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Trainee Accountant Mistake

  • 20-01-2009 10:47pm
    #1
    ezypzy
    Closed Accounts Posts: 16 ✭


    Hi,

    Just wondering.....I'm a trainee accountant the last year and a half passed my CAP1 exams. Seem to be getting on grand with the work and study but always feel under pressure.

    Feel like all they care about are the fees and not as much about the training...I would love to be able to do things right and learn the proper way with out feeling stressed.

    Also I worry that during busy times eg income tax return deadlines I am working so fast and feel out of my depth that I could have made mistakes such as totting errors mispostings or forgot an area of the tax law...as far as I am aware I have not made any mistakes but worry that I have (I have a terrible problem of worrying about everything!)

    Does anyone else feel the same and what the hell can you do to fix it????


Comments

  • #2
    Climber
    Registered Users, Registered Users 2 Posts: 184 ✭✭Climber


    I could have made mistakes such as totting errors
    Does your manager not review your work?. The reason why there is a hierarchy of management is to ensure that work is independently reviewed, checked and double checked.

    You're right that your company is interested in fees, after all, it is a profit making entity. When you qualify and progress in your career you will be able to see the 'bigger picture'. But for the moment I would concentrate on your job at hand and try not let it stress you out


  • #3
    Bren1609
    Closed Accounts Posts: 459 ✭✭Bren1609


    Dont worry about it, your manager will spot any errors. Try doing most of your work in excel that way your tots wont be incorrect and you have to punch them into a calculator anyway so at least you have it on paper.


  • #4
    ezypzy
    Closed Accounts Posts: 16 ✭ezypzy


    Yep my managers review my work but what if a mistake was made and they also didn't spot it but say for eg a revenue Audit found the mistake - who would be to blame here the trainee accountant, the training firm or the Client?


  • #5
    tywy
    Closed Accounts Posts: 1,240 ✭✭✭tywy


    The person who signs off on the accounts is responsible I thought. Isn't that why partners get paid so much? :P


  • #6
    Hanley
    Banned (with Prison Access) Posts: 21,981 ✭✭✭✭Hanley


    If anything's wrong it should be picked up by your manager...

    I know my work's reviewed 2-3 times before it's eventually signed off on (and no, it's not just me smartars*s).

    I've proof read accounts prepared by others that have been proofed 4-5 times and STILL picked up errors. I've seen financial statements going out with errors in the accounting estimates and policies as well like.

    You're gonna have a hard time finding absolute perfection in any large set of accounts.


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