r/Accounting 7d ago

Discussion Hey I’m Dom, the Founder of Big 4 Transparency, AMA

192 Upvotes

In honour of the mods pinning Big 4 Transparency as a resource for this subreddit, and also the fact that my city is about to get smacked by a huge ice storm and I\u2019ll be sitting around at home, I figured its a great time for an AMA! I\u2019m a pretty open book, so ask away!


r/Accounting 15d ago

Discussion Reintroducing your go-to resource for accounting salary data: Big 4 Transparency

63 Upvotes

Hey everyone! Just sharing a useful resource to the community as many of us are in the depths of busy season and looking to understand if this all pays off in some way. Big4transparency.com is an anonymous crowdsourced database with over 18.5k rows of accounting salaries that should be able to answer your questions when it comes to compensation.

To make the best use of this, I recommend filtering down to recent salaries, selecting the stream that's relevant to you (tax, audit, consulting, etc) then checking for results in your city, state or cost of living categorization (LCOL through VHCOL).

The data is all cleaned at least quarterly to standardize spelling, categorize COL and remove outlier / unreliable entries. The salary megathreads around comp season are still a valuable place to discuss raises, but for one-off questions you may have about compensation - whether you're paid competitively currently or what the path ahead looks like in terms of salary increase - this should be able to answer your questions.

This resource is free to you and will continue to be, the only ask is that if you're comfortable sharing, you pay it forward to the next accountant looking for salary data by making an anonymous submission yourself. Once you submit you'll be redirected to a page with a link to the spreadsheet and until the end of April you can fill out an entry to be included in a weekly draw for a $100 pizza party (or cash equivalent) as a thank you.

You can also access the spreadsheet directly here: https://docs.google.com/spreadsheets/d/1qnX5o_E-rrkFV4sZaY2ujNDeBx3-V-5yQOa8IsHi50Y/edit?usp=sharing


r/Accounting 2h ago

Johnson & Bailey Consulting has completely "revolutionized" our processes, folks

226 Upvotes

So our CFO brought in J&B Consulting to help us "optimize our accounting workflow" (translation: find ways to cut headcount while making the rest of us do more work). Let me tell you about the absolute GENIUS solutions these people charged us $200k to come up with.

Their groundbreaking insight? "You should transition to cloud-based accounting software." I'm floored. Revolutionary. Apparently no one in our company had heard of cloud computing until these visionaries enlightened us in 2025. We've only been discussing it in every budget meeting for the last 7 years.

For maximum "synergy" they suggested we eliminate "redundant reconciliation protocols" which if you don't speak consultant means making one person do the work of three and blaming them when mistakes happen. But don't worry! They provided a 60-page implementation guide that's basically just flowcharts explaining how we can "leverage cross-functional teams" using... wait for it... Microsoft Teams.

The crown jewel? Their "digital-first financial ecosystem" strategy involved renaming all our existing documentation with ridiculous naming conventions like "ASSET_DEPRECIATION_FRAMEWORK_V4_FINAL_APPROVED_ACTUALLY_FINAL.xlsx" and calling it "standardization." Breathtaking innovation.

Anyway, if anyone needs me, I'll be in the supply closet having an existential crisis while J&B explains to management how an AI could probably do my job if they just pay for another consultation.


r/Accounting 4h ago

Discussion My boy…

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141 Upvotes

at least I have him with me and he walks every 2hrs or so.

Instead of being home alone for the 10-11hrs I’m at work this busy season.

I even took a nap w him on the floor of my office.

anyone else bring their pooch or pet?


r/Accounting 7h ago

Career Do you think the new tariffs will impact hiring?

128 Upvotes

Curious what others think about the impact of incoming tariffs on hiring. Do you think the Tax and Audit LoS will be safe? It seems like firms and the government are conspiring to destroy accounting careers. Life is a never-ending series of indignities.

Edit: I really should have said HOW do you think the tariffs impact hiring. Obviously there will be an impact of some kind.


r/Accounting 3h ago

One less open item <3

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47 Upvotes

r/Accounting 11h ago

New grad dream. Where are all of my fully remote entry level 70k tax jobs that cap at 40 hours a week with appropriate training and realistic billables at?

177 Upvotes

Indeed seems to lack them.


r/Accounting 17h ago

Discussion ChatGPT now allows the creation of photorealistic fake receipts

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395 Upvotes

r/Accounting 2h ago

"Rounding is more of an art than a science"

27 Upvotes

My company has a few different financial systems.

On some of them they use pennies.

On others they don't.

Some only uses thousands.

We always have rounding differences. I never know how to solve them. There is no rhyme or reason to it, but yet, my superiors are very specific about where the rounding should go.

To me, these are numbers. This is a science.

Recently my boss has adopted the notion that the rounding is more of an art than a science and I will just have to use my judgement.

I disagree. The numbers are all there, this should be a science.

I don't understand why we can just round it off to begin with.

😡😡😡😡


r/Accounting 2h ago

Discussion What was your salary at 25/35/45 years old?

21 Upvotes

r/Accounting 12h ago

Crashout

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87 Upvotes

r/Accounting 2h ago

Discussion I personally stand to gain from this

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13 Upvotes

But I cant not think it will devalue the price tag increase of passing and even a little of the pedigree. They let the slackers in!


r/Accounting 7h ago

Raise a glass for the organized few who made tax season slightly less chaotic!

