Accounting Don't get your hopes up. |
- Don't get your hopes up.
- Quick question as a baby accounting major-
- Not allowed to resign?!?!? How is this legal??!!!
- How do you deal with working all week but billing only 37.15 hours?
- Deloitte 2021 Compensation Thread
- Am I underpaid? 6 years in public...
- Government guys, how many hours do you work?
- Working at a firm where getting promoted seems harder than elsewhere, thoughts?
- I’m not sure if I’m burned out, or if I just don’t like the job.
- Accounting in agriculture industry
- Looking for a study Budy for Sep 2021 CFE
- What are the pros and cons of creating a national Accountants Union?
- Spending time in the military between my degree and public accounting?
- Resume Advice for entry level
- Industry or Public?
- Audit manager to....CFO?
- How does IMA verify the work experience requirement?
- Apply now or later for new accounting position?
- Additional Withholding Amount
- Accounting Audit Services
- Do I need a degree if I have experience?
| Posted: 30 May 2021 08:54 PM PDT
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| Quick question as a baby accounting major- Posted: 30 May 2021 03:04 PM PDT I just switched my major from Finance to Accounting because I hear that accounting has higher job placement. I mostly want this career path to support my other hobbies (illustration, writing, music), so making sure I'm not jobless when I graduate is important to me. Not gonna lie though, a lot of y'all seem miserable as hell??? Like are y'all okay??? Seriously I want to have the energy to pursue my interests outside my job, what kind of job path do you recommend that won't leave me soul crushed?? I'm not even trying to make loads of money, just enough so that I can live by myself in a small-medium sized city. Edit: Holy Crap I wasn't expecting there to be so much engagement on this post! Thank you all for giving me your two cents on how you've gone through your careers. I've read all of your responses but I can't reply to all of them since it's getting late for me haha. Just know you all are amazing, and have made the concept of going into accounting as a career less scary! [link] [comments]  | ||
| Not allowed to resign?!?!? How is this legal??!!! Posted: 30 May 2021 08:31 AM PDT After multiple posts on here complaining about how much I hate my job in external audit for a mid tier firm, I finally found the strength and courage to leave. Where I'm from there's typically a 2 month notice period (from Malaysia and yes its in our employment contracts). Half way through the 2 months, amazingly, thank God, I landed a job in Forensic Audit (always been my dream job), and the company wants to buy me out so that I can leave my current place 2 weeks earlier. Here's the kicker, I told my manager this, and she basically told me I can't leave unless I finish the engagements I have at hand OR find someone to take over. I'm just an associate btw, not even senior, not a manager. Why the fuck is this my problem??? When I've already tendered my resignation a month ago? How is it my problem you still keep putting me as the auditor in charge for new engagements even after you already knew I was leaving. 🙄 and then say I can't leave unless I finish it or find someone to take over. I was put in to a new engagement this last week (already have another 3 on going), and the client still hasn't finalised their closing stock figures so I've not received the management accounts, so obviously I haven't started on the audit. Me not being able to finish the work isn't even my fault at this point. 😂 Still baffled. How the fuck is this my issue it should be the company's worry to find a replacement. [link] [comments]  | ||
| How do you deal with working all week but billing only 37.15 hours? Posted: 30 May 2021 02:47 PM PDT Finished 3.5 months in accounting. New information comes my way all the time. So nautrally I am taking way longer than what was billed to the file last year. So in order to compensate, i am staying in late and working on weekends. It was fun the first three months, but now I feel like I am working all the time. Luckily I can work from home. How do you guys deal with.this. The firm is not quiet about how many people they have let go due to new hires not being able to meet the regulars hours they take on each file. How did you guys overcome it? [link] [comments]  | ||
| Deloitte 2021 Compensation Thread Posted: 30 May 2021 11:16 AM PDT Compensation letters are trickling out. So figured I'd get this out there. FYI: if you go on TOD and divide 19,500 (max IRA contribution) by the max contribution percentage in the 401k section, you can figure out a rough guess for your raise, but not AIP. You know the drill!
