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    Tuesday, November 2, 2021

    Accounting It took 13 years of dedication, but today it finally happened.

    Accounting It took 13 years of dedication, but today it finally happened.


    It took 13 years of dedication, but today it finally happened.

    Posted: 02 Nov 2021 11:14 AM PDT

    What does CPA stand for? Wrong Answers only. Bonus points if you do all sections of the CPA exam too.

    Posted: 02 Nov 2021 02:03 PM PDT

    I should probably be studying right now instead of this, but screw it.

    submitted by /u/One_Called_Carter
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    Putting in my notice tomorrow in public accounting after 6 years. Wish me luck!

    Posted: 02 Nov 2021 06:13 PM PDT

    Resigned via email while sick, they packed my things for me, in the worst way.

    Posted: 02 Nov 2021 03:41 PM PDT

    Background: Industry job for a little under two years, I'm 8 years in to my accounting career, bachelors, no CPA but I'm eligible. I'll be glad to answer any questions but I'm cutting to the chase.

    The company I resigned from accrues your PTO at 3.7 hours per pay period (26 periods annually). If I have a family emergency or I am sick I have the worst panic attacks leading up to an appropriate hour when I call/text my boss to inform her. Zero flexibility. Basically begging for forgiveness for being sick.

    I accepted an awesome job offer and was waiting until the background check and physical were completed to formally resign, in person, because that's standard if you aren't WFH IMO. However, I had the flu at the beginning of month end prep/ME and after many apologies they just didn't give a shit, even though they know I take pride in my work and would work as many hours as needed to meet our month end deadlines (they don't let us work from home unless you've been there 10+ years so it wasn't an option for me). So in turn I resigned via email (hate if you want, idc)

    Back to the chase...sorry...Instead of letting me continue to work for two weeks to alleviate stress for my coworkers during the transition they said no need to come back, turn your key in tomorrow. Ok, fair enough.

    Yall.. I showed up today to collect my things and they had packed them for me! Had it all ready on a cart for me to take to my truck. I was shocked. I thought maybe they weren't as awful as I thought. Then I got home and unpacked my desk bicycle and box of pictures, etc. They put my coffee mug and travel mug in the box and THEY removed the lids. There was an inch of coffee in both mugs. There is a sink four feet from my cube. I also gladly would have packed my own shit as I am not a confrontational person at all, they know this.

    I made the right decision 😌 ✌

    submitted by /u/amityvill3whor3r
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    When a recruiter asks why you took their B4 offer.

    Posted: 02 Nov 2021 05:36 PM PDT

    Mushroom and pineapple is good stuff, though, have to admit

    Posted: 02 Nov 2021 07:16 AM PDT

    Basically what HR and partners think when they give out “firm swag”

    Posted: 02 Nov 2021 09:00 PM PDT

    Lunch with Partner

    Posted: 02 Nov 2021 05:39 PM PDT

    So, I(35 male) got an offer to join a B4. I took it but it doesn't start until next year. The partner that hired/interviewed me offered to meet for lunch. I agreed cause I know ppl that have done it but now he wants us to join other mbrs from his team cause they haven't seen each other in a while. Which is super Awkward to me. He gave me a heads up cause he didn't want me to expect just a one on one lunch. Dunno what to do cause now I have to essentially impress 4 or 5 other ppl.

    TL;DR Meeting team and partner for lunch.

    submitted by /u/Numbers-Acct-67888
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    Accounting sheep

    Posted: 02 Nov 2021 07:18 PM PDT

    My firm sent out an interest survey for the Christmas Party. One of the options was a remote party

    Posted: 02 Nov 2021 09:26 AM PDT

    haha. Anyone else having a remote party this year?

    submitted by /u/preciousbane213
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    Have an accounting degree and don’t want to do accounting anymore

    Posted: 02 Nov 2021 10:23 AM PDT

    Thought accounting was the route for me, work at B4 now, tried the CPA, hate it and don't want this as my career. What are my options?

    submitted by /u/Aggravating-Act1661
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    How do I renegotiate starting salary after I accepted?

    Posted: 02 Nov 2021 11:01 AM PDT

    I interned with Big 4 this winter and accepted an offer of 70k to start in fall 2022. Now I'm hearing people are getting offered starting salaries of 77k for the same job and location. How do I renegotiate my salary before I start?

    Edit: Bay Area since these starting salaries are so hard to believe.

    submitted by /u/auditGermanz
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    Just had my yearly performance review…

    Posted: 02 Nov 2021 08:28 AM PDT

    I need to vent and perhaps ask opinions. TLDR summary at bottom. I work at a small 4 person (tax/accounting) firm in a medium sized city. Low to medium low cost of living in Midwest US. Boss/owner is making lots of money running this firm. I'm the only other cpa working here, one other person back in school to try for it. Just finished up my third year of experience here with the very same firm that I started at. After finishing my cpa at the end of year two with the firm she put me on salary at 50k starting out, but no healthcare, just some shitty reimbursement arrangement that hardly covers anything. I'm in good health, so no biggie but recently had some old injuries flare up that I also would like to take care of, so that sucks. Just was told I've been growing so much and that they are very happy with my progression, excited for me to take on more responsibilities, yada, yada. The raise I was offered was an additional 5k. Which I am really not thrilled with at all. I figured I would grow faster early on as I assume more and more responsibilities - which I have, and then slow down later on in terms of salary. I'm worried that I may be getting taken advantage of as my boss is a very aggressive shark of a business owner who certainly looks out for themself, perhaps not only themself but I'd say first and foremost. Basically. I'm looking for sound advice or reassurance from people with experience. Am I just being a baby? My family and friends are constantly pushing me to just cut the cord and leave this place and I said I would wait and see what my performance review was like. Sorry TLDR: I feel underpaid/taken advantage of. Looking for advice or reassurance. Or perhaps tips on looking for other opportunities while still working with the place you intend to leave - Do's and Don'ts.

    submitted by /u/paytonssmith
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    Got my first job at a public firm!

