Public Accounting Is Toxic
3:53
I Can't Do This Forever...
4:20
2 ай бұрын
2024 Busy Season Recap
4:54
2 ай бұрын
Is Busy Season That Bad?
5:10
3 ай бұрын
Tax Season Update
2:52
4 ай бұрын
2023 Financials Q&A
7:35
5 ай бұрын
2024 Busy Season Goals
5:22
6 ай бұрын
Shoot Your Shot, Accountants
5:21
Accounting Profession CRISIS?
5:51
Accounting Is Cool
5:25
8 ай бұрын
Do You Need To Get A CPA?
5:47
10 ай бұрын
How Much Should CPAs Get Paid?
4:18
It's Do Or Die For My Firm
3:50
Жыл бұрын
Пікірлер
@AccountingConversations
@AccountingConversations 15 сағат бұрын
This is too funny 😂
@Jgibson092
@Jgibson092 22 сағат бұрын
Why are you using the term "income" when you have not deducted your expenses. Those amounts you referred to as "income" was your revenue.. You should use proper terminology, "take home pay" is your actual income because that was the amount that netted the revenues and expenses.
@taxtelegraf
@taxtelegraf 21 сағат бұрын
@@Jgibson092 you should take some accounting classes
@backseateats9513
@backseateats9513 Күн бұрын
I just got my cpa is it worth it Hell no 😢 a bad spent $6,000. If you don’t want to be an accountant don’t do it. There are seniors with no cpa making more than me It’s who you know and who’s ass or balls you kiss to
@v-2010
@v-2010 14 сағат бұрын
That’s not what it’s about. Assuming you’re in public. You’re obviously limited to senior or maybe manager with no CPA. So there’s that. It’s also very difficult to move without a CPA once you get into the 6-figure range unless you’re lucky enough to have a client who really likes you. CPA opens doors. That’s really what it comes down to.
@mattchampagne4578
@mattchampagne4578 2 күн бұрын
CPAs should get crazy benefits. To me, it is the most boring, respected intellectual job.
@Nothing-gw2fb
@Nothing-gw2fb 3 күн бұрын
😆tAKE the leap .. wait🤔
@cprendiville
@cprendiville 3 күн бұрын
I feel like the end of your video contradicts your entire video. CPA helps you get more credibility, a better job, foot in the door for jobs you can't even have without it but they need to give you reasons to get a CPA. How is it that job security and better salary are not good reasons to become a CPA?
@taxtelegraf
@taxtelegraf 3 күн бұрын
@@cprendiville I'm presenting my experience after explaining why it might not be worth it. Trying to present both side.
@merc340sr
@merc340sr 4 күн бұрын
Very few jobs for accounting grads...
@Shackerrrz
@Shackerrrz 4 күн бұрын
There is a similar issue here in the UK. The best ambitious university graduates aim for the top tier firms, forced to work outrageous hours for very mediocre pay, and risk getting fired if they fail their ACA exams because they're too busy trying to hit their filing deadlines. So many talented people are fired from the profession and then the firms complain that their remaining staff leave at the first opportunity post-qualifying for industry roles / other careers. The whole thing seems to be a pyramid scheme built on the sweat and grind of talented graduates while partners can often barely type an email.
@raysxdigital2795
@raysxdigital2795 6 күн бұрын
120k year is ideal considering difficulty efforts and money we spent on CPA + there are hell lot of taxes in US so 120K is worth the effort i had offer of 60K USD from USA being CMA and CPA perusing , but i chose Dubai where i got tax free 80K USD . and its lot of savings for me in India so better then USA
@Swagtastic22-r9l
@Swagtastic22-r9l 6 күн бұрын
Good idea, hire a cpa and pay above average for my business
@SumeetMulay-ot6zs
@SumeetMulay-ot6zs 7 күн бұрын
Hi Logan, I'm Sumeet from India I'm thinking of pursuing CMA(US), IS there really a job scope in US or should i pursue EA i can pursue both as of interest so can you please tell the practical situation of CMA in US Please 🙂
@Shuhaib_see
@Shuhaib_see 8 күн бұрын
Hell what?!?! Am a genZ who attracted to this course 😮 Am I going to get sucked in future ?!
@tanner.bellamy
@tanner.bellamy 8 күн бұрын
Currently binging the vlogs. I am stealing this idea to help start my content game as well
@taxtelegraf
@taxtelegraf 8 күн бұрын
It's a good start!
@tanner.bellamy
@tanner.bellamy 8 күн бұрын
"Almost the size of the sun" I lost it here 😂
@chaytonfarlee635
@chaytonfarlee635 10 күн бұрын
GAAAARRRRRYYYY! Let’s freakin go Logan! You are killing it!
@taxtelegraf
@taxtelegraf 8 күн бұрын
Thanks, Chayton!
@joejackson7140
@joejackson7140 10 күн бұрын
Thinking about switching careers from the F&B industry. Was in the culinary arts for.17 years. Meeting with a counsler and my first ever accounting techer next week to talk abour it
@taxtelegraf
@taxtelegraf 8 күн бұрын
Let me know if you have any questions!
