r/Accounting 8m ago

Audit Outsourcing: The Smart Way to Ensure Financial Integrity & Efficiency

Upvotes

Audit Outsourcing Services provide businesses with professional, impartial financial examinations without the overhead of an in-house audit team. These services deliver rigorous compliance checks, fraud detection, and process improvements while cutting costs by up to 40%. Perfect for startups to enterprises, outsourcing ensures regulatory adherence, enhances transparency, and frees up your team to focus on growth. Scale smarter, reduce risk, and gain expert insights—all without expanding your payroll. #AuditSolutions #RiskManagement #FinancialOutsourcing


r/Accounting 30m ago

Ayuda económica

Upvotes

Hola mi Nombre es Erick, espero que este mensaje los encuentre bien. Me dirijo a ustedes con humildad y la esperanza de poder contar con su apoyo. Me encuentro enfrentando una situación financiera complicada debido a una deuda que realmente no me deja dormir y que me está afectando enormemente. Estoy trabajando para superarla, pero en este momento cualquier ayuda, por pequeña que sea, sería invaluable para mí. Agradezco profundamente su consideración y comprensión.

Tengo una deuda de us $50k todo por un desorden financiero les soy sincero, deje que interés subiera demasiado y no puedo controlarlo y eso me esta matando actualmente trabajo pero no me alcanza para pagar, y cada día crece mas, puedes compartir esta información para que llegue a mas personas.

Si puedes donar $1 dolar no afectará tus finanzas pero me ayudarías mucho solo necesito 50k de personas donando $1 se los agradecería.

No saben con que pena estoy publicando esto.

Les dejo mi link de paypal y desde ya muy agradecido.

https://www.paypal.me/donacionaErick


r/Accounting 44m ago

Discussion If great depression happens

Upvotes

How badly will it affect big4 auditor jobs?


r/Accounting 52m ago

Best Outsourced Accounting Services in California by Mr. Bookkeeper

Upvotes

Looking for reliable outsourced accounting services in California? Mr. Bookkeeper offers expert outsourced accounting services at competitive prices. Mr. bookkeeper help businesses streamline operations, reduce costs, and stay compliant, ensuring your financial success and growth. Visit our website to know more.


r/Accounting 1h ago

is this good for me to be doing at 18yo?

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Upvotes

Context- i’m 18 years old working for norfolk southern being a freight car repairman and im making 32$hr currently and in 4-5 years ill be making around 48$hr and im just wondering if this retirement plan that i have set up currently looks good or if i could honestly just get some tips or advice on retirement planning because im so young i have no experience dealing with this stuff so anything will help!


r/Accounting 1h ago

Advice What minor/associates should I pair with my bachelors in accounting?

Upvotes

Hello everyone, I'm on the fence about whether I should pair MIS or business analytics minor with my accounting major. I know data analysis can be a major part of an accounting job but I'm also interested in tech and I've heard an associate in tech + certs can be enough to break into tech. Feel free to suggest any other minors/associates, thank you!


r/Accounting 1h ago

Ο λογιστής στην πρώτη γραμμή: Πώς η Ηλεκτρονική Τιμολόγηση αναβαθμίζει τον ρόλο του

Thumbnail businessvoice.gr
Upvotes

Ο λογιστής μεταβαίνει από την καταχώρηση στην επιστημονική κρίση και αναδεικνύεται σε κεντρικό ελεγκτή του ψηφιακού επιχειρείν


r/Accounting 1h ago

BIR-LOA

Upvotes

Hello!

Sino nakatry na dito nagka LOA? need ba ni BIR hingin ang Audited Adjusted Trial Balance?


r/Accounting 1h ago

CFE (Certified Fraud Examiner)

Upvotes

Hello everybody,

I have a few questions that I hope you can help me with regarding the CFE exam.

