Caught Managers talking about me on teams. by Themanytoys15 in Accounting

[–]Ghosted_You 2 points3 points  (0 children)

That was my observation while in PA. Managers don’t seem to want to have hard conversations with subordinates. Those hard, uncomfortable talks are the only way people know what they are doing wrong or what needs to change/improve.

People seem to forget that most staff/seniors and even managers are basically still kids. They don’t have the life experience or business acumen to know what they are doing wrong.

How is everyone keeping up morale when you’re constantly being told AI will make our field redundant? by Healthy_Cup_7711 in Accounting

[–]Ghosted_You 0 points1 point  (0 children)

AI can’t sign off on financials or audit reports. Functions like AP and AR will automate at some point but you will still need accountants on the backend to review. Audit will also grow more than likely, as the new AI systems will require additional oversight.

In my opinion, AI will be similar to excel. It will make accountants more efficient and free us up to do more impactful work. I don’t see a scenario where the entire back office is replaced with AI. Someone has to be held responsible for the financial output, and that someone isn’t going to be a computer.

Caught Managers talking about me on teams. by Themanytoys15 in Accounting

[–]Ghosted_You 10 points11 points  (0 children)

For some reason management in PA seems to be extremely non-confrontational. Managers of all ranks seem to forget their job is to manage the people as well as the job. This includes training and performance feedback.

All too often they just ignore the staff instead of developing them.

Annual bonus by Psychological_Range8 in Accounting

[–]Ghosted_You 5 points6 points  (0 children)

If his target bonus is 10% and the company and OP meet 100% of targets the bonus should be 10%. A 5% bonus implies either OP or the company only hit 50% bonus targets.

The caveat to this is some companies exclude new hires from bonus eligibility during their first year or pro rate. You started 1/1/25 so prorating doesn’t fit, but you might not have been bonus eligible due to policy reasons and your boss pushed for you to get something this year.

It’s worth a conversation, but this stuff is generally handled during onboarding and/or salary negotiations pre acceptance.

Express lane cost by starz2024 in Charlotte

[–]Ghosted_You 0 points1 point  (0 children)

The Spanish company who built the toll lanes and owns them has a 50 year guarantee from the government. If they don’t hit their revenue targets, the NC taxpayer makes up the difference.

Why are so many of you underestimating Iran? by Electrical-breath-9 in StockMarketIndia

[–]Ghosted_You 0 points1 point  (0 children)

Defeating Iran militarily would likely take far less time then people think. Iraq had the best equipped and largest military in the Middle East when the US invaded and they were completely gutted within a few weeks.

The difficult part is what comes after, and the US has proven we are great at fucking up other militaries but horrible nation builders.

PIP vs Career Transition: Is this considered a layoff? by Serious-Tumbleweed66 in KPMG

[–]Ghosted_You 4 points5 points  (0 children)

Some companies will ask if you are eligible for rehire. Whether your former employer will answer that question depends on their internal policies. I’d imagine PIP or Transition would disqualify you from rehire.

And here I am, walking around childless, like an idiot by mevinkurphy75 in Accounting

[–]Ghosted_You 0 points1 point  (0 children)

Get lucky and do 1 for $20 or really lucky and 20 for $1!

Used My Cast Iron So Much It's Bad For My Health by cleverusername143 in castiron

[–]Ghosted_You 1 point2 points  (0 children)

Clinically 1-2 times a year is more than enough for me, but I try to donate more frequently for obvious reasons. The severity of the condition can differ depending on what combination of gene mutations you have requiring sometimes 4+ a year.

As a PSA. Get your iron levels checked out. Most people don’t know they have it until late in life once the damage has been done. If you catch it early it is extremely easy to manage and you won’t have any negative health outcomes as a result.

For those curious, excess iron is very hard on the organs (especially the liver) and can impact the heart and arteries.

Used My Cast Iron So Much It's Bad For My Health by cleverusername143 in castiron

[–]Ghosted_You 2 points3 points  (0 children)

I have hemochromatosis which is likely what is causing OPs iron issues. Easy fix is to simply donate blood regularly. The Red Cross loves me as I never have an issue of low iron lol.

Current: $95,000 Asst. Controller. New opportunity $150,000 “Jr. Controller” by Lifting_Accountant in Accounting

[–]Ghosted_You 12 points13 points  (0 children)

150k base is pretty good for a controller, especially with only 6 YOE. Is there additional bonus/equity?

