Reddit accounting

I think something to consider is that salaries for all industries are pretty bad in Canada vs the US. For example, when Amazon was looking to find a 2nd HQ, both Vancouver and Toronto's proposals included that Canada pays much less for software engineers than most US cities (70-90k USD vs 100-120k USD). Accounting earns roughly the same once ... Users share their experiences and opinions on various accounting software options, such as QuickBooks, Xero, Wave, and Zoho. See the pros and cons, features, and integrations of … If you’re motivated and willing to put in the effort, it’s a good career path imo. I think determining whether you want to “do” accounting or “use” accounting is important. Doing accounting would be corporate accounting, auditing, accounting advisory, tax. Using accounting would be more corp finance, IB, other accounting practices ... Good luck with your choice. You should go for your CPA anyways even if you don't want to do public big 4 or any kind of CPA firm work. The only thing you can do without a CPA is clerical things, internal accounting, and preparing tax returns. When you get your CPA you can do everything.Depends on the company and position, but, yes, they do exist. I'm evidence of that. Better yet, a 9-5 where you don't have to worry about calls and e-mails when you aren't working. That's even better. Then add travel and money... now we're talking. 1. hindage. • 7 yr. ago. There are certainly jobs with 40 hours.Reddit, often referred to as the “front page of the internet,” is a powerful platform that can provide marketers with a wealth of opportunities to connect with their target audienc...MYOB Accountants Enterprise. It does have its issues, however we have never been "unable to lodge anything for months", any lodgement issue has been fixed within a day or two. Depends a lot on what you need to do. I find APS (namely the XPA program) is much better for preparing financials than the MYOB equivalent.Outsourcing is a common business practice that involves hiring external service providers to perform certain tasks or functions. One of the most popular areas for outsourcing is ac...The issue is not knowing accounting concepts (something with which many actual accountants struggle). The issue is that the vast majority of folks are accustomed to only trusting those who have an applicable degree on their resume. We can debate the merits of that, but it's the reality. Basic accounting concepts are not hard to grasp. It was recently ranked the best major to major in 2023 by Accounting Magazine, the premier accounting magazine. Reply reply. HSFSZ. •. golly gee, glad to see our profession being ranked so high in such a prestigious magazine! I wonder what the next issue of the AICPA will have! Reply reply. MatterSignificant969. Good luck with your choice. You should go for your CPA anyways even if you don't want to do public big 4 or any kind of CPA firm work. The only thing you can do without a CPA is clerical things, internal accounting, and preparing tax returns. When you get your CPA you can do everything.Accounting vs Computer Science Degree, with goal of working as CPA vs software developer (location: US). ... CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party ...I'm trying to find youtube channel or any other online resource to learn the very basic concepts (journal entries, debit and credit).. I've learned managerial accounting in past and now taking one online course (intermediate accounting) from U of T. Let me know if there any textbook I should read to learn basics.. Sort by: Grumblecakes.r/AskAccounting. My friend and I built a house together, she owned 2/3 of the house, and I owned 1/3. When HST was assessed, she argued that as it should come off the top end price, it was a shared expense and should be split 50/50. I'm arguing that it should be split just as everything else was 2/3 to 1/3. But that would require taking pre-requisites at a community college + getting letters of recommendation + taking the GRE. Western Governor’s seems to have a good reputation from what I have read on the cacareerquestions sub. Looking to leave accounting for data analytics. I’m in a coding bootcamp part time. Personally I went for audit (but will be leaving soon) because I prefer working with financial accounting. From personal testimony, I think audit is a grueling field. It’s not so much applying in depth accounting principles, but just obsessing over documentation and evidence. That practice is pretty OCD imo (every little detail has to be right).In today’s digital age, having a strong online presence is crucial for the success of any website. With millions of users and a vast variety of communities, Reddit has emerged as o...The deal with forensic accounting is that it is half doing law and half doing data analysis that includes looking at financials and presenting your findings. If you hate law and writing, don’t do it. If you hate lawyers, don’t do it since they’re most likely your customers. If you need someone to tell you what to do or you need to have ...Apr 4, 2018 ... r/Accounting Current search