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    Accounting Frick bonds

    November 26, 2021

    Accounting Frick bonds

    Frick bonds

    Posted: 26 Nov 2021 10:47 AM PST

    Should I apply?

    Posted: 26 Nov 2021 11:01 AM PST

    pwc partner is convinced that better pay and leadership is not the contributor to the great resignation - its the disconnect from the company's purpose.

    Posted: 26 Nov 2021 05:03 AM PST

    I’m offended

    Posted: 26 Nov 2021 06:22 PM PST

    What was the hardest accounting concepts you’ve ever learned/learned thus far?

    Posted: 26 Nov 2021 01:50 PM PST

    I'm still a university student and anything to with capital budgeting has been a challenge for me!

    submitted by /u/bradynotbrady
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    My heart goes out to all staff who started during the pandemic 100% remote

    Posted: 26 Nov 2021 08:12 AM PST

    What’s your best inventory count story?

    Posted: 25 Nov 2021 10:35 PM PST

    [Rant] Dear my partner, don't ever wonder why your staffs are leaving.

    Posted: 26 Nov 2021 09:52 AM PST

    For the time working with along side with you. I tried to figure out why my team don't even have manager for the past few years. But now I know why. You have been treated everyone like a stress balls.

    You also know this, the reason of mass exodus, but you won't change.

    Now I am a supervisor, but why you have to go sneaking around my back to question the staffs for the complicated stuffs which they have no idea about? When the answers are not met your "high standard", you blasted it out to them. Just why? Why don't get the answer directly from me?

    I know you might hate me but I'm not sure what's the reason behind it. Hell, you even ignore my existence in the office and gossiping about me and making me feel so fucking weird.

    Tell the other that my team have problems, not satisfied my audit plan, my staffs are nitwits. I'm trying to do better but you are keeping engage the load of jobs even the staffs are begging to not to do it just because to meet unreasonably goal meanwhile the paychecks are laughable.

    Whatever reason for you to hate me that much. Fine I will take it. I know, I'm not perfect or high-standard auditor.

    My team and I have discussed over this and we're done. I will hand out the financial report with resignation letter.

    And you can tell your tearful story to everyone why I'm leaving. I don't give a atom of my fuck.

    For the sake of my team's mental health, I also told them to leave. This job is not worth their therapy.

    submitted by /u/DryRepresentative204
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    My brain craps out on me whenever I have to calculate months left in a year.

    Posted: 26 Nov 2021 04:47 PM PST

    If it's June 1st, and I have to start recording revenue until December 31st, my brain automatically says 6/12 months are left in the year. Are there any tricks that you use to remind yourself it would actually be 7/12 months are left? I know I sound brain dead, but this simple mistake has cost me countless points on previous exams

    submitted by /u/99fishing99mining
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    Flexing accounting textbooks.

    Posted: 26 Nov 2021 05:34 AM PST

    Transaction advisory boys be like

    Posted: 26 Nov 2021 06:36 PM PST

    Is it better to quit or wait until you’re fired?

    Posted: 26 Nov 2021 10:13 AM PST

    Big4 UK, three years in. About 18 months ago, chronic migraines changed the game. Depression hasn't helped.

    My work output has become shocking. I'm about to start to fail exam retakes. My mood isn't great and I'm pissing off managers. I used to be well liked around the office but that social goodwill has run thin.

    I'm frantically applying for jobs in other industries. Am I better off quitting or waiting until I'm fired? Should I be discussing this with my coach?

    submitted by /u/XiPingTing
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    Transaction Advisory Associate, CPA, former Big 4 auditor, and CFA Level III candidate - AMA

    Posted: 26 Nov 2021 04:19 PM PST

    Hello. I occasionally see accountants/auditors inquiring about TAS and CFA as a way to break into a more finance oriented position, so I thought I'd do an AMA. My background is below.

    About me: I am a CPA and former auditor at a Big 4 firm. I currently work as an associate in transaction advisory at a mid-sized firm. I will be taking the CFA Level III exam in May 2022. I hope to leverage TAS and the CFA Program to break into asset management.

