I’ve been in PA two years now, and I still don’t understand how equity accounts work. What should you know by now that you don’t?

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You're fine bro. My managers don't understand how equity accounts work.

likefunny

Ah equity accounts. Should they roll? Sure. Do I always have to ask the client why the hell it doesn’t roll? Yep.

likefunny

Best thing I ever saw was “push” on one of the lines. I asked what it was and the client explained to me that there must be another amount somewhere because obviously it wouldn’t work without it. He explained by showing me how to calculate the plug.

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Equity? What's that?

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No one really understand the equity accounts

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I feel this

It can be like the boiler room of the balance sheet with its own rules and dense legal agreements filled with what-if triggers.

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