is within r/Accounting Remove r/Accounting filter and expand search to all of Reddit. TRENDING TODAY. Search for ...If your school was mediocrely recruited at/well known you definitely can find a job. Go to your career center and get your resume looked at. Apply to jobs on your career website and get the dumb idea of 4.0 for Big 4 out of your head. We had KPMG campus recruit with a minimum of 3.0.First there is a huge price variance between the cheapest and most expensive new BMW. Throw in used cars and the range is even wider. Making $100k in a LCOL city, single, with a roommate, and no student loan debt, mortgage, credit card or medical debt, you can very easily finance or lease a BMW.Finance is also enjoyable and one of the reasons I chose accounting is because Accounting opens up doors to some higher level finance positions that may not be as available right out of school. Finance positions coming out of school are pretty competitive to where accounting positions are usually easier to find.Just graduated two weeks ago with my undergrad in accounting. You can do anything with an accounting degree and will always have job security. But, getting the degree is super difficult. I attended an AASCB dual accredited university and the expectations were higher for accounting majors than other business majors.In 2023, its revenue grew 21% to $804 million, but it reported a generally accepted accounting principles operating loss of $140.2 million, which was a slight …Thanks! Short version of story: decided to do accounting late in college, did 3 internships, started full time in 2007, lost job in 2008 financial crisis, worked at several firms - B4, second tier and small, various service lines (audit, consulting, wealth management, tax) and various industries. So very wide variety of experiences.Accounting is the language of business because it helps people, both internal and external, to understand what is happening inside of s business. Just as language is universal to p...Would you say accounting is a good career for introverts? Accounting is a perfectly fine career for introverts. Based on your post and many others in the past, you seem to have a misguided understanding of what an introvert actually is. Being shy and having poor people skills are not characteristics of an introvert.QuickBooks is one of the most popular accounting software programs available today. It is used by small businesses, freelancers, and entrepreneurs to help manage their finances. Th...Jul 7, 2023 ... Yes Tax is always changing, so there is always something to learn, and you get to work on a lot of different clients. Tax projects are typically ... Earlier I was explaining to my wife how in an hour I can spend 45 minutes converting PBC PDF’s and formatting data so I can then do 5 minutes of accounting work (the remaining 10 minutes are spent documenting and spell-checking the 5 minutes of actual accounting work). When it comes to managing your finances, having the right tools is essential. For small businesses or individuals looking for a cost-effective solution, a free accounting spreadshe...To make really good money become a partner at a Big 4 or a high level accounting executive at a decent sized publicly held or large private company. There are careers with better top ends than accounting however if you're chasing only cash. Advisory or audit partner, takes 15 years, a lot of risk, friends and hard work.Conclusion: In conclusion, while AI will undoubtedly reshape the accounting profession, it is unlikely to replace the need for human accountants entirely. Instead, AI technologies will …Best advice I got was: If you’re applying for an accounting position, accountants love numbers. Be sure to include numbers in your achievements. ie instead of “improved efficiency in the month end processes”, use numbers to make it stand out “improved month end process to reduce a 7 day cycle to 4 days, 42% reduction in time”Apr 7, 2023 ... You're not supposed to know what you're doing, and shouldn't be expected to know what you're doing as an intern. School does little to prepare ...r/wguaccounting. Hi all, I'm on year 2 of this program and am a little over 50% of the way through. I had intended to accelerate through the program much quicker than I have, but I've been struggling to find the motivation. I got stuck on the financial accounting course and have made basically no progress.My int2 teacher assigns 90+ learnsmarts per chapter. This chapter was 99. Last chapter was 116. And its the new learnsmart that gives you half a bar per correct answer so 200+ questions per chapter, plus the exercises and brief exercises. He assigns more homework than all four of my other classes combined.smcamero. • 4 yr. ago. I think the only difference between Pro and Pro Plus is that with Pro Plus you get certificates that you can add to your LinkedIn. 