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    Accounting B4 collectively gasps in horror

    May 31, 2021

    Accounting B4 collectively gasps in horror

    B4 collectively gasps in horror

    Posted: 31 May 2021 03:40 PM PDT

    How dare they!

    Posted: 31 May 2021 07:18 AM PDT

    When a client doesn't get back to you.

    Posted: 31 May 2021 08:48 AM PDT

    Dear Mister "I'm Too Good To Reply To Any Emails"

    This will be the last time I ever send you details

    It's been six months and still no word, I don't deserve it?

    I know you got my last two files', I attached them in it perfect

    So this is my request I'm sending you, I hope you read it

    I'm in the office right now, I'm doing spreadsheets on the daily

    Dear Sirs, I drank a load of coffee

    You dare me to file?

    You know the song by Phil Collins, "In the Air of the Night"

    About that guy who could a saved his client a lot of money

    But didn't, then Phil saw it all, and thought it all was funny?

    That's kinda how this is, I could a saved you lots of money

    Now it's too late, you're on a late penalty now, I'm drowsy

    And all I wanted was a lousy letter or a Zoom

    I hope you know I shredded all your correspondence in the room

    I love you Sirs, we coulda worked together, think about it

    You ruined it now, I hope you can't balance and you tot about it

    And when you tot I hope you can't balance and you scream about it

    I hope your bank rec eats at you and you can't breathe without me

    Dear Sirs, excuse me please I'm on a call

    Or Madam, that's just our receptionist in the hall

    But I didn't pay her shit, she can make it up, see I ain't like you

    'Cause if she's working late she's working more, and then she'll cry too

    Well, gotta go, It's almost 5 o'clock now

    Oh shit, server down, how am I supposed to send this shit out?

    submitted by /u/Octochamp
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    Maybe I’m an inconsiderate prick but I need to rant

    Posted: 31 May 2021 06:28 AM PDT

    One of our manager's was on a social call and bragged about how she totally chewed some senior out for quitting and tore him up. She seems like one of those people who puts on a facade of "oh look at me I'm so badass and tough." She was bragging with so much pride about how much she ripped into him and in the process probably left buddy jaded and put a negative end to his time here.

    Later on another social people were allowed to share their mental health stories across the firm before the call. When I saw her describe her story about how tough the pandemic had been for her and how understanding her coworkers were and how you should reach out if you want support, I honestly did not feel a shred of empathy and it kinda annoyed me showing how fake this world could be. Maybe I'm misinterpreting this or this manager is just immature but the pride with which she bragged about how much she tore into someone who gave 3 presumably hard years to the firm didn't sit right with me. I just needed to get this off my chest.

    submitted by /u/NBNC2
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    Ruined my life

    Posted: 31 May 2021 06:46 PM PDT

    Big 4 staff 1 just promoted to staff 2 and not ready for it. I have a substance abuse problem and trying to improve my situation, but keep getting stuck in the past and regretting going down the road I did to get involved with drugs. Ruined my teeth and health, despite exercising to try to compensate. I want to go back in time.

    I join a new, busy season team tomorrow and I don't know what to do. I'm freaking out and I will spend tomorrow spiraling about how I messed my life up with use while being stressed on not knowing what is going on with work.

    I am seeking professional treatment, but I feel too far gone. I hate myself and I can't even look in the mirror because of the physical harm and aging drugs did to my body. I avoid mirrors at all costs.

    I want to continue on, but I'm not even here for myself. Does anyone have any advice or tips? I am desperate and about to go off the deep end and it's my fault.

    I have received good performance reviews, but they'd be even better if I was able to stay present and focus on what is in front of me, which I am never able to do. I am miserable and my life is doomed. Probably given myself cancer.

    I truly don't think I can ever be happy again, and just want to sleep. I'm going to try to sleep now because I feel sorry for myself and I know I'll wake up in a world of hurt tomorrow.

    I guess I am seeking advice, but maybe just venting to feel sorry for myself for not taking ownership of my life. I don't what to do

    submitted by /u/Next-Two-6823
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    Why are some clients such dumb dumbs

    Posted: 31 May 2021 08:22 PM PDT

    I just wasted two hours of my life trying to understand a reconciliation provided by the client only for her to email me an updated one saying that she forgot to tell me she'd updated it. Whyyyyyy

    submitted by /u/eggontoast96
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    The engagement partner when I request to be taken off the engagement because the client is condescending to me

    Posted: 31 May 2021 02:53 PM PDT

    my coworker acts like a boss

    Posted: 31 May 2021 07:52 AM PDT

    Me and my coworker are in the same position, but he is older than me and been in this position for last 6 years. While i recently joined the company.