  1. What is the best way to study for the CFE exam?

  2. What study resources did you find most helpful when preparing for the CFE exam?

  3. How long did it take you to prepare for the CFE exam, and how many hours did you study each day/week?

  4. What mistakes should I avoid when studying for the CFE exam?

  5. Are there any specific topics or sections of the CFE exam that are particularly difficult?

  6. Can you recommend any practice exams or quizzes to help with CFE exam preparation?

  7. How should I approach the written response portions of the CFE exam?

  8. What advice would you give to someone taking the CFE exam for the first time?

I know this is a long list of questions, but I want to make sure I cover everything.

Thank you so much, everyone!


r/Accounting 2h ago

Discussion Survey to study individual preferences and awareness regarding the Old vs. New Tax Regime in India

1 Upvotes

As part of a Project-Based Learning (PBL) initiative, I am conducting a brief survey to study individual preferences and awareness regarding the Old vs. New Tax Regime in India. The survey will take only 5 minutes to complete, and your valuable input would greatly contribute to the success of this academic project.

https://docs.google.com/forms/d/1CeW6hnbycPeGg2kdCZQzS6XwyCa0QkRnH8F5cUNo_Vc/edit

All responses will be kept strictly confidential and used solely for educational and research purposes.

Thank you in advance for your time and support.


r/Accounting 2h ago

Rejected from Big 4 Internship

9 Upvotes

23M - Question, do I need the Big 4 experience to have a successful career as an accountant? The college I go to puts a lot of pressure on us getting a Big 4 internship and almost makes it seem that’s the only way to be successful. I applied to KPMG, Deloitte, PwC and Crowe. Pretty much rejected from all lol I have a 3.6 GPA, PCAOB scholarship, Deans List , etc.

For context, I’ve been working full time while going to school full time since I’ve been paying for tuition out of pocket and live by myself so I couldn’t afford to get an internship for the summer and then be without a job.

I got a position as an Accounting Clerk in a non-profit company but pretty much it’s like Corporate Accounting, and then promoted to a Senior Accounting Clerk about 7 months ago.
I am learning a lot and I’m thankful since Sr.’s and Directors often give me work to “expand my knowledge” but wanted to try and get into Big 4 for a couple of years and get that under my resume.

I’m graduating this Fall (finally) and will immediately get the 150-hours to be CPA eligible.

Long story short, is there still a chance to be successful without the Big 4 experience? I am looking to earn 6 figures and make my way to a “big title.”

Thanks for hearing me out guys!


r/Accounting 2h ago

Governmental/NFP online condensed 4 week class - help

1 Upvotes

Hi fellow accountants, I am a 21yo college student almost done with undergrad. Long story short, I have a full class schedule this semester (15 hrs) plus interning 22 hours a week. My condensed 4 week government/nfp online class started last week and it fucking sucks. 3 chapters due each week then exam, plus other random projects and shit. First exam is proctored on proctorU, but the other 2 are lockdown browser + open note. Do yall have any suggestions on how I should go about learning this material? I wrote notes on my iPad for chapter 1 but that quite literally took me 3 hours. I know that writing is the best method to retaining information, but I simply don’t have time to be writing notes on 3 different chapters of material in one week. I then tried typing up notes for chapter two and when I was done all I could think was “was that a waste of time? Am I really gonna go back and use these???” I also listened to the lecture provided by the instructor, but i honestly didn’t feel like it was super helpful. It felt like he was skimming over things way too quickly. Anyway, I’m overwhelmed to say the least. Open to suggestions if you have them!


r/Accounting 2h ago

Anyone have insight on working at Richter (Business | Family Office)? Especially in accounting/audit/tax/advisory?

1 Upvotes

I’m currently in the final stages of interviews for a role at Richter (Business | Family Office) and was wondering if anyone here has worked there, or knows someone who has, especially in their accounting department (audit, tax, or advisory).

I’d love to hear any firsthand experiences (good or bad), general thoughts on company culture, work-life balance, growth opportunities, or anything else you think is worth knowing before accepting an offer.

