Got laid off today from small firm… Advice on how to rebound. - Page 2

  • Creator
    Topic
  • #201746
    jonm857
    Participant

    Hello –

    As the headline mentioned, the small firm I worked for decided to part ways with me today. They told me I wasn’t where I needed to be at this point in my career. I’m 28, single, no kids, and was a staff auditor. They didn’t promote me obviously because I didn’t pass the exam quickly enough, which basically led to today. They also said I was too far behind knowledge-wise, quote: “Not getting it”.

    I tried to get a better explanation about the situation but they weren’t really open. I even asked my boss (Audit Partner) for advice about how I could rebound from this and she kinda shrugged me off saying that “You’re just not getting it. At this point in your career you should be supervising others at clients at a senior level”.

    Okay, I completely agree with what she said. And to be honest, I guess it’s not a complete shock. But what I don’t get is that they knew I had until Oct 2016 to pass FAR and REG, and then I’d be done with the exam. I liked working there too. It was a good environment with a lot of smart people and I felt like I learned something every day.

    There were some setbacks in my accounting career that probably led to the “lack of knowledge” issue. For instance, I joined the Army reserve right after I got out of college and that took me out of accounting for over a year with all the training (boot camp, OCS, etc.)

    I’m looking for advice on how to rebound from this since the firm I busted my @ss for for over 2 years didn’t have much input. Obviously, finish the exam immediately. Anything else?

    Thanks in advance,

    Jon

    B - 81
    A - 87
    R - 73
    F - July 5th

Viewing 14 replies - 16 through 29 (of 29 total)
  • Author
    Replies
  • #774979
    jonm857
    Participant

    I appreciate everybody's input. You guys are the best!

    B - 81
    A - 87
    R - 73
    F - July 5th

    #774980
    Joe C.
    Participant

    Everything happens for a reason. Stay positive you will be better in the end. Believe it or not this happens quite a bit after busy season. It is not a coincidence.

    BEC 75
    AUD 9/6
    REG TBD
    FAR TBD

    WI Candidate

    #774981
    hasy
    Participant

    There were several encouraging posts for you. I'm no better. But I also like to share my story. I got laid at a small firm on 10/28, and I got into a car crash on 11/5. However, I was fortunate enough to land another job by 11/30. When I got laid off, I had no reason and I had the same response as your partner, as if I “wasn't getting it”. Turns out that this is a normal transition for them. They hire for the busy season and they let you go immediately afterwards. As surprised and honestly angry (a little grudgy now), I accepted that it's life, the world still spins even if you don't. The same day I got laid off, I made at least 5 calls to every recruiter I knew and I even reached out to an old firm that I used to intern at to inform them that I was on the market. This trend continued for at least weeks, and I continually kept reaching out to recruiters and different firms. Even if it was the END OF THE FRIGGIN' year and no one was hiring in November.

    I know it's hard to accept, but you have 2 years with you. I would take the time to see if there's anyone at your previous firm still willing to recommend you. LIKE REALLY recommend you, not say bad stuff to your new employer if they call them. Additionally, you have 2 exams left, you CAN PASS this, get your CPA exam, and move on. I would honestly be truthful and say that it wasn't the right fit. You can pass these exams, other employers would recognize your potential, like my current employer is. Good luck and don't despair. 🙂

    UNEDITED

    Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved - Helen Keller

    -

    BEC 80 (10/23/15)
    FAR 72 (4/2/15); 83 (7/11/16)
    REG 52 (4/28/15)
    AUD (9/9/16)

    Roger + NINJA MCQ + WTB

    #774982
    Spartans92
    Participant

    Hasy, I will add this for you. You are missing “off” after 3rd sentence. Lol I just had to because it doesn't sound right.. :):)

    BEC- PASS

    #774983
    Credit Revenue
    Participant

    Haha! I thought it meant what it said without the off. I was like ok then. Lol

    A - 79 expires 4/30/16 need a pass on REG
    B - 78
    F - 80
    R - 83!!! Can live again!

    #774984
    Spartans92
    Participant

    Haha credit I assume we all know what it was suppose to say but ehh I'm like that.. correcting mistakes etc 🙂

    BEC- PASS

    #774985
    Credit Revenue
    Participant

    I didn't… My mind was on score release though. I have expiring scores and everything else so I guess I have an excuse. Then it said unedited at the bottom. So that further confirmed he said that in my mind.

    A - 79 expires 4/30/16 need a pass on REG
    B - 78
    F - 80
    R - 83!!! Can live again!

    #774986
    Spartans92
    Participant

    Lol. I hope u get your pass before your other scores expires. If I recall u have 1 to go? Good luck with reg!

    BEC- PASS

    #774987
    hasy
    Participant

    OMG, I can't believe you BOTH caught that!! I went back and EDITED it REALLY quick too!! Hey, I put a disclaimer!! HAHA. 😛

    Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved - Helen Keller

    -

    BEC 80 (10/23/15)
    FAR 72 (4/2/15); 83 (7/11/16)
    REG 52 (4/28/15)
    AUD (9/9/16)

    Roger + NINJA MCQ + WTB

    #774988
    Credit Revenue
    Participant

    Yeah. I passed FAR. I took REG on 4/30 when my AUD scores expires. I felt WAY better about it then I did FAR. I should be good to go. I have to sweat the next score release too, but I was truly worried about FAR. So I won't be sweating as bad about the next one. I am sure as it approaches my nerves will get me a little.

    A - 79 expires 4/30/16 need a pass on REG
    B - 78
    F - 80
    R - 83!!! Can live again!

    #774989
    Credit Revenue
    Participant

    Updated my signature… So it's easier to see. My scores aren't great, but I am single parent and don't really care as long as I pass. REG should be higher. I studied hard for it.

    A - 79 expires 4/30/16 need a pass on REG
    B - 78
    F - 80
    R - 83!!! Can live again!

    #774990
    Credit Revenue
    Participant

    @hasy… haha!

    A - 79 expires 4/30/16 need a pass on REG
    B - 78
    F - 80
    R - 83!!! Can live again!

    #774991
    Spartans92
    Participant

    A pass is a pass! Wow hope u will get that 75+.. that is the end!

    BEC- PASS

    #774992
    Credit Revenue
    Participant

    Thank you Spartans!! I think I took a 3 month break and a 6 month break. I also wasn't very serious about the exams. I survived AUD and BEC by going through the motions. FAR took much more hard work. So being almost on the other side now… Do not take long breaks and do a ton of MCQ's. I studied for REG in 19 days. It all made sense too, but I went all out. If I could do this over I would have passed all of these a year ago. Just buckle down and get it over with.

    A - 79 expires 4/30/16 need a pass on REG
    B - 78
    F - 80
    R - 83!!! Can live again!

Viewing 14 replies - 16 through 29 (of 29 total)
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