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    Accounting Gold diggers don’t know accounting..

    March 06, 2021

    Accounting Gold diggers don’t know accounting..

    Gold diggers don’t know accounting..

    Posted: 06 Mar 2021 08:29 PM PST

    Partners don't want you to know this simple trick!

    Posted: 06 Mar 2021 07:07 AM PST

    Uptight and judgemental

    Posted: 06 Mar 2021 05:05 AM PST

    Reddit is hiring an Assistant Controller

    Posted: 06 Mar 2021 12:23 PM PST

    One of you more experienced folk get it!! https://www.linkedin.com/jobs/view/2418261217

    Also, it says they want experience with public companies hmm are they going public?

    submitted by /u/AccrualPlayer1
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    6 months ago I was a receptionist

    Posted: 06 Mar 2021 08:27 AM PST

    Now I'm 55 hours into my week as a tax accountant at my same firm and have about 10 more to go on this lovely Saturday. I've learned so much (and will continue to) and I fucking love it!

    submitted by /u/champagneguardian
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    Employee Appreciation

    Posted: 06 Mar 2021 02:26 PM PST

    It was employee appreciation yesterday. I work in advisory for a midsize. Emails come pouring through about how thankful they're to have us. I do not feel appreciated in the slightest bit. Almost every partner in the firm weighed in on their appreciation and how our efforts are helping the firm in so many ways.

    I put in insane hours into this job and I know everyone else is too. I can't help but feel that if I take this energy and made it applicable to my own life how successful I'll be. Or take on a job that asks for less hours worked. I'm very close to where I want to be in my career but it's been draining.

    Anyone else felt this way?

    submitted by /u/Jolly_Reveal_8062
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    Leaving public

    Posted: 06 Mar 2021 03:24 PM PST

    Hey Reddit. I've been working in public accounting now since September 2019. I'm currently in my second busy season and I'm done. My anxiety is through the roof and mental health is declining because of the work overload. I'm constantly stressed out whether I'm working or not.

    To top this all off, my performance is declining due to all the stress and anxiety. My manager had a conversation with me saying that he feels like I'm not doing my best and basically saying that the work I've produced sucks. He's also under the impression that I don't take things seriously(??) I'm staying up until 1-2am every night just to get as much done as I can. At the end of the day, my work just isn't good enough for him and he doesn't care that I'm putting in 16+ hours everyday. And I'm only booking 12 hours in my time instead because the last time I booked all my hours, I got yelled at for "spending too much" time on a certain tasks. I feel like I'm not getting supported anymore and I feel like the work I'm doing doesn't mean anything. So I've decided to start applying to industry jobs.

    submitted by /u/Glittering-Average91
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    Don’t sleep on Main Street Tax Firms

    Posted: 06 Mar 2021 12:16 PM PST

    A lot of complaints on here about unfair treatment, unfavorable hours, poor compensation, etc. are centered around larger firms. I recently started working at a local tax office and absolutely love it. My boss is a former F500 executive who worked internationally and owns our local practice. Everyone in the office is genuinely like family, the compensation is great (and I'm still studying for the CPA, with costs reimbursed), and even busy season hours max out at 60/wk. We may not work on the most complex of clients, but everything is interesting and I feel like we genuinely make a difference for a lot of small business owners in our area.

    Might be a good exit opportunity for those of you sick of B4/larger firm life!

    submitted by /u/scarykitten39
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    I don't want to brag but...

    Posted: 06 Mar 2021 05:33 AM PST

    It’s the most wonderful time of the year

    Posted: 06 Mar 2021 01:53 AM PST

    Mr. Beast "sold" houses for $1 apiece - Tax question

    Posted: 06 Mar 2021 02:53 PM PST

    Video referenced: https://youtu.be/vJH28ICkCdU

    Assuming the video is real, if Jimmy (aka Mr. Beast) actually purchased a residence at FMV and immediately gave it away (or "sold" it for $1) - what would be the tax implications for this transaction?

    Would the buyer report the difference between FMV of the house and the $1 paid as a type of imputed income? Or would Jimmy be able to take the $3,000 limit on investment loss and essentially have a lifetime supply of carryforward? OR would this be allowable as any form of a 60/50/30/20 percent charitable deduction (and which one?)

    Again, this all assumes the video is real. Please suspend disbelief for the purposes of this question.

    I'm a 4th year accounting student, and every time this guy uploads a video, I have a host of tax questions cross my mind. What do you think?

    submitted by /u/3_7_11_13_17
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    Can I become CPA eligible by completing Community College courses after I am done with my Bachelor's?

    Posted: 06 Mar 2021 07:23 PM PST

    So I am currently an undergrad pursuing a Bachelor's in Accounting. I know you don't need a master's to become CPA eligible. Basically, I'm wondering if I can take the extra credit hours needed after I am done with my Bachelor's at my County College or do I have to double major in my undergrad?

    submitted by /u/optionman101
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    How do new associates/intern usually communicate with the client?