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| Am I underpaid? 6 years in public... Posted: 30 May 2021 06:04 PM PDT I'm Tax in Michigan at a top 15, my salary progression is the following: 2015: 55 2016: 58 2017: 63 2018: 68 2019: 76 2020: 79 2021: ?? (Officially moving into manager role, but do not expect a larger than normal pay bump). Is this about where I should be? Or is my firm underpaying me? I do not feel like I'm at the high end of the pay range for my experience level, but I'm honestly not sure. [link] [comments]  | ||
| Government guys, how many hours do you work? Posted: 30 May 2021 12:27 PM PDT | ||
| Working at a firm where getting promoted seems harder than elsewhere, thoughts? Posted: 30 May 2021 06:52 PM PDT I'm currently working at a firm where it isn't unusual to take 4-5 years to become senior. There are three staff levels before senior and I was looking to see how long people seem to take to get promoted to each level and also how long it takes for them to become senior. It's not out of the ordinary to take 4+ years to be staff III, and one individual took 6 years. These people are not doing bad and seem to be "right on track," which is concerning because I want to be a senior in 3 years for the pay, my own personal career timeline, and because I don't know if I want to stay at the firm and it's a lot easier to move when you're a senior than if you're still staff/associate. As of now, the pay is good for entry level but I can't imagine taking 5 years to be senior when others have already become managers elsewhere. Other coworkers and people who have left have said that the firm is so nitpicky with review comments so I wonder about my mobility. I know two people who left as Staff II for senior positions elsewhere and also wondered if I could do the same. I have a masters and my CPA so I have that at least. I'm in the DC/VA area so the HCOL and home prices have made me really think about career/pay. [link] [comments]  | ||
| I’m not sure if I’m burned out, or if I just don’t like the job. Posted: 30 May 2021 07:41 PM PDT I started working in Tax January 2020 Ive now worked in tax for 1.5 years and I don't enjoy it anymore. I picked it up pretty, and enjoyed it for the first 7 months. My ability to enjoy my work has dramatically declined to the point where I have no desire to do the work any more. I don't have a dreadful feeling when I wake up and go to work or anything like, I just find absolutely no joy in what I'm doing. Is it time to start looking at something else? What are some jobs that I could transition to from working in public tax. [link] [comments]  | ||
| Accounting in agriculture industry Posted: 30 May 2021 02:20 PM PDT I work at an agriculture company - anybody have any guidance links, PDFs that give guidance on accounting and financial statement presentation/ note disclosures for this particular industry? Things like which expenses you can capitalize in the production process etc... [link] [comments]  | ||
| Looking for a study Budy for Sep 2021 CFE Posted: 30 May 2021 07:54 PM PDT Hi I am writing the Sep 2021 CFE (CPA Canada) in the Assurance elective and I am looking for a study buddy. With the pandemic - I am not comfortable meeting in person, so I need someone who is okay with keeping in touch online. We can keep each other on track and mark each other's cases and so on. I realize this may not be the best place to look for a study buddy - so, any other recommendations welcome. Thank you! [link] [comments]  | ||
| What are the pros and cons of creating a national Accountants Union? Posted: 30 May 2021 06:49 AM PDT | ||
| Spending time in the military between my degree and public accounting? Posted: 30 May 2021 07:19 PM PDT My family has a long standing military tradition and I'd like to serve for a few years. I went to college first because I was smoking hella trees as the kids say but I'm past that and I'd like to My program is a BBA with concentration in accounting, meaning I'll still have to fulfill some prerequisites before going into the PEP. I've also been studying for the LSAT so I really don't know for sure what I want to do yet. I know serving first would help my law school applications. Has anyone graduated, served, and then come back to accounting? I'd love to hear your stories. Was it hard to get back in? I would probably be trying for an accounting or logistics role in the chair force. Although, most of my relatives have been infantry officers and it does have some appeal to me as long as I'm not falling behind. I'm in Canada by the way. [link] [comments]  | ||
| Posted: 30 May 2021 07:04 PM PDT What key things do recruiters/employers look for on a candidates resume beside experience because I don't have any. Please let me where I should be focusing on and how to improve my skills for consideration? [link] [comments]  | ||
| Posted: 30 May 2021 10:44 PM PDT Have two different options I need some advice on. Just starting out in Acct this would be my first big Acct job. Should I take a public Acct job for a medium local firm making 60k a year, probably around 55 hours a week busy season, but with fridays off in the summer. 2 weeks vacation. Or an industry job making 56.5k, normal 40 hours a week, but with 4 weeks vacation. I think my main goal is to get in to fp&a eventually. Hard to say as I haven't had a full time Acct job yet, but don't think I will like the work life balance of public Acct. [link] [comments]  | ||
| Posted: 30 May 2021 04:37 PM PDT Current assurance manager with 10 busy seasons of experience. As a preface I will say that my ultimate goal would be to reach a leadership position, be it partner or CFO. I haven't decided personally whether I'd like to be a partner in the long run, but I am definitely on track and have that as an option. That said, curious if this opportunity seems like a stretch to others.....I was recently put in contact with a business owner who is looking to bring in someone with public experience and a CPA to manage the accounting department as CFO including managing the controller who has been there about 7 years and has no other experience. In all there are 6 individuals in the department. The company isn't huge (about $50-60MM in revenues) and is about the mid-range of the clients I serve right now. Compensation would be 75% higher than I earn right now and would put me close to $200k in total comp. My only concern is that, while I have a lot of experience, I'm fearful that this position would be "too much, too early" in terms of career progression, would come with a steep learning curve and I might fizzle out on my first try. The other concern is that I am continuing to progress on track at my firm and am likely getting promo to Sr Manager soon. I'm not unhappy in public per se so do I give up the consistent progression and partner track for a higher risk higher reward opportunity? Thanks! [link] [comments]  | ||
| How does IMA verify the work experience requirement? Posted: 30 May 2021 10:16 PM PDT Are they lenient? Strict? Do they call the employers you provided and interview them? Do they ask to submit documents to prove work experience? How long does the whole verification process take? [link] [comments]  | ||
| Apply now or later for new accounting position? Posted: 30 May 2021 09:49 AM PDT Hello all! I need some advice on whether to look for a new position now or wait. I'm currently working as a Staff Accountant in industry and have been in my current role since September 2020. My prior role before this, I also worked as a staff accountant for almost two years at a different company. I'm currently working on my MACC and am on track to finish in December of this year. This leads me to a dilemma. I'm relocating with my husband and daughter to Arizona at the end of October, and there is zero possibility that I will be able to work remotely in my current position (they're pushing forward all employees to return to the office every day starting September). I know I'll have to apply for another job, but I'm not sure if having a MACC in progress will allow me to get a higher salary. Should I apply now or wait later in the year, when I'm closer to my completion date? Will it make a difference? I know right now is an employee's market, and want to make sure I don't miss out. Any advice would be appreciated! [link] [comments]  | ||
| Posted: 30 May 2021 09:37 PM PDT Hello guys, I have a quick question in regards to taxes. I make 62k and my wife 40k. When i comoleted my w4 it was asking me about additional withholding and after I completed everything, it came that every boweekly period I would have $130 more withheld. Does this sound right no any of you ? It seems to me that I am paying too much and will get a big tax refund at year end. Any experiences ? [link] [comments]  | ||
| Posted: 30 May 2021 12:39 PM PDT Interested in moving into AAS for Big 4 from industry. I've done Big 4 in the past as an auditor, and industry has its pros and cons. Anyone in this division have personal insights on how you enjoy your line of work? [link] [comments]  | ||
| Do I need a degree if I have experience? Posted: 30 May 2021 09:13 PM PDT After 6 grueling years of restaurant and retail, my sister who owns her own business doing tax filing and accountant work for other companies offered me a job with her. I've been here a month and while the learning curve was more like a learning mountain I'm getting the hang of the things she's having me do for her and I'm actually really enjoying it so far. But now I'm worried that if for whatever reason I decide to move on from her company that I won't be able to move laterally without some sort of relevant degree ( I have an associates in music LOL) So what level of education and experience landed y'all your jobs? Should I consider going back to school to continue this path? [link] [comments]  |
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