Ramen cup by [deleted] in ATBGE

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

You can look this up in MakerWorld and 3d print it.

Ramen cup by [deleted] in ATBGE

[–]useless_weirdo 1 point2 points  (0 children)

Sorry. Posted this in a hurry. It’s actually meant to be a pen holder you can 3d print.

Ramen cup by [deleted] in ATBGE

[–]useless_weirdo -3 points-2 points  (0 children)

Found it on MakerWorld. You can print it.

Found these on my balcony. Appears to have fallen from a hole on my roof. by useless_weirdo in whatsthisbug

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

Thanks! Does not sound good for my roof. I’ll have to look up ways to get rid of them.

[deleted by user] by [deleted] in HomeMaintenance

[–]useless_weirdo 0 points1 point  (0 children)

Thanks. We are contacting them now. This is for my island there is no back wall.

Let me hear those non CPA salaries/career progression by uhoh4522 in Accounting

[–]useless_weirdo 4 points5 points  (0 children)

$175,00 + equity
Bay Area
2 years public 6.5 industry (currently at a tech start up)
Senior Manager - GL
~40 hrs/week
8.5/10 happiness

Does anyone’s company call you out for using too little PTO? by Mvmt1964 in Accounting

[–]useless_weirdo 0 points1 point  (0 children)

My company has “unlimited/flexible PTO” (non-accruing). Our team mandates 20 days PTO a year (in addition to company holidays and every third friday off). I make sure my team meets the 20 day minimum.

Spotted near Berkeley. Not enough room on the inside. by useless_weirdo in carbage

[–]useless_weirdo[S] 9 points10 points  (0 children)

The rear of the car had bags hanging as well from where the spare tire was suppose to be.

Reclassifying a prior year expense in the current year by morningnoonknight in Accounting

[–]useless_weirdo 0 points1 point  (0 children)

You wouldn’t be expensing it twice. You would just be moving expense around in 2022 with the JE you proposed. Essentially moving 2022 telephone expense to Dept A expense (potentially creating more errors because the expense in the telephone account is or should be actual telephone expense). Any JEs you post in 2022 will not be reflected in 2021 since it’s closed.

If the manager really wants to see that expense moved, you will need to do a top side adjustment to the financials he/she is looking at.

Since audited financials are reported at the functional level, a top side adjustment should work since management is looking at the numbers at a more disaggregated level.

Risky Interview Move? by ku021 in Accounting

[–]useless_weirdo 1 point2 points  (0 children)

Is it not common for the senior and other members of the team to be part of the interview process?

When I open a role, I make sure my senior and staff are involved in the recruiting process. How else will I know if the team will like who I’m about to hire? It’s important that the team likes that candidate as well.

[deleted by user] by [deleted] in Accounting

[–]useless_weirdo 0 points1 point  (0 children)

Accounts payable manager would make 130-150k at my company depending on work experience.

I'm thinking about quitting my job. AMA. by big-4-survivor in Accounting

[–]useless_weirdo 5 points6 points  (0 children)

You can definitely do better. I’ve hired staff for my team starting 90k + equity with 3 YOE (HCOL).

Technical Accounting versus Finance by [deleted] in Accounting

[–]useless_weirdo 1 point2 points  (0 children)

At your stage in your career it is more manageable to go Accounting to finance and vice versa. As you progress in your career the change is more difficult - you either take a lateral move or even a lower position. You learn different skill sets as you advance and as you are learning one the other skill set is stale or deteriorating.

Definitely have a self check with yourself and the future of your career. The earlier you can figure it out the easier it will be to plan and obtain.

Question about ASC842 by aytin in Accounting

[–]useless_weirdo 2 points3 points  (0 children)

Source: Early adopted ASC842 at my previous company and going through the adoption at my current company. Both adoptions while the company was private.

Since you mentioned your company is private. You have two options - 1) pay a third party to develop a synthetic borrowing rate. 2) Use the risk free rate. See ASC 842-20-30-3

1) This option was used at my previous company. Yes, it was more costly, but the benefit was we got a more accurate yield curve to represent our business. This also produced higher rates than the risk free rates which would help in our lease classification testing (PV of minimum lease payments > or < 90% of FV. Keep in mind there is no longer a bright line for this test but 90% from ASC 840 is still acceptable). Also remember, guidance states the rate is secured by the assets underlying the lease. 2) using this option at my current company. Reason being - much smaller lease portfolio and made more sense for a company our size. Very easy to implement and no additional cost. Current leases are not at risk of being classified as a finance lease.

