Monday, July 9th, 2012
Accounting Firms and Work-In-Progress
When I first entered the world of public accounting many years ago, I was clueless about the CPA language. (Wait a minute! Typing that sentence just gave me an idea for another blog post about the “CPA language,” in general.) But, today I want to cover just one word/phrase.
People kept talking about whip (check out the definition per the Urban Dictionary). Yes, that’s what I heard them talking about. Believe it or not, back then I didn’t talk so much, I just listened. Very soon I learned the that they were not talking about whip – they were talking about WIP (check out the definition per Investopedia).
I won’t go into all of the gory details about WIP conversations inside CPA firms. If you are reading this blog I am sure you are extremely aware and deeply involved in those conversations on a fairly regular basis.
What I do want to stress today is the fact that YOU are a work-in-progress. It doesn’t matter if this is your first week working at a CPA firm or if you have been working in public accounting for 40 years.
Ask yourself, whether you are an administrative person or one of the partners, “Why do I deserve a pay increase if I am not doing new things, implementing new ideas and working at an improved level over last year?”
Status quo is not an option for CPA firm professionals.
Oh yes, one more thing, if you have a problem in your firm — per DEVO, just Whip It!
- "You are an eternal work-in-progress project. When you stop working on your craft, you put an end to your progress."