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LMAO at this WSJ article talking about how cucked accountants are (pics)
12-29-2022, 04:13 AM
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#31
- SillieBazzillie
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- SillieBazzillie
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Article is exactly right. Accountants are the tradies of the business world, they provide a necessary function but they represent the lowest rung of the professional ladder.
FP&A is where it's at in the business world if you're not going to be something elite like an investment banker. Here in Maryland we start young folks with just a couple years experience at $80k. My highest paid analyst makes $150k. And Maryland while being a rich state isn't a particularly crazy high COL state like Cali or NY. The work hours aren't bad either, 45 a week or so other than budget/board prep time where it's like 55 hours for a month or two.
You make business decisions based on both operational and financial information and are looked at as an authority in the organization. Ops folks deliver data on demand and you regular work with executive leadership like me.
Accounting not even once.
FP&A is where it's at in the business world if you're not going to be something elite like an investment banker. Here in Maryland we start young folks with just a couple years experience at $80k. My highest paid analyst makes $150k. And Maryland while being a rich state isn't a particularly crazy high COL state like Cali or NY. The work hours aren't bad either, 45 a week or so other than budget/board prep time where it's like 55 hours for a month or two.
You make business decisions based on both operational and financial information and are looked at as an authority in the organization. Ops folks deliver data on demand and you regular work with executive leadership like me.
Accounting not even once.
Early AM workout crew.
Holy crap dude, Satan's huge crew.
12-29-2022, 04:20 AM
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#32
- ParsleyTea
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- ParsleyTea
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A good friend in HS did very well with his accounting courses at the University he attended. He had all As. The University had his name placed upon a wall of fame for the University accounting graduates. After a year of working at a big accounting firm found he didn't care much for the boring work. He ended up going to law school where today he is a lawyer that specializes in accounting tax work.
12-29-2022, 04:26 AM
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#33
- atgbrahsrs
- ToningWasTooHarshForMe
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- atgbrahsrs
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Accounting is horrible.
If you are going to do a career that is not financial advisory (financial advisory= IBD, SnT, Asset Mgmt with the goal of working in a HF or PE eventually), the only thing finance wise in corporate should be FPnA, which is very related almost as boring but does have some strategy stuff especially if you are in Corporate Development. Not sure if an accountant can exit into a Corporate Dev role when the competition is FPnA people plus IBD-ers who hate IBD and/or cant get into PE.
Accounting, whether in Big 4 or Corporate, is subhuman. Transactional services / Deal Advisory at MAX only if used as a stepping stone to IBD; srs
Strategy Consulting in true strategy (big 4 strat houses or MBB etc) is much more interesting because you have the variety and your life does not revolve around an excel model.
Disclaimer: obviously, do not confuse true strategy consulting with some bull**** finance consulting or economics consulting from a retarded bloated Big 4
If you are going to do a career that is not financial advisory (financial advisory= IBD, SnT, Asset Mgmt with the goal of working in a HF or PE eventually), the only thing finance wise in corporate should be FPnA, which is very related almost as boring but does have some strategy stuff especially if you are in Corporate Development. Not sure if an accountant can exit into a Corporate Dev role when the competition is FPnA people plus IBD-ers who hate IBD and/or cant get into PE.
Accounting, whether in Big 4 or Corporate, is subhuman. Transactional services / Deal Advisory at MAX only if used as a stepping stone to IBD; srs
Originally Posted By SouthDakotaBrah⏩
Disagree. You have to consider the enjoyment and at least not feeling bored as **** on the job.You are so wrong about consulting its not even funny brah. It’s actually a very demanding job, especially when you’re traveling M-Th… yeah sounds fun to somebody who has never had to do it, but I promise you it’s one of the worst careers you could choose (for somebody with these types of options available, referring specifically to people graduating from top MBA schools). Investment banking is much better than consulting, no competition. If you’re going to have a stressful job, at least pick the path that makes significantly more money
Consulting is fine as a short term gig before laterally transferring into industry, but I promise it’s not the field you are imagining it to be in your post
Consulting is fine as a short term gig before laterally transferring into industry, but I promise it’s not the field you are imagining it to be in your post
Strategy Consulting in true strategy (big 4 strat houses or MBB etc) is much more interesting because you have the variety and your life does not revolve around an excel model.
Disclaimer: obviously, do not confuse true strategy consulting with some bull**** finance consulting or economics consulting from a retarded bloated Big 4
communist until you get rich
rightwing until financially secure
atheist until the plane starts falling
slootist until you get married
muslim after you get married
12-29-2022, 04:34 AM
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#34
- atgbrahsrs
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- atgbrahsrs
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Originally Posted By SillieBazzillie⏩
The only problem with that is a lot of relevant companies have dedicated strategy teams where these decisions are being made. And those teams take strategy consultants. Both CEO of Google and Morgan Stanley exited into those companies respectively from McKinsey for example.Article is exactly right. Accountants are the tradies of the business world, they provide a necessary function but they represent the lowest rung of the professional ladder.
FP&A is where it's at in the business world if you're not going to be something elite like an investment banker. Here in Maryland we start young folks with just a couple years experience at $80k. My highest paid analyst makes $150k. And Maryland while being a rich state isn't a particularly crazy high COL state like Cali or NY. The work hours aren't bad either, 45 a week or so other than budget/board prep time where it's like 55 hours for a month or two.
You make business decisions based on both operational and financial information and are looked at as an authority in the organization. Ops folks deliver data on demand and you regular work with executive leadership like me.
Accounting not even once.
FP&A is where it's at in the business world if you're not going to be something elite like an investment banker. Here in Maryland we start young folks with just a couple years experience at $80k. My highest paid analyst makes $150k. And Maryland while being a rich state isn't a particularly crazy high COL state like Cali or NY. The work hours aren't bad either, 45 a week or so other than budget/board prep time where it's like 55 hours for a month or two.