    And he acts like my boss , like he always asks me "what have you done today?", always assigns me some tasks , also he stays at office very long. And when i leave office in time, he asks me "why you leaving so early, you have nothing to do?"

    My manager seems like not care about it at all, he just says handle it yourselves guys.

    what can i do about it?

    submitted by /u/Nirvana678
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    Replacement for Teammate audit software?

    Posted: 31 May 2021 08:36 PM PDT

    I work for a federal agency and I recently volunteered for a committee at my workplace to consider options to replace the desktop version of Teammate. The developer is pushing its cloud solution (Teammate+) but we are open to any solution out there, really.

    Microsoft SharePoint is the cheap solution but we are looking to avoid that as hyperlinking between documents is a nightmare from the last time I used SharePoint.

    The agency wants to ensure that old projects and workpapers (along with their hyperlinks) can still be imported properly into the new software.

    I noticed that there are a gazillion options out there for audit documentation software - if any of you guys have any suggestions, feel free to share.

    submitted by /u/beefcake_123
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    am I guaranteed to hate my life?

    Posted: 31 May 2021 01:17 PM PDT

    I'm a rising senior in college about to start my audit internship with Deloitte. This thread combined with videos I've watched on YouTube have made me feel like every Big 4 auditor that told me they love their job was straight up lying to my face.

    It seems like all everyone ever talks about in public accounting is how much they hate their jobs, coworkers, hours, pay, etc. Growing up with not a lot of money made me crave a stable career like accounting where I can provide for my future family. I've already taken 175 units (many of which in accounting) so it's not like I can just switch up my major or career now. Am I destined to hate my life as an accountant? Am I just going to spend my days dealing with idiot clients and watching the clock in some asylum-esque audit room? Yes I do plan to get out of public accounting and into industry once I have enough Big 4 years under my belt to earn a little credibility, but is my time at Deloitte going to make me want to off myself?

    I work on my university's campus as a tour guide/student panelist so every week I'm constantly telling high school students how amazing this college is and that they will be so happy here. More often than not my mental health is hanging on by a thread while I'm working these shifts because the very school I'm raving about is shafting me from every angle. I'm hoping that when people talk about public accounting it's kind of the same idea. I don't feel like I'm lying when I tell these kids I'm happy in university, but it also feels like a four year long session of constantly getting fucked by professors, exams, grades, extra curriculars, etc. So am I happy? Yes. Am I also miserable? Definitely. Am I going to continue with this paradox into my career? Or just be fully unhappy?

    Edit: Essentially, does anyone here actually like their Big 4 job? Is there any hope lol

    submitted by /u/sexy_recorder_player
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    Senior vs Manager Audit Exit Opps

    Posted: 31 May 2021 07:37 PM PDT

    I always hear conflicting info on when the best time to leave public accounting for industry is. Many say a year after senior, yet a quick LinkedIn stalk of many CFOs that were ex big four seemed to leave at manager/senior manager levels, although I suppose they are smaller companies.

    If the far off goal is to be a CFO at a Fortune 500 company, what do y'all think is/are the best route(s) - ones you've seen or personally followed?

    Thanks!

    submitted by /u/Dollars-and-Pounds
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    Are accountants going to be an extinct job in next ten twenty years? (Serious)

    Posted: 31 May 2021 09:46 PM PDT

    Should I consider starting my accountant career in a bank?

    Posted: 31 May 2021 08:27 AM PDT

    Hello everyone

    Thanks in advance to everyone for reading this.

    I'll be getting my bachelor's degree in accounting in two years, and my father advised me to quit my job - used vehicle sales (working schedule is great for me) and find something in a bank or trade union. Dad (he's not an accountant) thinks getting a job at some bank will be good for my CV (helping friends with their taxes is not something to be proud of) and will allow me to understand the system's reality. Moreover, he wants a bank career for me in the future; he considers that it will ensure my financial security. I have to admit that the perspective of becoming a financial analyst or a financial manager sounds quite tempting.

