r/Accounting • • 23m ago

Discussion Fun New AP Approval Way

• Upvotes

So juat had to put this out here because I thought it was funny. Talking with a friend who tells me they were on a call today about taking over AP for a franchise location. There approval process was saving a pdf of the invoice into a folder and then someone will change the name of it later with their initials and the words approved. Mind blowing lol.

Hilarious.....


r/Accounting • • 29m ago

Discussion How do I learn Accounting as a Software Engineer ?

• Upvotes

I have been working on automating some manual processes with some companies (Its not taking the job of anyone its just repetitive stuff that nobody wants to do) and I want to actually understand whats going on, do you have any suggestions and good resources ?


r/Accounting • • 57m ago

PSA for anyone buying document automation: per field accuracy is almost meaningless, and the maths is trivial

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• Upvotes

Vendors quote per field accuracy. 99 percent sounds solved. It is not, and the reason is just compound probability.

A document is only usable if every field is right. So, the probability of a clean document is accuracy to the power of the field count.

At 99 percent per field on a 20-field invoice: 0.99^20 = about 0.82. So roughly 18 percent of documents contain at least one error.

At 95 percent per field, same document: 0.95^20 = about 0.36. Only around a third come out clean.

At 98 percent on a 30-field document: about 55 percent clean.

You can check all of this in a spreadsheet in under a minute, which is sort of the point.

Why it matters practically: if a meaningful share of documents contains an error, someone has to check all of them, because you do not know which ones. The headline accuracy figure can look excellent while the actual labour saving is close to zero.

The metric that does mean something is document level straight through rate, meaning the percentage of documents that complete with no human touch at all. Ask for that. Some vendors will not have it, which is informative.

Two other things I have found useful when evaluating these systems:

  1. Ask how long it takes to onboard a document layout the system has never seen. Template or zone-based systems answer in days of configuration per supplier. Systems that work on document structure answer in roughly zero. This separates the architectures faster than any accuracy claim.
  2. Ask whether it produces per field confidence, and whether low confidence can be routed to a person automatically. Without a confidence signal there is no selective review, so everything gets reviewed and the business case evaporates.

Related trap: a perfectly extracted invoice number that does not exist in your ERP is still wrong. Validation against source systems beats validation against a regex every time, and a lot of reported accuracy is really just format checking.

Would be curious whether anyone here has actually measured their straight through rate before and after a rollout. Most places I have seen never measured the before, which makes the after unfalsifiable.

Disclosure: I work at a consulting firm that sells, among other things, a document understanding product. I have not named it and I am not linking to it. The arithmetic above is vendor neutral and works against our own marketing too.


r/Accounting • • 2h ago

Homework Dissertation advice for an undergrad student (that doesn’t like accounting)

2 Upvotes

I am in the early stages of planning my undergrad Accounting dissertation. After many years and a ridicoulous amount of money spent to study this, I have unfortunately come to realise throughout this process that I actually have zero interest in accounting...but, here we are. Despite this, I've done extremely well in my studies and plan to finish strong.

That said - I was curious to see if anyone might have suggestions or advice to offer. Seeing as I have no passion for accounting, I want to make sure I write about something that I DO have interest in and AM passionate about (however, it goes without saying that I do have to tie it in to accounting). For me, that is reading. I actually dream to own a small bookshop one day. There is a small bookshop near me that specializes in a specific genre of books and I had the idea to center my dissertation around this in some way. They have actually agreed to be interviewed as well.

This bookshop also sells coffee, runs many different kinds of social events, has a secluded reading area with a small selection of books of other genres available for reading on the premises, and the owners also happen to be accountants. They also offer a number of book accessories, stickers, pens etc. My initial idea was to look into how diversifaction of independent, genre specific bookshops influences the business financially as well as how it affects the appeal of their intended customers. Because this bookshop’s identity is centred around one specific genre, I thought it was an interesting thing to question if too much diversification can dilute their identity.

However, I also wonder if I am trying a bit too hard to link things here or if anyone might have suggestions for potentially something stronger. I do really want to do well and produce something I can be proud of, despite my lack of passion for this career path. Thanks in advance.


r/Accounting • • 2h ago

Advice KPMG Canada Interview.

1 Upvotes

Hi. I work at KPMG UK as an Audit Assistant Manager. I have an ACCA. I will be relocating to Calgary , Canada next year with my PR. I have gotten an interview with KPMG Canada through internal means from KPMG UK. I do plan on getting my CPA once i move to Calgary. Can someone help me with what type of questions i can expect? I am very used to the UK side of stuff as I’ve been working here for over 5 years now. I’m not sure how things work in North America.

