Lol I’d like to add that hating Tax class doesn’t mean you’re gonna hate Tax. I had a really bad teacher but when I actually started working in Tax I realized I loved it.
Thank you for sharing all your wonderful knowledge and experience. I hope to make a decision soon I'm thinking about starting with audit for at least one year!
I am single never been married, no kids and would enjoy just going to work and going home and not big on traveling the world. I am 36 and hope to get my cpa license next year unless life changes. I enjoy numbers, helping people, I'm a blood hound when i work on something, and do not stop until i find the answer. I would love the chance to just go to work, go home, very routine, and maybe some lite travel but given a certain area of clients.
A friend of mine who’s an auditor got send from Miami to the middle of nowhere in Texas to audit a company that killed cows and he said the smell was the worst and he was kind of sitting in the janitors closet...that’s why I commented!!
I want to be able to write as much as possible as opposed to sitting behind a screen all day. I'm a future Accounting-Marketing major and ngl, a lifestyle of gluing my eyes to the screen for 10 hrs a day sounds like abject torture, but I love diving into balancing, accounts, investigating where things came from/go, etc. I dislike cubical environments though so idk man we'll see what we'll see lmao
I’m going straight into transaction advisory services in advisory. Had an offer for audit but the thought of busy seasons and inventory counts made tax and audit both non bueno for me.
Starting in Public Accounting here in Miami there was a difference between starting salaries for auditors and for tax. For us it was huge. Like, junior tax associate was $16/hour and audit junior staff was $50,000. My guess is probably because they did hire us as immigrants that come with a diploma from abroad and at least we could enter the accounting scene.
hello, first of all, I would like to thank you for the great and informative work. I have one more question that will obviously interest a lot of people, and that is how much of a role do you think IQ plays in success in big4?
Thank you for those kind words. I can’t say for sure but I think IQ is less of a factor than work ethic. You need the right mindset and stamina to make it in a fast paced environment like that
Hi, I have a question that I need an expert to answer. It’s not related to this video but I wanted you to see it. If I am a business that was to buy things with a tax exemption certificate, but sold the item to a buyer in a state that I do not have a nexus in, meaning I don’t have to charge sales tax, can I no longer use the tax exemption certificate, since you have to charge sales tax when selling items that you used a tax exemption certificate on?
I did my first internship in summer at one firm then did a Spring Busy Season internship at another firm which is where I ended up working. I have never worked in audit before.
Hi, your videos are great. I have a mayor in accounting but I have always worked with entry level accounting and I’m trying to take the cpa next year in order to move to an specific field in accounting. I graduated in 2013 and have two kids. Because of that I I’m afraid to start the journey. Any recommendations for me ? Thanks in advance
Thanks so much! I know that with children its a lot harder to find time to study but it can definitely still be done. I would suggest making a very strict study schedule and thinking about who is in your village that can help with the kids when you study. If everyone is on board and understands what the commitment is, then you will be able to get some quality study time in.
Amazing video. I found it hard to watch some other videos that were half the length of this one. But you added just enough pizazz to keep my brain interested. Great job
I know this video is 3 years old but such great nuggets and I love how you presented it. I want so much to work in tax but the skills I developed as a sales manager is gaining me more audit internship interviews. We shall see. Thanks again.
Hi. The longer you stay in tax, the harder it will be to transition out without taking a pay cut. I left after 3 years. Transitioning into another regulatory role after seems like it would help
Thank you for sharing this insightful video, The Accounting Struggle. I had subscribed to vlogger Stephanie a couple of years ago for information, she does have some helpful accountant videos. I am wanting my next two careers to be: Forensic Accountant with Audit, and Data Engineer. And I am learning these two do mix well together as I listen to TH-cam videos, webinars, and read LinkedIn posts. So I am focused on learning more about these two careers.
Forensic accounting sounds sooo interesting. I think you will be in good shape if you take up data engineering and start with auditing, they will give you the skills you need for forensic accounting.
I dont mean to be offtopic but does someone know a tool to log back into an instagram account? I somehow forgot the login password. I appreciate any tricks you can offer me
Lol I’d like to add that hating Tax class doesn’t mean you’re gonna hate Tax. I had a really bad teacher but when I actually started working in Tax I realized I loved it.
My tax professor was really mean but now that I’m a tax professional-I totally get it lol
Thanks! I didn’t like the class but I’m sticking with tax.
Courtney. I know a few people that need to hear your preaching!! SO much truth here. Time management & communication are KEY for tax pros.
Thanks Kendall. Those tax budgets are no joke!
Thank you for sharing all your wonderful knowledge and experience. I hope to make a decision soon I'm thinking about starting with audit for at least one year!
Hey. I would like more of Auditing.
Also, Heavens Audventure has tons of videos on her experience as an auditor too!
Thanks I will have to check her out!
I am single never been married, no kids and would enjoy just going to work and going home and not big on traveling the world. I am 36 and hope to get my cpa license next year unless life changes. I enjoy numbers, helping people, I'm a blood hound when i work on something, and do not stop until i find the answer. I would love the chance to just go to work, go home, very routine, and maybe some lite travel but given a certain area of clients.
