I received reviewed income statements for an LMM company with interest expense bundled into operating expenses with no disclosures. Should I remove it and out it below the line or leave as is?

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What kind of interest expense? On actual financial debt? If so definitely needs to go below EBIT

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Can someone tell me why/when we would test debt repayment? We’ve confirmed beginning and ending balances, why would we test payments and proceeds?

We have also tested interest expense if that matters

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For those of you who have emergency savings (generally 3-6 months of expense), do you consider it to be used in case of unexpected and big auto and home repairs or medical emergencies? Or do you save separately for these types of situation?

I feel like I would use all my emergency funds if, for example, my furnace and HVAC unit break down in the same year, so I am leaning towards start saving for those big guys separately...

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Hi,

I had raised query regarding internet allowance to payroll team through hr berry portal.

They said prepaid bills are accepted if it's in employees name.

Did anyone tried to reimburse prepaid mobile bill?

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McKinsey & Company I’m in between having accepted my offer and starting. I’ve read advice recommending getting your WFH set up ready before starting, and want to take that. I assume the answer is “no”, but could I spend my $150 one-time WFH allowance now and submit expense receipts after starting? Any chance they’d pay back spending prior to start date that was within a certain window (my last company allowed this for moving-related expenses, as an example) of the start? McKinsey & Company

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Without the business travel/expense account, it’s hard to ignore that I make slightly above minimum wage for the number of hours worked. Anyone else (in other industries) starting to feel disillusioned by the lack of office perks — or do you actually love your jobs?

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Folks does protiviti reimburse cell phone bill?

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Back when we were travelling, how did team dinners work given the strict per diem? Does Accenture Strategy just never get to indulge in nice meals / drinks?

Was one of the best perks of the job ☹️

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Is there any domiciliary expense claim policy for insured parents in wipro ?

Left a company recently and they cut my notice short. Left with an outstanding balance from a work expense on the corporate card, is there any liability on me if the balance hasn’t been paid off?

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What’s the per diem at Deloitte? Does it cover lunch?

Newbie here - can you use your Accenture Amex for a person expense? I am wondering because we have to pay it back ourselves in the app anyways? I know this definitely sounds dumb but I’ve heard mixed things

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Freelance creatives, how do you get medical/dental coverage and insurance (assuming you're not relying on a partner with coverage)? Or do you pay out of pocket for each expense?

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Hey fishes,
Regarding the summer time 2k reimbursement I have a few doubts here… suppose I enter x colleagues name as attendee and enter amount as 2k.
1) Will 1000 be reimbursed to both or 2k directly to me.
2) And also can the same person x enter another bill for 2k and will be reimbursed same amount.
3) Does the date need to be same for both of us to reimburse.
Any insight would be appreciated 🙌🏼

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What do other partners take as unreimbursed partnership expenses? I have heard some say they do nothing (because it isn’t addressed in the partnership agreement) but others say they take quite a bit (if there is an expense policy manual that disallows it). My read of the law is the latter is the correct read.

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Deloitte USI Hi Fishes, Have anyone claimed for Summer Time reimbursement for Dinner/lunch? How to reimburse the amount when 6 people or more are there but Bill is only one? Any suggestions!! Deloitte USI Deloitte

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Hi guys, I have got an offer from Verizon. Role: MTS-3. Package: 21Lakhs (Fixed) + 12% Variable pay + 45 days of monthly salary as relocation expense + 50,000 joining bonus. YOE: 5.6 Years. Does the package look fine or shall I negotiate further?

What tool/software do you recommend for a small agency for expense reports creation?

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.

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I just reached the point where I make 150k and can save $25,000 a year. I’m 33 and do not plan on having kids. My only major expense is a $560,000 mortgage remaining (2.8k per month expense). Any advice on how to apply that $25,000 a year to reach retirement as early as possible?

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More Posts

Partner says to employees things like this:
- Yes fix it in the product, I’ve mentioned this like 3 times already!
- You don’t listen! You never listen! Focus!
- I don’t like that you don’t have precision I refuse anything less than perfect
And all these remarks are towards women in the team.
He’s operating as managing partner taking on more or less product management, while we have a senior product manager on the team that he cripples(a female)
Help, many have threatened to quit!! What to do?

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Does a women manager help another women employee in the team ?


I have faced otherwise so just inquisitive.

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Name your dream companies

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What does the job market look like now that Covid has become our reality? Are ad agencies overall still hurting or are they starting to hire again?

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Anyone targeting the same schools with a similarish background as me want to be bschool application buddies for round 1 this fall? Thought it'd be better to suffer the application process with someone else.

