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Partners in Accounting

A private bowl for partners, principals, and MDs in Accounting to compare experiences across life and work.

12.9K members
  1. Tax Partner

    Average comp level for seasoned (more than 20 years exp) partner at large regional firm? I feel like I’m underpaid.

    1
  2. works at Baker Tilly

    Does your firm offer free tax preparation services to its partners?

    1
  3. Tax Partner
    First time poster

    I am a current Big 4 Tax Partner. I have been with the firm over 20 years. I see everyone else hoarding resources to make sure they can do as little as possible while I’m still trudging in the trench...

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    3
  4. works at BDO

    I am continually stunned at low personal ethics in this industry. Is is just me that sees this? Are bait and switch offers this common just to take any measure to bring someone in the door, to make ...

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    4
  5. works at Baker Tilly

    Baker Tilly leadership keeps talking about partners seeing a “multiple return” under the PE model, but that’s completely disconnected from reality for new partners. Our equity is nominal, with no mean...

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    7
  6. Tax Managing Director

    Partner opportunity at a regional firm. I’m hoping it all works out.

    6
  7. Partner

    I’ve been a partner at a Big 4 firm for over 7 years, with a total of 20+ years there. My metrics are strong, but I’m feeling really disillusioned following needless internal reorgs, worsening culture...

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    2
  8. works at Grant Thornton
    First time poster

    What’s going on at KPMG? Heard this was a capital call of 300k in Philly recently.

    6
  9. works at EY

    I have never been more disappointed in the firm and its leadership as I have been the last two months. Rant over.

    8
  10. works at RSM

    RSM partner rant - this leadership is mismanaging this place into oblivion. The increasing partner expectations, combined with margin pressures, are diluting partner profitability. We need to critica...

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    5
  11. works at EY

    Curious about what’s really going on at Andersen Tax. Trying to get past the press releases — would love insight from folks who’ve worked there, competed with them, or done business with them: • Wha...

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    1
  12. Partner

    Does anyone have insight into how Grant Thornton compensation works for Principals post PE investment? Is there some sort of phantom equity unit value with a co-investment vehicle?

    2
  13. Partner

    Anyone at EY impacted by the massive partner cuts? What’s the story there? Seems like a lot of

    3
  14. Partner

    For the firms selling a majority stake to private equity based on a multiple of earnings, isn’t it basically monetizing part of the firm's future earnings upfront that the partners closest to retireme...

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    2
  15. Partner

    Is the partnership model going to be relevant for CPA firms outside of the big 4 by 2030? The necessity of significant capital investment to build or license new technologies to remain competitive vs....

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    6
  16. Tax Partner

    I find the talk of taking PE money at my firm disheartening. Im a less tenured partner who was sold on the idea of equal sharing as a form of deferred compensation. You make much less than the value y...

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    6
  17. Partner

    I am a founding partner of a small firm (3M in revenue, 4 partners, 5 full time EE’s). We are growing super fast and have had bad luck hiring lower level preparers and bookkeepers. We hired a consulta...

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    2
  18. works at KPMG

    For those of you that have gone through a PE infusion how did it go? What were the biggest drawbacks 2-3 years down the road?

    4
  19. works at CliftonLarsonAllen

    Any CLA principals (non-equity) care to share comp amounts and years as a principal? Trying to see what the range is.

    5
  20. Partner

    I have recently heard through the grapevine that about half a dozen or so younger Gen X partners (currently mid to late 40s) I know, (including myself) plan on retiring in their mid-50s (55 to 57). Th...

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    7