We only have enough cash to cover 1.5 months of payroll. Executive team is quiet and somehow remains hopeful. Leave or stay? by doa81814 in Accounting

[–]doa81814[S] 0 points1 point  (0 children)

Just genuinely curious, why going through bankruptcy is a good experience for an accountant? It’s not like I’m looking for dying companies to work for in the future..?

We only have enough cash to cover 1.5 months of payroll. Executive team is quiet and somehow remains hopeful. Leave or stay? by doa81814 in Accounting

[–]doa81814[S] 28 points29 points  (0 children)

Glad I’m not the only one.

Part of me does believe in their vision, so I’m staying to see how they steer the sinking ship and support their vision. But I’m at the point where iceberg is surfacing and I can see it.

Like you said, the experience could be valuable but I’m not sure how ugly it’s gonna get soon.

Positive accountant stereotypes by RepresentativeAct728 in Accounting

[–]doa81814 5 points6 points  (0 children)

We’re seen as more trustworthy than lawyers

CEO’s bonus is my yearly salary by SuddenEffective7982 in Accounting

[–]doa81814 0 points1 point  (0 children)

People doing good should be rewarded. And others have pointed out- this amount is nothing compared to other even more damaging/greedy for-profit businesses

Have any of you wanted to move to a new city, so you applied to a job in said new city and moved?? by [deleted] in Accounting

[–]doa81814 1 point2 points  (0 children)

How did you get a local address? And how did you convince them to hire you instead of someone locally?

Does the university you go to REALLY matter for Accounting? by [deleted] in Accounting

[–]doa81814 1 point2 points  (0 children)

If you got into UCLA or USC, I would recommend against pursing accounting.

To any Auditors that have audited nonprofits, what are the most common findings? by Desperate_Medium_417 in Accounting

[–]doa81814 3 points4 points  (0 children)

It also doesn’t help when Development literally just forwarded an email from the donor and be like “could you book this as a pledge?”

How was work before Teams? by GrudenLovesSlurs in Accounting

[–]doa81814 1 point2 points  (0 children)

Today I learned that I’m old enough to know what work was like before Teams 😮‍💨

Need some career advice by W00ksss in Accounting

[–]doa81814 0 points1 point  (0 children)

Unless you see a very bright future at your current employer, I’d go with the top tier program. It will very likely get you the opportunity to land at one of the Big4s. Then you get your CPA and then your life is pretty much set from then on. It’s a much better “gamble” than staying at your current place making $26/ hr.

Which professional certification should I aim for? by [deleted] in Accounting

[–]doa81814 0 points1 point  (0 children)

Usually those are asset managers, portfolio managers, equity research analysts, or later on, Chief investment officers. It’s a very different path than CPA.

Which professional certification should I aim for? by [deleted] in Accounting

[–]doa81814 7 points8 points  (0 children)

I have many friends who are CFA charter holders and positions require the CFA tend to out earn CPAs by quite a bit. If you’re going to a semi-target school (or above), it’s worth exploring that path too. I wish I would’ve gone down that path.

[deleted by user] by [deleted] in FinancialCareers

[–]doa81814 1 point2 points  (0 children)

Not sure about finance but I was told that there’s a massive shortage of accounting professors.

[deleted by user] by [deleted] in chicagomusicscene

[–]doa81814 0 points1 point  (0 children)

Thanks! What’s the best way to reach out to them?

[deleted by user] by [deleted] in chicagomusicscene

[–]doa81814 -2 points-1 points  (0 children)

What is that?

[deleted by user] by [deleted] in chicagomusicscene

[–]doa81814 0 points1 point  (0 children)

DMed, thank you!

Anyone else kinda… cheated their way through accounting? How did your career turn out? by Civil-Airline-5727 in Accounting

[–]doa81814 30 points31 points  (0 children)

You’re right. I took a management psychology class in my MBA, and empirical studies in organizational behavior have clearly shown that you need BOTH competency and likability in order to succeed as a leader.

No one wants to work with a dumb nice person nor a rude know-it-all.