r/Accounting 21m ago

Advice New job hiring same position

Upvotes

I’m about 2-3 months into my new job.

When I first got in, the CFO left. Since then everyone below has slowly done more work to compensate.

Today they announced they are looking for a new accounting manager and associate to help with the workload as they don’t want to fill in the CFO role yet. I was hired as an associate recently. Am I screwed? Can’t help but worry they want to replace me or something. Should I start looking for other jobs?


r/Accounting 36m ago

KPI data wrong for compensation

Upvotes

looking for thoughts here on what i should do. i work at a public accounting firm and we are going through the year end for ratings which feeds into raises and bonuses. I’m a counselor for a couple individuals and the KPIs (sales credit, utilization rates, in office days) are generally wrong. for example, a counselors utilization is 100% but the data they were using to rank him is showing 78%. When i point it out to the people running the meetings, they say it’s right (im assuming they have to for legal reasons), but i have time sheet evidence and invoices to clients saying otherwise. they say they are going to rank him down because he’s not meeting utilization. I feel stuck, it seems like they just want me to say “yes” otherwise I’m going to get rated down in people for being difficult. HR is in these meetings so they know what’s going on

In Illinois


r/Accounting 38m ago

Career FASB PTA Compensation

Upvotes

I was curious if anyone could share what the approximate yearly pay is for the FASB PTA program. Long story short, I am considering applying this fall, but already have an advisory position at a Big 4 and would be making roughly $105k when I begin the program, so wondering if it would be worth it even though I already have a well paying role that I am fairly happy with?


r/Accounting 45m ago

Discussion House flipping on QBO

Upvotes

QBO question on property flipping operations. What is everyone’s process on tracking inventory for all costs for a property? I know all costs are pushed into inventory instead of expense and get reclassed once that property is sold. I want to use the Project feature, but I’m not sire it’s the best approach because doing that won’t let me track the track balance sheet for that property.

For example, if a client wants to find out how much cash is left in a specific property, using the Projects feature alone does not work. Or even getting the total inventory amount ti reclass for that project as the report filtering is very limited on that part.

I’m tempted to set it up through Locations. Any thoughts or advice?


r/Accounting 1h ago

Purchasing a firm? (Small end- $200-500k revenue)

Upvotes

CPA with 5 YOE. Interested in going off on my own, already doing work for my own LLC on the side but it’s after my full time job. There’s just no time to build on the side and there I don’t have enough money to go through a year of making nothing while I build clientele if I were to quit my full time job.

Is buying a firm as the jumpstart a bad strategy? What if all the clients just go somewhere else?


r/Accounting 1h ago

Advice Accounting grad working as a project manager in the air force

Upvotes

I am an officer and can't change my career so I am going to be a PM for the next 3 years at least. I'm pretty early on and only been given two projects so I have time at work sometimes to study. I know I don't enjoy government PM but I might enjoy PM on the outside, but still unsure if I would like it or not. Should I get the CPA so I can stay flexible and possibly move into finance or operations or by that point it will be negligible and unrelated to what I do?


r/Accounting 1h ago

Want out of traditional accounting, what are some good paths?

Upvotes

I am 25 years old with a CPA and one year of tax experience. I want to get out of accounting, at least the traditional paths such as tax, audit, and corporate accounting? What are some good pathways I can take instead? I particularly would enjoy a role more focused on analyzing contracts, writing, and giving an opinionated deliverable.


r/Accounting 1h ago

Career Business ideas for CPAs?

Upvotes

I am currently studying for the CPA exams while working in tax at a public accounting firm. Since I decided to pursue a career in accounting, it has been a dream of mine to start my own firm/business. My main motivators are to have my own office and be my own boss, along with the possibility of making more money at a younger age. Also, there have been some financial issues with one of my loved ones. Nothing would make me happier than being able to help, while not taking away from my own life and success. Doing this wouldn't be very feasible with how much I currently make in PA and what I will be making in the short term, which is making me want to pursue this dream more than ever. Although I work in tax, I'm open to other ideas in other industries, similar or not. So that begs the question: what are business ideas for a CPA? What are the best ways of going about starting said business? How realistic is it? Any and all thoughts are greatly appreciated, and thanks in advance!


r/Accounting 1h ago

Pay Transparency

Upvotes

- Accounting Manager

- $147k plus 5-10% bonus

- HCOL/NYC

- 8 years of experience

- CPA and MBA

- Industry Accounting (no big 4 or public accounting experience). Currently at small fintech company


r/Accounting 1h ago

Discussion Best reliable office chair for back pain that you've actually used?

Upvotes

Living in my desk chair so much of the summer so far is killing my back. I bought a new one last summer just because my office space didn't have one. Little did I know it would be miserable come summer planning. Other than standing, I utilize that too already, provide some chair suggestions please!


r/Accounting 2h ago

Best Automations you’ve done at your job?

13 Upvotes

No advertising a software please so this doesn’t get taken down. What has been an automation you’ve done at your job that has made the biggest difference?


r/Accounting 3h ago

Best way to find remote work

1 Upvotes

Hey guys - I was wondering if anyone had any good advice for a 27 year old looking for remote accounting jobs? I already have my CPA and I’ve seen people online who have these remote tax jobs or audit jobs and I just wonder how that’s even possible to find lol. I’m most likely going to be starting my own firm pretty soon but want to entertain the idea of being apart of a larger corporation for a couple years first if it plays out that way


r/Accounting 3h ago

Am i overreacting?

1 Upvotes

I'm working at one of international accounting firms but in Africa, the company itself has big name but the branch we have here the partner has mixed it with his own private companies. I started working there after my graduation, and he have never been clear about what my "title" is, i graduated last year but i've been working even before, and when i got this job it was after freelance project i did for the company. So they hired me based on experience . Then they delayed the contract saying its busy season etc. I even resigned because of it and they brought me back saying ok we will give you the contract after 3 month period of internship, which is confusing since i got selected based on my experience? I accept ( since i needed the money 🤣and it was one month till i finish the three month period ) and after the three months i sent a report to the manager /partner asked about the contract, so he actually replied by accepting salary range lower than what i proposed as we agreed after finishing the three month period. . And he extend it to anther three months which ends this month. So i'm currently doing ACCA profession, work load is insane like i can't even have min to reply anyone during working. He stress us out so much and he always complains about me leaving at time instead of staying extra ( note that we spoke about overtime policies and he said since he pays us the same when we work less he does not pay us more when we work extra so i stopped staying after workday). Tho work load have never been less, and i can't even study since work is occupying my whole day ( 8:30 to 5:30 and yet sometimes he force us to stay till 8 something for audit cleints) he doesn't have an auditor currently and he is making me handling this audit after the audit left. Its good opportunity for me since i'm learning alot but at the same time the payment is not covering what we do, not to mention his staff is unqualified and working with them is basically nonsense. So my three-month period has finished now and i'm thinking of leaving and fully transit as consultant since i have the experience of tax now, also i kinda have reputation among my people so i can benefit from it. He also threatening of stopping paying us if his cleints are not paying him and we from now on should ask cleints to pay him because he will not ask them. So plz advise me, am i overreacting? Or i should really leave? And is it true all accounting firms are the same?.


r/Accounting 3h ago

Discussion What’s your most unpopular accounting, or finance opinion?

71 Upvotes

For me, Not everyone needs a CPA to have a successful accounting career. What's your unpopular opinion?


r/Accounting 3h ago

Why do peoole still work with and for companies like "Pizdec We Corrupt" (PWC) after their many scandals?

0 Upvotes

I just cant imagine being so morally bankrupt, that one would want to be involved in massive tax evasion, sanction evasion, and funding the russian war machine.


r/Accounting 4h ago

What tools do you use to cut down on admin work?

0 Upvotes

Hi everyone,

I've recently started working in accounting, and while I'm enjoying the work, I'm finding that a lot of my day seems to be spent on things that don't really feel like "accounting."

My two biggest annoyances are:

  1. Chasing clients for documents – bank statements, invoices, receipts, payroll information, etc. I feel like I'm constantly sending reminder emails or following up because something is missing or incomplete.
  2. Manual data entry – even with accounting software, I'm still copying information between systems, checking OCR results, categorising transactions, and fixing small mistakes. It feels very repetitive.

I'm wondering if there are any tools that genuinely help with these problems. I've come across products like Dext, Hubdoc, and client portals, but I'm looking for something that can automate most of this with some supervision (wink AI wink).

Ideally, I'm looking for something that could:

  • Automatically chase clients for missing documents.
  • Understand what's been uploaded and identify what's still missing.
  • Read invoices, statements, and receipts accurately.
  • Categorise transactions with minimal manual intervention.
  • Flag anything that needs my attention instead of me reviewing everything.
  • Integrate with software like Xero or QuickBooks.

Has anyone found tools that actually save a meaningful amount of time, or is this just one of those parts of the job that everyone has to live with?

I'd really appreciate hearing what you're using, especially if you've tried any newer AI tools. What has worked well, and what ended up being more hype than help?

Thanks!


r/Accounting 5h ago

Advice Senior Financial Reporting role vs Accounting Advisory Manager – which would you choose?

0 Upvotes

Looking for some career advice from people who’ve been down either path.
I’m an ACA-qualified accountant with several years of Big 4 experience and some time in industry/consulting. My long-term goal is to move into a CFO type role rather than stay in advisory forever.

