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A little background….
Back in 2010, I was an undergrad sophomore in college, and knew the Big Four track was the route to take to guarantee a job and comfortable living after I graduate. I was not the best at my accounting classes, receiving B/B- in my accounting class. One day, I received a 70 on a Stats midterm when the class avg was a 90. I knew I had to do something outstanding if I was going to get into a Big Four. I ran into a friend who introduced me to an accounting scholarship. After writing a great essay and doing well in interviews, I received the scholarship, went to a convention, caught the attention of Big Four, and got into one of them.
In 2013, after graduating with 150 credits, I started working for the Big Four as an auditor. The job went fine my first year, I received a Meeting expectation on all my engagements. However 10 months into the job, the managers had a consensus meeting and my score for the year came back as a Did Not meet expectations rating. I was not promoted to a second year auditor and did not receive a raise. For the people who get a not meeting expection rating, they are put on an improvement plan for a year, if they get another did not meet expecting rating, they will be fired.
Fast forward to today, I have been on a few new engagements since I received the not meeting expectation rating. Although some engagements did not go as well as I hoped, I was banking on doing well at my busy season client so that I can get a Meeting Expectation rating. However yesterday, I was discussing year end evaluations with my busy season partner and it turns out that he was very disappointed in my performance, I received feedback from him and received a not meeting expectation for the engagement. I was completely devastated when he told me that, because during the engagement, everthing seemed fine, but it did not meet his expectations. On my schedule, I am scheduled on my current client til the end of this week, and will likely be fired after this week. However, I made progress in my working papers at my current client and the team is understaffed, and would really like to extend me longer, so they are talking to HR about it, and HR is not sure they can extend me after what had happened. My manager does not want a new staff member to continue where I left off because it would be a lot of my senior to explain to a new team member, he would prefer if I get extended for 2 extra weeks so that I can be here from start to end of engagement. I am not sure if this manager knows the detail of what has happened to me, but I feel confident that I can help him and the team greatly with finishing up the engagement.
What I am going to do now is to fix my resume and contact people who have reached out to me on Linkedin so that I can try to get a new job and quit my current one before getting fired. I have seen some of my other colleagues who had similar situations get fired after receiving my rating. I have worked in public accounting for 1yr 10 months. My goal is to have 3 years of PA experience and pass CPA exam. As you can see from my signature, it has been a struggle, but I am making progress. Praying for a pass on May 5th. I am trying to get a fresh start at another Big Eight firm, so that they can reimburse for exam. What I think I will do is try to convince my manager to get me extended for another 3 weeks so that I can help the team finish the work. In that 3 week, I will have enough time to apply for new jobs.
I hope you guys can understand me, and not be harsh of me screwing up this opportunity w/ B4 firm. Honestly, accounting is not really for me. I majored in it because I wanted to be safe and have a job. I did it to support my parent with the bills and I still live at home with them. I sometimes feel I do not belong in b4, my peers did better than me in their accounting courses and I basically just wrote a fancy essay to get in, and it was not because of my grades that I got in. I am trying to get CPA exam passed and have another year under my belt so that I can afford to take some risks and pursue something I am more passionate about, that is the dream. And if I fail, I know I can always fall back to accounting if I have the years of experience and the exams passed. I have told my parents last year about my below expectation rating. But I did not tell them about the call that I had with my partner yesterday and that I am expecting to be fired yet, but will plan to tell them soon.
My plan is to convince my manager for an extension on my engagement, use some of that time to hopefully get a new job, because it will be extremely difficult to get a new job once you do not have a current job. And when I get the new job, give in my resignation notice before officially getting fired….I really need your help guys, I do not know what to do, I spend the whole day thinking about this and I cannot sleep and am being tormented. Any advice would help..Thank you for reading this far!!!
TLDR: Found out I received a below meeting expectation rating and will likely be fired after this week, trying to get a new job before officially being fired…
F: 54 (4/13) 60 (4/14) 67 (9/14) 66 (10/14) 63 (11/15) 79 (2/16) PASSED
A: 60 (5/13) 80 (4/16) PASSED
R: 60 (7/13) 61 (2/15) 70 (4/15) 77 (7/15) PASSED
B: (6/16)
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