August 19, 2022

Career Center

Returning to the Office? Don’t Get Fat! (Again)

Creating the perfect mom/dad bod takes time. My dad bod developed after years of slouching in an office chair, ignoring exercise, and eating and drinking pretty much everything in sight. By the ripe-old age of 35, my once bulging biceps migrated to my backside and my powerful pecs placidly plunged to meet and merge with […]

A Word on the Persistent Low Morale of the Audit Profession

We received the following email from a distraught and burnt out Big 4 auditor in the Southeast: The level of morale in the [XYZ] office is at an all time low. Discussion with low level staff, through managers, have yielded the same opinion of overwhelming expectations without the needed support from the firm. They want […]

How Do You Know When It’s Time to GTFO of Big 4? One Manager’s Opinion

Came across this on r/big4 this morning, let’s remember half of what you see on Reddit is just someone’s creative writing exercise and people who claim to make $200k/yr are often 14-year-old larpers but hey what kind of weirdo would pretend to be a Big 4 manager on the internet. Read on. I don’t think […]

Why You Need to Stop Typing ‘Hello’ in Chat Immediately

Hey What’s up Hi Hello Do you hate it when a colleague messages “hello” and then leaves you hanging while they type out the next thing they have to say? ME TOO. And we’re not alone. Instead of silently building resentment, send them this link. You don’t even have to say anything, just hit ’em […]

Is It Time To Break Up With Your Big 4 Firm? A Quiz

Some of you are familiar with the ubiquitous Cosmopolitan Magazine quiz and for those of you who aren’t, well, sorry you’ve never quantified your sex life using a five question quiz developed by some sassy intern. Today we’ve got one of our own. Is It Time To Break Up With Your Big 4 Firm? Pick […]

PSA: Do NOT Take a Pay Cut For the ‘Privilege’ of Working Remotely

In the coming weeks and months, you’re going to see lots of headlines warning that the workers’ market we are blessed to experience today is shifting back to one that favors employers as the economy starts circling the toilet. You already have seen these headlines, I’m sure. Here’s one: some HR clown who works for […]

a corgi stealing food off the counter

Blind Item: California Firms Are Paying California Salaries to Poach Midwestern Public Accountants

Are you a public accountant in a LCOL or MCOL Midwestern city? Put down the beer, open your ears, and whip out your wallet for this one. A source tells us California firms are setting their sights on comparatively lower cost of living Midwest cities to fill their vacancies. And they’re doing it not to […]

a pair of pensive people

Are ‘Strong Leadership, Agile Working, and a People-Centric Value Proposition’ on Your List of Must Haves at Work?

UK businesses within the accounting industry are understaffed by 22% and leaders everywhere are busy telling each other the things accounting professionals — particularly the younger generation — are hungry for at work. Fewer hours? Better money? Not getting scammed out of accrued PTO with a switch to “unlimited” vacation? NAH. What we really need […]

A clueless executive

Deloitte Survey: C-suite Execs are Burned Out, Delusional, and Lack Empathy (And Also Want to Quit)

There’s some new Deloitte research out this week and it is hi-lar-ious. It seems executives have absolutely no clue what their underlings are going through, mistakenly think they’re doing a good job of making said underlings think they care, oh and they too are stressed AF and thinking about quitting their jobs. Man, things are […]

PwC Chad vs KPMG Virgin

PwC UK is Being Very Picky About Who They Hire (Yes, Even in This Market)

PwC has whipped out their prestige and is wagging it around in everyone’s faces. eFinancialCareers reports that despite accounting firms everywhere struggling to recruit and retain any talent not just the best and brightest PwC is being picky about who it brings in: There’s been no shortage of applications for PWC’s student jobs this year. […]

Top 5 Reasons Why Employers Want You Back In the Office

The debate over employee work preferences continues to explode. Many employers actively ignore employee preferences, particularly when employees favor fully remote work. In recent weeks, even more companies demanded that employees return to offices, immediately, or else. Employee preferences aside, why do companies want everyone back in the office? 1. Companies are losing grasp on […]

The Audit Profession’s Inability to Retain Talent Poses a Serious Threat to Audit Quality

