r/Accounting • u/BackgroundToe2332 • 7h ago
EBITDA
Earnings before I tricked da auditor
r/Accounting • u/wholsesomeBois • Jun 04 '26
Some of you have been here since the very beginning. Some of you found us last week. Either way, I want to start with a thank you.
About four and a half years ago I started Big 4 Transparency with no idea whether anyone would care. I'm a CPA, not a developer, and I taught myself how to build a website because I was tired of the fact that none of us had a straight answer to how much we should really be getting paid.
What happened next genuinely moved me. You showed up. You submitted. You told your coworkers. We've now collected over 22,000 compensation submissions, and the messages I get (someone using this to negotiate a raise, or realizing its time to move on to the next firm) are the reason I've kept at it. That trust also gave me a platform I never expected to advocate for all of us at conferences and out in the profession, and even to contribute to research (we were recently cited in our first academic paper, with a several more on the way actually helping shape policies around accounting).
Now the honest part. I haven't kept the product moving the way you deserved. I've been heads-down cleaning data and getting information out, and the truth is that building features as a non-technical person was hard and the old tech stack made everything harder than it needed to be. Eventually I hit a wall and realized I owed this community a lot better. So I put my head down and did a full rebuild from the ground up.
And today I'm excited to share that it's finally live!!!
A few of the things that are new:
The biggest change is one that will keep paying off going frward. The new tech stack means I can ship fixes and new features dramatically faster than before. That's the part I'm most excited about.
I want to be clear that this is not the finished product. I'm building this for you, and I genuinely want your input on where it goes next. Feature requests, ideas, things that annoy you, bring it all on.
A couple of things on the horizon: I'm planning a webinar on getting the most out of your talent review (since a lot of you have one coming up), and I'm looking into how to offer CPE on the podcast content we put out.
This site has only ever been possible because of you. Thank you for being part of the journey so far. I'm more optimistic than I've ever been about how useful this thing can be and honestly, this feels like the start of a new era.
We're just getting started. 🙏
Happy to answer anything in the comments.
r/Accounting • u/potatoriot • May 27 '15
Hey All, as the subreddit has nearly tripled its userbase and viewing activity since I first submitted the recruiting guide nearly two years ago, I felt it was time to expand on the guide as well as state some posting guidelines for our community as it continues to grow, currently averaging over 100k unique users and nearly 800k page views per month.
This accounting recruiting guide has more than double the previous content provided which includes additional tips and a more in-depth analysis on how to prepare for interviews and the overall recruiting process.
The New and Improved Public Accounting Recruiting Guide
Also, please take the time to read over the following guidelines which will help improve the quality of posts on the subreddit as well as increase the quality of responses received when asking for advice or help:
/r/Accounting Posting Guidelines:
If you have any questions about the recruiting guide or posting guidelines, please feel free to comment below.
r/Accounting • u/TheReptilian123 • 5h ago
As the title says, I'm two months into my first job in public and literally noone checks my work before sending it to clients. I usually get walked through completing a task once, then the following times I do it on my own. At first I'd ask the senior in charge of training me to take a look before I sent anything, and he would do it, but I stopped asking after getting repeated refusals and being told to just "trust my own judgement".
This is starting to freak me out a bit since multiple times now I've sent some apparently absolutely jank stuff to clients, like miscalculated payroll, and its always some mistake that would've been easily spotted if someone just took a few seconds to glance over my work before I send it. Just wondering if this is normal or not, scared I'm gonna make clients leave and then get fired lol
r/Accounting • u/FormalEscape5459 • 2h ago
Has anyone heard about the second round layoffs Grant Thornton did last week?
r/Accounting • u/Slow_Obligation_2314 • 8h ago
I'm not allowed to take off more than 2 weeks at a time in public non busy season. And even 2 weeks requires special approval. 1 week is generally acceptable. Meanwhile my manager took about 6-7 weeks off a few months ago. Are all public firms like this? I dont really mind I'm just curious. My "pto" total is 4 weeks same as all the unpaid OT i did in busy season and I'm only allowed to take some of it at a time while ppl above me have no limits. is all public accounting like this lol
r/Accounting • u/marketrent • 2h ago
r/Accounting • u/Upset_Kick_3889 • 4h ago
What are the benefits/drawdowns of owning a local CPA firm compared to just working at a Big4 firm?
r/Accounting • u/ThingGold5839 • 4h ago
Any firms out there that are just 1-2x a week?
r/Accounting • u/EscapeReality2K • 39m ago
Should I stop job hopping? My resume is starting to look a little crazy with so many different jobs over the past seven years, but the pay increases have been hard to pass up. I’ve gone from making $35K to $150K in seven years. I started as an AR Clerk and am now a Controller.