1. true. Likewise for accounting, you can basically do anything financial related but probably a little bit more limiting than comp science in pivoting. CS is better. Start in FB get 200k tc starting salary. Or be a quant at Citadel and get 400k. Accounting is for STEM rejects and should be your last resort. Feb 16, 2022 ... Public you check other peoples work and work 50% more for half the pay. Industry you do the work and work 50% less for double the pay.Jan 30, 2023 ... LinkedIn is such a money-grab and the posts are super cheesy, but it is useful to be able to connect with every coworker you ever had at once, ...Outsourcing is a common business practice that involves hiring external service providers to perform certain tasks or functions. One of the most popular areas for outsourcing is ac...Primarily for accountants and aspiring accountants to learn about and discuss their career choice. Advice and questions welcome. People that worked in accounting advisory in …Dec 26, 2022 ... r/Accounting Current search is within r/Accounting Remove r/Accounting filter and expand search to all of Reddit. TRENDING TODAY. Search for ...I figured I'd go ahead and start a subreddit for discussing business-related accounting issues & questions. Nothing against r/accounting , but that subreddit tends to focus on public accounting. If you have any suggestions for improvement, let me know. 58. Share.Everything in accounting an be fixed. Most things aren't actually your fault at all - it's the ridiculous mess in other departments, and there's no standards in many companies being followed. It sucks when you want to make actual change because nobody listens or even understands what you need.Good luck with your choice. You should go for your CPA anyways even if you don't want to do public big 4 or any kind of CPA firm work. The only thing you can do without a CPA is clerical things, internal accounting, and preparing tax returns. When you get your CPA you can do everything.Sep 5, 2023 ... I hated it right from the start. Arrogant managers, snooty partners, long hours, lots of BS that managers say that supposedly are in your favor, ...Whenever I check the job postings for accounting, I usually see entry- level bookkeeping jobs or other low-level clerical jobs that don’t even require a college degree. Some of the high paying jobs in accounting require a decade of experience ! I enjoy my accounting classes but sometimes I wonder if the field is saturated.Is Accounting The Right Major For Me? I'm majoring in economics but I realized I don't have much interest in the theory and math. My main interest is music but that doesn't …Yes. honestly i think its good for "i dont know what i wanna do" because there are a wide variety of jobs you'll be eligible for - from corporate finance, corporate accounting, treasury, public accounting - audit, tax, risk, it audit, internal audit, …And again, relating the job back to things I've done in school that show that despite my lack of experience, I am qualified to do the job. In the first interview, I was asked about how I helped clients (lots of retail experience). So I guess I would say expect a question related to any work experience you put down and try to relate your answer ... There's a reason why CPAs are widely regarded as the most respected and trusted business advisors. Accounting also offers you tons of different career paths you can take. Audit, advisory, tax, forensic accounting etc and each track has different opportunities for growth and advancement. r/Accounting. • 2 yr. ago. WinterWaffles. ADMIN MOD. Resume Help? Could anyone provide some advice on how to improve mine? Thanks! Advice. 186. 105 Share. Sort by: Best. Open comment sort options. Best. …Accounting information is important for decision making, record keeping, and discovery and prevention of theft. The information is also useful when applying for a grant or loan. Ac...It's not useless because a Master's is sometimes a requirement in job postings but if you already got your CPA without it, no reason to go back and get it. ledger_man. • 1 mo. ago. Master’s + CPA opens some doors that not having a grad degree does not. Understand why things are done the way they are. Everything in accounting makes sense, the difficult part is wrapping your head around how it makes sense. Keep doing problems until you have them down, and you have a working understanding of what's happening with transactions, and when things get debited, and when things get credited. I'm trying to find youtube channel or any other online resource to learn the very basic concepts (journal entries, debit and credit).. I've learned managerial accounting in past and now taking one online course (intermediate accounting) from U of T. Let me know if there any textbook I should read to learn basics.. Sort by: Grumblecakes.And again, relating the job back to things I've done in school that show that despite my lack of experience, I am qualified to do the job. In the first interview, I was asked about how I helped clients (lots of retail experience). So I guess I would say expect a question related to any work experience you put down and try to relate your answer ...In today’s digital age, having a strong online presence is crucial for the success of any website. With millions of users and a vast variety of communities, Reddit has emerged as o...In fact, the CPA is so much