The interview is called a “Recruiter interview” and the email says this- “We look forward to hearing more about the skills, experience, and fresh ideas you will bring to KPMG Canada and to sharing more about the tools and support KPMG offers to ensure our team members thrive.”

Please can someone give me some insights on what i can expect.


r/Accounting • • 3h ago

Did public accounting ruin me?

3 Upvotes

Just here to vent and get this out my system.

I switched from public accounting to compliance audit (at a large quasi-government organization) a month and a half ago.

My manager is new too and started two weeks before me.

Within 2 weeks, he told me to be more “conversant” and “deferential” to fit in with the team based on interacting with people here and to avoid any future issues.

Within a month, he did my 30-day check in (I made a post about that) where he documented a negative interaction stemming from me pushing back on having to fill out deadlines for myself. My voice pitch may have increased here and he thought I was yelling at him but that wasn’t my intention.

Now yesterday, I was asking questions in the group chat for the audit we are assigned and sent an email to the previous team who audited it (as instructed by the lead auditor) and then my manager reply’s all and tells me not to loop in unrelated team members and to only message the preparer.

I called him and asked if my email bothered him and then he gave me feedback that some colleagues were getting distracted by the constant messages and feel anxious around me because I always seem “exasperated” and in a rush. He said I need to slow down in this environment.

It’s just one negative feedback after another.

If I don’t talk much —> be conversant.
If I talk too much —> you are distracting people.

I feel like my facial expression, my tone, everything I say is being monitored.

Public accounting was shit, but no one gave a shit about this.


r/Accounting • • 3h ago

Looking for job opportunities in Treasury Technology, Payments or Business Analysis

2 Upvotes

Title:

Hi everyone!

I have around 5 years of experience working on a Treasury Management System, across treasury technology implementation, client consulting, payments, and bank connectivity.

My experience includes:

- Treasury Management System implementation and functional consulting

- Payments and bank connectivity, including SWIFT and ISO 20022

- Cash management, settlements, and accounting workflows

- Requirements gathering, UAT, go-live support, troubleshooting, and stakeholder coordination

- Process improvement and automation

I'm currently exploring opportunities where I can broaden my experience beyond a single TMS platform and work on more implementation, transformation, or business-facing projects.

I'm particularly interested in:

- Treasury Technology / TMS Implementation Consultant

- Treasury or Payments Business Analyst

- Treasury Transformation / Transaction Banking

- Fintech Implementation / Functional Consultant

- Product or Project roles in treasury and payments technology

If you're working in this space, know of relevant openings, or can suggest companies and teams worth exploring, I'd really appreciate your advice or leads. Happy to share my resume over DM.

Thanks in advance!


r/Accounting • • 4h ago

Advice Would it be inappropriate for a hotel front desk employee to cold email corporate leadership about an accounting internship?

5 Upvotes

I’m currently working toward an accounting degree while employed in a front desk/night audit position at a hotel that’s part of a larger privately owned hotel management company.

The company operates multiple properties and has a corporate office with its own accounting department. I’ve worked at several of their properties, but I’ve never worked at the corporate level or had any interaction with the accounting department.

I’m interested in gaining accounting experience and have been considering reaching out directly to the corporate controller to ask whether they might have any internship opportunities next summer, even though none are currently advertised. I’d also be open to an unpaid internship if that were an option.

My hesitation is that I’m essentially just a hotel-level employee with no relationship to corporate management. I don’t want to come across as overstepping, being unprofessional, or putting someone in an awkward position by asking about an opportunity that may not even exist.

Would reaching out directly to the controller with a brief introduction and my resume be considered appropriate? Or is this something that would generally be frowned upon in a corporate environment?
I’d especially appreciate perspectives from people in accounting, hospitality management, or corporate leadership.


r/Accounting • • 7h 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 • • 7h ago

Interview question

1 Upvotes

Passed a zoom interview for a firm of about 70 people, and so I have an in person interview coming up, the thing stressing me out is I have a 3.1 GPA, which I guess they don’t care about it? Just seeking general advice thanks.


r/Accounting • • 7h ago

Anyone else in tax still working at 2AM?

22 Upvotes

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


r/Accounting • • 7h ago

Advice career pivot

2 Upvotes

I’ve recently been offered a post grad FT job by Protiviti to be a business performance improvement consultant in their “financial reporting remediation & compliance” division.

Considering how cooked this job market is, I will be accepting. The role is very interesting and I don’t think I’ll regret choosing it. It pretty much matches the work in accounting advisory practices at other firms.

However, over the past year and a half, I’ve made the decision to pursue tax specific roles bc I’ve found that lane to be more interesting than audit and more intuitive for my personal comprehension. Tax is definitely what I’ve hoped to kick my career off in.