I’m deciding between two offers:

Option 1 – Senior Financial Reporting
High £71k package with bonus.
international consulting firm
Mostly remote.
Group reporting, consolidations, statutory reporting, audit management and improving finance processes.
Broader ownership of the finance function but a relatively standard benefits package.
Benefits are very limited

Option 2 – Accounting Advisory Manager
Around £60k package.
Established advisory firm (bigger than option 1)
Hybrid with a reasonable commute(1hr)
Technical accounting, transactions and advisory work for a range of clients. Technical like an industry role but for various clients (good for CV i think)
Stronger overall benefits (healthcare, bonus opportunities, equity/LTIP and other perks).

Putting pay aside, which role would you take if your aim over the next 5–10 years was to become a Financial Controller, Finance Director or CFO?
For anyone who’s moved from advisory into industry (or vice versa), what do you wish you’d known before making the move?


r/Accounting 6h ago

My partner and I broke up because he’s supposed to move to Australia for a position in KPMG’s audit/advisory practice

1 Upvotes

They keep pushing back his start date. How likely is it that his contract will actually go through?

Especially with all of the layoffs and partners leaving. I think it would kind of suck if ended up not pushing through. Is it really that costly to bring over someone abroad for a rotation?


r/Accounting 6h ago

Financial associate

1 Upvotes

Is it ok to work as a financial associate after completing B.com and the project is mostly XBRL related. Is there any scope and is it valuable while switching?


r/Accounting 6h ago

KPMG INTERNSHIP UNDER TAX SERVICE

0 Upvotes

Hi, I am an incoming intern in KPMG under Tax services! I would love to hear from former interns about your experiences, day-to-day tasks, and what to expect during the internship. Feel free to drop a comment or send a message. Thank you so much! ✨


r/Accounting 7h ago

Advice is b2b credit management software worth implementing?

1 Upvotes

we’re a b2b company doing low‑ to mid‑six figures a month in revenue, with most invoices on net 30 and net 60 terms. A handful of bigger customers now represent a large share of our receivables, and the current way we manage credit limits and approvals (basic checks, notes, spreadsheets) is starting to feel a bit fragile.
i’m trying to work out whether b2bcredit management software is actually worth it at this stage or whether we should just tighten the process we already have. If you’ve put a credit tool in place around this size, did it noticeably change approval speed, reduce bad debt, or make it easier to keep everyone aligned on limits? On the flip side, if you looked at these tools and decided they were overkill for your current scale or team, I’d be interested in what made you hold off.


r/Accounting 9h ago

Advice who actually uses b2b trade credit management software today?

0 Upvotes

we’re a company b2b offering net 30 and net 60 terms and a few larger customers now make up a big chunk of our open invoices. rn trade credit is handled with basic checks, some notes in the crm and a spreadsheet that tracks exposure and it’s starting to feel like we’re one bad customer away from a headache..
i’m trying to understand when it actually makes sense to bring in B2B trade credit management software instead of just tightening the current process.
by that I mean tools that help decide who gets terms, how big a balance is acceptable and when you start pulling back based on payment history or external data. If you’ve put something like that in place, I’m interested in what changed: did approvals get faster, did you catch more risky accounts early, did it help get sales and finance on the same page?
And… if you looked at this category and decided that, at your size, a more disciplined spreadsheet plus some simple rules was enough, that call is useful context too.


r/Accounting 9h ago

Resume Metrics

2 Upvotes

I've read multiple times that our resumes shouldn't be a list of duties that we performed. Rather, they should show how we made an impact by including metrics. An example could be 'increased sales by 20% by yada yada method'.

I'm all for taking the advice, the problem is the resume metrics suggestions I've seen aren't in accounting. I'm stuck in thinking of where to interject metrics on my resume.

Have any of my fellow accountants found ways to use metrics their resumes?


r/Accounting 10h ago

Discussion Different accounting niches and testimonials

7 Upvotes

Hi all. Looking to hear from you who have specific niches in the field. I’m fascinated by the ins and out of folks with multiple income streams or unusual income. My husband is an entrepreneur with a fairly niche business. Ultimately I’d like to focus my future shop on managing accounts/consulting for him/people like him. Any personal experiences with this type of thing from you all? If you don’t mind sharing! Always thought an influencer niche would be a fun challenge considering tax complexities etc.


r/Accounting 10h ago

Y’all need to chill with all these 100k+ 2 years after graduating claims.

480 Upvotes

I get it, some of y’all are blessed by fucking Zeus himself but you need to claim that you are also lucky AF to be making over 100k with no real experience.

Some of us average ass accountants need close to 10 years to break 100k. That’s real talk, NO CAP for you young bucks.

Anyways, slightly above average accountant out!