@Robbie M do you have instagram? I knew a girl named Robbie Mason she was an amazing sweetheart.
This video was so helpful thank you
Hearing about the writing makes me not want to do audit but at the same time I’m taking tax right now and hate it 😭
It's not that bad - you will be fine. If you hate tax, you won't like working in tax. I seriously doubt it.
A friend of mine who’s an auditor got send from Miami to the middle of nowhere in Texas to audit a company that killed cows and he said the smell was the worst and he was kind of sitting in the janitors closet...that’s why I commented!!
Haha that’s gross, this is why I didn’t want to be an auditor
@@TheAccountingStruggle same.
I want to be able to write as much as possible as opposed to sitting behind a screen all day. I'm a future Accounting-Marketing major and ngl, a lifestyle of gluing my eyes to the screen for 10 hrs a day sounds like abject torture, but I love diving into balancing, accounts, investigating where things came from/go, etc. I dislike cubical environments though so idk man we'll see what we'll see lmao
I’m going straight into transaction advisory services in advisory. Had an offer for audit but the thought of busy seasons and inventory counts made tax and audit both non bueno for me.
Advisory is an amazing choice! You definitely won’t regret it.
Starting in Public Accounting here in Miami there was a difference between starting salaries for auditors and for tax. For us it was huge. Like, junior tax associate was $16/hour and audit junior staff was $50,000. My guess is probably because they did hire us as immigrants that come with a diploma from abroad and at least we could enter the accounting scene.
I guess it depends on the location and firm but typically starting off the salaries are about the same.
hello, first of all, I would like to thank you for the great and informative work. I have one more question that will obviously interest a lot of people, and that is how much of a role do you think IQ plays in success in big4?
Thank you for those kind words. I can’t say for sure but I think IQ is less of a factor than work ethic. You need the right mindset and stamina to make it in a fast paced environment like that
I graduated with an Accounting Degree in 2015. But now i want to try auditing. What do you recommend for making the transition without any experience?
Look into auditing beyond external / financial statement audit. Areas like internal audit and compliance audit can be fun and lucrative as well.
Hi, I have a question that I need an expert to answer. It’s not related to this video but I wanted you to see it. If I am a business that was to buy things with a tax exemption certificate, but sold the item to a buyer in a state that I do not have a nexus in, meaning I don’t have to charge sales tax, can I no longer use the tax exemption certificate, since you have to charge sales tax when selling items that you used a tax exemption certificate on?
Hi-I honestly don’t know. A SALT tax expert would be better equipped to answer that.
so funny 😅
Did u intern in audit and did the graduate program in Tax with the same firm?
I did my first internship in summer at one firm then did a Spring Busy Season internship at another firm which is where I ended up working. I have never worked in audit before.
Her conversation is so juicy. Full of flavors. It's just so..hmm
Hi, your videos are great. I have a mayor in accounting but I have always worked with entry level accounting and I’m trying to take the cpa next year in order to move to an specific field in accounting. I graduated in 2013 and have two kids. Because of that I I’m afraid to start the journey. Any recommendations for me ? Thanks in advance
Thanks so much! I know that with children its a lot harder to find time to study but it can definitely still be done. I would suggest making a very strict study schedule and thinking about who is in your village that can help with the kids when you study. If everyone is on board and understands what the commitment is, then you will be able to get some quality study time in.
Thank you. This video was really helpful. I'm a tax person too.
You’re so welcome. #teamtax
Amazing video. I found it hard to watch some other videos that were half the length of this one. But you added just enough pizazz to keep my brain interested. Great job
Thank you ☺️
Thank you for the videos! Do you have some examples of either of the two areas?
Thank you for watching! Are you asking about examples of audit and tax?
Yes, please! 👍🏽
I know this video is 3 years old but such great nuggets and I love how you presented it. I want so much to work in tax but the skills I developed as a sales manager is gaining me more audit internship interviews. We shall see. Thanks again.
Thank you so much!
Great breakdown 🫡🙏🏾
Revenue Recognition was very hard for me.
Same. I also struggled with the cash to accrual method stuff
Hello
What are the exit opportunities for tax accountants? Is it hard to transfer from tax to other areas?
Hi. The longer you stay in tax, the harder it will be to transition out without taking a pay cut. I left after 3 years. Transitioning into another regulatory role after seems like it would help
Thank you for the reply
Thank you for sharing this insightful video, The Accounting Struggle. I had subscribed to vlogger Stephanie a couple of years ago for information, she does have some helpful accountant videos. I am wanting my next two careers to be: Forensic Accountant with Audit, and Data Engineer. And I am learning these two do mix well together as I listen to TH-cam videos, webinars, and read LinkedIn posts. So I am focused on learning more about these two careers.
Forensic accounting sounds sooo interesting. I think you will be in good shape if you take up data engineering and start with auditing, they will give you the skills you need for forensic accounting.
@@TheAccountingStruggle Thank you for your reply and suggestion.
I dont mean to be offtopic but does someone know a tool to log back into an instagram account?
I somehow forgot the login password. I appreciate any tricks you can offer me