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Message
re: CPA's Exiting Public Accounting
Posted on 3/17/15 at 10:58 am to LSUFanHouston
Posted on 3/17/15 at 10:58 am to LSUFanHouston
quote:
I do think that AICPA has moved away from the original premise of protecting the member, to a new premise to become as large and powerful an organization as it can be. The creation of the "affiliation" member class and the obscenity that is the CGMA show to me that it's all about building their member base.
I agree with all of this. I laughed when I read what CGMA was. I was like shouldn't CPAs already be considered these things? What a money grab.
This post was edited on 3/17/15 at 10:58 am
0
Posted on 3/17/15 at 12:57 pm to Jabstep
It depends on the opportunities you desire. The best opportunities usually require manager level experience in public accounting. Those opportunities are management and senior management level positions. However, the opportunities are less frequent, and generally require some degree of specialized knowledge valuable to particular employers. I know several audit and tax managers who left Arthur Andersen to go to work for start-up, or developmental stage, companies who became very wealthy when those companies went public. Those opportunities weren't available to those who left as soon as they earned their CPA designation, typically as seniors.
Posted on 3/17/15 at 3:32 pm to Jabstep
Its busy season, how does everyone have time to post on TD?
Posted on 3/17/15 at 3:37 pm to SippyCup
Everyone knows no real work gets done in public accounting before 6pm 
Posted on 3/17/15 at 4:07 pm to CalcuttaTigah
That sounds miserable. I'm not in a large enough market to move to consulting but that would be a great transition.
Posted on 3/17/15 at 4:08 pm to SippyCup
Hahaha I knew this was coming. Everyone needs 3-4 minutes of freedom every 3 hours or so.
Posted on 3/17/15 at 4:14 pm to LSUFanHouston
quote:
There are a lot of public firm kool aid drinkers and some of the worst are college professors.
Who do you think pays for everything?
Posted on 3/17/15 at 4:59 pm to reb13
quote:
Who do you think pays for everything?
Indeed. Professors are nothing if not easily purchased!!
Posted on 3/17/15 at 5:04 pm to Jabstep
quote:
Hahaha I knew this was coming. Everyone needs 3-4 minutes of freedom every 3 hours or so.
Especially since I'll be at the client for at least another 3 hours
Posted on 3/17/15 at 7:10 pm to Jabstep
quote:
Hahaha I knew this was coming. Everyone needs 3-4 minutes of freedom every 3 hours or so.
I'm a CPA, it was sarcasm.
Add to it, I'm a CPA in public accounting and I love it. The payoff for working 60-70 hours a week during the busy time is working 20-30 hours a week about 6 months of the year.
This post was edited on 3/17/15 at 7:16 pm
Posted on 3/17/15 at 9:26 pm to Jabstep
Four letters for you
GTFO
I hated it. Some love it. You need to figure out which one is for you.
GTFO
I hated it. Some love it. You need to figure out which one is for you.
Posted on 3/17/15 at 9:49 pm to SippyCup
I figured you were joking. And where In the hell are you working to be working 20-30 hours a week for 6 months? Sign me the frick up. That sounds great, if I had that gig I would love it too.
Posted on 3/17/15 at 9:49 pm to Weaver
What industry did you move to?
Posted on 3/17/15 at 11:47 pm to Jabstep
I'm in my first busy season. I've probably averaged 75 hours a week since late November and still have another month and a half. I like my job for about 50 hours a week but the rest sucks. I don't see how people with families do this
Posted on 3/18/15 at 7:25 am to Jabstep
Yeah I never got those 20-30 hr weeks either
Posted on 3/18/15 at 7:30 am to yellowfin
Yeah, not sure where this 30 hour a week guy is coming from. Lowest chargeable hours that has ever been on my schedule is 40, so that means being at work for at least 43-45 hours a week.
Posted on 3/18/15 at 7:35 am to Beerinthepocket
Since I filed a month a go I haven't worked past 5:30. Pocket is getting F'd though.
Posted on 3/18/15 at 7:37 am to POCKET
You really need to bail. Plenty of other forms that are far less demanding.
Posted on 3/18/15 at 7:49 am to Jabstep
quote:
Sign me the frick up. That sounds great, if I had that gig I would love it too.
I'm not hiring at the moment. ;)
It helps to have a great staff but even they don't work more than 40 hours outside of our busy season.
Posted on 3/18/15 at 9:36 am to CalcuttaTigah
I just retired after 32 years as a CPA . I had what was an average to below career as far as promotions go.
I never worked in public accounting but just wanted to provide some info about working as a CPA in industry. Would be glad to provide more specific info to anybody who may be interested. By the way, at least in my company, we did not put a premium on public accounting experience when we hired from outside the company although it certainly didn't hurt a candidate,
I never worked in public accounting but just wanted to provide some info about working as a CPA in industry. Would be glad to provide more specific info to anybody who may be interested. By the way, at least in my company, we did not put a premium on public accounting experience when we hired from outside the company although it certainly didn't hurt a candidate,
This post was edited on 5/12/18 at 2:05 pm
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