Career/Life Advice

  • This topic has 25 replies, 9 voices, and was last updated 6 years ago by Anonymous.
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  • #1749141
    bwknight
    Participant

    This may be way off topic but here goes anyway.

    I’m about to graduate with a MACC. Studying for CPA but broke as a joke right now. I’m feeling really down about the future.

    I have worked for a company I was uneasy about the hidden charges and questionable billing.

    I worked for a company that treated employees like disposable objects. I know that we are all essentially replaceable but no need to remind us that we can be outsourced. If someone did lose his job, there was absolutely nothing I could do. The line is always “the policy of the company is….”. We were hourly workers but we had metrics that were almost impossible to do consistently.

    Every once in a while some person we never heard of would send an email telling us that our numbers are this. But no advice on how to improve. Only to improve or find the door.

    Will accounting jobs be like this as well? Will I be expected to reach unattainable goals?

    Do you think technology is going to make cpa’s obsolete in the near future?

    How do I succeed in the mean time? I feel like i don’t know anything about accounting and I worked my but off studying and working full time.

    I feel like we are all expected to achieve at some extremely high Michael Jordan-like level.

Viewing 15 replies - 1 through 15 (of 25 total)
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  • #1749176
    aaronmo
    Participant

    CPAs will likely be safer than other accountants, and most other positions. The job requires judgement…and when there's a license/judgement involved, there are still human beings in the process. I think bookkeepers and clerks are in trouble. All companies are different…I haven't experienced what you're talking about. I'd probably try and leave.

    AUD - 96
    BEC - 84
    FAR - 89
    REG - 86
    Aaron and always remember, YMMV

    I profit from your CPE frustration. You're welcome.

    #1749245
    Tncincy
    Participant

    Anytime you have an ultimatum such as “improve or find the door” this is not a good work environment. If you have to be threatened to keep a job, that's not a good work environment either. Don't sound like you're too comfortable with their style, I agree: you might want to do what you did when you came there, start looking for a real CPA job, with real CPA expectations. This kind of spirit keeps you on pins and needles waiting to be walked out, or asked out of the company. I am getting aggravated thinking about it. Find you a job.

    It begins with a 75
    Been here too long as a cheerleader.....time to pass

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #1749293
    Becca
    Participant

    No, not all jobs are like that – that sounds like an awful environment. Personally, I would find another job. But I also know that’s easier said than done, especially depending on your situation and your location. If you’re able to find something else, just remember that you may start at the bottom; but if you’re competent, you will likely promote quickly. In my 4 years of being in the accounting profession with 2 different employers, I started as a receptionist, then AP Clerk, Accounting Clerk, Accounting Associate, and now I’m a Staff Accountant pursuing my MAcc and CPA. My journey began in the fall of 2014.

    I’m sure you know plenty about accounting, but you’re jerk employers are causing self-doubt. You should get out of there.

    And I don’t believe technology is going to make CPAs obsolete anytime soon. Regardless, I would rather obtain my CPA now and have it, than not pursue it for fear that my profession would become obsolete. I think it’s better to have it and not need it, than need it and not have it.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - 63
    REG - 81
    You only fail if you quit
    #1749411
    Nate
    Participant

    I've been in similar environments to you, and most CPA jobs are good, but there's still those firms that do the famous “turn and burn” to employees, hire them and promise a bonus in a year, then fire them at 11 months after working them 70+ hours a week. That happened to me actually, before I ended up at the firm now which I love. The good news is, at least in my state, recruiters know the reputation of firms and companies well, so definitely find a local recruiting agency and tell them about your experience and what you want. Even if they don't line you up with interviews, you can call them and say ” I have an interview with ABC company, have you heard anything about them?” And most of them will tell you if they know of them, and if so, what they've heard, good or bad. Sure there will be a few recruiters who just want to use you to make money, so every company according to them will be bad unless they set you up with the interview. Use your judgement and distinguish between those recruiters and the good ones. Most recruiters, as long as you're nice and display passion, will want you to get a good job/career, regardless if they help you or not, plus recruiters love to maintain relationships with you after you found a good job, so you can refer people to them. Even though my current job I found on my own, I still keep in touch with 4 different recruiters through email and LinkedIn, and you never know when that will come in handy (plus I refer people to them, which means if I ever do need their help, they'll be must more likely to help me quicker). I say, find some good local recruiters, they'll always love to have you in their office and talk about your passions and what you want.

