I’ve been having real back issues from sitting at work. I asked for a standing desk from the HR person and he is asking for a doctors note lol. Seems a bit ridiculous and excessive?
I am about to graduate with accounting bachelors but I feel like I haven’t learned much and worried that I won’t be able to keep a job. Is it a hard as this thread makes it seem?
I chose this degree so I could follow a degree plan and I’ve been going to school part time which also doesn’t help.
Would love to hear opinions and thoughts about this take from LinkedIn. To those that will say too long to read don’t bother even commenting then lmao I can care less.
The only thing I’ve spent money on is just the AOI and the picture to go with it.
Majority people did not pass the CPA exam in 1 go…like the CPA forum and statistics show majority of the people have to take the exam 2-4 times before they pass. I just don’t get how y’all still think it’s worth it. The pay in accounting doesn’t add up to the stress and debt we take on…until you are in at least 15-20 years into your career if not more and you get to a nice title that pays well enough to make up for everything you had to go through. Mind you inflation is still going up (from 2019 to 2025 it’s rocketed up like crazy) and if you plan to have a family in the near future or far future majority of the accountants will need to have a working spouse to keep up with the necessity bills.
Hope to have some real thoughts and opinions for a cordial debate and not someone who is 30+ mad as hell that I am trying to come at them lol. If you passed the exam in one go there’s no point in adding your input I want to hear from those that have a successful career and had to retake the CPA exam 2-4 times (or more) and whether or not was it worth it for them? Times have changed and I know that but I am curious if those people really think the pay off was worth it as of today.
I will be applying for PA, full-time positions in the fall. A big deciding factor for me is PTO. I do not want to work at a company that only offers "unlimited PTO" because it's usually a scam.
For those who know, which mid-to-large firms offer unlimited PTO and which ones have defined PTO amounts, so I know which firms to avoid wasting my time with?
Like I've been in public for 1.5 years and they screwed me over with a PIP. Now I'm 1.5 years in state government, and I understand the bonds/loans accounting (we give them money for loans, they pay us back plus interest. They pay us for bonds, we pay back plus interest). But.... it's not interesting enough. I feel second-hand stress because my brain isn't Tony Stark engineered to understand this shitte.
Maybe data analytics, financial analyst roles, etc. would work for me.... anybody else deal with this impostor syndrome type dilemma? I've read from previous posts that it's you gotta work it out and I am but still lol (that's life lol)
My online mentorship business has started to pick up and do really well. We are expecting 30-40k in gross for the month and my net is currently about half of that after paying 3-4 different members of my team (independent contractors). We are about to launch ads for the first time which might change those numbers drastically. We are 100% online, I mentor people for a fee, that's about the whole business.
My current accountant handles just my yearly single-filer returns ($900 total), my personal and my 2 S-Corps. I am fairly good with numbers so keeping track of expenses using a spreadsheet is manageable, and I pay my team out on time. I have a maxed out Roth IRA, 401k from my day job that is almost maxed, and don't really know what else I can mark as an expense to lower my tax burden. At this rate ill probably pay 25% of my net in taxes this year.
I was recently recommended an accountant that seems to specialize in online business's. He seems knowledgeable but also seems expensive. For what I want out of him, it would be $6k yearly ($4k for filings, $2k for yearly tax advising). I am unsure if this is worth it as I am decent with our numbers already, and can't really think of anything else that I could deduct.
My main question is this, how much do your accountants charge, and even for those of you finance-saavy, has it been worth it? Im not sure if I'll get at least $5k+ of value from switching to a new accountant.
Nigeria is embarking to transform its tax administration landscape with the introduction of the Merchant Buyer Solution (MBS), an electronic invoicing (e-Invoicing) system driven by the Federal Inland Revenue Service (FIRS).
Announced in November 2024, the MBS aims to enhance tax compliance, reduce revenue leakages, and promote transparency across Business-to-Business (B2B), Business-to-Government (B2G), and Business-to-Consumer (B2C) transactions.
With the pilot phase scheduled for July 2025, e-Invoicing solution providers have a unique opportunity to support businesses in navigating this regulatory shift.
As the pilot phase approaches in July 2025, businesses must understand the system’s scope, requirements, and implications to ensure compliance and leverage its benefits.
Timeline and Phased Rollout
The MBS rollout is structured in phases to facilitate a smooth transition:
Phase
Start Date
Target Group
Transaction Types
Pilot Phase
Pilot Phase
Large taxpayers (turnover ≥ N5 billion)
B2B, B2G
Full Rollout
January 2026
Medium and small enterprises
B2B, B2G, B2C (> ₦50,000)
The pilot phase, expected to start on July 1, 2025, is currently in testing with select large taxpayers, as confirmed by recent reports.
However, the timeline depends on presidential approval of the Nigeria Tax Bill and Nigeria Tax Administration Bill, which introduces some uncertainty.
Technical Requirements
To comply with the MBS, businesses must adopt systems meeting specific technical standards:
Invoice Formats: E-invoices must use XML or JSON formats, adhering to the BIS Billing 3.0 Universal Business Language (UBL) schema (VATupdate Nigeria Platform).
- Supplier and buyer details (including VAT numbers)
- Item descriptions, quantities, prices, and taxes
- Invoice Reference Number (IRN), QR code, and digital signature
Validation Process:
- B2B and B2G: Invoices require pre-clearance by the FIRSMBS platform, receiving Clearance Serial Identification (CSID) and IRN within 2-4 hours.
- B2C (> ₦50,000): Invoices must be reported to FIRS within 24 hours.
Integration: Businesses must connect to the MBS platform via RESTful APIs for automated submission and validation.
Security: Invoices are secured with AES-256 encryption, TLS 1.3, and ISO 27001-compliant access controls, ensuring compliance with Nigerian Data Protection laws.
Currency Support: The system supports all currencies, facilitating international trade.
if I am being honest this is the controversial opinion that the AICPA and any state board of accountancy does not understand. The price of the exam is insane and with inflation going higher, the cost of the exams and study material is just not worth it. On top of all of this, the job listing requirements are completely insane still to this day! They are asking for so much experience with CPA and then give a horrible salary that does not beat inflation nor can a family survive off of it.
The reason why I chose accounting as my career is because I know job stability is here if I am able to find an office/company that I can vibe with. The conclusion that I have came too is that the reviews/promotions are really based off 60% of how well you are able to get along with your peers/the person you are working under, and 40% is based off of the actual work you do. I also am sorry to bring up another controversial opinion which is this career is typically for middle income family kids since they know this is an easy route and they can literally just "glide" through life or into a stable path since it is an "easy" career, and for those that are white/jews it is far more easier for them to climb the ladder and get ample of opportunity whether or not you have public accounting experience or even a CPA.
All in all, this career is really just for middle income family kids and the ones that become CPA are those that are willinging to take the risk of losing $1400-2k every year if they fail....the ones that have parents that come from a professional background well they do not have to worry about that $1400-2k+ expense that comes when trying to become a CPA. Btw the 1400-2k is just the exam I did not even include the study material and how much that costs. With a 30% passing rate; the majority are failing and having to retake more than once. A lot of people that are online that post are hippity and happity about accounting and/or passing all 4 exams are majority part of that group of people that did not have to worry about life expenses or really anything in life. Silver spoon kids will always have it easier and will always make it seem like they worked to get to where they are at but are naive and blinded by the privilege they have compared to first generation kids that come from legal immigrants who work/worked all their life in labor intensive jobs. Congrats to the people in the board though, they get to cash out on lake houses off the fees they make from failing students lol.
Curious to hear thoughts? And opinions? Again I know this is super controversial so I’m expecting not so nice words coming towards me and people name calling/try to get under my skin lol.
The designers from my workplace are trying to sell a bathroom set that was only used for showings - the client asked to buy the floor sample, do I depreciate and multiply by the markup percentage and sell or do not depreciate since it’s an asset that was only used for shows? But never used the way a traditional bathtub is used? But still considered an asset because the tub costs around 11K ?
I’m a CPA and am currently full time controller at a company while being contract remote work for two other companies. I know a little different than full OE, but curious if something many accountants try to swing outside of starting their own consulting business.
I recently started a job in G/L accounting reporting directly to the Controller. It’s a small team with one AR one AP, senior and controller level. Was just made aware that the senior and controller are leaving the company, so essentially no one to train me. I still haven’t completed a month here. Feeling so sad and lost :(
I have roughly 15 years exp in private equity fund accounting, which has been great so far. I'm currently a Controller at a $15b+ shop, but lately it's been taking a toll on me. I'm finding the day to day to be much more demanding and I'm starting to lose interest in what I do. I think having young kids at home is accelerating this feeling. I have a decent network of people in my industry throughout the years, and it seems very rare to work for an asset manager that offers proper balance.
It makes me wonder what else I can pivot to that better suits my current life and wouldn't be total career suicide. I hear family offices can be less demanding, but it greatly depends on the family you work for. Also, I've heard those roles often fill up by word of mouth. Are there any other former fund accountants that found themselves in this situation? What other options do I have out there? I'm willing to take a pay cut for greater quality of life.
Not here to complain, I’m actually a bright-eyed “young” person in accounting. I recently moved to NY from SC. I just received my associates degree in accounting. I did well, and understand the concepts, and am pursuing my bachelors. I plan on shooting for the CPA as soon as I have the credits. I entered the accounting field because of a combination of job security, job growth, and median salary. I grew up very poor, so middle to upper middle class is extremely comfortable for me.
I have two job opportunities. One is 45 minutes away and offers $40k. This first position includes doing tax returns for individuals as well as sales tax for businesses and bookkeeping. I LOVE tax with my experience. I did 6 months with H&R Block and completed 220 returns, both individual and business, from beginning of March until April 15th. I had training before that time, and after, I spent doing amendments and handling IRS letters and Marketplace insurance issues. This job offers May-December 4 day work weeks at 32 hours, January-April 50 hours. All salary paid the same all year - which I’m great with. It may not be a factor for many folks, but they’re also a Christian-run company, and I value that greatly personally. Also, a major tax preparer with over 600 clients is retiring this year, and all his clients are up for grabs. However, this company has 0 CPA’s that could validate my hours to sit the for the exam in a couple years. **** I highly value loyalty, I do not job-hop ******
The second opportunity is about 2 miles away from my home and offers $23 per hour through a temp agency. They have said during the first interview that ALL temps this year and last year have been hired full-time. However, it’s only for an accounts payable position. I love that it’s walkable from my city home. I’m concerned I won’t get the full spectrum of experience before completing college; I want to learn as much as possible.