    Posted: 06 Mar 2021 09:11 PM PST

    For firms, it make sense that associates and interns should ask many questions. However, when it comes to talking with clients, would the bombardment of questions annoy or anger them?

    As a result, wouldn't this damage the reputation of the firm?

    submitted by /u/questionerzession
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    CMA prep courses?

    Posted: 06 Mar 2021 08:32 PM PST

    Decided to go for CMA but wanted to get the feel around which prep course to use. I scoured the web and apparently it comes down to Wiley and Gleim? Any recommendation/advice is appreciated!

    submitted by /u/PlugginThePlug
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    Software Questions for Student/Intern

    Posted: 06 Mar 2021 07:03 PM PST

    Found out the company I'm interning for this summer uses Tableau and Alteryx heavily. Does anyone have any recommendations for online courses or resources for me to learn these applications and programming languages and what kind of applications they would have in an accounting firm? Also, rusty on Excel, haven't had to use it since BCIS and now I'm quickly approaching my first internship. Any recommendations for the same kind of resources for Excel? Free or paid, it doesn't matter. I just need to learn.

    submitted by /u/renton723
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    UK - Big 4 Salaries real talk

    Posted: 06 Mar 2021 01:53 PM PST

    Just a quick question - I would be really grateful if someone could answer.

    Working in Big 4 outside of London in the UK how much can you actually expect to earn as a Senior?

    submitted by /u/GRogers28
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    I feel like I made a mistake choosing accounting as my major. can someone please help? what should I do to get a 40 hr work week? should I change my major?

    Posted: 06 Mar 2021 02:54 PM PST

    Hello everyone. this is a repost because my previous post didn't get very many replies. Basically I chose accounting as my major and I am almost finished i have about a year and a half left. I wanted to stop at the bachelors level and try to apply to government jobs. I know that government jobs are hard to get out of college. honestly I'm worried about taking the risk by applying to industry jobs but I might have no choice. I think maybe I should change my major because I don't think I could handle more than 40 hour weeks. can someone please give me advice? if I work for a company will I have to work long hours? should I just stay away from accounting or should I aim to get a government job after some years of experience? I don't plan to get my cpa. Thanks.

    submitted by /u/GothicFluttershy
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    Salary Expectations on Post-Undergrad Offer?

    Posted: 06 Mar 2021 04:14 PM PST

    Hey, everyone. I come from a finance background and have been recruited by a somewhat specialty team at a non-big4 large national firm to work after undergrad graduation. This team sits under the firm's Valuation Advisory umbrella and performs valuation on more complicated stuff (Derivatives, Hedging, Liability Modeling, Embedded Options, etc). The role requires a more quantitative background and additional technical skills (including explicitly stated statistical modeling software & industry experience) than the average Consulting Associate post-undergrad role. The team has also told me they are expanding rapidly and they were planning on filling the need with a Senior Associate. Will this additional required experience/expertise be reflected in starting comp and do I have the leverage to negotiate higher due to the complexity of the role and demand on their end? I know this is a unique team and role, so any input is greatly appreciated. For reference, role is located in DC area.

    submitted by /u/jaguar1290
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    Choose one, assume ALL ELSE is equal (all bonuses, CPA reimbursements, benefits, etc...). FYI this is the highest COL in the US. And it’s in a higher paid service line. That’s why you see the higher numbers. They aren’t bs. They are actual offers believe it or not.

    Posted: 06 Mar 2021 09:37 PM PST

    Managers not paying for happy hours (virtual or in-person), group lunches, etc. Is this tacky or normal in industry?

    Posted: 06 Mar 2021 07:10 AM PST

    One aspect I miss most about public is the paid-for food and happy hours. I know that we're in a pandemic right now so anyone with a job should be grateful, but I'm disappointed not only by the lower-than-expected annual pay raise (1% instead of the usual 3%, which is effective 3 months later than before due to COVID) but also by management's efforts to ask us to join virtual happy hours/lunch WITHOUT providing any incentives (gift cards, raffles, etc).

    Management also had the audacity to say that staff morale seemed low because people stopped attending the virtual happy hours on Fridays at 5pm. These virtual happy hours were scrapped in favor of weekly virtual lunch and learns (lunch not provided) where two staff present on an assigned topic.

    Even before the pandemic, my manager did not pay for anyone's food/drinks during happy hour (arranged by management too).

    Is this tacky or pretty normal in industry?

    submitted by /u/Regret22
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    EY HireVue Game Assessment - What score needed to make the cut?

    Posted: 06 Mar 2021 09:15 PM PST

    I reached level 75 and 36 on Digit and Shape Assessments? Should I expect an initial interview or not? How much did yall score and did yall make it to the next round or not?

    submitted by /u/Ambitious-Spinach-80
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