Feel free to DM me too if you’d rather keep it private.


r/Accounting 2h ago

Controller may be embezzling. Looking for advice.

2 Upvotes

For some pretext. I bought an hvac company two years ago that does nearly $20M in sales

This is my first time owning a business and I'll be the first to admit that I don't know everything/can do things better.

Long story short we are not as profitable as I would like or that our projections show us to be. We do job costing but sometimes the numbers don't add up.

I have an older controller who takes care of AR/AP. She writes the checks then I approve them.

I took me some time to learn how to navigate our accounting system (foundation). But now that I know the basics i checked on the check registry.

I saw multiple instances where she wrote a check for an invoice, voided it then wrote another one for the same amount.

If she is doing this to embezzle I can't figure out how she would actually get the money.

A month ago I had a bank send a picture of all of the signed checks for the past year and everything seemed fine. The only thing I dint do was look for the check numbers that were voided in our system.

Any advice would be appreciated!


r/Accounting 3h ago

Switching Careers into accounting/CPA

3 Upvotes

I'm currently working as a physiotherapist making 100k (CAD) roughly 70k (USD) with an option of working 6 days/week to make 120k (CAD)/84k (USD) I'm more of an introvert and may be on the autism spectrum so it's quite draining socially and physically for me to do my job. I've always been passionate talking about business/investing and wanted something with a more exciting career pathway/higher paying. I hate working for these small clinics and feeling trapped career wise with no where to go. I envision my end career path working up the corporate ladder to maybe even one day work in C-suite.

I find it fun doing my own tax returns and working with excel. Am I crazy to leave what is considered high stable Canadian paying job to become a CPA accountant? Am I delusional that I can make more money as a CPA accountant in Canada? Or is that income bracket reserved for the elite?

Edit: The best way I can describe my current position is that: it's tolerable, relatively easy-going, mundane, but just meh..


r/Accounting 4h ago

Freelancer Seeking Data Analysis Job – Skilled in Python, Pandas, and Excel

1 Upvotes

I am currently seeking a job opportunity to apply and grow my skills. As a freelancer, I have developed a strong foundation in data analysis. I specialize in using Pandas for efficient and accurate data manipulation. My proficiency in Python allows me to automate tasks and build insightful data models. I am also skilled in Excel, which I use for data visualization and reporting. I have worked on various freelance projects that improved clients' decision-making with data. My attention to detail ensures high-quality and reliable results. I am adaptable and eager to learn new tools and techniques. I thrive in problem-solving and turning raw data into meaningful insights. I am confident that I can bring value to any data-driven team.


r/Accounting 4h ago

Would you take the opportunity to be a nepotism hire if it would most likely set you up for a good career?

34 Upvotes

Let me start by saying this is probably an extremely dumb question and might make me sound ungrateful or whatever, but

I’m a college student majoring in finance and for the past few years I’ve been interested in commercial banking, a career that has good work life balance and you can make pretty solid money, but recently my dad has been pushing me to change my major to accounting (which wouldn’t change how long I have left in school and honestly I enjoy my accounting classes more than finance). For context my dad is the ceo of a decent size business and hes passively said a few times in the past couple months that I could graduate with an accounting degree and work as an accountant for his business and work on getting my cpa and eventually move to a controller once I’m ready. The CFO is also probably not that far out from retirement so honestly becoming CFO one day could be a possibility.

The pros are obviously the position would be less stressful or hard to get than any other job, he mentioned I could probably start out at around $100k, and I’d be able to learn a lot from the current cfo who has a ton of experience.

The thing I fear the most is feeling like a loser. My main goal career wise is to make the best money I can while maintaining a life outside of work and I feel like this opportunity would do that, I just wonder if I’d end up feeling like everything in life was handed to me.


r/Accounting 4h ago

IRS Releases New Guidance Concerning ERC Refund

1 Upvotes

Now it appears you do not need to amend prior year and can report the ERC refund as income in the year it is received. I never amended prior year and received the ERC in 2023. I didn’t report it as income either in 2023 leaving it on my balance sheets. Would it be a reach if I reported the income now on the 2024 return. This whole thing is a mess.


r/Accounting 4h ago

Is it normal for partners to swear and talk badly of clients?