You make business decisions based on both operational and financial information and are looked at as an authority in the organization. Ops folks deliver data on demand and you regular work with executive leadership like me.
Accounting not even once.
This is true even for entering non-executive top business roles, such as Product Managers in Big Tech.
Obviously, I wont pretend a Chief Financial Officer has never succeeded as a CEO; Or that sometimes the FPnA is embedded within the dedicated strategy team (because it is true - financial info matters).
But FP&A is definitely where it is at in the business world, especially as a start.
communist until you get rich
rightwing until financially secure
atheist until the plane starts falling
slootist until you get married
muslim after you get married
12-29-2022, 04:47 AM
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#35
- liftandsleep30
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- liftandsleep30
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what is love of numbers
people love to bull **** their reason for working a gig
can just say its for experience or money
none of that love numbers or always admired the accoutant making sure my family got their tax refund on time b.s
people love to bull **** their reason for working a gig
can just say its for experience or money
none of that love numbers or always admired the accoutant making sure my family got their tax refund on time b.s
12-29-2022, 04:51 AM
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#36
- moosik85
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- moosik85
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Originally Posted By kengriffeyjr24⏩
This pictures tells me all I need to know4 women 1 man
Any career field overrun by women rapidly becomes underpaid and loses all prestige
Plant the trees in whose shade your grandchildren will play
12-29-2022, 04:59 AM
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#37
- digital022
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- digital022
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Originally Posted By r32gojirra⏩
Holy chit this is starting to make so much sense now. You AND analchron are both accountants/CPA's. No wonder you two feel like your lives are incomplete, which result in both of you coming here to seek validation. lmaooThey were talking about (financial statement) audit though
I’ve never lead a financial statement audit but I know enough about it that it’s not what’s described in the article
Much of it is looking at the internal and external controls on fraud and other gaps in assurance that could lead to a misstatement on the annual report
Not “balancing cash statements” or whatever the phuck this article claimed
I’ve never lead a financial statement audit but I know enough about it that it’s not what’s described in the article
Much of it is looking at the internal and external controls on fraud and other gaps in assurance that could lead to a misstatement on the annual report
Not “balancing cash statements” or whatever the phuck this article claimed
Your schtick sucks and it screams insecurity.
12-29-2022, 05:31 AM
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#38
- Weezy32
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- Weezy32
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Originally Posted By ErnieMccracken⏩
Same....getting an Accounting degree was the best thing i did because all the jobs i got were because of my accounting degree....have two degrees business management and accounting.lol can confirm. Have an accounting degree and I'd rather live under a bridge than be an accountant. Even the principals I know who make $200/hr are suicidal.
Having said that i would not recommend anyone get accounting degree to do accounting ... its not worth it slaving away in big 4 , having to get two degrees or a masters to even be qualified to sit for a CPA test (need 150 credit hours), going through hell to pass cpa, only to make 100k ish after spending 3-4 years working 70 hours for 50k at big 4...not to mention you are doing boring ass accounting work.
Atlanta Falcons!!!
12-29-2022, 05:46 AM
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#39
- r32gojirra
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- r32gojirra
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Originally Posted By digital022⏩
Guess you can’t read. Try again. Never been near accounting in my life. Too busy making actual money.Holy chit this is starting to make so much sense now. You AND analchron are both accountants/CPA's. No wonder you two feel like your lives are incomplete, which result in both of you coming here to seek validation. lmaoo
Lmaoooooooooooooooo with your level of comprehension you’re probably working the fries station
12-29-2022, 05:46 AM
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#40
- DesiredUserphag
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Most college ****g0ts are delusional as fuk LMAO
𝗣𝗨𝗥𝗘𝗕𝗟𝗢𝗢𝗗
ωσяℓ∂ тяανєℓєя ȼяєω ₅₀/₁₉₅
𝕬𝖊𝖘𝖙𝖍𝖊𝖙𝖎𝖈𝖆𝖑𝖑𝖞 𝕮𝖚𝖙 𝕸𝖆𝖘𝖙𝖊𝖗 𝕽𝖆𝖈𝖊 ®
ᗪIᔕᑕᖇIᗰIᑎᗩTIOᑎ E᙭ᑕᒪᑌᔕIOᑎ IᑎᗪOᑕTᖇIᑎᗩTIOᑎ
12-29-2022, 09:32 AM
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#41
Originally Posted By moosik85⏩
Accounting was always dominated by men. The career itself might still be. The problem are so many young people going to college who end up not working or working chit jobs because they only went to college because they were told they should. This is especially true for women. Once they start having families, they bail out of the career.This pictures tells me all I need to know
4 women 1 man
Any career field overrun by women rapidly becomes underpaid and loses all prestige
4 women 1 man
Any career field overrun by women rapidly becomes underpaid and loses all prestige
One party system; Most Republicans are Democrats, but no Democrats are Republicans.
Hayek and Mises were right; they're all socialists.
"To Call something fair or unfair is a subjective value judgment and not liable to any verification" Ludwig Von Mises
12-29-2022, 10:08 AM
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#42
- NitrogenWidget
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I work with people who have CPA's that charge $100-150 to plug peoples numbers into a tax program during tax season.
it's their side gig because their current job pays more than being an actual accountant.
i also know people with accounting degree's that took the class and sit in those giant rooms H&R block opens up to do peoples taxes for a fee.
they make decent money doing that also.
have never actually met someone who is an accountant for a living.
it's their side gig because their current job pays more than being an actual accountant.
i also know people with accounting degree's that took the class and sit in those giant rooms H&R block opens up to do peoples taxes for a fee.
they make decent money doing that also.
have never actually met someone who is an accountant for a living.
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