@user-to8bz1rw1u
@user-to8bz1rw1u 13 күн бұрын
How bad is life as CPA? My mom wants me to go into the career and I am looking into it, but everyone says it a horrible.
@taxtelegraf
@taxtelegraf 8 күн бұрын
It's getting better! You just have to find a firm that cares about people over profits.
@julianlee9794
@julianlee9794 14 күн бұрын
Hey Logan, you and Gari seem to make a great team! That being said, what's the long-term plan for you, Gari, and the company? Would you promote/partner-up and hire a new preparer (expand the company)? Or wait until Gari moves on to his next big opportunity to hire a new employee (remain boutique)?
@taxtelegraf
@taxtelegraf 8 күн бұрын
I'm creating an opportunity for him to level up as much as he wants!
@nicholasgiunta337
@nicholasgiunta337 16 күн бұрын
Just graduated from my masters program and was able to pass 3/4 so far. I start work full time in October(big 4) and will get in one attempt at FAR before then. FAR is so overwhelming honestly
@taxtelegraf
@taxtelegraf 16 күн бұрын
@@nicholasgiunta337 keep it up! You can do it!
@MatthewatCourseCareers
@MatthewatCourseCareers 16 күн бұрын
Hey Logan - We sent you an email about a paid partnership. Did you get a chance to read it yet?
@taxtelegraf
@taxtelegraf 16 күн бұрын
Please DM me on LI, I probably deleted your email.
@gpmvtcmdarro
@gpmvtcmdarro 17 күн бұрын
I thought this was Canelo😂😂😂😂😂
@tarunpandita4263
@tarunpandita4263 17 күн бұрын
Congrats dear ❤❤❤ lots of best wishess
@pearlivory3483
@pearlivory3483 18 күн бұрын
I graduated in 2012, didn’t have enough credits so I did a masters program while working and started studying in 2015. I passed BEC and AUD but life just took over….. now it’s 2024. I’ve been a manager and started my own side practice… looking to try again… I don’t need it necessarily, I’ve been able to make $130k without it… and I tend to stand out with my work compared to those who have CPAs but horrible people skills… my goal is to start a family and switch over to part time consulting and work at a high billing rate. Think the CPA would help me achieve that. And I’d probably want to become an accounting professor later later.
@blitzeazy
@blitzeazy 19 күн бұрын
It is not only a US problem. I am from Malaysia and it is the same thing. Low pay, high workload, long hours, compliance heavy, low tolerance for mistakes. Anyone thinking of doing accounting please reconsider. 20 years in accounting and finally decide to leave.
@143Nawin
@143Nawin 19 күн бұрын
Can a school degree owner start CPA or can be a CPA licensed in USA,if yes how long does it take. Thnx
@taxtelegraf
@taxtelegraf 18 күн бұрын
You have to have 150 hours with 30 grad hours of accounting to take CPA exam in most states.
@Tim_Krause
@Tim_Krause 19 күн бұрын
Congrats! Welcome to the world of management/leadership. Like any skill it can be learned and it's a great skill!!! Congrats!
@amitozsingh2124
@amitozsingh2124 20 күн бұрын
i feel great that i have subscribed to you ,
@seananderson9598
@seananderson9598 20 күн бұрын
damn boutta be halfway thru community college to transferring to instate university for accounting to become a cpa one day. path doesn’t sound easy but glad i found your channel
@RomeoHatesShrimp
@RomeoHatesShrimp 20 күн бұрын
Huge W
@MoetheCPA
@MoetheCPA 20 күн бұрын
is Gary fully Remote? or so you work in same office?
@taxtelegraf
@taxtelegraf 20 күн бұрын
@@MoetheCPA Gari is full remote in a different state!
@yoel8543
@yoel8543 20 күн бұрын
@@taxtelegraf Is it hard to train someone remote?
@taxtelegraf
@taxtelegraf 20 күн бұрын
@yoel8543 it takes longer but it's not bad
@LoganAllec
@LoganAllec 20 күн бұрын
Hiring is the only way to have a business worth having. Otherwise, you just have a job. It's frankly shocking how many tax biz owners are STILL in production after decades of owning their own firm. The only way to growth and getting one's time back while making more money is to hire quality people.
@MoetheCPA
@MoetheCPA 20 күн бұрын
very true, so hard to handle all the things yourself and its boring lots of time
@iancormie9916
@iancormie9916 21 күн бұрын
Yhe rnginerring community is the same. University is hell for most Engineering Students and in the end, ine hss to ask if, the effort is worth it.
@ericpaye9487
@ericpaye9487 21 күн бұрын
CPA here graduates from big 4. I don’t care for accounting but I’m good with the life style it offers. So I do bare minimum for work, I build my own wealth with the rest of my time
@hollowgonzalo4329
@hollowgonzalo4329 22 күн бұрын
A quick Google search shows that the 150 credit hour requirement became standard around the mid 80's or so exactly around the time period that the last of the boomers would've been graduating college. Now 75% of CPA's are still baby boomers in 2024. Old fuckers pulled up the ladder is what happened.
