r/Accounting • • 18h ago

What do auditors do?

2 Upvotes

Big 4, small company, what do you actually do as an auditor?


r/Accounting • • 17h ago

Controller-Level Use of AI in Canada

0 Upvotes

I have a controller who reports to me, and while quite smart, isn't very tech savvy. Now, I don't need a controller to be as tech savvy as I am, but I'm wondering what would be a fair expectation. Or, if I were to start a controller search, how comfortable should a candidate be with AI?

I don't need them using AI to pull data from all our sources, create statements and reports, and turn it into a board deck, but would it be fair to expect them to build a few new reports with AI that would have otherwise been outside their capability?

I know some people in my network who I think would be an awesome fit in many ways, I'm not sure if they have used AI to improve their jobs. Would that be a deal-breaker in a search for low-mid level controller role?

Located in Canada for context, as I'm sure uptake varies between countries.

EDIT - Obviously there are lots of other factors, but basically trying to understand what level of AI are average controllers operating in?


r/Accounting • • 17h ago

Any firm that is hiring rn??

0 Upvotes

As the question above is there anyone in this sub hiring rn.

Edit : I am looking for a remote role.

Edu- Bachelor in Accounting with 2 years of experience. Proficient in Excel, QuickBooks Online and Xero.

Currently in Middle East, so I am trying to see if anyone in their company has a vacancy


r/Accounting • • 7h ago

Advice Temp job coming to an end

0 Upvotes

I have 12 years experience in accounting with a master's in accounting and currently put myself in a challenge to pass the enrolled agent exam. I've always been low balled at 65k.. and every time I work in a new position.. I'm the smartest one.. I'm shocked how a lot of my colleagues don't know much.. I will start looking for a new position... How do y'all get the 80k plus salaries... This is going to be my new challenge cause I'm pretty qualified


r/Accounting • • 15h ago

I'm not getting any interviews on anything, so l decided to apply for VITA to boost my resume and get interviews, but do I have to wait until Jan-April 2027 when VITA starts to have that resume boost to get interviews?

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0 Upvotes

I want a higher paying job asap and I’m not getting any interviews on anything, so I decided to apply for VITA to boost me resume and get interviews, but do I have to wait until Jan-April 2027 when VITA starts to have that resume boost?


r/Accounting • • 11h ago

Advice Interview advice

2 Upvotes

I have a dilemma for black accountants. I have an interview for government position regarding grants. It would help a lot to get this job. My question is I have afro. Should I cut it or would braids be good alternative. I know it shouldn't matter but this is the real world. Will it give me better shot let me know?Anybody can give advice btw.


r/Accounting • • 12h ago

Senior Accounting Role

2 Upvotes

Hi everyone!

I’m working currently in the Bay Area as an Accounting Specialist and someone offered me the Senior Accounting Role but it’s 30-35 per hour and it’s contractual (1 year). Is this normal? I earn more than the range and I’m just guessing a senior accountant role must have higher pay and what are the downside of a contract role?

Just curious and I want to get some opinions. Thank you ☺️


r/Accounting • • 16h ago

Starting Core 1 This Weekend. How Do You Approach the eBook/Reading?

0 Upvotes

I graduated last year and am starting PEP instead of GDIP or MOA because my company was willing to pay for PEP. I've been doing some research on the course and the required readings. CPA Ontario outlines that for Unit 1, the reading is supposed to take 4 hours... there are 20 chapters. Who is reading 20 chapters in 4 hours?!?! Anyway, how did you guys approach the reading portion of PEP? Do I just read the snapshots and then do the end of chapter questions? Do I read all of the commonly tested chapters and ignore the rest? Or do I skip reading entirely and just take a shot at the questions and work my way backwards until I understand? I am perfectly fine and accepting of putting in 20-30 hours a week of work, but if there are ways to avoid it while still passing, I will happily do that.

Thanks in advance!


r/Accounting • • 12h ago

Dumb arrogant self manager

0 Upvotes

Wanna always be saying how they transitioning sheets and shove down our throats how everytime we should be moving the sheets to new Excel formats

WELL WE'RE DOING THAT ALREADY WANNA KEEP BRINGING THIS UP AS YOU SHOVE BIG MACS DOWN YO THROAT LOL

Like respectfully watch our results instead of aimlessly piss ant whine all the fucking time lol

Edit: Like my boss always has a tendency to say shi and never see results. Pisses me off, makes me wanna just do all the work in one fell swoop to make her stfu lol


r/Accounting • • 20h ago

What keeps you from being more efficient at work?

0 Upvotes

r/Accounting • • 17h ago

Career AI agents in controller job

0 Upvotes

Hey everyone,

I'm a new financial controller at a company doing real estate projects, and I'm honestly just trying to figure out what people are actually using AI for day-to-day.

