Accounting Vs Finance

The longest hours for accountants will usually be during their time in public accounting. There’s a good amount of travel, frequently periods of extended hours including “busy season” which may be more than once a calendar year. What recruiters don’t let you know is that while most companies have a 12/30 12 months end and you’ll be really busy doing the year-end audit from say January to middle March, the “busy season” isn’t quite over yet.

In fact, you could theoretically be working “busy season” all year round. Many offices have clients who have March season ends, June season ends, and really any time they want. 4-5 weeks just to begin the same process on another client. Tax staff has different periods of busy time based on tax-filing deadlines.

The biggest peaks are January-April and on the other hand in the fall. The summers are usually quite lax unless you’re on some sort of specialty taxes consulting. The truth, it picks back in its history for soccer season can be disheartening as well up. Public accounting audit and tax can both be lumped as well as regard to hours since it really just depends upon the office and the clients you get staffed on. I’d say normally (using historic chargeability reviews) that the common week in big 4 audit or tax is 55 hours. With regards to the size of the office and the customers you have you may have hardly any to almost exclusive travel.

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If you’re on the F100 client and work there all year round, you receive leave the state except for nationwide training probably. Alternatively you can get placed on clients all around the US and sometimes not in the greatest places. Hotel accommodations are usually quite nice, as well as the typical per diem rendering it just a little easier. Out of town stays usually last between 2 and 5 weeks with the probability but not a guarantee that you can come back home on the weekends.

For hotel rewards point, you can’t use a Hilton/Marriott credit credit card to rack up factors but instead you have to use the business card (I assume for all companies, appropriate me if I’m wrong). Tax travel, if any, is usually much shorter than an audit. That is again, unless you’re in a specialty tax practice.

One of the most underrated benefits accounting has over financing is geographic flexibility. Accountants who make good money can live comfortably when they aren’t in a major metro like NYC pretty. Since there are offices atlanta divorce attorney’s major city, you can (somewhat) easily transfer from office to office. The expense of living advantage and the ability to move as you want across the areas without having to be fixated around a financing hub is attractive to many wannabe CPAs.

The work place in public accounting in general very good. Right away you’re working with young, ambitious, and intelligent people. You will more often than not be in a united team setting and how big is the group can really vary, but there will usually be about 2 seniors per manager and 2-4 associates per senior.

It can be dense at times because there are rigorous deadlines associated with audits (and tax). Unlike investment banking where deadlines can come away of nowhere (a real opportunity presents itself) the deadlines are usually known and can be accounted for. Day Rather than working around the clock to get revisions out before a gathering the next, audit teams have deadlines weeks in advance and have a lot to do to complete it over that span of time.