Can I get an investment banking job if I go to East Bum Fuck State and have a 3.4 GPA? I was also in Beta Alpha Psi and have a linkedin account. I read half of The Intelligent Investor by Benjamin Graham so I'd say I'm more than qualified for quantitative investing.
lmk asap if I can get that job with goldman sachs cuz i'm gonna ball out on wall street ������
This will help you with your recruiting (ass kissing) skills
> they won’t buy me name brand highlighters
Ok i can forgive the other stuff but THAT is crossing the line.
Edit: I was 73% joking, they vary in quality even within a name brand.
For example: The Sharpie clicky highlighters are a let-down, because all of the colours other than yellow are way too dark and they all bleed through the page, however, the Sharpie clearview highlighters are the tits. No page bleeding, just beautiful.
Papermate highlighters just out-and-out suck.
They're terrible, cheap pieces of garbage.
I use a combination of flux and the decreased productivity extension to adjust screen colors to my liking. I'm sure there are other quality options out there, but these work well enough for me.
Why not get ONE 34 inch ultrawide monitor? Complies with one monitor rule, still has more real estate.
It's because of this article https://m.huffpost.com/us/entry/us_5da721eee4b002e33e78606a
From the article: "Attendees were even told that women’s brains are 6% to 11% smaller than men’s, Jane said. She wasn’t sure why they were told this, nor is it clear from the presentation. Women’s brains absorb information like pancakes soak up syrup so it’s hard for them to focus, the attendees were told. Men’s brains are more like waffles. They’re better able to focus because the information collects in each little waffle square."
Edit: I got curious about how any sane person would have come up with this. I found this book called Men Are Like Waffles--Women Are Like Spaghetti.
From the book description: "While a man tends to deal with one problem or purpose at a time (moving from waffle square to waffle square), a woman's thoughts generally flow together (like spaghetti noodles). Once you discover how your spouse processes feelings and thoughts, you're on your way to a happy and healthy relationship!"
It would be hilarious if the vendor who developed the E&Y presentation came up with their idea based on this book
Couple of random thoughts on this from my side:
Get a wireless mouse & keyboard off Amazon - costs like 25 USD or whatever. People I know refuse to spend their own money....wtf...you'd rather suffer 8 hours a day to save 25 bucks???
Get a laptop stand - the idea is to push the screen as far up as possible. I got this one.. Emphasis on height - as close to eye level
If you have a second screen go to the printing room and grab some reams of paper. Use those to prop up the screen till it's at the right height
Connect laptop via cable. Not a huge difference in speed but over years that accumulates
If it's a hot desk office try to claim a desk. I had a plant and a stuffed animal on mine which helped convey the "its a hot desk but not really" message.
It looks like you've had a rough month (going off your post history). Have you let someone know in your real life how you're feeling? If you don't feel like you can talk to people you know personally your doctor is also a good resource. I know my life's changed since I started taking anti-depressants. I get less caught up in the hopelessness that sometimes plagues me despite mostly "great" life.
also, if you're up for a little reading, the Happiness Trap was helpful to me as well in teaching me a few coping techniques to deal with unhelpful thoughts.
Here is a textbook. It’s going to be nearly impossible to grasp without a foundation in accounting. I’d suggest taking some intro-level accounting courses and then decide if you want to pursue it further.
This is the one I use - its nothing fancy but gets the job done. I have a usb hub (with mouse and keyboard plugged into it). USB hub is plugged into the input of the switch. One output goes to my personal computer the other into my work laptop dock. You just press the button on top to switch. There are better ones but this one is pretty cheap and easy to use - if you have a hub that is.
Quality of Earnings
Essay's of Warren Buffet: Lessons for Corporate America -collection of his letters to shareholders over the years pieced together to cover some important topics. It's more investing focused, but he touches on some accounting topics and views them outside of the "GAAP lens".
Smartest Guys in the Room -about the Enron collapse
The finance/markets book rabbit hole is endless, favorites include:
Accounts that increase with a debit are the DEALS accounts: dividends, expenses, assets, and losses.
Accounts that increase with a credit are the GIRLS accounts: gains, income, revenues, liabilities, and stockholders' equity.
Most asset accounts increase via debits and most liability accounts increase via credits. For every debit there must be an equal credit. Make a sale = an increase to the natural credit balance revenue account and a debit to the asset balance sheet account - accounts receivable. If your balance sheet doesn't balance that is an entirely different problem. I have received these during the course of my reviews/audits and at this point, I begin to question the validity of any document. It's called a balance sheet for a reason lol.
