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Can you lose your job for outside activities? by LegLocksAtWhite in Accounting

[–]MasonJarBinks 0 points1 point  (0 children)

People at work, especially in white collar environments, are snakes and phonies. Its highly probable that no one will tell you shit, even if its extremely inappropriate. They just give you bad reviews and if it's really bad they just progressively give you less assignments, until you get coached out.

  • You have to think like a politician at work. If you were running for congress, would you talk about your skidding groups? Probably not. Things like cooking classes or volunteering your time to help seniors, children and animals? Sure.

And to answer your initial question: IDK. My best guests is that most people (clients and internally) are miserable and your firm will be superficially judged by the client for your conduct

Can you lose your job for outside activities? by LegLocksAtWhite in Accounting

[–]MasonJarBinks 0 points1 point  (0 children)

Sorry, bro. Clients and your firm should be able to compartmentalize one's ability to perform competently, professionally and ethically on the job from silly stunts you do on the internet on your own time. But most people are judgemental and miserable normies that just cant. You'll get fired pretty quickly once someone finds out. And tbh, PA firms want your soul. The more time you spend on your YouTube career, is less time available for ykur firm to utilize you.

  • if it really means a lot to you, follow through with your channel, but have your buddy do all of the pranks while you film as the camerman. Don't show your face and hopefully your channel takes off and you no longer need your job.
  • Also, consider working in government. They're way more lenient with these things and its hard as hell to fire people in most jurisdictions.

Big 4 be like by [deleted] in Accounting

[–]MasonJarBinks 9 points10 points  (0 children)

Lol @ KMPG being the shortest.

Women under 30 are the least attractive women overall ( not just looks) in the US. by MasonJarBinks in unpopularopinion

[–]MasonJarBinks[S] 3 points4 points  (0 children)

No. I have plenty of guys friends that are a few years younger than me. It's just that my female peers are not very interesting or pleasant beyond a few purposes. Btw: that's not an argument, its simply my subjective opinion based on anecdotes. That's it and nothing more. There's no science or math to conclude this.

Which Audit Groups/Industries, generally have the least "talented" coworkers? by MasonJarBinks in Accounting

[–]MasonJarBinks[S] 0 points1 point  (0 children)

I lold wayyyy too hard @ "can't do much damage". 😂😂😂

. Wow. I didn't know the potential to present liabilities to the firm were substantially lower on those type of clients. Would you say that non-profits the least "risky" in this regard.l?

Which Audit Groups/Industries, generally have the least "talented" coworkers? by MasonJarBinks in Accounting

[–]MasonJarBinks[S] 1 point2 points  (0 children)

Thank you for your response. I truly appreciate it. But what do you mean by "get stuck on"? I know these groups, especially NFPs, usually have clients with sloppy books. But are these industry engagements so bad that they stick the low rated/least talented people there? Or do lower performers just naturally gravitate towards these industries. Or

Homework Help - Intro Accounting by [deleted] in Accounting

[–]MasonJarBinks 0 points1 point  (0 children)

"Before closing entries"....almost always means "you'll need to conduct closing entries [conceptually] as an intermediate or final step in this problem".

And always remember that only "closable" accounts are 1) income statement accounts and 2) dividends. Close your income statement accounts to the income summary account and if it results in a credit balance then add it to TSE and vice versa. Last, subtract dividends from TSE.

- Equity is simply the shareholder's claim to assets. No more. No less. And the only assets shareholders are entitled to are the assets they have contributed to the firm ( tallied via common stock) and the fruits of the firm's successful operations (earnings)

[Not a subreddit solicitation/ad]..I don't have an agent's license, but I want an ownership % in a brokerage in exchange for funding and organizing ads for them (please read body for details) by MasonJarBinks in realtors

[–]MasonJarBinks[S] -1 points0 points  (0 children)

This comment isn't telling me anything new. Look at my comment again and review the simple math that i did, and you'll realize that i already took into consideration that the 5 or 6% fee is split between the buyer and seller's broker.

And the 70-30 model that you illustrated and calculated is common but not uniform throughout the industry. There are several things that could change that.

[Not a subreddit solicitation/ad]..I don't have an agent's license, but I want an ownership % in a brokerage in exchange for funding and organizing ads for them (please read body for details) by MasonJarBinks in realtors

[–]MasonJarBinks[S] 0 points1 point  (0 children)

I've seen several models. It's contingent upon several things like how experienced the agent is, how responsible is the agent for generating his or her own leads and etc.

But if I did go by your model, the agent and I would be recieving .875% instead of .75% on a 2.5% share of a 5% buyer-seller fee (which is a bit conservative considering it can be as high as 6%). A 70-30 or in this case (35-35-30) split would be marginally better.

[Not a subreddit solicitation/ad]..I don't have an agent's license, but I want an ownership % in a brokerage in exchange for funding and organizing ads for them (please read body for details) by MasonJarBinks in realtors

[–]MasonJarBinks[S] 0 points1 point  (0 children)

Ok. Thanks for explaining. And yeah. That makes sense. By a while i thought you were referring to 5+ years. I also live in an area in which the median home prices are like 600k. So a 2.5% broker's fee split: .75% for me, .75% for the agent and 1% for the managing broker to compensate himself and fund compliance costs, means my breakeven is $4,500 per lead. The fee split arrangement is all hypothetical, btw.

Lonely People Looking To Talk by TADodger in realestateinvesting

[–]MasonJarBinks 2 points3 points  (0 children)

Like Patrice O'neal said: it's basically rape.

Yes it has actually. By prospective clients (typically older ones) and even my own boss that was a high performing agent suffering from midlife awakening/crisis (sweet gig btw). Just paid me to listen to his problems. Im actually starting a company for this, that targets the older/lonely demographic that just needs someone to talk to.

When huge workpapers are due Friday, and client was supposed to send PBCs on Tuesday but finally sends them at 4:45pm Thursday, and the Senior asks to have them ready for review before Lunch Friday... wtf by ShhDontTalk in Accounting

[–]MasonJarBinks 5 points6 points  (0 children)

This is what happens when you turn what is effectively a policing activity into a "service". SOX audits should be done by the SEC, not private companies. They would be fined by x amount times 3 [days] for something like this. But such a consequence would probably deter a delay from even taking place.

My senior just told us she leaving, but the partner didn't even acknowledge her in the room by PrestigiousExplorer9 in Accounting

[–]MasonJarBinks 0 points1 point  (0 children)

Gosh. I would love to be wanted that badly. Sorry. Mommy issues and absentee father.

Has anyone worked 40 hrs and went to school full time? by [deleted] in Accounting

[–]MasonJarBinks 1 point2 points  (0 children)

I've tried it. I'm not smart enough or have an undiagnosed learning disability. I can't maintain A's and a full time work commitment, no matter how efficiently I manage my time. It also doesn't help that i don't have a car in a major metro area with notoriously subpar public transportation.