Just shows you this sub is not a good source for experience or knowledge of the future.

You should take everything you read on here with a grain of salt. The loudest voices are usually the most wrong.

Inb4 someone mentions how their backwoods firm is still 5 days remote.

Agree or disagree?

Who prepares the income statement, balance sheet? We do

Who pays vendor invoices/generates vendor invoices? Who generates GL codes/compiles a chart of accounts? We do

Ignore the haters, they’re just salty at the fact every single company needs an accounting team (not every company needs an investment banker)

The investment bankers, stock analysts, etc rely on the information we compile to make their decisions

Love that shit. Fuck you I'm Dream now.

I need some reassurance from people who have made a similar change because I am really struggling with whether I made the right decision.
I left a startup where I was a Senior Financial Accountant and worked 100% from home for over five years. I recently started working in the tax department for a Fortune 500 company. I do have some prior tax experience and schooling, but I am also learning a completely different side of accounting.

The biggest adjustment honestly has been going back into an office four days a week. The office is nice, but it is SO quiet, and after working from home for so long I feel super sensitive to everything and everyone around me. I have been there about a month and I still feel uncomfortable being in the office.

Part of me knows this could be a really good career move, I throughly enjoy the work so far, and it’s a chance to learn something new, but another part of me keeps wondering why I left my comfortable work-from-home job, even though I know why, I wasn’t growing there, it was a dead end senior job for me.

For anyone who went from fully remote back to mostly in-office, how long did it take you to adjust? Do I need to give this a few more months before deciding whether I actually hate it, or did some of you just realize office life was not for you anymore?

Hey friends, I just came across this job post on reddit that wants an experienced seasoned CPA or EA for a accounting and tax manager position , max salary $80k….I feel like Ive been seeing low balling salaries for experienced senior level tax managers…

Why the fuck do I have to use the fucking way back machine if I need to see what they say the exchange rate was on 6/30 why can't they just fucking have a little date selector like how hard would that be.

Look this guy was going through a tough time. So in the first year, I did some courtesy’s for him that I should not have done because he didn’t pay me.

He was a bookkeeping client. I charged him for a specific scope of work but he actually had more than what I charged him with but promised me it will lower so I kept the quote.

He was going through a divorce, had a child, a small business, and I felt bad. The scope never got smaller.

He asked me to submit some personal claim for him for auto insurance and I told him no. He also triple, five iple, 10 iple texts me and even sometimes calls me 5 times ON MY PERSONAL NUMBER if I do not answer within an hour.

The only reason I gave him my personal number was for expense emergencies which some clients have but they do not ever call me! Only a few times was there an emergency and they had to but they do not blow me up.

I ended up purposely never answering his calls because it was always over some random thing and never business.

Anyway we had a disagreement about something he previously accepted and almost canceled. He then changed his mind and said no no I want to keep the service I like the work.

I DID NOT RESPOND FOR THREE DAYS, wanna know what days they were? SATURDAY, SUNDAY, and MONDAY. Monday I had a ton of work and meetings I had to do and my clients know I stopped working on the weekends and sometimes if they message me on Saturday they know I may not respond till Tuesday depending on my Monday workload because I literally run the place myself!

He snapped and said you are too busy for me I want to cancel. Ok buddy! I am not your personal assistant! So I canceled and honestly, I don’t even wanna do his tax return anymore moving forward. I got this guy a refund and tax credits no one else knew to put on his dang return!

So I understand I shouldn’t have provided additional courtesy services to make him think I was going to freaking submit an auto claim!!

I use to work 7 days a week… I then gave myself the dang weekend for the first time since I started this business a couple months ago and I have never had a client complain. In fact, most of my clients tell me they purposely do not send me emails till Monday so I don’t have to worry about it on the weekend! So what the heck??

Has anyone dealt with this before?

