Recently qualified CA (similar to CPA) here. I am doubtful about joining Deloitte USI (offshore team of Deloitte US) as a functional consultant in Oracle fusion finance role. This is because this more inclined towards tech, although I don't have much interest in core CA roles. Just wanna know how is the growth in this role for CAs/CPAs? Like how much can a person grow YoY? Do we get good hike on switching?

Also, would it be possible to switch to SAP after working on Oracle?

Hi guys,

I applied for the revenue & AR management analysts role and will have the interview next with excel assessment.

Does anyone have any idea what kind of excel assessment that related to the job be like? A typical one.

I am afraid that it is might be hard or beyond my expectation. I am totally have no idea. If anyone has taken some of this kind of assessment before, please help me giving some of ideas.

Thankssss.

Here are soms job details in pic that mights help.

I am currently level 4 AAT trained and have 1 year of audit experience. However I want to go back to the police as I feel like I have unfinished business there. How hard would it be that if in 2/3 years I have had enough in the police that I could get a training contract again?

I want to leave my job ASAP, within 6 months or less.

Problem is I haven't started reporting pert yet. I'd ideally like to report so that the past 12 months can start counting. (I have 3+years of experience but my understanding is that they only count the last 12 months?) And then once I submit and it gets approved, I want to move to another job. I want to Move TODAY but I cannot because of the PERT. Can you advise?

What if I move and then report afterwards, will there be any issues communicating with HR/manager of this company to sign off on everything after I leave if I try to do evr report?

I am still only in core 1 module though so do you think I can just forget it and start reporting evr from my NEXT job after I move to it? Is that easier/better?

Here is the response:

[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Date]

Dear Mr. President,

Congratulations on all you’re doing to keep America strong and put America First! We’re lucky to have a leader who actually stands up for American workers. Right now, though, the accounting profession is facing a huge problem, and I know you’re the one who can fix it.

American accounting jobs are being shipped off to places like China, Iran, and Haiti. Foreigners are stealing our jobs, plain and simple. This mess started with crooked Hillary, got pushed further by the Obamas, and now Sleepy Joe’s deep state pals are making it even worse. And the AICPA—or as I like to call them, the “Association of Incompetent, Complicit, and Pathetic Accountants”—is doing absolutely nothing to stop it. They’re just watching while our jobs are handed away!

And the fake news? Not a word about it! They’re covering for the deep state and all these foreign interests stealing American jobs right from under us. We need an America First approach that keeps these jobs here, supporting our great American workers and families.

Mr. President, you’re the only one who can take on the deep state, stand up to these sellouts, and make sure our jobs stay here. Let’s put a stop to this and make sure we’re not giving away our future to China, Iran, and Haiti.

Thank you for fighting for America. Let’s bring our jobs back where they belong!

Best, [Your Full Name]

Hey guys! This is my first post and wanted to see if anyone has experience with the Home Depot internship. This would be my first interview EVER, if I’m being honest.

1. What type of interview questions could I expect?
2. What was the environment like at Home Depot?
3. Was it remote or in-person?

Thank you!

I'm waiting for my final job offer from the IRS for a revenue agent. I've been waiting about a month, and with the recent election, I'm a bit worried that my job offer may be rescinded.

Can any other government workers chime in? Do I have anything to be worried about?

Hey guys, I recently accepted an internship at a mid tier firm as a junior and was wondering about the exit opportunities compared to the Big 4. Do the career paths or opportunities differ significantly? Should I try to pursue an entry lvl position with a Big 4 Firm after my internship/graduation? I'd appreciate any guidance on this, thank you!

https://preview.redd.it/95sedpl63tzd1.png?width=950&format=png&auto=webp&s=b304117a679ed14ea80ef1ab31ec31cbaf05c829

I hope this is okay here, but today I was working on this and got all but this last part right. I used the numbers ($2800 - $3000) * $3.6 = $720 to get this. And to get $3000 I did, $2850/$1900. What did I do wrong at the end. Any help is appreciated.

Hello, I'm going to be doing Journal Entries for Monthly Levy Concessions Packet, Parking Settlements, Weekly TM Settlements. Can someone show me how that would look like ? I'm looking for examples and breakdowns from Experienced and professional accountants in particular, but all help is welcome. Thank you

Present for my senior tax manager

• he likes golf and health and fitness

Why should I get him?

Just curious, for those who got their degree in accounting but didn't become accountants, what did you end up doing instead? Do you regret not going into the field?

I'm currently a junior working towards my degree, and I'm just considering alternative career paths after graduating.

TLDR: Two short tenures each less than a year. Might get fired. Red flag or no?

