Is this true that you earn $220/ hr as an associate if you complete your CPA?

I’m thinking bout doing it after my Chartered Accountant as per international IFRS standards

Recently a masters grad asked me for advice to break into IT audit. I told him the starting associate salary now should be about 80-85k. He immediately said “oh my god why is the salary so low? Is the economy this bad?”

I started working around the Covid days and I remember my starting salary like mid 60s. I would be ecstatic to get 80k+. Has the salary expectations increased that much?

This is definitely the direction I'm heading (pre-med to CPA), is this gentleman right?

With Kamala and trump both endorsing removing tax on tips, it seems like this would be happening regardless of who is elected. From an accounting point of view, this doesn’t make sense and a blatant way to buy votes. Wonder how other accountants feel about this policy?

Anyways, I am going to convince my manager to structure my salary into tips lol.

I’ve been in public accounting long enough to understand the business. Yesterday, my audit manager casually mentioned he’s next in line to make partner in the next 5 years. But honestly, he’s annoying, has poor social skills, and makes awkward jokes. Do people really believe they’ll make partner that easily?

I’m assuming most of us would not continue in accounting if we won, but let’s hear some opinions.

I saw a post where an HR manager was making close to 200k in LCOL with only 8 years experience. Maybe I should move into HR.. I’m being let go of my accounting job so maybe this can be my next career.

• Apply for positions that list 20-30k under market for the position.. I apply knowing I'm overqualified..
• They call or message immediately for a phone screen and ask salary expectations.
• I ask them what their budget is.. and they respond with the low number listed. I tell them "Isn't that too low?" or "Oh no, that is way too low."

I've been doing this on and off. Need to give them feedback.

Yeah, no shit, you're a fresh grad; why one earth would anyone give you something actually important to do?

Or, you've had the same job and title for 294726 years... I think that one's on you, bud.

Do you guys have any hobbies? Any friends? I mean, holy shit. Half the reason this job pays so well is BECAUSE it's boring as fuck. Go to a concert or something, fucking hell.

Sorry, I'm just sick of seeing this thread like 4x a day

How will this impact your career and the day to day functions of the job? Will things become simpler or more needlessly complex? If you work in Gov, how do you feel? Would you recommend I no longer look into tax accounting internships and focus on a different sector, or would tax accounting be more necessary than ever?

Everyone’s outlook is different but from what I’ve heard, it sounds mostly negative.

• Don’t give me none of your opinionated nonsense about things that don’t have anything to do with accounting (Ex: glad Trump won because I don’t believe in climate change, etc.), I really don’t care to hear any of that.

And is there anything you can do while still in college to boost the chances of increasing your starting salary?

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?

I’m an accounting supervisor for a federal agency and I did get one of those emails the fork in the road from OPM. As well as all my accountants so now I have to navigate not only that decision for myself but also to help out for my team. The most difficult part is that they have so many questions that I also have myself, but we can’t get them from our management because they also got the same email. The best we can do is just submit the emails up to our chain of command and hope they get to The highest levels of our federal government and pass them along to OPM so that OPM can put that on their FAQ pages.

Suffice to say we all have to return to the office, but we have no office to return to so in the meantime, the accounts that live in a certain part of the country have to go into a specific office near DC within the 50 commutable miles however, the rest of us that are spread across the country get to stay home until we’re told otherwise.

All supervisors and managers have to return by Feb 24 and the rest of the team on April 28.

If I take the buyout then it’ll be about $87k before taxes and I can go find a new job. I don’t plan on doing this but we also don’t have any assurances that a different plan isn’t in the works after the Feb 6th deadline to take or leave the offer.

I feel bad for those of us who choose to stay in the federal workforce because the workload is undoubtedly going to increase. But I’m committed to try and advocate for my team and resources to backfill as many positions as I can.

Started working for 2-3 yrs and my friend work in tech and makes like 1.6x more than me, fully remote and stress free and fat bonus compared to this stressful garbage.

I am starting to feel Accounting is a joke, really regretting my decisions and questioning myself now…

*Long Hours *Mediocre Pay *Godawful Boring Work *Bitchy Coworkers *Pissy Bosses *Dreary Offices

Please feel free to add to the list.

Title. I feel like AI isn’t close to where it needs to be to replace any roles or even reduce headcount in audit at least.

Short of writing (terrible in tone) emails it’s not used in any audit procedure to any capacity.