Did You Know? Fun Accounting Facts! 💡📊

1# Accounting errors can be costly! In 2012, a $2 billion typo by JPMorgan Chase led to massive losses. Proofreading matters!

2# The IRS processes over 250 million tax returns yearly – That’s more than 685,000 per day during tax season!

3# The world’s largest fraud? The $65 billion Bernie Madoff Ponzi scheme – proving why auditors are crucial!


💬 Which fact surprised you the most? Drop a comment! 👇

What is the leaves structure of tcs for experienced professionals

Hi All,
I am working with TCS al

I have been seeing all of these "studies" saying that many people prefer working in the office versus working from home... I'm doubting these results and want to conduct my own little poll.
Do you prefer:
A) Working from Home
B) Working from the Office
C) Hybrid

I’m teaching the juniors on my team a few frameworks for getting to a strategy. So far I have the 3/4 Cs & BBh/Chiat disruption model. Any other thoughts/ ideas/references?

Other than the standard big “fish”, what are some gov contracting firms that offer deployment opportunities for intel positions without military background?

Anyone interviewed or know anyone that has interviewed for the Analytical Lead role at Google? What was the experience like?

Friends, where can I buy a Christmas tree?

What are your opinions on prenatal genetic testing? Would you recommend doing it? I’m very hesitant about taking it

Are coverage group hours better than m&a at your bank? From a lifestyle standpoint

I have a partner who routinely ignores emails or responds to them several weeks later. He has to approve every single document sent to the client or the court, which means you have a physically go to his office to ask him to review something. Half of the time you go to meet with him in person, he’s either on a call or otherwise busy. I find that this basically creates more work and makes meeting deadlines extremely difficult. Is this normal?

When is a 3 page resume acceptable?

Looking for consulting roles, 2 YOE in a more internal strategy role. Would love to see what’s out there. Thanks everyone!

Bonjour ici !
Je suis un consultant italien avec nationalité française, j'ai été récemment contacté par une MBB et j'envisage de m'installer à Paris depuis le Moyen-Orient où je travaille actuellement.
Y a-t-il quelqu'un qui aimerait entrer en contact et me parler de son expérience?
Merci beaucoup !

Hello tout le monde
Un salaire de 55k pour 4 ans d'expérience (grade SC) c'est dans les normes actuelles ?
Merci!

Anyone got a direction to WFO atleast 1-2 days starting Jan? Gurgaon office.

How much does a big 4 marketing director make in the Bay Area?

I know Mck is the top for strategy, but in terms of digital/design in top consulting firms which do you think is better? Mckinsey digital or deloitte digital? (Or another..?)

Does anyone have any good books or podcasts about how to develop leadership/ managing skills?

Good bar spots around 345 park (KPMG) lol

26 y/o JD, CPA, CFP --- what are my odds landing a career with the FBI?

Does your coach see when you get a real time recognition award?

What firms in the Philippinesis advisable to apply for a consulting position? kindly provide me an answer

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.

Team is already talking about eating hours. My utilization is down cause I was in unassigned for a month in Dec/Jan. What's worse pissing off the partner or having a low utilization? -staff 1

Any helpful advice for FAR. I'm taking it next week

Any ACCA students register for an exam using the new website? No combo of dates or locations ever works under 'Add Exam'.

For those of you who own rental properties, how much cash flow do you earn from them and how much does your day job pay? Would be interested in hearing from accountant rental property owners. Think it would be interesting to get a big thread going

Should I get the Apple Watch 6 or wait to see if they announce an Apple Watch 7 later this year?

PPEDs: Just found out that a Partner, who was promoted in 2017, was fired. IDK the circumstances. What can they expect to walk away with besides 401k & normal pension plan?

In the market for an SUV but looking to spend no more than $350 a month for lease. Anyone have recommendations?

Are there any good books to read to understand investment banking?

Does anyone else feel like their anxiety levels are high? I feel like I have so much work but I just want to have a chill summer and relax before things pick up again in the fall. But it’s causing me anxiety knowing that I have so much to do.

Has anyone ever used a home equity loan to pay off debt (at a lower interest rate)? Smart or bad idea?

Looking for some advice! I recently reached out to PwC private division because where I work now is boring and not flexible. I miss feel like an accounting professional. I previously worked at a medium sized public accounting firm but looking to add that big name recognition. How is the work life balance now working from home at PwC in the private division? Any insight on what I may be getting myself into. I want more family time and time to travel with my family.

If you left public accounting for an industry job, what kind of industry job did you take? What kind of company did you go to? Do you feel like your work is more meaningful/fulfilling?