United Platinum Upgrades: Flying Denver to Boston and I’m typically ~20-30 on the upgrade list. What gives? Is it always this impossible to get upgraded? I matched plat from Delta when I moved to Den.
How many hours are you on pace to bill this year and what is your year and practice?
I'll start: 1st Year / Regulatory / 1,500
Apartment hunting. What are thoughts on East Village and Fidi as neighborhoods? Are there any areas of Fidi that won’t be dead after 8pm or on weekdays? Are both safe?
Anyone have a realtor they can recommend that would kick back a portion of their commission on a > $1.5M purchase. Please DM. Thanks!
Uhmm so a customer just threatened to sue me, is that a normal occurrence and should I be worried?
How does a person determine the root of their burnout? I feel like I’m in a cycle of it where spring busy season kills me, then I get back to normal just in time for fall busy season, recharge after then we’re to Jan 1 again and back in the thick of it. The partner I work under approached me about it today...said I do great work, but she can tell I’m unengaged and unhappy. She wants to help me make things work but idk how to even determine what needs to change.
Seeing some 2bhk apartments in jersey city for 600-700k on Zillow.
1. Are Zillow prices accurate?
2. Is 600-700k typically on a lower end or is it actually the price right now in jersey city?
How are you guys dealing with non-desi partners who take things really slow when it comes to marriage? Parents are freaking out that I'm going to be too old to have kids
Currently an S1 in audit in Dallas. Thinking of transferring to Chicago after this next busy season. Is a car necessary if I stay in audit? Would I be able to rely on mass transit?
Does anyone know which agencies are splurging on digital yachts for digital parties at digital Cannes this year?
Got offers from below for Oracle DBA profile. Please help me choose.
Wipro(Technical Lead) - 19.89 fixed(includes gratuity) + 2.19 variable
LTI(Program Implementation Specialist) - 22.6 fixed(includes gratuity) + 3.4 variable + 1 lakh JB
Fujitsu(Technical Support Expert) - 25 fixed(includes gratuity) + 1 lakh JB
UL India(IT Database Lead) - 24 fixed(includes gratuity) + 2.4 variable
General Electric(Lead Professional Band) - 23 fixed(gratuity excluded) + 3.45 variable
YoE - 8.3
When you followed every piece of advice on paid social ads but do not know how to use hashtags.
How do I train myself to eat out of necessity not pleasure? I don't overeat but I always have the desire to eat something new instead of leftovers.
As digital and social job responsibilities continue to merge more into each other’s territories, what do you think will be the most coveted titles in 5 years? 3 years? 1 year?
Those of you who were successful, how did you go about talking to your counselor about wanting to switch offices/service lines?
Any inputs on selling BTC? Hold or Sell? What would be the best target price looking at the current run before it tumbles down to 2k.
Ugh!!! Why do managers make things harder than they need to be? I hate it when my manager takes on work without knowing what the full scope of the job is. (Cont'd)
Additional Posts in Partners in Accounting
I’m considering joining EY in London. Currently at a boutique consultancy. I joined Fishbowl to try to get a sense ‘from the inside’ of the Big4 as I don’t have close contacts I can ask. I’ve seen a lot of griping in the other channels from more junior staff about comparatively low pay, EY not keeping up, clunky tech, etc. Is that just normal / expected grumbling? Would be really interested in the Partner perspective on this. Feel free to DM if more appropriate. Thanks!
What does everyone think about the EY news?
Work in tax, moved to a new state a number of years ago and didn't transfer my CPA license. Got a partner offer from a top six firm in my new state. Can I become a partner before I transfer my license to my new state?
How is the current madness around Omicron affecting your firm? Are you implementing or changing policies to address it? Know this is a touchy subject, just taking a pulse.
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?
Guys - can anyone share earnings at BDO and RSM at 1-5 years of partner experience. Trying to negotiate with one of these firm and will be helpful to know.
Will auditing eventually be conducted electronically using AI? What does the future hold?
What is the comp model for partners at A&M
Vaccine mandates over finally. Except for the unconstitutional hypocritical NYC mandate.
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.
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?
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.
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.
What's your best advice for someone who wants to make Partner and is early in their career?
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
For US locations of Big Four firms, please indicate your covid vaccine policy and effective dates for when those policies started.
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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The same that you would say to a young boy. ‘Go for it!! You will do great’
Same thing I’d tell any child, male or female, if you want something and put your mind to it, you can do it! As a female partner, this question really disturbs me. Every child should be encouraged to pursue whatever career excites them.
Why is it surprising that a daughter would have an interest in this or that they would be interested in a stressful career path?
Absolutely a great career for a female!
I'm going to give OP the benefit of the doubt here and assume that they were surprised about their daughter's interest in the profession because of their daughter's character/personality, as opposed to "bUt ShE's a GirL"...
I would mirror what some other respondents are saying and suggest the "supportive parent" approach of affirming that she can do anything she sets her mind to!
You should also have an open, honest discussion with her to see what it is about your profession that has sparked that interest, opening the door for a further discussion about some of the challenges that you have faced in the profession that may not be obvious/visible to a young family member who has some degree of insulation from your day-to-day work life.
Finally, I couldn't toss a racquetball into our open-office floorplan without it eventually hitting a man in a leadership position - I have had plenty of potential mentors to choose from throughout my career, however a young woman starting off in our profession likely still won't have that same level of choice for quite some time. You should consider getting her in touch with a woman who is at the same level as you (or higher) in your firm or a similar firm; she will have a better perspective than us (and therefore better advice) with respect to the expectations and likely experiences of a young woman considering a career in our profession.
Hope this helps.
Btw, all the gaslighting here is reflective of the misogyny in our society. Somehow pointing out the misogyny is wrong but the actual misogynistic question itself isn’t. Have faith in your daughter(s) being able to handle something that apparently OP can’t. Underestimating a child’s abilities is not a desired parenting skill. Instead, teach your children to have the confidence to handle life’s stresses and PwC 3 and 4, shame on you for saying stupid and passive-aggressive comments like “bless your heart” I’m glad my partner group is more competent than ya’ll.
OMG sweetie!! Partner was only identifying it was his young daughter and not his son that asked the question. And something that simple set you off on all of this? Wow. Must not take much from a client to rile you up. Glad you’re from the south so you at least know where I’m coming from in all of this. Lighten up, you’ll have more fun along the way instead of ready to pounce with an identifier
You really came here for Parenting advice?
How old is young? Think your answer depends if you are talking about 10, 15, or 20
My college freshman daughter is a declared accounting major. Around 50% of firms are women. Also, there are so many opportunities outside public as well for a career, job etc that meet your needs. I told her that public accounting can be stressful and that it can be very flexible as well. She liked accounting class in high school and wants to pursue. I had her talk with a few Junior and Senior college students in accounting and to talk with a couple of audit staff who finished their first year in public. My advice is less valuable than the "peer" advice of people.
Pushed my kids to go CS. Same stress, better pay