Governmental Accounting | CAR CHAT
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- Опубліковано 27 сер 2024
- Open for all the info!! 🖤
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Hi y'all! In today's Car Chat, I'm sharing my thoughts on Governmental Accounting!
Please let me know what other topics you want me to chat with y'all about in future Car Chats!! And remember to Enjoy Your Journey y'all!
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Heaven's Audventure / @heavensaudventure
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♡DISCLAIMER♡
All opinions are my own and are from my personal experiences/ observations. They are not on behalf of any company. I'm just sharing to provide a different perspective. Base your opinions on what is true for yourself.
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I work as a tax auditor. This vid is pretty accurate about it overall. We don't make the same amount as in private/public but the work-life balance and benefits more than make up for it. If you really wanted to boost up your income while working in government you could always just do a non-accounting/tax related side hustle or start a non-accounting/tax related small business. For me personally, I would definitely not sacrifice the work-life balance even for a higher salary. Just not worth it to me.
I work for a municipally owned utility company. We follow GASB and FERC Accounting. We work a lot different from normal city functions but still follow the GASB basics. There is a work-life balance, which I love. The two most important times of the year are audit and budget. There are times when I work more than 40 hrs a week, but it's not a big deal. Stephanie thank you for explaining this so well. Not a lot is said about Governmental Accountanting. It's not as glamorous lol
Thank you for sharing your insights! Definitely still a very important part of accounting!
Thanks for the shoutout girl! I absolutely love my position as a State Auditor so if anybody has any questions about working for the state - let me know! I did an upload a couple months ago talking about our busy seasons and earning compensatory time instead of overtime so that may help any curious accounting minds that are trying to decide which route to take in this big accounting world. We are also pushed to get the CPA license - something many people don’t realize. Haha thanks again, Steph!
Any time love! And thank you for sharing your insights, so very needed for this community 💗
I am so grateful for people like you sharing your experience(s) in accounting. Thank you. :)
I'm taking governmental accounting now and it's a pretty easy and chill course. I may or may not consider it down the road as a career. I hope you and Juicy are doing okay, there are always parts of our lives when we go through hard times, but remember there is always a light at the end of the tunnel! :)
Thank you for the reminder love! I see the light and I know just a little more until all smooths out again! Juicy is great and out of her cone 💗
I'm a governmental accountant and myself and coworkers make well into the 6 figures. We always get back pay for when there is a shut down and that stuff about there being a limited amount of funds available to pay accountants is laughable. I've talked to CPA who work 3 times the hours I do and make less as a whole not to mention on an hourly basis the pay is very poor compared to government accountants.
What’s the background of your position? I just started as a staff at a public accounting firm, and I’m not sure where I want to move my career after putting in a few years at my current firm and getting my cpa
@@jackmeddling I started as an auditor with the Inspector Generals Office and then transferred to an accountant position after three years. I also got my CPA.
I plan to be an entrepreneur so I’m going to work in governmental accounting / finance sector and start a business as a side hustle
Thank you, very much for your insights! I am still a junior in college and noticed that it was an area that hasn't received much attention (in relation to public accounting) in my professional development course.
I'm currently taking a governmental accounting class right now, and it is killer lol. Probably doesn't help that the class only has about 5 weeks left and the professor still hasn't posted a lecture for the FIRST chapter (it's an online class)...but still, it's interesting to try to sort through GAAP vs GASB rules and procedures. I'm hoping it comes to me soon hahah.
Loving the car chats!
Oh wow that's a long time in between hehe I'm sure it'll click soon enough 😁
Thank you! I got part up in one all the other aspects and felt it wasn’t a good fit because of the hours! Specialization is better for my design. New sub! 🖤
OMG I love Heavens videos!!
Thanks for making a video, there is really no one who has made government accounting videos that I want to click on. This is what I want to do.
Once you land a higher level GS you will make bank. Also the pension is great 65% of your high wage.
Thank you for sharing, this is very helpful info!
@Mike that is not true for federal government. It is 30 plus a percent for each year in excess of 30 years.
Really enjoyed this video!!
Hello Stephie, what tips would you give to someone who (hopefully) is going to become first year senior in public accounting next year? Like how to deal with managing a small team of staffs and dealing with the managers. Thanks!! Hugs from Spain
I have been meaning to do a video on what it was like being a senior so I'll get it filmed soon! Thank you for watching and I hope to visit your pretty country one day!
@@WithStephieThanks for your reply! Yeees you should come! It's great for tourism :) xx
can you get into government accounting without an accounting degree or unrelated degree? if so how do you go about getting a foot in the door?
Helpful video! Thanks :)
Is it harder to land a government job vs. private vs. public?
I would say government jobs aren't as hard as private because they just say for fderal gov gain at least one year or less of accounting experience private they are looking for a really good experience accountant maybe little harder than government when it get to doing you job
@James you have to be3 in the right place at the right time. It helps if you are a veteran or a minority.
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