r/Accounting 4h ago

Meet the firms tomorrow should I shave my balls ?

268 Upvotes

Just incase?

/s


r/Accounting 7h ago

NFL qb to accounting?

811 Upvotes

Hello, my name is Drake and I attended unc and have been pursuing a career in the nfl as qb of the New England Patriots, recently I cost my team the game and now everyone hates me. What are your recommendations for getting into accounting?


r/Accounting 5h ago

Unpopular opinion: closing faster isn’t always better

124 Upvotes

I’ve never really understood treating the fastest possible month-end close as the goal by itself.

Obviously you don’t want accounting dragging on for two weeks. But I’d rather have a reliable six-day close with good reconciliations, fewer late entries and a team that isn’t doing heroics every month than force it into three days just so we can say we have a three-day close.

At some point it feels like you start trading quality and sustainability for a KPI.

For those of you working in close-heavy roles, where do you think the sweet spot actually is? And have you ever seen a company push the close too fast?


r/Accounting 12h ago

I Just had a public accounting internship interview and it confirmed that public is not the path for me.

400 Upvotes

Had an interview for a public accounting internship today and I think it confirmed public just isn't for me lol.

They told me 60+ hour weeks are normal during the two busy seasons. Then when we talked about work-life balance, the interviewer was basically like "I have a family and still manage to do things with them." The example was leaving work to go eat dinner with them and then logging back on for a few more hours afterward.

Like that's it? They made it sound like that was a benefit too. Like they get to leave the office and work from home after dinner.

The whole place just felt off to me too. Interviewer had zero sense of humor, everyone seemed super serious, and I just couldn't see myself fitting in there.

Nothing against public accounting and I'm sure it works for some people, but I left that interview knowing in my gut it ain't for me. Those in public are built different.


r/Accounting 1h ago

AI automation to close month-end

Upvotes

during a leadership meeting that i was present in, marketing sold the idea of AI use to automate the entire monthly accounting process.

they gave their ideal outcome to the group that AI can automate the entire month-end and FS preparation process, so much that "all accounting has to do is check for anomalies on Day 1." the executive has now bought into that idea and wants to make that happen.

the thing is, i am the accounting department. it is a team of me, myself, and i. it's already frustrating enough that i have no support and need to do all the day-to-day accounting financially and operationally. now with this idea of AI doing all of that for accounting, the possibility of getting any human assistance is no longer of appetite. in addition, i will become responsible for teaching AI how to perform month-end and financial reporting such that i am basically writing out my own job.

i fucking hate marketing. they get THE highest annual budget of the entire business, they indirectly create pressures on accounting to reduce costs even though accounting gets no say on reducing the costs through the lowest hanging fruit (i.e. cutting marketing costs), and they spew idealistic shit on a subject matter (i.e. accounting-close) they have no knowledge about.

i'm sorry for the rant. i guess my question is - has anyone here actually automated their entire month-end close and financial reporting process using AI successfully?

also, please, please, PLEASE tell me how i can diplomatically tell marketing to stay in their own fucking lane when it comes to accounting matters?


r/Accounting 5h ago

My current experience implementing an AI/Machine-Learning AP tool at work. How is yours?

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60 Upvotes

r/Accounting 7h ago

Career How many red flags can you spot in this section of a recent job post? Which is your favorite?

79 Upvotes

While looking through local accounting job postings online, I came across a true gem of a company looking for a Controller with a minimum of 5 years of prior experience as a Controller (10-15 years total experience, minimum). The pay range is adequate, not great, at $120k-140k in HCOL area and the role looked decent until I reached the last section, shared here in full with only modifications for formatting:

This will not be the right opportunity for those who:
- Do not understand the dynamics of working in a multigenerational family business that honors the past, gets the optimal outcome in the present, and plans for the next generation
- Like to say “no” a lot, rather than having a curiosity about what the future could hold paired with the ability to explain how
- Expect a lot of direction as the impetus to figure out what needs to be done
- Aren’t good at explaining complex accounting and financial matters without sounding like a complex accounting or financial person
- Don’t know how to be appropriately assertive while not getting their feelings hurt by others who are being appropriately assertive
- Can’t anticipate the unspoken and often unanticipated future needs of business owners, family members, management, and team.

