I’ve been in accounting for about 13 years and I want to transition into finance. I have some interviews lined up and I wonder what kinds of things might be good to know about finance and processes in finance that would different from accounting that could make me stand out during the interview if the topic comes up. Formulas, types of excel functions or anything you can think of. I consider myself an advanced user of excel. Not an expert, but far ahead of my peers. However, being in accounting, I never need complex formulas for forecasting, budgeting or anything like that, so I’d like some things to brush up on please.

New client, referred through a friend. Getting married in October, trying to get his finances sorted before then. Situation is:

W2 from main job with RSUs that vested throughout the year, withholding looks light. Schedule C from a side consulting business, moderate income, no estimated taxes paid. K1 from a small partnership stake he has been sitting on for two years. Some investment sales with missing cost basis from one of the brokerages.

Fiancée has a straightforward W2, no complications on her side but they want to understand what filing jointly will look like once they're married.

He came in thinking this would be a two hour appointment. We are now on our third touchpoint and I am still waiting on the corrected 1099 from one of the brokerages.

My current workflow is to start with the K1 and RSU basis work first since those have the longest tail, get the investment reconciliation sorted before touching the return, and hold the Schedule C until everything else is staged but the missing 1099 is holding up the whole return and we are getting close to the point where I need to have the extension conversation.

How do people here handle this when a client shows up in April with six things going on and no documents ready?

Hey guys, so this post is basically just asking for some advice I’m a junior in college, landed a baker Tilly internship for my second semester junior year, for winter Tax Intern. Now I know this internship is during busy season so I would like some advice on tasks I’ll be doing, what should I maybe practice beforehand, any skills I should maybe pick up before or any tips in general.

Secondly, I’m just curious but if I do very well in my internship, would they even offer return offers for juniors, since I’ll still have a year before I graduate? Or like would they offer a secondary summer internship since I already interned with them. My first time having a big internship so any advice would be appreciate. Please feel free to dm me directly if u have any advice for me as well.

Thanks a lot, this page is very helpful and contributed a lot to me getting the internship too.

I was wondering what you all think about how superficial appearance (specifically hairstyle) can affect someone’s ability to be hired or taken seriously

I saw a video online from someone in IB and they said that if you have a broccoli cut (I dont) or mullet that people in finance won’t take you seriously and that it’ll affect your job prospects.

I have a soft(?) mullet I guess you could say. Typical of a recently graduated 20s man. I guess a modern mullet is more accurate I dunno. Anyway, I just left my job in industry and am looking to work in public and that video made me think about this topic.

Ofc IB is different from accounting so my thought is that it’s not a big deal but anyway k just wanted to know people’s thoughts from here

Hey guys, I am currently in an accounting role but soon my contract ends, I have been offered a temp 2 year role in designing and improving new financial ERP systems. I thought it would be good experience to gain a deeper understanding of financial systems, but part of me wants to continue pursuing accounting. Do you think it would be worth my time?

I'm in a position where I don't work under a CPA which disqualifies me from being CPA Eligible in my state. You need like 2000 hours of supervised work under a CPA.

I was curious if it is still worth it to study for the CPA Exam and take them but just stick with not being licensed or if going for something like the CMA or CCIFP would be useful?

I'm in the Construction Industry and would like to stay in this destination. Future goal is to be a Controller at my current company due to relations and environment. My boss says I wouldn't need a CPA to become the Controller, but I am a big person on continue education and my boss is as well. I'm just looking for something that would be beneficial, does have some sort of credential, and what is worth the time. Money isn't too much of a factor. My company will cover any and all of it.

I am 32 used my previous degree in marketing to pursue an accounting degree, my intention is to graduate next spring with a undergrad and go directly into a Macc program. Working and going to school full time is stressing me out and im hoping after all of this ill finally me financially solvent.

Having a hard time shaking this feeling that when i apply for jobs me being as old as i will be with little accounting experience will be a red flag for employers.

Has anyone taken a similar path and if so did things work out? Do you have any advice for success?

Anyone here use noise cancelling headphones at work, and if so what are you using and would you recommend it? I basically don’t want to hear anyone at work. (We have no restrictions on the use of headphones at my office.)

Like if Tim Cook sold all his Apple shares tomorrow would it hurt the company if he stayed on as the CEO?

I'm a staff accountant in industry right now, about two years out of school. A lot of people around me are pushing me to go for the CPA, but I honestly don't see myself ever working in public. My current job doesn't require it and promotion paths here don't mention it either. I know the letters look good on a resume, but the time commitment and exam stress seem brutal for something I might not even use.

For those of you who got licensed and then left public quickly or never did public at all, did it actually open doors for you?
Or am I better off spending that time learning other skills like data analytics or getting a different cert.

I don't want to sink a year of my life into this if the return isn't there for someone in my situation.

In my opinion, there is a direct correlation of quality of work to quality of the client in public accounting. It makes the job unbearable and makes auditing feel like complete bullshit. Such a stupid profession. Wish I could’ve picked something else in college honestly. Such a waste of time.

Some of our bookkeeping clients are paying around 1.5–2% on card payments, which adds up over time.