It's like Newtons Third Law, but you know...for Accounting, the art of accounting for shit.
Advice: Try not to think about your bank account and the credits and debits posted there.
I don't know about any site in specific, although there are many. What I can tell you is that you should master, at least, the following:
I could go on, but those are some groups of functionalities that most people do not understand, use or know about.
One thing I can recommend you is to be critic about your actions. If you're doing something that takes a lot of steps, repetitive or too complex, there's probably a simpler, easier way.
Finally, I think you will find those 2 add-ins very useful for your job:
I read this book from start to finish to learn how to handle this person.
Great read, btw -- I ended up scanning chapters and sending them out to other people, haha.
Take a look at ClickUp and/or Basecamp. Both of these tools are great for people that are new to project management software and have a super easy learning curve.
It took my team no time to adapt to ClickUp and we were actively using the tool within minutes. The best part about this software is that they provide a ton of custom features that allow you to tailor the tool to your needs. Their custom notifications would be perfect for you and your team. This feature allows you to set up your notifications to only trigger reminders for the items that are relevant to you. They also give you three different ways to view your work making it extremely simple to figure out what's been completed, what's in progress, and what's outstanding. This would be my first choice as its increased our productivity and has really helped with organization and collaboration.
I used Basecamp at a previous company and found this tool to be intuitive as well. This application makes it extremely easy to add users, documents, and track progress. The tool has a cartoon-like interface that was just a tad bit cheesy for me and some of my team members. However, if you and your team can appreciate a social media inspired dashboard this could be for you. Unfortunately, they do not offer any customization options which can be a major drawback.
Thanks again for coming on the show Jarred. It was great talking with you.
Everyone else - If you haven't already checked out /u/lucidoneironaut's AMAs, do it now. There's tons of solid info in all of them. And if you have feedback on the interview or a topic you'd like to hear on a future episode, I'd love to hear from you. Drop me a PM or connect with me on LinkedIn.
Nice try, but I don't think it will work. If you aren't registered as a business, all your sales are recorded as personal, and the losses associated with this cannot be deducted. And if you want to start trading on eBay on a pro-level, making a living out of it, and not only selling things that you no longer need, you should get a license and formalize your activities according to the state's requirements. Then you can qualify for some tax cuts. If you value your eBay earnings so much, I advise you to resort to a good automation tool. All of these appropriate product listings, shipping, calculations, and fees can be a pain in the ass. Check out https://www.3dsellers.com/blog/inkfrog-vs-3dsellers-what-is-the-best-ebay-listing-software-in-2019 to find something that suits you. Automation has raised my hobby to the level of a profitable occupation and later into a successful business.
Yes, this is a very common scam. The checks bounce and you're out the money if you give it to them before the bank takes the money back.
It's number 2 on the list of common scams.
I read another article on the topic. It seems that what qualifies people for overtime is performing repetitive tasks with little judgment and more or less constant supervision. I think that would apply to all staff-level accountants regardless of CPA designation. Since seniors make judgments, however, they would be exempt.
I've worked in enterprise software sales and am starting a MAcc to get into accounting with hopes of getting into internal audit, business advisory services and eventually starting my own practice.
My job was at a much smaller company than what you're probably targeting, and we were in a market where competitors had better solutions. I can't imagine the stress would be any less than what you're experiencing in accounting. I made good money in my last year there but I didn't feel it was worth it anymore.
You will always be right between irate clients who keep demanding more features and threaten to walk and software developers who are pissed off that the sales team keep asking them to build features that weren't part of the original spec. If you have good product managers who understand that you need X and Y to close clients, then you might be OK. These guys keep abreast of the competition and know how to manage developer time, which are crucial qualities.
The place I worked at, I was the salesperson AND the product manager and it got to be too much in the end. I'd suggest reading "The Hard Thing About Hard Things" by Ben Horowitz (of the VC firm Andreessen Horowitz). It's a great book about his experience at a startup targeting enterprise customers. Really gets to the heart of business complexity in B2B software.
Actually, I have set up a LinkedIn group for accountants that fits exactly with your request. It is called Accounting LIONs (LION = Linked In Open Networker). The entire purpose of the group is for current and future accountants to get LinkedIn connections with others in the accounting profession. Click here to learn more about the group.
