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    Accounting I think this belongs here

    September 08, 2021

    Accounting I think this belongs here

    I think this belongs here

    Posted: 08 Sep 2021 08:30 PM PDT

    Are they kidding or what

    Posted: 08 Sep 2021 04:47 PM PDT

    Managers who write their review notes as questions a week before a deadline

    Posted: 08 Sep 2021 08:59 AM PDT

    Please stop.

    Edit: a lot of people here are missing "a week before a deadline" I'm ok with it when there's no major time constraints, but there's a time and a place and 1 week lest isn't it

    submitted by /u/StraightUpJoe
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    Try this trick. Bosses hate this!

    Posted: 08 Sep 2021 11:13 AM PDT

    Public Accountants, the day promotions officially go into effect

    Posted: 08 Sep 2021 09:41 PM PDT

    No work

    Posted: 08 Sep 2021 04:23 AM PDT

    I work in audit for a big four and some days (such as today) have absolutely NO work. Literally I log on at 9, have no work to do and log off at 5:30 having not done a single thing. Has anyone else experienced something like this? Or should I say something to my scheduler / line manager?

    submitted by /u/Lildinho3
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    What are the "important" differences between each of the big4?

    Posted: 08 Sep 2021 10:09 AM PDT

    1. EY has unlimited PTO policy (disadvantage)
    2. PwC takes 3 years instead of 2 years to promote to senior (does this actually matter?)
    3. Does PwC pay more than the other big4? I heard the staff recently got huge raises
    4. Deloitte is the largest by a decent margin, KPMG is the smallest by a decent margin (does this actually matter?)

    They all have similar hours (even though this varies I don't think you could pinpoint an actual difference by firm), CPA bonus and reimbursement policies, similar pay (except maybe PwC pays marginally more?).

    Please lmk if these differences actually have a tangible effect short term and long term.

    submitted by /u/beatdownbeast
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    Does anyone else who’s title is “Accountant” ever feel like a fraud when someone asks you what you do because you don’t have any accreditation?

    Posted: 08 Sep 2021 11:34 AM PDT

    I've been working as an "accountant" reporting to the controller of our relatively large company for about 3 years. My degree is in accounting but I never got my CPA, nor am I going to (currently pursuing the CFA instead). People would often ask what I do and I always say "accountant" because that is literally what I am, but sometimes they'd go "oh I'm a CPA too" to which I say yeah…I'm not lol then they give me a weird look.

    This may be dumb but does anyone ever have this too or are you normal? I live in Canada so maybe it's a regional thing.

    submitted by /u/MoneyIsntRealGeorge
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    Check your T accounts

    Posted: 08 Sep 2021 07:37 PM PDT

    To all the new A1s starting in PA right now

    Posted: 08 Sep 2021 10:30 AM PDT

    Enjoy the free time that you have now, trust me.

    submitted by /u/MGT224
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    Might have a brain aneurysm before 9/15

    Posted: 08 Sep 2021 08:33 AM PDT

    One week away my partnership tax friends

    submitted by /u/Here4TheExperience
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    How many of you use the 10 key vs top of the keyboard for numbers?

    Posted: 08 Sep 2021 03:26 PM PDT

    I'm wondering because I've now encountered two new staff who only use the numbers above the keyboard, and one even had the 10 key disabled. I was appalled, I figured you are just trolling at your job to use the numbers above the keyboard for actual data entry.

    submitted by /u/crowtheif
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    VENT: Horrible Bosses, like actual horrible bosses

    Posted: 08 Sep 2021 01:59 PM PDT

    LONG POST WARNING

    Ya'll - I did not think bosses could be THIS horrendous until I started working at my current, soon-to-be past job. Like, it's actually so terrible, it's comical.

    Here goes:

    I work for a small start up company, and for this subreddit's sake, let's call it Shitty Job, Shittier Bosses LLC. The owners, My bosses are the only two people who own this company, and I am their Accountant and Office Manager - basically their only employee. So when I took the job at SJSB, I saw an opportunity where I can grow, excel, and be a part of something cool!!

    So fast forward - they are company owners, I am not. When I started working there they told me they don't track time off as long as work gets done - I tracked my time off because that can backfire easily. I asked for a day off - my boss emails me "seems like you've been taking a lot of time off lately". I walk into his office and tell him i would happily provide my log but no need for the passive aggressiveness - his response "I approved it didn't I? But please send me your log". Once I sent the log he told me that when my other boss sent me home because I was sick, that was considered as PTO, but when I took one day off when I had COVID (I was quarantined and working from home either way but was too unwell to actually work), they counted that against my PTO.

    Fast forward to when I had a fever one Friday morning, I messaged them letting them know out of an abundance of caution I would work from home. I also want to note that they wanted to know my whereabouts on my late lunches (a lot of times doctor's appointments) - which I think is irrelevant what I do within my hour lunch.

    Response: You seemed fine yesterday, you can stay home.

    At this point I was frustrated with this guy and really had no one to turn to so I went to the other owner and asked his advice as I didn't want to escalate the situation but it is getting frustrating. Obviously other things have happened since and I was kind of reaching the end of my tether. The owner, lets call him Matt, told me to talk to my other boss, lets call him Richard. Matt suggested I sit with him and Richard on Monday and talk it out. Matt then went and called Richard and told him my concerns. Richard then calls me that Friday evening telling me "hes fucking frustrated and aggravated that I went behind his back to his partner talking shit and we would talk on Monday".

    Monday comes along and I voice my concerns and these were the responses:

    Richard: You basically called Matt and from my understanding you were bitching and moaning about how much of an asshole I have been to you. I don't see anything wrong with how I am speaking to you. As your employer, It is my RIGHT *SLAMS TABLE\* to be an asshole to you if I wanted to, but I am not, because thats not who I am... blah blah blah... you are defaming my character.... blah blah blah .... we treat you better than your last employment do we not??? Answer the question, its a simple yes or no. .... I have had worse bosses and I think we are pretty fair for employers.

    Me: *shocked at the fact that I was told I was bitching and moaning for expressing feelings* *also, I laugh at the hilariousness of his temper tantrum, but also out of nervousness\*

    Richard: I didn't say anything funny.

    I reach out to recruiter, get a new job within three weeks, and I put in my resignation. It is my last week. We are trying to wrap up some last minute items and I ask a question for clarification, and it goes a little something like this:

    Richard: TANIA, we have been through this over and over, how many times do we have to go over this Tania.

    Me: There are a lot of moving parts right now, and I just wanted some clarity so I know how to report it.

    Richard: It is one transaction, one property, why is this so hard? I understand it's your last week but you're not even paying attention but if you want to leave, you can leave.

    Matt: *says nothing\*

    Me: *again, shocked, because I am giving them notice to be courteous, to not burn bridges, and to help wrap up any items but I definitely do not need this shit\*

    I go into Matt's office and said listen, I am here to help you wrap up - but if you don't want me to stay I can leave. Matt immediately says no, we need you, don't worry about Richard. Matt then goes to Richard and tell him what I said. Richard, with the emotional maturity of a child cannot process emotions and immediately storms my office.

    Richard: If you want to leave, which you have been saying you want to leave, you can just leave (I never said I wanted to leave)

    Me: I never said that but based on your commentary, I told Matt that if I am no longer needed, my last day can be sooner than later

    Richard: Tania, you ask the same question after we have discussed and it is frustrating.

    Me: Sometimes people will ask the same questions if they need clarity

    Richard: and it is my right as your employer to be frustrated with you

    Me: And it is my right as an employee to not tolerate being spoken to in the manner that you are speaking with me. (Frustration is fine, but to be condescending to someone is just plain unnecessary).

    Richard: I don't have the time nor the patience for this, you're taking this too personal, so if you want to leave after you finish your tasks, you can

    HONESTLY. WHAT THE FUCK. I am NOT a sensitive person by any means of the fucking word, but this dude takes the fucking CAKE for being unstable, and unhinged and I guarantee the next person they hire will run for the hills.

    If you have made it this far, thank you for coming to my Ted talk, lol.

    SO ANYWAYYYY - anyone else wanna share their horrible boss stories if they have any?

    TL;DR: Bosses are terrible, tell me I am bitching and moaning when I express a concern, and told me it is their right to be assholes as my employer, just venting.

    submitted by /u/NotMyPorpoise
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    What was the biggest game changer for improving your efficiency/productivity at work?

    Posted: 08 Sep 2021 04:17 AM PDT

    I picked up a gaming mouse recently to map some excel shortcuts to the side buttons and good god it's such a timesaver. Got me thinking what else have I been missing out on this whole time?

    submitted by /u/gouTalk
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    Tear my resume to SHREDS. Exiting public - looking for a senior accountant or analyst role

    Posted: 08 Sep 2021 08:32 AM PDT

    Anyone else struggling to study for/pass the CPA exam during audit busy season?

    Posted: 08 Sep 2021 05:18 PM PDT

    How am I supposed to study for and pass the CPA exam while in the audit busy season? My managers and seniors are terrible and don't help me with anything. I have failed FAR so many times and just want to focus on that and not work. As a staff, I shouldn't even be leading these projects, but we are so short staffed that I'm somehow supposed to do the 401k audits. I already failed FAR once that if I fail again I might lose it. How are you all managing it or are you even managing it? Please help!

    submitted by /u/chocolatenumbers
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    Has anybody here dug themself into a career hole taking on a specialized role at a major company?

