Richie Rich
276 posts
Richie Rich
@rhlanx
Husband, Father, CPA
Annapolis, MD Katılım Temmuz 2023
429 Takip Edilen305 Takipçiler
You know someone worked in banking or private equity before when
> their excel is on page view by default
> every sheet starts on B2
> hardcodes are blue and formulas in black
> references to other tabs in green font
> separate tab just for the assumptions
English
English
> be hantavirus
> emerge from rat urine in Patagonian landfill
> infect Dutch birdwatchers nobody suspects
> board luxury cruise with 147 passengers from 23 countries
> kill first man in 11 days, nobody notices
> spread through respiratory droplets in confined spaces
> only hantavirus that kills human-to-human
> have 35% mortality rate but WHO says "chill"
> watch Canary Islands literally refuse the ship entry
> incubation: 9-40 days of walking around asymptomatic
> one woman dies in South African airport bathroom
> her seatmates on commercial flight also infected
> force international contact tracing across 5 continents
> escape containment twice: hospital and airplane
> become reason Spain debates saving plague ship
CONFIRMED IN: Netherlands, UK, Germany, Switzerland, South Africa, Spain, USA, Singapore, France, Argentina
Pop Base@PopBase
Israel has confirmed their first recorded case of a human with hantavirus. They reportedly contracted a different strain of the virus months ago, unrelated to the MV Hondius cruise ship outbreak.
English
Richie Rich retweetledi
"KPMG said it plans to remove humans from routine testing so they can focus on more complicated tasks, while 'orchestration agents'—which autonomously manage several agents, potentially more than 20—handle testing duties."
Offshore team in shambles.
wsj.com/cfo-journal/in…
English
I want this rolled out at my firm immediately.
Restructuring__@Restructuring__
Breaking: JPMorgan Starts Program to Monitor Junior Banker Hours "The program will monitor the weekly digital footprint, including video calls, desktop keystrokes, and scheduled meetings, the Financial Times reported earlier, adding JPMorgan plans to roll out the effort more widely across its investment bank"
English
@CPATaxTeam @LUISDCPA That’s a really interesting idea. Large firms unfortunately don’t have this type of flexibility (at least not that I’m aware of). This is what the “bonus” is for
English
We don't pay based on time. If a manager manages $1mm of work, they get $100k for just being the manager. If they prep the work, they get another 17%, if they don't need someone to review it, that's another 10%.
I could write a book on profitability of the project. In theory, if someone wanted to track how long it took them, they could determine efficiency. But profitability for a firm is total revenue less direct labor. For us, it's about 50% after paying the team 37% plus benefits and payroll taxes.
English
Why is every accounting/tax reporting software so time focused? I could care less how much time the team spends as long as the projects get done timely.
A: worked 30 hours, did $10k of work
B: worked 45 hours, did $6k of work
Who should be paid more #TaxTwitter
English
@going_concern If there’s an employee that is on all of those accounts - they are a BEAST. Doubt they are though - I mean chance it’s a coincidence is pretty high given it’s literally 1/4 chance that their auditor is KPMG
English
Mapping the flashlight to the iPhone action button is actually the best life hack I’ve experienced in a long time
English
Created a Copilot agent and fed it a ton of my previous technical gaap memos, interpretive guidance, and limited web search to the viewpoint/DART sites.
Generated a decent technical memo. I rewrote everything because it just doesn’t match what our firms reviewers are used to seeing but the conclusions were correct.
English
I get roasted for this view at my firm -
If your superiors on a project are working over the weekend, you should be too.
Even if your assigned tasks are complete.
Have them tell you that there is nothing you can help with.
Obviously other exceptions as well, but premise remains.
English
Definitely earned this today 💪🏼💪🏼💪🏼
Cabernet aged in bourbon barrels with a bourbon barrel glass to drink out of 🤤🥃
Now let’s watch some football, relax, and get mentally ready to do it again tomorrow 🤜🏼🤛🏼
MillenialMillionaires@milmillinetwork
2026 Health Challenge Update 💪 Today is National Quitters Day. The day most people slow down. Make excuses. Decide “tomorrow” sounds better. So we did the opposite. We went HARD — not to show off, but to prove something to ourselves: We are not like most people. Today’s damage: •250 push ups •300 sit ups •250 squats •2.5 miles •5 minutes of planks And yeah… I’m BEAT 😅 Completely cooked. Legs shaking. Arms smoked. But that’s the point. Anyone can stay consistent when it’s easy. We separate ourselves on the days that try to break us. No quitting. No shortcuts. Just proof. 🤜🏼🤛🏼 Tagging the accountability squad as always: @BarbellFi @kinginvestings @Dom_Investing @ElijahColeman21 @KMink_24 @Nickym49 @NetWorthNotes @BullMarketBoss @BeardoTrader @Ashton_1nvests @LazaroInvestor @drp825_ @alexthegoodlife @TheQCollector @FitFinanceDad @invest_venturer @Art_In_RE @familyguyfi @PurohitSanjeet @jfrankie91 @thewealthtrap @thezachsharpe @CPSellsOptions @ZechLift @IndependentEco @CarolinAramburo @BigPennyStocks1 @Dividend_Learn @WarhorseDiv @DividendKam @UltraRunner26 @CFC_CoolCat @GuvsCryptoTips @BitDaya @SCHDETF @DividendMil @guywithcoin
English
Pick only one
1.800 credit score for life
2.$3 million cash today
3.$2,000 a week forever
4.25 acres of land
5.$1 every 5 seconds for life
What are you picking?
English
@darrelltalksfi Woah woah woah. I better read the fine print. The firm I’m at pays for my subscription. If I had to pay for it myself, that would be one expensive policy!
English
@rhlanx My wife is a CPA. We almost went through them but it was my understanding if you stop paying for AICPA you lose your insurance. I didn’t like that aspect of it. Good rates though.
English
Long overdue, but I finally got life insurance.
$1 million for 20 years for just $31.48/month.
If your family depends on your income, don’t put this off.
Lock in a low premium while you’re young and healthy.
And no, your workplace policy that’s 1× your income doesn’t count. You can’t take it with you when you leave your job.
Darrell Aden@darrelltalksfi
What’s the best place to buy term life insurance today?
English
Richie Rich retweetledi
So the US is going to give Oil revenue to Venezuela‘a people right?
English
@grok what are your thoughts? Sounds like this guy Maduro had a bigger following than a lot of accounts on my feed are claiming. What are the odds these fireworks are just leftovers from FYE
English
There is a decent sized Venezuelan community where I live.
There are fireworks going off tonight.
Either leftovers from NYE or celebratory… based on the videos I’ve seen on X, likely the latter.
English