    Anyway, I've browsed the net for more information, and some people state that I have pretty good chances to be hired as a clerk in bookkeeping, accounting, or auditing. These jobs don't require any licenses or qualifications, only mathematical skills, computer literacy, and provide training for the job.

    Dad says that even a cashier job will look better on my resume than a car salesman. But, not considering it, I don't think it will be the smartest choice. I didn't see lots of happy cashiers lately.

    I'd be grateful for some advice on this issue. I like to know if this is a good career path, or should I receive my degree first and then scout for a job as an accountant? Or the earlier I start, the better? Also, are there any banks I should keep away from, or should I choose the nearest office on https://usa-banks.info/? Finally, where to apply? To a bank or trade union? Which of them is a better employer?

    If you have other ideas about entering the profession, please share (I admit that this may not be the best way).

    submitted by /u/SwishyHoughton
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    Please Critique my Resume (Public Practice to Industry)

    Posted: 31 May 2021 04:43 PM PDT

    Hey folks,

    After reading around r/accounting, I finally decided that that it's time to make the move from public to industry. Can you please tear my resume apart?

    https://imgur.com/a/ItTuZ6M

    ​

    Thanks everyone

    ​

    Edit: I already found a typo in my education dates! :)

    submitted by /u/WatercressAntique252
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    Any recommended online accounting programs through accredited universities that actually teach the material? (not self teaching + Wiley)

    Posted: 31 May 2021 07:58 PM PDT

    I am taking courses (intermediate now) through a university and it's pretty much just wiley test prep. I never learned the material to begin with, so it feels like this is for people that need a refresher for the CPA exam (even though those people will have already taken intermediate accounting..?).

    I'm looking at a few other options like Berkeley Extension but it's difficult to tell whether or not they actually teach the material. Does anyone have any recommendations?

    submitted by /u/Nervous_Ulysses
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    An update on my switch to IA from niche tax.

    Posted: 31 May 2021 07:40 AM PDT

    I'll keep this brief since there's a world war going on about WFH and going back to the office:

    First week was great. Love my team, awesome benefits, log on at 7:30 and off by 4, with 30 mins for lunch.

    It's been so great, and public was such shit. I'm working out again and riding my horse more.

    It's been so nice, I just feel like I have to wait for the other shoe to drop lol.

    submitted by /u/Various_Cable7713
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    How to answer “what is your greatest strength” in a job interview?

    Posted: 31 May 2021 06:54 AM PDT

    I want to apply as an audit associate in an auditing firm and one of the qualifications in their job posting is that they want someone with good interpersonal and presentation skills. But I am an introvert and a really shy person. Is it okay if I answer that when they ask what is my greatest weakness? I am still improving myself and is willing to learn. Any tips please.

    submitted by /u/adulting_is_hard_1
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    Please read and spread awareness. CalCPA is a parasitic dumpster fire organization; if you have a paid membership, rescind it immediately. Please take a look at form 990 linked at the end.

    Posted: 31 May 2021 10:53 PM PDT

    Some of us are students and get it for free; honestly it's all a game so keep it and have that shit on your resume for networking and to get into PA. After you get the experience, leave cuz honestly this ain't an organization that's pursuing their mission.

    Im no NFP expert; but when executives are making 300k+ working only 20 hours a week. Yes that is not a typo, 20 a hours a week. Then your budget is being mismanaged and you have reached the parasite status in my books.

    It's one thing if you are in private practice and are making that money; it means people are actually willing to pay you for the value you provide. But in this case, they are simply offering their bullshit membership, a membership that is marketed towards students who don't know anything. And making a ridiculous amount off it all while being tax exempt.

    You can look at the form 990 linked, but here are some of the salaries listed:

    CEO Average hours per week: 18.75 Compensation: 312,762

    DEO: Average hours per week: 18.75 Compensation: 170,125

    CFO: Average hours per week: 18.75 Compensation: 100,964

    Division Director Membership, Marketing, Communications: Average hours per week: 18.75 Compensation: 149,969

    Controller: Average hours per week: 18.75 Compensation: 89,106

    This is disgusting; we work like pigs in Public Accounting, which all of these executives seem to have affiliation towards, and we make 60-70k. Averaging 50-60 hours a week on average throughout the year.

    Meanwhile these people parasite off of getting fresh new grads to join for free while in college, and they get charged the 50 dollar membership when they graduate. All while having 501 (c) exempt tax status.