My background:
-Class of 2018, Math/Econ, top 20 UG, 3.2gpa
-Asian male
-Started in big4 strategy but now in corporate strategy
-Trying to pivot to big tech post mba
-730 GMAT but retaking soon

Potential schools:
-Kellogg
-Booth
-CBS
-Anderson
-Stern
-maybe one other t15

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I wouldn't say PA is my sunken place, but "the people" sure know how to make me feel like im there 😩

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Anybody willing to share what company they work for in Chicago/Chicago land area, what they make, and whether or not they’re certified??? I’m looking for a change of pace.

How could a Canadian actuary stand out to American insurance companies as a viable candidate? Having 4 exams already and just under two years experience, is getting the ASA designation a necessity before being entertained as a candidate?

Hi guys ,

Can everyone from the group comment YOE and current CTC , so that we will get to know about the market ?

Hey all! Currently seeking a job switch in the Columbus, Ohio area. Hoping to get some input on the what level of salary to seek. I have some guidelines as to what I feel my education/experience are worth, just wanted other opinions. I have a Bachelor in Business Administration, and will graduate with my MBA in 8 months. I have 7 years of leadership experience (3 years Assistant Store Manager, 3 years Store Manager, and 1 year of Territory Management).

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I am so close to breaking into BL but questioning everything. Waiting on a response after very positive interviews with one firm where they all but indicated they’d be giving me an offer (9 days ago) and scheduled for a second round with several partners at my dream firm after getting through interview with practice group head. I’m confident it will change my career trajectory and open many doors vs my small firm background. Dying with the anticipation, but scared to be too hopeful!

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How/why did you end up in federal (as opposed to commercial)?

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How do you convince people that a product roadmap is NOT a project plan? Our leadership team thinks Product Manager = Project Manager

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I’m tired of seeing “learn how to be a UGC creator / content creator!” everywhere on social media. It’s just a rebranding of the word “influencer.” Anyway, sorry to be a hater.

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I used to be great at my job and now I’m on the verge of getting fired because I just can’t focus alone at home like I could I in the office. Distractions are just too tempting. My boss used to love me, but now I’m missing things and making stupid mistakes every day. 🥴

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How do people feel about BBDO at any of the offices? Worth looking into at all as a jr?

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Any “bowls” on here for rehab liaisons??

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Help/Suggest me guys I have 2 offers Coforge - 32 LPA (1.6 Variable) TCS - 32.75 LPA (8 Variable) Suggest me in terms of Job security, Competition, WLB @tcs Coforge Tata Consultancy

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Hey guys, so I’m currently a consultant here in Toronto and is transferring to PWC in Dubai this summer. How hard is it to transfer back at a senior level/ Amanager back to Canada in a couple of years

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Additional Posts in Finance

A friend at UBS just got a raise. Is it normal to get mid year raise like this at UBS? It came as a total surprise to this friend.

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Anyone traders/former traders who left trading for a few years and then went back? What was your experience?

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I’m not that tight with my college friends anymore. Is that normal? I’m 24 for reference

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My brother is looking to start investing his money in low risk investments but ones that would generate some passive income, and I don't really know the best way to steer him long term without basically managing his funds for him. What are the best resources for beginners who are just beginning to explore investing their money? He needs a bit more than just a finance for dummies book but I don't think he'd need something too extensive.

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Limiting email checks to two specific times daily - - thoughts? Does it help productivity? Is it too dangerous?

Tips on how to communicate better with higher-ups and command their attention?

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I just stress-ate two doughnuts. How’s your day going?

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I took a modeling test this morning for an interview and realize now I had one stupid error. Really dumb error. 90% of it was done correctly aside from this. Thoughts?

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MD's - what are some good questions you’ve gotten asked during interviews? 🤔

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Credible leadership is self-made. The ingredients are charisma, vision and...

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Anyone else have attention disorders? I've been on and off various medications and wonder what works for others or if anyone had coping mechanisms they'd like to share!

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What books are on your 2020 to-read wish list and why? I am making my list now!

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Tips for getting the most out of every book you read? I want to retain as much as possible while being able to reference thoughts/inspiration gained during the read later in life.

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How do you emphasize the importance of work-life balance in your job search/ in interviews without coming off as not being a hard worker? Also, how can you tell if a company actually has a culture that supports work-life balance?

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I guess we should all be able to afford apartments now since we aren't spending money on avocado toast? Jk not even a pandemic is bringing down SF prices

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My SO spends far less time at work than I do, and spends the bulk of his evening watching Netflix. Is it terrible of me for being annoyed?

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Email etiquette Is it okay not to respond to messages if there is no further action needed? I don't but my boss & other co-workers do and it just feels... Unnecessary? What is the 'normal' response?

How do you deal with personal problems at work? I’m struggling with my family at the moment. It becomes hard to go to work on some days

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Just doing a bit of daydreaming here, and I'm wondering what's the minimum amount of money required (realistically) to start up a Hedge Fund?

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How much does a Compliance Assurance Director /Compliance Audit Director make in a large bank in New York City?

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