Just about every employer in corporate America is singing the blues about talent shortages caused by the Great Reset and the Great Resignation. However, these effects are not being felt uniformly across all businesses. Those employers with a history of mismanaging their human capital, like the largest audit firms, are being hit the hardest. The […]

a lightbulb on a chalkboard

10 Lucrative Side Hustle Ideas for Big 4 Accountants

Things are getting pretty bad financially for all of us right now; grocery trips are digging deeper into our pockets every time we pick up a few things, rents are rising, and gas is up to $37 a gallon ($40 by the time I finish this sentence probably). Inflation is expected to remain high through […]

"peace out" in magnetic poetry

If You’re Quitting Public Accounting Try Not to Burn Bridges on Your Way Out In Case You Need to Come Crawling Back

A few months ago business sections across .coms everywhere were getting blown up with articles about “the boomerang,” an imaginary trend whereupon corporate quitters discover the grass is not in fact greener on the other side and come crawling back to their former employers. Like this March piece from Forbes: According to experts like Anthony […]

a man face down on a desk with a notebook over his head and spilled paper all around

In Shocking News, Millennials Are Working Harder Because Their Coworkers Keep Quitting

Feeling more burned out than usual these days? You’re not alone. Fast Company reported earlier this week that as the Great Resignation rages on Millennial workers in particular are feeling the burn: In 2022, most Millennials are in the peak of their careers, having amassed decision-making power in management and senior leadership roles. But as […]

a slice of pizza on a plate

Pizza Parties In Lieu of Compensation: A Comprehensive History

Have you attended a pizza party lately? Has your firm been trying to seduce you back into the office with the promise of under-seasoned jarred sauce and crust? Have you ever stared down a tiny tub of garlic butter sauce wondering wtf you’re doing with your life? Then this piece (heh) is for you. Wikipedia […]

When Is the Right Time to Leave Public Accounting?

When I started in public accounting, one of the audit partners I worked with shared the elevator metaphor: working in public accounting is like riding an elevator—the longer you stay on, the higher up you will go. When should you leave? The go-to response from all partners at every firm (stay until manager) is probably […]

a woman meditating in a field

Here’s a Piece of Practical Self-Help Advice For Those of You Working This Weekend

Namaste. @masood_boomgaard You are not your job.#fyp #foryourpage #comedу #motivation #selfcare #selflove #tiktok #tiktokusa #mentalhealth #antiwork ♬ original sound – masood_boomgaard Thank you, @masood_boomgaard!

the word goodbye in plain letters

It’s Official, the Only Way to Get a Decent Raise Is by Leaving Your Firm

As public accountants pull the ripcord and bail out from their firms in droves for the greener grass of industry, government, and even the blissful quiet of unemployment so they can figure out what they really want to do with their lives there’s a lot of talk about the abandoned workloads being dumped on the […]

Robot Pointing on a Wall

Are You Future-Ready? Learn How to Get There at This PICPA Event

For the generations that have provided free technical support to grandparents everywhere since the ’80s and ’90s, it can be difficult to admit that the rapid pace of technological innovation is intimidating at times. There’s no denying things are changing fast. While business writers push endless streams of science fiction about robots taking jobs, technology […]

An old anti-drug McGruff the Crime Dog poster

If the AICPA Offers You a Career In Accounting, Just Say No

With the AICPA making filling the CPA pipeline one of their 2022 primary strategic initiatives (see page 11 of the 2021 AICPA Trends report for the full list of pipeline-filling activities they will be going hard on this year), I thought now might be a good time to dust off the ol’ 1980s D.A.R.E. programming […]

6 Rules of Audit Room Etiquette

As workers return to the office, many auditors find themselves visiting client sites for the first time. Given the two-year in-person hiatus we’ve all just been through, even first-year seniors don’t know how to approach audit room protocols. So here are some key rules you should follow in the audit room whenever you do go […]

In the Trenches: My Three Least Favorite Audit Rooms

Audit rooms come in all shapes and sizes—usually small, often windowless, sometimes with chairs you can actually sit on, and almost always as far away from the finance/accounting department as possible. After eight years in public accounting, I have loads of unforgettable audit room experiences. Here are just a few. The hostile work environment This […]

A child covering their face in embarrassment

Let’s Say Theoretically You Crap Your Pants Your First Week at a Big 4 Firm, What Should You Do?