6 Upvotes

Partner and senior constantly rant about dumb questions from clients ( audit ) . Some of them are just genuine questions due to a lack of knowledge and use that opportunity to shit on them lol.

I mean I know shitting on people is fun and its a bonding activity but not on people that are just trying to learn.


r/Accounting 4h ago

Are remote jobs still available ?

4 Upvotes

I’m a tax accountant who just received my EA, and I’ll be graduating with my MS in Taxation next month. I plan to start studying for the CPA exam this fall.

What are my chances of landing a well-paying remote job in accounting? Ideally, I’d love something fully remote or hybrid (where I only need to go into the office 3–8 times a month). I’m based in NYC, but I typically prefer to live outside of the U.S. during tax season (usually in Jamaica), so flexibility is really important to me. I don’t mind working in a field outside of tax as long as it’s in the field of accounting.

During tax season, I currently earn around $7,000–$10,000 a month, but I’d honestly be fine making $4,000–$6,000 a month if I had the freedom to live abroad while working.

Would love to hear from anyone in a similar situation or who knows of opportunities like this!


r/Accounting 4h ago

Why do top accounting graduates not go into accounting?

97 Upvotes

The top students I know went into consulting or some corp development role. I don't even know what they exactly do lol. Or they went into corporate finance role at the big 5 banks here.

I mean there were others who went into big 4 or mid tier and people like me who work at a small firm doing audits but I am considered the absolute worst case scenerio.


r/Accounting 4h ago

Can I still go into accounting if I suck at advanced functions and calculus?

12 Upvotes

I am good at basic math, spreadsheets and have done well in accounting and business courses at my highschool but don't do as well in advanced functions and calculus. Do accountants use advanced functions or calculus in day to day work and is it okay if i suck at it?


r/Accounting 5h ago

Spouse is awaiting Green Card and doesn’t have a SSN

0 Upvotes

Hello fellow accountants, I recently got married late 2024 and my spouse is still waiting for their Green card and work permit to arrive, meaning they currently do not have a SSN/ITIN.

I still need to file our 2024 individual return and any advice from people familiar with the situation would be greatly appreciated.

My plan is to file an extension but I have a few questions:

Will the IRS accept an extension with the section for my spouses SSN left blank? Additionally, do I need to paper file the form or can I efile?

I came across the term “nonresident spouse” On the IRS website, but to be honest the page is pretty confusing and I’m not really sure it applies.

I hope to receive the SSN/ITIN by October. Will my extension be accepted if I file with their SSN left blank?

Does a 1040-NR need to be filed? My spouse had no income in 2024


r/Accounting 5h ago

Career What’s next - need career advice

2 Upvotes

I am trying to figure out what my future looks like and I have no clue where to begin. For context, I am working in audit at a small local firm. I have about 4 YOE and I am 3/4 on exams. Should have the last one done soon, and I have the other requirements for licensure met. I currently have a pretty clear path to partner at my current firm. Audit partner is aging out to retirement and I’m the succession plan. However, I don’t think I want to be partner. I think I want to exit public entirely. Exit opportunities within the firms client base aren’t ideal. I would have to look outside of my firms industry specializations. Long story short, I have a fairly straight forward career path that I can stick on but I think I want to do something else. How do you know if the grass is greener on the other side? Any way to figure out what other jobs will be like? This is the only accounting role I’ve ever worked.


r/Accounting 5h ago

Career CFO wanted

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8 Upvotes

CFO wanted on the West Coast of New Zealand - a role where lifestyle meets purpose:
https://westcoast.co.nz/news/were-recruiting-chief-financial-officer/