Why do you do Accounting? - Page 3

  • Creator
    Topic
  • #1660157
    Jriver
    Participant

    Mind-numbing month-end close data entry. There can be interesting issues, but the bulk of accounting is just recording and reconciling. Does anybody find this fulfilling? How long do people stay in accounting before the mid-life crisis?

Viewing 9 replies - 31 through 39 (of 39 total)
  • Author
    Replies
  • #1661152
    jenpen
    Participant

    @Jdn9201 That sounds amazing! I hate audits with every fiber of my being and would love to end up doing something like that in the end. Right now I work for a small CPA firm, but I'm hoping I'll be done with the CPA this year/early next and can possibly start looking for a better paying job once I get licensed.

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    #1661234
    futureCPA12
    Participant

    I pursued the accounting profession due to the job market. I had read that you'll always have a job as an accountant (somewhere). If you think about it, that has to be true. The money is good, the work is okay, and even the work-life balance is decent (well, at least outside the Big 4). Is it my absolute dream career? No. But, if I was pursuing my dream job, I'd be broke.

    #1661257
    Jriver
    Participant

    @crazyleon
    That's something that I've thought about too that you just confirmed through your viewpoint in women doing better as far as in corporate accounting. I think women are naturally more detail oriented and better at multi tasking whereas men are better with logic and reasoning? In GL accounting, there is a bunch of details women would naturally pay attention to without frustration while, on the other hand, I find it annoying to need to accrue for a missing payment or comb through a handful of expense accounts in detail every month. I didn't sign up for this, man.

    #1661258
    Jriver
    Participant

    @crazyleon

    When #'s don't tie, that's actually when things get interesting with the need to research why things are off. On the other hand, if you have no clue where to look then, yea, frustrating as hell just staring at the screen.

    #1661372
    Ana
    Participant

    @jriver men are better with logic and reasoning? please give me a break.

    #1661377
    jbergmann1
    Participant

    What a useless argument thinking what men or women are better at. It's all subjective

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    #1661381
    Ana
    Participant

    there's no argument to be made, every man and woman are different. best to avoid posting sexist comments.

    #1661383
    Anonymous
    Inactive

    @jriver – you're my kinda people! Or, ‘person'. When it gets difficult is when you can't find everything that comprises the reconciling amount. This past month, I had to try to whittle down a lousy $2.80. Ridiculous! Turns out that it was incorrectly classified to the wrong account and I didn't know what the hell it was. Bean counting….

    I am not generalizing about males/females being better at accounting. Definitely not. But, it *seems* to be a trend that the girls are more organized. At my workplace, we have a lot of deadlines to meet. The guys are generally not as good at meeting them as the girls are.

    #1661407

    My mom made me do it. Serious. Initially, I wanted to be an engineer, like to be called, “Engr…so and so”, or “Atty…so and so”, or “Dr…so and so”. I was just a naive 15yrs old HS grad then. Busy helping my mom's mini-store.

    But being married, and have 3 adult kids, I love to be addressed as, “Mrs Earla Riopel”. Sure, I miss my very long name, “Maria Earla Raga-as Beltran”. Only keep one of these names when I got married, over 27+ years ago. I know I have a choice to keep my original names, but out of respect to my husband, and my kids, I keep his name.

    For sure, I might get away of using my first set of names, since he's a French-Canadian, with generation since 1600s in Canada. Some French women have a choice of keeping their maiden names, even married. They are not just for celebrities you know. Lol.

    Anyway, too much going out of topic, at 51, I am finding it easier to be an accountant when you're getting old. You use your mind more, and you have better grasp of your finances, investments & retirement. Not just for me & my husband, but loved ones that aren't so much into finance.

    I am finding out, with decent household income, and other source of funds, you can actually raise a family, and accumulate a decent retirement nest egg in later life. A good household budget, you need a little accounting.

    We use leveraging a lot in our finances. Borrowing money to make money. To do that, banks are more helpful if someone in a family who loves to do this sort of things. An accountant who likes budgeting. To be able to come up with almost 10k/mo, takes a lot of accounting, by the book. I am thankful, and so as my family, we're doing it, of course, with huge help from steady household income & banks/investments.

    Tax savings is my favourite part. It works well knowing accounting and finance. Being married for 27+yrs, and husband being employed all the time, helps a lot. We maximized our tax savings and investments.

    Some can make 6 figures and make it easier, but for some, who don't know how to maximize the potential benefits of that extra 25k-30k, related to taxes will lost out, especially during the last 10 years, before retiring from work.

    Do I love accounting now? Yes. Do I like my title, “Mrs.”, instead of “Engr…Attorney…Dr”? Yes. Why? Because of it, it's an insurance of a well-funded retirement. Also, I save a lot of accounting/investment fees for life. Lol.

    By the way, my apology, if I am mostly off topic. It's just my nature and way of expressing my opinion.

Viewing 9 replies - 31 through 39 (of 39 total)
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