Saw this on r/big4 over the weekend and while it’s obviously completely made up (despite being posted on the internet where absolutely nothing is fake ever), much like an account man getting his foot run over by a riding lawnmower by a secretary at an advertising firm, surely this has happened somewhere at a Big […]

a woman carrying a large stack of books

4 Reasons Why the Profession Is Struggling to Convince Students to Become CPAs, #4 Will Not Shock You

I buried the link I’m about to share with you all in Footnotes last Friday; however, since its author intended for it to spur a conversation about the profession’s pipeline problem, I thought it best to highlight it in its own post should any of you feel like discussing it. “In my view, the future […]

a man pointing to a line graph

State of the Accounting Profession 2022 Via the AICPA Trends Report

As I snarkily mentioned last week, the AICPA has finally released its much-anticipated 2021 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits (or Trends, for short) report [PDF here], a behemoth data dump of accounting industry stats first released in 1971 and released every two years since 2009. We’re […]

Busy Season Problems: Sunday Funday, Lost Tax Documents, In Need of Super Powers

We are officially one week away until our tax pro friends complete the long, arduous first leg of busy season. And based on all the extensions they are filing for procrastinating clients, the second leg of busy season, which wraps up this year on Oct. 17, might be just as crazy. Let’s take a look […]

a woman's hand holding a cat-o-nine-tails whip

The Workplace Is Like BDSM Without a Safeword, Says Guy Who Just Described Your Job

While traipsing through the back allies of the internet the other day, I came across a mention of anthropologist David Graeber and his 2018 book Bullshit Jobs: A Theory. Being entirely unfamiliar with this title but wholly acquainted with jobs of the bullshit variety (believe it or not, my current one does not fall into […]

You Know Things Are Bad In Public Accounting When First-Years Are Getting Dragged By Interns

We love a good rant—whether about public accounting in general or about a co-worker, like this one posted on Fishbowl yesterday by a Big 4 intern about a staff 1 he/she works with who sucks at Excel, won’t shut up about work-life balance (or the lack thereof), and has no desire to take the CPA […]

Reminder: Don’t Forget to Turn In Your Timesheet!

You guys got a lot of things on your to-do list right now. We don’t want you to get in trouble for not remembering to do this. We’re here for you. Have a good weekend. Love, Your friends at Going Concern

The Boomerang: Who Says You Can’t Go Back to Public Accounting?

Most people who leave public accounting have absolutely no intention of going back. These days public accounting would probably take you back in a heartbeat if you changed your mind. But if you feel like you could use another “drink from the firehose” to help propel your career forward and provide you a missing experience […]

In Honor of International Women’s Day, Let’s Recall Some Important Rules For Women In the Workplace

Happy International Women’s Day, everyone! Yes, even you men. Actually, especially men. We’re counting on you all to lead the way and set a good example for those among you who may not have gotten the memo that women contribute so much more to society than clean dishes. Even something small like recognizing the achievements […]

The Moment I Knew I Was Done With Public Accounting For Good

When did you decide you were done with public accounting? Not the moment you decided to accept an offer to go work somewhere else, but the moment you decided there wasn’t a snowball’s chance in hell you would stay—the moment that cemented the decision to start looking for the right opportunity to get the hell […]

Considering a Move? Don’t Believe Everything Partners Tell You to Convince You to Stay

Thinking about leaving public accounting? You are not alone. With burnout and attrition at an all-time high, partners will tell you almost anything to keep you on board. Often half-truths at best, the lies told to staff, seniors, and managers alike are nothing new. Here are some of my personal favorites: Lie #1: If you […]

Opinion: If You’re Burned Out It’s Probably Your Fault

The post I’m about to share with you appeared in CPA Practice Advisor yesterday, and while it is written for firm leaders and not the grunts at the bottom of the ladder (that’s you), I thought it worth sharing because … well … you’ll figure out why in a minute. It’s been long established that […]

Believe It or Not, You Can Master Work-Life Balance While Studying For the CPA Exam

According to the Bureau of Labor Statistics, employment prospects for CPAs are expected to increase by 22% between now and 2028. Earning a CPA accreditation signals to accounting firms that you’re dedicated to advancing within the field, and gaining CPA expertise early in your career opens up a range of prospects, including higher income and […]