    As for your experience, don't give up on what you want. My journey to becoming a CPA has been very rocky. I worked full time during undergrad because that's the only way I could afford school. I quit my job to go to the MAcc program at my school, but I didn't get an offer from a firm because I was different. CPA firms too often want the same thing, the same aged student who talks the same as all the other MAcc students, and that wasn't me. I had to go from crappy job to crappy job, being fired a few times by people who literally didn't know a debit from a credit, yet somehow became accounting managers. I was at companies with people who thought accounting was something that housewives do using a checkbook, and scoffed at me trying to warn them that it'd be a good idea to give internal controls a try, and to not have a random plug account for any variance they find which ended up being far larger than any other balance, and then was prorated through other B/S accounts, including cash. My family urged me to stop trying to go for public accounting, but I didn't give up, and through an internship (where everyone was younger than me), and other risky moves (including moving cities and becoming temporarily homeless), I found my way to where I am now, one exam away from passing all the CPA exams and working for a firm who supports me and wants me to be a partner someday. It seemed like this would never happen, but taking a risk eventually changed my life for me. I also am Christian, so my faith also got me through the process, but that isn't for everyone, so I'll restrain from posting about that too much. But, I just wanted to encourage you, the present may seem bleak, but don't give up, don't stop trying, and don't be afraid to go for what you want, even if others try to stop you. I know that if you truly want to become a CPA, then you will become a great CPA someday. You can do this, if I can get to where I'm at, then you can definitely become a CPA someday if that's what you want!

    AUD: 54 (10/31/15); 83 (12/02/17)
    BEC: 70 (01/31/16); 90 (07/02/17)
    FAR: 73 (10/03/15); 88 (02/17/18)
    REG: 83 (06/09/18)
    AICPA Ethics: 91 (06/28/18)
    Licensed: 08/16/18
    #1749452
    Ne’O
    Participant

    Bookkeepers and accountants will be consolidated by technology. Increasingly called Assistants to CPAs, they will not see much wage growth.
    Those with considerable computer n programming skills will fair best.

    From a regulatory point of view, many many companies will want or need a CPA on staff. Whether as CFO, COO, or other depends on the company.
    Basically, you are the human that signs off on everything. My godfather sold out of the regional firm that still has his name on it. He amuses himself in
    retirement as being a CFO for hire by small to mid firms in the area. As long as supply remains as controlled as it has been the last 10-15 years, there
    will be demand for CPAs until Congress says that everybody can take the robots word for it.

    Ne'O

    -Yes it's Ne'O.

    AUD:  72, 89

    FAR:  71, 80

    BEC:  83

    REG: 82

    Newbie CPA Candidate

    #1749561
    Adam
    Participant

    @ NAte

    We have a somewhat similar path, I got screwed over at the first Firm I started with, moved to chicago for and thrown out end of jan for no reason only to be now stuck in a downward spiral of small firms whose work is less then stellar. The last place (Place 3) I was at was made up of EA's, who didnt know there debits and credits, housewives and other cheap help the scumbag owner could hire to do data entry whether correct or not..who care as he'll just lie to the auditors when they get audited anyways. Needless to say FBI investigations and an overall toxic environment I left ASAP to where I'm at now, which is for a tax attorney in downtown who overall is a great guy, however still no client accountability, and they dont even produce balance sheets for there clients SMH

    Luckily at my first firm Jeff that partner who trained me was a great guy and helped me significantly understand the importance of the Balance sheet and working from there. As it seems non CPA's just dont get it. The second place I worked at was small firm on the north side of Chicago, who lied to me about being a full time position in order for me to turn down 2 other better offers, and of course I did not want to continue the 2-3 commute each day in Chicago traffic so i accepted.

    Funny I'm a Christian too and refound the church after working in finance and seeing how the world really works(talking more Wall st and the Fed) and understanding that you may not be able to prove God exists but you can prove that pure evil certainly does with what some of these people do.

    My advice would be different though, I'd skip the CPA and go be an engineer or IT developer.

    #1749770
    Nate
    Participant

    @Adam

    I'm sorry to hear all of that, sounds like you've had your fair share of horrible work environments. How is place 4 treating you? Hopefully it's better than the first 3, it's hard to find a good fit, especially with how horrible so many bosses are these days.

