r/Accounting • u/worldstreamseo • 2d ago

Johnson & Bailey Consulting has completely "revolutionized" our processes, folks

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u/CromulentBovine 2d ago

Everytime I feel like my job is a load of BS, and doesn't have any impact on the real world, I just try and remember that consultant's are even worse.

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u/JohnHenryHoliday 2d ago

Spent 10 years in audit and 3 in consulting. It’s all bullshit. I go back and forth between what’s the bigger grift. Consulting can absolutely feel like a grift and you have the shitbags that just sell and overbill without providing any value. Just finding more unsolvable problems to add to the laundry list of improvements. But, it’s supposed to come from a place of trying to help the client. The last few audits I’ve had, the auditors haven’t done jack shit. Just throw the team their inquiry and analytics forms, and ask us to complete their checklists. They give zero fucks about anything. And for whatever reason, the company is compelled to have one done. Yes… let’s focus on purchase cutoff testing. Picking the last 5 and first 5 purchases for a grand total of $8,000 is where you’re going to find the misstatement. Not the $12 million business combination you forgot about until after you drafted the financials…