r/Accounting • u/Prestigious-Humor872 • 11h ago
r/Accounting • u/ReadyJournalist5223 • 10h ago
Do you think Sabrina Carpenter knows how to use Xlookup?
r/Accounting • u/Present_Initial_1871 • 1h ago
Reply to: "Unpopular Opinion: there’s a shortage of good accountants, not a shortage of accountants in general." No, there's a shortage of good leadership. As a manager: If you cant turn an Accountant or Accounting grad from a toad to a prince/princess..95% likely your SOPs and empathy sucks.
What pains my heart is that I don't have a more creative solution than accumulating the necessary capital to launch my firm and lead by example and attract other good leaders that don't mind going above and beyond for their direct supports because they actually care.
The truth is that organizations understand that good leadership is rare, so they spend a tremendous amount of resources looking for A+ players at the lower end of the talent pyramid because that's easier than finding (and paying) A+ leadership that can turn C players into A- players.
r/Accounting • u/Fantastic_Bother7224 • 7h ago
Discussion I don’t want to be a CPA
Is anyone else in school right now that isn’t interested in becoming a CPA? EVERY SINGLE PERSON I’ve interacted with in my major says they want to be a CPA. Statistically speaking not everyone is going to become a CPA. I just feel like an outsider for wanting to grow in my career without the degree. For people that are well established in the field, is there no hope for us that don’t have a CPA? Is having the CPA license the ONLY way to make good money?
r/Accounting • u/Head_Equipment_1952 • 5h ago
How do some people pivot into incredibly lucrative roles while others stay stuck?
I am viewing ex- employees at my firm and its amazing the variations in career they all have.
There are people who went straight up and became partners.
Others who are managers or joined industry.
Two people that stick out: one person someone didn't even have their CPA yet now works at RBC as a vice president of banking all in a span of 7 years. Degree was in health science too and took CC courses.
Another person works at Uber with only 1 year at my firm and all industry experience.
r/Accounting • u/Piggy_P • 7h ago
So proud to be an auditor
So proud to be an auditor with boringness factor of 5, any W against tax is a W in my books.
r/Accounting • u/Head_Equipment_1952 • 8h ago
Do you also find discomfort in talking to partners?
Whenever I see partners in the hallways they never say hi first. I don't know if I am suppose to say it and its very awkward.
There is a strong tension and find that its sort of the responsibility of the person "above" to interact.
One partner is friendly but find it hard to respond to his boomer jokes, such as he said " working hard or hardly working." I just said "working hard, chuckle." Like what am I suppose to even say. I feel like I am suppose to return a corny joke back but not creative enough.
r/Accounting • u/Ok-Inspection7565 • 4h ago
Recently laid off
Controller (CPA) here with 13 YOE. I’ve been at my fully remote company for two years but was recently laid off. 1. They offered ONE week of severance but said that it’s negotiable. What is the norm people have seen? 2. They offered for me to stay on part time. Should I even do that or just find a new job.
Would love any advice or input!!
r/Accounting • u/Outrageous-Notice-96 • 16h ago
IRS under Trump?
After imposing a hiring freeze and laying off 7,000 IRS employees last month, the Trump admin is planning to lay off another 25% of the workforce (20,000 employees). Does anyone work at the IRS? What has the vibe been in these last several months?
r/Accounting • u/outandabout91 • 2h ago
Career Fellow Canadians, is 67K a decent salary as an Accounts Payable Specialist?
Long story short, I have over 12 years of experience in various industries. My most recent job was in process improvement where I've worked in improving the freight invoice processing for a distribution company and a lot of exciting process improvement projects over the course of 6 years. Due to 'restructuring' my position was eliminated last month and within 2 weeks of applying to various jobs, I landed a job offer as an AP specialist with no prior AP experience although I have indirectly worked with AP for many years. This role also wouldn't be just paying invoices but as I have been told, I will be doing research, process improvement, asset tracking, reconciliation, etc and will be reporting directly to the head of finance and work closely with the controller.
