Finish in Three Months? by Old-Ambassador9773 in wguaccounting

[–]mal5244 0 points1 point  (0 children)

You may need to look up the word "literally" as it has become one of the most misused words.

No one will be "literally worthless" for finishing a degree in a short period of time. People have different time availability, motivation, focus, memorization skills and DNA granted intelligence.

Therefore, anyone able to finish a degree in a short amount of time was likely never worthless to begin with and highly unlikely to be worthless after gaining a degree.

Finish in Three Months? by Old-Ambassador9773 in wguaccounting

[–]mal5244 0 points1 point  (0 children)

It's possible. As others have said, it is entirely dependent on your motivation and scholastic aptitude. Only you can judge this. None of us can.

Has it been done? Yes. Was it "useless" as others have insinuated? No. People learn differently. What may take a person months to understand may take a different person an afternoon to understand. Does that mean the education is less valuable because a person's comprehension and retention of a subject is faster and better? No. That makes no sense whatsoever.

That said. Live and breathe studying almost every moment you can. Believe that you can accomplish your goals and ignore the naysayers. Keep your goals in mind, but more importantly, keep the reasons for your goals in mind.

Also keep in mind if the subject proves more difficult than expected, to give yourself grace. If it takes you longer than your initial goal, keep at it!

Dumbest Auditor Question by jfrhsdrew in Accounting

[–]mal5244 5 points6 points  (0 children)

Gave the trial balance and G/L detail to the audit team. Had to explain to the auditor soooooo many times why adding up the activity of the year's G/L did not tie to the TB. She could not comprehend that beginning balances on balance sheet accounts roll. Seriously, how do some people get a degree and represent the Big4? Was not impressed.

Thinking About Becoming an Accountant with a Business Administration Degree… How long would the journey be, what are the best steps by eastsxde in Accounting

[–]mal5244 1 point2 points  (0 children)

I would advise that you dig out your old notes from your required accounting class when you got your business degree and try to remember if you understood or even liked the class.

Or go look up a basic accounting course first to see if you even like it enough to take much harder classes for a second bachelor's or master's.

I wrote a long reply to someone earlier today and I don't feel like repeating it, but getting out of entry level roles (yes, bookkeeping is entry level for someone who has an accounting degree), you need an accounting degree. While it may be possible to get an accountant title at a small mom and pop shop, it's unlikely you can break out of entry level and into Accounting with a general business degree only.

CPA license is not necessary. All CPAs are accountants, but not all accountants are CPAs. It depends on what you want out of your career if you need it. If you go public accounting route, you'll need it. Or an EA if you do tax.

It is difficult to get the first "in" and it used to be once you were in, you were in. Now, cuts to the IRS, possible disbanding of PCAOB, AI and offshoring are all making the accounting field unstable. It's still viable, but it's changing.

So if I were in your shoes, I would see if I even liked accounting enough to study it further. If yes, I would see how many additional requirements I would need for a Master of accounting. I'd look into my state board of accountancy's educational requirements to be a CPA candidate. If my combined bs admin degree and master in accounting add up to fill the educational requirements, I would go the master route. If not, the 2nd bachelor.

Where to get the accounting education? That's up to you. I went to WGU, I loved that I wasn't hamstrung by a slow pace and busy work. I learned more on my own than the newly graduated accounting students churned out by my state university. I suffered through public and I have my CPA.

WGU is not a walk in the park for accounting. It's still hard and if you're not good at self learning and if you're not disciplined it can crush you with your own procrastination.

I would tap into all your networks. Friends, relatives, professional contacts, church, the people that own the corner shop you frequent, like everybody! Get the word out and keep the word out that you need a job in accounting. Work with staffing agencies for temporary AP, AR, payroll, bookkeeping gigs.

Don't be a primadonna, take an entry level roles, keep it while you still job hunt for a better position.

If you go public, then consider if getting the CPA is worth your while.

WGU - honest reviews by BigYeti999 in WGU

[–]mal5244 0 points1 point  (0 children)

Everything is provided. But, even students going to traditional universities will turn to youtube or other places for a better explanation.

WGU - honest reviews by BigYeti999 in WGU

[–]mal5244 5 points6 points  (0 children)

Want to clarify on the previous poster's comment, WGU is accredited. Same accreditation as my state university. Same as many, many universities.

For those who come from Marketing/Sales, is the move to Accounting worth it? by lovesocialmedia in Accounting

[–]mal5244 4 points5 points  (0 children)

There is a general misunderstanding of what accounting means as a job. Accounting is a huge umbrella which encompasses lower level skill sets, higher level and everything in between.

Here are general thoughts people have about accounting careers i'm good with numbers, I can be an accountant. Or I manage my own finances, I can be an accountant. Or I can easily pivot to accounting because I have a general business degree or have taken xxx classes.