I’ve been in cost accounting in industry at a manufacturing plant for 5 months and was placed on a pip 2 weeks ago and it was verbally told to me by my manager and HR last week and in writing this week. The pip period ends in 2 weeks from this post. I really like everyone here and everyone else likes me. I’m finally starting to pick up on the initial tasks with a lot less mistakes than the first month. I come early to work even before my whole team and leave after them cause I’m slow. I attend optional meetings when I get to work early with the manufacturing and quality teams just so I can be somewhat aware of what’s going on in the business. I’ve been voluntarily coming onsite daily despite having a hybrid schedule just to show that I am willing to work hard and try to improve. I live 32 miles away from my job. I work better in the office and I like socializing. I’ll admit I was a bit careless in the first month or so but I’ve slowly had improvements. Unfortunately the improvements are not enough cause I got piped.

I’d be so sad if I lost my job even though I don’t enjoy it that much. I think my manager likes me as a person cause he’s still his normal fun self around me when we aren’t talking about work, and everyone else around him, but he probably thinks I am not the right fit for the role, hence why I was piped.

I was piped citing too many mistakes and not checking my work, using the wrong formulas, as well as needs to improve on accounting knowledge. There are a lot of steps in what we have to do and I even write notes for everything and still make mistakes.

I had my first weekly check in with him today that I scheduled. One of the bigger mistakes I made that he mentioned this week was that I posted an entry for an accrual which I gathered all the given invoices in our org, found out which ones went to another account by accident, tied successfully to the trial balance period activity and I even went over with him and he approved it. Then during my check in he said I missed an accural amount that I wasn’t aware of because there was a reclass from another account from the corporate office which wasn’t posted until like 2 days after the entry I made was approved and posted. I had a bit of a boost knowing I did it correctly because that is the hardest out of all my entries each month but I guess I still messed up.

During my weekly check in with my manager, he said he could see I was trying but I still made a few easy mistakes and he is still frustrated cause it slows the team down. With dozens of steps for each thing I do, it’s very tough to not even make one simple mistake. I even tried to check my work before submitting but my guess was that I accidentally dragged a formula down and then saved it before closing, and that’s where he caught it.

Prior to this job I was laid off from public after 8 months but I already had the job offer at the time so I told them I will leave voluntarily and put in my 2 weeks. It’s so bad that I have 2 roles less than a year each which is a huge red flag for employers and since the pip, I have started to look for jobs and I have not even got a call back for a single interview cause probably the 2 short tenures is a huge red flag. When I only had my public firm listed as the short tenure, I had no problems getting interviews.

I’m not applying to anymore accounting roles. Starting to believe this field is just not for me. Going to try to look into supply chain cause that’s what I have been interested in recently. One of my colleagues around my age is a buyer/planner and I’m always interested in what they get to work on. Maybe another business field too. I’ve cried everyday for the past 4 days over possibly losing my job and really want to see myself here until I can find a new job and quit. We just finished month end close so it’s kind of hard to gauge improvements when it’s a bit of a slow period. At least until next month.

If I get fired, I’d be unemployed and have no income, insurance, or other benefits.

In 2004, the U.S. tax brackets for married filing jointly were as follows:

• 10%: Income up to $14,300
• 15%: Income from $14,301 to $58,100
• 25%: Income from $58,101 to $116,700
• 28%: Income from $116,701 to $195,250
• 33%: Income from $195,251 to $319,100
• 35%: Income over $319,100

For married couples filing jointly in 2023, the tax brackets are:

• 10%: Up to $22,000
• 12%: $22,001 to $89,450
• 22%: $89,451 to $190,750
• 24%: $190,751 to $364,200
• 32%: $364,201 to $462,500
• 35%: $462,501 to $693,750
• 37%: Over $693,750

Why I Prefer Contributing to a Traditional IRA Over a Roth IRA

Over a 20-year period, I would rather contribute to a traditional IRA on a pre-tax basis than a Roth IRA on an after-tax basis. The key advantage of the traditional IRA is that I can invest more capital upfront—since it reduces my taxable income in the year I contribute—allowing a larger principal to grow and compound over time. A bigger principal results in more compound interest and ultimately creates a larger nest egg for retirement.

While the Roth IRA offers the benefit of tax-free withdrawals in retirement, I would prefer to pay taxes later when I might be in a lower tax bracket, rather than paying taxes on the money I contribute now. Some argue that taxes will rise in the future, and therefore paying taxes now (via a Roth IRA) is a safer bet. However, looking at the historical tax brackets above, I can see that if I were earning $110,000 in 2004 as a married couple filing jointly, I would be in the 25% tax bracket. In contrast, if I were making the same income today in 2023, I would only be paying 12% after accounting for the standard deduction.

By contributing to a traditional IRA, I can defer paying taxes until later, which allows me to invest more upfront, and potentially pay lower taxes in the future.

As I read through other people’s posts i noticed that Majority of people here struggled with intermediate accounting, why is that? Is it a lack of understanding or just so much new information being thrown to students?