Business related- Getting Naked by Patrick Lencioni
Non business related...
The Sun Also Rises
A Farewell To Arms
The Brothers Karamazov
Crime and Punishment
The Hitchhikers Guide to the Galaxy Series
A Song of Ice and Fire (game of thrones series)
Meditations by Marcus Aurelius
Pretty much anything by Sam Harris or Christopher Hitchens (avoid their religion focused books if you're devout and easily offended)
If you're into Philosophy, read some Camus, Kierkegaard, Sartre, Locke.
Let me know if you want more, I'm looking at my bookshelf and there's plenty more to suggest.
It is not exactly what you are looking for, but Wharton offers a free intro to accounting online course that is quite legit. The guy that runs the course is one of the top accounting professors in the country. You can find it here:
If you would like to take a look at the raw data I have uploaded a modified version of the results here. I have purposefully removed all timestamps, rearranged the ordering (for the purpose of anonymity. Each row is still a separate individuals response). I have moved the comments to moderators to a separate sheet and sorted it, sorta. I have removed some obviously fraudulent answers that I found while completing this post but I have not read each response for authenticity.
Hardest class I've ever taken. Our first exam was 5 questions with multiple parts and it took me 4.5 hrs. Got an 89 though. No curve. This is my professor: http://www.ratemyprofessors.com/ShowRatings.jsp?tid=176785
No. If you're diligent about studying, you can buy the Wiley books for $303 for the set (https://www.amazon.com/Wiley-CPAexcel-Review-January-Study/dp/1119371473/ref=sr_1_1?ie=UTF8&qid=1507078062&sr=8-1&keywords=wiley+cpa+exam+review+2017)
You can probably find cheaper buying a used book.
I personally started CPA studying with Yaeger (https://www.yaegercpareview.com/) which looks like it is $1200 for the whole kit. I took it back in 2010, but it was video lectures + Wiley books. It looks like it has more bells and whistles now.
(No affiliate links above, just went to amazon, searched, and pasted the link)
I use R on a daily basis, I work in insurance predictive modeling. The 30-second description of what that means is that I use regression to predict how much insurance claims are going to cost.
If you're not going to be using much statistical analysis and want to look into more general programming for accounting, I'd recommend Python over R. There's an open source ledger called ledger-cli, which has a Python implementation you can look at:
Greenshot, ftw. Bank I previously worked at made this available in their software catalog as the only screenshot tool. Changed my life. Would never use anything else.
The most convenient part of it was the ease of setting up a hotkey to take a screenshot of the same section of the screen and simultaneously copy it to the clipboard and save to my documents. I could easily screenshot and paste it into my notes without ever having to leave OneNote.
I recommend people try Moffsoft FreeCalc (1 not 2). It's a free Windows program, and its functionality is nearly identical to the on-screen calculator everyone is guaranteed to get on exam day. Becker has something just like it built in, but it was inconvenient to click to launch it each time it was needed. Moffsoft FreeCalc can be set to stay on screen with the "Always on Top" option. I recommend becoming acquainted with the memory features, because they were helpful on some of the FAR questions.
Maybe not quite what you are looking for but Khan Academy has a few accounting videos. Also, any intro to accounting textbook would work but they can be pretty tedious. It sounds to me like you are looking to learn bookkeeping, there are also tons of books on that. IMO if you are a diligent bookkeeper even if you screw things up the accountant will be able to see the error a lot easier.
$80,000 to $120,000 is a common range. Check out the Canadian CPA compensation survey from last year: link
Our Canadian dollar is close to the Australian dollar, so the salaries are pretty comparable.
Is xpadder compatible with this because if so then one could actually use an Xbox controller for Microsoft Excel and be functional.
The best resource I have used in the past is the US Masters Sales and Use Tax Guide.
There is a chapter for each state that goes in depth on the sales and use tax rules such as what items and services are exempt.
Here is a link to Amazon for the 2018 edition.
After going through my notes, I couldn't find a list of companies that I was pretty sure that I had. However, I did upload my notes to google docs. FV Notes I also have some academic articles as well as one that outlines what happened in the recent financial crisis in respect to fair value accounting.
Edit: I can also upload some of the articles if you wish. Just let me know!
It removes the blue light in the monitor, making the color warmer and softer on the eyes. Blue light affects your circadian rhythm and melatonin levels. It's OK during the day, but exposure at night can hurt sleeping patterns. This, in turn, could cause a host of health issues.