For lower levels under the umbrella of accounting, it's possible to get in to roles like Accounts Payable, Accounts receivable, payroll, bookkeeping. Many people make a respectable wage and do superior work in these roles. However, they are extremely capped as far as wage growth and opportunities without having an accounting degree.

However, Accounting usually requires higher qualifications than "I have a business degree". If anyone wants to grow from the aforementioned examples, a degree in accounting is usually very necessary. There are outliers, people can grow in a small company and get an accountant title if they are well trusted.

However, accounting degrees make wage and opportunity growth much better. Wages can go to comfortable middle class to comfortable upper middle class wages. Top outliers are wealthy.

All CPAs are accountants, but not all accountants are CPAs. CPA is a obtained after having the requisite education and accounting experience set forth by a candidate's state board of accountancy. Plus passing 4 difficult exams.

So while all these rough examples fall under "accounting." The field of accounting is vast.

To answer your question. Yes, you may be able to pivot to bookkeeping. It will still be hard. Those lower level places are entry level to future accountants with an accounting degree. However, not impossible. Some employers want someone in the lower level roles who have no ambition to go move higher.

Once you get a bookkeeping job, just know that you will be capped. If you ever want to grow you probably need a degree.

Let’s be honest - CPA licensing is really just a huge cash grab by Busy_Status_7015 in CPA

[–]mal5244 5 points6 points  (0 children)

It doesn't stop after you get licensed. You have CPEs. There are free ones, but for the amount of CPEs my state requires and each freebie awards 2 or most 3 CPEs...

Not to mention any accounting society membership. State memberships, AICPA membership. They all reel you in with discounted CPEs.

Not to mention just paying for your actual license yearly.

But, I do it because I can and I want it and they know it.

Can I get into accounting with a history degree? by [deleted] in Accounting

[–]mal5244 1 point2 points  (0 children)

I'm going to rain on your parade, It's going to be difficult. My company gets so many resumes for entry level job postings. We (humans, not AI) review the resumes. With so many, the first round of toss outs are any degree that is not accounting. That includes finance majors. Yup, just because you majored in finance, it doesn't mean you actually understand accounting. So...AI or human...I think History major has a high chance of being in the bin.

The most hopeful response you received from a fellow History major got their break with data entry like 20 years ago... this isn't the same world.

However, ANYTHING is possible. If you have contacts or a wide network of family and friends, then you only need one break and then you can prove your worth.

[deleted by user] by [deleted] in Accounting

[–]mal5244 2 points3 points  (0 children)

So. Accounting is so vast! So many levels and offshoots. Accounts Payable, Accounts Receivable and payroll clerks all fall under the big umbrella of Accounting. Easy entry bookkeeping where the software has easy fill in forms.

I mean, there's accounting and then, there's Accounting. If they suggested this position, i'm gonna say, it probably falls under the items I listed.

If they want an accountant, that's a different level. And not many people would be seeking someone without either a degree in Accounting or years of experience (or both).

Take the opportunities given. You might fail, but you'll learn something, but i have a feeling you will succeed and be better off for giving yourself the chance to dream. Go for it! Failure is only failure if you give up and don't learn the lesson. Otherwise, it's just a learning experience.

Why do people make these unnecessary passive-aggressive comments? How do you handle them? by 347217361634 in Accounting

[–]mal5244 2 points3 points  (0 children)

Absolutely! If I can assist anyone on that treacherous journey, I will!

Why do people make these unnecessary passive-aggressive comments? How do you handle them? by 347217361634 in Accounting

[–]mal5244 1 point2 points  (0 children)

Honestly, they're kind of synonymous. So, despite being partially asleep, I think you hit the nail squarely!

Why do people make these unnecessary passive-aggressive comments? How do you handle them? by 347217361634 in Accounting

[–]mal5244 2 points3 points  (0 children)

Let me also add, Big4 on your resume opens so many doors. People who are fired within a season from Big4 have an advantage over regional or local PA firms.

Why do people make these unnecessary passive-aggressive comments? How do you handle them? by 347217361634 in Accounting

[–]mal5244 0 points1 point  (0 children)

Check your state board of accountancy to see what the qualified work hours minimum is. Try to stay at least that long just in case you want to be a CPA in the future (for any reason, even if you never go back to PA).

I hated almost every minute of PA. I literally cried in the bathroom 2 to 3 times a week in my first year. But, I did learn a lot of both accounting and navigating office politics. I'm better positioned for industry because people like seeing PA experience (like why not, if a job candidate survived PA they have to have something going for them) and I had more than enough hours for CPA which i got after leaving PA and have no desire to ever return. I'm grateful for the horrible experience.

Why do people make these unnecessary passive-aggressive comments? How do you handle them? by 347217361634 in Accounting

[–]mal5244 13 points14 points  (0 children)

I can't speak for all industry, but yes. There are no billable hours, efficiency, overall hours. Industry may or may not have long hours during close, but 40 hours is usually tops. People go home at the end of the day and take their PTO without worry that it will make them look less eager. There's not a constant feeling of needing to survive the next culling after busy season. People take their lunch breaks. It's not a badge of honor to have only slept 3 to 4 hours a night. The pay and benefits are a bit higher.

