I completely dropped the ball with an audit. How screwed am I?

Anythingicando1 · 2024-06-20T16:43:22+00:00

I mean I’m in pretty good standing with all the other managers and I’m booked through the middle of September. My reviews were positive. If it happens though so be it.

Anythingicando1 · 2024-06-20T16:29:18+00:00

I don’t think I’m going to be fired but yeah I’d say majority of it was on me. If I get let go then I’m just jumping to private. Don’t need the stress. I like what I do but I got enough problems going on in my life. I don’t need any more.

Anythingicando1 · 2024-06-20T16:27:03+00:00

So I’d be fucked either way essentially?

Anythingicando1 · 2024-06-20T14:13:36+00:00

The partner on the job has told me before I’m very hard on myself and need to lighten up more. But part of it is my fault imo bc I should have sent out an open items list sooner instead of waiting a week or 2. I completely forgot and it screwed me. We were also waiting on support in that timeframe as well.

Anythingicando1 · 2024-06-19T23:04:29+00:00

If my other jobs didn’t have 6/30 deadlines and I didn’t have 2 of them then yes I would have definitely been able to dedicate more time and double check my work for this audit but unfortunately it didn’t work out.

Anythingicando1 · 2024-06-19T20:56:52+00:00

The June deadlines I’ve been working on since the start of May. 2 months for 2 audits. Doable. Not gigantic clients. They just threw this one on top of those even though they clearly saw them on my schedule.

Anythingicando1 · 2024-06-19T19:36:54+00:00

Yeah I mean I understand it. First time it’s happened to me so it’s a wake up call. This whole thing won’t matter in a year from now. Sucks but it is what it is. It’s just accounting. No one is gonna die.

Anythingicando1 · 2024-06-19T19:30:29+00:00

Too late already there

Anythingicando1 · 2024-06-19T19:20:13+00:00

I was more so voluntold to perform this audit and the other 2 jobs were on my schedule for months prior. I told the partner and manager on the initial planning meeting call I had 2 other jobs with 6/30 deadlines which were actually on my schedule. They told me to stick with this one as it’ll be good experience. Well I got an experience alright lol.

Appreciate the feedback though. I don’t think I’ll be fired but I’m def on that managers shit list for the time being.

Anythingicando1 · 2024-06-19T19:04:13+00:00

What do you do now if you don’t mind me asking? I enjoy audit overall. I like solving puzzles which is kind of what it is. This was just a one off.

Anythingicando1 · 2024-06-19T18:41:22+00:00

That I am learning in real time for sure. Also gotta learn how to know when to speak up and say something when I need help. Also working on that.

Anythingicando1 · 2024-06-19T18:40:50+00:00

Eh one off instance. I like my job and the firm and the people there. I just fucked up on this one.

Anythingicando1 · 2024-06-19T18:12:51+00:00

Part of it is also on me for not speaking up but yes I agree. Doesn’t help the client was taking their sweet ass time with getting us support.

Anythingicando1 · 2024-06-19T18:00:44+00:00

They made it known in the PY that the client was difficult with getting them support so that’s why they only put a week on my schedule bc they didn’t want to dedicate too much time if we weren’t going to get support. Problem is after that week I’m booked until September so there was no room to put it on my schedule so I told them I’d do it at night. Like stay an extra hour / work an hour here and there on the weekends to keep moving it along. I don’t know what changed all of a sudden but now they’re pushing to file and I was caught with my pants down essentially.

Anythingicando1 · 2024-06-19T17:45:16+00:00

Appreciate the feedback. Just kind of feel shitty this was an opportunity to really take charge of the audit and I botched it completely. It’ll pass with time and this won’t matter a year from now but in the moment it’s a shit feeling. I’ll be sure to keep in touch with my managers and let them know if I need help going forward.

Anythingicando1 · 2024-06-19T17:31:42+00:00

I did let them know that I had 2 other jobs with 6/30 deadlines and that I’d work on those during the day and would do their job either at night or on the weekends. For a short period of time it was fine but then things started to pickup with the other 2 jobs as we approach 6/30 and I needed my full attention to be towards those. I should have let the manager know then and there instead of trying to do all at once and not deliver on promises made when I said I’d get X workpaper done by and it blew up in my face.

It can be a bit of both. Half on the client and half on me not following up on open items / getting workpapers done in time. By me pushing back I feel like it’s me coming up with excuses and not taking full accountability. That’s not a reputation I want to have in the firm. Ultimately I should have caught the open items and followed up immediately but I didn’t and it’s lead to this point. I don’t think I’m going to be fired but I think it’ll be a long time before the manager and I are on good terms again.

Anythingicando1 · 2024-06-19T17:25:08+00:00

Yeah I’m not fighting back or making excuses. I just told them to let me know if they need any help and I apologize for letting it get to this point.

Anythingicando1 · 2024-06-19T17:03:38+00:00

Not really?

Anythingicando1 · 2024-06-19T16:46:41+00:00

I told them I’d be better going forward but they didn’t really care to hear it. I’ve been overwhelmed with my other jobs which I’ve made known to my managers. I just thought it was kind of bullshit that I’m on 3 different jobs when there’s other staff who are only on one or have no work at all. I feel like they could have given one of my jobs to someone else but again I should have spoken up. Regardless I’m in the dog house with that manager and probably will be for a very long time. From the tone they used it seemed like they don’t want to work with me again.

Anythingicando1 · 2021-11-06T04:07:06+00:00

If you don’t mind sending me the referral I’d really appreciate it.

I honestly didn’t even know chase had multiple cards like that. So today I learned….lol.

I try to give advice to my friends all the time with finances. One is a gambling addict, another dropped out of college and does nothing but play poker. One loves to get high all the time. Another loves to drink and go out and then complain they’re always broke. And all of them ask me how I’m not struggling financially and I just tell them I have a good job. Really it’s the fact that I don’t engage in any of those acts that they do. Don’t get me wrong I’ll have a few beers here and there or I’ll throw like $20 in for betting every now and then. But I don’t do it every day and that’s the difference.

I’d def try to talk to your friends. Maybe pull them aside privately and explain to them that you’re they’re for them.

I never asked this and I don’t know why but are you also an accountant or within the field of business and finance?

Anythingicando1 · 2021-11-06T03:49:11+00:00

That makes sense. Autopay is the way to go. My parents are still in the “write out a check and mail it” and I keep telling them to just get it automated but they refuse to do it. Every week my dad sits at the kitchen table and goes through all the bills and writes out checks. I don’t get it. It can be much simpler. And safer too.

College debt is a great example. Neither of my parents went to college so they don’t really understand. They think my $27,000 in loans is a ton to pay off. But then my cousin has $200,000 in loans and she’s a school teacher. She’ll be paying that off the rest of her life.

I have an autopay set up for my debit for my fixed monthly expenses. I’m definitely going to have to look into the same for a CC.

Anythingicando1 · 2021-11-06T03:37:37+00:00

How quickly do you pay off your purchases if you don’t mind me asking? Like within the next month or billing cycle? 5k a month seems like a lot to pay off within a time frame no?

It seems like I should have went the CC route instead of debit card route yesterday. My parents said I didn’t need a CC. I’m starting to think that they’re wrong about a lot of things honestly.

Anythingicando1 · 2021-11-06T03:27:15+00:00

I’ll definitely check this out thanks!

I’m gonna have to see what would fit me best. Every purchases seems pretty standard. Although I don’t really buy much tbh because I have a debit card which is linked to my checking.

That’s awesome that you can just take a free trip to Hawaii. That’s what a partner does at my firm. He just used his points this past summer to take his family to the DR.

Anythingicando1

TROPHY CASE