r/Accounting

Hello I’m looking for other black women or black people in general for advice or even encouragement. I’m a 38 year old woman that’s trying to get back into the working world so I’m attending a university this fall to work on my bachelors in accounting. I been looking up stuff and it looks like in this role we are just quite a small percentage of the community. Is it still worth getting into? Now I’ve worked in banking in my early 20s to early 30s and I was use to being one of two in that area but I was hoping for a little more being in a bigger city this time.

Hi all,

Just some background on me: I got a Master's Degree in Accounting, started as a public auditor in Financial services, and then turned to Fund admin and got a CPA shortly afterwards.

I've been interviewing with some notable companies like Blackstone, Blue Owl Capital, and mid-sized hedge funds in New York City this past year and my strategy has been to be personable as well as prove to them my technical knowledge and ability to handle responsibilities independently. However, out of 10 interviews I've had, I've only had two second-round in-person interviews that have gone no where. While I understand it's a competitive market, you would think someone with a CPA and 5 years experience in the field would warrant more attention than just an interview.

Honestly, just ranting on how stressful this process has been, but wanted to see how others are feeling in our field and where the market is going because I don't think I'd study Accounting if I were a freshman entering college now.

I’m a project manager by trade and have been doing this for almost 10 years.

Due to how bad the job market is I took on an accounts payable role because I wasn’t getting any traction with PM applications, however I took a 53% pay cut.

I’ve currently accepted another accounting role in another organization that will pay more than I’m making now but is still a pay cut relevant to the PM job.

I’ve seen these accounting roles as something to help me float above water in the meantime but I’m considering fully switching to accounting and perhaps getting my CPA.

I’m fully aware of people with experience in the accounting/finance world are also struggling to land a job but I’m also tired of PM applications being overfilled with people with no experience as a project manager and the consistent long interview. Which I’m well aware accounting also has at least with the prestigious firms.

I know it might be a few years until I make the salary I was making as a PM.

Would now be a good time to switch and go for my CPA or should i stick to my current plan and keep looking for PM roles?

I graduated December 1994, found my first job in February 1995 making $26k in DFW as a staff accountant..

I remember during that two month stretch of searching the newspaper wantads for jobs, I also utilized a couple of different recruiters.. I swear that for one or two of them, had they placed me, I was gonna be on the hook to pay their fee, instead of whatever company hired me.. is that still a "thing"?

Hey, for context I am 17 turning 18 in a few months and I plan to start an AAT apprenticeship within the next 12-24 months. I would like to do level 3 then 4 and then qualify as an MAAT.

I really want to start my own solo practice, ran from home (helpful because I have a physical disability along with more freedom) I would just like a simple accounting / bookkeeping business that will give me a relatively stress free and comfortable life (50-70k turnover). I did some research and it said I could offer around 18 services. Will these get replaced by AI? I would like this business to be effectively my 'forever' business and to run it until I retire. AI is really stressing me out because the future is just so uncertain.

thanks for any replies :)

Guys, not techy and reviews online are overwhelming me. Need suggestions based on your personal experience please.

Priority:
- Note taking
- Time management
- File management
- Personal stuff trackers

I need to put everything in a single device T_T

Long story short. Started taking some accounting classes toward my bachelors at Western Governors University and have been doing very well. Everytime I look on this subreddit I'm reading about how everyone is struggling to find a job and how entry level roles are being outsourced.

I'm especially worried about how AI will continue to impact white collar workers going forward. I live in a large city with lots of opportunities. There's also an insane amount of competition. Every internship I've applied to on Linkedin has had over 100 other applicants. Surely, a good chunk of them are going to a more favorable college than I am attending.

I was offered a job at my family's business doing instrument repair while in school. I'm a musician and it seems like a good fit. The lifetime pay of what I would make in this job is lower. On the other hand I'd have great WLB, benefits, an extremely stable job, generous paid holidays and a very livable paycheck. My family's company has work booked out into next summer.

I find accounting to be very interesting but the job seems to be not as stable as I first thought. In my conversations with my friends in white collar jobs, they almost always mention semi-frequent lay offs, being chained to their work email and heavy workload. Given this information, is it even worth continuing to go to school for accounting? I'm very discouraged after everything I have read in this subreddit.

Long story, late bloomer (31 F) .. just finished my BA in History & Poli Sci, waiting for conferral. My intention is MAcc at a SUNY school or the accelerated program at UTRGV. Most of my electives in undergrad were business courses, if that helps.

I’ve worked the past 2 years in medical billing handling most aspects of the revenue lifecycle, AP/AR, Collections etc. it’s what led me to accounting actually.

My goals are MA, then the CFE first as somewhere within the fraud/auditing areas is my professional goal. My ultimate career goals are within the government, state or federal.

My question is, am I insane or does this make logical sense? I have *some billing and financial background and I will work towards both the CFE & CPA in time after my masters but I really REALLY want to be an accountant. My brain works well in this environment, at least to what I’ve been exposed to thus far.

Terrified of graduating with another degree that won’t truly help me work and eventually retire lol.

Do you have any go to "must-knows" for fresh grads or newly hired workers aside from tech, software, and petty skills?

Like any corporate must-knows. I just feel like my time as an intern wasn't enough. So I want to find out what useful traits or skills I should mold to be efficient enough and not cause burden.

Such as mouse, tablet, keyboard? software?

thanks

I went to school directly out of high school with no plan for what I wanted to do with my life. I wanted to be an economics major but I was a shitty student and partied too much. I ended up with a degree in a liberal arts field that I can't use for anything, I really don't want to be a teacher. I want to go back to school for accounting or finance but it looks like all the entry level jobs are going away :/ I regret my decision so much because I was at a selective school with good resources and recruiting and I had full financial aid and I blew it... I would have graduated in 2021, into a booming market too....

Need your advice guys 🥹♥️

I live in Canada, and I want to learn another language to improve my chances of getting a job after I graduate (hopefully).

I've noticed that many companies require some knowledge of Mandarin in their internship job postings. However, since I live in Canada, a lot of people have recommended that I learn French instead. I'm leaning slightly toward Mandarin because I haven't seen that many companies asking for French. That said, my impression is based only on the internship postings on my uni's job portal.

So my question is: Which language is more useful and commonly used in the accounting industry?

Edit: I am living in Toronto, Ontario if it matters.

I’m 20F, applying for Junior Accountant/Admin roles.I get nervous in interviews and mess up basic questions.

ya know, with the recent expansion of AI, i read somewhere that there are people getting laid off in bookkeeping industries cause of AI. I’m planning to transition to virtual bookkeeping coz i hate taking calls already and am looking for a non-voice, stable job.