/r/Accounting
Primarily for accountants and aspiring accountants to learn about and discuss their career choice. Advice and questions welcome.
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/r/Accounting
Hey everyone, I hope I’m posting in the right subreddit and not bothering anyone.
I have a company (B.V.) registered in the Netherlands, which I set up to sell premium accounts for my digital application worldwide. However, my accountant has been driving me crazy for a long time. They couldn’t figure out how to properly handle my accounting for months and kept making me overpay. Since I sell to the U.S., VAT should not be applied, yet they added VAT to all my sales for an entire year.
I tried explaining the situation multiple times, but their communication was terrible. I couldn’t get answers to many of my questions, and they failed to resolve the issue. About 2.5 months ago, I brought it up again because my VAT costs were way too high. They restructured my entire account and adjusted the VAT to the correct amount, but then they charged me €1,000 + VAT for this correction. This was something they should have been handling correctly all along, and I had already paid them for their services throughout the year, during which they did nothing.
On top of that, my new accounting fee is now €1,000 (including VAT) per month. Previously, it was just €250. All payments go through Stripe, which already generates invoices for them, and their system can integrate with accounting software. Yet they claim their workload has increased, justifying the €1,000 fee. (for every month)
For context, I make a maximum profit of around €3,000 per month. Paying €1,000 for accounting is simply not feasible for me. Does this pricing seem normal to you? What would you recommend? Given that platforms like Stripe and Informer automate most accounting processes, I don’t understand how their workload could have increased.
Thank you for your time
I've been applying since October last year, after too many interviews and applications. After 4 months, finally I found the company that can meet my expectation:). For background I have 1.3 yrs experience as assurance associate in Big 4 Audit Firm. I actually have other offer during my applications but was getting low-balled by recruiters. After declining those offers I countinued sending my resume then landed on this job, it takes time but worth it.
Hope everyone will find the job they are aiming for 🫶
I’ve had some pretty bad life luck in the last year and I’m realizing I’m burnt out. I can’t keep up with the constant learning required for public accounting anymore, and I kind of despise it. I haven’t hit 40 hours of work in months now. The review period is coming up and I’m going to get put on blast.
I like my work at its core, but I find myself daydreaming about my easier jobs in the past. I’ve been here for years, so why do I still not know what I’m doing? It’s infuriating. Getting promoted feels more like a punishment than any sort of reward. I’m not even getting paid that much more than the associates that just started.
I’ve worked a part time tax job in college, but working at the big 4 has been my only real job. Ive been telling myself I have a decent thing going but I can’t stop having nightmares about work now. I don’t really have a clue what other jobs even look like. I’m stepping into a dark zone when I think of leaving. Is it easier? I’m terrified I’m going to fall on my face.
Hello all!
I (24F, Tax Preparer, Bookkeeper, and Cost Accountant) recently became a board member of a NFP organization focused around giving back to the community and providing guidance to under-served youth in the area about building a career, setting goals for their future, etc.
I like to think of myself as the embodiment of "looks≠ability". I am covered in (visible) tattoos, have a flashy septum, dyed hair, you get the picture.
I don't want to potentially convey the wrong message to these kids about appearance in the workplace. I am thankful to have found a laxxed industry and my niche but I did struggle with a lot of prejudice in other areas of Accounting (Public to be specific). Would you, in this case, cover your tattoos for the roundtable or wear them loud and proud, but make it a point to touch on the very real consequences of visible body art in the corporate landscape? TYIA and happy Monday!
I am adventurous with my food and sometimes pay the price in surplus natural gas emissions. I don’t want this to be an issue so I hold it at work but that’s not good. You know what they say “the space is larger than my gut.”
