Has anyone in audit wanted to know more about tax? Just enough to be able to have a conversation with clients (more than the basics) and feel somewhat confident in your answers. If so, how’d you go about learning more?

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

“Taxes are based on income, as your income goes up, you will need to pay more taxes unless you qualify for these special things called deductions”. You’ll lose client’s understanding at this point, which is a perfect segue into telling them “it’s ok, I don’t know a lot about taxes either, but you know who does, our tax department”. I worked at RSM, my clients didn’t know basic accounting or internal controls, so you could feed them a line of bullshit and they won’t know the difference.

likefunny

If your on an audit that has tax work too, start by talking to the tax department. Find out the hot topics for your clients then can expand from there. Lots of CPE available for tax side too.

like

Does tax really come up as casual conversation? I get the feeling there's more to it than that?

like

If you’re talking about individual taxation and personal finance - search up Mark J Kohler. He has some awesome books out

Related Posts

How long does it take for gartner to give result of the final interview ?

like

Hello,
I am looking for a job change into REMOTE work.
I have 7 years of experience in java backend development. Please help me line up some interviews. Thanks.

like

I have a technical interview for business intelligence analyst position. This will be the first time interviewing with the company hiring managers and also my first data analyst job. I’m going to google common DA interview questions to prepare, however, how do you answer a technical question you do not know the answer to without it counting against you?

like

Should I follow someone who a boss knows I work and is just set to helping me grow or go to the other place that’s paying more, has got a shiny name but is volatile w employment if you fall behind.

like

3 spots. A :60, :30, and :06. The concepts are slightly different due to how short the cut got on the 6. No dialogue in any of them. Is using a diff tagline kosher for the :06?

What are your thoughts on Selfmade (Netflix) as a viewer and as a producer/marketer/creator?

Post Photo
like

Currently get a Master of Science in Project Management and the concentrations are Agile PM, Analytics, Construction Management, Leadership, Leading and managing technical projects, Organizational communication, Project business analysis, which one should I pick and any advice and recommendations?

like

2.6 year experienced Product manager with a total experience of 5.6 years seeking opportunities in the same role preferably in product based organisation. Currently in product based company.
Please connect with me if you have any good opportunities or are willing to refer.
Thanks a lot in advance!
DM me for a chat or any details.

like

One of the alum suggested sending a LinkedIn request with a personalized message to MBB partners of the local office.

I have tech consulting experience and want to transition into MBB as a generalist or the second option as domain-specific. I have a couple of questions regarding this:

does this kind of random networking to partner work?
what should my connect message be? (interested in the domain they are focused on and mention my achievements)

How is fedex account in mphasis. Anyone pls tell
Wlb

likesmart

Are promos really a meritocracy at Trinity?

Anyone here who is about to finish your notice period?? Kaise feeling h 🤣 pour out your thoughts..

like

Is it easier to get into A&M from Big 4 FDD than if you were to try to jump into A&M from a Non-big 4 FDD firm (National PA firms, Consulting firms (Kroll, FTI, Riveron, etc.) just wanted to hear everyone’s thoughts

like

Don’t wear it often, but every time I do, I feel like Maverick ✈️

Post Photo
like

Soooo is Zucky getting that stimulus check or what? 😂

Post Photo
funnylike

CPA with strong SQL and python skillset. Anyone know a company hiring someone with my background?

like

Is your school/school district experiencing a shortage of subs?

like

Facebook Ads after iOS 14 changes.

I'll share my experience and urge you to share yours:

Since iOS 14 changes, Facebook ads isn't the same anymore. Why?

A. >75% iOS users denied tracking. They are no longer tracked across websites/apps. Facebook lost its edge.
B. Targeting and conversion tracking aren't as effective anymore.
C. Many advertisers have been migrating their budgets from Facebook to Apple and Amazon ads.

What's your experience? Let's all learn.

#FacebookAds

like

Dear all

Need 11 likes to enable DM, kindly help!
Thanks in advance

like

how do you stay motivated when you are rich?

funnysmart

Additional Posts in Audit Bowl

Someone give me link to that salary site

like

The firm has approved of my transfer to a new city. I am also exploring opportunities in industry in the new city... is it a bad look if I leave a few weeks after I transfer?

What is partner pay like? Assurance vs consulting.

like

A recruiter from my firm contacted my friend and he has a phone interview soon. Can I still refer him so I can get the $$?

like

Are any firms doing remote internships going forward?

like

Anyone in here ever made the transition from Big 4 to a small regional firm? If so pros and cons of doing so and any advice would be highly appreciated!

likesmarthelpful

I honestly feel like the Director on my engagement is running this Job like the Fyer Festival..😐#whateverItTakes

likesmart

If any seniors or managers are looking to make a move and would consider CohnReznick, please shoot me a DM. All of our positions are fully remote to the extent you want and I’m very happy here so far. Primarily looking to recruit for tax or audit but will work with all service lines. Shoot me a DM to find out more

likefunnyhelpful

Does anyone ever feel the imposter syndrome? I’ve made it as far as I have and some days I feel like I do know what I’m doing and other days I’m like - how the heck did I get here I know nothing!

like

Are cover letters necessary at this point? Went through recruiting already and I’m to busy to spend time on it..

like

For the Auditors out there. How are yall auditing PPP loans for nonprofits? Should they be recording them as revenue?

like

Is internal audit easier to understand than external audit? I want to switch into internal audit but I’m unsure if my salary will change or if the learning curve is completely different

like

PwC COE is hiring for audit seniors and managers. It is a 100% remote role and pay is on par with core audit team. If anyone is interested DM me.

like

I think I’m done with auditing but I have no idea what I want to do next. I hate accounting, what kinda of industry jobs do people go into after auditing at a big four?!

like

I have some interviews lined up for private companies... Any tips? Been in public since college

like

Got an interview lined up with CFGI.. not sure hows the company so thought I had request CFGI folks to share their experience here ?

like
like

I am put Incharge of ordering snacks is there any suggestions on unhealthy and healthy snacks you guys suggest I get

likesmart

Who preordered the iPhone Excess? I can’t really decide between that or waiting for the Xr

like

What is a defining factor that made your A1/A2 stand out from everyone else? Even better if it is something that is WFH related

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