Reddit accounting overtime. Most people don’t love their jobs.
Reddit accounting overtime.
555K subscribers in the Accounting community.
Reddit accounting overtime Like particularly with audits of large public companies, the turnaround time from when you get information from the client to when the client is required to file their annual report isn't very long. Some smaller firms will even pay staff overtime, but those firms typically have lower base salaries. In theory I could have a paid summer vacation of 2+ months. Bonus is based on title and experience, so not much. The Enron scandal is one of th When it comes to managing your finances, having the right tools is essential. I normally work about 400 hours overtime in audit, but in return I use to have a pretty long summer vacation. Ac QuickBooks is one of the most popular accounting software programs available today. When people not in the accounting industry ask what you are, do you say CPA (if you have one), or your job title (auditor, financial accountant, etc. Dress codes vary from business to business. No worries - For the past 8 years, I've found accounting to be both excruciatingly boring and stressful (especially around quarter or year-end closes) - I know accounting isn't the most scintillating field, but after getting diagnosed with ADHD, I realized that I had some background issues lurking in the background while I was miserable in this career. One common challenge that employers face is accurately calculating overtim The National Hockey League, better known as the NHL, has standard regulation play time of three 20-minute periods. And there's overtime. Just as language is universal to p According to the Department of Public Expenditure and Reform, an accounting officer signs off on the annual accounts of a government body. Accounting is important for determining if a company’s earnings reports are accurate, making it importa The role of a financial accountant is to provide financial analysis support to an organization by preparing its financial statements, such as the balance sheet and income statement Intercompany accounting is the process by which firms reconcile a company’s transactions to eliminate duplication among different departments that may result in overstating assets, Are you considering a career in accounting but don’t know where to start? Look no further. Most people don’t love their jobs. Hell yeah. When I screwed something up as a CS major, the upload bot told me NO. Hell, if we were paid hourly lmao. The way that public accounting was supposed to work, and the public accounting world I was introduced to 10 years ago, the expectation was a large amount of hours and travel during busy season. Public accounting is all about getting experience. Hey All, as the subreddit has nearly tripled its userbase and viewing activity since I first submitted the recruiting guide nearly two years ago, I felt it was time to expand on the guide as well as state some posting guidelines for our community as it continues to grow, currently averaging over 100k unique users and nearly 800k page views per month. Th According to the Houston Chronicle, there are several types of accounting software, which include commercial accounting software such as QuickBooks by Intuit, enterprise accounting Financial accounting is important because it provides an organization’s stakeholders with business statements, allowing them to know if the organization is making or losing money. There’s also sweet spot for levels for OE. edit subscriptions. It’s the only reason to go. I've had to spend a few years to get to this salary. true. With its vast user base and diverse communities, it presents a unique opportunity for businesses to In today’s digital age, having a strong online presence is crucial for the success of any website. Primarily for accountants and aspiring accountants to learn about and discuss their career choice… I have been thinking about getting a second part time accounting job that is also remote. Though, I usually saw my overtime paid out longer term in promotions, some apot awards, etc. On the other side is just security For people that work outside the US (read somewhere that some jobs do not qualify for overtime pay there), what is it like where you work? In my country they just straight out don't care if you work overtime even though it is legally mandatory to pay 20% extra but the government here doesn't really care. Burnt out from Big 4 “55 hours” being 70-90 during busy season and the “40” during summer still being 50-60 and want to switch firms Posted by u/Necessary-Garbage618 - 1 vote and 4 comments My current role offers overtime pay and the norm for the role is “11% overtime last year”. Their salary accounts for the fact that they'll be working long hours. Focus on mastering financial accounting, or tax (if that’s your specialty). However, it can provide you with an excellent paycheck. Many professional jobs don't require overtime or even compensate for it. This is only true until you become manager and there is a reason for that. T Reddit is often referred to as “the front page of the internet,” and for good reason. The accountant supply and demand is going to be a clusterfuck over the next decade. I can understand working overtime if you: Truly enjoy the work that you do (which is difficult to replicate elsewhere) Are building your skills with all the resources available at the company, or Have a huge responsibility (e. Instead, they’re working in the private and public sectors by providing analyzing, auditing, and consulting s Accounting is the language of business because it helps people, both internal and external, to understand what is happening inside of s business. You learn part of accounting in books, but most of it is learned on the job like any other profession. See various answers, comments, and explanations on different factors that affect overtime pay, such as salary, hourly, exemption, and firm size. 422K subscribers in the Accounting community. This year, I had 200 hours of overtime, totaling $3 580. That GPA you spent years struggling over means little after your first year of professional experience. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. Before diving into engagement strategies, it’s essential Reddit is a platform like no other, boasting a unique culture that attracts millions of users daily. 5 years total. Left as AM. Management probably wouldn't even get close. $200k in Canada? I thought you guys in general pay worse then I recently started a 2nd job because the best starting salary I could get in accounting after graduation was just over 50K. Accounting was never my dream job. Assuming overtime pays +100% per hour, I don't know what it used to be since I entered the industry this year, for the old monthly salary that would be + $17,9 / hour of overtime. I don’t like how we NEED an accounting major, but thats how they weed people out. Some states do look at hours in a single day to determine 1. Accounting is broad, if you have a CPA you can work most different service lines. Good culture. I want to try to find something that I am overqualified for that would take me like 5-10 hours per week instead of 20 hours. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Most of those positions are salaried, so you don't get paid overtime but are still expected to work long hours. If nonexempt, you get overtime over 40 in the established workweek. Earlier I was explaining to my wife how in an hour I can spend 45 minutes converting PBC PDF’s and formatting data so I can then do 5 minutes of accounting work (the remaining 10 minutes are spent documenting and spell-checking the 5 minutes of actual accounting work). What is Accounting? Accounting is the process of measuring, processing and communicating financial information about a business entity to a range of stakeholders, including investors, creditors, and regulators. Yeah I enjoy it, I like having a predictable schedule that isn't as cyclical as normal operational accounting work. But also think of this, accounting is a big barrier to entry for people to start their own business so if AI makes accounting easier then more people will start their own business so you’ll have access to more interesting work - interesting because AI does the boring parts. Audit/Tax in Public Accounting: AICPA Career Paths Many seek to start in public accounting firms because of the various client opportunities and wide range of work experience in a short compacted amount of time. This industry typically has some overtime in it. We absolutely work overtime, probably less than US employees though. In this article, we will introduce you to some of the top accounting beginner courses tha Accountants earning professional fees normally dress professionally, wearing more formal clothing, such as a jacket and tie. The hard part about accounting for OE is most of the jobs are cyclical with when your busy. A good auditor can 100% do those roles with minimal training. The IRS is experiencing significant and extended delays in processing - everything. I know really smart other business majors, physics, criminology, psych, music majors, who have four year degrees and are extremely smart and should be given a chance. An accounting officer is usually appointe Accounting information is important for decision making, record keeping, and discovery and prevention of theft. My contract says the hours I'm paid for are 37. e. I’m now logging out from work and all I can do is dream. I don't necessarily love accounting, I just like it enough where I know it pays me well and I have plenty of leverage in my career options. I then work an additional 5-10 hours unpaid overtime on top I initially studied accounting because I enjoyed it and felt I was good at it - The stability and income potential were just a bonus to me. Goal is to go back to grad school next semester and get my masters and CPA. Primarily for accountants and aspiring accountants to learn about and discuss… Focus on mastering financial accounting, or tax (if that’s your specialty). No overtime for accountants is also a thing in many provinces in Canada too. )? upvotes · comments r/Accounting No overtime for accountants is also a thing in many provinces in Canada too. Bill Maher’s Overtime provid In the world of late-night television, Bill Maher is a prominent figure known for his sharp wit, political commentary, and controversial statements. But as other people have pointed out, no one gets paid for overtime. CS makes good because it’s difficult to master (compared to accounting), and to really make the big bucks, you need to end up in a FAANG company but it’s HIGHLY competitive. Advertising on Reddit can be a great way to reach a large, engaged audience. Before delving into The National College Athletic Association’s rules for overtime in college football say that in the event of a tie game at the end of regulation play, each team gets one possession Reddit, often dubbed “the front page of the internet,” boasts a diverse community where discussions range from niche hobbies to global news. my subreddits. That’s to If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. It is used by small businesses, freelancers, and entrepreneurs to help manage their finances. Accounting allows me to provide really well for my family and enabled me to purchase a home before I was 30. Anyone have ideas for lower level accounting roles where I’d be able to have some bigger flexibility as far as when my work is done with minimal meetings? Accounting is typically less money, but is always needed somewhere and is more rooted in facts and what happened vs pondering about the future. 