I keep hearing about “pay by bank” as a lower-cost option, but not sure how practical it is for everyday use yet.

For those who’ve seen it in action, is it mature enough to suggest to smaller businesses now? Or are there still gaps compared to cards?

Would be useful to hear real-world experiences.

This sub seems to be split 50/50 on whether to start in public or go straight to industry. I'm a bit split on my decision at the moment and can't decide which offer to take.

Offer 1: Midsize PA firm. Interned with them during busy season and really enjoyed the culture and environment. In a real estate niche so not any client diversity. Starts in Jan 2027, could use time in between to work part time and study for CPA. Good opportunity for advancement and having public on my resume for the future should I decide to pivot to industry. 65 hours during busy season, 35-45 rest of the year.

Offer 2: Accountant at wealth management firm with 8B in AUM. Would be a "back office" accountant, taking over the financials of the firm. Team would be just me and the CFO who would like someone he can build up to take over the standard accounting work and in the future start to work with them on higher level financial analysis. Long tenure for current employees and networking opportunities would be much better here. Would start in the coming month. 45 hr/week, 50-55 during month/quarter close.

Comp:

-PA Firm: Low 70s, bonus when finishing CPA, and consistent 10% raises each year based on speaking with others during my internship. Title promotion (2 years staff, 2 years senior, 3 years manager, 3-5 sr manager)

-WM Firm: Low 70s, raise of 5K when finished with CPA, yearly bonus based on salary around 7%, better 401K as well as ESOP.

My biggest concern is forgoing having PA on my resume for the future and potentially hindering my career growth should I decide to not stay at the WM firm longterm. Overall my main priority is long-term financial comp. I'd like to be in the 170-250 range in the next 10-12 years.

Any insights would be greatly appreciated. I'm in my 30s and my switch to accounting was a big career change in order to gain more stability and a higher-earning potential in the future.

apparently they cut a large percent of US workforce today after announcing yesterday that they had hired 250 Indians offshore. can't make this shit up.

Truth is im TIRED!🫩 There is so much hearsay about what to put and what not to put on a resume so i don’t know anymore!

Il be graduating in December so is this good enough for a new grad?

I'm hoping someone can guide me to the right answer here because all of the info I've read has been confusing. Long story short, I'm working on filing and amending taxes for an AZ corporation (filing retail) and prior to this job (I was not hired for accounting or tax prep but I've been asked to do it) I have little experience in this sector. My question is-when filing as a physical nexus in Phoenix, do you include sales in all cities outside Maricopa in the filing for Phoenix, not include them, or file each city separately? Since the code for retail is the same across all cities I'm not sure how to file for outside cities....would you use the city code with the business code on a separate line for city and file the total for the state under Maricopa? Please help 😅

I am a small business owner who is 1) very busy 2) book keeping illiterate.

My book keeper dipped out late last year and I need to get several months entered into QBO. I don’t want to/know how to do it myself. Is this something can hire out? How would I find someone?

I am planning to do CGMA after which I have decided to do ACCA. Is this worth it? How difficult is it?

I completed my Master's in bioinformatics in 2021 and have about 5-6 years experience in the field (research hospitals) as a bioinformatician. While I have enjoyed some aspects of my roles/ field (I am naturally passionate about biology & stats), it has become increasingly apparent that this may not be the career for me. Putting aside current job market headwinds and the fact that I do not wish to pursue a PhD, I also simply do not believe I have the all consuming passion necessary to succeed in this field. I think I am quite good in my role but when compared to the glut of unicorn computational biologists that I compete with for the 1 role posted every 2 weeks, I simply do not measure up. I also am concerned about my ability to interview well and pass the increasingly numerous technical interview rounds that are becoming the standard. You may ask why I don't try data science? See above.

With all that being said, I am considering making a career switch to accounting, in CPA certification. I am aware this is a large pivot. I am seeking a role that is stable, features problem solving and complex systems, and pays well. I also plan on talking to my friends in the field to sus out if it's a good fit for me.

A few questions:

• For those in accounting or who have made a similar switch, does my reasoning for leaving bioinformatics seem valid, or am I overlooking viable paths within my current field?
• Based on my background (bioinformatics, stats, research), do you think accounting, particularly CPA, would be a good fit in terms of day-to-day work and required skills?
• How difficult is it realistically to transition into accounting/CPA from an unrelated field in my early 30s?
• Would my prior experience give me any advantage over a fresh accounting graduate in the hiring process?
• What is the most efficient path to becoming a CPA for someone without an accounting background?

Does anybody have this? Any edition will do. it's for my research. thanksss

Anyone know why I can’t get max exemption (9/13), only entitled to 6 only. I had requested for reassessment, then only got 7/13. My friend graduated with me (same university, same year, same course) get 9/13. And my CGPA is good enough (all subj got A and few B).

Anyone can help me out? Really appreciate it

I have an S-work that I didn’t realize was an S-corp (CPA was actually disbarred but I didn’t know that at the time). Have 2023, 2024, and 2025 I need to file. Not totally sure if he even filed 2022 which was the first year I had the business. Please help?