more valuable and viewed as so much more difficult to earn than having a master's degree without the CPA is actually a detriment because it's assumed you attempted to qualify for the CPA but failed to pass it. Man if you don't search r/accounting : masters. We have this convo 3x a week.Anyone accountants who hate accounting? Career. my parents convinced me to major in accounting because they think accounting is a very "stable career" and it is "easy" to find a job. I come from an immigrant family so we are very realistic and wouldn't consider "unrealistic" majors such as music and psychology etc even if that can be my passion. Understand why things are done the way they are. Everything in accounting makes sense, the difficult part is wrapping your head around how it makes sense. Keep doing problems until you have them down, and you have a working understanding of what's happening with transactions, and when things get debited, and when things get credited. Accounting is less stressful than programming. Programming tends be a lot of 5 alarm fires or big projects with tight deadlines. But accounting isn’t stress free it’s just more predictable. Month end, quarter end and year end are all extremely busy. You just know when they’re going to occur. Accounting is always a good choice. Good pay, potential to progress in your career, relatively straightforward work, plenty of career options, decent job security. If you like business I think accounting or finance are the only ways to go. I generally don't recommend finance though unless you're going to a Top 25 school or you're planning on ... RottenRotties. ADMIN MOD. I need a desktop non-subscription based Accounting software. I've been using Quickbooks for years. Usually buying it every three years when updates were no longer available. Now that they are going to a subscription-only based model, I have to find a different software. I refuse to keep paying for software over and ... Everyone I know in accounting is way happier than those in law. Accounting has good salaries with much better work life balance, aside from tax season. [deleted] •. Accounting: level 10 stress for 2-3 months each year. Otherwise, level 7 stress. Law: Level 9 stress 12 months each year. lostkarma4anonymity. •.Yes. honestly i think its good for "i dont know what i wanna do" because there are a wide variety of jobs you'll be eligible for - from corporate finance, corporate accounting, treasury, public accounting - audit, tax, risk, it audit, internal audit, …Engineering have a way heavier courseload as well. When it comes to salaries, engineers will start higher than accountants, but engineering salaries don't really rise, unless you are in chemical, nuclear, or petroleum engineering. Accountants start off low but by the time you are 30, you are looking at over $100k with the CPA.I think it's a good source of inspiration/guidance sa mga students/fresh grads taking Accountancy regarding sa career path na ipupursue nila. Kasi iba iba naman tayo ng hinahanap sa work (salary, workload, growth, purpose, etc.) So I'll start with myself, Field: Private (FMCG) Experience: 2 years Salary: P58k Starting salary: P16k. Pros: flexi ...At a mid to high level in your career, companies want to be assured of two things: 1) you are capable of managing and 2) you can add value. Years of experience and the CPA will get your foot in the door, then you talk about the value add stuff in the interview. For the CPA, it's sufficient to say it's active and the state.My int2 teacher assigns 90+ learnsmarts per chapter. This chapter was 99. Last chapter was 116. And its the new learnsmart that gives you half a bar per correct answer so 200+ questions per chapter, plus the exercises and brief exercises. He assigns more homework than all four of my other classes combined.MYOB Accountants Enterprise. It does have its issues, however we have never been "unable to lodge anything for months", any lodgement issue has been fixed within a day or two. Depends a lot on what you need to do. I find APS (namely the XPA program) is much better for preparing financials than the MYOB equivalent.In comparison accountants do have more opportunities, like significantly more. 2. Entry level competition for actuary is really brutal and the openings are far few and within. Just take a look at your area job postings. And more and more schools have actuarial science degrees nowadays. 3. It depends on size of business. SAP is current market leader amongst banks and large industrials but Oracle is 4th main competitor. For "large" local businesses, in UK Microsoft dynamics is kicking off big time and eating market share up from my experience. SAGE is also widely used amongst some of my mid size clients. 