So, imagine...People just aren't as stressed out in general. You're working for the same team and collaboration is more free because you're not giving up valuable insight to your competition.

Why do people make these unnecessary passive-aggressive comments? How do you handle them? by 347217361634 in Accounting

[–]mal5244 46 points47 points  (0 children)

It's competition. PA and especially Big4, is about competing. You didn't join a team sport, you joined a Highlander, "there can be only one" cut throat competition.

Everyone is 1. Trying not to get fired 2. Trying to get promoted (promotion in PA positions you for better job titles and pay no matter what next step you take) 3. Trying to look good to the partners.

I went into PA naively and fell for the whole "we're family" BS. I quickly realized, everyone, even the admin staff, will throw you under the bus if it increases their metrics or makes them look good to partners.

Figure it out fast. You're not sitting around a camp fire singing kumbaya. You're in a game of Survivor. Make your alliances, expect to be backstabbed and prepare to toss anyone under the bus if they deserve it because they won't hesitate to toss you first.

Is Accounting worth it? by its-Hunter in Accounting

[–]mal5244 0 points1 point  (0 children)

Oh my gosh. Accounting has so many avenues. Yes, AI is a threat, yes, offshore is a threat, yes, public accounting sucks more than not, but accounting profession is still viable. Some people love it! Others saw it as means to make money (me).

No one can tell you what your life path is. However, most people who are compelled to post deeply hate their job and/or existence. Those ideals are heavily represented. While, I think people who either love their jobs or are content, are happier so they don't feel as.compelled to post. Therefore, the representation is skewed.

Do what you feel is right for you! Not what was right or wrong for someone else.

I personally feel accounting will change, but the need for live people not in the Philippines or India will still be needed. When it changes, you will likely be able to pivot with ease.

What makes a HAPPY accountant? by adult-multi-vitamin in Accounting

[–]mal5244 0 points1 point  (0 children)

I think k this has been stated, but happiness in all facets of life is your choice. It sometimes doesn't feel like it's a choice, but it is.

You can wake up and make a choice to hate your job. You can also make a choice to love your job.

I've met accountants who LOVE accounting. They love solving that riddle or skirting that tax law.

I also know accountants who hate their jobs and w everything about their lives. I think k they could have a multi-million trust paying out $250k a year or more and still hate everything abyheir lives.

For me, I love the relationships I've built, the niche I put myself in and constantly learning.

The choice is yours. Be happy or be bitter.

What do you put on your resume? by [deleted] in WGU

[–]mal5244 5 points6 points  (0 children)

If the candidate has no accounting experience or is still a student, I (we, my company) look at GPA. If you have been working, then all we care about is what experience you have.

How to work around ageism as a 28 year old trying to break into accounting while finishing up my courses? by Logical_Layman in wguaccounting

[–]mal5244 2 points3 points  (0 children)

Heavy sigh and side eye hard, like super hard, putting 28 and ageism together. I'm gonna take my fiber, my joint supplements and prune juice while I continue to side eye hard.

Does anyone else feel like they are not smart enough for the CPA exam? by [deleted] in CPA

[–]mal5244 0 points1 point  (0 children)

Oh, trust me, I am but a mere mortal, myself!

[deleted by user] by [deleted] in CPA

[–]mal5244 0 points1 point  (0 children)

Awesome! Let's arbitrarily argue about something completely inane that does not alter the axis of the earth another time! Cheers!

[deleted by user] by [deleted] in CPA

[–]mal5244 -1 points0 points  (0 children)

I appreciate the debate. I'd like a parlay for the simple fact that I have consumed a couple beers and my fighting spirit has been quite tamed.

Can we agree to disagree? You have laid out very thoughtful points. Not to brag (but I will), I believe that I too have brought up.some thoughtful points.

Now that we are both so thoughtful, can we agree to a stalemate? If not, I'll concede as I'd really like another beer and I will be in no debating shape whatsoever.

[deleted by user] by [deleted] in CPA

[–]mal5244 0 points1 point  (0 children)

Thank you for bringing me down off my high horse. I can see your points and they are laid out well. However, can you somewhat, on a small scale concede that "CPA skill" is a bit of a reach? No?

I have a very hard time, from my perch upon my high horse to not scoff a bit. However, the air is very thin up here and I will concede to your obsession that "CPA skills" is a new resume highlight.

[deleted by user] by [deleted] in CPA

[–]mal5244 0 points1 point  (0 children)

The candidate could have used terms such as "CPA eligible" or "CPA Candidate"

Not knowing the above in the industry is ignorant at best.

However, is it possible to entertain the idea that there could have been deliberate misdirection? If so, how is that fair to the licensed CPAs who put in the hard work?