Every post I’ve seen, article I’ve read, and people I’ve talked to tell me that they leave public accounting after their 2 year CPA required experience is done. Why is this? I have seen no benefit to staying in public accounting besides the realm of different things you get to do. Does anybody like public accounting? Any tips? Examples?


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    I’m an accounting rookie. I have a small business with some fixed assets for furniture and equipment, which I need to revalue. If I Cr that asset account for "Furniture", what would be a typical offsetting Dr entry?

    Do I like Expense it as "Devaluation" or something. Or if I’m totally an idiot, please just tell me what people usually do.
    Help is appreciated.


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      My next semester, i am planning to intake one of accounting course which are "Financial management" or "Mangement Accounting" can anybody explain career scope & study are of those two subject therefore, i can make my mind to choose one of it.


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        like learn to be able to read financial report, doing taxes for small business etc… something general. Not hardcore accounting like the Chartered Accountants. Any good books out there? also how do you learn about law as well without studying law at law school? like about business contract law, etc… law related to business matters. Thank you.


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          What differences exist between periodic and perpetual inventory accounting?
          Does periodic still have a place in current day accounting?
          Which method would you use to have the most meaningful decision support information available?


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