{ "_id": "5b8445e288cfcb0013264ade", "name": "Managing Partner Q&A", "iconUrl": "https://dslntlv9vhjr4.cloudfront.net/crowd_images/IYFnla57oqxZp.png", "type": 4, "description": "A managing partner at a large Public Accounting firm is answering your accounting related questions!", "isVisible": true, "isPublic": true, "divisions": [], "feedState": { "countOfSystemMessages": 0, "countOfUserMessages": 78, "countOfMessages": 78, "lastMessage": "Is there a change in health care coverage when you become a partner? And does it extend into retirement or is that just a rumor?", "lastUpdateDate": "2019-10-23T18:07:18.050Z", "lastSign": "PwC", "lastMessageDate": "2019-10-23T18:07:18.050Z" }, "numberOfUsers": 504, "relatedCrowdIds": [ "552d1d24dc1c586b09d2d051", "564a5cdb94887803001dd07c", "552d1d24dc1c586b09d2d052", "5565cfca8b2b9a03009acf57", "553769a790f5eebe1d2a0f92", "5e4bca4d473da1001b53cb24" ], "background": { "to": "DCC4FF", "from": "FF919D" }, "creationDate": "2018-08-27T18:41:38.984Z", "priority": 0, "isLocked": false, "bowlType": "58e6c35170558a0016aae959", "bowlTypeName": "Custom Bowl", "numberOfNetworkingUsers": 4, "handleUrl": "managing-partner-qa", "disablePosting": true, "hideNumberOfUsers": true, "fishIconColor": "3c89f2", "numberOfFollowers": 4, "promptsDisabled": true, "roomEnabled": false, "suggestedIndustry": { "_id": "552d1d24dc1c586b09d2d051", "name": "Consulting", "iconUrl": "https://dslntlv9vhjr4.cloudfront.net/crowd_images/q6ousBABT88sI.png", "crowdIconUrl": "https://dslntlv9vhjr4.cloudfront.net/crowd_images/KF6SyAmqgD6Ae.png" }, "lastView": "Invalid date" }
A managing partner at a large Public Accounting firm is answering your accounting related questions!
Sign up to access more conversations in this bowl 🔑

Is there a change in health care coverage when you become a partner? And does it extend into retirement or is that just a rumor?

like

New to the roll of Partner. Any advice on transitioning? I’ve hit a few speed bumps since the retiring partner is not letting go of his clients and they don’t know I’m the new partner.

like

What’s your opinion about employees attending training “school” but not attending classes because they partied too hard the night before? What if they got the code and reported as if they attended?

like

Why aren’t there greater initiatives to include older Staff/Seniors? While D&I is great, an entire demographic is severely being overlooked.

like

I own a small, 4 accountant shop. How do you larger firms manage employee risk as far as making mistakes is concerned? I know we all make mistakes and I'm not afraid of honest mistakes. However… more

12+ years experience in top 100 firm (not b4). Thinking of making the move to b4 and curious if there is still a chance for partner or not enough time left to make it economical. I'm over 40.

helpful

Does anyone have the cohort model for Assurance?

Where do you see future of accounting and auditing in 10years from now especially with emergence of digital audit and automatics tools.

like

Thoughts on compensation transparency? Wouldn't everyone benefit from being more transparent on compensation?

like

Eating hours. We are told to never eat hours and to bill time accurately. But then managers tell their staff (per many posts on FB) to not bill all their hours because the staff took too much time…

like

From what I understand there is a partner buy in requirement. Obviously those will vary from the firm. What was your experience, as in how much did you have to pay to buy in? (Continued)

likehelpful

To the partner answering these questions - Thank you! To partners reading these posts - please recognize the need for better communication, honesty, & mentoring. Just my honest reaction to this bo… more

like

Incoming associate starting in a few weeks! I come from a poor background so I definitely excited for the opportunity. If you could go back in time & give yourself (1st yr) advice what would it … more

like

How would you recommend doing upward feedback without having it come back to bite you? I know mckinsey has a freamework, State the facts, how it made you feel and state a solution

likehelpful

How would you compare the road to Partner in a mid size office vs a large office?

I am a manager currently working 7 projects, owning them as if they are mine, increasing revenue, managing and growing my teams. Partners give me too tier ratings, 1mil wins 3 mil pipeline. CRT feedba

likehelpful

Thanks for your feedback and your ongoing patience. I got through some more questions today, but still have a handful to go. Having fun and hope that everyone finds my answers helpful.

likehelpfuluplifting

Do you have kids? How old were you when you had kids & at what level? How did you manage with young kids? I’ve a 2yr old and being a Senior makes it incredibly difficult to have balance at this le… more

like

How do you know who is crushing the job vs. who is cruising by? At one point or another, we have all had experiences where someone above us gets the credit for accomplishing a job when (cont’d)

like

I left EY where I had very good relations with people and built a good reputation. My destination was another big4. Three things influenced my decision to leave - inability to get off big client (cont

like

How to stop being intimidated by partners? Sometimes I even forget words in front of them...

likefunny

Which firm do you work for? If you can’t be specific, can you say Big4 or regional?

like

How long did it take you to make partner?

like

How have your responsibilities changed going from a “regular” partner focused on client service to an office managing partner? Thank you

like

Have you ever been personally involved in litigation due to the risk you take in signing an opinion? Do partners have malpractice insurance for these instances?

like

What are your thoughts on diversity in the accounting profession (or the lack of)? Do you think it is easier or harder for a minority to advance to higher levels in PA due to a "diversity quota&q… more

like

Stayed up late to answer a few more questions. The later it gets the more typos I make. Will get to more questions tomorrow. Thanks for your patience. Goodnight everyone 😴

likehelpful

What is your opinion on “hands-off” executives and their impact on their team? Specifically, on the development of their team? I am a senior and I work for a sr manager and partner that aren’t around

likehelpful

Hello. Thank you very much for doing this! At what level or when communication will be made to me whether I can make it as a partner or ED? And who usually deliver such message?

like

I read your previous post that you never saw industry as an appealing option- however what was the best opportunity you turned down?

like

How many hours do you work in a year? How many days do you travel out of town?

How detrimental is it to someone’s career to have no big 4 experience? Do you think it’s something lots of employers/partners look down upon?

like

How do you know if PA is right or wrong for you? I started a year ago, and have not been quite enjoying it. Should I quit or give it some more time? Thank you very much.

like

I am a super senior (4th year senior at PwC) and got a Manager role at a Top10 firm. Should I make the move? Making manager at PwC doesn’t seem to be working out.

like

Taking a break to return a few calls. I've answered 10 questions. It takes longer tha I thought (plus I accidentally exited the app twice before hitting post and had to retype two answers oops).

likefunny

In order to make partner is it mandatory to go on a global rotation somewhere?

like

Done with meetings and ready to dig back into the Q&A. I wish I could tell you I was out golfing with a client or something fun like that (but just a regular meeting) 😀

likefunny

Have to step out to meetings for a while. Looking forward to getting back to Q&A soon.

likehelpful

What made you stay in public, instead of going to private or an easier job? Have you every been fired or seen any set backs in your career?

like

I'm having my first formal dinner with a couple partners this evening. Any tips going into it?

likeupliftingsmart
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal