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    Tuesday, December 28, 2021

    Accounting I hate accounting but this career is such an easy mode that it makes little to no sense to do other things

    Accounting I hate accounting but this career is such an easy mode that it makes little to no sense to do other things


    I hate accounting but this career is such an easy mode that it makes little to no sense to do other things

    Posted: 27 Dec 2021 01:55 PM PST

    I bitch and complain about being in accounting everyday but whenever I consider going back to school to do a career switch, I realize how good we have it as accountants. And how little it makes sense for me to pursue other things.

    There are not that many career paths out there where you can choose to control your life, pay & career ceiling to how you see fit.

    Incredibly ambitious? Go to big 4 and be a high performer. Maybe transfer to deal advisory. Put in a few years and the world is your oyster. You can aim to be a CFO, or maybe a partner in big 4, etc. Or exit to a FP&A position in a F500 company, etc.

    Big 4 burned you out and you realize you just want a stable paycheck with 40 hour work week? No problem. Plenty of industry positions are dying to hire you for a 40 hour week 80k salary.

    Want to chill out even more? Go work at government or a public entity like university. Unionized 35-hour work week. No one's measuring your ability to generate profit. And you get paid an upper middle class salary with good pension.

    It's such a versatile degree with a rock-solid ROI. It's a fucking boring job but one that will always pay your bills, ensure your future and allow you to live your life.

    submitted by /u/gawe143
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    Is anyone else here a non-accountant that lurks the sub?

    Posted: 27 Dec 2021 09:51 AM PST

    I first joined because I figured what better way to learn about proper budgeting for myself than from the experts themselves.

    Instead I learned so much, so so much, about everything but that.

    Cheers to all the accountants of /r/accounting, it's been a fun year of learning about all your shenanigans. Get that salary raise, fuck the big 4, make that move to industry 😉

    submitted by /u/enricupcake
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    Guess who just got out of her inventory counts!

    Posted: 27 Dec 2021 07:12 PM PST

    Here we go again. Anyone else get a big laugh out of reading the comments on posts like these?

    Posted: 27 Dec 2021 05:58 AM PST

    Who said exit ops weren't diverse in accounting?

    Posted: 27 Dec 2021 10:25 AM PST

    If I hear my boomer uncle say “Ah yes, the dreaded TAX season!” one more time, I’m going to lose my sanity

    Posted: 27 Dec 2021 12:53 PM PST

    Context: My uncle keeps asking me when we can go golfing together. I keep telling him "after my busy season is done in March". I work in audit, and have explained that none of my work is related to taxes. Which I've told him every time we talk about work. His response every time (title)^

    WHAT DONT YOU F*CKING UNDERSTAND OLD MAN???

    submitted by /u/gentlesir123
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    Why is it that some companies require its staff to work nights and weekends for year-end while other companies can close out the year with its staff working the usual 40 hours?

    Posted: 27 Dec 2021 03:14 PM PST

    I got an email from a company saying they’re interested in me for an accounts payable specialist position, but they’re making me pay for my own credit report and background check. Is this normal?

    Posted: 27 Dec 2021 08:35 AM PST

    Maybe it's because I've only worked in retail up until now and I'm a college senior in Accounting trying to build up my Accounting resume for when I graduate this summer, but I have never had to pay for a background check or credit report before. The employer usually always provides that. Is this normal for office jobs?

    submitted by /u/rihlenis
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    Net worth = tax base, got it. Always great to read non-accountants take on tax issues.

    Posted: 27 Dec 2021 10:04 AM PST

    CEO shut down office for covid but supervisor still wants us to go in

    Posted: 27 Dec 2021 07:58 AM PST

    Is this even okay? There was a company wide shut down because of rising covid cases in my area. My direct supervisor still wants us to go in and doesn't seem to take covid seriously. My supervisor doesn't force coming in but guilt trips about it a lot. I'm sure this would not fly with HR but don't want to be THAT person especially since I'm a bit new

    What do I do

    submitted by /u/Apprehensive_Rain760
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    Baker Tilly Offer - lowball?

