Hey guys,
Just wanted to keep you up to date with my accounting internship. Well really that's all I can talk about, seeing as this is a "school" blog and school is out for 4 months so technically, this internship will be my school for the next little while =).
SO anywho, man accounting is hard work. Especially working for Deloitte... Because those guys will work ya hard. One thing I noticed is that accounting firms have TONS of paperwork to deal with. Like stacks upon stacks of paper to be filled out and stuff, and after that they still need to be filed. Now, most of the stuff is already filed by Document Management System (read more about them here) so can you imagine how difficult it must be to coordinate everything. Unfortunately as the lowly intern, I have to do a lot of the filing... =(
Luckily, that's not all they ask me to do (otherwise I wouldn't be there lol). I still get to do other fun stuff like bookkeeping (yes, us accountants consider this fun!). Debit, credit, debit credit... And so it goes. A cool thing about this position is that I get to talk to a lot of clients and see their financial situations... And damn, what situations some of these people are in.
It's rather hard to believe how people can be so out of touch with their finances... How is managing your money so difficult when that is one of the most daily used things in your life? And damn, the sheer amount of debt that people and companies take on is astounding. Like mindblowing. Given the size of the company and the money they make, you wonder how they're ever going to pay it back... But they do! No question about it. Everytime I see one with a huge debt, I show my mentor but he seems completely unphased. "Typical," was his reply.
Ah, back to work tomorrow, more stories to come!
Good post until you reminded me I have work tomorrow too ahh
ReplyDeletebut i'm only 73 thousand dollars in debt!!!
ReplyDeleteSounds like you aren't having too tough of a time with your internship. I'm getting an intern here pretty soon, and he'll be much worse off haha.
ReplyDeleteSounds like a lot of work. Stay strong!
ReplyDeleteah debit and credit... these guys grow on you. ;)
ReplyDeleteI will admit, I have a spending problem. But my smart move....never opened a credit card! And thats how im being smart with my money!=) lol
ReplyDeletemeh u only live once. lets go crazayy
ReplyDeleteThat's awesome that you managed to get an internship.
ReplyDeleteI am pretty good about living within my means, even though it means I've had to move back in with my parents for awhile. My only debt is my student loans. After that I hope to keep it pretty manageable. Good luck with your mountains of paperwork.
ReplyDeleteI'm really happy there are people like you that find this stuff fun. If the financial world depended on people like me it would grind to a screaming halt.
ReplyDeleteLove your blogging work! Keep up the good work you make really good posts!
ReplyDeletewhy paperwork ? aren't we in a digital age ?
ReplyDeleteI don't even know what to spend my money on. Everything i buy not necessary for surving are cheap shirts and books.
ReplyDeleteLol oh boy, I wish I could do bookkeeping! Well, whatever works for ya.
ReplyDeleteGreat that you got intership
ReplyDeletePaid or slave labour? ;)
ReplyDeleteHey, the best stories and lots of interesting things can happen at the "lowly ranks". Have fun at your internship
keep up the good work!
ReplyDeletegood read, one day youll make alot of money with those skills!
ReplyDeletesounds like easy paperwork, have fun moving up the ladder
ReplyDeleteI hate that we live in a culture where we have to "manage our money" as if that is the most crucial element in our lives.
ReplyDeleteI actually aim to be at a point where I don't manage my finances, but I guess this is why people get in legal trouble later on.
ReplyDeleteI agree with banacek. It would be great if we could live in a trade based society. It probably wouldn't work but it's still nice to imagine.
ReplyDeleteI can only do basic bookkeeping...like managing my own litle amount of money...I would be too afraid to deal with huge numbers of debit and credit.
ReplyDeleteThis is great! but too expensive for me..
ReplyDeleteInternships are great experience and resume builders, nice job.
ReplyDeleteisnt accounting boring though?
ReplyDeleteLol. you should help me device a plan to repay my student loan
ReplyDeleteI hope you have success with your internship! I know you can get a lot of experience with them.
ReplyDeleteHmm interesting post more sometime soon
ReplyDeleteGratz on the internship! Hopefully they don't work you too hard even if you're the fish :)
ReplyDeletePRETTY EXPENSIVE.
ReplyDeleteOh, nice. I can't wait to finish school and gt a real job.
ReplyDeleteGood luck with all that, hope your not overcome by the stacks of paperwork.
ReplyDeleteThat's nice that you got it :) but I think it'll be hard work... Good luck!
ReplyDeletelive love laugh.
ReplyDelete$upported! get me back.:)
thefitmuscle.blogspot.com
good luck.
