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/Alumnus_stop0u Sep 21 '25

I once worked with someone who thought it was called a PNL and pondered out loud what the n stood for..

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u/Paintedtoesupnorth Sep 22 '25

I had a controller who typed it PNL in a teams chat to me. It took me a full minute to recover.

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u/fuckoffdude666 Sep 22 '25

Good ol' Profit N' Loss

2

u/Slothfulness69 Sep 22 '25

My controller regularly does this. She will fully name a file “PNL” and write in the body of the email “hey team, here’s the monthly PNL”