My trick to passing this year was using Anki for studying technical. It's a more efficient way of studying with more effective results than regular flashcards. I can share my CFE deck as well!
There is an article on seeking alpha that is much more detailed but behind a paywall. I was able to read it and the gist was this was probably a lower employee that made 110k in San fran so anything she was pushed to do wasn't a huge chunk of Oracle's 9billion in profit or revenue or whatever the article said regarding what she dealt with. They basically concluded the amount in question may have been up to 19 million so not a huge chunk of change for Oracle.
What was a little more interesting was that the allegation is for the much smaller cloud area where this amount could be more material.
Thanks for the note, glad you were entertained! I'd love to know your thoughts on better explaining double-entry bookkeeping and T-accounts. (To cut him some slack, it should be noted that Nick was booked to speak on extremely short notice because one of our other speakers had to cancel.)
Not all our talks are as entertainment-leaning, but most are. We're a lecture-in-a-bar series that's all about having fun while learning and drinking beer. More videos are here: https://vimeo.com/nerdnitesf
Here is an example of an outline I did for a 5 hour exam
A few notes:
for a shorter exam I would suggest using just one page and not putting any detail into the REQs on the top left of the page
Most people discount the importance of time allocations. DO IT. You will thank me later. This is less important if you get lots of time to write, but I doubt that you do. I actually started using a small timer after this so my time allocations on the outlines are a bit less detailed.
If you are missing "big issues" it's likely because you aren't remaining cognizant of the client's bias and/or your role. Consider highlighting these on your outline to keep them on top of mind.
Depending on how your cases are set up you may have to make some adjustments to the below.
Here is my process (for a 5 hour exam):
Draw lines and headings (role, bias, users, req) on top of page 1 (~2 min)
Read page 1 & 2 of case to find the reqs, highlighting role, bias, users, req, and annotating as I go. (~10 minutes)
Write down role, bias, users, req on top of page, write reqs on their own page if long exam.
Read entire case, noting relevant items on outline as I go under the appropriate req headings. (~50 minutes)
Review my outline, formulate plan of attack and write down if complicated (ex a quant req on the last page of outline needs to be done first). I didn't do this in the example outline given. (~15 min).
Take a break. Go pee and clear your head, eat a snack (I like beef jerky). You might find important things pop into it. (~10 min)
Write your response, keeping bias, role in mind always. (~3.5 hrs)
The job market is still running well for accounting. It's one of the few sectors continuing to grow (albeit slowly) in this economic hardship. It's one of the reasons that a lot of us decided on the Accounting profession.
This article was posted about a week ago on r/Accounting.
The worst thing you could do right now is not do well in your remaining accounting classes. While the accounting field is still growing, it's still an extremely competitive profession for internships and first year hires. You shouldn't have much to worry about as long as you dedicate yourself and work hard.
You should be focusing your efforts on doing well in your final classes and preparing for recruiting season starting next August and do your best to land an internship. At the Big 4 alone, about 90% of interns are offered full time positions at the end of their internship. With most firms, as long as you commit yourself and do a good job, you're practically guaranteed a full-time position offer at the end of the internship.
Keyboard shortcuts. If you ever work an internship in industry, they'll have you doing a lot more analysis of accounts than most public internships might. But I have learned time and again that you save more time by knowing what keyboard shortcuts there are instead of using certain functions like VLOOKUP to populate columns for you.
Here's a link. Pretty complex stuff, but you get the gist.
If the statements are 3 pages or less, or if you're willing to split the statements into 3 pages, you could try the trial for Able2Extract. Otherwise, you could try Tabula. If the statements are scans, they have to be OCR'd before you can use them with Tabula (and possibly with Able2Extract as too, can't remember), but the results won't be as nice compared to PDFs that are already text-based.
I don't think there is a clear black or white answer to this, other than sitting back and taking the time to think about it. I had a professor who was an ex-Big 4 tax partner who was also very philosophical and recommended to all his students to read this book: "How Will You Measure Your Life" by Clayton Christenson. Amazon Link My professor is still married with his first wife, and has five children; his kids happened to go to my high school as well, strange.
This is similar to what I asked before. I took Principles of Accounting I and II (financial and managerial) last summer but I focused on passing the basic accounting classes instead of studying them. One tip that might help out is getting a book that can help you learn and understand the concepts of accounting. It looks silly, but I heard it's good. It's available on Amazon.