    I'm no socialist and will never be one, but this is people at the top (Public Accounting Partners and NFP executives) who are profiting at the expense of miserable, overworked and underpaid employees.

    Fuxk man I wanna see some change and some accountability. These wages need to be capped. It's wrong, immoral, and unethical for someone to be working for a "nonprofit" which is supposed to be dedicated towards a mission, which operates off of grants and donations from others, but in actuality, is just making easy money off college students who are looking to get their career started.

    Please upvote to spread awareness and expose these frauds for what they are.

    Form 990:

    https://pdf.guidestar.org/PDF_Images/2019/941/056/2019-941056137-17250286-9O.pdf

    submitted by /u/PricewaterhouseCap
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    If I’m doing an employment application/ background check for a job does that mean I have the job?

    Posted: 31 May 2021 07:06 PM PDT

    Just for recruiting job hunt purposes, it was more like a background check… asked me for my employment history

    View Poll

    submitted by /u/RepC
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    When you guys see obvious non-accountants say outrageous things, do you just smile and wave like me? ��‍♂️

    Posted: 31 May 2021 10:39 PM PDT

    Is getting the CPA worth it?

    Posted: 31 May 2021 10:04 PM PDT

    So I am thinking of sitting for the exam, but have some qualms.

    A little about my background. I have an undergrad in a liberal arts subject and an MBA from a mid-range AACSB accredited school (not in the top rankings). Currently have a "accounting-esque" job in corporate finance...it more like an operational controls job...making sure people and systems do not break our bills. My job is not really an accounting role at all. I am bored stiff with it and would like to move on...even in the same company.

    I feel really insecure about my current position. The company is stable, but if they ever eliminated our jobs we would be in a mess...literally none of our duties have any major transferable skills or experience. If anything, I don't believe we are doing best practices. We just do what has always been done.

    I am in my 30s and do not see a huge career shift into something like the Big Four at this date. During the early part of COVID, I took some accounting classes to become CPA exam eligible. The thing is...I really do not feel it for accounting. Yet, I am drawn to its stable, 'boring', and solid career path. A part of me says run far away from it, but another more insecure part says this is probably the best and most practical career move I could make at the moment.

    I have a day dream to work at a local/regional bank. However, I have a feeling the Great Recession has really capped a lot of growth in that sector...at least in my state.

    For what it's worth, I took the Meyers Briggs and I am an INFJ...not exactly the auditor type. LOL.

    Any suggestions would be appreciated!

    submitted by /u/Amazing_Leave
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    When do companies recruit/hire?

    Posted: 31 May 2021 09:36 PM PDT

    I just finished my 3rd year, I should get my bachelors in May 2022. Might stay 5th year to become CPA eligible but not sure yet. I started filling out some applications but I feel like my applications are just gonna get thrown aside since I'm not done with school yet. I want to start getting my name out there and hopefully land something but I also don't have any experience. Any tips or advice?

    submitted by /u/ac_jeffeerryy
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    [CAN] For the life of me, cant seem to find a job

    Posted: 31 May 2021 09:35 PM PDT

    I am about 2 months away from graduating from my MAcc program and will be writing the CFE in September and I also have 16 months worth of internship experience in PA and in industry, and ive had a couple of interviews but despite that I cant seem to land a job offer. At this point the job search is genuinely stressing me out, so much so that Im having a really hard time focusing on the rest of my classes and actually studying for the CFE. I was wondering if anyone had any tips or advice about finding a first full time job? Im located in Toronto if that matters.

    submitted by /u/WeaknessCold2722
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    Is big 4 audit hard to exit?

    Posted: 31 May 2021 10:54 AM PDT

    Hi everyone,

    ​

    To keep it short I'm joining a big 4 firm in audit next year and I eventually want to move into private equity or corporate finance, some sort of analysis role to do with the buying and selling of companies.

    ​

    I looked around on sites like WallStreetMojo which I think is full of the 'investment banking or nothing' crew that will just shade and disrespect anything that isn't as prestige as IB. I see some users on there telling people big 4 audit is impossible to leave, very few transition into corporate finance, and exit opportunities are poor-I don't think this is true myself, hence why I'm asking on another forum to get a different perspective.

    ​

    For anyone who has been in big 4 audit or knows people who have, do they generally get good exit opportunities? Obviously industry is the most common exit, but is there any skill that transfers over to financial analysis and the field of corporate finance?

    submitted by /u/Lostintheworrrrrld
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