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 correct across for the amount times the discount to the amount billed. The worst part is our rep then gave a bullshit story of how the list price was incorrect on the invoice but the amount billed was correct.

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I have submitted my laptop physically on 19sept n today I received laptop courier packing material

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Happy Friday San Diegans! If you would like burn some calories and donate to a great cause, F45 is hosting a donation based workout open to anyone who wants to participate tomorrow at 9am!

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Thoughts on today's email from Bill and "S&O" newsletter?
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Does Bain email-reject you or ghost you? Had the digital interview but haven't heard anything for a while... Or is the recruiting process really long?

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For anyone who freelances: What are the best and worst parts about freelancing?

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I have a difficult time caring about what the business/company is doing big picture or advancing within the company. Just give me the contracts/matters you want me handle. Anyone else? Is this necessarily a bad thing?…don’t want to be married to my job.

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I got 27.5 lakhs p.a from TCS with 1 lakh as retention incentive. They are offering me Associate Consultant position with 14 years.

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Morale is low rn on my team. Superstar team members have left the firm, and more members are trying to leave before busy season because we’ve had to pick up the slack. How to still stay motivated?

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Additional Posts in Partners in Accounting

I work a midsize regional firm and, no surprise, we are hemorrhaging staff. And it’s the good ones leaving. Some for family offices and industry positions, which I can understand. But others for smaller accounting firms as staff and seniors which just seems like a career killer to me. I’m convinced we need to do retention bonuses, raises, and recruit new talent by paying above market. Of course I’m a younger partner and don’t have the pull to actually make this happen. Thoughts?

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Any large firms include directors and non-equity principles in the pension plan?

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For US locations of Big Four firms, please indicate your covid vaccine policy and effective dates for when those policies started.

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Work in tax, moved to a new state a number of years ago and didn't transfer my CPA license. Got a partner offer from a top six firm in my new state. Can I become a partner before I transfer my license to my new state?

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I’m considering joining EY in London. Currently at a boutique consultancy. I joined Fishbowl to try to get a sense ‘from the inside’ of the Big4 as I don’t have close contacts I can ask. I’ve seen a lot of griping in the other channels from more junior staff about comparatively low pay, EY not keeping up, clunky tech, etc. Is that just normal / expected grumbling? Would be really interested in the Partner perspective on this. Feel free to DM if more appropriate. Thanks!

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What are salaries for a tax principal in hcol? This is for non-equity.

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What are some key ways you balance stress and not taking it out on others/family? It's something I'm always working on but none of us are perfect. That said, I've made vast improvements. During the winter it's always harder as I feel many of my outlets are limited [like golf etc]

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Did you make a "Resolution" for this year? If so, what was it? I'm working on spending more time with my family, and staying away from tech to the best of my ability on Sundays.

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I started a firm with three other colleagues about a year and a half ago. We all came from the same bigger firm and now obviously we are considered a very small. We want to make our first hire and hire someone for around $100,000 as a manager to manage around $200,000 of work. They came back at $120,000. After taxes and benefits that’s $150k to manage and prepare $200k of work. Anyone own a smaller firm who can share opinion? How much work should one manage for that kind of salary?

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Guys - can anyone share earnings at BDO and RSM at 1-5 years of partner experience. Trying to negotiate with one of these firm and will be helpful to know.

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

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Vaccine mandates over finally. Except for the unconstitutional hypocritical NYC mandate.

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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 yet demand is at an all-time high. If technology is the answer are there firms that are successfully implementing solutions?

What does everyone think about the EY news?

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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.

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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 (if there is an expense policy manual that disallows it). My read of the law is the latter is the correct read.

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What's your best advice for someone who wants to make Partner and is early in their career?

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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. Should I try to negotiate or just take the money and jump ship. Feeling Seriously undervalued for what I’m bringing to the firm in terms of people building, sales, book of business. Hate to not be loyal, but $200K is $200K. Advice please

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