    Happy to answer any questions relevant to my background.

    submitted by /u/Nav_2055
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    IT Audit vs Internal Audit - Industry?

    Posted: 26 Nov 2021 09:04 PM PST

    1) What are the differences between IT audit and internal audit in industry?

    2) What does the day to day work look like?

    3) What are the hours like? I'm looking for solid WLB.

    4) Which has better pay?

    5) Is it easier to transition from IT Audit to internal audit or vice versa?

    6) Are the exit opportunities generally the same?

    7) Is one better suited for introverts compared to the other?

    submitted by /u/iStayDemented
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    Missing out on the social aspect of public?

    Posted: 26 Nov 2021 08:26 PM PST

    I currently work at a small firm so there arent happy hours or much social interacting besides talking to my Managers about work or a quick good morning and bye at the end of the day. I met people through my classes in college but I didnt experience the whole social aspect of college of going out and parties or any of that and most people I met in college I dont really talk to anymore. Even my first job out of college wasnt that social because the team I was on just wasnt social.

    Im wondering how are the social aspects of the bigger firms or other firms or even jobs outside of public? I feel like I completely missed out on the social aspect, networking, or even dating since some people have met through their jobs. I have been wanting to leave public for a while now but I cant find jobs and I have about 3 years of experience and still just a Staff. Not to mention I havent even gotten a raise after a year, just a bonus.

    But did anyone enjoy the social aspect of these companies or was it all not worth it and you just never cared for it or already had your social life outside of work?

    submitted by /u/throwawayshoes2
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    Question about Government Accounting free time

    Posted: 26 Nov 2021 08:17 PM PST

    I'm still in school finishing up my Associates degree before transferring for my Bachelor's. I've heard a bunch of things about how boring having a government accounting position is, because there isn't a lot of work to do. But what are you supposed to do when you finish all the work? Can you goof off and browse reddit, watch youtube, and listen to music, or do you constantly have to look busy doing something? This is a very important question for a lazy individual such as myself, as the latter would be excruciating.

    submitted by /u/LordUK
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    How responsive/communicative is your immediate supervisor?

    Posted: 26 Nov 2021 03:41 PM PST

    I have worked in public accounting for a little under a year. I actually thought I liked the job too, up until a month ago. My senior quit and now I realized I conflated liking the job with liking my senior. Now I report directly to my senior manager who on a good day I'll get a response from within 24hr, but has been known to leave me on Read for days. I schedule meetings with them and if I'm lucky they will show up late, but other times they just don't dial in at all.

    I'm starting to really hate this job because of this manager. I'm a very strong associate and one of the points that always gets brought up on my reviews is my ability to work independently with little guidance allowing my superiors to work on their own stuff with minimal disruption, so it's not like I'm bombarding them with questions. I know for a fact that the other 3 managers on this engagement are extremely responsive and it pisses me off because I'm literally the only person on the team who has to report to this manager for this stupid specialized area.

    Is there anything I can do or do I just have to suffer? I literally feel like I went from being hyper productive all the time for 10 months straight to now just spending half my day sitting at my desk frustrated doing nothing because they don't talk to me.

    submitted by /u/DisproportionateDime
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    TAX: CPA or JD Better?

    Posted: 26 Nov 2021 05:29 PM PST

    Hi guys,

    I was curious if one would be better versed for tax opportunities with a CPA or law degree?

    Including all types of tax, etc... I know that CPAs work on tax compliance and planning while lawyers work on tax planning and controversy, but in your opinion, which is better?

    Also, are some tax roles/jobs restricted to your designation, or is it a bit fluid with CPAs also engaging in tax controversy work too?

    submitted by /u/AdidasBoy99
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    Those in public: would you be willing to take a pay cut to work 40 hours?

    Posted: 26 Nov 2021 08:17 PM PST

    I feel the idea that public, especially B4, will slash hours requirements during busy season (so long as we remain a deadline driven, client service focused field) to be a near impossibility.

    The only way they can accomplish this is by hiring more staff; and if this happened, I find it equally impossible that pay would remain the same, because the people making the decisions don't want to take massive paycuts and upend the model that public accounting is built on.

