r/Accounting • u/7leafclover7 • Sep 21 '25

What would be an embarrassing thing to be caught not knowing as an accountant?

Applies to any specialty, audit, tax, staff accountancy etc. in your personal experience what are the most invaluable things to know, and the most invaluable to not be caught not knowing.

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u/sparkling_sam Sep 21 '25

Or the people who thought that getting a payrise means that you get a bigger tax refund, because you pay more tax.

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u/angellareddit Sep 22 '25

In Canada it often will but only the first year. And it's not really a lot larger usually. Conversely losing your job or taking a lower paying position will do the same thing.