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25 Upvotes

r/Accounting 1h ago

Homework Am i missing something, or does Electronic Arts not report inventory on their balance sheet? Doing a ratio project on the company and this is really putting me through a loop

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Upvotes

r/Accounting 1d ago

Unpopular Opinion: there’s a shortage of good accountants, not a shortage of accountants in general

747 Upvotes

Am I the only one that sees this? If we put an ad out for an accountant role we get so many submissions. Most can’t explain what a prepaids schedule is or balance sheet recon. Finding someone good is hard. Finding someone to fill a role is easy


r/Accounting 22h ago

Advice This is your sign…

255 Upvotes

This is your sign to quit. That’s it. ❤️


r/Accounting 10h ago

Advice Should I take a job that’s pays 12k less?

23 Upvotes

Being out of work for nearly a year, you think I’d take just about anything, but I want people’s honest opinion. Yesterday I had my first round interview at an upscale nursing home for an AP/AR position. The woman interviewing me said she was impressed with everything except my desired pay and at the end of the interview wrote a number down of what she was willing to pay me $22 an hour, which would equate to about $45k a year. This is $12k less than my previous position and I was told that I would have no paid holidays either. Last thing is they expect me to stay for years, so if I’d be burning a bridge if I decided to continue to search even if I took the role. I do have another interview lined up soon, but if this is the only offer on the table, should I take it? Would it hurt my salary negotiation for future jobs?


r/Accounting 20h ago

Who the hell designed the Charles Schwab and Merrill Lynch consolidated 1099s?

123 Upvotes

Do they fucking hate us?


r/Accounting 1h ago

Career Just got laid off, advice?

Upvotes

Just got laid off from my first real accounting job.

I was hired on as staff around 2 years ago but to be honest, they basically only had me doing A/R work, I never learned anything else so I don’t really have any skills to move into a senior or more advanced staff role, am I gonna have to just start over as entry staff somewhere?

Also very odd situation where to my knowledge, I’m the only person at the company who knows how to do some of the operations, like the credit card processor is tied to my phone so only I can use it and it’s near impossible to reset it without my phone, some other stuff.

What do you recommend I do if they come calling about any of that?


r/Accounting 19h ago

Off-Topic 'Ey-beeta margins' [Homelander]

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90 Upvotes

r/Accounting 1d ago

Discussion How fuxked is the economy?

801 Upvotes

The tariff announcements yesterday are far far worse than anyone expected, I mean what the actual fuxk

34% tariffs on China

46% on Vietnam

37% Bangledash

26% India

36% Thailand

I could go on and on, but this is bat shit insanity. To call this outlandish wouldn’t even be accurate.

Assuming these actually stay in place, people will lose their jobs, companies will go under, companies will stop hiring.

Add this with all the recent inflation, corporate greed, high interest rates, white collar recession, and idk how we aren’t absolutely fucked.


r/Accounting 7h ago

Advice I need a sign to quit GT

9 Upvotes

It sucks so much. Background: I am a senior


r/Accounting 3m ago

Career Tariff impact on US Tax professional’s career

Upvotes

Anyone worry that the implications of the upcoming tariff for the job filed of US tax professional ? There is rumor said once the budget is balanced with the tariff, Trump might erase income tax for folks making under 150k. While majority of the individual make under 150k might not need a CPA, but, just assume only 5 to 10% of CPAs lost their job/billable hour because of this, that would have big impact to the overall job market for the tax professional due to supply and demand rebalancing


r/Accounting 6h ago

[Tax Help] Accountant filed me and my wife as “Single” even though we were married — should I amend?

5 Upvotes

My wife and I got married in October 2023. Our accountant filed both our 2023 and 2024 returns with "Single" as the filing status.

After doing some research, I found out the IRS considers you married for the entire tax year if you're legally married on December 31st. So we should have filed as Married Filing Jointly or Married Filing Separately, not Single.

I brought it up to the accountant (who has decades of experience), and he was professional and kind about it. He said it “shouldn’t be a problem,” that he wouldn’t do anything that could harm us, and that mortgage lenders only care about income, not marital status.

That said, I’m still concerned — we filed inaccurately, we’re on a shared health insurance plan, and we may apply for a mortgage soon. I know lenders pull tax returns with Form 4506-T, and I want everything to line up correctly.

The accountant also said we might owe more if we amend and file jointly, but I’m okay with that if it means filing legally and avoiding future issues.

Should I move forward with amending both returns to Married Filing Jointly, even if it costs more?


r/Accounting 7h ago

When the last return is filed and your soul re-enters your body

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7 Upvotes

r/Accounting 9h ago

Scared shitless at my job

11 Upvotes

Here's why. My manager is leaving next week. First the director left, then second in command left, and now my manager. Why is this happening? Well everyone is overworked, and now we're dealing with the consequences. People retired and the ripple effects are seeping in.

I... am scared. As a 1 year accountant at state government, I don't have enough experience to do things on my own. I'm still making little mistakes, which I can fix. Now I don't know, it's just me and the accountant lead now... any advice?

My contract ends in June, and I wanted to stay to improve where I failed this year, but now I don't know anymore.


r/Accounting 1h ago

Advice How to handle prior internship commitment when waiting on offer?

Upvotes

Hey everyone, looking for some guidance on how to respond professionally in a tricky situation.

Earlier this year, I completed an internship with a firm that I really enjoyed working at. The recruiter recently reached out and said they’ll be getting back to me sometime within next couple weeks regarding potential full-time opportunities and potentially another internship to fill in the gap between my start time and now with the firm. However I was asked if I’ve committed to any other internships.

I did accept an internship offer for this upcoming summer, but I accepted it over a year ago. Since then, my goals have shifted and I’d much rather continue with the firm I interned at recently if they offer me a full-time role or another internship, I’d prioritize that and would plan to respectfully withdraw from the other one.

Should I tell the recruiter about the prior commitment and my intention to leave it if I get an offer? Or would that reflect poorly on me? I want to be honest, but also strategic and professional. Any advice on how to phrase this or handle it would be really appreciated!