    Posted: 08 Sep 2021 12:55 PM PDT

    Work at a large F500 company. Work at a very particular / specialized accounting-ish role. No matter how I try and reframe my ability to work as a financial analyst, I always get overlooked or chosen over other candidates with continuous FP&A experience. My background before this role is…. FP&A. As a candidate, I am being overlooked for my confidence and ability for roles because my resume simply no longer 'flows'. This is frustrating and discouraging and at this point am considering a career change. I'm tired of dealing with managers with square ways of thinking. I'm open to explore any avenue to keep succeeding in my career

    submitted by /u/Fuller_McCallister
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    Hang in there, tax peeps!

    Posted: 08 Sep 2021 12:58 PM PDT

    [CAN] Tell me about your journey from public to industry? Because mine is fucked.

    Posted: 08 Sep 2021 10:46 AM PDT

    I left public after 3 years of midsize and then senior year with big4. I entered at 42k/year and left at 59k/year.

    I've worked at a hospital for just under five years. I entered at 72k and am currently at 120k.

    The issue I'm having is overtime. Never once in my life have I been paid overtime. It was regular 60+ hours in public, 70+ during tax season with nothing but bragging rights as to how many hours I worked. But at industry the only way I've gotten ahead is by investing time cleaning up messes. I work 60 hours a week even during the summer which is not how it should be. I can't tolerate it any more and I need to leave. There's no performance pay and each year there are staff reductions and/or caps to pay increases it just makes turnover worse. There is so much more to life than unpaid overtime and even earning 120k is just not worth it anymore.

    Tell me about your exit. 1. What sector do you work in (healthcare, pharma, finance) 2. What standards does your org use (IFRS, ASPE, ASNPO, PSAS) 3. How many hours do you work? 4. Do you have performance pay? 5. Do you like your colleagues? 6. What advice would you give others in Industry?

    submitted by /u/czekhthis
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    9/15 Rant

    Posted: 08 Sep 2021 07:56 PM PDT

    Going through my first 9/15 deadline and can I just say fuck me. Was given a project to work on yesterday and was asked to do something I have never done before (literally my 2nd day as staff). I told the partner and he tried to explain it to me but it just got more confusing, I then asked if he or someone else could show me how to do and then I am told he has no time to do it today. Yet he came over to my desk and talked to one of the managers about how dumb I was and that I couldn't figure it out. I told him this was something I have never done before and when I asked around others were unsure as well.

    Long story short I kept pestering him to help me and he kept pushing me away. I got to almost 10 hours today when I finally went down to his office for the final time and told him I am sitting there guessing trying to get the numbers to work and I need him to sit down and teach me. Then he has the audacity to say if you don't want to do it just say so, I'll do it.

    No I am asking you to teach me, massive difference from just being lazy. I hate tax so much and have requested several times to be just on audit and not do both. Everytime I'm told tax is a valuable experience.

    Already sick of the bullshit and it's only day 2 after interning.

    submitted by /u/stortz13
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    Curious, do people still perceive Big 4 to the best springboard for your accounting career out of college or has that perception dwindled in recent years? Was it ever?

    Posted: 08 Sep 2021 06:21 PM PDT

    It's why I left my employee owned job 3 months ago

    Posted: 08 Sep 2021 08:46 PM PDT

    Got a verbal offer a week and a half ago with a big 4. I was told I would receive the written offer in a few days. Has anyone else had this happen?

    Posted: 08 Sep 2021 01:42 PM PDT

    Can you help me figure out if my degree is what I think it is?

    Posted: 08 Sep 2021 08:24 PM PDT

    This may sound like a weird question but it's something I have always wondered. I do not live in the US so many of the culture around college and degrees is vastly different - here, we don't have majors and minors; you get a bachelor and a master.

    I have a bachelor in Accounting, and I am now enrolled in a master's in Management.

    I don't know why I chose this field to be honest, probably because it was the only one offered in a foreign language and I liked the challenge. If I could go back, I would go with a more accounting focused master's. This choice often keeps me awake at night (as right now).

    I am aware of the culture around management degrees and about how general they are considered to be, so I was wondering if I could show you the subjects I am studying to get feedback on whether it looks the same as your idea of management degree.

    • Managerial accounting
    • Financial accounting
    • Risk management
    • Cost management
    • Corporate finance

    • Statistics

    • Business strategy

    • Corporate strategy

    • Global management

    • Business planning

    • Marketing

    • Game theory

    • International economics

    Are these the course usually found in US management degrees?

    submitted by /u/Vanguer
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