Tax Preparers Use Valentine’s Poetry to Express Their Busy Season Problems

Happy Valentine’s Day! Believe it or not, our friends on #TaxTwitter possess talents that stretch far beyond understanding the tax code, deftly dealing with awful clients, drinking massive quantities of coffee, and being able to function somewhat like a human after working 80-plus hours a week. They can also write poetry! And what better day […]

Busy Season Problems: K-2/K-3 Is Not OK; Weird Smells; Shadowy JPEGS

From time to time we like to check on our tax peeps to see how they’re holding up during busy season. Well … there’s the new schedules K-2/K-3 requirements for pass-through entities (see Michael Rapaport’s article for Bloomberg Tax on the new IRS foreign income reporting requirements for partnerships), which is driving tax pros completely […]

a dog with its head on a table looking sad

Surprise, You’re Depressed

New research conducted across the pond by the accountant well-being charity caba shows that more than half of accountants surveyed — 56% — are stressed and burned out, compared to 41% of those across a range of sectors, business sizes, and positions. Writes ICAEW Insights about the survey results: Accountants are significantly more stressed than […]

What Would You Do If Your Firm Fired You Early In the Pandemic Then Begged You to Come Back Two Years Later?

Remember that immature jackass you dated in your youth who treated you like trash at every turn, and then when they finally got around to ending things, they did so in some spectacularly terrible way like banging your best friend or “accidentally” posting your private home movies on various XXX dot coms? Surely some of […]

This Year, Let’s Normalize Actual Time Off In Public Accounting

For far too long, the accounting industry has been plagued with this idea that sacrificing your personal life for the firm is some badge of honor to be celebrated rather than pitied. When millennials showed up in the workplace, we started destroying this concept just like we destroyed frozen food sit-down restaurants, the wedding industrial […]

We Did It Guys, We Found the World’s Most Insufferable Accountant

Once again, r/linkedinlunatics comes through with the gold: Either this guy is really, really serious about his job OR — and more likely — just really bad at figuring out how to get 16 hours of work done in 10. If Reddit existed 20 years ago, the comment section on that post would likely be […]

a stack of binders

Despite 65-Hour Weeks, You Should Consider Doing Client Work on the Side, Says Guy Who Did Side Work Back In His Day

I would like to preface what I’m about to write with an important note. I have the utmost respect for Ed Mendlowitz (not like he gives three quarters of a rat’s butt cheek what I think of him because who the hell am I), he is an OG of the profession, and we are all […]

a remote highway and mountains

EY Global Chairman Carmine Di Sibio Warns Zoomers Their Careers Are Screwed If They Stick to Remote Work

EY Global Chairman Carmine Di Sibio wrote a piece for Quartz recently on how young professionals can navigate today’s hybrid work environment (well, his communications team did anyway) and we found a few bits particularly noteworthy for early-career accountants eager to get ahead in today’s, uh, interesting work environment. You might want to grab a […]

2022 Accounting Internship Programs, Ranked

Winter is coming, and new stars will soon be born in public accounting as the latest wave of interns are about to flock to a windowless cubicle near you. And just in time for the arrival of this latest group of fresh, smiling-faced youngsters is Firsthand’s (formerly Vault.com) ranking of the top accounting internship programs […]

Ready For Something New? Find Out How to Land an Accounting Job You Won’t Hate

I’m no psychic or anything but I’m willing to bet a large majority of you reading this right now have your resume updated and ready to fling at an eager recruiter at a moment’s notice. Maybe you’re not actually looking for a new job, but as you watch your public accounting cohorts jump ship one […]

There May Never Be a Better Time Than Right Now to Find a Remote Tax Job

It’s the best time ever to find a remote tax job according to our friends over at Accountingfly (full disclosure: they own Going Concern so by “friends” we mean “benevolent overlords”): October through December is always the “high season” for tax hiring. For tax professionals, there are only so many times during the year that […]

The CPA Credential and the Profession Are in a Race For Relevance, Says ICPAS CEO Todd Shapiro

Interest in the CPA credential has been down significantly since at least 2016, and we have discussed this issue to death so I don’t need to link you to the evidence (but here’s some anyway). The problem here is that talking about it isn’t solving it, thus we will continue talking about it and hope […]

The Bar Has Been Raised For New Hires and There’s One Skill In Particular Firms Are Looking For

Although the old guard (read: Boomer partners who refuse to retire) might tell you that kids these days have it too easy, the reality is that today’s accountants are expected to possess a far more varied Swiss Army Knife of knowledge compared to the whittlin’ stick of yore. What’s our evidence for this claim? The […]

How Is #TaxTwitter Holding Up Before the Oct. 15 Deadline?

About as well as you’d expect: I realized I forgot to file an extension for my brother’s return how is everyone else doing today — Lorilyn Wilson, CPA (@LorilynWilson) October 14, 2021 Got up yesterday at 7:30am. What time did I go to bed? I'll let you know when that happens. Yep, this tax season […]

Early Black-Owned CPA Firms Pushed For Diversity Before Pushing For Diversity Was Cool

Firms established by pioneering Black CPAs decades ago created an indelible legacy within the accounting profession. Built by Black CPAs who succeeded despite adversity, the firms continue to play an important role in the profession’s recruitment and advancement initiatives, and with the clients they serve. Here are a few examples. Guiding others along the journey […]

Opinion: It’s the AICPA’s Own Fault No One Wants to Be a CPA Anymore

[Ed. note: we received the following in response to my newsletter column dated September 14, 2021. In the column, I referenced the 2019 AICPA Trends report, which stated that non-accounting majors made up 31% of all firm new hires at that time. The reader comment is published here with permission from its author who wishes […]

Jerk Client? Here’s a Way to Get Revenge and Some Billable Hours at the Same Time

Brilliant. Er, I mean wrong. So, so wrong. Terrible, even. Definitely do not do this. But if you do definitely let us know how it goes. I’m an Accountant, every Christmas we have a vote for the client who’s been the biggest prick of the year, then I report them to HMRC regardless of if […]

Number of the Day: 53

The average age of a non-Big 4 public accounting firm partner hasn’t really changed at all in the last three years. In late December 2018, CPA Journal analyzed the results of the 2018 NYSSCPA–Rosenberg Practice Management Survey and mentioned this in regards to partners’ ages: Partners have gotten slightly younger, both in terms of average […]

TIL There’s Something Called ‘Turnover Contagion’ and It’s Probably Happening At Your Firm Right Now

We here at Going Concern have never been enthusiastic fans of buzzwords. Whether they’re cluttering up your LinkedIn profile or awkwardly littering a Big 4 Twitter account, our tolerance level for buzzwords is a steady nil at all times. That intolerance may be changing now as we continue the journey forward into the accelerating Great […]

A Look at the Leaders Driving Diversity and Inclusion In the States

A number of Black CPAs have risen to the leadership level at several state CPA societies, either as board chairs or chief staff officers. Diversity, equity, and inclusion (DEI) is also at the top of many state societies’ agendas. Here’s a look at just a few of the many people in state CPA societies helping […]

EY Thinks Its Women Can Make or Break Their Careers On the Golf Course

It’s been years since the show ended but I started a rewatch of Mad Men recently, and when I came across the article I’m about to share with you, I couldn’t help but think of a particular scene. This episode aired 13 years ago (yikes) so I’m hoping none of you will need a spoiler […]

What Exactly Is the Profession’s ‘Pipeline Problem’ and Why Should You Care?

I realized the other day while halfway through typing out a rambling sentence that barely had anything to do with accounting in a separate post that I’ve written about the profession’s pipeline problem several times over the last few months but hadn’t ever really defined it. I’d reference back to things here and there but […]

Let’s Talk About What the Profession Can Do to Advance Black CPAs

Three leaders of the Black CPA Centennial’s organizing partners—whose everyday missions support and promote the advancement of Black CPAs—offer insights on the main barriers Black professionals face, the roles their organizations play in helping overcome those barriers, and what the CPA profession can do collectively to progress in achieving diversity, equity, and inclusion. The organizations […]

In Obvious News, Turns Out Working Fewer Hours Leads to More Productive Workers

So, my job is measured in output. When Accountingfly brought me back to Going Concern in late 2018, we agreed upon me delivering x number of articles a week for y amount of money and that was that. There’s a loose expectation that I’ll write more than a sentence when filing a story, but funny […]

Science Confirms That Mind-Numbing Overtime Sucks

2020 delivered much sorrow and absurdity but also brought us catchy new phrases. “Follow the science” has worn out its welcome in many circles, but I’m willing to resurrect this phrase for a just cause: debunking the myth that relentless overtime is a necessity in the accounting profession. Without further delay, let’s take a nice […]

F*ck the Firms, It’s Your Show Now

Several weeks back I had an early morning appointment halfway across town and though I usually bike everywhere, I decided I didn’t feel like working up a sweat at 7:30 a.m. so I called an Uber. Rather, I attempted to get an Uber, however not a single vehicle was on the road. I live in […]

job

Making Remote Work: June’s Hottest Remote Accounting Jobs

Looking for a truly remote accounting job—one that doesn’t transform into an in-office grind after a few months?  Accountingfly is the answer to your “never commute again/never wear suit pants again” prayer–their core business is placing candidates in 100% permanently remote accounting jobs.  Whether you’re looking for a permanent position or a freelance/temp gig, check […]

It Doesn’t Take Much to Keep Moss Adams Interns Happy

All it takes, apparently, is to keep them hydrated.

I Started a New Controller Role During a Global Pandemic and Found Silver Linings

After years at a private equity-backed technology company in Seattle, I had an opportunity to take on a new role as controller at CorneaGen, a mission-driven organization devoted to transforming cornea care and eliminating corneal blindness worldwide by 2040. This role blended two passions: my love of accounting and a childhood love of medicine. The […]

Number of the Day: 59%

While not public accounting specific, that is the percentage of top performers who had their promotions postponed within the past year due to the Rona pandemic, according to the results of a recent Robert Half survey. So as a result of not being able to drink that sweet promotion juice, 38% of professionals surveyed said […]

Friendly Reminder: Take a Day Off, Who Cares

Many years ago, I had this somewhat demanding job that happened to also be a really fun place to work, so while it was stressful and the hours were long, I found myself reveling in this because I actually enjoyed it most days. Now, I realize this may be a foreign concept to some of […]

Fat, Balding, and Broken Legs: The Consequences of Working in Professional Services

Last week I wrote an epic poem to the art of suffering. The TL;DR is that it’s dumb to work yourself to the bone for an employer who sees you as an expendable resource and bragging about how many hours you put in doesn’t mean you’re any better at your job than the guy in […]

Your Suffering Is Not Noble So Let That Sh*t Go

Before I get into this, I feel it’s important to explain where I’m coming from. You see, I had a turbulent childhood. Not “damn, my mom won’t buy me a Power Pad!” turbulent, I only wish that had been the extent of my troubles growing up. I won’t get into too much detail as I’m […]

You Can Easily Replace ‘Investment Banking’ with ‘Public Accounting’ In These Reactions to the Goldman Sachs Workplace Abuse Claims

Unless you’ve been living under a rock or neck deep in tax returns, you probably heard about the recent allegations from 13 first-year analysts who work at Goldman Sachs that their employer is actually a sweatshop disguised as an investment bank. In a Working Conditions Survey created and only answered by those 13 GS analysts, […]

Believe It or Not, There Are Advantages to Getting CPE In a Virtual Setting

If there’s one main thing pandemic living has taught us it’s how to pivot. For many of us, we’ve had to figure out how to do our jobs at home (oftentimes while simultaneously wearing our parent hat). Our kids have had to adjust to learning in virtual classrooms. The past year has forced some people […]

The Truth About Public Accounting, Part III: The ‘A’ In PCAOB Stands For ‘Accounting’

An article titled “PCAOB Inspections: Public Accounting Firms on Trial” describes the results from an academic study and survey about the effects on auditors who have been subject to PCAOB inspections. One of many good observations from that academic study is repeated below: Respondents collectively perceive that audit quality has improved as a result of […]

The Truth About Public Accounting, Part II: PCAOB Inspection Hysteria — How to Fix It

While there is a consensus that the PCAOB’s existence has improved audit quality, it is also clear that the PCAOB has contributed an unhealthy level of hysteria to the auditing profession. That hysteria has led some professionals to make horrible choices (as seen in the KPMG inspection selection leak scandal). That hysteria has also driven […]

Here’s the Sign You’ve Been Waiting For From the Universe

Contrary to popular belief, you can in fact quit during busy season. Life’s too short to be so miserable.

