My pumpkin! 🎃
My father left me Rolex Datejust 36.
He bought it in late 90s but it’s still in a great shape. Inside was never cleaned. I am told that it should be cleaned every 7 years. Is that accurate? My father never got it cleaned and it seems to be working well.
Any precedent for a firm paying for or partially for an MBA? Realize it’s not really a safe investment for the firm because it can be such a career changer...
Have a Program Manager interview with Google this week. Any tips or useful resources for preparation?
Has anyone gotten a Darden interview invite in the last 3 weeks? Decision is Dec 7 and I don’t even know what’s going on anymore.
Anyone know a good employment attorney in Chicago? I want to better understand non solicitation clause in my current contract and make sure the new job responsibilities doesn’t violate it.
Hi! Are there any companies out there hiring for any Marketing positions? I’m transitioning to the field after being in TV News for 4 years. I have a lot of transferable skills & I am looking to get a new start!
Desi folks, I’m newly married - I make 175k and my husband makes 140k. Advice on how we should go about managing our finances? What has worked best? He has a student loan but my dad funded my education and I have to pay my dad back but without any interest/deadline etc.
I received a really nice message from a nice looking guy on a dating app and I responded the next day, I never heard back 😭 why is this happening to me?
Glad that more stores are closing on Thanksgiving nowadays, I hope it continues. Cashiers have families too and I'm looking forward to seeing mine this year
Hello Bosch Fishes,
Is there any requirement of an Instructional Designer in Bosch??? I am looking for an opportunity
Dynamic strategy consulting background (6 YOE) looking to shift to sales/BD.
I know how to sell and build relationships/report.
Does that sound interesting to anyone? Hoping to get to work asap.
Folks who were around in ‘08, could you please share stories of how everything turned out all right for the people who got laid off?
Anyone used Botox to treat TMJ/teeth-grinding? My dentist said i should get a mouth guard and potentially do some physical therapy. I seem to be doing a lot of clenching/teeth grinding in the night. I was googling other options and came across a suggestion for Botox. I already get Botox in my forehead for cosmetic purposes so I'm not worried about Botox generally, but unsure how common it is in the jaw for this medical purpose.
Additional Posts in Partners in Accounting
What's your best advice for someone who wants to make Partner and is early in their career?
Have you noticed inflation and the general chaos we're moving through affecting your business and firm? Just asking for different perspectives here, not a political discussion.
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.
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]
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?
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?
Vaccine mandates over finally. Except for the unconstitutional hypocritical NYC mandate.
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?
Will auditing eventually be conducted electronically using AI? What does the future hold?
What does everyone think about the EY news?
What are the partner buy in at the B4?
Does everyone have a vacation home EXCEPT me? Chime in — good investment/bad? How often used? Kids? Pets?
What is the comp model for partners at A&M
Does anyone know what the payout plan looks like for non-equity partners at EY in consulting/advisory if the split goes ahead? Please DM if not comfortable posting here.
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.
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
No judgment tax question. Would a covered deck extension and repair to be used for work purposes (home office) be classified a deductible business expense? Need guidance.
We are essentially an outsourced controller for our largest client. The owner is taking MASSIVE amounts of distributions over and above income. He’s essentially financed $1M in distributions from his LOC. We have spoken to him multiple times about this and the behavior never stops. What would you do here? Fire your largest client? Do you feel your reputation would be affected when this behavior comes to light? Inevitably it will when he bankrupts the company one day.
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Resigned as a partner from a PA firm and joined as partner in another PA firm. New firm gave me credit for years at prior PA firm and I will retire with full benefits at new firm. Comp is comparable and much better culture. Win win.
Here for the comments. Mostly curious if firms ever actually enforce noncompetes.
Also here for the comments, but I have heard firms do enforce non competes depending on the significance of the client and the departing partner’s involvement.
Do partners who switch firms typically get signing bonuses from the new firm or are signing bonuses not a “thing” for owners?
Noncompetes aren't valid in California, but it feels like partners still abide by them in public accounting. Seems like attorneys have no problem moving from firm to firm as partners though.
They are 100% valid in CA and enforceable between partners. I am a partner in a firm who successfully sued departing partners to enforce the non compete and we won and we were awarded the full damages plus attorney fees.
Yes. They all enforce it. It’s business. Unless you are getting counseled out or not producing. Stay true to your agreements. Good luck.
This is not accurate. Please see my other post on this thread.
A superior court judge enforced the non compete in a case where I was involved. This was in CA which is considered to be liberal and individual friendly.
Supposedly noncompetes are not legally binding for attorneys. Generally at the partner level you might lose your capital and have some restrictions that can be negotiated even if there is a standard policy in your agreement.
How do you explore opportunities at the partner level? It’s such a small world, seems you can’t really explore” unless you’re committed to moving since word of exploration may be a kick in the rear out the door