Good luck on your field in accounting!
EDIT: Here's the link of the book if you're interested. Thanks to u/ItemHazard for the tip.
I like this straight forward analysis from Henry Hazlitt. Everyone should read Economics in One Lesson.
>Thinking has become so emotional and so politically biased on the subject of wages that in most discussions of them the plainest principles are ignored. People who would be among the first to deny that prosperity could be brought about by artificially boosting prices, people who would be among the first to point out that minimum price laws might be most harmful to the very industries they were designed to help, will nevertheless advocate minimum wage laws, and denounce opponents of them, without misgivings.
>The first thing that happens, for example, when a law is passed that no one shall be paid less than $9.00 per hour [updated) is that no one who is not worth $9 per hour to an employer will be employed at all. You cannot make a man worth a given amount by making it illegal for anyone to offer him anything less. You merely deprive him of the right to earn the amount that his abilities and situation would permit him to earn, while you deprive the community even of the moderate services that he is capable of rendering. In brief, for a low wage you substitute unemployment. You do harm all around, with no comparable compensation.
> Download a sound recording app on your cell phone and hit record before somebody gives you a long set of instructions. I can literally zone out in 5 seconds. 2 seconds if they don't speak English very well. I've done this whenever needed and I usually did not announce that I was recording. It makes people uncomfortable if you tell them. I did what I had to. It works, nobody feels awkward. https://play.google.com/store/apps/details?id=com.andrwq.recorder&hl=en
Slightly more expensive option is a Livescribe pen. Saved my ass in college big time, especially in more math-centric classes where taking notes on a laptop wasn't feasible.
Looking at it from a finance point of view the question is a little different... you would have to take the present value of both projects and work out the difference. Assuming that the 3.6% nominal rate is compounded monthly, i came up with $1,466.75.
It's an application which adjusts your screens brightness and colour profile based on the time of day. Essentially as it gets later it cuts a lot of the harsh blue light out.
In my experience, you learn about payroll in intro accounting, which is usually taught by an adjunct. Tenured professors aren't telling students what FICA is. The average adjunct accounting professor makes around $56,000 a year, per indeed.com - http://www.indeed.com/salary/Adjunct-Accounting-Professor.html
So, yeah, I make more than that. I'm not trying to get into a pissing contest or anything, though. Back to my original comment on voting for liberals it's really more of a social thing for me, I'd rather pay higher taxes and have social liberal policies. This isn't the time or place for that argument, though. :)
I would suggest making gantt charts in excel for each project; break each engagement down into segments and sub-segments and then sections and sub-sections if needed. If you have a decent accounting software that you can export an already existing format to excel, then you can work with that as well. It may even be worth it to try out Trello.
I've thought about this too, but adding any letters to your name is not a bad investment of time. The CMA material is very relevant and it has been a good use of my time.
Also, CMA has been showing up a lot in recent years as a preferred qualification along with CPA and MBA.
I don't know...I looked up the term and found this which seems to disagree with you: https://books.google.com/books?id=ZfHBODuJaBQC&pg=PA98&lpg=PA98&dq=constructive+receipt+paypal+business+bank+account&source=bl&ots=bt2jYM9ven&sig=cpmZBSItZxIDAfaPbjQSbCkAJGQ&hl=en&sa=X&ei=oXe1VOetHsiZNpn_g7AH&am...
We might be biased but if you want to learn the accounting in general you should check out our podcast Boosting Your Financial IQ.
To keep it interesting, Steve came up with unique and informative songs to explain each financial statement. Further, he shares personal stories that make it relatable and entertaining. As the episodes go on it moves from the basics to diving deeper into accounting/finance topics - such as How the Federal Reserve Manages Money.
Check it out and let us know what you think!
Why did you debit PUC on the share repurchase for 20k?
I'd have responded with B, but I also didn't do the best on intermediate accounting lol
EDIT: It's C because the reduction of treasury stock of 300k increases shareholder equity by the same amount. Treasury stock is treated as a contra-equity balance. Read this for more info.
That's how I feel after surviving Advanced Accounting with a B. Most people who take it at my school either get a C or have to retake it one or two more times. We only have one professor for the class and it is considered a masters class. This is his rate my professor page: http://www.ratemyprofessors.com/ShowRatings.jsp?tid=176785
Net Income before tax = $43,344,000,000 Income Tax Expense = $954,000,000 Rate = 2.2%
Of course this doesn't tell the whole story, but perhaps it might be a bit of an indication that GE might possibly be paying a very low tax rate for whatever reason.
