6 THINGS I WISH I KNEW Before BECOMING an ACCOUNTANT (Auditor)!!!!

[@theophileandoh1554]

Thanks for sharing with us these insights.

[@isabelsanchez1852]

Me gusta tu pasión por lo que haces. El balance entre familia y profesión es muy importante.

[@BreakingTheCycle]

Isabel Sanchez yessss! Tienes toda la razon! Eso es de lo mas importante 🙌🏻🙌🏻👍🏻

[@amerbakodah1153]

Lol that taxes thing is so true!!

[@leboriahchavez7198]

Wow thank you so much for this video ! I am starting my big 4 audit internship in January and I keep watching on busy season videos but you’re video was so helpful !!! May you continue to succeed

[@BreakingTheCycle]

Thanks! Enjoy your internship! Make sure you show them that youre eager to learn and never be afraid to ask your seniors any questions

[@dabananaking09]

I have a couple of questions for you. When you start a new accounting job as someone who just graduated, are you given training for the job or are you expected to already know what to do from school work? Would you say that it’s okay to not know everything about accounting when you graduate and are looking for a job? My concern is that I had good grades but I don’t consider myself the most knowledgeable. Thanks!

[@EpiclyFamous]

College is exposure, job is training.

[@zizuasofficial9291]

Im a 17 year old senior at my high school. I really love math. I love counting and adding up all sorts of numbers and finding sums. I would always recheck constantly to make sure its correct too. I never really knew what I wanted to do with my life for college but now I feel like this is my calling. Any tips to help make my accounting journey easier?

[@BreakingTheCycle]

Zizuas Lee wow, its great to see that you’re focused on your future. You’re already one step ahead! I would definitely suggest you do your best once you’re in college and as always keep your options open and take different classes to venture in different areas. With accounting you’ll definitely do a lot of finding sums, and ensuring accuracy in all your work. One big thing that will put you ahead if you pursue accounting is learning how to use excel at a proficient level. Excel is your friend! Take all factors into account when choosing your career! Good luck in the future!!!

[@briannasmith780]

Do Cleps!!

[@zizuasofficial9291]

@@briannasmith780 what is cleps? Im sorry im completley new to this. But this is my first major choice. Please educate me

[@unodos858]

Don’t get into accounting

[@vegaswoman7020]

Im in school for Accounting and Im thinking of Doing Auditing. 😬📈📉📚

[@BreakingTheCycle]

Good stuff! Check out my other youtube video; i have a “day in the life of an accountant” that will give you the whole experience of what we do as public auditors.

[@tylerjudd3656]

Loved the video! So you answered hours about busy season. What is it like during the other months?

[@BreakingTheCycle]

You’ll still be doing your Q’s (quarterly reviews) from 9-5, sometimes you might stay a little late but thats just the name of the game. Hopefully this helps! Theres always work to be done

[@arifsnow2714]

Can you change to accounting (do an ACCA) after you have done a BBA in Marketing?

[@DreamFirms]

This would help people who wants to study accounting! Great video!

[@BreakingTheCycle]

Thanks for the feedback!! Appreciate it

[@Nick-hh4vw]

I wish I understood the intensity of busy season before I got into accounting. Been in audit for 3 years now and trying to figure out a career change 😂

[@hollisbourne-frye714]

Thank you for the video it was very helpful. My questions are as follows: 1) Do you need a bachelors degree for Audit accounting? (I’ve been to college before and have my bachelors but in a completely different subject so I’m just trying to get a sense on if I need to sit through this CPA audit exam + 4 more years of school) or would it be possible to get the training in an associates degree and still be considered for job opportunities in auditing / accounting? 2) How do you find a good accounting firm to work for? What Criteria should I look for here? Etc. 3) Is it more beneficial to do work more hours with public or with private companies? Thank you for your help I’m now subscribed to your channel

[@BreakingTheCycle]

Hello: 1) difficult to say, i think they need a bachelors in science in accounting and at lest 150 credits (so they know you are going for your cpa). 2)when i was looking for jobs i looked at all the major accounting firms. Obviously big 4 and some other ones in too 20 3) public accounting experience looks really good on your resume!! Many private/industry jobs look for 3-4 years of public experience before hiring you Thank you so much for the support! Hope it goes well

[@AKMarch01]

Thank you so much for the video! I am going to college but I wanted to get a bit of a headstart on accounting classes so do you know of any place online where I can get good introductory classes to accounting to see if I would like it or not? Thank you!

