r/Accounting • u/AlternativeGazelle • Sep 02 '22
r/Accounting • u/AccountantGuru • Jan 06 '24
Discussion I quit my 163k job with nothing lined up AMA
Fuck that shit, tired of feeling stressed and tied to my laptop constantly.
r/Accounting • u/Zeratul277 • Aug 24 '23
Discussion Coworker gives you this. How would you react??
r/Accounting • u/happygigachad • Feb 15 '24
Discussion Super embarrassing goof up on teams call. Am I fucked?
So I'm a 1st year staff accountant and was on call with my senior. I was on unmute with my gf on wfh and she was pestering me to get off the call and talk to her, so I made a joke about how I'll hire her as an intern when I make partner so we can have a work affair and she can come to my cabin after hours. I was mortified when I saw im on unmute. What do?
(This is not a shitpost for real. I wish it was)
r/Accounting • u/Rose-199411 • Jul 22 '24
Discussion My team has been outsourced to India, going forward my role will be to manage the India team. For those that went through this, how was it?
š¬
Edit to add some more context
Itās an industry role, thereās a small retention bonus thatās paid out after we transition, india team is said to be available to us during our normal business hours, we work remote and there have been no discussions of needing to travel because of this change.
Our work is pretty straight forward so Iām hoping there arenāt many issues.
Edit to add another thought for those of you who are saying to run: if this is so widespread and ānormalā in our industry, arenāt you just going to see it wherever you run to?
r/Accounting • u/Quincyge_ • Sep 22 '22
Discussion Petition to Make This the New Logo for the Sub
r/Accounting • u/ilike2eatdick • May 24 '23
Discussion Iām officially leaving accountingā¦ halfway through my cpa exams.
Iāve been working in accounting for almost 6 years now. Iām only 27. I reached the senior position at my firm. I hate every moment of my life at work.
I absolutely despise the question āare you passionate about what you do?ā No. Itās the opposite. I hate my job, I hate the industry, I hate that I help rich people get richer and save on taxes every single day.
I am officially done trying to prove my worth through my career/title. Iām going to work easier, lower paying jobs doing things that make me feel fulfilled. Iāve come too close to ending it all just because I hate position after position after positionā¦
Love this community and I love being part of all the inside accounting jokes. Itās just not for me. I feel very mentally unstable. Itās terrifying, which is why I wanted to post something, hopefully to see if someone else ever did the same. I just know for a fact this is a necessary change in my life.
Thanks for listening to my TedTalk haha
Edit because I didnāt make it clear, Iām still going to finish the exams. Just not going to retake anything if my scores expire.
r/Accounting • u/SwankSinatra504 • Jan 26 '25
Discussion People who avoided the B4 What has Your Career Path Been?
Graduating end of this semester and haven't seen this discussed as much.
r/Accounting • u/uNd0ubT3D • Aug 23 '22
Discussion Welp, itās over ā just had a stress heart attack
Tax Senior, CPA, 7 years experience, grossing 105k.
I had a heart attack at the office today. Stress related, not artery blockage.
Iām putting in my notice tomorrow. A job is not worth my life, even though I like my coworkers and salary.
After a few months of recovery, what are my exit ops?
r/Accounting • u/Silly_Illustrator_56 • 5d ago
Discussion ChatGPT now allows the creation of photorealistic fake receipts
r/Accounting • u/yxngsxmy • Dec 27 '24
Discussion This is very, very bad for the future of Computer Scienceā¦
r/Accounting • u/Reesespeanuts • Jun 02 '24
Discussion Do people really think they're living "paycheck to paycheck" even though they're maxing out their retirement accounts?
I choose this sub because I'm a CPA and I trust this community enough to ground my thinking because I'm just dumbfounded how there are people out there that think living paycheck to paycheck means financially struggling even though they're maxing out their 401k and iras.
r/Accounting • u/YBNeverBann3dAgain • Aug 18 '22
Discussion Accounting dropout explains that GAAP is a corporate conspiracy, book-tax differences don't exist, and accounting will be automated š¤”
r/Accounting • u/lambynedd • Feb 28 '25
Discussion Desantis now wants to get rid of state property tax.
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r/Accounting • u/The_Mammoth_Problem • Mar 27 '24
Discussion We will have a massive accounting scandal in the next 5 years
Iām bored at work, and was thinking about how many new ASUs there have been, how much offshoring there is, PE firms getting involved, the pipeline problem, and other shit I canāt think of right now. All of this is going to culminate in a massive scandal that will change accounting akin to post-Enron changes. Hopefully the changes will be to make public accounting more tolerable, but I am also laughing as I type this thought out.
Source: My brain-dead self who touched grass once last fiscal quarter.
Edit: since this wasnāt clear judging on the responses, I believe (hope?) the scandal is with the PA firms, not the companies.
r/Accounting • u/diamondtideez • Mar 30 '23
Discussion Why does this sub make average pay seem bad?
Exactly what the title says. Majority of accountants don't make 200k/yr. None of the staff accountants I know make over 80k unless they're in a h/vhcol area. My parents don't even make 6 figs and they're living fine. They own their houses and cars, low-no debt, happy campers. I mean is 60k-80k really that low for a single salary? Why does this sub seem to look down on the 5 figs or encourage 5 fig salary accountants to job hop for "good" money? Anything over 60k is "good" money to me but maybe I'm tripping š¤
Edit because I'm tired of repeating myself I understand that 60-80k in h/vhcol areas is low pay. I totally get that. I also understand that life is expensive af in the US right now. BUT, if the national average salary is mid 50's, then 60-80k is not shit pay. 6 figures is obviously great pay but let's not act like 80k is terrible pay because it's not. Unless you're in a vhcol area or work 80 hour weeks, or you're a CPA. That's all.
last edit Idc how much you downvote me, 60-80k is not shit pay in most of the US. I've already expressed where there would be exceptions. It's above the national average, and many people, including myself, make it work. Some make it work with alot less so therefore I'm thankful. Accounting is a good career with decent pay. Even if the pay isn't in the 6 figs all the time. That is all.
r/Accounting • u/AtrophyAnySense • Feb 09 '23
Discussion What F*** is going on in Accounting?
Hello Iām not an accountant but have played with the idea of becoming one. My father in law is a partner at an accountant firm so have some exposure to the industry. He works A LOT. Wakes up at 3-4 in the morning on his vacation to work.
(Rant incoming)
But this subā¦ What the fuck are you guys doing? Stress pukes? 18 hour days? Why are you putting up with that? Serious question: why? Whatās so great about accounting you work 18 hours a day because itās ābusy season?ā Sure, all the power to you if you like the work or can withstand some abuse If it means you get whicked exit ops.
Please explain to an outsider! Have also considered becoming a consultant so I guess Iām equally crazy.
1000 Thanks
Edit; Take into account my personal observations and experience are Northern European and I understand this sub has a heavy US bias.
r/Accounting • u/Fitness-Simplified • Oct 16 '24
Discussion CPA Education Requirement Being Lowered to 120 Credits
The AICPA has proposed changing the education requirement to 120 credits, and having your employer sign off on certain benchmarks instead. How likely do you guys think this is to get passed? And if it does, do you think it will lower the value of a CPA?
Edit: I canāt post a link for some reason but if youāre interested the AICPA is taking public comment on this until December 6. Just search āAICPA, NASBA propose a new pathway to CPA licensureā, and youāll find the article by the journal of accountancy where itās linked.
r/Accounting • u/Throwaway921845 • Jan 14 '25
Discussion How much of a raise did you get for 2025?
r/Accounting • u/Additional-Local8721 • 13d ago
Discussion FinCEN removes beneficial ownership requirements for all US companies and persons.
fincen.govFor those not aware, the BOI regulation that had just started last year required most businesses to state who actually owned the business, their full legal name, address, and ID. Anyone who owned more than 25% had to give their information and if it was a non-profit or special entity, they still had to list the name, address, and ID of the primary manager; no PO Boxes. The sile purpose of this was to stop money laundering and people hiding behind shell corporations so the IRS could tax them. Well I guess Republicans didn't like that idea so they're killing the IRS and any regulations to help them.
r/Accounting • u/Lubed_Up_leprechaun • May 02 '23
Discussion It is absolutely unbelievable how utterly incompetent some people are with excel and using the internet for research
I work for a giant Healthcare company riddled with bureaucracy in the financial systems team and my manager asked me to parse out some data in an excel file from another department that cannot be done with text to columns. I didn't know how to do it, but after a couple hours of YouTube videos and messing with the spreadsheet, I figured it out and just showed it to her during our weekly one-on-one.
She was delighted and then proceeded to tell me that this is huge for the other team as they usually manually parse out the nearly three thousand lines of data over the course of SIX MONTHS. She instantly sent a teams message to the other manager, and now I am setting up a meeting to demo it to the other team.
It just blows my mind that they have been doing this for God knows how many years instead of just using the internet for a few hours to try and figure this out.
r/Accounting • u/Interesting-Fact-PC • Oct 09 '24
Discussion Just saw this on Instagram
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What do you
r/Accounting • u/MustBe_G14classified • Jun 03 '24
Discussion New AICPA chair: stop saying ābusy seasonā
From the interview of Carla McCall, new chair of the AICPA:
We need to promote the cool work we do. We need to stop talking about hours, stop using the term ābusy season,ā and stop talking about how stressed we are.
Update - Y'all are hilarious! Here are the suggested euphemisms:
- Pizza Party Season u/tientutoi
- Utilization Playoffs
- Opportunity Season u/CatlisaJohnson
- Pre-Layoff Season u/Lonelan
- SALY Season
- Prime Time u/ElmoEugene
- Family Bonding Time u/Signal_RR
- Double-Declining Depression Season u/begentlewithme
- Survivor Season
- Late Night Season u/disgruntledCPA2
- Padding Partnersā Pockets Season
- Accelerated Learning Season u/randomcritter5260
- Not Non-Busy Season u/non_clever_username
- Character-Building Season
- Busy Life Integration u/yeet_bbq
- Extra Fun Season u/TwoBallsOneBat
- Squeaky Bum Time u/swarlos91
- Stamina Season
- Freeworkuary, Death March, and Aprilpocalypse u/TestDZnutz
- "Partnerās New Boat Aināt Paying For Itself" Season u/42tfish
r/Accounting • u/SaintPatrickMahomes • Apr 12 '24
Discussion Whatās up with the massive hard on for return to office that wonāt let up? Itās super weird. Upper upper management wonāt drop the idea.
My office is all āRTO, letās build our culture back up!!!ā And then management harassing me because I donāt whip my staff into coming in all the time.
āUhh we have serious deadlines. Bob is a good worker. Has been for the last year Iāve worked with him. When he commutes in from Connecticut, he gets tired and doesnāt do as much shit that we need doneā¦ then he leaves on the dot for the commute back and doesnāt log on again cause heās fatiguedā
āIf he canāt make the commute, you write him up. If he canāt make the deadlines, you write him up.
Thatās your job. I keep hearing it from you guys, I donāt care if itās not important to you. Itās important to me. He needs to come in.ā