    Posted: 27 Dec 2021 01:56 PM PST

    I've been interviewing as an experienced (6+ years in government) hire with Baker Tilly over the last couple weeks. I was approached by their recruiter for a position as a SALT Manager. I had the first phone interview during which she referred to the position as a "senior or manager" level - not just a manager. My follow-up interview was with a panel who referred to it as a senior position, not a manager.

    And now today, I received my offer.

    • "Experienced" Tax Associate
    • $75,000 salary, $2,500 sign-on
    • Performance bonus 2x/year (3-6%)
    • 2350 hours/1800 chargeable
    • "Unlimited" PTO

    What happened? Was I basically lowballed here? I was recruited for a manager position, interviewed as a senior, and offered as an "experienced" associate. Granted the salary is high for an associate, but it still feels like I got the bait and switch. I would have quickly accepted a senior position in the $85-90k range.

    I'm still considering taking it, but I thought the decision would be easy.

    submitted by /u/BeHereNow91
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    best accounting joke?

    Posted: 26 Dec 2021 11:53 PM PST

    What's the purpose of the 150 credit requirement?

    Posted: 27 Dec 2021 09:52 PM PST

    Anyone know why that was added? Seems unnecessary.

    submitted by /u/djkdhdhsjs
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    After hating my life during my short time in PA I enjoy reading around r/antiwork, but comparing taxes as a % of net worth compared to taxable income... seems deliberately misleading

    Posted: 27 Dec 2021 07:22 AM PST

    Anyone having huge anxiety over the new year?

    Posted: 27 Dec 2021 09:01 AM PST

    I had been off for half month and now it's the 27th I'm so anxious about going back to work. I felt like I have used up my working-hard energy over the summer and I just cannot make full effort like I had before anymore but my team is expecting so much for the new year. I cannot sit down and just do some work as patient as I was before. I also have lost all the motivation to work and would hate worrying about some stupid journal entries when back to work.

    Am I just insane that I cannot enjoy the remaining days off or it's a normal anxiety that everyone has

    submitted by /u/thoughtsRgold
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    I have a shitty supervisor

    Posted: 27 Dec 2021 05:02 PM PST

    I HATE my supervisor.. she's a snobby entitled C*nt.. she makes me hate going to work.. she makes me feel like everything I do is wrong… what do i do.. it's literally so discouraging

    Edit: shoutout to all the kiss asses downvoting this Lmaoo y'all must love ur life since all you do is have people bash on you

    submitted by /u/Mrhonestquestions
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    Wages are rising in Canada

    Posted: 27 Dec 2021 11:35 PM PST

    Just had a friend hop from first year Big 4 audit senior to Big audit senior and go from 72k to 87k.

    Keep the pressure up, going from big 4 to big 4 doesn't impact your career at all and gets you back upto market rate quickly. The only way we will see wages rise is if people are willing to demand more by switching jobs.

    submitted by /u/jendjskdjxbznsnshd
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    It's almost 2am and I'm still at an inventory count that's 2 hours away from my home. AMA

    Posted: 26 Dec 2021 10:47 PM PST

    My goal is to eventually become a VP of Finance/CFO. What will provide more value in that journey between FAAS/CMAAS vs deal advisory?

    Posted: 27 Dec 2021 05:24 PM PST

    I'm currently in the process of transferring out of audit.

    FAAS/CMAAS seems to provide more a wider of variety of exposure to different experiences, which to me, seems more valuable.

    However, many people in my audit cohort seem to be really set on transferring to deal advisory. I can't tell if it's because they value skill set that the service line will provide them, or if it just sounds "sexy" on paper

    Either way; what do you guys think in terms of the opportunities & exit ops that each of these service lines will open up?

    submitted by /u/gentlesir123
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    Do you think I am underpaid?

    Posted: 27 Dec 2021 08:21 PM PST

    Tl;dr: 27 yr old cpa with masters degree making 55K at a regional public firm, before bonuses. Around 2 years experience. Like the work but wondering if I am badly underpaid

    I am a newly licensed CPA with a masters degree in accounting. I work for a public firm in a city in the south of the USA. The cost of living is slightly below the national average. I make 55,000 a year right now, not including bonuses. I started at the entry level associate position in January 2021. Previously I had a busy season full time internship, and a summer internship with the public firm I'm in.