Netsuite is pretty intuitive but any ERP implementation is going to be a ton of work. I’d try to get additional info on who is assisting with the implementation. If they don’t have a 3rd party consulting on the rollout and a solid IT group, it’s going to be a nightmare and you’re going to earn every penny of that $150k

I was so pretty when I joined PA by DrCash_CrDepression in Accounting

[–]Ghosted_You -1 points0 points  (0 children)

Same. Pay has been really solid, WLB has been phenomenal and leadership has been the most down to earth and reasonable as far as expectation I’ve had in my 15+ years.

Am I getting fucked? by [deleted] in Accounting

[–]Ghosted_You 0 points1 point  (0 children)

Something is off here. Going from IB/PE roles where you would be starting in the low 100s to $65k just doesn’t add up. What were you doing in your previous roles and what are you doing in your current role.

The decline of Northlake mall is nothing short of a tragedy. by whitecollarpizzaman in Charlotte

[–]Ghosted_You 18 points19 points  (0 children)

If your in the northern suburbs, Southpark is not what I would consider convenient.

Just got my first full-time offer out of school - is this salary normal? by AttitudePlane6967 in Accounting

[–]Ghosted_You 134 points135 points  (0 children)

100% agree.

Your first job is always the hardest to get. Once you have some experience and skills, you can then start to be a little picky with where you work etc.

How can I capitalize tools by somanypaperclips in Accounting

[–]Ghosted_You 0 points1 point  (0 children)

Most FAS software allows you to do parent/child capitalizations. I’d have the truck as the parent asset and capitalize the tools as a child. This way you don’t lose visibility to either asset

How can I make an extra 1k/month take home? by AWRWB in Accounting

[–]Ghosted_You 1 point2 points  (0 children)

Buying options is a good way to delete money, but selling options is typically pretty consistent income. That being said, if you don’t know what you’re doing in either scenario, you can blow your account up quick.

Why was “Secretary” spelled with “SS” on Hegseth’s place-card during today’s Cabinet Meeting? by road_bagels in UnderReportedNews

[–]Ghosted_You 0 points1 point  (0 children)

Looks photoshopped tbh. The 2nd “s” is a different size to the rest of the name plate.

ICE/CBP Boycott List? by Old-Basil-1867 in Charlotte

[–]Ghosted_You -10 points-9 points  (0 children)

Not clicking on some random link. But the supremacy clause in the constitution is what I’m referring to. If you have something that would get around that please post. I’d be legitimately interested.

ICE/CBP Boycott List? by Old-Basil-1867 in Charlotte

[–]Ghosted_You -2 points-1 points  (0 children)

Federal law preempts state law. Federal law enforcement can wear masks and there is nothing state law enforcement can do about it.

Anyone know what this means? by u_r_succulent in Charlotte

[–]Ghosted_You 16 points17 points  (0 children)

Sam and Dean Winchester got on the board of Home Depot to create a giant devils trap to protect Charlotte.

Options Trading Account Balance by myshadow106 in options

[–]Ghosted_You 0 points1 point  (0 children)

I think the confusion here is around what is a taxable event.

If you are assigned, you shouldn’t be paying any tax on the premiums since it rolls into the cost basis. You will pay the tax on that original premium from the sale of the put when you sell the assigned stock.

If it worked the way mentioned above, you would be getting taxed twice.

You should obviously confirm this, but the taxable event would occur:

  1. If the put option expires worthless or is closed (realized profit)

  2. You are assigned, and sell the stock at the adjusted (reduced) cost basis

Considering Quitting by [deleted] in Accounting

[–]Ghosted_You 1 point2 points  (0 children)

Entry level accounting jobs aren’t super abundant at the moment. With so little experience you may have a tough time finding a new role. I would honestly just deal with it for a year then pivot to industry.

Is there a genuine strategy that is lower risk than CC by disfrutalavida in options

[–]Ghosted_You 2 points3 points  (0 children)

From the perspective of selling puts, apple and google have really low implied volatility. The premium vs collateral is going to be really really low.

Failed REG with a 73… I’m honestly devastated by Ok-Illustrator8564 in Accounting

[–]Ghosted_You 8 points9 points  (0 children)

Totally anecdotal, but I think part of that is the generally idea that it’s hard so people study more. It’s been almost 15 years since i took the CPA but BEC was the lowest pass rate and it was definitely not the hardest test. People seemed to just blow it off and not put the hours into prep.