[@BreakingTheCycle]

Lol i honestly got introduced to accounting in college. I think financial accounting was the class theres def a bunch out there but this is where i found mine

[@AKMarch01]

@@BreakingTheCycle thank you so much!

[@eduardo42897]

What's the most difficult task in accounting?

[@BreakingTheCycle]

Once you get more experience, you’ll notice equity can be a bit complex depending on the company’s transactions, debt can get difficult (at times depending on the contingencies if they have any). Derivatives, inventory can be extremely difficult, i have a job where only the manager works on it and is supervised by the partner. You’ll get used to it after a while.

[@eduardo42897]

@@BreakingTheCycle thank you man I'll start looking into those topics

[@prettyparadoxicalwoman8285]

how does a person keep a job long term.. what are the firms that hire accountants in miami is there big ones like new york that you know of and their names please

[@bouazzahbrahim2412]

Hi, im from morocco and im new in america, so i will want to be accountant i don't know where i begin and i don't know what i do,you can give me some information or détail what should i do,thanks for help

[@jakefrom7706]

Hey!! Love the vid man. Do accountants get paid the hours they put in on late nignts like u mentioned.

[@BreakingTheCycle]

Unfortunately we are salaried employees, so no per hour pay. If that was the case i think we would be millionaires lol. Im sure there are accountants out there that get paid hourly, but not too familiar with ones in public accounting

[@BreakingTheCycle]

consider subscribing :). I added a new video about what first year staffs do

[@emilylucero9470]

This was very useful 👍

[@BreakingTheCycle]

Emily Lucero great! 👍🏻

[@sebastianmelo6217]

The Riveras ¡Excelente video! muchas gracias por la información. Quiero preguntarte tu opinión porque me han recomendado New York City, soy de argentina y estoy investigando acerca de un país para irme a vivir/trabajar de contador porque mi país, lamentablemente, está cada día peor. Tengo 23 años, me recibí el año pasado de contador y ahora estoy cursando una Master in International Accounting, el cual terminaría a finales de 2021, trabajé durante 2 años y medio en una firma de auditoría y ahora estoy desde hace casi 1 año en una firma en el cual hacemos contabilidad e impuestos de empresas y personas físicas. ¿Crees que tendría posibilidades de conseguir un trabajo bien remunerado o al menos en 70k como dices en el video? desconozco si los extranjeros tienen las mismas o menores posibilidades. Muchas gracias y disculpa por la longitud de mi comentario ¡Saludos desde Argentina!

[@deny49676]

What advice would you give to someone who will be graduating from college with an accounting degree, and is still deciding which accounting job to pursue? ( for a beginner)

[@BreakingTheCycle]

That honestly all depends on you. For example, i am an auditor for a public accounting firm, and i work A LOT. i cant stress the fact that working at a public accounting firm will be a lot of work that will take up a lot of your time. Regardless, if you like this type of lifestyle then go for it. The tax side in a public accounting firm is generally the same as audit (work wise, if not a little more). You can also go the private way and get your experience there, or vice versa (go to public accounting for a few years, get your CPA and then go to a private company). Also, consider subscribing to the channel if you can! thank you for the comment

[@kylewilliams654]

Is there enough time to do both Audit(as your main gig) and have a side LLC doing taxes? Seem like there would not be, seeing that busy season is between Jan.-April. Curious though. Thanks

[@BreakingTheCycle]

Hey, unfortunately that would be close to impossible. Unless your clients can see you at like 11pm 12am? Lol its a bit tough to do both tbh i dont see that as a realistic side hustle unfortunately

[@ellene.8558]

What is the working hours in the second half of a year?