I'd love to see a summary of their tax return line items to see what's really going on.
You have probably have already looked here but this is generally where I start. The links along the side have a lot of other info too. If you have gone through this already please disregard :) http://finance.yahoo.com/q/sec?s=HPQ+SEC+Filings
Depends on what you are looking to learn. Honestly, I'm not a huge fan of the classes because what you are learning is generally generic and doesn't apply to your specific data sets.
When you are working with your data think about something that would make manipulation easier and then google it. Then keep using that item set. I'm not an accountant (I'm a Finance guy) and all the modeling I've performed over the years as made me a pretty damn good excel user (rarely hardly ever use the mouse for anything within excel).
This is a very good shortcuts list for the 2010 version: http://www.shortcutworld.com/en/win/Excel_2010.html
I have about zero VBA skills, but I'm at a point where I don't really need them, but if you are curious to learn, then this is a good site: http://www.ozgrid.com/Excel/free-training/ExcelVBA2/excel-vba2-index.htm#VBA1
I had this same problem last semester. I thought about trying this http://www.pomodorotechnique.com/
but never really ended up doing it (too much work, haha).
I pull this out around exam time to stop me from going on Reddit and checking my email every 5 minutes. http://www.macupdate.com/app/mac/31289/selfcontrol
One thing I found really helpful is to focus on something else, like a different class or chapter if I'm having trouble focusing on studying in one class. Hopefully that applies to you!
Regarding the scholarly articles, have you ever used Google Scholar? It's a pretty handy resource for academic/peer-reviewed/scholarly articles and journals. For instance...
Honestly, I'm not a huge fan of most Bootcamps just based on the price-to-return that they provide. I'm sure there are some great ones, but at the end of the day I'm not looking at which bootcamp you went to if you apply to a job... I'm mostly just focused on what you know.
I deal mostly with web tech, so what I'd recommend would be starting with Free Code Camp, then from there finding a good set of tutorials online for some more complex languages/back-end stuff like NodeJS or PHP.
I got this mount off Amazon. It works well enough, and installation was simple. I have 3 27” on it.
In terms of wiring, my monitors all have at least 2 input options, HDMI and DP. I use the HDMI for each monitor to connect to my work laptop, and DP for my pc. Ton of cables, but the stand has handy cable hooks to hide them.
If you ever find yourself in a situation where you need to pass this Korn Ferry TalentQ Assessment Test, all you need to do is purchase this book I found on Amazon.... I'm speaking from experience. After I purchased and studied the book, I breezed the test... It was so easy. Here are the links:
Hard copy: https://www.amazon.com/Numerical-Reasoning-Test-TalentQ-Type-Explanations/dp/B093CHKYSK
Thank me later 😊
I’ll be going with the Dell Ultrasharp U2718Q Monitor. Link
Since I’ll be working from home I’ll want a very high quality monitor for movies, tv shows, games, and some light video and photo editing during my free time. The second monitor will be a very standard curved monitor for about 300-350 so that’ll be pretty much all work no play.
Thanks for the response!
I just got this low profile keyboard over the holidays and I am loving it so far:
Keychron K1 Mechanical Keyboard https://smile.amazon.com/dp/B086PWQCRQ/ref=cm_sw_r_cp_api_glc_fabc_X2O9FbJ7T3NC3
Keys feel good, backlighting is a nice touch (there are like 12 presets but I just ignore all the Epic Gamer backlighting modes). Only gripe thus far is sometimes the keys are a little more sensitive than I am used to, and if I am typing...”lazy”? I might end up with some accidental keystrokes. Far from a dealbreaker though.
I have this one. Serves my butt well.
Hi. Non-profit CFO and treasurer of two non-profit boards here.
For a basic overview, you can get a book or two on Amazon. This one seems highly rated
I agree with /u/romad20000 that most concepts are the same and practically every non-profit will be different. Size of the org will dictate how complicated everything will be able to be. Restricted Funding is really the fundamental difference in budgeting and reporting to deal with. If the org has restricted funding, then all expenses and revenues will somehow need to be traced to the fund/purpose.
I'm happy to help answer more specific questions. I'm more familiar with US, but have some exposure internationally.
