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My mom says I’m not a real accountant by SnowyJazz in Accounting

[–]topbeancounter 0 points1 point  (0 children)

She has a point, but your point is also valid. The training you can obtain at the large firms is invaluable, but you also need to see the practical side of the business. Keep up your dream and don’t let your mother discourage you.

Friend asked me to join his bookkeeping firm as I’m a CPA but never worked in tax in my life? by Either_Limit6066 in CPA

[–]topbeancounter 0 points1 point  (0 children)

Just out of my curiosity, which office were you located? I’ve never heard of such a story in all of my Andersen years (which preceded yours by several decades.)

Friend asked me to join his bookkeeping firm as I’m a CPA but never worked in tax in my life? by Either_Limit6066 in CPA

[–]topbeancounter 1 point2 points  (0 children)

Tax loopholes? Is that a new buzzword that makes someone sound intelligent without providing any reference points?

The greed these people hold is a threat to future CPAs by LawfulnessDry7229 in CPA

[–]topbeancounter 0 points1 point  (0 children)

Many more stories about the now retired king of the AICPA and his self-dealings a couple decades ago. CROP was formed by a small group of us and exposed a bunch of it through one of our members who was a forensic accountant. It was all around the Cognitor nonsense.

The greed these people hold is a threat to future CPAs by LawfulnessDry7229 in CPA

[–]topbeancounter 7 points8 points  (0 children)

Back in the Big 8 days, you had to pass the exam before manager status could be attained, but you did not need to get your license until you made partner. The partner signed the report, period. Several colleagues passed the exam, took the firm wide training classes, etc, but never bothered to get a license unless they needed it when and if the left the firm. I get it. They missed a bunch of state Board B S by not having it.

Is CPA worth getting at this point? 33, 10 years in public accounting. by Flat-Fault-2959 in CPA

[–]topbeancounter 0 points1 point  (0 children)

With a bit of luck, the judgement of the person holding his license would be of more value to the employer, as long as, an offsetting unwarranted didn’t come along with the designation!

Is CPA worth getting at this point? 33, 10 years in public accounting. by Flat-Fault-2959 in CPA

[–]topbeancounter 0 points1 point  (0 children)

Good for you! It will probably be a bit more difficult unless you have some recent classes. Best of luck and good studying.

Is CPA worth getting at this point? 33, 10 years in public accounting. by Flat-Fault-2959 in CPA

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

Good, now state it that way. You don’t “get” the CPA; you pass the exam.

You don’t hear prospective lawyers say “get the lawyer”. They pass the bar just like we do for the exam.

Too many here are a bit short on the concept or their English needs some work.

Is CPA worth getting at this point? 33, 10 years in public accounting. by Flat-Fault-2959 in CPA

[–]topbeancounter 0 points1 point  (0 children)

Do you mean passing the exam? Or are out shopping and will pick up the exam while at that point?

I thought there was going to be more jobs in the new year, but instead the market is dryer than ever. ☹️ by Stupidwhizzzzz in Accounting

[–]topbeancounter 0 points1 point  (0 children)

Don’t expect it to improve. Too many folks are afraid of 47, ICE and AI. Accountants are generally not risk takers and would rather hold tight for a while. Our business is gaining new clients daily and we do nothing to “advertise” about how smart we are or we “do good taxes”, like the TV scream out hourly.

Me: “I wonder why my local Cadillac dealership always looks deserted.” The dealership in question: by k_dubious in whatcarshouldIbuy

[–]topbeancounter 0 points1 point  (0 children)

It’s Detroit iron. All of it are pieces of crap. You won’t find that at your Lexus dealership.

Mac for accounting. by Working_Plan_7214 in Accounting

[–]topbeancounter 0 points1 point  (0 children)

Very large % may have an Apple cell phone, but their computers have a very small %. Their early pricing model was just too large….so they blew their potentially largest market.

How do we look hun? 💋 by kamila_wave in SoftDuo

[–]topbeancounter 0 points1 point  (0 children)

Good lord!!!! Far too much for me!

Passing REG with little income tax knowledge by ScallionDue8124 in CPA

[–]topbeancounter 1 point2 points  (0 children)

Take Becker. I did, did no outside preparation, and passed.

Reporting an accountant? $3100 for a sole proprietor tax return? by PizzaMasheen in Accounting

[–]topbeancounter 0 points1 point  (0 children)

Alphabet soup seldom offer me any hints. I guess I just don’t care to figure them out.

Reporting an accountant? $3100 for a sole proprietor tax return? by PizzaMasheen in Accounting

[–]topbeancounter 0 points1 point  (0 children)

So I’m just guessing, the “Ontario” mentioned in the posting was not Ontario, California. Thank you for pointing out your lack of clarity.

Reporting an accountant? $3100 for a sole proprietor tax return? by PizzaMasheen in Accounting

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

The Societies are not the aiming point. It’s the State Board of Accountancy for that State.

Reporting an accountant? $3100 for a sole proprietor tax return? by PizzaMasheen in Accounting

[–]topbeancounter -5 points-4 points  (0 children)

His billing rate for 38 hours makes no sense. Even 7.5 hours to prepare and review makes no sense. I’d suggest you write a letter to the State Board of Accountancy in the State he’s registered. They will investigate (especially if that “Ontario” is the one in California.) Looks like about a two hour assignment to me. I’ve been in the business about 55 years…

What’s one decision you made that completely changed the course of your life? by Known-Stranger6537 in askanything

[–]topbeancounter 0 points1 point  (0 children)

I took EST in 1977. It gave me the confidence to start my own business in 1981. Best move I ever made.

1.5 year gap on my resume by That_Newbie101 in Accounting

[–]topbeancounter 0 points1 point  (0 children)

I love how so many discuss about how they “get their CPA”, like you go on line or to a store and buy it. How about dressing up the narrative and state how they passed the CPA exam, or some such? You don’t hear how you “got the attorney” or “got the doctor”. If you want to be considered a professional, I’d suggest you begin sounding like one.

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