ReplyDeleteits tough being an accountant, been one for a year now!
ReplyDeleteI'm glad there's people out there that take an interest in this sort of thing, so people like us have someone to trust their accounts with.
ReplyDeleteAccounting is sure very tough, good luck!
ReplyDeleteSounds like you're having fun.
ReplyDeletemeh u only live once. lets get started.
ReplyDeletesuggest a scanning solution with OCR for all that paper... sounds like your having fun
ReplyDeleteI definitely try to keep overview of my finances, it can get out of hand pretty fast.
ReplyDeleteThat is pretty interesting. I'm going to do my best to never be in debt :D Going to invest in good stuff
ReplyDeleteAt some point in the past or in the future, debt has or will exceed credit, and we'll be entirely within an imaginary financial reality that is stuffed inside a second financial reality.
ReplyDeleteComplete economic black hole.
Hate hate hated filing. Especially in the case (which was most of the time) that I knew the files I was going through were overwhelmingly likely to never be looked at again. Felt so tedious and pointless.
ReplyDeleteDo they really pay it out or do they mostly get swamped and go down? :3
ReplyDeleteNaywho, people should be better with money. I agree. And we should usurp the federal reserve. viva la economic freedom~ Maybe I'll be a hippy... but I'm not bad with money. I that's a catch 22 somehow.
Oh and I gave you Award Spam!
I don't think I can ever be interested in other peoples debts...
ReplyDeletein their money however....
oh boy don't remind me..! ;)
ReplyDeleteHey keep up the good work at your internship!
ReplyDeleteSeems harsh!
ReplyDeleteI hope you're getting paid seeing as how you're doing actual work for them.
ReplyDeleteawesome cant wait!
ReplyDeleteCongrats, I've been working on my computer programming internship stuff all day
ReplyDeletegood luck with your intership
ReplyDeleteBest of Luck my friend, and yeah im with T. Rogers cuz it sucks to do all the work and not even getting a Thank your for your efforts
ReplyDeleteI never go into debt and I dont ever plan on it.
ReplyDeletewish i was rich enough to need an accountant :/
ReplyDeleteSounds like a lot of work, but it pays off :D
ReplyDeleteMy bro in law is an accountant. I don't see how you guys do it e.e
ReplyDeleteGood luck on your internship. Work hard and keep it honest and I'm sure everything will end up great for you!
ReplyDeleteWow! That sounds crazy! Life sounds very exciting, and I never thought I would say that about accounting! Haha. Good luck and keep us posted!
ReplyDeleteGood luck with all that.
ReplyDeleteDont go into debt.. its an ugly spiral into hell
ReplyDeleteKeep up the hard work ;D
ReplyDeletei always hated accounting
ReplyDeletenice i hate being in debt :(
ReplyDeletethat does indeed sound like a lot of work!
ReplyDeletekeep us updated, sounds really interesting but also hard :D
ReplyDeleteman thats intense, worth the work though
ReplyDeleteYeah the subject is pretty hard, stick at it tho, and soon you'll be rollin in ca$h! :D
ReplyDeletegood luck with that!
ReplyDeleteGood luck. Sounds like you're learning a lot. I can't talk too much crap about people w/ debt, I'm afraid, lol.
ReplyDeleteI'm happy for you and all.. its just, better you, than me :)
ReplyDeletenice man! yea im gonna do an internship soon too and im prety nervous
ReplyDeletegood luck!
ReplyDeleteAccounting..... :(
ReplyDeleteGood luck on your internship. There is nothing more important in joblife than a good reference.
ReplyDeleteive heard a lot of milionaires have went bankrupt 3-4 times before they finally got to where theyre at
ReplyDeleteHehe, interesting :P
ReplyDeleteOh looks like some hard work, keep it up though, good luck.
ReplyDeleteI plan on going bankrupt 3-4 times, surely. Problem is being a millionaire doesn't even get you health care anymore.
ReplyDeletegood luck. sounds like a great experience.
ReplyDeletehard work but i promise it will pay off.
ReplyDeletei hope you'll made it! good luck
ReplyDeletegood luck on your internship
ReplyDeleteGood Luck!
ReplyDeletenice going, try to make my debt papers disappear, please!
ReplyDeleteMoney isn't easy to manage, especially if we talk about huge amounts of it! Companies don't really take that as a problem since there are accounting firms that help them. On the other hand, you should do tasks other than filing and bookkeeping. Did the company allow you to do more job routines? You should try using their accounting programs, if they have any.
ReplyDeleteJamie Shellman