5x pay too, it varies. Other firms were tough, as public accounting is, but that firm was a waking nightmare. No limit in hours for salaried employees. You need to find a second job that either isn’t directly in accounting that avoids those busy times or is in accounting but has different peaks of being busy. Do you guys in public accounting feel like you are trying to outdo your coworkers by working evermore overtime hours? Do you feel like everyday at work is an endless "pitching" duel against them all, and you are trying to throw a "no-hitter" by being the last guy to leave the office? Are we having a japanese style "karoshi" in public accounting? Assuming overtime pays +100% per hour, I don't know what it used to be since I entered the industry this year, for the old monthly salary that would be + $17,9 / hour of overtime. The trade-off is I don't have 60+ hour weeks for four months of the year and when I do have to work overtime, I get fairly compensated for it. When I screw something up in accounting, there are context clues and breadcrumbs that I can use to find the root cause and make a correction. I hate talking on the phone, so unless it's internal I generally don't answer the phone and email people back when they leave a voicemail. And the various jobs have different levels of sensitivity on whether overtime is OK. Federal law sets the standard working week at 40 hours, so any time worked past this point is consi Understanding how to calculate hours using your time clock is essential for both employees and employers. The accounting industry will never die because there is a symbiotic relationship with government and regulatory bodies. The 401k match is nice (125% contribution match capped at $10k per year). Are tax accountants entitled to any kind of overtime pay? Let's talk NYS specifically. Either statistic would be great to know. Accountants Public sector accounting is an accounting method used in central and local governments and other nonprofit pursuant public sector entities. It’s a platform where millions gather to share ideas, seek advice, and build communities aroun Unlike Twitter or LinkedIn, Reddit seems to have a steeper learning curve for new users, especially for those users who fall outside of the Millennial and Gen-Z cohorts. With millions of active users and page views per month, Reddit is one of the more popular websites for Reddit, often referred to as the “front page of the internet,” is a powerful platform that can provide marketers with a wealth of opportunities to connect with their target audienc Alternatives to Reddit, Stumbleupon and Digg include sites like Slashdot, Delicious, Tumblr and 4chan, which provide access to user-generated content. Then do audit and work for a public accounting firm till I can land a good position in health care sector again. I'm an accountant with a professional, salaried job. Add onto that the terrible work-life balance for public accounting which is one of the big things I hear about constantly. No, you aren't limited to it. ? I’m not sure if they’re going off of like, business days M-F (2021 had 250 working days apparently) or if they’re going off of 40 hours/week x 52 weeks/year. Typical day: from month to month, I review entries, do accounting research for complex transactions, coordinate my team. Posted by u/student135 - 6 votes and 11 comments MNP also randomly forces you to use your own overtime for things like there security breach which left many staff owing the firm hours or money. I’m almost 4 years into public accounting now and can still say that I love the subject. A grunt accountant will not touch that salary, ever. this is the dream for me. With the decline in personnel in the industry, why wouldn’t accounting firms pay overtime? I’m not talking about year end bonuses, just good old fashioned overtime pay, time and a half, paid with your weekly paycheck. senior manager or partner) I just can't see any other valid reason to work overtime. Imagine the bank we’d make if we were paid overtime. I am a bit confused on if I am still exempt from over time or if my employer will have to fork over overtime (or increase my salary) The accountant supply and demand is going to be a clusterfuck over the next decade. Users share their opinions and experiences on whether accountants work more overtime than other professionals, based on data from ONET website. There are several different accounting softwares, bank statements, payroll systems, point of sales systems, etc and they all need to be converted into something your specific accounting system can understand. With millions of active users and countless communities, Reddit offers a uni Reddit is a unique platform that offers brands an opportunity to engage with consumers in an authentic and meaningful way. Public accounting basically demands overtime in certain instances because of how tight deadlines are. Having your compensation structured as hourly + OT sucks because it makes many things harder to budget. That’s why I was speculative. I also have a "shift" I choose and never work overtime. Graduated last year with a BA in accounting and doing bookkeeping for a primary care practice right now to save money. popular-all-random-usersAskReddit-picspics- Aug 12, 2024 · If you're expecting to never have to work outside of a normal schedule you'll struggle with the seasonality and close timelines, but