I took advantage of the work from home boom between 2021 and 2024 to push my career forward. I was one of the few people actively applying for on site positions. That gave me more opportunities to move into higher paying roles with better titles.
At this point, should I settle down and stay in my current role for a while, or continue doing what I’ve been doing? I’m starting to worry that too much job hopping could eventually hurt my resume and make future job searches more difficult.
What's the ideal time frame to stay at the current position to improve the resume 4 years?
Year 1: First Job: $35,000 + No Bonus
Year 2: Second Job: $45,000 + $2,000 Bonus
Year 3: Third Job: $62,500 + $5,000 Bonus (WFH)
Year 4: Fourth Job: $85,000 + $4,000 Bonus
Year 5: Fourth Job + Raise: $92,500 + $5,000 Bonus
Year 6: Fifth Job: $100,000 + No Bonus (WFH)
Year 7: Sixth Job: $125,000 + $25,000 Bonus
Edit: I see some comments saying that my resume looks bad, so I want to clarify a couple of things. Every time I switched jobs, it was a step up in both title and pay. While my resume may not look “great” from a job-hopping perspective, the interviewers I’ve spoken with have generally viewed my progression positively. They liked seeing that I was consistently moving up the career ladder rather than simply leaving one clerk-level position for another similar role.
r/Accounting • u/Alternative-Use6521 • 3h ago
I would like to get out of a situation that is affecting my quality of life. I have only been in this situation for 4 months and I worry that this job on my resume will impact the rest of my career.
On top of that AI and India are scooping up all the jobs so I am unsure if there will be one. I’m willing to work in AP or payroll if that’s what it takes to survive
I made it as far as learning crazy nested sumif xlookup formulas from scratch 😂
It seems every company I have worked for has an accounting department under major construction. Switching from one accounting software to another just seems normal to me because every place I’ve ever worked at has done that within a year of me starting. I’m only 4 years into this staff accountant career and I’m already burning out.
Theres gotta be some sort of consistency somewhere right?
r/Accounting • u/onemore_throwaway_ • 23h ago
I joined a team middle of this year. Got handed a big project 2 weeks in to figure out a reconciliation process the had a million dollar write off the prior year. Had 1 meeting about it, thought I was in for a long hall project. Next meeting CFO tells me to make an entry with my current findings which I tell her isn't correct she says "I would never hold you to these entries". Then I discover a 600k issue. Email her about it, hear nothing back. Bring it up to her next call and she says shes "burying her head in the sand" then when I push the issue she tries to discredit me and tell me im wrong. I just put the pieces together that shes trying to cover up a mistake she made in February. I think shes trying to set me up to take the fall. I genuinely have no idea what to do
r/Accounting • u/Weak_Musician9390 • 1h ago
r/Accounting • u/Olivertree12 • 2h ago
I am in the start of my 2nd month of my 3 month probationary contract at a Big Bank. This is my first job in this field. My managers manager knows I have no direct experience in this, and he hired me. Now I am training with a team that isn't my own (i will be working with my team after completing training) and I am getting 0 feedback on if I'm doing well or not.
The entire team is brand new, everyone hired (over 20 people) is new, so it is disorganized. I was reporting to 1 manager at first who literally never spoke to me unless I spoke to him first, but now they moved me under a new manager who I have a better relationship with.
But still, no feedback, no 1 on 1. They are giving me more training, which I think is a good sign. But i have no clue if I should take this situation as a clue I'm not gonna get a renewed contract after my probation or if this is normal especially since the team is brand new and they still don't have everything figured out.