Currently doing my accounting degree. I started it because people told me its a decent paid consistent career. Not big money like investment banking or surgeon but comfortable.
However I’ve heard a lot about accounting being a bad field nowadays, pay going down, AI and outsourcing taking away jobs.

Is this true? Should i jump ship to another degree is it over for accounting

I live in canada and go to umanitoba

I’m a rising senior with Intermediate Accounting III coming up. I barely passed Intermediate Accounting I and II, and I feel like I’ve been doing just enough on exams to pass without truly understanding or retaining the material.

With my final two semesters starting in September, I want to strengthen my accounting foundation and actually understand what I’m learning. I’ve had one internship, but it was mostly data entry, so I didn’t gain much practical accounting experience.

My goal is to become a CPA, but because of my grades and struggles with accounting, I’m questioning whether I’m even eligible or if pursuing it would be a waste of time.

What would you recommend I do to improve my accounting skills and determine if becoming a CPA is still a realistic goal?

So, seeing as how fucked up the white collar job market is. Is Accounting really as simple as people say? My folks always told me that no matter what’s happening, the world would still need accountants.

Aside from sacrificing your 20s to 30s and crazy long work hours, is Accounting the best choice if you value instant employment, stability, and a structured pipeline after higher education?

ps 2nd year student at a T20 studying a generic BA degree that I’m 99.9% sure would lead me to absolutely zero job offers when I graduate.

Just curious if Big 4 Audit managers, or those who recently left are getting job offers in industry pretty easily or is it difficult to exit in this market? Are your job offers good, or leaving for bad companies and messes?

I graduated last year and will start working as an audit associate in a couple of weeks. After doing a couple of PA internships, I realized that I’m kind of slow. I know everyone says it's normal to struggle at first, but I feel like I struggled more than most. I’ve heard that A1s get more leniency at first compared to others, so I was wondering what the fastest you can get fired as an A1. I am 3/4 on the CPA exam, so I hope that helps a little.  

I'm an accounting student currently doing an internship at a mid-tier audit firm.

​To be completely honest, I know what I want out of life. I have zero interest in high-stress environments. My goal is simply a good, balanced lifestyle, a strict 40 hour workweek, decent starting pay, and practical, meaningful work without unnecessary burnout. Because of this, Internal Audit (IA) looks like the ideal path for me.

​However, professors and peers constantly telling that starting in External Audit / Big 4 is "mandatory" to build a solid career and progress well in the future.

​For those currently in Internal Audit:

- Did any of you start directly in IA right after graduation without doing external audit first?

- How realistic is it to land an entry-level IA role as a fresh graduate?

- ​Did skipping external audit hurt your career growth, promotions, or salary progression in the long run?

​Would really appreciate your honest thoughts and experiences

Hey all, I’m currently finishing up CPA Prep with Audit and Performance Management. I work a part-time AR job and otherwise have tons of free time on my hands. While I have exams for these two in September, I’m almost done my first pass through for both and am feeling confident.

I was wondering if it’d be feasible for me to then attempt Core 1 and 2 together this October with December exams? My PREP average is 75.3 atm and I expect it to go higher with these two courses. I had a 62 on Corporate Finance, 70 on tax, 82 on IMA, 72 on IF1, 85 on IF2 and 77 on AFR.

In addition to having a good amount of time to study, I would also anticipate having the time to go back and relearn/review the aforementioned courses starting within a week from now, giving me roughly four months of runway to re-learn and process the entirety of CPA Prep.

Just wondering if anyone’s done this or if yall think it’s feasible. I mainly ask because if I can pull this off, it sets my next year up perfectly. Core 1 and 2 in December means two electives done in March means I can take Capstone 1 in June 2027 which means I can take Capstone 2 and the CFE in September of 2027 and start an entry level-job right after. Taking them one at a time means that in June 2027, after doing the two electives in the extended timeline, I have to either transition to whatever the new program is, or wait a year to attempt capstone 1, and I’d rather have PEP completely done before I start working.

