Accounting When you get asked in B4 if you will stay at the firm after getting promoted to Senior |
- When you get asked in B4 if you will stay at the firm after getting promoted to Senior
- We just got called out....��
- Mood at this point in busy season - being fueled by coffee alone
- I got a raise today after my boss said he wanted to have a ‘quick catchup’
- - M O O D -
- Just imagine documenting this in a working paper.
- Bill your value.
- Accurate?
- I’m so happy !
- Found our anthem
- I'm a trainee auditor, I knew this would be no picnic but I have a serious concern after 5 months, please advise
- Is it time to quit? Is this a valid reason?
- Don't be mislead into thinking your suffering will be necessarily rewarded
- Need to find a way to switch into PE, advice needed
- Amazing Worklife Balance vs Career Ladder
- How to quit
- How to avoid being a cog in the machine
- If I don't want a high position job, is one year in public okay?
- Anyone else have no idea about what they want to do?
- [Academic] Job Satisfaction Survey (US 18+)
- Pre-Internship Survey ?
- How bad is accounting really?
| When you get asked in B4 if you will stay at the firm after getting promoted to Senior Posted: 03 Feb 2021 01:05 PM PST
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| Mood at this point in busy season - being fueled by coffee alone Posted: 03 Feb 2021 09:32 AM PST
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| I got a raise today after my boss said he wanted to have a ‘quick catchup’ Posted: 03 Feb 2021 03:07 AM PST | ||
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| Just imagine documenting this in a working paper. Posted: 03 Feb 2021 07:53 PM PST
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| Is it time to quit? Is this a valid reason? Posted: 03 Feb 2021 01:20 PM PST Currently work at a small firm. Boss isn't too fond of the Coronavirus and tends to downplay its seriousness. I do not WFH so I have to come to work physically each time. My boss recently brought up that there are more vaccinations than there are cases. He wants everyone to open back up and let "my generation die off instead" (referring to us millennials) I was taken aback by this statement and I expressively showed my disdain with my facial expression. Much to my chagrin, my boss just doubled down on his position and said something along the lines of "your generation parties too much anyway so you deserve to die of COVID." [link] [comments]  | ||
| Don't be mislead into thinking your suffering will be necessarily rewarded Posted: 03 Feb 2021 04:06 AM PST Its peak season now so I'm sure a lot of people here are suffering right now. However its ok right? If I can just endure the pain I will eventually be recognized and rewarded for it right? Well kinda but it depends. You see in public accounting everyone is suffering so you don't get to stand out. I'm here to give you something to consider though. Lets say we have a suffering benchmark amongst staff. Those who are excessively above the benchmark may not be rewarded well while those are below it not suffering as hard may be rewarded very well. That doesn't sound fair does it? But unfortunately there's a degree of truth to it. Although there are many staff, everyone has a different experience based on industry, client and of course the team you are put in. This can be heavily based on luck or if you somehow have guys above grooming you to be the future of the firm. And sadly the first or second may make or break your career in Public Accounting. If you're the lucky one you might get a better engagement like Auditing JP Morgan, Google or Walmart. Now I don't know exactly if they are easy engagements. However since they are so big and important it means as part of the team, you will have a lot of resources and support given. There will be a wealth of experience and things to reference from. Chances are you will have experienced and top performing managers etc who actually know what they are doing to guide you. In other words the journey is expected to be smoother since everything has been planned and prepared well. And of course telling people you have experience completing Google's audit from start to finish will do very well for engagement experience to boast about especially if you are senior above where you can get exposure to some really cool stuff. Means more big names will feel comfortable about booking you. Basically its a gift that keeps on giving. Contrast this to some Sketchy Manufacturing firm that has fraud and going concern issues. The partners couldn't really give a shit but have to do it. You get lower budget, less support, a damn hard client where everything is all over the place and probably seniors who are only there coz there are no other jobs for them to do. Its gonna be a way rougher ride here. And yet you're expected to just somehow manage through it all. And even if you survive miraculously, coz its not a big enough name, you might not get the recognition you deserve coz no one knows how hard your journey was. And if didn't perform well, its only get harder for you. So yeah. If you find your excessively suffering, ask yourself is this actually worth it. Because extra suffering doesn't seem to pay off very well. Thats why many always try to find a way to get on one of the smoother clients to the point they might even try jumping firms. [link] [comments]  | ||
| Need to find a way to switch into PE, advice needed Posted: 03 Feb 2021 08:07 PM PST I started in audit and did that for 1.5 years at a big 4 and then switched into FDD and liked it a lot more. I didnt dislike anything particularly about audit asides from the fact that there was nothing exciting about it. Anyways, switched into FDD and it was a lot more value add, atleast for me. Everyone gets different experiences, I got to work on some internal projects that were pretty interesting and value add and just in general had to think more. Now, just over 2 years later, I am a manager and thinking about my next step. I really wanna do PE, because it sounds more exciting and will definitely put me through another interesting learning experience. I dont wanna do IB and then make the switch, any advice on things I can do to get an in? I dont care if its outrageous. [link] [comments]  | ||
| Amazing Worklife Balance vs Career Ladder Posted: 03 Feb 2021 08:04 PM PST Throwaway but currently having an epiphany... Currently working as a Sr. Accountant in the Chicagoland market making just north of $100k/year. Like others I'm currently working remote but have confirmed our company is subleasing the corporate office and moving to permanent remote work. Only thing is the company hasn't offered raises in 2+ years and I've somewhat maxed out my current potential here without going into management. Do I stick it out with a company that may or may not offer raises in the coming years or try to move up into management where I'm likely to make no additional base pay but see upwards of 15%+ increase in compensation through higher bonuses (and a requirement to work on site). Normally I'd be shooting for that next step on the ladder in a pre-Covid world but I currently do roughly 5 full days of work during month-end close and then MAYBE 5 hours of work a week the rest of the month. Its been great spending all that extra time with the family, doing all the housework on company time and getting into shape. While a great setup I'm worried that settling in my mid 30's with decades of work to go is hampering future earnings potential. But the ability to get paid to do practically nothing is unlikely to come along again. Anyone else have this experience or advice? Climb the ladder or lay in the hammock til they kick you out? [link] [comments]  | ||