Now my coworker causally mentioned post COVID that she lost her smell when I asked her about her perfume. Is this a trap or should I follow the slow release? Her hearing is decent so I will ofc be careful. What would you do? Do you believe your coworkers when they say they cant smell? It is a tough situation. Not sure what is the right thing to do…
Hypothetical situation here. say I know a relative with $350,000 in unrealized loss for the year. holding the shares they have not been sold, current value $35,000. Now let's say I have $350,000 in unrealized gains for the year. also still holding shares and have not sold, currently worth $700,000. is it possible to transfer the losing shares to my account (or my shares to his account) and then sell all shares and have the net gain equal to zero and not pay any tax on this? i need an adult.
Going to have an interview for a role but I have been fully remote since Covid, the job says hybrid don't want to do more than 2 days, what are people doing these days? Train costs and commute time and sitting in an office I do not miss.
I am really struggling to be stable. Feeling ko i’m not enough. Factor narin siguro yung walang maayos na support system. Gusto kong maging CPA pero mas lalo syang nagiging mahirap kasi yung mga tao na dapat nagchecheer up sakin, sila pa yung… I know we all have different pacing and i cast a wish to the universe na sana bigyan nya ko ng sign to pursue this. Di rin ako gaano kagalingan nung undergrad. Muntikan na nga ako madelay grumaduate and that’s what holding me back in taking the board after graduation. My lola told me to take the board kasi fresh pa daw pero natatakot ako. I am now working in one of the big 4 auditing firms pero i feel like, there’s really a missing piece. I saw one of my classmates during integ review having their sweet smiles surpassing one of the hardest boards in the PH and it makes me so much prouder of them. Sana talaga may plan sakin si Lord. I tried multiple times to shift but it never pursued. Maybe, He really has a plan for me. Di man po ako sobrang kagalingan pero i’m very willing to be on the roster of accountants in the Philippines. Hopefully makapagreview na after this busy season.
Hello everyone I’m an accounting student who is transitioning from a different field trying to create a resume. I don’t have a lot of accounting experience but I’m a sophomore so I’m applying for leadership programs this summer hopefully to gain a scholarship for summer 2026. Any imprint or fixes to my resume would be much highly appreciated, very new to accounting and pretty much did the formatting myself
Hi world. I’ve been reading a lot about how being over/under qualified is a big reason they can’t find a job in this field. I just graduated with a BA and have been looking for a job for months.
I’ve been a low level manager the entire time I’ve been going to school, and before that I was in the military and had quite a bit of leadership experience there as well. This is outlined in my resume along with other relative accounting/bookkeeping/audit-type work experience. I’m looking for my first real accounting job.
Are recruiters/interviewers turned off by this type of thing? I had an interview that was promising, it went well, they said I have great experience and transferable skills, etc etc. which gave me a little confidence as I just assumed all my experience would be trash to real accountants. I didn’t get an offer, which could be for a number of reasons so I want to rule this out. (Also, I reached out asking for feedback- no reply yet)
I’ve applied for many jobs- I try to be selective, tailor my resume, write a compelling cover letter, etc. and really take time and effort for every application so there’s less likelihood that it just gets tossed. For most I get no reply even after follow up or they move on with other candidates.
I fear I may have too much prior work experience and not enough accounting experience… for an entry level job. Am I fucked?
Hi all, I am developing a no-code app for automatic search and correction of errors in spreadsheet data and I noticed that a lot of accountants are interested in such a solution.
Previously, I thought that this sphere is almost completely covered by specialized applications through which everything is checked.
Could you tell me how relevant this is to this field in general? If you often encounter manual error checking of spreadsheets, could you describe such tasks? Maybe I can help to automate such tasks in some way.
Hey Community,
Throwaway for obvious reasons.
I had 2 interviews with a recruiter for a Big 4 firm for an internship in Audit. The interviews went well, but lo and behold: I have no idea but either accounting or audit. He was kind enough to tell me that he will interview me again as long as I get my base knowledge up.
Now my question to you is:
Where do I start? In your experience , what are some good resources to obtain enough knowledge in accounting/audit for an internship in Big 4? I do not mind paid or free resources, as long as it really gives me the necessary information/skills. I know there are programs for upping your certification, but where would I start as a total noob?