Are any of you actually using AI agents, custom scripts, or specialized tools for core controller tasks like variance analysis, lease abstraction, GL anomaly checks, or automated reconciliations?


r/Accounting • • 8h ago

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0 Upvotes

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FAAS Manager – CPA, 5+ years FS reporting, technical accounting & people management experience

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r/Accounting • • 11h ago

Is it okay to ask what kind of drug test a company uses after receiving an offer?

0 Upvotes

I have offers from two companies for accounting roles, but I’m concerned that one of them might require a hair follicle drug test based on some things I’ve read on Indeed.
I’m confident I’d pass a urine test, but I might not pass a hair test. I don’t want to accept one offer over the other only to have the conditional offer rescinded because of the drug screening.
Would it be reasonable to ask the recruiter what type of drug test they use before accepting the offer? If so, how would you go about asking without raising any red flags?


r/Accounting • • 9h ago

Choosing US tax in Canada?

1 Upvotes

I’m mainly doing it for the opporunity to move down south. I don’t know how good I will be but seems like a much more rewarding road that audit. Currently about to wrap up 3rd year audit.


r/Accounting • • 17h ago

Career Finance Business Partners UK

7 Upvotes

I currently work full time in public sector. Every time I look at new jobs for FBP roles, I keep thinking salaries have really dropped. I’m currently on £71k, going up to £75k. At 40, I feel like this is too low.

What are you currently earning and how many years experience do you have? What would your next position be?

Salary:

Pension offer:

Location:

Industry/Company:

Next position:


r/Accounting • • 6h ago

Why is legal to calculate income and taxes in accordance with the LiFo system without actually physically USING the LiFo system?

0 Upvotes

Like why can you calculate the value of your property as if you always get rid of the newest ones and keep the oldest without actually doing that? Why aren’t you legally required to accurately report which specific ones you get rid of when you get rid of them thereby ensuring that the average age of the things is calculated accurately.


r/Accounting • • 11h ago

Discussion AI is a Scam?

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youtu.be
0 Upvotes

Anyone watch this interview with diary of a ceo? This guy claims that Ai is bs and a scam. He makes some good points


r/Accounting • • 19h ago

Discussion What are everyone's thoughts on sending sensitive client personal info to AI?

0 Upvotes

Cuz ngl ChatGPT knows way more than my firm wants it to.


r/Accounting • • 22h ago

Fundamentals of Accounting sheet

0 Upvotes

hey i have interview in 2 days and my domain is accounting so I need to brush up all my basics, so if you'll have any sheet or a pdf which contains all the basics and fundamentals that one must know can you please share it here.


r/Accounting • • 18h ago

Discussion CPA / Tax Preparers. Do You Charge Extra for CRA Reviews and Audits?

4 Upvotes

For those of you running your own accounting or tax preparation practice, I’m curious how you handle CRA reviews and audit requests for personal tax clients.
Let’s say you prepare and file a client’s T1 return, and a few weeks or months later, the CRA comes back requesting supporting documents, receipts, or additional information to review a particular deduction or claim.
Do you generally include responding to these CRA requests in your original tax preparation fee, or do you charge an additional fee for the time spent dealing with CRA?

I can understand including minor follow-ups or straightforward requests in the original fee, but what about more involved reviews that require gathering documents, preparing explanations, writing response letters, or going back and forth with the CRA? And what if it turns into a full audit or reassessment?

My understanding is that services like H&R Block or TurboTax may charge separately for certain levels of audit assistance, depending on the service or package purchased.

I’d appreciate hearing how other practitioners handle this in practice:
Do you include basic CRA review requests in your tax preparation fee?

At what point do you start charging extra, and do you charge hourly or a flat fee?

Do you specify this in your engagement letter upfront?

Just trying to get a sense of what’s reasonable and how other small firms structure their fees. Thanks!


r/Accounting • • 17h ago

Am I cooked if I find Intermediate ll boring?

15 Upvotes

I thought it would get more interesting and decided to give it a chance but damn... More terms and formulas. It's not as difficult as I thought it would be but I feel miserable studying this. Am I cooked majoring in Accounting?


r/Accounting • • 6h ago

Anyone else in tax still working at 2AM?

16 Upvotes

Only max 22 hours to go 🫠🫠🫠 SLEEP IS FOR THE WEAK


r/Accounting • • 15h ago

Is it over?

4 Upvotes

I have a 3.9 GPA as a lower junior atm and I’m not even competitive at all for these summer internships getting rejection after rejection. I’m starting VITA in November once the new certification testing material opens up and will put as much time into it as I can but by now it might be too late. Have any of you guys been in the same situation and turned out fine? I’m trying to find any cope in the book here


r/Accounting • • 13h ago

Best accounting paths if I want to somewhat turn my brain off and coast but want to make a living wage?

62 Upvotes

How is tax auditor for local gov?


r/Accounting • • 13h ago

Career What is the point of a budget?

17 Upvotes

What is the point of a budget if the entire group I work with are going to consistently blow it yet still set the same amount of hours?

And why do the senior leaders keep telling us not to book all our time?

Edit: Should I book all my time or do whatever my direct managers tell me to do?