| Posted: 03 Feb 2021 06:56 PM PST I'm a senior in audit in the Big 4 and am probably quitting after this busy season. My managers and partners are starting to have conversations with me about what clients I want to work on next year and my plan for preparing to get promoted to manager, and I never know what to say since I'm pretty sure I'm quitting. Do I play my cards close to the vest and just tell them when I hand in my two weeks? Or do I give them a heads up that I'll be looking elsewhere so they can plan around that? I don't have any bitterness or have a desire to stick it to anyone, they've all treated me well I just hate the work so I'd like to do it in the nicest way possible but also don't want to tell them too early and get screwed somehow by getting put on all the shots show clients on my way out or anything. My biggest concern is the partner I'm working for now who seems to take people leaving personally and bad mouths everyone who leaves. [link] [comments]  | ||
| How to avoid being a cog in the machine Posted: 03 Feb 2021 10:24 PM PST Hey fellow accountants, so it's busy season again, and for a good part of us it never ended anyway. Just wanted to know how or what everyone else is thinking about doing this accounting thing over and over again for the most part of our lives? This sounds incredibly privileged, but the realization that we're just another cog in the machine whenever we come to work for an employer (big 4 or industry, doesn't really matter) is both sobering and depressing at the same time. Sure, it pays the bills, puts food on the table and everything, but is that all there is in life? I'm rehashing these thoughts over and over in my head while waiting for final job offers from prospective employers (industry). I did my time in Big 4 advisory for more than three years and I'm sure things will be better in private, but things just feel so different especially now during the pandemic. [link] [comments]  | ||
| If I don't want a high position job, is one year in public okay? Posted: 03 Feb 2021 05:06 PM PST I've been in public since September. I don't mind it as much anymore but just the thought of doing busy season again is giving me anxiety. I started once busy season hit and just got fucked. I couldn't sleep, I was so slow with every task, my associates had to finish multiple tasks for me, and it was just an overall a horrible experience. I don't want to go through that again but this time be expected to know what I'm doing. I also don't like the hours, so my original plan of staying until senior seems out of reach lol. I passed all the CPA exams but just need the one year of experience. I really just want a decent paying 40 hour a week job. If I leave public after a year, will that be harder to get rather than if I stayed for 2+ years? Thanks. [link] [comments]  | ||
| Anyone else have no idea about what they want to do? Posted: 03 Feb 2021 06:08 PM PST In accounting whether its public or industry. I just have no idea how I want to proceed with the next few years in my career. So many conflicting feelings. I work at a regional firm as staff and love it. Friendly people and great hours. Even in peak busy periods it's still very manageable by comparison to other firms. Part of me really wants to experience a large PCAOB audit at B4, but I know the hours are horrible and I'd absolutely hate that aspect. I'd dread signing an offer knowing the next 2-3 years of my life would be miserable until I could get out. The mental health toll wouldn't be great either and idk if I could handle 2 or 3 years of that. If I went that route I'd definitely exit into industry and I'd have the B4 resume label to give me a boost. Idk if I always want to be in public, and I just feel like I'd have a very hard time finding an opportunity with only regional experience and no B4. I feel pushed to leave my happiness, life, and mental health behind for 2-3 years to chase a resume level and the satisfaction of knowing I at least experienced a large public audit. Later down the road in my career it might be too late to get the B4 experience. Idk why I'm drawn to B4 experience when I know it would make me miserable. Can't have it all I guess. Does anyone else feel like they have an existential crisis over their career decisions? I can't be the only one right? [link] [comments]  | ||
| [Academic] Job Satisfaction Survey (US 18+) Posted: 03 Feb 2021 07:27 PM PST Hello everyone! Would you please mind filling out this survey for my thesis research? You are a perfect population for my study. As an incentive for participation, you can enter a drawing of 4 $50 Amazon gift cards. Thank you!!! More information about the study below. [Academic] Job Satisfaction Survey for Individuals Working for Corporations in the United States. (Anyone living in the US that's 18 years of age or older) This online survey focuses on understanding what factors affect levels of job satisfaction for individuals working in corporations in the US. You will be asked to answer a series of questions about your level of satisfaction toward various aspects of your work environment. Please be assured that your responses will be kept completely confidential. The study should take about 15-20 minutes to complete, and you will be entered into a drawing to win one of four $50 Amazon gift cards for your participation. Thank you in advance for your time and consideration! The link to access the online survey: https://pennstate.qualtrics.com/jfe/form/SV_exNLOx9TQjm6fPf [link] [comments]  | ||
| Posted: 03 Feb 2021 09:31 PM PST Hello, I am an incoming audit intern and the firm just sent me this pre-start survey and one of the questions was what kind of industry team preference I prefer out of financial services, bio-tech, technology, and utilities. Did you guys get asked similar questions prior to your internship? How did you determine what industry you preferred? [link] [comments]  | ||
| Posted: 03 Feb 2021 04:32 PM PST I'm about to enter my last year on my journey to graduating with an accounting degree, and during my time on this subreddit I have encountered almost nothing BUT extreme negativity about the profession. Does anyone mind elaborating on those complaints, and for those who actually enjoy their jobs as accountants, what makes you like it? Thanks [link] [comments]  |
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