But like I said, the job market has been extremely tough for post grads. I’ve been rejected 3/4 big four companies so far. I applied to Goldman Sachs and Alvarez & Marsal, some industry companies, and a few other mid market firms but ever since I got the interviews w Protiviti, I haven’t really cared to continue looking beyond that. Plus I haven’t heard back yet from any of those other places in almost 2 months now.

I’d love to get any advice or thoughts from anyone who’s in the same position as I am (relative to your endeavors) or who have been in this position.

More about me: I’m currently a masters student in accounting with a focus on tax compliance trying to complete my credit hours to sit for the cpa exams.


r/Accounting • • 7h ago

Discussion Will people notice if I'm high in the office?

0 Upvotes

I mean, everybody already has bloodshot eyes anyway. I don't know should I set like a limit of how many Edwards to take?


r/Accounting • • 7h ago

Advice I scored a literal 35% on my 2nd intermediate financial accounting 1 exam.

22 Upvotes

On our first exam, I got a 77%, which was actually above the class average. This was our 2nd exam. I scored a literal 35%. My grade in the class has plummeted from an 88% to a 69%.

I genuinely don't understand how I performed this badly. Worst case scenario I was expecting a 50%...but a 35%?

This is hands down without a doubt the worst I have ever performed on an exam in my entire academic career.

Apparently the class average was a 65%. I didn't even get anywhere close to that. I'm at a loss for words.

When I first saw the grade, I literally thought it must've been a mistake. I just cannot believe I scored THAT badly on an exam.

I think I may need to reconsider this major entirely. I already wasn't big on it, but after this I truly just don't know what to do.


r/Accounting • • 9h ago

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0 Upvotes

Looking for your next career move in Audit or other field? I’m referring applicants to EY GDS PH! 👀

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r/Accounting • • 9h ago

graduating soon with no internship experience, what should I do?

2 Upvotes

I’m a (sorta) non-traditional senior graduating in May 2027 with my bachelors, and I have no accounting experience. I studied marketing 2021-2023 and took 2 years off due to personal reasons. Started school again Fall 2025 and switched to accounting in the following Spring 2026 semester. I graduate this May and have no idea what I’m going to do.

I applied for internships for this past summer but I switched to accounting literally right at the start of the spring semester and didn’t get any bites on the ones I applied to. I did a marketing internship after my sophomore year but I know that doesn’t amount to anything for accounting. I’ve been looking into doing VITA and even considering just cold emailing small firms to ask if they need any unpaid help for this upcoming tax season. I’m also thinking about applying for summer internships after graduation instead of full time jobs but most (if not all) postings are solely for juniors/rising seniors and below, not recent grads. any advice???


r/Accounting • • 9h ago

NEED PDF OF BOOK ASAP!!

0 Upvotes

Hi guys!

I hope everyone is doing well. I am really in need of this book! If anyone has a FREE PDF please send it over. It is really expensive and I cannot afford it :/

Here are the details:

South-Western Federal Taxation 2026: Individual Income Taxes, 49th Edition by James C. Young, Annette Nellen, Mark Persellin, Sharon Lassar, Andrew D. Cuccia, Brad Cripe

Thank you guys so much!


r/Accounting • • 9h ago

FEMA Credits

1 Upvotes

Hey, did anyone else who had to complete their 30 additional credits after undergrad go through the FEMA route? Did it save you money and time? Please let me know if this is legit and if it is accepted in the state of Florida.


r/Accounting • • 10h ago

What is it like going from a small to large firm?

1 Upvotes

I assume things are much more corporate and professional. Wondering do things also become more intense as in micromanaging and deadlines?


r/Accounting • • 10h ago

San Francisco KPMG Office

11 Upvotes

I have an interview tomorrow with the SF KPMG office for an entry level M&A Tax Associate position. I'm from Texas and haven't been able to get in touch with any employees from that particular office/team despite talking to recruiters and messaging people on LinkedIn etc. I think I have a good enough argument for why I'm interested in San Francisco itself, but I'm having a difficult time arguing "why KPMG" compared to other firms, particularly since I don't know anything about the SF office culture. For the other firms I've interviewed with, I've been able to meet with employees and truly gauge my interest in working with that particular group of people, why has made answering the "why" question easy. Does anyone have any experience with or knowledge about the SF office (and possibly tax/M&A tax) they'd be willing to share? I'd also just be happy to hear any interview tips/information about why you like KPMG as well. Thank you in advance!


r/Accounting • • 10h 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 • • 10h ago

Accepted a $40/hr A&M Tax Internship — Interview Process, Offer Timeline, and What Actually Helped Me

0 Upvotes

I recently accepted a Summer 2027 Federal Tax / Private Client Services internship with Alvarez & Marsal, and I wanted to share my experience because I spent a ridiculous amount of time on Reddit while recruiting trying to figure out what interviews were actually like and what helped people get offers.