Protip: Moving Soon? You Might Want to Hide Your ZIP Code From HR

Remember a couple weeks ago when we discussed potential work-from-home adjustments for salaried workers now living in lower COL areas thanks to the Rona? In case you forgot, the gist of it is that this is already happening in the tech industry, so there’s no reason to assume accounting couldn’t possibly follow suit. The comments […]

Nearly a Third of Workers Say They’d Quit Before Returning to the Office When All This Is Over

When the world abruptly turned upside down and drove everyone inside their homes last March, many (perhaps optimistically) thought it would end up being a very brief experiment in what happens when white-collar workers are forced to do their jobs remotely for a couple weeks. We know now “two weeks to flatten the curve” was […]

The Truth About Public Accounting, Part I: How the Sausage Is Made and Those ‘Best Places to Work’ Surveys

Your biggest busy season assignment is a public company audit. The audit looks well-staffed six months before fieldwork starts. But by the time fieldwork begins, the staffing has completely unraveled. The in-charge has left the firm. You get a battlefield promotion to be the in-charge. High staff turnover in the office and the demands of […]

This Jilted Recruiting Candidate Has Some Strong Words to Say About RSM Canada

Spotted this on Reddit this morning and … man. In a post on r/recruitinghell this past weekend, this brave soul takes RSM Canada to task. Among the perceived grievances? Well, a total lack of communication seems to be the big one. Let’s dive in. I’ve had it with you all. You’re all a bunch of […]

Friendly Reminder, Millennials Are Officially Old Enough to Sue You For Age Discrimination

Depending on who you ask, the oldest Millennials are turning 40 this year. Having just turned 40 two weeks ago myself, I’ve already gone through the various stages of denial, acceptance, and general indifference to the fact that I now have four decades under my belt. But now it seems the old guard who have […]

WFH In 2021? Get Ready For Those Remote Salary Adjustments

I hate to be the bearer of bad news as we head into a brand new year but just in case y’all thought this WFH thing would mean potentially being able to upgrade to some huge rural property at your generous “city” salary … not so fast. A recent Bloomberg article says it’s already happening […]

Why You Should Just Read the Chapter Already

I had a dream the other night that I was back in managerial accounting. A few of my classmates back then would call it a nightmare. It was second semester of my sophomore year and somehow this general business course was harder than the first intermediate accounting that I was also taking at the time. […]

Firms Were Absolutely Savage Toward Staff During the Great Depression

Sid Kess was into accounting before it was cool. At least that’s what we can glean from his article in The CPA Journal the other day. In it, the Journal editorial board member explains his first exposure to accounting was observing his accountant dad, who’d lost his bank controller job in the winter of 1931 […]

Number of the Day: 1%

1%. That is the percent of CPAs in the United States who are black. To put that into perspective, there are 658,267 actively licensed CPAs in 53 of the 55 licensing jurisdictions as of September 2, 2020 (Hawaii and Utah aren’t included in the data we found via NASBA for some reason). I’m math-averse but […]

Get Sensitive or Else: How to Keep Talent When the World’s Gone Crazy

As hardcore accountants, you and your talent probably aren’t suffering quite as much from the death of office culture as the rest of the world. How many of you really cared about the PR puff stuff that was a distraction and time suck?  However … Even the most laser-focused, bottom-line-oriented accountant is missing something in […]

Job of the Week

Job of the Week: Remote International Tax Manager at WilkinGuttenplan

Featuring a tremendous career opportunity in a rapidly growing practice group of a well-established firm for CPA with 6-8 years of international tax experience. Offering a flexible culture, attractive compensation, and significant career upside with regular one-on-one partner interaction and partner-track potential (if desired). WilkinGuttenplan is committed to work/life balance, a culture of multi-generational collaboration, […]

Finding the Best Accounting and Finance Talent In a Gig/Remote Work World

Even before the events of 2020, the gig economy was surging and remote work was on the rise. But the last few months have placed those trends into a pressure cooker, accelerating them at a rate far beyond even the most forward-thinking predictions. Some of the best accounting and finance talent had already gone remote, […]

It’s Totally Clients’ Fault If You Get Dragged Back to the Office Early

While the pandemic rages on, overpaid brains everywhere are wondering what office life will look like when things return to some semblance of normal. And while the accounting profession remains divided over whether working from home is the greatest thing ever or an advanced form of torture, it’s looking more and more like firms will […]

6 Real-Life Embarrassing Accounting Résumé Mistakes You Never Want to Make

Writing your résumé is a big deal, wouldn’t you think? Especially if you really need a job to maintain your lavish lifestyle or keep your kid in video games. There are maybe a handful of things in life that you don’t want to screw up—think marriage proposal, your CPA exam, and, yep, a résumé is […]

