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    Accounting How do you guys do it?

    September 04, 2021

    Accounting How do you guys do it?

    How do you guys do it?

    Posted: 04 Sep 2021 02:40 PM PDT

    I'm a new hire. Only been working for a month. I could barely survive working 8 hours a day. The work is mentally exhausting. My manager just told me to clock in 50 hours a week from now on. I dont know how I'm going to do that. I don't know if my brain will let me. How do you guys stay awake, sane, and focused 50 hours or more a week? What's your secret?

    submitted by /u/iabyajyiv
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    But your an accountant right?

    Posted: 04 Sep 2021 01:17 AM PDT

    This is how I sit.

    Posted: 04 Sep 2021 08:48 AM PDT

    Passive aggressive office speak

    Posted: 04 Sep 2021 12:03 PM PDT

    Best Beta Alpha Psi stories?

    Posted: 04 Sep 2021 11:31 AM PDT

    I always hated Beta Alpha Psi. Did it because I had to and thought it would help my chances of getting that B4 offer (it did).

    My favorite BAP memory was my pinning ceremony. Me and my buds were extremely hungover from the following night's open bar, and the pinning ceremony was early (8-9 AM on a saturday). I had no intentions of waking up for it but my friends dragged me out of bed to show up. "Why would i go, I'm probably not getting pinned". Anyways, I put on a suit and tie, I'm hungover as fuck, sweaty, eyes probably bloodshot and I roll up with my friends to pinning. Sure enough all of my accounting professors are there, as well as recruiters from all the B4 firms. The ceremony starts and i settle into my seat, my stomach rumbling from hunger and the remnants of more rum and cokes than I can remember. Once they get to the pinning part, they call everyone up and to my surprise I was actually getting pinned that day. My friends are dying laughing because they knew I felt like garbage, I'm standing in the light of a projector screen and I'm in front of all these recruiters and professors looking ROUGH. I was getting really uncomfortable and hot, doing my best to look normal, holding back vomit.

    After the ceremony I rushed to the bathroom and threw up. After some water I went and networked and the following month I got a busy season internship offer at B4.

    Moral of the story is join BAP.

    submitted by /u/Cosmicsauceguzzler
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    Serious Post: I am balding badly and I am currently using hair fibers but tired of doing so. If I shave my head can I grow a beard?

    Posted: 04 Sep 2021 06:24 PM PDT

    How acceptable is a beard at a large public accounting firm? I am balding badly in my late 20's and just want to get it over with. I have a babyface so I need the beard to look good. Otherwise I look super young.

    submitted by /u/AdHungry2627
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    Depends on the day.

    Posted: 04 Sep 2021 12:47 PM PDT

    There are 2 types of jobs

    Posted: 04 Sep 2021 05:51 AM PDT

    I'm in this photo and I don't like it

    Posted: 04 Sep 2021 08:05 PM PDT

    Are there anyone in external audit who actually enjoys it? What do you like about it?

    Posted: 04 Sep 2021 05:01 PM PDT

    Office Culture Question

    Posted: 04 Sep 2021 01:05 PM PDT

    I work at a very small firm, and I share an office with my boss. Her and I are the entire fiscal team. We have a fine working relationship, we get our stuff done - but, we don't really talk most of the time, we just each chug away at our work and occasionally take a couple minutes to chat. I'm wondering if y'all think I should be putting in more effort on the human connection side? I'm in my mid-20's and she's 60, so we just don't really have too much in common anyway. But I'm wondering if I'm focusing too much on work performance and leaving out the human side of things. Anyone have any thoughts?

    submitted by /u/captainndaddy
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    Monty Python on Accountant - I'm in this video and I don't like it

    Posted: 04 Sep 2021 10:41 AM PDT

    I need career advice

    Posted: 04 Sep 2021 02:53 PM PDT

    Long time lurker, first time posting. I'm a newly promoted audit senior at a ~T30 firm. Usually work on private companies (~10M-~250M in revenue) and municipal clients. I'm also a CPA.

    I was underwhelmed by my senior raise (68k M/HCOL) and have always wondered if I'm stunting my career growth by not working at a larger firm. I enjoy the people i work with, but don't necessarily think I'm getting to where i want with my career (working on more private/public clients) or salary wise.

