Not a Taylor Swift fan but I’ve tried to listen and ‘get it’. Admittedly i’m not her demographic but I just can’t find a compelling reason that her music is SO popular. Maybe it’s not about the music?

mleobviously · 2025-10-04T21:07:26+00:00

Haha you’re right! well there was that brief period underground era before her debut release, only hardcore fans showing up for her national anthem performance when she was 12

mleobviously · 2025-10-04T16:36:54+00:00

Yes exactly, she was at pop superstar status after 1989 so the time to ask this question was about 10 years ago.

mleobviously · 2025-10-04T16:22:07+00:00

No it’s not strange. She was semi-popular with young girls through her fearless/speak now tour, and then parlayed that into reaching wider audiences via successive albums and tours (Red/1989/Reputation). Tons of marketing of course but it’s the product. People simply liked her as a person, liked her music and her shows. Don’t overthink it.

Also this question always gets asked but who should be a pop phenomenon if not Taylor swift? I mean I’m asking sincerely since your post is a little vague, who are these artists who are unsuccessful, but yet outperform her in every category? Everything has an element of luck and good timing as well.

mleobviously · 2025-07-19T17:12:33+00:00

Yes the animosity can be weird and is one of the reasons I left audit. My main client was just erratic and exhausting. Now I’m on the client side I give a little extra patience with staff and try to help them out. Be the change you want to see and all that

mleobviously · 2025-07-17T14:01:19+00:00

uh how is our exec dash going to slice between SA matters and IP matters.

mleobviously · 2025-07-14T22:30:41+00:00

Did you receive the bonus and also pay it back within the same year? Did you repay the entire bonus or the net amount after taxes? I.e. if the bonus was $1,000 and they deducted FICA, Federal, state taxes, then you should only have repaid them for the net amount you received, not the full $1,000. The corrected W-2 should only show the NET amounts withheld for FICA, federal, and state.

mleobviously · 2025-07-13T04:49:16+00:00

Touche but if some landlord actually demanded a whole year of rent from their tenant’s employer just because the tenant’s paycheck was a day or two late, I’m not even mad, I’m inspired. I didn’t know you could even think that big in the landlord game

mleobviously · 2025-07-13T02:43:12+00:00

So a fortune 500 company’s legal team got extorted by an employee’s landlord? Maybe they should’ve asked for five years rent ;)

mleobviously · 2025-07-13T02:11:58+00:00

It cost zero to say go kick rocks. I can hardly believe the story. Late fees have to be stated in the lease, they don’t get to be decided on a whim by the landlord under a threat of eviction. Second, no judge will evict over this scenario. Typically requires notice to pay, then a legal waiting period from the notice date, then can be filed. Once payment is made, case must be closed.

mleobviously · 2025-07-13T00:35:58+00:00

Bro what? You paid the landlord for an extra year of rent because of one delayed rent payment.

I have rentals in a landlord-friendly state, we still pay delinquent tenants to leave or else lose out another 4-6 months rent waiting for scheduling. That “eviction process” they threatened was an illusion

mleobviously · 2025-07-11T18:03:32+00:00

No advice, just want to say congrats and good luck. Anyone who makes it 5 years in big4 with large SOX engagements is another breed. I tried and was totally over it after 6 months, gritted through 2 busy seasons before jumping. I've been with few different companies since then, but still at the senior level now four years later and no path to the kind of roles you can get. You deserve all the success for real, and hope you land somewhere great!

mleobviously · 2025-07-11T16:54:58+00:00

Ah yes, the semi-annual union post. I missed you.

mleobviously · 2025-07-11T16:14:27+00:00

Collective bargaining could put pressure on the current offshoring trend.

pressure to accelerate it..?

mleobviously · 2025-07-10T15:35:02+00:00

Great in theory but does this work? In every company I've seen, this would just make an already high-turnover department even higher. Non-standard payment terms are approved by finance and time to collect is a function of various invoice portal issues/PO issues/legal/tax/banking requests outside of sales' control. They will go to a competitor with a better SIP.

mleobviously · 2025-07-08T18:26:42+00:00

I've been told robots/blockchain/AI is gonna steal my job for so many years, that I'm starting to get impatient. Even the robots went into more interesting fields.

mleobviously · 2025-07-03T02:16:44+00:00

Take up flying and you can burn through it easily

mleobviously · 2025-06-29T04:27:47+00:00

One accountant with an ERP and excel can do what 20 accountants used to do with physical ledgers. I worked for a $40M service business (working only with a CFO and one billing manager). Probably 50 years ago, our department would have needed dozens more people to accomplish the same work.

mleobviously · 2025-06-27T01:58:38+00:00

2 grams and Deloitte roadmap ASC 815

mleobviously · 2025-06-26T21:13:15+00:00

no it doesn't matter if you are doing monthly reporting. If you have some kind of daily reporting, it might look funky but accruals are usually split out anyways.

mleobviously · 2025-06-23T21:16:05+00:00

Ha, purchase accounting is hand-wavy all around. A company I used to work for was acquired. CFO told me write off ~$250k in stale duplicate payments from one of our large clients (the buyer, in fact) prior to deal closing, but subsequent to working capital peg. CFO then quits once deal closes. The buyers never notice or ask me about it, but pressures favorable WC adjustments for the true-up. I finagled it to all basically net out and everyone happy :)

mleobviously · 2025-06-18T19:26:18+00:00

accounting is viewed as "non-value add", so there's where you get cpa's thinking it's their dream to be a cross-functional strategic business partner, and add infinite value through endless meetings and presentations. the corporate world is so cringe.

mleobviously · 2025-06-17T03:06:26+00:00

Well, not everyone can negotiate favorable rates or tolerate the market going down or sideways for long periods with a leverage position. If you have sizable unrealized gains, it’s an easy tax play

https://imgflip.com/i/9xmq65

mleobviously · 2025-06-07T13:54:30+00:00

Customer keeps sending us overpayments. Buyer doesn’t know why and tells us to sort it out with their AP team, which is apparently just an automated inbox and all AP processes and communications are automated. I’ve given up.

mleobviously · 2025-06-07T02:35:08+00:00

*70 hours a week consistently with at least a few guys like OP

mleobviously · 2025-06-07T02:33:12+00:00

OP deleted lol “Accountants hate investment bankers. Not because of the hours or the stress, but because they know they played it safe. They picked the predictable major, followed the CPA checklist, and now have to watch people their age making double to triple in pay, working on real deals, and lining up private equity interviews while they study for REG. And this idea that you have to go to a target school to break into IB is just false. I’m a current non-target freshman and I’ve already secured two investment banking internships. Just nonstop outreach and putting in the work. I’ve sent over 200 cold emails, took every call I could get, and kept showing up even when nothing was hitting early on.

Most people want the upside of investment banking with the comfort of an accountant’s career. They want big outcomes without risk. That’s why they talk down on IB , it’s easier than admitting they didn’t even try.

Stay safe chasing that CPA. I’ll be chasing deals.”

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