@taxtelegraf
@taxtelegraf 8 күн бұрын
It does feel that way
@mikehansonbryan5365
@mikehansonbryan5365 23 күн бұрын
At least one of the big 4 firms has specified in their job postings that the EA is on equal grounds with the CPA and BAR exam (for Tax, at least). Two of the other ones are a little vague on it, and one has made it clear that only the CPA counts (strange world now).
@loujon191
@loujon191 23 күн бұрын
Was the point of this video I’m cute?
@taxtelegraf
@taxtelegraf 23 күн бұрын
@@loujon191 🤫
@ltlwatcher
@ltlwatcher 23 күн бұрын
Remove the 150 hour requirement. Accounting is not an intelligent profession to begin with.
@taxtelegraf
@taxtelegraf 23 күн бұрын
@@ltlwatcher 🤣
@worldtraveler436
@worldtraveler436 24 күн бұрын
What is the salary of a CFA
@taxtelegraf
@taxtelegraf 23 күн бұрын
No idea
@worldtraveler436
@worldtraveler436 23 күн бұрын
@@taxtelegraf I'm from India if I want 70k dollars per month so what course should I persu
@daklord
@daklord 24 күн бұрын
Honestly, it comes down to decades of terrible treatment from Big 4-5 and other major public accounting firms that took their approach as the norm. All the discussions that EVERY student accountant heard as they were studying were true: 1. terrible hours 2. treated like children 3. ridiculously low pay considering the bachelor and designation requirements 4. having to still study while working (even after designation) 5. New emerging industries (like tech) AND old blue collar industries that began to pay just as much or significantly more for less effort and time I'm just surprised the industry didn't collapse sooner. However, the silver-lining is that for people who are still around, many of their salaries have gone up a decent amount because of all this shortage. TLDR you reap what you sow public firms.
@ccagle17922
@ccagle17922 24 күн бұрын
CPA is the prestige credential. A CPA has proven competence through education, continuing professional education, experience, and testing. This is not true for EAs and non-credentialed persons. I have found that CPAs overall are much more ethical than non-CPAs. I have been a CPA since 1971.
@psychickumquat
@psychickumquat 26 күн бұрын
Three things: low pay, poor work life balance, and too clumsy to get a CPA license. First and second are pretty obvious; no one wants to work 60+ hours a work on the regular for slightly more than a similar industry 9-5. Third one baffles me. Why we don't have a federal set of standards for CPA licensing requirements is insane. On top of that, the current procedure for getting a license is expensive and clunky. $1000 just to take some exams isn't money a lot of prospective exam takers have, let alone expensive review courses and material. Until the process is modernized, people will continue to avoid becoming CPAs altogether.
@brettstroder1276
@brettstroder1276 27 күн бұрын
Can't relate - didn't have the luxury to take a year off due to industry change after 26.
@Naveed_Ali_Apollo
@Naveed_Ali_Apollo 28 күн бұрын
I'm doing a bachelor's in accounting, how can I move to the US.
@zachz699
@zachz699 28 күн бұрын
An accountant not realizing the profit they make doesn’t match the amount of work they do is the most ironic thing I have ever heard in my fkn life 😂 Also have you ever considered being a model?
@huansmart
@huansmart Ай бұрын
I was a master of accounting from a top university and a CPA. My 1st big 4 tax job paid me 54K/year in 2019 plus long hours and toxic bosses. I left after 1.5 years for industry. I’ll never go back to public accounting when I have a choice.
@raysxdigital2795
@raysxdigital2795 6 күн бұрын
i worked in Dubai UAE , i came from Paper and pulp industry to Firm and i can relate to your comment very well, Firms culture is painful
@jazzyj6640
@jazzyj6640 5 күн бұрын
That is not enough. Wtf!
@weiduoduo
@weiduoduo Ай бұрын
Did you study accounting as an undergrad as well?
@taxtelegraf
@taxtelegraf Ай бұрын
Yes!
@fidelcashflow7057
@fidelcashflow7057 Ай бұрын
I live in the metro Atlanta area and just graduated college in December. Then I completed an internship with a public accounting firm which I have 3 really good references from but could not go full time as my dad is a client. Now I have applied to over 60 jobs and had multiple interviews which I thought went really well but can’t find a single one who will take me. There must not be a shortage
@taxtelegraf
@taxtelegraf 8 күн бұрын
I've been hearing this from others as well...
@fidelcashflow7057
@fidelcashflow7057 7 күн бұрын
@@taxtelegraf any advice? I am starting to lose hope and am considering trade school
@rpmen
@rpmen Ай бұрын
The dance at the end FTW
@EricaBerry232
@EricaBerry232 Ай бұрын
Cheers you sexy cpa! 😉
@TumboMedia
@TumboMedia Ай бұрын
I got 3 semesters left before I get my bachelors in accounting. I’m planning on my masters and getting my CPA. Should I start studying for my CPA exam now ?
@taxtelegraf
@taxtelegraf Ай бұрын
When are you going to take the test?