[@loknathchakraborty4779]

Can I take some classes at a community college after graduating with an accounting degree to make up those missing 30 credits to sit for the CPA exam? I could go for a masters as well but that's too much work lol

[@BreakingTheCycle]

Lol not too sure about that, most people just go for the masters

[@vidjaclips7217]

Hey, currently attending ramapo majoring in accounting. You know anybody that went to ramapo and found some success in the field?

[@BreakingTheCycle]

Al Souda hey, i knew someone who attended ramapo but they were in a different field so i wouldn’t know to be honest. Have you spoken to any of the juniors/seniors in accounting to see how they are doing and if they are likely to get a job after college? I mean, definitely a bit more difficult now with social distancing but that would be a thought.

[@adrianjimenez1218]

Kind of a late question . But how is your personal life in regards to your work life? Do you have time for your family or does work kinda overburden you

[@BreakingTheCycle]

Adrian Jimenez during busy season it definitely decreases my time with family. A LOT. You definitely need a supportive family and supportive friends. There will be a lot of times where you cant attend birthday parties, special events etc. cause you have work.

[@adrianjimenez1218]

The Riveras that’s my biggest concern with accounting, to me family is the most important thing and just having time for all those things is important to me

[@BreakingTheCycle]

Adrian Jimenez yeah thats gonna be tough being a public accountant. You can still be an accountant working 9-5 at a regular company. You dont have to work for a public accounting firm

[@adrianjimenez1218]

The Riveras Thanks for the advice carnal!

[@joshuakimotho5413]

How many days a week do you work. I can’t imagine working busy season hours 7 days a week

[@BreakingTheCycle]

During busy season we work 6 days a week

[@bluerose124]

What do you wish you paid more attention to while in school?

[@BreakingTheCycle]

Assertions, in depth view of financial statements, equity (understanding warrants, common stock , convertible debentures etc). The job will definitely teach you most of it

[@bluerose124]

@@BreakingTheCycle What did they have you doing your first day?

[@BreakingTheCycle]

@@bluerose124 first day was more of an orientation, free lunch, meet the partners, and A LOT of paperwork (health insurance, taxes etc..)

[@bluerose124]

@@BreakingTheCycle what about the first week?

[@thecontinental8978]

I suggest MBA over CPA due to the hours a CPA works.

[@BreakingTheCycle]

Im not a cpa and im still working crazy long hours. It all depends on what industry and if you’re public accounting or just work for one company. Definitely once you get your cpa you’ll be more valuable and possibly work more

[@ellene.8558]

@@BreakingTheCycle Will you take the CPA exam?

[@BreakingTheCycle]

@@ellene.8558 yeah

[@eildc9682]

can u take cpa with business administration?

[@MoeS27]

If you don't mind, What's your firm name? And do they pay you for 15-17 hours long shift?

[@BreakingTheCycle]

Brown King hey thanks for the comment. Unfortunately i cant disclose that info

[@MoeS27]

Not a problem at all. Out of all the KZbin video I’ve seen, your one seems fair work loads and environment than the others, that’s why I’ve asked to apply for a position there, but it’s all good man.

[@BreakingTheCycle]

Brown King btw we work on salary

[@thatwastakenagain]

Hi, I have a fin degree from SFSU 1 I want to find a stable industry to get into do you think its worth it to move into internal audit? or is there another department I should eye in accounting? I am taking classes to qualify for the CPA 2 which parts of accounting and auditing is hardest to automate?

[@BreakingTheCycle]

Jonathan L hey, so im assuming youre taking classes now to get your masters in accounting right? Also, when you say internal audit i am going to assume you want to work for a private company (private company meaning a company other than a public accounting firm) and not public accounting. 1) audit, to me, is more interesting just due to all the research you have to do. Just keeps it more interesting for me. Since i work in public accounting we mainly have auditors and tax personnel. I am not a tax guy so i’ll just say stick with audit. 2) the most difficult area to automate would be the auditor’s judgement and professional skepticism. A computer will not be able to do that anytime soon (hopefully lol).

