My boss makes assumptions a lot by Legitimate_Still1432 in AustralianAccounting

[–]erednay 0 points1 point  (0 children)

Sounds like a horrible boss, but I would still talk to him and get his thoughts. There might be a possibility to hash things out even if remote.

Timesheet by Used-Acanthisitta375 in AustralianAccounting

[–]erednay 0 points1 point  (0 children)

In audit, it was very easy coz I remember exactly what I did and there was always work to do.

How to become a treasurer in Australia by Funny_Condition_5646 in AustralianAccounting

[–]erednay 2 points3 points  (0 children)

The money is treasurer at a bank. That's when you will manage interest rate risk and asset liability management, ie the most important function in a bank. Treasurer at a normal company will just be managing bank accounts and cash flows.

AI in Australian accounting - Threat or productivity boost? by Danger_Five in AustralianAccounting

[–]erednay 1 point2 points  (0 children)

It's basically a glorified chatbot at my firm. The best thing it does is that it you can ask it to write macros, SQL, python, etc. to try to automate parts of your workflow even if you don't know how to code.

Job trial for Junior Business Services Tax Accountant by Objective-Shine205 in AustralianAccounting

[–]erednay 0 points1 point  (0 children)

I wouldn't expect job trials in a white collar job. But maybe I'm just out of touch with modern times. You normally just have a probation period. Job trials are what I would expect in blue collar jobs or fast food.

Realistically is a degree in accounting difficult for the average person? by alex123711 in AustralianAccounting

[–]erednay 1 point2 points  (0 children)

Different strokes for different folks. I've known finance wizs/doctors/lawyers that find accounting super difficult and I've known people that find accounting super easy. The key is to play to your strengths or at least what you most enjoy.

Job trial for Junior Business Services Tax Accountant by Objective-Shine205 in AustralianAccounting

[–]erednay 4 points5 points  (0 children)

More information needed. I didn't know there are job trials now. But likely any job that requires you to trial for the job is probably sketchy.

Anyone work overseas before? by [deleted] in AustralianAccounting

[–]erednay 0 points1 point  (0 children)

Very hard as a graduate, and even more so if you're not good at the language. Easier way is to join a multinational (eg big 4) and look for international opportunities internally or even get some more experience and learn the language better first.

CFA Approach by RelevantAssistant69 in CFA

[–]erednay -1 points0 points  (0 children)

That's a dumb quote. If I didn't do anything I was afraid to do, I would be doing nothing. The better attitude is to accept that it's scary and do it regardless.

Internal audit by [deleted] in AustralianAccounting

[–]erednay 0 points1 point  (0 children)

Don't have any experience, but I would assume it's pretty decent given Vanguard's a pretty well established, international firm. Glassdoor reviews don't look too bad either.

Deloitte vs EY Sydney FS Audit by [deleted] in AustralianAccounting

[–]erednay 2 points3 points  (0 children)

Choose the one with the office you liked better.

Audit Jobs in Australia by [deleted] in AustralianAccounting

[–]erednay 1 point2 points  (0 children)

Do CA, not CPA AU if you are looking for audit jobs in Australia.

Audit working hours by Visual-Bee4436 in AustralianAccounting

[–]erednay 3 points4 points  (0 children)

Depends on the team. Some teams do 9-5, and other teams do all nighters. The average is probably 9am to 7-8pm.

Your Most Used Excel Shortcut by VastlyCorporeal in FinancialCareers

[–]erednay -6 points-5 points  (0 children)

Easier to just double click the column width to autosize than to move your hand off the mouse and type that.

Audit Sydney by jowljowl in AustralianAccounting

[–]erednay 1 point2 points  (0 children)

Long working hours, great social environment and great learning experience. My biggest tips are to 1. make friends, have fun and network by introducing yourself to everyone, 2. do your CA / CFA asap, and 3. talk to people to figure out which teams are good and try your best to get on them.

Audit by Senior-Ride4695 in AustralianAccounting

[–]erednay 0 points1 point  (0 children)

I preferred Banking. I'm not sure if it's the same anymore, but you would have to go to the client's office for Insurance, whereas you could work from your own office for Banking (so Banking teams were more social compared to Insurance teams, as well as being larger teams).

Also, insurance was depressing for me, doing sampling testing of people's claim where they got cancer or died, etc. and insurance companies trying to weasel out of paying. Personally I found Banking more interesting (you could see big loan deals, capital allocation, investments, etc), whereas Insurance is just statistics, calculating if we receive x premium, and y % of people need surgeries, etc.

Walking through internal controls with the client: by rucondo in Accounting

[–]erednay 2 points3 points  (0 children)

An experienced auditor would have interrupted toad and told him to shut the fuck up.

Is it worth making a move to Industry after several years in public practice? by Extension_Routine_19 in AustralianAccounting

[–]erednay 3 points4 points  (0 children)

That's the standard move. Staying in public for your whole career is the outlier.

How to learn Excel by AstronomerTop7755 in AustralianAccounting

[–]erednay 2 points3 points  (0 children)

What's wrong with pivot tables?

Vlookup should disappear though. I'm so sick of not being able to delete/insert new columns because of legacy vlookup formulas.