20. Why I left public accounting?
I was lucky when I entered the profession, it was the last year whereas a 4-year accounting degree meant that you could sit for the CPA exam. The supply for…
19. Billable Time – Is it difficult to bill 8 hours a day?
Yes and yes. I always struggled with this and keeping my attention can be difficult. I primarily work for myself now, so billable time is much easier for me now…
18. Leases – How does the accounting work or doesn’t it work?
Depending on your age you may remember Enron, the company that was masterful at hiding significant off-balance sheet liabilities. Bad case of obvious manipulation, but adhered to GAAP (for the…
17. Excel – How important is it?
I think it is very important, however, its significance is decreasing each day. I have always enjoyed a good spreadsheet. It is very likely that if you are an accountant…
16. Payroll – Do I need to learn this?
Yes. It has been my experience that employees that are the worst at math can do payroll calculations. It is absolutely vital that you know how it works and the…