Getting Interrupted at the Workplace Is Probably Stressing You Out

Although it feels like it was a lifetime ago, I’m going to ask you to recall back to The Before TimeTM when everyone still worked in offices. Picture it: you’re back at your desk, deep into a project, and finding your groove. Your fingers are tapping away, and the work is getting done before your […]

Number of the Day: 75%

Ed. note: This article was originally published October 2020. That’s how many AICPA members are eligible for retirement this year, according to a 2015 exposure draft [PDF] put forward by the AICPA to add “retired” CPA status to the Uniform Accountancy Act. For several years, there has been discussion as to whether or not there […]

Yes, You Can Make More Money as a Freelance Accountant or Finance Professional

The pendulum has swung: accountants and finance professionals can make more money—and have wayyyy more freedom—taking on freelance work, especially when compared to a full-time salaried position at a public accounting firm. Just imagine it! Working from home in your pajamas, setting your own hours, taking Netflix-and-nap breaks. No co-workers bugging you with stories of […]

2021 Accounting Internship Programs, Ranked

Hey wannabe public accountants, Vault today released its ranking of the best accounting firms for interns in 2021, and of the 15 firms included, two are in the Big 4 while five others are among the top 15 largest firms in the U.S. More than 11,000 current and former interns were surveyed earlier this summer […]

Ding Dong the Open Office Is Dead

… and the ‘Rona killed it. In a Fast Company article this week, we find that the much-hated open office is likely in its death knell, just another victim of that pesky global virus. It’s been embraced for saving money, hated for its lack of sound privacy, blasted for reinforcing sexist behavior, and even cited as a […]

Tracker: These Accounting Firms Have Either Cut Jobs or Pay (or Both) During the COVID-19 Crisis

[Updated on Oct. 19 with information about BDO USA.] In case you haven’t noticed, there have been a lot of salary reductions and jobs lost throughout public accounting over the past couple weeks as a result of the coronavirus pandemic. And it sucks. So we’ve started compiling a list of firms that have resorted to […]

Job of the Week

Job of the Week: Remote Accountant w/ Sage-Intacct Experience

Going Concern’s Job of the Week features a CPA firm looking for a Remote Accountant with a strong working knowledge of Sage-Intacct and church client experience. If you are interested in this job, we invite you to apply with Accountingfly.  APPLY NOW (updated link) | Accountingfly connects you with virtual accounting jobs with the best […]

You Better Put Pants on Before Your Firm Decides to Implement a Work From Home Dress Code

Remember way back in March when the world came to a stop and offices everywhere shut their doors to employees, driving many of us inside? I distinctly remember the collective sentiment being something like “well, whatever, it’ll be over in a few weeks.” In fact, when my own state’s governor locked us down until the […]

What To Do If You Think You’re About To Be Fired

With the news this week that KPMG trashed a bunch of its workforce cuz Rona or whatever, we thought this might be a good time to talk about what you should do if you think you might get the axe. I wish I’d read an article like this a few years back when I got […]

Ask GC: Is It OK to Renege on a Previously Accepted Offer For an Offer From a Bigger Firm?

Back in the day, advice emails were our bread and butter. Well, more like my esteemed former colleague Caleb Newquist’s bread and butter. He loved cranking them out while I really had to be in the right mood otherwise I’d end up telling some poor intern to go fuck themselves just because I could. The […]

These Colleges Have Cranked Out the Most Public Accounting Firm CEOs and Managing Partners (2020)

Now that INSIDE Public Accounting has released its latest ranking of the top public accounting firms in the nation by revenue, we thought we’d update a post from last year about which colleges and universities have graduated the most firm CEOs, chairmen, and managing partners. As we did last year, we looked at IPA’s most […]

Learn How to Make Financial Forecasting as Easy as Finding Your Favorite Pair of Socks

Hey guys, do me a quick favor. Clear off all those empty Dunkin cups, doughnut crumbs, crumpled up Post-It Notes, old pens that ran out of ink, and that Xbox controller off your coffee-stained desk calendar, find the block for Thursday, Aug. 27, and write in “Webinar, 11 a.m. ET/8 a.m. PT.” Because who couldn’t […]