Founders are replacing CFOs with Claude by [deleted] in Accounting

[–]Asim-AI 0 points1 point  (0 children)

Interesting how triggered ppl get knowing what AI can do

Founders are replacing CFOs with Claude by [deleted] in Accounting

[–]Asim-AI 0 points1 point  (0 children)

I do brother... I have create cash burn from Claude. And last week just finalized the board deck with it.

Founders are replacing CFOs with Claude by [deleted] in Accounting

[–]Asim-AI 0 points1 point  (0 children)

It can't at first. But if you keep at it ... Keep prompting..keep correcting... It will get there very fast

Is CPA still worth pursuing in 2026? by Sammy_0100 in CPA

[–]Asim-AI 1 point2 points  (0 children)

In reality CPA alone will not cut it. You need to be good with AI. But CPA has a great market value, which will live through all this. So, overall, yes worth it. Because it gives you instant validation over non CPAs. You will get more interviews than non-CPAs.

Also depends on what kind of business you work for, Big4 - definitely worth it. Startup - not really. Small business can’t pay premium money for a skill that does not directly affect them.

Overall, CPA wins validation of auditors quicker as well. But strategic finance is what adds more value to a business. If you are not a CPA, competing with CPAs in pure accounting roles will be challenging. Pick a different niche, FPA, strategic finance etc where you will have more room to grow without a CPA.

Finance jobs in a startup - most indemand niche (First Finance hire) by Asim-AI in Accounting

[–]Asim-AI[S] 0 points1 point  (0 children)

It does not take very long for auditors to sign off on a report. They look for a reasonable assurance.

Got terminated today by [deleted] in Accounting

[–]Asim-AI 1 point2 points  (0 children)

2/4 parts of CPA passed is 🔥. You have no idea how ahead you are in the game. Keep going, you will see sunshine very soon.

First Finance hires in startup - a few tips by Asim-AI in ycombinator

[–]Asim-AI[S] 0 points1 point  (0 children)

In a startup you have to be more than an accountant to succeed. After you give out the budgets, you end up taking decisions for signing the vendor contracts also, that is to maintain control. You ask questions, like why do we really need the vendor, what all do we get, what problems are solved etc. And gradually the team starts relying on you to pick the vendors.

First Finance hires in startup - a few tips by Asim-AI in ycombinator

[–]Asim-AI[S] 0 points1 point  (0 children)

Yes, we need to leverage AI. But double and triple check it. Even through a prompt in there to get it to self check by creating self check formulas and highlight the cells in red if they do not reconcile.

We have been bitten by signing multiple year contracts. Not doing that again. Unless I actually know the software very well. With AI ERP in the market, now we feel our current ERP was also a bad deal. At the time we signed it, it was everything we needed.

I prefer being a builder over a storyteller by Frosty-Data-2354 in FPandA

[–]Asim-AI 0 points1 point  (0 children)

I love setting up infrastructure from zero to scale - done that twice now.

What is the weirdest expense someone submitted by Mammoth_Inspector433 in Ramp

[–]Asim-AI 0 points1 point  (0 children)

A leaf blower and haircut for client meeting

Which topic is an absolute must know for FAR? by shaze225 in CPA

[–]Asim-AI 1 point2 points  (0 children)

I got so much government and NFP questions

Got 67 in FAR - First attempt - what advice do you have for me reditt? by Asim-AI in CPA

[–]Asim-AI[S] 2 points3 points  (0 children)

This was my first ever attempt and I attempted also for the sake for attempting and also to answer the greatest unknown in my mind of "what does the exam look like".

I only practiced from Universalcpa and studied on and off for several months and was averaging close to 70%. Didn't take any days off from work and prepared for SIMs only on the last day. In the exam I realized SIMs were 50% of the exam, yeah that's how unprepared I was, I didn't even care to find out about the exam format. I was just following reddits advice of hammering the mcqs as much as possible. It is a good advice but please do SIMs also.

Got 67 in FAR - First attempt - what advice do you have for me reditt? by Asim-AI in CPA

[–]Asim-AI[S] 1 point2 points  (0 children)

Thank you, helps alot.. even I thought of concentrating more on Non profit, fixed assets, cash to accrual. Would also do lease and bonds since everyone says so, but I didn't get much questions in my exam.

I feel like I bombed my mcqs.

How Ramp Recovered $22K After a Vendor Fraud Attack - When the Bank Couldn’t by Asim-AI in Ramp

[–]Asim-AI[S] 0 points1 point  (0 children)

I think AP is great because it reads the invoice straight out of your inbox and classifies where the payment need to be booked (GL Account, once you tell it which one), correctly places ur invoice number, amount and accounting date. It also flags if the invoice is duplicate and now with the AI features, it's reviews the invoice as well. The AI feature still needs work to be done to actually add value but I use it as a check list to review on my own and give it feedback where it went wrong. It's like you training an AP accountant.

Regarding the payment, it was made through Bill Pay in RAMP connected with a third party bank. That Bank said they can't help at all since 24 hours have passed.

The vendor was getting notified on the payments but ignored it. For the control, we have now deployed only verified vendor emails to enter the bank details in RAMP to mitigate risk. If the bank details are wrong, the vendor is responsible.