1. Lawyer vs CPA. Currently a teacher who is unsatisfied in his profession and is set on taking the LSAT to advance in a career that’s more lucrative with a useful set of skills. For six months, I’ve been convinced this was through law, having worked with a half-dozen lawyers on my school’s mock trial team. However, the option also exists ... The difference with accountants though is that we get better raises over time. In my area teachers usually get 1-3% raises every year. Cops are the same, and skilled trades depend on a lot of factors but it’s rare for them to get more than 5% in a year without job hopping. Engineers only get more than 3% if they get a promotion. Good luck with your choice. You should go for your CPA anyways even if you don't want to do public big 4 or any kind of CPA firm work. The only thing you can do without a CPA is clerical things, internal accounting, and preparing tax returns. When you get your CPA you can do everything.MYOB Accountants Enterprise. It does have its issues, however we have never been "unable to lodge anything for months", any lodgement issue has been fixed within a day or two. Depends a lot on what you need to do. I find APS (namely the XPA program) is much better for preparing financials than the MYOB equivalent.Same plumber also couldn't find any plumbers wilking to work for him for $105k, because they all know they can make more than that on their own. In a very HCOL, a few memories are: triple overtime on a $40/hr base for stucco work. Monthly checks going out to a finish carpenter with 1 helper, routinely for $60-$70k. It depends on size of business. SAP is current market leader amongst banks and large industrials but Oracle is 4th main competitor. For "large" local businesses, in UK Microsoft dynamics is kicking off big time and eating market share up from my experience. SAGE is also widely used amongst some of my mid size clients. 1. Learn Accounting in 1 HOUR First Lesson: Debits and Credits [22:06] The ultimate video for new accounting students to learn basic accounting principles and accounting mechanics. This video assumes you know NOTHING and by the end of it, has you reading fortune 500 company financial statements. Finance ^LearningAcademy in Education The most important thing to realize with WGU is that it is meant for motivated individuals. You'll need the self motivation to do the work. If you do, you'll get through the program quickly and learn a lot. If not.... 17. saperetic. • 2 yr. ago • Edited 2 yr. ago. Hey all! I’m a senior in high school and am planning on going to a local ...Track Progress: Track your progress over time and see how you improve with each attempt, guiding your study strategy for maximum effectiveness. Signing up for our practice test is …Oct 6, 2023 ... It only makes you more valuable if you are already a manager or have some other significant valued expertise. The real issue is that entry level ...Jan 10, 2017 ... It involves a lot of mental manual labor- adding things up, seeing if things match, formatting documents.. etc. Things that don't exactly ...What's worth pursuing in accounting? 243. 278 comments. Best. Add a Comment. frozenhotchocolate • 2 yr. ago. There is a bill moving thru Congress that would reclassify …In fact, the CPA is so much more valuable and viewed as so much more difficult to earn than having a master's degree without the CPA is actually a detriment because it's assumed you attempted to qualify for the CPA but failed to pass it. Man if you don't search r/accounting : masters. We have this convo 3x a week.Accounting can make or break a company, and accountants need a set of principles to help them stay on track. Companies in the U.S. Ideally, all the transactions in a company should...Engineering have a way heavier courseload as well. When it comes to salaries, engineers will start higher than accountants, but engineering salaries don't really rise, unless you are in chemical, nuclear, or petroleum engineering. Accountants start off low but by the time you are 30, you are looking at over $100k with the CPA.Accounting is the language of business because it helps people, both internal and external, to understand what is happening inside of s business. Just as language is universal to p...Big 4s who hire the majority of Chartered Accountants pay 8.5L+ Variable (Which Translates to approx 10L). Jobs offered by MNCs are in 90% Accounting, MIS & backend clerical roles. ... Welcome to Mumbai's Reddit Community! A subreddit where everyone can come together and discuss and share everything from posts, news articles, events, … Accounting Subreddit for Filipinos Students, Reviewees and CPA professionals are welcome here. For Students and Reviewees: Ask questions, post review materials, and share your experiences For CPA professionals: Share your experiences, give advices, ask for help For EVERYONE: Enjoy your stay and welcome to a material world. Having an accounting background greatly helps since you can more easily understand the numbers. FP&A has weird hours (for me). I work like 40 hours during close and about 20 hours the rest of the month. A similar accounting position would probably consistently work about 30-35 hours a week. r/Accounting.r/Accounting: Primarily for accountants and aspiring accountants to learn about and discuss their career choice. Advice and questions welcome. Personally I went for audit (but will be leaving soon) because I prefer working with financial accounting. From personal testimony, I think audit is a