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Anyone wear baccarat rouge?
Rising Star
Week be looking good 🥹
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What's the round tables timeline for NE Audit?
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Yes. It's not just you. It's because a ton of people here either:
1. Need therapy
2. Have insecure personality types, leading them to exhibit anxiety or OCD-esque behavior
3. Need therapy for social anxiety
4. Have narcissistic personality traits and don't like feeling vulnerable with work, so they unknowingly compensate by craving control
5. Need therapy for stress management
6. Never develop past an academic, perfectionist mindset in undergrad. Rather than learning to solve a problem efficiently and correctly, it's easier to just make workpapers look nice and match prior year
7. Need therapy for unsolved issues lingering from childhood and adolescence
Sums up public accounting
It’s not you - it’s me. Yes - it is very much so
Yeah it’s called fear based auditing. Doing extra work for exponentially diminishing marginal returns.
It’s exactly how I feel with some comments I receive. It comes to a point of wondering what this actually does for the work paper or even the audit.
Type A for Accounting
Just seems a little weird (bordering on maniacal) that a reviewer feels the need to change everything a staff (experienced one at that) works on - workpapers, comments, blah blah. I mean not just general mistakes. Like each workpaper has to look an exact way.
Completely agree. The best is the client / auditor grammar debate over language in the financial statements. It’s their financial statements - give it up people.
I also wonder if stuff like this becomes worse over busy season because people are tired and stressed.
I’m in Risk Advisory and hate to admit this, but I’ve left review comments for someone to go back and make sure all their working papers look the same (i.e., same font size, colours, spacing, bolding titles etc). I know it’s me being OCD, but you have to admit that it looks nice when all documents look like they were prepared by one person- clean, consistent and absolutely beautiful 🙃 Yes, I’m a little wacky, but the little things count and attention to detail is important in our profession.
I like reviewing everything, because ultimately my ass will be on the line if something if caught by a manager / senior manager that I didn’t catch. It’s cheaper for me and the staff fixing things, than if they do. It’s annoying yes, but I’m sure Managers and up appreciate it, because it’s less work for them.
PwC3 - Agreed. Stuff like that isn’t worth it on time, morale or quality. Even as a control freak people have to learn to let items like that go
Big 4 tends to attract a certain personality of people