This one was suggested on a similar post a while back. I saved it to my Amazon list but haven't got to buying it yet. It's about a law firm but supposedly a lot of parallels to be drawn.
The Practice: Brutal Truths About Lawyers and Lawyering https://www.amazon.com/dp/1627220011/ref=cm_sw_r_cp_api_0ycuyb5W7B6FW
I use this adjustable stand from Amazon, as well as an external keyboard and wireless mouse. If I don't use it, my neck really starts to hurt after a few days from looking down so much. I don't know how everyone else stands it (no pun intended).
When the client has crappy chairs, I bring a lumbar support cushion or a small pillow to help.
Can confirm. I got this desk from Amazon as well and I love it. It’s on sale right now for $81. Its Chinese made, but good quality for the price.
Ameriwood Home Dakota L-Shaped Desk with Bookshelves (Black Ebony Ash) https://www.amazon.com/dp/B00HRYBYRU/ref=cm_sw_r_cp_api_-FD0Bb13HPCVG
https://www.amazon.com/Bostitch-Professional-Magnetic-Remover-40000M-BLK/dp/B0006HVU4M Try this kind of staple remover. Takes a moments to figure out how to use it without tearing corners but much more efficient than the claw style remover. Saved me hours of work last tax season
In the case of the big 4/firms you have to spin it around how you've felt with the people you've interacted with during the process. Either at the career fairs or something else. Then maybe find some piece of HR BS they did that you identify with.
My point is more focused on my current company, our entire interview process is focused on finding people that fit our culture model. The model is closely aligned with three virtues within the "Ideal Team Player" book. https://www.amazon.com/Ideal-Team-Player-Recognize-Cultivate-ebook/dp/B01B6AEJJ0
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Structure the conversation as a casual meeting with a mentor based around career growth. Explain the situation ask his thoughts and go from there. Be sure to have quantified next steps at the end of the meeting (set up meeting with Hr, operations & budget analysis or anything else.)
Borrowing from the book "Getting to Yes" walk in with your Best Alternative To Negotiated Agreement. Basically know what you're willing to compromise on and what you're not. Maintain the moral high ground by being reasonable and understanding of his position, know what you want to achieve and see where the middle ground is that allows for you to apply to this position without creating any issue in your current position.
Current Boss Says: I need you here You say: Absolutely, I'm not looking to compromise my dedication to the current position, how could we end up in a place where the next time there's an opening in reporting I can apply with your consent?
Current Boss Says: I don't think you have enough experience You say: That was my major concern, would you mind if we maybe talked with [Insert opps manager's name] and see if I am a possible contender or see which additional job responsibilities I need to take on to pursue this opportunity in the future.
you know .... human interaction stuff ...
Registered for my first engineering class. Was allowed to register for it. Came to class. 5 minutes later I'm heading to my advisor (she was a piece of shit by the way) because the professor got a list of people that didn't meet the requirements for his class.... I didn't even get to see the advisor. She was too busy.
Turns out my gpa dropped too low. I spent the next few days trying to figure out a way out of the mess. Next semester I changed from engineering to Ag-business management. My advisor for Ag-business spent 30 minutes talking to me in his office, most of which was about blue berry harvesting in my home county. Needless to say he let me switch under the condition that I bring up my gpa... Graduated with Ag-Business Management degree.
ohh and the advisor in ag-business that helped save my chances of getting a degree, I had him for a class like the next semester. I honestly can say I learned the most from that guy of anyone I had as a professor. He made us read "The Richest Man in Babylon" and because of that I started squirreling away 20% of my take home pay when I got my first job, and I've been shoving money (15-20% AT) into a Roth 401k ever since.
If you're as good looking as you say then I can't imagine it being that much of a hindrance. The poor social skills are not permanent. All it takes is practice and more life experiences.
Join some clubs/groups at your college. Follow up on your local sport teams. Find a hobby (this is also good for your mental/physical health). Read some self-help books if you're completely socially inept. I recommend The 7 Habits of Highly Effective People and How to Win Friends and Influence People.
I'm not an accountant, but that's the long term goal. I'm a student so I read a lot of textbooks.
My for-fun reading is non-fiction. Recently read Moneyball, Zen and the Art of Motorcycle Maintenance, Impact to Contact: The Shag Harbor Incident, and now I'm reading a book called Financial Shenanigans.