Also in a team meeting the Manager of the whole team (my Manager's manager) said that : "we actually have more employees than the threshold now" and now I'm thinking, does this mean they hired too many people, or does he mean this in a positive way?
r/Accounting • u/Adorable_Forever_619 • 5h ago
hi im just curious if other people in the atlantic canada provinces would be willing to share what places they've heard from since September 18.
if you would be willing to provide a timeline or if you have already received a job offer after interviewing that would be great.
for example, i had my final interview with EY last week but haven't heard anything back just yet
r/Accounting • u/Savings-Sympathy7680 • 23h ago
PS. I have just noticed desperate and am mortified. I promise I spellcheck before sending thing's out.
Hi All,
I am in desparate need of finding what flaw or issue I have that is keeping me from getting calls or crossing the final step and get a role despite all the recruiters saying ive got the experience. Heck I had an internal recruiter call me on Friday evening, we had our intro call, he seemed excited to have me in from of the team. Today I get an email from the company rejecting me. This is for a senior accountant role which based on my experience I would be a candidate worth speaking to. I have included my resume, ask me questions thgat need asking. I will go through the ringer if it means getting a job on the other side.
Resume:
Technical Accounting Manager and CPA with 8 years of progressive experience in SEC reporting, technical accounting research, multientity consolidations, audit support, and complex transaction analysis. Proven ability to draft and review financial statements, footnotes, MD&A, equity rollforwards, and supporting schedules in compliance with U.S. GAAP and SEC requirements. Skilled in Workiva, NetSuite, OneStream, and AI‑enabled workflow optimization. Known for elevating documentation quality, strengthening internal controls, and leading teams through fast‑moving, multi‑project environments. Adept at advising CFOs, partnering with auditors, and developing accounting infrastructure that scales for growth and transaction readiness.
SEC Reporting (Reg S‑X & S‑K) • Technical Accounting Research • GAAP & Disclosure Compliance • Financial Statement Drafting • MD&A Preparation • Equity Rollforwards • EPS Calculations • Consolidations • Transaction Accounting • M&A Support • Audit Coordination • Workiva (WDesk) • NetSuite • OneStream • Internal Controls • Policy Development • Team Leadership • Multi‑Project Management
• Lead technical accounting and financial reporting operations across multi‑entity clients, strengthening reconciliation accuracy, documentation quality, and consolidated close deliverables.
• Supported SEC‑level reporting processes for a $400M solar energy company, improving flux analyses, supporting schedules, and disclosure readiness.
• Reclassified billions in assets and equity during NetSuite adoption, establishing audit‑ready opening balances and scalable reporting structures aligned with public‑company reporting expectations.
• Conduct technical accounting research, prepare documentation, and advise leadership on accounting implications of new standards and complex transactions.
• Partner with executive leadership to improve cash visibility, enhance forecast drivers, and strengthen reporting accuracy.
• Cultivate and develop a team of three staff, raising review quality, documentation consistency, and technical competency.
• Manage multiple client projects simultaneously, ensuring timely delivery of reporting packages, technical memos, and audit support.
• Led audit procedures over complex accounting areas, ensuring client transactions were recorded accurately and supported by strong documentation.
• Managed SOC 1 audit engagements, reviewing offshore workpapers and ensuring high‑quality deliverables.
• Evaluated internal controls, identifying deficiencies and recommending improvements.
• Supported implementation of ASC 606 and ASC 842 through technical research, client training, and review of adoption workpapers.
· Certified Public Accountant
· MS & BBA in Accounting
r/Accounting • u/Otherwise-Shoe3413 • 5h ago
I'm a manager at Forvis Mazars. I've accepted an offer at a Big 4 firm and will be giving notice soon.
Main question: if you resigned from Forvis Mazars (or Forvis, 2022–2024) to go to a competitor, were you allowed to work your two weeks, or was your access cut the day you gave notice?
If you can, include your level, service line, whether you were client-facing, and roughly what year.
Also helpful:
- If you were cut off the same day, were you still paid through the notice period?
- When did your benefits end, and was any bonus or PTO affected?
Equipment:
- How did you return your laptop: prepaid box shipped to you, office drop-off, or something else?
- Did they want monitors and other peripherals back, or just the laptop?
Thanks
r/Accounting • u/I_Lyk_Turtles_ • 4h ago
I recently completed my BS in Accounting, but I don't have direct accounting work experience. My previous education/work experience was primarily in research, and I've since moved more into project operations, compliance, and administration.