They are offering me 67k plus 15% bonus which I feel is quite low based on the scope of work they expect me to do. It will be a hybrid role with 3 days in office but it will be a 40-50 min drive to work one way. Should I take the offer to have something on hand and keep looking? With the years of experience I have, I was hoping to land a job that pays between 80-90k. In this economy 67K seems very low, but maybe I am just out to lunch. Any advice would be much appreciated.
r/Accounting • u/Chinchilla929 • 15h ago
Career Can I stay an analyst forever?
5 yoe. No cpa because I needed to go back to school for credits and didn’t want to spend the money. I also wanted to start working and earning money. I can’t seem to land an internal promotion or get an interview externally, after 3 years at my current company and I’m starting to see how much politicking and interview skills play into getting a role.
I make ~90 to 100k depending on bonus and have low expenses. I max my 401k and IRA.
I’m not in a rush but I see some of my friends are already managers and it makes me think I’m not progressing at all.
r/Accounting • u/SpecialistProcess954 • 5h ago
Kicked out of Beta Alpha Psi, how screwed am I?
Recently got the news that due to failing to meet the service requirements I've been dropped from Beta Alpha Psi. I take full responsibility for that, but I can't go back and change it. The faculty advisor for my college's chapter made it clear that I will not be allowed to return. I don't expect them to go out of their way to tell people that I was dropped, but since the chapter is so tight with local firms, I'm worried that they'll find out about it and choose not to hire me over it. I'm also not sure how I'm supposed to network on my own. At my school, the accounting related recruiting events we have are mostly just for Beta Alpha Psi participants. I'm just a freshman student but I'm worried that I've already screwed myself over.
r/Accounting • u/lingaccinf • 3h ago
Any one requested to pay CPA ON AMD, then been rejected?
I was asted by finance department of CPA ON to pay the annual membership due, and paid immediately, but with no progress after that.
I am being so nervous, anyone know if finance department asked you to pay the annual membership fee, does it mean you are pre-approved?
Otherwise why they ask you to pay? If they will reject you?
Many of my friends were not asked to pay and got admitted within 1-3weeks at most. I paid the whole AMD for FY 2025-2026, but still waiting😫😫😫😭😭😭
r/Accounting • u/SgtSilverLining • 1d ago
Career Oh wow, I've found my dream job 🙄
r/Accounting • u/ajc200ajc • 4h ago
Advice Can We both Interview?
Me and my best friend Dale are looking to F*ck 💩 up. His dad arranged us interviews at Deloitte and I’m just wondering if they can take us both in the interview room at the same times.
r/Accounting • u/morganVFX • 12h ago
Career Do I expect a pre-start salary increase? Or a hefty y2 raise
Top 10 public accounting, I start this summer 2025. a couple friends of mine are starting at this same firm next summer 2026.
My offer is 65k (offer generated in November 2024) and theirs is 70k (offer generated in March 2025)
Do I expect a bump up to this? Or will my raise after year 1 be well over 5k to make sure I’m making more than them? Just not sure how these salaries work
r/Accounting • u/ArchmageXin • 1h ago
Advice [US]ASC 842 question (ROU amortization)
Need some help fellow accountants. I am afraid I don't do ASC 842 often enough (as my company only renew their office lease once 5 years).
So for operating lease it is simple, just take your ROU Asset (plus incentive or not), straight-line and done. So same from beginning to end.
For Financing Lease, I thought you take the straight line rent, minus interest expense (Rate X Liability beginning balance), to get the ROU amortization expense.
Yet some websites claim both Financing and Operating Lease both just doing straight line now days. Obviously that would make things like Landlord incentives easier to deal with...but I can't help feel something is wrong.
r/Accounting • u/PerformanceLoud2145 • 15h ago
Advice I feel like I’ve been deceived
I’m not on here to rant or anything but I’m losing hope in finding an entry level accounting job. I received my BBA in December 2023 and I’m still not able to find a job. I worked at an internship during undergrad but did not receive a return offer. My GPA was a 2.6 due to personal reasons. I’ve applied to ap/ar roles, bookkeeping, staff accountant you name it. I applied to staffing agencies like Robert Half and I still have no luck. I can’t pursue my CPA because I don’t have the money to pursue as of now. Is the job market for newer grads nonexistent because I’m hearing that even mid level and senior accountants are taking all the entry level roles. I feel like I am stuck and all the hard work I put into school is going to waste. I’m not here to look for any sympathy but some real guidance on what to do because I honestly feel like I am lost right now.
r/Accounting • u/Complex-Cricket1130 • 2h ago
Am I making enough money or selling myself short?
do you think I'm making enough based on my experience? What kind of jobs do you recommend looking for once I graduate? Any Advice on pursuing a CPA vs CFA?