grueling field. It’s not so much applying in depth accounting principles, but just obsessing over documentation and evidence. That practice is pretty OCD imo (every little detail has to be right). Side Hustle Ideas for CPA (Very useful topic to all of us) Hi, everyone. I would greatly appreciate any ideas and advice on side hustles for accounting professionals who has a full-time job 8-5. About myself. I work in audit as an associate for a mid-size company, mostly employee benefit plans and 401K audits. The difference with accountants though is that we get better raises over time. In my area teachers usually get 1-3% raises every year. Cops are the same, and skilled trades depend on a lot of factors but it’s rare for them to get more than 5% in a year without job hopping. Engineers only get more than 3% if they get a promotion. For accountants SQL is not a practical need in the regular course of things. Never hurts to have some data skills though. By comparison, I use SQL fairly regularly (few times a week) within a startup environment where I'm pulling product usage data and deal/contract info from disparate databases. I'm not in accounting, however.Apr 15, 2022 ... No it's not. It is really about the firm or company you are working for. Accounting opens up a lot of other opportunities, if you decide you don ...all sheets ctrl/home'd/cursor in a1. consistent formatting/zoom/etc. but seriously, all your controls testing is basically going to be word processing in excel workbooks and if you find yourself on a quarter, you'll just be rolling forward Q2 documentation and filling in the blanks. (speaking from a core assurance/audit perspective) 4.In today’s digital age, more and more businesses are turning to online programs for managing their accounting needs. Online accounting programs provide convenience, flexibility, an...For small business accounting, QuickBooks or NetSuite are the best tools as it ensures that you can manage your medical practice finances in an accurate manner. However, managing all this in-house might be difficult for your business so you can go for outsourcing services. the7thnavigator. • 6 yr. ago.Pfcoffics. •. Yeah, accounting is really good base for lots of things and with that you can go to a bunch of different markets, like trading, controller, FP&A, process owner and so on but working in pure accounting or external audit takes a fucking toll for your mind. Reply reply. Ok_Horror_422.Once you get into Indirect Tax - it's very hard to get out of it. High demand coupled with low supply for indirect tax accountants (can be viewed as a positive though). Sales tax law - nexus issues. Tough to break into. Pros -. Always know when you can get off from work! High job demand once you have experience. No - it's a stimulating and well paying career. I like solving problems and accounting has access to many problems to solve. Just because I like something doesn't mean I am passionate about it. For instance, I like blueberry yogurt, but I am not passionate about blueberry yogurt. 3. Analyst role in accounting/ finance department at $66k base with $10k bonus set to return to office 3 days a week. Rigorous deadlines and lots of responsibilities. New role - Senior Analyst internal reporting and ad job requests at $82k base with $15k bonus fully remote and much more flexible deadlines.Nov 30, 2023 ... Our industry, specifically public accounting, is dying because the model has been abused to a point of breaking. Public accounting firms running ...you could check out the business professor there is a video for all the basic accounting concepts broken down by function (ie tax, audit, financial, managerial) Start with this then do the bookkeeping controls videos. I recommend you first master bookkeeping. Its more applicable to real life than accounting, and when you struggle with the ...Most staff accountants prepare journal entries during month-end close, prepare account reconciliations during/after month-end close, and then will work on various, ad-hoc projects that are generally within their process areas. Staff accountants tend to be given the least judgmental process areas, such as cash or PP&E.If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. It turns out that real people who want to ma...r/AskAccounting. My friend and I built a house together, she owned 2/3 of the house, and I owned 1/3. When HST was assessed, she argued that as it should come off the top end …Pros. *Get to work with incredibly smart people. *Varying and challenging work. Interesting stuff if you like excel. *Almost guaranteed job security if you are a CPA and have your shit together. *Well-paying, doesn't pay a ton but definitely comfortable. *Potential for big money if you make partner, start a firm, get a corporate placement.Depends on the company and position, but, yes, they do exist. I'm evidence of that. Better yet, a 9-5 where you don't have to worry about calls and e-mails when you aren't working. That's even better. Then add travel and money... now we're talking. 1. hindage. • 7 yr. ago. There are certainly jobs with 40 hours. | Ckucnjqrcf (article) | Mplxmsz.