Hello all,
An old friend of mine bought out someone's practice. And now he's having me work with the former owner on an audit job. I am to work with the former owner in preparing audited Financials in good format. What a pain in the *** I'm finding this guy to be--already!!!
Reliable sources have previously told me that the previous owner's work is garbage. My friend amends his returns regularly. But I decided to give the former owner the benefit of the doubt (as this friend of mine is both very aggressive and very good). Big mistake -- giving the old CPA the benefit of the doubt allowed him to deliver all kinds of 'sales pitch' and spin while going over the client records. He ran a firm with 5 or so employess. But his expertise is really not impressive!
This guy had previously issued audited FS which contained non-existent capital accounts! How does his balance sheet list 'Treasury Stock' and 'Preferred Stock' when these accounts don't actually exist??? How did this job ever get past peer review?.
And then this guy's asking me questions as if he's interviewing me. As if he has some kind of influence on whether or not i get this work.
I can see that there will soon be a time when i'll need to tell this guy to 'just shut up!"
Thanks for listening. I needed to vent.
An old friend of mine bought out someone's practice. And now he's having me work with the former owner on an audit job. I am to work with the former owner in preparing audited Financials in good format. What a pain in the *** I'm finding this guy to be--already!!!
Reliable sources have previously told me that the previous owner's work is garbage. My friend amends his returns regularly. But I decided to give the former owner the benefit of the doubt (as this friend of mine is both very aggressive and very good). Big mistake -- giving the old CPA the benefit of the doubt allowed him to deliver all kinds of 'sales pitch' and spin while going over the client records. He ran a firm with 5 or so employess. But his expertise is really not impressive!
This guy had previously issued audited FS which contained non-existent capital accounts! How does his balance sheet list 'Treasury Stock' and 'Preferred Stock' when these accounts don't actually exist??? How did this job ever get past peer review?.
And then this guy's asking me questions as if he's interviewing me. As if he has some kind of influence on whether or not i get this work.
I can see that there will soon be a time when i'll need to tell this guy to 'just shut up!"
Thanks for listening. I needed to vent.
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