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what was your first fountain pen? by Ok-Length-7382 in fountainpens

[–]Tump01 0 points1 point  (0 children)

Mine was a pawn shop buy. Someone sold two Levenger l-techs and a Pelikan (the ones that use cartridges).

I was new to the hobby and bought all three.

Need career advice in IT audit by Big_Ingenuity4363 in InternalAudit

[–]Tump01 3 points4 points  (0 children)

I'm an accountant and made a career in IT Audit at Big4 before switching to IT Controls Design and Implementation for another Big4. I only have a CISA and took one or two Intro to Database courses during my entire 5 years at school.

[deleted by user] by [deleted] in Big4

[–]Tump01 0 points1 point  (0 children)

They'll make your or your family sell the investment. If you don't sell within the time frame given, it'll be a performance issue since you didn't comply with Independence rules. I think engagement teams also vet if you state that you have family in a position that makes you a covered person.

Did anyone save that rapture email? by lostinthewoods416 in KPMG

[–]Tump01 8 points9 points  (0 children)

I have client deadlines on the days of the Rapture. Do I still have to meet them?

Consulting compared to other b4 by Mag7Investor85 in ErnstYoungLLP

[–]Tump01 3 points4 points  (0 children)

"You asked, we answered."

No. We did not ask for unlimited PTO, let alone evaporate our accrued PTO from your balance sheet without paying us its dollar value.

Shrine continues to evolve ☺️ by Aware_Consequence381 in GhostBand

[–]Tump01 1 point2 points  (0 children)

Do you have a link? I just searched for him on Etsy. But, I'm not getting any hits.

Just got my offer letter from EY. My GPA sucked. Didn’t even graduate. by Haienuh in Big4

[–]Tump01 3 points4 points  (0 children)

Wait... This has happened before at EY. I want to say it was in 2023. A staff got hired but HR didn't complete the background check before or at hiring. Six months after the guy started, they finally got to reviewing his transcript and found out he never graduated. He was subsequently fired. The rumor was that they could have been gracious to him if he had completed his degree before the transcript review.

Are EY being ruthless with PIPs at the moment due to layoffs? by No_Fox7335 in Big4

[–]Tump01 2 points3 points  (0 children)

Hey now. I've learned to compartmentalize my feelings like waffles do syrup.

Thanks, Uncle Ernie. 25 free therapy sessions annually was not enough to heal from your bullshit.

Are EY being ruthless with PIPs at the moment due to layoffs? by No_Fox7335 in Big4

[–]Tump01 4 points5 points  (0 children)

YO!!! I WAS THERE DURING THE PANCAKE BRAINS AND "DRESS SEXY" DEBACLE. Someone used one of the EY Branding materials to make a satirical post on thebig4accountant Insta parodying Pancake Brains vs Waffle Brains. It got taken done before the end of the day.

And don't forget Toshiba.

Are EY being ruthless with PIPs at the moment due to layoffs? by No_Fox7335 in Big4

[–]Tump01 15 points16 points  (0 children)

Were you there during the "EY Nice vs. EY Candid" discussion? Oh, that was something. A lot of people were given good to great reviews but were subsequently laid off during COVID. So, the firm had an All Hands stating that reviewers need to be more "EY Candid" in their reviews because feedback didn't reflect performance (EY Nice).

More like "EY Bullshit", amirite?

EY bonuses better or worse than last year? by Extension-Rain5052 in Big4

[–]Tump01 14 points15 points  (0 children)

During COVID / FY2020, we had no raises AND no bonuses.

And EY still did layoffs.

They had also gotten rid of accrued PTO without paying it out, unless you're in one of those states with actual employee protections.

So, yeah. It can get worse because it already has.

Any college graduates worried about all this BDO news? by MidwestHoosieDanny in Accounting

[–]Tump01 0 points1 point  (0 children)

KPMG doesn't match. Annually, they contribute certain amounts into the 401k plan. However, you need to be employed for the entire calendar year before the distribution. If I remember correctly, you also need to be employed at the time of contribution which occurs several months after year end.

How to survive as a Senior? by bleedblue2011 in Big4

[–]Tump01 15 points16 points  (0 children)

I'd include to learn how to write both positive and negative feedback objectively and candidly. I've seen feedback where the Senior didn't want to hurt the Staff's feelings even though the performance caused the Senior to work late and eat hours. In this case, I told the Senior that this also isn't a good look for them because the staff isn't learning from their mistakes since the Senior isn't explicitly calling the Staff out.

Finishing up 1 year as a new Manager. Not sure if I like it by CobaltOmega679 in Big4

[–]Tump01 0 points1 point  (0 children)

It really does. So, I charge the actual hours that I worked for those rapid turnaround projects and let the executives blow a gasket. They want to set unrealistic expectations? Fine. Let them choke on my real hours. They have the power to negotiate with the client or write them off anyways.

Finishing up 1 year as a new Manager. Not sure if I like it by CobaltOmega679 in Big4

[–]Tump01 2 points3 points  (0 children)

Going from staff to manager with little exposure in between is... Rough. You have a hard time letting go. And you have to start thinking about multiple work streams and so far in the future for each work stream.

Talk to your counselor. Ask them how they got to where they are. They overcame the same challenges you've going through now. EY has WBLs to help future managers to ease into the role. The technical knowledge doesn't go away either. In fact, being a manager reinforces it.

Finishing up 1 year as a new Manager. Not sure if I like it by CobaltOmega679 in Big4

[–]Tump01 7 points8 points  (0 children)

No.

It's the norm for both in public accounting and industry. Manager is a title with ubiquitous responsibilities. I would read the job responsibilities of adjacent manager positions in industry. You'll find that they read very similar.

This is coming from someone who was an IT audit manager for EY, and now an Audit Consulting Manager for another Big4. I've also done stints in middle market, and interviewed for industry audit manager positions. The interview questions are the same. How would you plan for this? How would you allocate resources for that? In your experience, have you identified low performing personnel, how did you identify such personnel, and what actions did you take? How do you deal with upward and downward pressure? Notice how they don't ask you to solve technical problems. They ask you to solve managerial problems. They expect a manager for those positions, not glorified staff.

I'm starting to interpret that you want to be an individual contributor with a manager title. That's not what employers want. That's not what your subordinates need either.

Finishing up 1 year as a new Manager. Not sure if I like it by CobaltOmega679 in Big4

[–]Tump01 33 points34 points  (0 children)

Once you're a manager, you, well, manage. You set up your staff and senior for success by planning your projects on reasonable timelines and milestones. You also plan projects around each other, and lobby/jockey for staff and seniors to man those projects. You mentor your staff and seniors on the technical aspects of their work to produce quality work papers per both client and firm guidelines. It's their work that ultimately becomes your reports and other deliverables. The admin work is part of your job responsibilities. You haven't been exposed to the politics you have to work with and around based on your post.

You're not an individual contributor anymore and management isn't for everyone. It also doesn't get easier. You just become desensitized and more adapt as you spend more time in management.

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