    I really enjoy the work/clients I work with now, but I question sometimes if I'm underpaid or if this is just typical of public accounting. It's hard to not reach out to companies like B4, especially when I have connections/friends that are eager to recruit me so they can get a bonus for doing so. Seems like B4 sign on bonuses are common and their annual pay is better than mine is currently, I'm mainly concerned that the work might not be as enjoyable, but that is pure speculation. I love working with small businesses/medium sized businesses. For some reason I assume at Deloitte or any other B4 the tax work is all with huge clients.

    I don't really want to go into private industry yet, as I feel like I can work my way up through a bigger company by starting at a higher position, and that seems do-able if I have managerial experience in public accounting. It is frustrating though when it feels like my pay is not that great when I busted my ass to get licensed and a masters' degree and exceed budgets. I know the long term growth will be nice, but it seems shitty in the short term when you have friends from college who don't have any type of advanced education/certifications or anything and make comparable if not more than I do. Anyone else relate or have any insight?

    submitted by /u/Puzzleheaded-Car-558
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    Is this what accountants do?

    Posted: 27 Dec 2021 10:58 PM PST

    Hi everyone. Not sure if this is the place to post but yeah here goes. I've been in this job of mine as an accounts receivable associate for almost 3 months now? And all I'm doing is issuing invoices and credit notes. And idk what I'm doing sometimes? What am I even learning here?

    Day in day out, the same damn thing. I'm honestly so tired. Is accounting meant to be like that?

    I feel like quitting so bad. Everyday I wake up I feel like a dead zombie. Or a robot.

    Please advice. Thank you

    submitted by /u/frejir
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    How bad is busy season gonna be

    Posted: 27 Dec 2021 10:52 PM PST

    I started at Big 4 audit this September and it hasn't been too terrible yet.

    But second years and seniors I chatted with briefly are making busy season sound like literal hell. Like as if I just need to write off the next 4 months of my life. I'm told i'm not gonna have time for anything but work... and I should be glad if I have sundays off.

    Is it that bad? I see on my scheduling that I am still scheduled on one client at a time for about 7 weeks each. Is the amount of workload they expect me to do gonna be insanely high compared to what I did till now?

    submitted by /u/Recent_Ice_1434
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    Any blue collared workers or first-generation immigrants in accounting?

    Posted: 27 Dec 2021 08:04 PM PST

    I'm beginning my career in PA soon, after doing some lengthy work in the Trades industry. I'm going to be a tax guy in a state wide full-service shop. I'm a first generation immigrant that comes from a lower-medium income family.

    This question is specifically for people who've been in my place before: how were you able to adjust to the status quo that's quite evident in professions like Accounting and Law? The ones that come from high income families, employees with dads as partners, or just people with privilege that I don't have access to.

    I'm not trying to look at the status quo in any condescending manner. I'm just trying to point out that they are different, that I don't have much in common with them, and that I might face some barriers being in this industry working amongst them.

    If you've been in my position before, how were you able to manage working with them?

    submitted by /u/Manpreet987
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    Thinking of finally going for the CPA

    Posted: 27 Dec 2021 05:19 PM PST

    Hello,

    I'm new to the sub. I'm a 26 year old accountant who is almost 4 years out of undergrad. I went straight into industry accounting and have actually enjoyed it for the most part. I get paid well enough to not live paycheck to paycheck and have money left over to live my life but I think I'm finally ready to go for the CPA because I want more. So I was curious on other people's thoughts on a few things

    1. Is it worth it? Was there a significant pay increase for you?

    2. What are the odds of moving up to higher paying positions without it?

    3. My company doesn't reimburse for the review and tests. So any affordable good review programs? I only know of Becker and wiley

    4. Do you feel a lot of pressure at your jobs( no matter the position) because you have your CPA?

    Thanks in advance

    submitted by /u/ohsnapitsmesh
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    Is accounting too stressful and is it worth the pay?

    Posted: 28 Dec 2021 12:17 AM PST

    Hello accountants,

    Sorry if my questions are stupid but I'm a student currently considering my options for the future and I was wondering if you could provide some insight on the following factors when it comes to accounting: - what is the stress like? - is the pay good? - how long does it take to make good pay and if so, is it really competitive/demanding?

    submitted by /u/Direct-Pineapple-193
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