Title. Only CSUN and SDSU have accounting degrees as public universities in California from what I can tell. I'm intending to taking 150 credits and getting my CPA license, for reference.

an

I read this subreddit and always taken back by how negative everyone is and how auditing is a monkey job. Maybe its based on location but I am based in Toronto.

Most of my peers who made it into big 4 out of school are cream of the crop type of people. They are able to balance 5 courses at target schools maintain an A average, while holding a club position, while networking, prepping interviews.

People like to downplay it but the amount of prepping that goes into this as a 19/20 year old is very impressive. Its not just being able to do well in classes, but also being able to socialize with working professionals at that age, people with adhd/social anxiety or other mental blocks are quickly weeded out MOST of the time.

I am 24 and now doing all this BS I didn't do when I was young. I wasn't partying to doing anything bad, but I just didn't understand how to study effectively, and was too fearful to attend events and make an impression, I thought I wasn't good enough.

This makes me sometimes think why salaries so shit in accounting. My peers who didn't' do all this and went into insurance or financial sales still make more than big 4 peers. LOL.

We report our board materials on a quarterly basis. However, we are not in the process of doing a soft close on a monthly basis-largely in part because we have a small team managing the daily operations and recording transactions falls to the wayside. We do not have separate support AP, AR, or payroll departments. Any tips or recommendations or has anyone been in this situation before? I’d like to get to a place where daily transactions are recorded on a strict monthly basis but also have to be mindful of managing the daily operations. Thanks!

I have to take an individual tax accounting class and it’s kicking my butt. The homework is 100 questions of technical stuff and doing taxes for imaginary people + serial problems and other things. The text book is difficult to digest and the instructor doesn’t post lectures or any extra information. Will I ever see this stuff again if I become a book keeper or work some financial accounting job?

I have fixated on this idea that the end game of accounting is real-time public financial reporting.

Rationale:

• The interval of financial reporting is a function of how fast information can be processed

• Information will increasingly process faster

• Continuous financial reporting will increase capital efficiency

Curious to hear counter-arguments.

View Poll

Hello everyone- I know people are tired of these types of posts but I’m truly so anxious. I’m a 20 year old college student in the US looking to transfer next year from community college to a 4 year and pursue a Bachelor’s in accounting. I’m sure you can guess I’m concerned about the viability of this field in the future based on the posts I see in this sub.. I see all the posts about AI and offshoring destroying this career field but I had been under the impression that these concerns would be less applicable to the government side of accounting, so was looking to get into that sector…

However, with the recent election results I am now also worried about the viability of finding a job with the government, or at least the federal government.. My question is, is it still worth it to go for this degree in pursuit of a government job? Even if federal employment is unattainable due to the upcoming cuts, do you think it’s still safe to pursue the degree in hopes of getting a state or local government job that will pay enough to live? Or do you think the opportunities for employment in the federal government would become viable again after this presidency?

I’m sorry for asking about this because I do feel like I’m beating a dead horse, but I’m struggling greatly with deciding what to do… I had pretty much settled on pursuing an accounting degree with plans of going into government due to the job security and benefits offered with government positions, but now I’m starting to feel like it’s all up in the air. I very much don’t to waste time and money if it’s a degree I will end up being unable to use..

If you read this far, thank you so much for taking the time to go through it all! I appreciate any advice or insight that you all can offer me!

I have worked in public accounting for about 6 years. My current salary is 84k. I love my current job but have an offer for a different company that pays $150,000.

My current job is really pretty good I had no idea I was underpaid by this much.

Would you leave a job you like if money was the only issue?

I have an internship at Big 4 next year in IT Audit and SOX controls testing and am seeing a lot of public firms laying off people from external audit and other consulting services. Is IT Audit as safe as, say, Tax for example?

I have the opportunity to move from financial reporting to fund accounting, managers mentioned that this may be beneficial for me long term as it gives me more insight on other parts of the company allowing me to move up to higher positions quicker (like SVP/Director). Does this sound right? Would it be worth a potential longer wait for the next promotion to speed up the 2nd or 3rd promotions over the next 7-10 years? Current company I’m friends with the SVP and they’re backing me for promotions and helping me network and meet all the Partners, though I wouldn’t work under them with the new position. I also have a FR job lined up with another company with 20% higher salary, it would be one grade higher but I don’t have any of the connections I’ve created over the last 2.5 years here.

Also could anyone give some tips on fund accounting? I’m totally inexperienced, I landed this job with no degree so I’m doing everything on the fly and I know they’re watching like a hawk as I’m the only one in the company with no degree. Part of why I’m interested in the Fund accounting position is simply for the experience and they know I’m new so will teach me. This may be beneficial for me when apply for other jobs and not just promotions within.

What are the top 10 entry level accounting positions for students and recent graduates that you would recommend?

So I’m currently in a LCOL in the middle of nowhere. There doesn’t seem to be a decent paying job for college students or recent graduates. I have seen even AP roles below $20/hour.

What entry level positions could someone get in locations such as this that are $20/hour+?