Are there any accounting firms that will demote after poor performance?

like
Posting as :
works at
You are currently posting as works at

No, they will fire you instead

like

Up or out baby, those are the options

like

I've been with a few of the B4, and I have never seen a demotion. If you're not performing, they show you the door.

like

My firm demoted some partners to directors.

like

This is one area where PA is better then. Lol. We are being told demotion is better than firing. But we are in industry, and in an industry that is way different than accounting.

Industry you’ll get fired if you make a big error. PA you just move onto the next client lol.

like

EY Australia a few years ago demoted a number of partners in tax to associate partners. Most chose to leave, a few hung around mainly because they couldn’t find another position elsewhere

They will not demote in most cases. There will be no promotion until partners feels that the individual can handle the work

Related Posts

Will the customer support future be led by chatbots or will we still be necessary? lol

like

Is the SAP practice in India at PWC any good?

like

I started my career as an org social coordinator. 2 years later I’m now a generalist (Work in progress) - but I manage Google ads, org social, blog, seo, PR & affiliate programs.

I learned all of the above within 6 months and now own all those channels as an associate… not a manager (and won’t be one until we hire someone for me to manage as per my boss).

In your opinion, what should my salary look like if I have a remote job living in NY? I know I am currently underpaid..

like

What is the average salary for analyst for client onboarding in investment banking in india

like

Seeking advice on career paths within tech after bizops. Currently in bizops and former consultant, and while the work is fine I’ve realized that bizops feels similar to consulting and in the long term I’m looking for a role that has more ownership and ideally more analytical. Does anyone have any advice/anecdotes on other roles that may be suitable, and what it takes to get there? Thank you!

like

I will be relocating out of state from NY to FL in December. My current role does not allow flexibility to work remote and our offices in FL have no tech roles for transfer. I have 5+ YOE as a product owner in M&E and looking to break into the Digital space as a PM. I’ve been applying and interviewing with no luck and multiple rejection as it seems hiring has slowed down. Anyone know of companies hiring? I would love to connect.

like

What’s that one song you can’t get out of your head right now?

like

Affordable PG for Boys

Shared accomodation available in 3BHK
Location: Pimpri Area (Pune)
Landmark: Pimpri Station Rd

*DM for details*

Rent: Rs.3500 per bed/per month
Deposit: Rs.5000 per bed

- Fully Furnished
- Direct Owner
- Car & Bike parking available
- Standalone Building
- Electricity bill will be shared equally among all tenants
- Rs.1000 to be paid by tenant for notarized agreement
- Maid charges (for cleaning room) included in rent
- Max 3 people in 1 room

like

Looking for solid, affordable Airbnb or hotel options in SFO

funny

Staying at the Ritz and STR in the Maldives so expecting good service and reading mixed things about tipping. I usually don’t tip much at hotels (never really thought about it) but what do people do? Is there an expectation and would the amount be based on like room rate or just a flat daily per day?

like

You know what sucks?

There are quite some openings for Backend Microservices (java). If anyone wants to apply dm me..

like

How is everyone handling the stop and go of the holidays? Been feeling very anxious taking off two days this and next week.

like

I love my job and the people I work with, but lately I've been feeling like everyone else has more flexibility in their schedules than I do. How do you find time for yourself when there's so many meetings?

like

During my clerkship, I have been incessantly citing law-review articles from my alma mater in draft opinions. The judge rarely cuts them. Should clerks do this, or do y’all think it is taboo? (I cite articles from other schools as well.) Considering citing my own article a few times too, once it publishes.

funnylike

Thinking of going on a sabbatical and using the time to dust off resume, get certs and find a new position.Anyone else recommend this? Currently being distracted by billable work that adds 0 to resume

like

A bunch of acquaintances / friends of friends have been so kind with helping me think through next steps and even do interview prep. 1/ is it appropriate to send a small item? 2/ if so what are appropriate ideas outside a thank you note eg chocolates, gift card? Want to show genuine appreciation but also mindful to make sure it’s not overkill

like

Wondering how people usually respond on the amount needed to make you consider a job at x company? Do you usually answer low or high of your true amount?

like

Has anyone bombed the technical portion of an interview but still got accepted? If so, can you maybe explain your experience?

like

Anyone working for AMAT account under BIBA ?
My role is data science and iot engineer. What questions can I expect in an internal interview ?

Additional Posts in Accounting

How do u stay awake at work :( coffee doesn’t really work on me

like

What did you learn this year?

like

What the hell.... new office Chicago and you already have to change things up???

like

Any recommendations about negotiating comp for s3-m1 during the discussion with partner ? Is it looked down upon to bring up a competing offer (if any) and use it as leverage ? Or should you talk(cont

like

When taking an exam for the cpa, is it done on a computer with a keyboard with a numpad and you do all your calculations on an onscreen calculator? Or is it done pencil and paper? Trying to decide on a new personal laptop and wondering if I should get one with a numpad to get used to punching in numbers or just a small one without it.

like

What is your tax refund

like

Just heard EY is about to make more layoffs in audit too

like

Who's in Atlanta for training trying to hit up Magic City Monday tomorrow

like

Hoping for help w/ studying. TRANSACTION CYCLES?? I see inconsistent lists online and in books: (Revenue, Purchasing, Inventory, Payroll) vs (Sales, Purchasing, Payroll, Financing) vs....

like

Does Controllership at Deloitte have anything to do with FP&A? Thinking in terms of career progression

like

What are some good investing books you'd recommend?

like

EY raises and PBB so far have been in line with past few years. So much for the “this time it’s different” hype. Time to jump ships and get additional 15-20% raise

likeupliftingsmarthelpful

Does the big 4 ever try to force you to quit with workload? They just keep adding hours to my schedule (over 120% utilization year-to-date) when others in my group are <75% utilization

like

Since my other post was hijacked, creating another one. Any insight into RSM’s health insurance company used?

likehelpfulfunny

Is it bad to be over-utilized? I just did the math and I could charge zero hours this week and take a 3 week vacation after and still be 100% utilized? Is that abnormal?

like

EY, GT or RSM (Senior Position in Dallas) and why?

likehelpful

Can anyone recommend a good office chair for less than $100?

like

Does anyone have experience or know of someone who went on a FWA (part-time) but didn't have kids? I'm unmarried and no kids but considering a move to 30 or so hrs/week for my sanity.

like

Threw my back out last night. Can't walk but have so much work to do. Fuuuuuck

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal