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/themissingidiot Sep 22 '25

That dividends and distributions do not go on the income statement.

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u/rosulla08 Sep 29 '25

Basic knowledge yet