    My question is: should i try to go to a bigger firm (possibly B4 or midsized - GT/RSM/BDO), or just stick with my firm since i have equity there and aren't necessarily unhappy, but also not necessarily happy?

    My biggest worry is maybe not being able to keep up with the work or the nuances or working at a larger firm. I usually work 60ish hours during busy season and 50 hours/wk year round.

    EDIT: current firm is a large regional/small national firm

    submitted by /u/Rough_Hyena_6117
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    Has the workload gotten much heavier than before. It feels like now the workload is getting crazier then in past years,

    Posted: 04 Sep 2021 11:43 AM PDT

    Our Lord and Saviour

    Posted: 04 Sep 2021 05:57 PM PDT

    Question about income after the social security cap

    Posted: 04 Sep 2021 08:07 PM PDT

    I'm an accounting student and some terms are confusing me. In my register, I'm seeing an employee who is already above the social security cap. But the question that keeps popping in my head is does anything get deducted from their paycheck at all? Or after the $ amount they just get more net pay? And would anything get withheld? Thanks, this is probably a dumb question haha

    submitted by /u/Throwawaycollege10
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    Any accouters in the chat?

    Posted: 04 Sep 2021 07:14 PM PDT

    Is it legal to start a small tax practice for simple returns while working at a CPA firm?

    Posted: 04 Sep 2021 09:56 PM PDT

    I feel comfortable performing tax return as I have experience working at a tax firm. Is it okay for me to get my PTIN and start my own seasonal practice with online clients and small people. All while working at cpa firm?

    submitted by /u/touchmy_nonos
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    Don’t know who needs to hear this, but …

    Posted: 04 Sep 2021 09:31 PM PDT

    The public accounting job market is fantastic right now. So many firms need associates/staff/seniors/etc. If you feel like you are being underpaid or are undervalued at a smaller firm, take the time to assess your options at other firms.

    Your skills are valuable and you will very likely receive a pay raise at another place of employment. If you're going to be miserable in public accounting might as well get paid a bit more for it if you can.

    Source: just scored a 20k raise by switching firms. Had no clue this could happen, but I'm glad I looked at my options.

    Disclaimer: I'm not intimately familiar with the job market in every city, but from my experience and the experience of friends across the US, now is a good time to assess your options.

    submitted by /u/jcfin
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    How would I go about fitting this part of my job into my resume?

    Posted: 04 Sep 2021 09:30 PM PDT

    Hey all. Currently drunk so bear with me please.

    I am relatively new to my dept (less than a year) and I kind of took it upon myself-not necessarily tasked by my bosses- to bring our accounts receivable aging current. I have alot of downtime so this is what I thought would be most beneficial to my dept ( I am an accounting specialist 3- basically an AR rep but maybe a tad bit different).

    Basically this dept was understaffed until I was promoted from our accounting call team. There were a good amount of customers that owed us money (I have taken care of a few of these) and a bunch of customers that overpaid or double paid and we ended up owing money to (I took care of 95% of these because it's easier to knock out refund requests from my supervisor than it is to collect from customers).

    I am still working on actually quanitfying the amount in dollar amounts and in percentages of what needed to be done, but basically what I have on my resume is "spearheaded efforts to bring current the aging of accounts receivable."

    A ton of these outstanding items have been open for over a year. Idk if that would be bad for yourorganization, but to me that seems pretty bad and gives a very bad impression of the company I work for. Again, they've just been understaffed and it's been extremely hard for the one other guy in the dept to catch up on them.

    I hope that all made sense. It's Friday on a 3 day weekend and I am slammed. I also feel that's the most valuable thing I have done for the company in the past ~5 months I've been on the AR team. Thanks and cheers.

    submitted by /u/CaptainPick1e
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    Any of you CPA’s chose consulting (ERP) and how is it going?

    Posted: 04 Sep 2021 09:02 PM PDT

    Thinking of moving into ERP consulting from general accounting,, pros and cons ?

    submitted by /u/dontcaredontworry
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    Question on adjusting entries.

    Posted: 04 Sep 2021 02:59 PM PDT

    Let's say the company I'm working at officially closes the month 15 days after month end. Therefore we would close January on February 15. If I'm missing an invoice from January, can't I just call the vendor to get the invoice prior to our close date of February 15th and then post the invoice in January? Therefore, not needing to do an adjusting entry in January?

    submitted by /u/Main-Educator-1245
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