Partners in Accounting

Never a shortage of things to do but anyone else just say screw it and not do anything for a day or two? Really feeling burnt out and with holidays, motivation is in the toilet.

Holy taxes… just made partner and don’t think I’m going to take home any more money than I did last year…are there any commonly used tax mitigation techniques that you have utilized during your time a… more

What is the avg pay for a tax partner in deloitte?

Top 10 firms - how many years after buying in the firm were you able to buy additional shares/units and what did it take to get past the initial “level”.

Being recruited by a top 10 firm, accounting advisory practice in NYC. Im a 4th year partner, early 40s in age (18 years of experience post college) at a smaller firm. What should I expect my salary to be? Any insight … more

Small Firm, $25m in billing with 10 equity partners. 3 of these partners are over 55 and own about 50% of the firm. Each of the three has been very open about not wanting to work past 60. We have n… more

Any experience with leaving your firm mid year? Understand it may create additional complexities for taxes and create a lag in cash flow. Anything else to consider?

I have active partner roles I’m considering that we’re established from LinkedIn outreach at other firms but if I’m going to make a move I want to make sure I evaluate all options, how best do you do … more

General tax partners in a tax account leader type role or equivalent : approx what % of your book of business are you actually being paid? I get maybe 10-15% of the BOB and generating significant cros… more

Curious…What metrics are utilized to evaluate your partner performance/comp and what is weighted the most? Your book, charge hours, intro of other firm services/cross-sell, team performance?

Curious how many billable/non-billable hours (not including PTO) most tax partners work each year? Top 20 firm, feel like each year it keeps getting higher and higher due to not having enough staff, w… more

Who else feels like every partner meeting, primarily on a local or regional level, is just a monthly or quarterly beat down and that everyone sucks at everything for one reason or another. Of course … more

How does one go about getting board positions post retirement

Can we chat about public co audits? How many firms or individual audit partners are reducing books or avoiding public company audit work altogether?

Thoughts on the news of BDO converting to a corporation? Will be interesting to see how partner compensation converts from partner to employee.

Is this a midlife crisis or is this industry finally taking its toll? For the first time in my career, I don’t have a goal that motivates me nor do I feel any purpose behind the work we do. Pressures … more

My mentor is retiring (as a Partner in my firm) on May 31 and would like to organize something to celebrate his work and show him gratitude for everything he has done for me. Any idea of what I can do… more

Anyone aware of a Chief Accounting Officer position at a public company in US...seasoned Big4 partner with over 20 years experience

MD at big 4 firm contemplating partner opportunity at what I’d say is top 20 firm in NYC. I get the impression comp can vary VERY significantly based on book etc but not had specifics yet. Any idea wh… more

Any of you working or have worked in audit national office QC roles? I’m curious how others are coping these days and/or any interesting career pivots others have explored after these types of roles. … more

Looking to change B4 firms (currently at Deloitte). FDD partner with 10 years experience as a partner. Strong book of PE and corporate clients. Thoughts on people being successful in such a move. We … more

Asking for a friend…How do retired audit partners get a gig at other (competing) firms? I see this on LinkedIn and curious how this does not jeopardize retirement packages.

I am a female partner at a mid-sized accounting firm. About a six months ago, one of my male partners was walking past me and slapped my butt with a notepad. He immediately apologized. I don't think… more

How does leaving a cpa firm partnership work? I have no next role set up but feel like it might be best to give notice and start the process now. Thanks for any advice.

If the average pay for Big 4 partners (I’m in regional firm) is 1.3 million annually, why do I see Big 4 partners living in such modest houses. I am having a hard time believing that Big 4 partners re… more

Work at Big 4. I have been approached by mid tier firms about interviewing for Partner positions. I am considering starting this process, but would like to get some different perspectives from other… more

Where are all the accounting professionals going? Competitive pay and benefits aren’t enticing enough. People want work/life balance but how can firms provide that when the workforce supply is so low … more

Will auditing eventually be conducted electronically using AI? What does the future hold?

2nd year partner at a top 6 accounting firm. Have offer from big 4 for $200K more annually. Don’t really want to take it, but how can I not.? That’s approx a college education annually after tax. … more

Hi folks, do we think the audit profession will survive? It seems between declining accounting majors, decreasing cpa exam interest, and increasing enforcement/standards/other painful bullshit, we’re … more

Any Big 4 technology audit partners out there that have left for a mid-tier firm? If so what was the driver? And are you glad you made the switch?

B4 partners - what are your views on EY's possible split? Obviously not asking for any confidential information you may have, but trying to see how other partners see this.

A friend (partner at Del… more

Any firms that use CCH make sure your invoices are being checked carefully. We just reviewed ours and were over-billed the last 2 years. We were supposed to have discounts and the math wasn’t even … more

EY partners- will you be voting for or against the split and why?

What do other partners take as unreimbursed partnership expenses? I have heard some say they do nothing (because it isn’t addressed in the partnership agreement) but others say they take quite a bit (… more

Does anyone know what the payout plan looks like for non-equity partners at EY in consulting/advisory if the split goes ahead? Please DM if not comfortable posting here.

What are the partner buy in at the B4?

Can someone give insight into % raise for first year audit MD. Just range. No dollars

What is your firms average target comp/distributable income per partner?