: 06 Jan 2021 07:50 PM PST

    Now that we are finally getting comfy with TCJA, whose ready for it all to be blown the fuck up with the tax reform that is almost now guaranteed??

    Personally I'm getting a chubby thinking about all the panicked phone calls from clients, complaining from clients about how fucked their situation is now like I'm the one who wrote the law and can do something to change it. I'm pumped. Whose with me?

    submitted by /u/HTXCPA
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    Southern CA salaries

    Posted: 06 Jan 2021 08:24 PM PST

    Hi everyone I live in Southern CA and I feel I'm grossly underpaid and I wanted to see what others were earning. Its my first accounting job and its at a tribal casino so they don't have to play by state rules. I'm a Staff Accountant with 2 years in the position and I'm making a 51.5k salary. I know the state minimum for exempt employees is now 58k and next year jumps to 62k.

    submitted by /u/bertmoon76
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    Do most people just look busy all day or what?

    Posted: 06 Jan 2021 06:52 AM PST

    I'm three months into my first full time accounting job. At first it was a struggle but once I got things down it's realistically like maybe 30 hours of actual work per week... Is this it basically???? Looking busy and being on reddit all day?

    submitted by /u/Kckc321
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    Fool me once.

    Posted: 06 Jan 2021 05:11 PM PST

    So I received a tentative offer from the IRS...

    Posted: 06 Jan 2021 05:12 PM PST

    Man am I disappointed.

    My background: licensed CPA with 2+ years of experience in sales tax auditing.

    So I applied to the IRS 6 months ago and got the tentative offer today and here is the salary: 41k a year + locality pay.

    Note I live in SoCal. Is this offer for real? Are they expecting anyone to take this other then desperate college graduates? Please tell me I'm mistaken and have got it wrong. I currently make 60k at my current place. I completely nailed the interview and gave them more than extra info on auditing techniques and this is what it amounted to? Maybe I should've gone into medicine or some crap that paid better.

    submitted by /u/isdcaptain
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    Tax vs property accountant

    Posted: 06 Jan 2021 07:53 PM PST

    Hello,

    Has anyone worked the tax function in public accounting and as an accountant for property management firm?

    I trying to figure out which one has a better work life balance. I currently work as a property accountant, doing month end close and etc for 10 properties. I feel like the busy season never ends.

    I wanted to know how it compares to working as a tax accountant. I've never worked in tax but, I want to. I know the usual busy season in public accounting environment, but I was looking for an overall opinion. I wanna work in tax and studying for the cpa exam now, but I'm afraid If I jump to public accounting, the work life balance would be worse.

    Thank you!

    submitted by /u/Ok-Cloud-7261
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    VITA Volunteer

    Posted: 06 Jan 2021 03:11 PM PST

    Hi! I am a senior student majoring in accounting. I have no work experience so I decided to be a tax preparer at VITA. Has anyone ever been work as a volunteer at VITA? How was the experience? I been reading the materials for the basic exam but I felt overwhelming by the materials, it's so much information that I need to remember.

    submitted by /u/Useful_Mark_1422
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    My Lemkey 10-key came in today. I’ve been impressed with it so far.

    Posted: 06 Jan 2021 11:57 AM PST

    Did I pass REG?

    Posted: 06 Jan 2021 07:19 PM PST

    So I took REG on Dec. 30th. This was my experience:

    Teslet 1: Flagged 5-8

    Teslet 2: Flagged 10-12. I want to tell myself it got harder, just because I flagged more and some questions like mom and pop and S corp basis coupled with personal loans were things that you HAD TO KNOW and analyze and think about, but again who knows if I got second harder teslet.

    Now for the horror SIMS;

    Teslet 3: out of 6 boxes maybe 1-2 correct. Sim 2: 1-2 correct out of 5 boxes.

    Teslet 4: sim 1 guessed on everything, put all zeros. Sim 2: this was the research question and I know I got 100% on that one. Sim 3 maybe 2 boxes out of 5 correct here.

    Teslet 5: Sim 1; 3-4 correct boxes out of 8. Sim 2: 100% correct. I know I got this sim all correct. Was an entity partnership sim. Sim 3: 1-2 correct out of 6 boxes.

    Again, I only feel 100% on 2 sims, which includes the research. Based on what I described, do I have a chance? Anyone with similar experience and passed? The flagged questions were flagged just because I wasn't sure. Thanks!

    submitted by /u/Cpaexam4
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    Don’t you just love it when the Accounting software shits the bed at Year-end?

    Posted: 06 Jan 2021 08:33 AM PST

    Yayyyyyyyyyyyyyyyyyyyyyyy /s

    submitted by /u/itsajokeyall
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    Work from home policies

    Posted: 06 Jan 2021 05:17 PM PST

    How are your firms treating work from home now? Are most people back in the office, is it kinda split, or is it entirely wfh?

    submitted by /u/Eatsleepstudyagain
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    Core Auditing vs Internal/Non-Assurance

    Posted: 06 Jan 2021 06:19 PM PST

    Just looking on some opinions from those who worked in an accounting firm in either core audit vs internal audit or other risk assurance areas (ITGCs, BP).

    A couple questions:

    1. From those that switched from risk assurance to core how was the change? Not necessary the work load as I know generally core has more hours especially during busy season. But more so wondering about the difficulty of the what. Was is hard to switch from risk assurance to core engagements?

    2. What are the various exit opportunities for both and salary comparisons?

    submitted by /u/sunflowr13
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    "So how's working going?" Rant.

    Posted: 06 Jan 2021 04:40 PM PST

    Gee, I don't know. Considering you've been interrupting me every 5 minutes with a tweet you read or some random thing you found out, then when you finally realize I'm just nodding along and ask me how work is going, what the hell am I supposed to say? Because I don't really know how work is going because I can't get half an hour to actually fucking do something.

    ​

    Jesus Christ I'm so over this work from home shit. I swear I have to pretend like I'm on a call just to get some time uninterrupted. Like yes, I also don't like public accounting, and am always up for saying how much I can't wait to leave. But that doesn't negate my current responsibilities and the fact I still have work I need to put some brain power into; something I cannot do when you JUST KEEP READING ME TWEETS OR COMPLAINING ABOUT RANDOM SHIT.

    ​

    /rant

    submitted by /u/JustGottaRantt
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