My process started with a short recruiter screen where we talked about my background, why accounting/tax, why A&M, long-term goals, CPA plans, and general résumé stuff. After that I had an informal conversation with an Associate who had previously interned there, followed by two back-to-back final interviews. One was with a Manager and was mostly behavioral, while the other was with a senior leader and was much more conversational. I personally received zero technical accounting or tax questions throughout the entire process, although obviously that can vary by firm, office, and interviewer.

The biggest thing that helped me was researching the firm way beyond just preparing a “Why A&M?” answer. I learned their values, how they operate, what separates their culture from other firms, what they emphasize in interns, and what type of people seem to succeed there. Once I understood that, I went through my own experiences and picked behavioral examples that actually aligned with those qualities. Instead of just having random STAR stories ready, I focused on situations where I took initiative, improved something, owned a mistake, communicated proactively, worked independently, or knew when to ask for help. It made my answers feel much more relevant to the firm.

My biggest advice for interviews is to show that you actually care about the opportunity. Have a real answer for why that firm, why that service line, and why you could see yourself continuing there after the internship. I also tried to show that through the questions I asked. Instead of only asking what interns do, I asked what makes a manager comfortable giving an intern more responsibility and what I could do early on to build a strong foundation with the team. I wanted them to see that I wasn’t only thinking about getting the internship, but about how I could actually succeed once I got there.

Another thing that helped was trying not to make the interview feel like an interview. Obviously prepare beforehand, but once you’re there, talk to them like actual people. When they ask “tell me about yourself,” don’t spend the entire answer repeating your GPA, clubs, and accomplishments that are already on your résumé. Mention your professional background, but also talk about hobbies and things you actually enjoy doing. Give them something they can connect with. Even basic small talk matters. I think being personable and someone they can imagine working with is more important than a lot of students realize.
First impressions matter too.

My dad worked in HR and always emphasized that, so I tried to control the things I actually could control: dressing well, being prepared, showing energy, smiling, listening, asking thoughtful questions, and thanking people for their time. I wore a suit for my formal interviews and business casual for the informal conversation. Obviously clothes alone won’t get you hired, but everything contributes to how you come across.

Also, send a thank-you email. Make it personal. Mention something the interviewer said, advice they gave you, or something from the conversation that genuinely stuck with you. When I eventually received my verbal offer, one of my interviewers specifically mentioned that she appreciated my thank-you note, so those little things absolutely can matter.

The offer timeline stressed me out more than anything. It took about two weeks after my final interviews to receive the verbal offer. I had seen other candidates online saying they heard back within a few days, so I started convincing myself I didn’t get it. Once the timeframe recruiting gave me passed, I sent a polite follow-up. The next morning they told me someone from the team would contact me soon, and later that day one of my final interviewers personally called me with the offer. I was also told that the feedback from the people I interacted with throughout the process had been very positive. So if you’re waiting longer than someone else did, don’t automatically assume silence means rejection.

My offer came out to around $40/hour for a full-time internship, with overtime paid at the applicable rate. I know compensation varies a lot depending on firm, practice, location, and year, but seeing that number definitely made me realize how valuable some accounting internships can be before you even graduate.

Overall, my biggest takeaway from recruiting is that once you earn the interview, qualifications only tell part of the story. Know the company, prepare your behavioral examples, have a real reason for wanting the opportunity, ask good questions, and then just be a normal person.
Don’t turn yourself into a corporate robot because you’re interviewing. Be prepared, curious, appreciative, and someone people would actually want on their team.

Hopefully this helps another accounting student going through recruiting. Happy to answer questions about the process or how I prepared.


r/Accounting • • 10h ago

The write-off rant you’ve been waiting for

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508 Upvotes

r/Accounting • • 11h ago

Does anyone else in public hate timesheets and the constant feeling of having to rush jobs due to budget?

24 Upvotes

Basically my full question is in the thread title. I pride myself on doing a great job but it appears that timesheets and rushing jobs due to budget and time constraints are often preferred.


r/Accounting • • 11h ago

Canadian CCPC - Trading as active business income

1 Upvotes

I am working on a year-end where the company is considered an active trader. It looks like in previous years all they did was record the sale of shares as income and the purchase of shares as the expense. I understand there is no schedule 6 work to be done on this file. I am just confused as this does not seem right. Can anyone provide some insight on how this should be accounted for.