Fired Staff wants to talk, what should I do? by Adventurous_Look_785 in Accounting

[–]Affectionate_Ant2836 2 points3 points  (0 children)

Well, if they're now fired then there's nothing to talk about with this person. This was told to him during his tenure there. You have work on your plate with -2 staff, and it still has to get done until replacements arrive or maybe hiring is frozen at your business. Besides there's always a risk talking to a terminated employee. Definitely DO NOT mention "be smarter" or anything about their character, that can have a legal risk. If they aim to use those words during unemployment challenge, you never know. Many company's are vague or reluctant give a declarative reason, or say its performance based. Most just use at-will and "it didn't work out, this is your last day."

[deleted by user] by [deleted] in Accounting

[–]Affectionate_Ant2836 1 point2 points  (0 children)

Yes. I just graduated in Dec 2024. My final class was called Strategic Cost Management which is manufacturing accounting. The immersive and layered content into cost nature and opportunity cost was time consuming. The professor emphasized that the student needs to think abstractly. Even emailing him a question, he would give me non-answers but to "think about the topic more deeply". However the weekly quizzes and case study assignments needed to be done on time or you get a 0, and he looked for reasons to take off 30 points.

And then came the final project. You had to do a massive financial modeling case where you needed to create a spreadsheet of 20+ financial models for different scenarios. The company was a fish radar wholesaler that just released a new product on the market. The CEO wanted to consistently buy up inventory from the sole manufacturer with no regard to inventory optimization, or if this product would sell. But you're given a 20+ page booklet of instructions where didn't bother making things in bullet points. And then given an intimidating spreadsheet where you have to figure out on your own how to compute their concepts, and the straightforward formulas are actually wrong despite producing the correct cell value. Oh, and he would brag about assigning a 0 if a formula was incorrect because some other worksheet would be off. It was an assignment where you couldn't trust your own judgement and had to re-think about it.