if you can deal with that accounting is generally good unless you're talking big 4 big regional early years and in that case you knew what you were signing up for. Get the foundations down but don’t worry so much about GPA. -If D13 is greater than 0, but not more than 40, D13Pay rate -If D13>40, D13Pay rate*1. This is ridiculous. Sa second job, mas balanced yung work-life, OT lang for the year, usually 1 week for budget season, pero the rest, mostly on time na ang uwian. Accounting aims to provide relevant and accurate financial information that helps users make informed decisions. It’s pretty much up to you if you want the overtime paid out or if you wanna use it for more free time. My take home pay was like $3,000/mo with just my accounting job, which, where I live is barely enough to pay rent and utilities. The pay isn’t great ($30/hr), but you can pick up overtime and work up to 72 hours per week. 5 (for overtime pay) MNP is one of the few firms that let you accrue overtime into a bank and then take time off. With all the recent issues in the audit world, it seems like the impact of unpaid overtime on audit quality is overlooked. Most of the posts you see here about people working long hours are from people working in large public accounting firms. You technically have to pay overtime for hourly employees. It sounds like a great perk and MNP uses it to justify lower wages. You won’t find accountants merely working as number crunchers anymore. On one of my jobs the brief is essentially "get it done". It depends where you end up working; I'm in industry; I do excise taxes and then 90% of the accounting for one of our smaller companies. This is caused by the migration of people to urban areas in search of a higher qual Creative accounting refers to any accounting practice that is technically correct but deviates from how accounting policies were intended to be used. g. I work for industry in a large company in the US. Accounting is not about numbers 99% of the time. With millions of users and a vast variety of communities, Reddit has emerged as o Managing payroll can be a complex and time-consuming task for businesses of all sizes. My alma mater just published starting salaries for business grads who graduated last year and the average salary for accounting majors was about $79k, with many of them going into a HCOL market. Fields of science or learning include law, medicine, theology, accounting, actuarial computation, engineering, architecture, teaching, various types of physical, chemical and biological sciences, pharmacy and other occupations that have a recognized professional status and are distinguishable from the mechanical arts or skilled trades where the knowledge could be of a fairly advanced type, but I love my firm's OT policy. I felt that like most accountants were making at least $60k, even in a LCOL market. We are contracted to work 40/hrs per week for our annual salary, and anything over that (a lot during tax season) gets applied to your Paid Time-Off balance. Mannn. Here the reasoning is that Canadian accountants are "represented" by their professional CPA association that theoretically protects their interests, therefore, since they have said representation, they don't need the protections that the various provincial labour laws afford to workers. Capi Accountants in various fields, including auditors, forensic accountants, controllers and risk accountants, use statistics to accomplish their professional duties. Posted by u/mustardpocket - No votes and 5 comments Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. Sure! I'm an MEP (building services) design engineer within the construction industry. On the other hand, if you're average in accounting, there's a bigger safety net to succeed and coast by to a comfy middle class lifestyle. If audit staff are working past 5pm, they have a strong incentive to do whatever lets them go home sooner. The same applies to the turnover rate; there was no clarification of where the employees went afterwards. S. So how many hours of overtime is that. You need to implement your conclusions by working with the Corp accounting team and understanding how various systems and processes work. Eventually bonuses when I made manager. Fortunately, free printable accounting sheets are a fantastic resource to help you stay o Small business owners are always on the lookout for efficient and cost-effective solutions to manage their accounting needs. Over the years, Overtime has un If you’re an incoming student at the University of California, San Diego (UCSD) and planning to pursue a degree in Electrical and Computer Engineering (ECE), it’s natural to have q Are you a die-hard hockey fan who never wants to miss a moment of the action? Thanks to advancements in technology, streaming live hockey games has never been easier. Some factors that affect the overtime hours include public vs private accounting, seasonality, pay, and methodology. You get really good at understanding the principles and flow of the accounting standards and become an expert in many areas after working with them so frequently. My position started off about 20% less than public accounting, and that gap only increased over time. There was a time back in 2007-2008 where the bigger firms even offered OT pay to salaried employees in an effort to keep them from leaving, but from what I've heard from others, many didn't actually make good on the promise to pay OT. It's less sexy though and there's no glamor in this because people just expect the wheels to turn and can only get upset when they don't. and International, Federal, State, or local. I am not passionate about accounting and I never will be. Also depende sa culture rin ng company. Accounting by itself is great, but with the right crossover experience you become an absolute gem. A tax accountant cannot jump into those roles without some massive learning curves, because they do taxes! Not financial accounting. 7K votes, 89 comments. Not everyone chooses the public accounting path. But your work isn't just writing memos. Jobs in A/P and A/R are usually nonexempt and able to earn overtime Go government and never work a day over 8, if that! Posted by u/Late_Payment7829 - 3 votes and 1 comment This is huge. Another factor to consider is how much ove Are you looking for an effective way to boost traffic to your website? Look no further than Reddit. It helps me get a job in accounting. These classes will provide you with the n A shift allowance is an amount a company pays above its basic wage to employees who work during certain shifts in order to motivate people who work in less desirable shifts, such a Rural depopulation is the process in which population density in rural areas decreases overtime. I have come to the conclusion that almost all accounting jobs require overtime. I graduated with a degree in accounting, tried for public but didn't get anything and went into tech, getting paid the same if not better than what I was looking at in public and I work max 40 hours/week. Getting paid overtime is part of compensation structure. In recent years, QuickBooks Online (QBO) has emerged as Capital in accounting, according to Accountingverse, is the worth of the business after the total liabilities owed by a company is subtracted from that company’s total assets. Compared to general accounting, siguro mas chill sa management accounting since walang statutory deadlines and mostly internal deadlines na pwedeng i-manage. Those "payments" are hardly worth the effort short term (think 1000 spot payment for 100 hours of overtime, or 10000 bonus for essentially 500 hours extra work that year). Same for lawyers but they make 3 times our salaries It's the norm for sure. I am a bit confused on if I am still exempt from over time or if my employer will have to fork over overtime (or increase my salary) Bro if we were making $100k minimum out the gates, everyone would be choosing accounting over any other degree. With millions of active users, it is an excellent platform for promoting your website a Overtime pay is calculated by multiplying the hourly wage of an employee by 1. One aspect that often adds to the complexity is calculating overtime pay. Forensic accounta According to Purdue University, the abbreviation for the word “accounting” is “ACCT. You have to work normal time + 25 hours in a month in order to claim anything, but I personally think it works out better just due to busy season etc. The accounting fie In today’s digital age, more and more businesses are turning to online programs for managing their accounting needs. This was offset with very few hours and travel during the summer/fall and a very large salary/bonus structure. it is indeed expected that you expect unpaid overtime, and accept as compensation the opportunity to have a job in this economy as well as being employed by such a prestigious institution known for its stellar reputation and ethics. Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're a registered nonprofit that organises initiatives supporting students' academics, career guidance, mental health and holistic development, such as webinars and mentorship Posted by u/Primary_Capital_726 - 1 vote and 1 comment So accounting work might change with AI just like how it changed with using computers/excel. For brands, leveraging this unique plat Reddit is a popular social media platform that has gained immense popularity over the years. However projects are budgeted to be understaffed / require overtime. A work day is usually between five and eight hours; 12-hour shifts are only three days per week. I would know because I spent 5 years of my college employed in IT/Programming, and that experience tends to set me apart from other accounting applicants that have solely accounting history. 555K subscribers in the Accounting community. The information is also useful when applying for a grant or loan. I was very rarely specifically asked to work overtime. Many employers won't care about a double major in computer information systems, they know it's just to get to 150 hours. Its kinda accepted that its the rules of the game - no partners / AICPA heads will wholeheartedly push for better working conditions, because of A) Its a client-deadline driven profession that makes overtime and stress inevitable and B) They themselves have survived so its not like they feel a moral obligation to right this "wrong. If earning potential matters to you, these 40 hour week non-public accounting jobs are typically low pay and will stymie your career especially as a recent grad. PwC UK have brought in overtime for associates as a replacement for bonuses recently. 3. " As much as I love scrolling Reddit, watching movies, and doing whatever for several hours a day during working hours, I’d love to take on another chill-ish roll to supplement my income. Eventually if you miss enough deadlines you will be let go. Do not go to accounting. Or you can stick around and try to be partner. A firm that wants to pay you $x a year can structure that as salary, or can do some math based on expected OT to back into an hourly rate. It would take someone 5-6 years to earn senior staff pay in the government, and only 2-3 years in public. The current shortage of experienced people to hire is the beginning, I don't think our job market will "cool down" for a looong time, as it takes 10~ or more years for the market to adjust to a labor shortage since it takes that long for someone to decide they want to do accounting, and become experienced in it. Not a CPA yet but I'm working on the tests. com. Prepare the consolidation or review it depending on projects. With operational stuff I feel like they finish closing the books for one month, and then they have like a quick 2 week turn around before they need to start closing the next month. Understanding this culture is key to engaging effectively with the community. It is about guidance, stupidity, 70-80 hours a week during busy season. 30 votes, 28 comments. . By mastering this skill, you can ensure accurate paychecks, manage overtim In today’s fast-paced business environment, managing payroll efficiently is crucial for any organization. These sites all offer their u Whether overtime is taxed at a higher rate or not depends on if the employer pays it combined with the regular pay, according to the IRS. Doing accounting manually takes a lot of time and involves ma Are you considering a career in accounting? If so, one of the most important steps you can take is to choose the right accounting classes. For what it’s worth, I eventually went to a firm conference with other experienced managers and shared a portion of what I was being subjected to Corporate accountant, and I like to think of my job as a financial translator between all the systems. It turns out that real people who want to ma Reddit is a popular social media platform that boasts millions of active users. With these reports, I believe one had the number of new hires, but there was no breakdown regarding whether they came from another B4, a smaller accounting firm, came out of college, etc. For small businesses or individuals looking for a cost-effective solution, a free accounting spreadshe Accounting allows businesses to calculate their profit and perform analyses. When the score of the two teams playing ends in a tie, the game w Bill Maher is a well-known political commentator and comedian who has been hosting his own late-night talk show, Real Time with Bill Maher, since 2003. If you don’t work overtime you will likely fall behind, budgets will balloon, and you’ll be responsible for missing deadlines. The accounting system just clicks for me and makes my brain happy. Public accounting experience is often a prerequisite to future job opportunities. It was the kind of experience that genuinely makes you realize no job is worth your health or sanity. How much overtime do you take? You're judged on a per job basis rather than overall. This is actually unfair, firms can work their "exempt"… I work at a small accounting firm in one of the cheapest states to live in and make under 58,000 as an entry staff accountant. ESPECIALLY outside of busy season. Month end/quarter end/YE etc. Most professional accounting positions are exempt. In tax, the lawyers probably make close to that, but they work a lot of overtime. You're asking the impossible. Every business that makes decent money and takes what they do seriously needs an accounting manager or a controller. ” Sometimes all capital letters are used, but punctuation is always included. 5. Some of us have union jobs where we bargain to not have to work like that. You want steady growth? Accounting is a decent path. The goals of the IPSASB are to establish In today’s fast-paced financial world, keeping track of your finances can be overwhelming. Yet the salaries are somewhat average. If things get bad enough that too many at the top feel it, we get a new wave of GAAP standards or regulatory changes to make work. I'm trying to write a formula that has the following criteria: -If D13=0, return a dash. However, I would argue that public accounting is much more flexible on how you get your hours in. Put in the hours, build a small network of people, learn about accounting, and then take that stuff and build your career out in industry or consulting for more money and better hours. Industry: Corporate accounting Salary: $103,500 plus 20% bonus Title: Team Lead Experience: 4 years B4. Even with overtime, I don't make as much as most entry-level audit associates. 10 years in the Tech accounting industry. I wish there were more accounting jobs out there that only had at most a total of a month of overtime. We did 80+ hours for literally months on end & nobody ever asked me to justify anything. It's a absolutely ingenious scheme designed to rip off staff while pitching yourself as a "work like balance firm". Yes, IT audit is bad, arguably one of the worst service lines in public accounting. 5 a week. Public accounting is the worst, but even normal accountant roles require ot for month end close. I work at a small accounting firm in one of the cheapest states to live in and make under 58,000 as an entry staff accountant. Online accounting programs provide convenience, flexibility, an. Most people go into public accounting and deal with the long hours so that they can leave after 4-5 years to private and exponentially grow their salary. Computers have become an important part of accounting because they make accounting processes faster and more accurate. Accounting industry makes everyone salaried, therefore no work limit. Its a pretty huge difference, especially if you factor in that most people leave public accounting after 3-4 years to industry. A discussion thread on Reddit Accounting subreddit where users share their experiences and opinions on whether accountants get overtime pay or not. 5. Whether you’r A full-time employment contract requires between 35 and 40 hours of work per week. hylepkysgheqyxgmjhqutptvnaujcmkqcoknmkbznjxpbzlsryizalgyqchkojpzmpygcqitofhy