    If you disagree with my assessment, can you explain to me not just how management making orders of magnitude more than staff is unfair or how the hours suck but also make a business case for why the public accounting model - high hours, high churn, up or out; the carrot of high compensation as partner; the ability to jump to industry quite easily if you desire a better work life balance- is permanently dead and in need of a drastic sea change and why the people making decisions should voluntarily give themselves a massive pay cut.

    submitted by /u/NoAccounting4_Taste
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    Do you work more hours in small firms vs B4?

    Posted: 26 Nov 2021 02:14 PM PST

    I was offered an audit job at a small firm and required to work saturdays during busy season. Is that the same in b4?

    submitted by /u/qst10
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    CFE anxiety - does your employer find out results before you?

    Posted: 26 Nov 2021 04:17 PM PST

    Hey guys, I am having anxiety about CFE results next week. Someone told me your employer actually finds out before you. Does anyone know if this is true??

    Thanks

    submitted by /u/5cool
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    It won't end well for you

    Posted: 25 Nov 2021 07:48 AM PST

    Dissertation on integrated reporting

    Posted: 26 Nov 2021 04:00 PM PST

    Hello, I'm writing a dissertation on business reporting within the video games industry.

    Wondering if anyone could give me insight on things to write about? Thanks

    submitted by /u/AuditAngel
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    Need help with business class project for writing income statement. What would I list as revenue and what would I list as expenses? This was the info given for a fake company and I am to use it to do a few things, one being income statements, which I attempted but am now a bit stuck with

    Posted: 26 Nov 2021 07:33 PM PST

    Need career advice i suppose

    Posted: 26 Nov 2021 01:29 PM PST

    So I'm a second degree accounting student. I graduate in December. My first degree was in finance but due to taking care of a disabled parent it was hard to find a job in finance that was flexible at the time so after my parent passed, I pursued accounting to get a CPA and have that help bridge the gap/lack of experience. Especially since anytime i tried to find a position internally i was told to get some experience and apply back.

    I had an interview at the comptrollers office for an Audit 1 position and am currently waiting on a final offer (was told start date would 1/2 @ 8am if final offer came through). I was confident in the interview and really wanted it because I always wanted to work in fraud/anti-money laundering and such, so I wanted to pursue a certified internal auditor, certified financial examiner, etc. It is a state position so I'd get great benefits and pto and such and I'd like to eventually transition to the IRS or federal accounting or something and do my time and retire. (taking care of a disabled parents for my teens and most of my 20s has left me realizing i can die at anytime so if i could do my 20 and have a decent work/life balance and enjoy my older years that sounds great)

    My current hospital -- I work in a patient facing role and am BURNT OUT, like legit I came home one day and thought "if I lived alone I might have killed myself tonight." I got an offer from them for a financial analyst 2 role, I'd be the only one at my campus and dealing with the VPs and higher ups plus 2 other outside major clinical areas. it does pay more than the what the comptrollers office offers by like 20k and i will be working my ass off for that money. BUT I don't know where I'd want my career in finance to take me -- there is no analyst 3 at my location just our major location 45min away. I applied to these roles for years then gave up with the mentality that I would finish my accounting degree and leave for an outside role.

    I am still trying to apply to IRS positions and federal/DoD contractors and such should the comptroller offer not come through and have reached out to recruiters.

    I just don't want to accept the hospital position and regret it because while yes it pays more, will I still feel the current burnout I have? I also don't want to be pressured into accepting it right now and then getting the comptroller offer and jumping ship and burning a bridge at the hospital.

    I just don't know what to do anymore. I'm stressed and burnt out and honestly just wish I could take off the month of December.

    My friends and family all say chase the money but I was poor while taking care of my parent and learned I can live off minimal stuff. The state position still offers a 40% raise from where I am currently and the hospital is almost doubling my pay if were to stay but I can't seem to get excited about the position. I've legit been trying to talk myself into the position and just can't.

    I'm also not above just going entry level accounting in like A/P or A/R or something

    submitted by /u/hi_heythere
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