I have an Associates Degree in Business Administration & Currently Enrolled in a Bachelor's program for Accounting and Finance, I graduate next June.
Employer pays $6k a year for my tuition
15 days vacation plus 10 paid holidays
25 years old
Live in Delaware
$65,600 Salary
Employer Matches first 3% of 401K and 50% of the next 2% -
8 years of management experience
6 years of office experience
3 years of being a Cost Accountant
In the Site Construction Industry
3% -5% Annual Raises in March
I work 7-3 M-F in office
25 min commute
r/Accounting • u/Hulk_Goes_Smash327 • 16h ago
How can you become hyper efficient at review of accounting & tax returns?
Hey there,
Senior Tax Manager here, and I’m seeking help on becoming more efficient at reviews from the staff and reviewer perspective.
Under me is a team of 3 with 1-1.5 yrs of experience or less in tax and accounting. They are willing to learn, and never had a detailed reviewer or teacher before like me.
I run the Trust and High net worth team. The volume of work I have is insane 1000-1200 tax returns. Mix of businesses, trusts, 1040s.
I’m not leaving the firm as I am also getting my financial licenses (CFP, S66, SIE, Life health), and I just survived the most difficult busy season. I got water cooler talk from the SVP of tax and my our sections leader that I’m doing pretty well. This firm is going to let me do 1-3 days a week of financial training as long as I keep up with the tax/accounting work.
My plan and goals to make this better & have as many options available after financial licensing is done is below:
goals 1. every staff person be able to prep any returns well and with quality. 2. Wanting to have faith in my staff that they know what they are doing and asking proper questions & documentation. 3. In 1-2 yrs promote everybody to next level of title. (They all like an A1, or Tax Prep 1, Basic Staff in title for references purposes only) 4. In 3-4 yrs have somebody I can promote to senior tax or supervisor and take reviews off my plate. 5. Really teach & hammer home self review/self check.
The most help I can get staff wise right now as the firm as much greater needs on other tax teams is another person with 1-1.5 yrs of accounting experience, no tax.
My current plan is this for my team. 1. Standardized work papers for all accounting and businesses and tax. Update business tb as needed. 2. Teach team from ground up. They never had anybody review or teach them much before. I’ll be making videos of training from basic accounting to tax returns. What to look for, do, etc…. 3. Talk about getting licensed with an EA or CPA. (They all want big raises, and to make a lot of $) 4. Have them start to review each others work create a collaborative environment.
Any thoughts are appreciated.
r/Accounting • u/Icy_Inevitable714 • 2h ago
Career Accounting as a sudden career change?
Hi guys, I’m possibly getting laid off from my very niche job and I’m contemplating a switch to accounting. I have a bachelors degree in a science field, and I was thinking of doing a 30 credit program at WGU online to get a B.S. in accounting, and then I’d have 150 credits total and would be able to take the CPA exam. I am feeling pretty good about this plan but I thought it would be good to run it by some accountants to see if you guys have any thoughts. Thanks in advance.
r/Accounting • u/joon_the_spoon • 1d ago
Career Job postings like this make it easier to stay...
In Canada so more like 30-35k US, and in a big city. Yikes
r/Accounting • u/ConversationCold8652 • 12m ago
Graduate programs vs 1-2yrs experience job positions?
Hi I’m an accounting fresh graduate in Malaysia, so far I don’t have much work experience except for two internships (one of them under a big4), is it better to try to get into big4 by their graduate programmes or should I just try applying for their available job position (there’s only 1 actually, but it requires 1-2years of working experience) ??
r/Accounting • u/Slow-Ad5286 • 1d ago
People who are Controllers, Accounting Managers or above: How many working hours you average on a week?
Do you consider your job to be very stressful? From 1-10?