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speaking of queens
That episode was in true GOT fashion. 🤌🏼
Additional Posts in Accounting
What to do with free time after busy season?
Can this week please just end?
How much did you study to pass the CISA? CISSP?
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Stay away from them!
Culture: Political, favoritism. Why is that?! the more client base, in term of value in assets, each manager manages the faster that manager can move up faster. They focus on business, client serve rather than building team. A manager can move up to the next level in one and a half year. If a manager has a good relationship with the upper, she or he can get a big client. A manager would use their power to keep good, hard working staff under her or him as long as possible so the manager can move up levels quickly without supporting or fostering the lower level.
Profit share - I do not know but they do not force partner to retire... meaning all about the money, greedy corporate culture.
They are growing and mostly buying small firms.
A good thing I see is that they have a good, strong individual clients (PCS - Private Client Services). Their COM is small. Their investment (ICS - Investment Client Services) is growing (because of high net worth client base).
At least in the Big 4 the managers aren’t idiots. At Andersen Tax, if you want to speak to someone smart speak to the MDs who started the firm. Most of the other MDs don’t have the same knowledge. They may have kept part of the Andersen name, but they failed to train their people in Andersen style and are not able to attract and retain the type of people that AA was able to hire.
No matter what they say about not having administrative partners, they have partners (MDs are owners in their structure) who are not client serving. People like the CLO and GC and other finance people.
They’re trying to go public and haven’t been able to price since filing their S-1 almost a month ago. The financials in the S-1 show transaction costs to do the deal greater than the amount of cash they’ll get from IPO and also show adding so much debt that they end up insolvent. There’s even some confusing stuff about their CEO getting paid for the use of the Andersen name and trademark. If you thought the PE firm management was bad, just wait until the public has a say.
Why would you want to work for a public company in this industry? Why would you want to work somewhere that is trying to go public when the numbers look so bad?
They fired me at 20 weeks pregnant so fuck them
For cause?
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