Public accounting sucks

CPA, public accounting, public accounting downsides, public accounting sucks , quit public accounting, tax accounting, work-life balance Post navigation. Next Things I Don’t Know That I Know I Should Know. Short sighted vs long term.

I think I can add some perspective on this topic. I will first agree, public accounting sucks , and sucks hard. I remember my first tax return was a million dollar client with accrual to cash and M-1’s, and I had no idea wtf was going on.

Can you please give me some career advice. An over-acheiver with excellent grades and superior intellect is the type of person that is going to land in public accounting. Here are rules that will help you to not only. I look at the clock every couple of minutes or so counting down the time until I can leave. I do that every single day, it is like being in purgatory.

I’m a CPA with a Master’s degree in accounting. And I’m truly glad that I understand how to read financial statements, prepare a tax return, and manage and invest my own money. I’m even more glad that I don’t work in public accounting anymore.

Because sometimes, public accounting sucks.

And rarely does it suck more than during the summer busy season, when the rest of the adult world is basking in beach days and happy hours and you’re stuck cranking out hour work weeks in advance of the extended due dates for tax returns. And you would be right (except for you, BDO). Not all public accounting firms are the same, of course. And not all jobs within the public accounting arena are the same. No duh) I worked in a large regional firm in tax in Philadelphia, and then a small local firm, and now as controller for a small non-profit.

My favorite job is the small local public accounting firm situation. Wow – an accounting firm that’s frequently and consistently giving me information that helps me live a better life. Anyway, I wish I were a partner. Cumulatively, I have about the same amount of experience in public accounting as you have, although I was out of the job market for a long time against my will and have only recently gotten back into it. I was only in public practice for a year before I began to realize how broken the model was.

It was ridiculously stressful on employees, partners and even clients. And the root causes: busy season and annual accounting. This video is unavailable.

Whether you’re a new graduate or looking to change gears in your career, you’ve likely considered the choice: Public accounting or private accounting? Please tell me your experiences! My accounting degree has allowed me to change careers several times and that alone is worth the price I paid for college. Tearing your head over you accounting class?

Absolutely hate Accounting ? Why Value Investing Sucks.

Rants and thoughts welcome here :) ! See more of Accounting sucks ! What would be the best way to start my career then? There is a good amount of travel, frequently periods of long hours including “busy season” which can be more than once a year. If you’re still in the process of trying to get an job a Big job, check out the KPMG, EY, PWC , and Deloitte Interview Question and answer guide. Create a Joomla website with Joomla Templates.

These Joomla Themes are reviewed and tested for optimal performance. Accounting is such a wide fiel and my experience cannot possibly cover the other parts that I have no experience in. But let me tell you my story anyway.

I did a Master in Professional Accounting. Public vs Industry Accounting. The truth is… it depends.

Also the billable hours structure sucks , if you get a bunch of shitty files with incompetent bookkeepers then you always have a terrible write off.