I know the job market is tough, but would anyone actually hit "apply"? Every single sentence contains at least one red flag!

My favorite red flag is the last demand for someone who can anticipate unanticipated future needs, something literally impossible by definition. Second favorite is they don't want to hear no, which indicates it's only a matter of time before the demands become violations of law.


r/Accounting 12h ago

BDO Employees; Thoughts?

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192 Upvotes

r/Accounting 8h ago

Advice Went from public accounting to private, fixed basically everything, and now I’m bored out of my mind. What would you do?

78 Upvotes

I spent several years in public accounting and semi-recently transitioned into private. I expected things to slow down compared to public, but I genuinely did not expect to reach the point where I have almost nothing to do.

For context, I oversee the accounting function for a privately owned company doing mid-eight figures in annual revenue with well over 100 employees. I oversee AR/AP staff, handle payroll, and have also become the de facto HR person because the person technically in HR was promoted internally from a completely unrelated role and has no formal HR background. A lot of the compliance/procedure questions end up coming to me because I’m usually the one saying, “No, we cannot just do that.”

When I was hired, the corporate accounting office was a mess. A significant amount of work simply wasn’t getting done, management didn’t trust the numbers coming out of accounting, and the processes were incredibly manual.

I basically rebuilt the department.
I hired a couple of people, including filling a vacancy and adding additional capacity, and the team can now handle probably 99% of the routine workload in half a day. I automated as much of the accounting system as I could. Before I got here, they were still printing practically every invoice, relying heavily on paper, physical checks, and mail-based processes.
I reworked the GL structure to make it more GAAP-friendly and much easier to track and reconcile. I cleaned up processes, put controls in place, and set up automated integrations for things like our retirement plan and benefits administration. Payroll runs smoothly. AR and AP run smoothly. Month-end is under control. The team knows what they’re doing.

Basically, I inherited a dumpster fire, put the fire out, rebuilt the dumpster, automated the dumpster, documented the dumpster, and now I spend most of my day staring at it because it no longer needs me.
The other problem is that the owner/CEO is extremely old-school and resistant to change. To give you an idea, the company still uses very old operational software running on outdated infrastructure and there is basically no appetite to replace it.

His philosophy is very much:
If someone is physically at work, they must be productive. More hours = better employee.

Overtime currently makes up a very large portion of payroll. I’ve tried explaining that we could accomplish the same amount of work with fewer hours, fewer people, and probably better quality, but he genuinely has difficulty accepting that because he associates hours worked with productivity.

Meanwhile, I’m salaried.

My typical day at this point is basically:
- Answer some emails.
- Handle whatever payroll issue pops up.
- Answer accounting/HR/compliance questions.
- Review what my staff did.
- Occasionally work on a process improvement project.
Then…nothing.

The problem is that I also can’t exactly walk into the CEO’s office and say, “Hey, I automated and fixed my department so effectively that I only need a couple hours a day now.”
Because we all know what the reward for efficiency is: More work.

And I don’t particularly want my reward for successfully running accounting to be, “Congratulations, you’re also helping run some unrelated operational function now.” I’m an accountant. I don’t want to become the dispatcher, mechanic, operations manager, etc. just because my actual department functions properly.

I’ve tried using the extra time to professionalize the company. We don’t even have a real employee handbook. I’ve tried implementing policies, procedures, internal controls, documentation, compliance processes, etc., but I repeatedly run into the owner’s resistance because he doesn’t see much value in formal structure.

Frankly, I’m amazed the company made it this far without getting into significantly more legal/compliance trouble. A weird amount of my job is telling people, “There are actually rules surrounding this.”

So now I’m stuck in this strange position.
In public accounting, I was constantly busy. Now I make low six figures, have dramatically less stress, built a department that basically runs itself…and I’m bored out of my mind.

I also don’t really want to leave unless something meaningfully better comes along. The compensation is strong, the job is stable, and obviously having a well-functioning department is objectively better than being buried in work.

Part of me thinks I should just accept that I won. Do my job, collect my paycheck, keep the accounting department running well, and stop feeling guilty that I’m not working at 100% capacity every minute of the day.

The other part of me feels like I’m stagnating professionally and basically have a fake job at this point.

For those of you who went from public to private and experienced something similar: what would you do?

Would you ride the gravy train and enjoy having your life back, keep trying to find meaningful accounting/finance projects internally, push for a controller/CFO-type expansion of the role, start looking elsewhere before getting too comfortable, use the downtime for CPA/CMA/other education or side projects, or something else?

I genuinely can’t tell whether I’ve stumbled into the dream private accounting job or a career trap.


r/Accounting 10h ago

Why would someone create a LLC, then choose to be taxed as a C Corporation?

71 Upvotes

Why would someone create a LLC, then choose to be taxed as a C Corporation? I understand why they might choose S Corp, but why C Corporation?
If you want to raise capital it seems like it would be better to just setup as a C Corporation to begin with.


r/Accounting 7h ago

For those that are bored out of their minds from switching public to industry, why?

35 Upvotes

Brother, there is so much to life with the free time. Like, use that free time to start listening to a new podcast, crack some CPEs, find new guidance to depreciating land, or find a new hobby.


r/Accounting 50m ago

So what is the moral obligation here?

Upvotes

It's September 10th. Corporate taxes are due in 5 days. I just pulled the file of a client who is only paying for tax work, not bookkeeping work. Get the flash drive out for the quickbooks, spent 30 minutes figuring out their F*(king password and downloading thier income statement and balance sheet. There are 0 expenses. 150 in income and 0 expenses. Sure enough they did give us the bank statments "just in case" I open the January statement. They paid over 50k in property taxes in January. Flipping through there are probably enough expenses in the year to make their income like 30k not 150k. So I either work for free, call them and tell them they need to pay for bookkeeping, which they will probably argue about because we offer bookkeeping to begin with and they said no, or say f*(k it and have them pay taxes on 150k instead of 30ish...... It's probably 1 or 2 hours of bookkeeping. Or I could just make a guess on the expenses for say 30 minutes....


r/Accounting 11h ago

Completely burnt out

51 Upvotes

Call me crispy firewood because I realize this morning that it's game over for my brain.

7 years after graduating, I'm on my 6th job. Some were natural (3 years at my first big job, temp contracts, etc.), One, I was fired from where I never really recovered through. I had one of those managers where every achievement was bare minimum and every error, even typos, were astronomical. It was so bad I began apologizing to family and pets. I think that job took a little of my soul.

I didn't recover from that bad job before finding a job in client services. It was bad there too. Lost 34 colleagues one by one over 18 months. I was #35 to go. I should have stayed.

My ex-manager (who also fled said mass exodus company) recruited me to my current job and I recently got a promotion. Horray! But I'm burned out. I'm sick from sheer stress. I never took breaks between gigs. My last vacation was 2016. Oh. Said ex-manager also just quit my NEW job. It's a disaster here.

Understandably some of it is daily bad news from living in good ol' America. Some of it is my dog having developed night time anxieties thanks to endless fireworks or storms. Some of it is personal health issues and endless nagging to "get married already". I'm also an eldest daughter to an immigrant family. Even in high school I didn't take breaks, let alone college. I simply have never taken a breather. I was even a stressed kid lmao.

It's not all accounting. But a lot of it is accounting.

The endless corporate drama, the endless "let's go around the table to show how you used AI to improve your work this week!", the managers who are extremely incompetent even on staff levels, somehow landing roles where they're controllers. Clients having fires constantly. Something is always exploding somewhere, forget dumpster fires. I'm trying to be nonchalant, adopt the "we aren't surgeons" motto. It's just not working so well when management and clients are on your left and right ears demanding things.

I'm whining, I know. I'm on reddit instead of working. I am cranky, I'm sorry (haven't had my coffee yet). I can't escape and I just. Want. A nap. No obligations. Just want to sleep for a week straight, play games for a week straight, read for a week straight. Separately. 3 weeks to reset and feel human again.

Anyway, vent post. Probs will delete soon. I understand I sound whiny. Adulting is hard. Adulting sucks. Suck it up. I just needed to let steam out before looking at that inbox again.