[@thatwastakenagain]

@@BreakingTheCycle 1 what does it take if its not a masters degree to get into that, there is front end I heard and back end as in risk management I heard this from a banker

[@BreakingTheCycle]

Jonathan L not sure what you mean by front end and back end

[@thatwastakenagain]

@@BreakingTheCycle I'm not sure how to explain it either it just came up

[@BreakingTheCycle]

Jonathan L well best of luck on your journey!

[@_thesunflowerfairy_]

Hello from England. Any recommendations for degrees to take? Is a maths degree ok if I wanted to go down this path?

[@BreakingTheCycle]

A degree in general? I hear engineers are the way to go lol. Honestly before you look at money or what other people think is good, make sure you think about what YOU like. This will make your life down the line much easier

[@shemarjohnson6056]

Do you work on weekends?

[@BreakingTheCycle]

Yeah i do. Durint busy season January - april for the most part

[@shemarjohnson6056]

So it's only during the busy season ur allowed to work on weekends?

[@BreakingTheCycle]

@@shemarjohnson6056 not sure what you mean by allowed, but you will most likely have to work weekends during busy season. Not really when youre not busy

[@mkonwallstreet]

Is it hard to transition from being a audit to a senior accountant

[@BreakingTheCycle]

Not sure what you mean, i am an auditor and i am a senior accountant

[@prettyparadoxicalwoman8285]

how plausible is it to get a good accounting job in miami

[@BreakingTheCycle]

It is very plausible. Theres a lot of top firms there including the big 4

[@prettyparadoxicalwoman8285]

@@BreakingTheCycle awesome sauce thank you for replying your vids help!!!

[@BreakingTheCycle]

@@prettyparadoxicalwoman8285 always here to help!

[@tekemanuel.]

How can you become a public accountant

[@BreakingTheCycle]

You have to have a degree in accounting and then apply for a company that is in the public accounting industry

[@26concord]

Are u a CPA?

[@BreakingTheCycle]

Omar Mendez no, im not. Im actually taking my first exam on Jan 22 (FAR) so much info for just one test lol

[@26concord]

@@BreakingTheCycle Good luck, I took AUD Nov 15, but unfortunately failed with a 70. Retaking it in Jan also. You should make videos on how to study for the CPA.

[@BreakingTheCycle]

Omar Mendez youre right! That’ll be on my upcoming videos! And dont worry! You got it next time!!! Best of luck in your career 👌🏻

[@Chieffg]

how did you get internships for accounting while in college ? im currently in my 3rd yr at Kean

[@BreakingTheCycle]

James M nice! Honestly, rutgers had a platform where you can apply for internships and part time/full time jobs. Not sure if maybe your school has a platform like this, but if it does you can just start applying to as many internships and interview with as many companies as possible. If it doesnt have this platform, i would suggest going to the company that you are interested in website and see if they have internships available in their career section. I know the big 4 usually have many internship opportunities available so you might want to check these out. I would suggest googling the top 20 firms in nyc or wherever you want to work and apply to those companies

[@BreakingTheCycle]

James M hopefully this was thorough enough. If you need more info feel free to ask

[@rickygoboom5916]

Which Rutgers did you attend? I’m applying to schools and got accepted to Newark but I’m really waiting on New Brunswick. Which one would you say is better?

[@BreakingTheCycle]

GrandCulito i went to the newark business school. I had one friend who attended new brunswick and i remember we had the same classes and the material was almost the same, if not exactly the same. It would be totally up to you where you want to go tbh. I know Rutgers new brunswick is a huge school and with many people, unlike newark where there are less people unless you’re in their main campus where you will take most of your required courses like math and other courses. They’re both really good with all of their professors being PhDs and stuff. I learned a lot so i stand by newark 😁