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What does SALY mean?

SALY is a slang phrase that is commonly used in public accounting. Basically, the Senior/Manager will simply say “SALY” when referring to how to do a task. “SALY means “same as last year”. Basically, just take the workpaper from the prior year and update it for the current year.

Honestly, the Senior/Manager are just being lazy as there is likely some changes that should be made, but they don’t want to deal with them at the moment. Take some initiative and figure out what improvements you could make to the task and workpaper!

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