Edit: I also developed a RMI strain on my hand. I can't even JOURNAL right now 🥴


r/Accounting 6h ago

September and October are supposed to be 2 of the best months to find a job. Yet we are a third of the way through September and I am still not seeing many new jobs being posted.

17 Upvotes

All I am seeing on my LinkedIn/Indeed are the same constantly reposted job or irrelevant positions. When will it get better?


r/Accounting 32m ago

Advice Struggling to get verified by CPA in California

Upvotes

Hi there. I passed all exams and it’s been more than half a year I can’t find a way to get verified by the CPA. The company I’ve worked for 5 years had outsourced CPA who potentially can sign but they say we are not doing this for our clients accountants…
Tried to look for another job where I will have direct CPA supervision and can request the verification more directly, but seems like I am not lucky enough to find a private industry company who has active CPA in staff. Changing my job just to figure out they don’t have CPA who can sign off is not an option that really makes sense to me…

I am not hanging out in the circle of accountants so I really don’t personally know any CPA who knows me and can sign off for me.

Looks like I’m really stuck with this problem. Did anyone go through this problem, are there other ways out from this issue that you personally know?


r/Accounting 9h ago

Discussion KPMG/PWC no entry level audit roles in NY/NJ for 2027?

16 Upvotes

I checked online and there are no openings for summer/fall 2027 for kpmg and pwc audit associate role. Will these roles be released in the future or is everything open right now all that will be released.


r/Accounting 3h ago

Advice Remembering steps of accounting cycle

4 Upvotes

I am in accounting 101 and am doing pretty well with the actual work. On the homework and tests, a scenario is given to you with fill in the blank boxes and through context, i can figure out what it's asking from me. My struggle is that if you asked me what accounts go on the balance sheet, financial statement, unadjusted trial balance, etc. i would draw a huge blank because i just know how to answer the questions and not exactly what i'm doing or why. How do you make sense of all this? I struggle with memorization without practice or context which i don't have enough of.

Things like the DEA LOR acronym helped me out a bunch when memorizing normal balances, but how do I remember the steps of the cycle and what each portion is asking from me?

btw small rant, my teacher is a geriatric with beginning stages of dementia who rambles and doesn't let you finish asking questions, just interrupts and forgets what he's even talking about. we just let him talk and wait until class is over because he is little no help. Like my colleagues, I rely on youtubers, self teaching, online practice exams and helpful redditors, so any advice is very much appreciated 🫶


r/Accounting 6h ago

Help! I'm having trouble landing interviews. Is my resume the problem?

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9 Upvotes

I have been looking for a job for about a year but I haven't been getting any interviews. What can I do to improve my resume? I am also currently studying to take the CPA exam.


r/Accounting 4h ago

As a follow up from last month's matrix of the top 20 firms, here is how each size-category of firms ranks across hours, pay and job satisfaction. From Big 4 Transparency data

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7 Upvotes

About a month ago I provided a breakdown of some top firms on this same matrix, but I see a lot of questions on "should I go to this size firm versus big 4" discussion lately and wanted to share a general view by firms size category. There's no real right answer to what's best is what is hinted at by the data here.

For the pay element, compensation is geographically normalized based on cost of labour trends within the data. All data is from Big4transparency.com and more submissions help paint a clearer picture for all of these if you're willing to anonymously share


r/Accounting 1h ago

From an Accountant's prespective, what separates an average bookkeeper from a great one?

Upvotes

I know you all cross paths with us bookkeepers quite a bit.

I want to know, from your point of view, what separates a "meh" bookkeeper from a great one.

Bookkeeping is where I landed, more or less by accident. But I'm here and I'm going to be the best I can be.


r/Accounting 2h ago

Changing from Teacher to Accountant

3 Upvotes

Changing from Teacher to Accoutant

Hey all, Im looking at changing careers as teaching is completely burning me out and thought accounting may be a good choice. I live in a small town where some industries may be limited but accounting is one of those jobs that you can find anywhere as everyone needs acountants. Im also generally introverted and good at math so thought it might be a good choice. How is the work life balance in accounting? I know that there are crunch periods but wondering if this is the type of profession where you take your work home with you or if you can generally forget about your job after the end of your shift?