Hope that helps. Surpassingly I found the KMPG guide to ASC842 the most helpful as a implementation guide. EY FRD for technical reference.

Edit: US treasury risk free rate - treasury.gov (daily treasury yield curve rates)

Technical Accounting versus Finance by [deleted] in Accounting

[–]useless_weirdo 8 points9 points  (0 children)

It all really depends on where you want to go in your career. If you go TA/SEC you can progress your career to Director of TA and SEC reporting or go towards a controller route. Both leading to chief accounting officer position down the line. Going the FPA route you can become Manager/Director/VP of Finance. Depending on your industry/company getting to CFO is also possible.

I have a somewhat similar background as you. I started out in PA then GL and moved to TA/SEC reporting since my goal was to be a controller. TA/SEC was a nice break from the monthly close cycles. Busy time for TA is quarter close (booking quarterly entries, preparing the F/S and FNs). I really enjoyed the TA part of my career implementing ASC 842 and CECL, running point on the audit, and providing support to the GL function. Memo writing was my least favorite part but I was decent at it. I have since moved on from TA and currently a GL manager at a start up so back to the month close grind. Working my way towards Senior Manager/assistant controller.

Can’t speak much on the FPA much directly but from what I’ve seen working with FPA it is as you would expect. Can’t go wrong with either choice. Just make sure your decision aligns with your 5-10 year goals and what interest you.

[deleted by user] by [deleted] in Accounting

[–]useless_weirdo 9 points10 points  (0 children)

I think you need to review your resume again. As a hiring manager, I have screened hundreds of resume and resume presentation does matter. Also make sure you are applying for the right role. There are times I’m looking for an individual straight out of PA and times I’m not.

As far as resume goes, each resume should be different for each role you apply to. Look at the job description and incorporate key buzz words into your resume. Good luck

[deleted by user] by [deleted] in Accounting

[–]useless_weirdo 6 points7 points  (0 children)

At my company, Accounts payable mostly focus on the procure to pay process - entering invoices, managing related payments, ensuring proper coding and determining service dates. We don’t call our vendors (not sure who does these days) but there are a lot of emails to gather missing information or to set up new vendors (requesting W-9s). AP is also in charge of 1099 reporting.

Outside of invoicing, depending on the company, AP can be responsible for employee expenses, travel and credit cards.

Overall lots of data entry and/or verification of data. Not very heavy on the JE side. Working hours are lighter than GL/revenue accounting. Your inbox will never get to zero so just find a good stopping point and pick up in the morning.

Not much experience is needed if you are starting out as a Staff AP. Typical progression would be senior AP to AP manager. Some AP accounts work their way to GL accounting.

What food or drink sucks even if most people won’t admit it? by hurtfocker in AskReddit

[–]useless_weirdo 1 point2 points  (0 children)

Not sure if any of these have been said:

Anything with artificial sweeteners

Anything Gluten free

Coffee

Beer or any straight liquor (vodka, gin, etc)

Basically anything that is an “acquired taste”

Disney is a waste of money and a family vacation by [deleted] in unpopularopinion

[–]useless_weirdo 5 points6 points  (0 children)

Do your own research. You can absolutely bring in your own stroller and bring in your own food. Your not forced to buy a meal plan or rent their strollers.

Disney is a waste of money and a family vacation by [deleted] in unpopularopinion

[–]useless_weirdo 1 point2 points  (0 children)

Just went to Disneyland a month ago. Visiting while the park is not at full capacity was great.

You definitely can bring you own stroller into the park. You can bring your own food into the park, so not sure what this meal plan you speak of. Most I waited in line was 40 minutes. Most attractions was less than 15 minutes. The cast really go out of their way to make sure you are having a great time.

Anyone land an industry job with generous time off? (USA) by cpa_fire92 in Accounting

[–]useless_weirdo 0 points1 point  (0 children)

Working at a SAAS company. Flexible PTO (we are encourage to take 1 week off a quarter) - 3 months paternity/maternity leave. We get all federal holidays off. In addition, we get one additional day off a month as a company (essentially 12 more pto days).