Promotion

So the last few months have been pretty crazy. I received an official promotion from staff accountant to senior accountant now. The workload has literally doubled. The pay increase was pretty good, but now I am forced to work longer hours. Being an audit lead has its advantages and disadvantages so far.

Advantages are:
  • You can delegate the busy work to others
  • Work more flexible hours (i.e. working from home)
  • Make all the major calls to any audit enagement. Its fun being in charge at such a young age
  • Pay increase
  • Being a boss after just 1-2 years of work
  • Taking on engagements and implementing my own managerial philosophy
Disadvantages are:
  • I have to work more hours
  • I have much much more responsibility
  • I constantly have interns asking me ridiculous questions (of course the same stupid questions I myself asked as an intern. 
  • Tired all the time now
  • Weekends consist of me planning or reviewing workpapers
  • Having to tell my coworkers what to do (especially when I was promoted and they werent... somewhat awkward)
     
To commemorate my promotion I have decided to illustrate the mindset of various positions in public accounting. Now this is not all true, but its based on my current experience and what I have gathered from others. Enjoy :D







20 comments:

  1. this is so funny. i work at a small firm too!! :)

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  2. found your site through cpanet forum and I quite enjoy it. :) keep it up.

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  3. Congratulations !! Hope you enjoy the advantages of having powers of being a senior accountant !

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  4. i enjoy reading your blog

    more updates please!!

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  5. Great blog, keep up the good work.

    We joke at our firm that the hierarchy goes...

    Intern
    Partner
    Manager/Senior Manager
    Senior
    Associate

    Interns are so spoiled, one day the partner even asked them when we should take lunch..

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  9. You really make it seem so easy with your presentation but I find
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    I'm looking forward for your next post, I'll try to get the hang of it!


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  11. Really good blog, I really had a laugh with your hierarchy drawings. Will follow you from now onwards.....

    Best Regards from Portugal from a recent Big4 "cannon fodder" associate :-)

    Obrigado,
    Rui

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  13. Wow! A couple of minutes back I was surfing for some relevant information on Accounting and then this page flashed in front of me. Am glad that I came across this blog specially and Anthony Ashcroft’s page. It was a big helping hand in taking credible references for my Research work based on Accounting and Taxation

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  14. This was a very entertaining post. I remember my days at a small firm, albeit a long, long time ago. Yes, the long hours are difficult, but the learning opportunities are awesome. Once you get your legs under you, the work will easier, you'll develop systems to reduce unbillable admin time, and life will return to normal. One reason the partner's life seems easy is his/her experience and development of such systems. And those three hour lunches are ensuring you have a client for next year (job security for you). Enjoy!

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  15. I've really been looking forwards to this feature. The one suggestion I have for improvement is a dashboard feature showing the highest rated post(s). It should be relatively simple to even add a widget which shows the most popular posts and my shakti bhog rating. Otherwise, great job http://www.crisil.com/ratings/company_fact_sheet.jsp?ID=SBFL

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  16. really funny post, im currently working at one Audit Firms in Dubai and i was hoping to get to the partner position aswell.

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  17. This blog has tempted me and now it seems that I must visit all the time this web page. Ha-ha!! www.aqmauditing.com

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  18. Partner level the sweetest! Just play and others do the work. Nice blog though.

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