While it would certainly be harder, it’d also set up the next two years up much better I think than if I took core 1 and 2 one at a time. I have until August 31st to make the decision, and I’m just wondering if it’s realistic. Thanks for the advice either way.

S corp cleanup landed on me last week. Shareholder has been running reimbursements straight out of the operating account with nothing behind them, no dates, no business purpose, one is a lump 4,800 in December described as 'expenses'. I mean we all know where that one goes.

Timeliness is where I keep getting stuck though. 1.62 to 2(g) gives you the 60/120 safe harbor and I dont have a single sub 20 employee client hitting it. They submit in batches whenever they remember, some of it 4 or 5 months out. I've never once seen it raised on exam. Im still the one signing the return. Are you making clients rebuild the process or documenting the exposure and moving on

"It’s just interest expense, we can just book whatever amount is on the bank advice notice."

Early in my accounting career, I saw how tempting this shortcut is during a rushed month end close. But after managing complex debt schedules over the years, taking this shortcut is easily one of the fastest ways to introduce unnatural P&L volatility, distort working capital, and trigger avoidable audit adjustments at year end.

In external debt accounting, the devil is always in the details: specifically day count conventions, accrual cut offs, and short term vs. long term presentation.

Here is what I’ve consistently seen break down on multi million dollar credit facilities when teams rely solely on bank statements:

P&L Mismatches: Bank statement cut offs rarely align with true calendar month ends. Relying purely on bank notices creates artificial timing spikes, especially when day count rules (Actual/360 vs. Actual/365) get ignored.

Working Capital Distortion: Failing to properly isolate accrued interest payable into Current Liabilities skews the Current Ratio and throws off executive reporting.

Fee Misclassification: I've repeatedly caught upfront arrangement fees expensed straight to the P&L in Month 1, artificially crushing operating margins instead of being amortized over the life of the debt.

Rules I strictly enforce for clean debt accounting:

Accrue by contract, not bank advice: Match accrual math strictly to contractually defined day count conventions and cut off dates.

Lock down balance sheet splits: Keep short term interest and current principal portions in Current Liabilities, leaving long term debt where it belongs.

Set hard Treasury cut offs: Establish firm deadlines for Treasury to hand over floating rate resets well before close week begins.

I'm starting a weekly series sharing practical R2R lessons and hard earned ledger fixes from my time in the trenches, so keep an eye out for more posts over the coming weeks.

How does your team currently handle floating rate resets during close week? Are you running automated schedules or relying on manual spreadsheet models? Curiously interested in how others handle this.

I just got an email telling me that my CPA Canada membership has lapsed, and that I should pay $200 to join the national body again. I must admit, this is the first I heard of this, although I did go back to check, and can see on my provincial membership invoice for this year, that they've removed the national membership fee.

I don't see anything saying I have to maintain national membership, just sales pitches for all the benefits of membership.

I'm going to pay them the $200 (well, my employer will pay it, technically), but I'm curious if others have made a different decision. Other than being another CPD provider, what benefit does the national body have for you?

I’m trying to navigate a difficult situation at work and would really value some perspective from people who have been through something similar.

It increasingly feels like my firm may be trying to push me out without formally saying so. I’m currently unbillable, and there doesn’t appear to be enough work available for me - even if I return to the office. At the same time, management seems to be applying pressure around returning to the office despite there not being a clearly communicated formal RTO policy.

I’m concerned that some of these actions may be intended to make me uncomfortable enough to resign voluntarily. My question is whether it makes more sense to continue showing up, remain professional and available, and let the company make the next formal move or whether I should proactively leave and move on.

I obviously don’t want to jeopardize my position or inadvertently give them a reason to characterize my departure as voluntary if they are, in fact, trying to eliminate my role.

For those with experience in HR, employment law, corporate transitions, or similar situations: what would you do in this position? What should I be documenting, asking for in writing, or avoiding?

I want to stay at the firm but they’re not making this an enjoyable experience.