    Posted: 02 Nov 2021 06:09 PM PDT

    This probably doesn't mean much to most but I'm super happy for myself. I didn't do the best in college. And had interviews at a few local firms before graduating but didn't get an offer. So I moved back home and just did bookkeeping for a small company in the meantime.

    I worked there for two years and decided I wanted to go on the job search again. I applied to a place and within two hours they reached out and wanted to do an interview! I interviewed with them three times and by the end, got an offer. I've never done any public accounting work, let alone the audit work I'll be doing for them. But they seem great and plan to train the hell out of me. Next goal is my CPA!

    submitted by /u/adman135
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    Did you know in some provinces in Canada accountants are exempt from Employment standards act, that legally allows the employers to not pay overtime, minimum wage, maternity leave, vacation pay etc.

    Posted: 02 Nov 2021 08:01 PM PDT

    Why is this shit allowed? I bet partners helped pass this legislation. This is the clown shit. Crabs in the bucket to the max. I am gonna more research on this. I am coming for you.....

    " in B.C., both accountants working in accounting firms and the larger number of accountants working in industry are not entitled to any of the basic employment rights protected by the Employment Standards Act. These range from the minimum wage to vacation, statutory holiday, overtime and termination pay, as well as statutory leaves such as maternity leave. "

    https://ropergreyell.com/bc-government-expands-employment-standards-exemption-accountants-2/

    submitted by /u/oilsarelives
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    What is the most expensive thing you've ordered for lunch or dinner when the manager or partner was paying?

    Posted: 02 Nov 2021 04:20 PM PDT

    With regards to either one on one lunch or the engagement team/small outing not company wide.

    submitted by /u/A1-S1
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    Comp thread: Word on the block is comp is fuxking skyrocketing for new hires

    Posted: 02 Nov 2021 04:46 PM PDT

    How much y'all mfs getting paid? 77k in the Bay Area? I'm freaking appalled. Are we actually getting treated decently now? Has Public Accounting learned its lesson?

    submitted by /u/Soxonmyfeet
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    Does it really get better after Public Accounting?

    Posted: 02 Nov 2021 09:45 PM PDT

    Currently an auditor at the Big 4. I'm realizing that I absolutely hate this job, I have a year of experience under my belt. This job just eats my soul out.

    Does the work really become better and more interesting once I'm on the accounting side instead of audit? Please be honest, not looking for motivation. Just wanted to know if the grass really is greener. I intend on leaving as soon as I'm a senior.

    I think I just hate the idea that I am literally incredibly replacable. No matter how many hours I put in, if I'm gone, someone will come along and do the work.

    submitted by /u/depressedbig4auditor
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    Recruiters - how are they so bad at their jobs?

    Posted: 02 Nov 2021 10:03 AM PDT

    Recruiter emails me last night that I have never spoken to about a VP of Accounting role that will grow into CFO. We schedule a call.

    Recruiter calls me. After giving me some basic information on the client of theirs they ask "so what do you think the salary for this position should be?

    I'm like "that's a very loaded question. They didn't give you a range? I know nothing about their size, complexity, headwinds they are facing, etc."

    Recruiter responds with "the current VP is retiring and I think they are paid 20% under market."

    I respond with "well..send me the details and I can review over a few days and I will respond if I'm interested in being presented at a market rate"

    Recruiters 🤦‍♂️

    submitted by /u/CherryManhattan
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    How many people would actually join the AICPA if all the PA firms did not mandate and pay for "membership"?

    Posted: 02 Nov 2021 07:54 AM PDT

    What a joke of an organization.

    submitted by /u/Capslock91
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    FIFO in the military

    Posted: 02 Nov 2021 06:18 AM PDT

    I got hired at a regional firm and I feel extremely unqualified.

    Posted: 02 Nov 2021 07:29 PM PDT

    I barely graduated this past May because of how horrible my teachers were. I felt like I forgot almost everything that I learn from college about accounting so I tired to avoid applying to accounting firms for awhile. Until I wasn't able to get any interviews or job offers. So I applied to this regional firm and I honestly did well in the interview. Then I gave them my transcript (which probably scared them) and got me to wait a-couple months until they did some other interviews. Then they offered the job to me and with the salary I asked for. After being broke for so long I couldn't find it in me to turn down the job. But I feel so stupid and I am so intimidated about having to take the CPA exam now. Am I just having imposter syndrome? Or what?

    submitted by /u/Sams0l
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    Why do you need 2-3 years in public accounting to be a senior accountant in industry?

    Posted: 02 Nov 2021 10:03 PM PDT

    I don't plan on spending too much time as an auditor. 1 year maximum at this job, if I can even survive that.

    What I don't get is why 3 years of audit is equivalent to a senior accountant role? I feel like the job duties are so different that an auditor would still need to learn the ropes once he lands a senior accountant position. Do you really need to spend 3 years in auditing to be able to perform the job duties of an industry senior accountant effectively?

    submitted by /u/A7X13
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    Rip comment summary

    Posted: 02 Nov 2021 08:14 PM PDT

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