For fiction I like weird west stuff, fantasy and sci-fi
>On the other hand, someone pursuing art could find themselves hating it if they can't make a living from it at all. I wish I could find the article I read about this which totally confirmed my opinion, but I can't.
Whilst not an article, the book 'So Good They Can't Ignore You: Why Skill Trumps Passion in the Quest For Work You Love', is based on this theme and echoes quite well the points you're raising.
I'd suggest people with similar concerns take a look. It's a very light read with a strong message.
"The Intelligent Investor" by Ben Graham may interest you.
He teaches you his value investing techniques in which you spend a lot of time analyzing and digging into a company's financial statements.
For example: You analyze the items on a company's balance sheet to determine its adjusted "Net Asset Value" (using a bunch of techniques he describes in the book and some you can look up online) and compare that to the actual NAV. Basically you are transforming a firm’s balance sheet from historical cost to a reproduction-based value so that it more accurately represents economic value.
After that, you look at the company's income statement and statement of cash flow to analyze its "Earnings Power Value". This EPV calculation allows you to adjust income that a firm has already earned to arrive at an estimate of income that is sustainable in perpetuity.
After this step, you use the numbers that you calculated/analyzed and determine its "Growth Value" to determine the "margin of safety" of the company you are analyzing. You can read papers by Greenwald or Calandro (Value investors) to determine a method you are comfortable with in calculating sustainable growth.
After all of this analysis, you determine if the margin of safety you found is enough for you to be comfortable with in investing in the company you are looking at. If not, you continue using your screens (PE < 10, PB < 10, Div Yield % > 3%, etc.) to find companies that you want to evaluate using the methods I described above.
Hope this helps!
Handbook on Dispute Resolution is quite good as well. It takes a different perspective to negotiation than Getting to Yes, as well as other conflict management techniques as well. Getting to Yes is quite good, and was a strong part of my college negotiation class, but I feel that this book is quite good as well.
Other techniques such as mediation and arbitration are discussed as well.
The other perspective is a little diffucult to explain. The book is a collection of essays by experts on negotiation, therefore you get a wider range of opinions than Getting To Yes. other perspectives such as negotiations are rarely rational, and how what the other party wants can be an advantage to you are examples of some concepts brushed upon in the handbook not in Getting to Yes
TLDR; The Handbook on dispute resolution is good, but can be largely academic. If your going to read one book read Getting to Yes IMO.
>I had to make selections from a massive green bar booklet when I was an audit intern… in 2015.
I started in 2009 and we had a client that would give us those green ledger sheets. Also, the oldest partner would print his general ledger reports to a dot-matrix printer (just like this) that printed on continuous computer paper with the perforated seems (here). I hadn't seen those printers since my elementary school days of the early 90's. It was a real throwback.
It feels like when I try to emphasize my leadership roles I create a long sentence that I feel might be too long for a resume, do you think to same?
The numbers I dealt with during the school year weren't exactly eye-popping, maybe $30-60 dollars I would I have to account for during fundraising and events. Do I still mention this amount?
I listed the specific courses that I felt I would make an impact. I'm not sure how this list presents its self, is it to difficult to read/skim through?
For excel, do I need to display more that just "highly proficient"?
Thanks for your comments/suggestions again
Have you ever considered marketing finance and doing some sort of data analysis?
You could get a data analyst nano degree from something like Udacity and then pivot that way.
My last job let me keep my Amazon basics headphones. They sell for $9 new.
How about getting a custom heat sensitive photo mug with this design? Lol
That means the picture appears when you pour jn the hot water.
This should get you through most of the internship
I saw this during COVID and thought it was hilarious. My husband and brother-in-law looked at me like I had lobsters crawling out of my ears.
That’s when I realized I am an accountant.
Wow…to say your company is behind the times would be an understatement. I’m no stapler expert but you need something with heavy duty staples. Try this I guess
The Big Four: The Curious Past and Perilous Future of the Global Accounting Monopoly https://www.amazon.com/dp/B07DKTQ1N5/ref=cm_sw_r_cp_api_05JTN6DVNGWEHYATPXG4
This is a great book about their history.
You should consider including arguments for both sides. There’s a book called unsettled that covers this topic really well. I’m not going to claim to summarize this or that I agree fully with him. But I definitely try to seek as many perspectives as possible especially with something as difficult as climate change. It’s a great read that even covers how governments go about making decisions related to this topic.