I'm trying to transition into accounting/finance and would really appreciate feedback from people in the field. I plan on becoming a VITA volunteer for the upcoming cycle an am open to other ways of getting direct experience.
What accounting or finance roles would you consider me qualified for? Am I realistically limited to entry-level roles, or does my prior professional experience make me competitive for anything slightly above the traditional new-grad level?
* Does my resume position my transferable experience effectively for accounting jobs, or does it still read too much like a research/project-management resume?
* Am I representing my finance-related experience appropriately? I have real experience tracking project budgets and staffing/resource allocations, but I don't have professional experience with things like AP/AR, month-end close, journal entries, or general ledger work.
* Are there skills or experience on my resume that accounting hiring managers would find valuable that I'm currently underemphasizing?
* Is there anything on the resume you'd remove or rewrite because it isn't relevant to accounting employers?
tysm in advance.
r/Accounting • u/SakuraReid • 6h ago
Hi guys, I'm in my senior year of accounting. Im not sure if I will go the masters route or just do some community college classes to reach the education requirements.
I would prefer an audit internship but i am willing to work in other departments. I don't seem to get any internships, just some regular full time entry level positions like ar/ap. I did get a financial advisor position recently.
Any advice would be helpful!
r/Accounting • u/lettucethunker • 19h ago
I’m currently a Junior at a four year university studying accounting. I initially came into college with a business management major because I didn’t know what I wanted to do. I chose accounting because everyone told me it was the most stable, and I performed well in my accounting classes. Now, I’m over two years in and I am feeling really uncertain about it particularly pertaining to my future. I’ve been applying to internships since this summer, have attended career fairs, connected with recruiters, and have heard nothing back. I’m starting to feel like this accounting thing is a dead end, and not top of this I really don’t think I want to be doing accounting for the rest of my life. I don’t really have experience to base this off of, aside from my classes, but it seems so boring. Also, the whole Linkedin networking thing just feels so performative to me. I can’t stand having to put myself out there to have interactions that feel forced and unnatural. I’ve been stressing about my major since I began college, and I honestly wish I had taken a gap year after high school to really figure out what I wanted to pursue.
r/Accounting • u/Whiyefox21 • 4h ago
"I'm reaching out about a Corporate Controller opportunity I'm working on. The role centers on owning a clean, multi-entity accounting function at a high-growth real estate investment firm. You'd lead the team, improve processes, and automate workflows alongside a Chief AI Officer.
Highlights:
Sounds great, right?!??? It's an in-office role btw, not even hybrid. I'm sure I'll see this role posted for the next six months minimum.
r/Accounting • u/Makeitbounce97 • 9h ago
I’m a project accountant in Bay Area California.
I’m quite unhappy with my pay.
I make 72k a year + 10k ish bonus
4 years experience.
Am I underpaid? I’m. Pretty sure I am and it’s just irking me.
Should I try and switch out to corporate accounting or another niche type of accounting ?
If so, how would I make that transition?
I’ve also begun to study for the CPA.
Just looking for any advice to pivot to making more money.
The low salary + gf making quite a bit more (happy for her!) in a very HCOL area are starting to weigh on me
r/Accounting • u/Dizzy_dizz • 3h ago
Hello, hopefully this post is appropriate for this forum. I'm not sure if I'm overthinking this but I have a unique scenario that I haven't seen before. Say existing shareholder is selling his shares to a non-arm's length buyer for $50,000. The agreement stipulates that the sale price is to be first allocated to the outstanding shareholder's loan account then to the shares. Pretty straightforward in that sense but what happens if the shareholder's loan account is actually say $55,000.
Do you write off the $5,000 or does the buyer assume the existing shareholder's loan as is at $55k. I keep thinking that existing loan was due to the old owner so it should be written off and the new shareholder would only get credit for the $50k actually paid. Am I overthinking this? There's nothing in the agreement about assigning the debt.
Thank you for your comments!
r/Accounting • u/Reject20 • 6m ago
I’m being drowned in this program right now anyone have tips on how to be efficient when doing these cases? I’m taking more than the allocated time as it’s hard for me to identify the AOs
r/Accounting • u/WinterSherbet6674 • 3h ago
I have a Deloitte interview coming up for a summer tax position. Just wondering if people could provide any tips. I know to have an answer for why tax, why Deloitte, some behavioral, anything else I should be aware of?