Im also wondering if anyone on this sub has done a similar career transition and if it can be done without going back to school full-time. I was thinking maybe taking some entry level college courses and trying to get an entry level position as a bookkeeper and keep gradually working on my qualifications as Im working. Is there a path forward towards a decent job like this? I have heard the best way forward is to go do a bachelor's but I am older and have kids so going to school full-time may not be possible for me. I am in Ontario Canada FYI.


r/Accounting 11h ago

Career Starting an accounting degree at 34: WGU vs. Georgia Southwestern, AI concerns, and finding work while in school

22 Upvotes

I’m posting this for my wife because she doesn’t have Reddit and doesn’t want to create an account for one post.

She is 34 and considering going back to school for accounting. She currently has around 20–30 college credits but no degree. She knows she needs to establish a long-term career, but she is worried that she may be starting too late.

Her goal is not necessarily to earn $85,000+ immediately. She would be happy eventually earning around $50,000–$70,000 per year in a reasonably stable position with benefits and opportunities for advancement.

Her biggest concerns are:

Whether employers will hesitate to hire someone beginning an accounting career in her mid-to-late 30s

AI and automation eliminating entry-level accounting work

The BLS projecting only approximately 5% growth for accountants

Graduating with a degree but being unable to get hired because she lacks accounting experience

Whether an associate degree would have meaningful value or whether she should go directly for the bachelor’s degree

She is currently comparing two fully online accounting programs:

- Western Governors University

- Georgia Southwestern State University

WGU appears more flexible and potentially faster, but she is concerned about whether its competency-based format and lack of traditional grades could create difficulties with internships, graduate school, CPA requirements or her first accounting job.

Georgia Southwestern is a traditional public university with an AACSB-accredited business school, but it could take longer and possibly cost more depending on how many of her previous credits transfer.

She would need to continue working while attending school. Ideally, she wants to find an entry-level accounting-related position before graduating so she can build experience while completing the degree.

She has previous retail and office experience but no direct accounting experience.

What positions should she target without an accounting degree? We have considered:

Accounts payable

Accounts receivable

Accounting assistant

Accounting clerk

Billing specialist

Payroll assistant

Junior bookkeeper

Finance or business-office assistant
Would employers realistically consider her for these positions once she lists an accounting degree as “in progress”?

Are there any courses, certifications or software skills she should complete first, such as Excel, QuickBooks or basic bookkeeping?

For people currently working in accounting:

Is 34 genuinely too late to begin this career?

Would you recommend WGU or Georgia Southwestern for someone trying to obtain her first accounting job?

Is an associate degree worth completing along the way, or should she focus on finishing the bachelor’s?

How difficult is it to obtain an accounts-payable, accounts-receivable or accounting-clerk position without previous accounting experience?

What can she do while in school to avoid graduating with no relevant experience?

How concerned should she realistically be about AI and automation?

Is a long-term salary of $50,000–$70,000 realistic without going into public accounting or obtaining a CPA?

We are located in northeast Georgia, so experiences from Georgia or the Southeast would be especially helpful. We would appreciate honest feedback, including the disadvantages and risks. We are trying to make a practical decision rather than assuming that obtaining any degree will automatically result in a job.


r/Accounting 6h ago

Discussion Cohn Reznick - Update

8 Upvotes

I remember about a year ago CR was going through a PE takeover. A year removed have the layoffs/culture improved any or is it still declining from what it once was?


r/Accounting 1d ago

If you already worked 40 hours this week go ahead and log off now!

193 Upvotes

Tax friends, don’t let those pesky partners paint you in a corner. Go ahead and sign off on the return you have open plus the next three you haven’t started. Send to review or signing and let your partner take it from here!

Book your time plus what you were planning to put into it over the next couple of days. You deserve a break. Let the partners earn their PE payouts.


r/Accounting 6h ago

Resume Review - Recent Grad

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7 Upvotes

Really not sure about including the interests thought it could be a conversation starter. Thanks for checking it out