    That's very true, it's funny how a lot of my atheist friends have an easier time believing in Satan than God, because like you they've experienced evil things and people in their lives.

    AUD: 54 (10/31/15); 83 (12/02/17)
    BEC: 70 (01/31/16); 90 (07/02/17)
    FAR: 73 (10/03/15); 88 (02/17/18)
    REG: 83 (06/09/18)
    AICPA Ethics: 91 (06/28/18)
    Licensed: 08/16/18
    #1750425
    Adam
    Participant

    Well place 4 just fired me and 3 other people yesterday lol…Ive learned never work for an attorney..I was told my skills were lacking, since I refused to make up 2106 expenses, inflate value on non cash donations, and deduct personal vacations and trips to cubs spring training…but oh well..I get unemployment I can enjoy my summer and find a good quality firm in the time off.

    #1750520
    Nate
    Participant

    I'm sorry to hear that Adam, that is very rough. I've been fired 3 times myself, they get easier each time I swear. But it's still never fun. But it shows, in this country we're in an era of Baby Boomers thinking that firing people is the ultimate way to display power, not saying all are like that, but it sounds like you've encountered a few like that. To those horrible bosses, I like to quote something my favorite TV character of all time said, Michael Scott, “Good managers don't fire people, they hire and inspire people,” If only more managers/bosses realized that truth. The movie Horrible Bosses is unfortunately too accurate.

    AUD: 54 (10/31/15); 83 (12/02/17)
    BEC: 70 (01/31/16); 90 (07/02/17)
    FAR: 73 (10/03/15); 88 (02/17/18)
    REG: 83 (06/09/18)
    AICPA Ethics: 91 (06/28/18)
    Licensed: 08/16/18
    #1750925
    bwknight
    Participant

    @Tncincy
    I don't like their style. Every other day we are reminded that automation and outsourcing is coming for us. Finding another job is easier said than done. I think

    #1750928
    bwknight
    Participant

    @Becca
    Do you like your current job? Do you feel the robot coming for you?

    #1750929
    bwknight
    Participant

    @Nate
    How do you find recruiters?

    How did you deal with being homeless? What did you do?

    To be honest. I have thought about getting a van or rv and selling all my stuff and saying screw everything. lol.

    I'm not religous but I know what you mean. People are messed up to each other. Part of my job is being unwillfully ignorant. They don't train us so we can be unhelpful and use that to get rid of us or as a reason to get rid of another worker. Some people are hired thru temp agencies and s-canned quickly. Some are classified as “indepedent contractors” aka employees with no benefits.

    It seems like the whole world is going to be “lean” and do “less with more” because people need jobs and the higher ups know this. They know people will step all over each other if told to do so for a paycheck.

    They changed the metrics at my current job as a veiled attempt to get rid of people. Either to force them to quit or as a reason to fire them. Because they can.

    I agree that companies would rather fire people. They have a ton of applications. People can be replaced with cheaper people. Remember Office Space. We will fire the hardest workers and replace them with temps or “contractors”. Sure the quality may suffer a little but customers have no other place to go, i.e., public school cafeterias.

    #1750932
    bwknight
    Participant

    @Ne’O
    From what I have seen. Every job seems like they will be reduced to contractors and benefits out the window.

    To be honest, who will be able to afford it when most jobs are automated? Or we all work in call centers.

    #1750934
    bwknight
    Participant



    @Adam

    Wow! Sorry man. At least you can get unemployment for a little bit.
    A little too late to start over as engineer or IT developer. They suffer the same stuff. Cutbacks, shrinking local economies, outsourcing and Amazon cutting prices and killing businesses.

    What will you do to find another job? Will you be ok in the mean time?

    #1750967
    Anonymous
    Inactive

    My advice is to go with your gut and do what will make you happy. Life's too short and unfortunately, there are many people in the accounting field that are out of there minds. Many don't have social/interpersonal skills and are workaholics and therefore cannot sympathize with others which can make them miserable to be around. I quit my job at public accounting after 3 months because it was a toxic environment and I hated it. Everyone called me nuts for quitting so soon and talked about all the great learning experience you get from public. I'd rather switch career fields than go back to public accounting. I'm not done with all 4 sections of the CPA and have 2 job offers with awesome companies, and one of the positions isn't even accounting related. Point is do what's best for you and don't worry about what others say and think. The accounting field is a screwed up profession when it comes to a lot of the people.

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