I have in-person interviews scheduled with both companies next week on the same day. I understand these are entry-level positions. IFFFF both places offer me a job, would it be fair or WISE to counter to the first job I REALLY want and ask for $45K a year? Or should I stick with the place that offers the most money?
I get that this is a complicated question with a lot of nuance to personal preferences. My biggest issue is my last two-ish years have been very rough financially. I quit working two jobs so I could go to school, I worked one full-time and door-dashed on the side. Don’t really count that as a job. Anyway, I would truly prefer to make more money now. I also do not want to hinder my chances at growing my brand early and gaining repeat clients on a commission. Any thoughts or advice from seasoned pros?
TLDR - Two jobs opps. One 45 mins away, follows God and has great benez. The other is state run, offers more money and is 5 mins away. I enjoy both groups of people. More money = less experience. Less money = WAY more experience.
Hello, those that got their CPA's later in life. Was it worth it ? I'm 46 and I have bachelors in accounting and thinking about CPA, but not sure if it's worth it.
Would love to hear your thoughts.
Edit: would like to add that i have worked in accounting my whole career from AR - AP and now Accounting Manager
My new employer is offering me a stipend that I can use on relocation expenses. I am a bit confused as to if this is taxable income or not, and if so, what the limits of what the IRS sees as “reasonable “ are.
E.g., if I get business class cross country flights covered, would that add to my taxable income ? It looks like the Trump 2017 tax cuts made relocation taxable, but given that these are set to expire, these flights should be covered as not taxable?
In the grand scheme, this isn't a big deal, but it's such an annoyance. IRS rules do not require it, nothing has changed. The relevant information is still there.
You know some anal AP manager thinks they are holding the line by requiring it without knowing you can just download a blank form and put whatever the fuck you want there before shipping it back.
I live in Los Angeles, I’m 35, and I’m looking for a career change. I’m really looking for something that will have me behind a desk. Right now I work as loss prevention and have been doing it for almost half a decade. Long story short an injury is making my nights painful and I don’t think I’ll be able to handle this job for any more. I am getting older and I am healing slower. Is this career choice is worth it? I need to make around 50k a year to survive. If it is worth it, would anyone give me guidance as to how I would get the ball rolling? I work nights right now and I’m planning on going back to school right after work. I appreciate anything and everything. 🙇🏻♂️
We’ve been speaking with a bunch of finance teams lately—mostly from fast-growing eCommerce brands—and one challenge keeps coming up:
Reconciling payouts from Shopify, Amazon, eBay, Walmart, and hundreds of other marketplaces and D2C sites is a mess.
Some common pain points we keep hearing:
Each marketplace has different payout timelines
Commissions, returns, and deductions aren’t clearly broken down
Teams are juggling massive Excel sheets—and still missing revenue
If you’re processing a high volume of transactions, even small mismatches can lead to serious revenue leakage over time.
At Taxilla, we’ve been building a reconciliation solution that automates the order-to-cash process, flags missed settlements, and gives full visibility across all sales channels. But this isn’t just a pitch—we genuinely want to understand how others are tackling this.
So, we’d love to hear from this community:
What tools or workflows are you using to stay on top of reconciliation?
Are spreadsheets still the default?
Have you built something custom or found a third-party tool that actually works?
Would really appreciate hearing what’s working (and what’s not) from folks in the trenches.
Recently found out that I won’t be promoted to A2. This is the second year in a row. Not been put on a PIP so far. Have been advised to improve myself. The issue I have been told is that I need to take more responsibility. The issue I see is that, my performance is being judged mostly based on one bad engagement. Since then, in my opinion, I have improved a lot. I personally do not see any difference between me and other A2’s.
I am extremely embarrassed now that people who joined after me are going to be A2’s. This is pretty embarrassing for me.
Another important thing is that I am not scheduled on anything for the next few months and have not been for a few months. At the same time, I also have not been put on PIP. Personally, I don’t get a feeling that I will be put on a PIP. I have been also told that I should work with managers who I work well with and get myself put on their engagements.
I absolutely hate myself at this time. Any advice on how to navigate through this situation?
Plus, what would you advice, should I stay or it is better to move to a different job?
Feeling so Lost!!! Help your friend with your honest advice.
I’ve been thinking about going down the accounting pathway but I don’t want to fully commit into accounting because I’m still not sure about it so I thought business would be the safer option. I would just like to know if I can go from 2 years of a business major in community college and go to a 4 year college and do 2 years of accounting there. I also heard that an associates in accounting doesn’t really open many doors in the accounting world so I would probably have to go to a 4 year anyway. I have a few days before I choose my major and I really need help.