What does everyone think about the EY news?

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Sounds good for the rest of our businesses.

likefunny

Do you have some juicy info that isn’t available in the mainstream press for us?

No just wondering what everyone thinks about a mini Accenture with a Tax arm.

Lots of hurdles including 150 member firms, use of the name, funding pension obligations, legal structure, etc. Not going to happen as the firms aren’t nimble enough to pull it off

Also EY’s pension obligation is much lower and not an issue an most countries.

Disruption on its way.

Lol, same thing happened 20 years ago. Accenture, Global Resources... Just history repeating itself. Take the money and retire.

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What in-house opportunities exist for Committee on Foreign Investment in the United States (CFIUS) lawyers?

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Did anyone receive a diwali present from exl?

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I have cleared the interview with Microsoft and HR confirmed that I have been selected, but it's almost one month since I haven't received the offer letter from them. Usually how long the process would take?

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Does anyone know how does Facebook evaluate you for a position, specifically at an onsite interview? Are you able to get a good raise considering consulting salaries are bit at the higher end?

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300k NW at 25. TC 170k, is it reasonable to expect to aim for 1M by 30?

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Database Administrator with 4+ YOE , I have Lean Six Sigma Certifications as well as 30+ Mainframe Database, Python Programming and Data Science badges . Looking for new opportunities in the data science field . Any available opportunities?

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Best Bonvoy hotels in Paris, Lisbon and Porto to use points? Going on a family vacay in Feb....

Edifixio..
Any one any idea..

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Hello, my hdfc tax saver direct scheme ends tomorrow which had 3 Years lock in period, so tomorrow can I redeem all the units?or on Monday? It's surging high currently want to sell it asap.want to make a home loan prepayment of 1.54 lacs

Happy New Year!! It is January 1st!! The challenge is to play a game or do something with a family member that is relaxing and fun. Post a pic and type your name and done by Sunday 1/9 at 10pm to earn a point!

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Weird request but does anyone have suggestions for an office chair?

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For a data engineer with offer from epam, impetus and apisero, which would you prefer?

Apisero being 3lpa higher.

What's the work culture like? How is it like taking a leave? Or a 7 day vacation? Do they let you take it most of the times?

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Im working on a position for our finance dept. hiring manager wants an accountant with financial analysis and planning background mixed with core accounting functions (Accounts payable/receivable) what job title would you recommend I use. I posted as Financial Analyst and not attracting pool we wanted. Previously posted as an Accountant role and still not attracting right candidates. Thoughts anyone?

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This is how I feel when people stand on the escalator instead of walking....do you have nowhere to be?

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likefunnyuplifting

I'm currently a middle school social studies teacher (this is my 10th year of teaching) and formerly worked as a home health care manager at our local area agency on aging (4.5 years) and as a behavioral modification counselor for adjudicated teens in a residential behavioral modification program (5 years). I had a tutoring business for 1.5 years as well. I'm looking to transition away from the classroom if anyone has any jobs or job leads I might be qualified for, please let me know. Thank you!

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To prepare to present during calls, I make note of how many times the people before me say "um". It calms the nerves

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Can we get our experience letter from Deloitte USI while we’re serving the notice period?
Please confirm.

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Does Google reimburse home office equipment? Also do they provide a laptop bag?

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Additional Posts in Partners in Accounting

Expectation vs Reality: what did you think Partner was going to be like on your way there, and what would you say your experience is like now? What have you learned?

likehelpful

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.

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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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Will auditing eventually be conducted electronically using AI? What does the future hold?

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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.

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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.

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Anyone transition from a technical tax guru to a rainmaker, later in their career?

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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.

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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?

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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?

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Vaccine mandates over finally. Except for the unconstitutional hypocritical NYC mandate.

likesmart

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?

Any large firms include directors and non-equity principles in the pension plan?

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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?

likesmart

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.

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What's your best advice for someone who wants to make Partner and is early in their career?

likehelpful

What are the partner buy in at the B4?

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Does everyone have a vacation home EXCEPT me? Chime in — good investment/bad? How often used? Kids? Pets?

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What is the comp model for partners at A&M

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