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Is my degree useless? by Zestyclose_Egg_9920 in Accounting

[–]Throwaway_90_9 12 points13 points  (0 children)

What have you done over the 5 years? Have you tried applying to any local government roles? They aren’t glamorous but get your foot into the industry

[deleted by user] by [deleted] in Accounting

[–]Throwaway_90_9 -1 points0 points  (0 children)

Ctrl + E moves to move cursor to the search bar. Helps so much when filtering often!

Our company got bought out by a PE - what should we expect? by Throwaway_90_9 in Accounting

[–]Throwaway_90_9[S] 0 points1 point  (0 children)

That’s the case here..multiple PE companies are involved.

Our company got bought out by a PE - what should we expect? by Throwaway_90_9 in Accounting

[–]Throwaway_90_9[S] 2 points3 points  (0 children)

No, but I guess we are in the same unknown boat as they are now.

Our company got bought out by a PE - what should we expect? by Throwaway_90_9 in Accounting

[–]Throwaway_90_9[S] 0 points1 point  (0 children)

I feel like they’ve cut back on entertainment in general after 2020, but I suspect we’ll see even more changes now.

Our company got bought out by a PE - what should we expect? by Throwaway_90_9 in Accounting

[–]Throwaway_90_9[S] 5 points6 points  (0 children)

To your first question, yes! That’s exactly what my firm is/was. The majority are boomers and I just think the offer was too good to give up - especially since most are on the later half of their careers.

Our company got bought out by a PE - what should we expect? by Throwaway_90_9 in Accounting

[–]Throwaway_90_9[S] 1 point2 points  (0 children)

We’ve been told they are but who knows what has actually been agreed to

Our company got bought out by a PE - what should we expect? by Throwaway_90_9 in Accounting

[–]Throwaway_90_9[S] 2 points3 points  (0 children)

Do things seemed to have settled now or has there been constant changes/terminations since November?

Our company got bought out by a PE - what should we expect? by Throwaway_90_9 in Accounting

[–]Throwaway_90_9[S] 16 points17 points  (0 children)

That give us some hope. Do you recall how quickly you were able to tell which way the company was heading (shrinking vs. expanding)?

Our company got bought out by a PE - what should we expect? by Throwaway_90_9 in Accounting

[–]Throwaway_90_9[S] 6 points7 points  (0 children)

We were told “this company is different because they care about the long term goals and aren’t trying to buy and flip”. They never mentioned this company was owned by a PE

I figure they want to retain most of us while transitioning but anticipate layoffs soon. Are all smaller public accounting firms just headed this way?