I am in college right now and I am trying to land my first internship. I have a poop GPA because I originally was in Engineering and didn't like it that much thus poopy GPA. I can't get any interviews so I would like to boost my likelihood with a better resume. Should I do analysis reports of financial statements? I do understand and option trade sometimes so I think I can make a good paper but it feels like I am wasting my time applying for hundreds of internships that I get 1 recruiter interview for.
T-account enjoyers and people who got into accounting just because of the accountant movie,
Any horror stories about your accounting software?
(if you have some cool features share them too)
Was thinking to make a bookkeeping application so fishing for info. Thanks reddit
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I still have backlog from Q2 of 2024. Not sure if I can even finish by May.
Hello! I am a CPA from the Philippines aiming to work for US companies remotely. I have 7 yrs of experience, but all were working with PH companies. Long story short, I have no experience with US accounting/tax laws…
I am currently working a managerial position, and would hope to maintain my salary level, but I realize this may not be possible because pursuing US accounting is like starting all over again… would someone know if this is correct? Do I need to start from the bottom again?
If anyone has any advice on how I can go about this, that would be greatly appreciated!
Thank you so much!
Genuine question. Have you ever had to take drugs or witness someone who did to keep up with their or your workload ? To maintain a 60 to 80 hour a week (New account for anonymity)
Has anyone ever bought CPA prep, specifically Becker, from eBay? If so, do y’all recommend it or prefer to buy directly from site? I’ve just been chilling at home applying to jobs, when I should’ve been studying for the CPA exams, but I also just can’t afford to buy even the cheapest exam prep from Becker (not even monthly.)
Heyy guys! I’m a current student at Deanza and want to do some more research about UCSB: Econ and accounting vs UCI: business admin emphasis in accounting. Which school is better to get a job? And would I be able to get a job in the Bay Area if I go to these schools since I live in SJ area?
Hello everyone. I know this is probably completely out of the norm for this subreddit but I didn’t know where else to go. My girlfriend of almost 4 years just gave birth as I am currently taking my last two classes to get my associates degree. It was a cryptic pregnancy and we had no idea she was pregnant till she was giving birth.. All of this happened on the first day of the semester and after a week and a half in the NICU , I find myself almost 2 weeks behind on one of the hardest courses I’ve had to take so far. I am begging for help at this point from anyone out there who might have some experience . I don’t have too much money but I would pay whatever it takes to get virtual help once a week to try to help manage this course. If you can’t but know someone who might please reach out. I know accountants have insane hours but if maybe there is a college student out there who already has taken the class and has some pointers that may help I will take anything. All I’m trying to do is provide for my family and get through this class but I am struggling. Thank you for hearing me out.
Help,
Wouldnt the sale of treasury stock at LESS than cost lead to a decrease in stockholders equity?
Explain it to me like i am 5 if possible, and thanks in advance!
Hi everyone, I'm looking into getting a Compilation licence in BC. One of the requirements is that I need to increase the amount of of PD hours I have for personal and corporate tax. Any recommendations where I can get a lot verifiable PD hours on personal and corporate tax without paying and arm and a leg. CPA Canada and BC get very expensive.
If I was paid by 1099 without having an LLC and then paid others with 1099, what kind of return do I file?
Hi I'm an international student and I want to connect and make friends at UBC DAP program. Feel free to leave a comment guys.
Hello Everyone,
I am looking to make the leap to start my own tax advisory firm specializing solely in the R&D Tax Credit. I have spent the last 10 years building a practice at a top 10 firm growing it from $0 and 0 employees to $8M ARR and 15 employees. Did a lot of "Business Development" over that time, however the majority of business development that I have done were with other members of our organization (the tax team, I would go office to office and review client lists). So the customers were pretty captive.
My question is, what were some business development tricks that helped you get your firm going? What are some tricks that help you get in front of a client/potential partnership?