Reddit Big4 - Where should I go after BIG 4? : r/Big4.

Had to take a week off because we were moving and I have to take another 3 days off to take care of my sick fiancé. On the other hand, if you’re in it for the long haul, partners are very well compensated. Keep the bonusI want pay increases. 79K subscribers in the Big4 community. IT Audit gets paid more than assurance, works less hours (no busy season depending on team), but people say there are less exit ops and some people say it is boring. They can get an inside scoop on internal politics. It sounds like you prefer EY or Pwc. To quote both a partner and senior: "Does this seem fair?" (You're the fucking evaluator, why are you asking me?). Digital/AI Controls/Algorithm I am considering to transfer to management consulting-human capital within Deloitte in the future ( I know it's hard) interested in technology and business analysis. Yeah man it’s tough out here, IB is even worse than big 4 but they’re at least paid better than probably every profession in the world. People who have left big4 and still didn’t like the industry jobs are less likely to post on Reddit. Typically no smart casual even if the client has a casual dress code. And it wasn't one of those inflated hours where I'm checking my phone once in a while, taking a break to do chores, etc. Big 4 associate stressed and sad - please help. Real estate agents, clients and colleagues have posted some hilarious stories on Reddit filled with all the juicy details. That said, deals groups don’t have the most job stability. Once you're qualified, regionally the salary might be around £34-42k as a rough estimate, if you work in London it will be £40k+, and it will only grow from there. Now interns and staff 1s are getting 74-78k starting. Pro tip: No matter how bad the senior and team is. As others have said, attend recruiting events at each firm and you’ll get a …. They usually want help during busy season. I also met a few people from the second firm and I feel the same way about them. The one rule in life: If it isn't gay it doesn't pay. I didnt get my offer until about 3 weeks after the final interview. Small firms/companies don’t have any comparable learning opportunities like big 4 offer. this could be a potential side hustle. All Elite Wrestling (AEW) is live at 8 pm ET tonight (Sun. 69K subscribers in the Big4 community. Every audit in the Big 4 imo is basically set up to fail - every engagement is ridiculously under-resourced, with unrealistic engagement margins to make the partners look good, and no one wants to get blamed so the blame keeps trickling downwards. Let's not forget: At the Big 4 office itself, you'll likely find people in business casual. But big 3 consulting (BCG, Bain, McK), IB, PE, or FAANG are all probably more prestigious. carley shimkus legs Tendency to be pigeon holed to one area or specialism. Got offered the job 2 days later!! (Wasn’t at a b4 tho, midsized. Hope this is of some value to the people here. It is generally true but what they don't tell you is that it's also harder to find jobs like that. Financially - no the performance incentives in B4 are not worth the extra hours needed. I don't mind the workload and actually enjoy being very busy, but I'm starting to feel like I'm pulling the weight for everyone on my team and everyone is making more money than me while I'm doing most of their work. That may provide an indication that you show genuine interest in your work and in your LoS/industry. Choose the one that has your favorite color scheme. Sorry, this post was deleted by the person who originally posted it. From what I've heard and read, it appears like KPMG is the 'worst' of the Big 4. The confusion is understandable. The biggest community on Reddit related to bonds. For junior members, we actually expect that they make mistakes because big4 are learning companies. My current F500 job's manager came from Grant Thornton, and we have people who use to be managers at Deloitte and Pwc working under her. Salary comparisons vs different nations aren't massively valid, even taking into account exchange rate. With millions of active users and countless communities, Reddit offers a uni. This is coming as someone in Big 4 advisory as well, I would take a FAANG offer in a heartbeat. Sure, it might not make as much money as the other three, but it still makes billions more than the mid-tier firms (mid-tier firms that are also phenomenal btw). I don’t see a reason to place more pressure on yourself in your early career than the demands of the job already require by default. More often this causes immense stress and pressure on upper management and molds them into a less forgiving or blunt figure. Make a checklist and a timetable for the day/week/month. With millions of active users and page views per month, Reddit is one of the more popular websites for. The other side of that argument is, what you do on your own time isn't any of their business. Hopefully somebody else can either verify or correct the above. In the second, busy season was generally 9am-12am with occasional stays as late as 2am M-T, 9am-5pm F, and 5-8 hour Saturdays. dennis kyle movies As a week has passed and the assessment hasn't gone very well, I'm starting to suspect that the process isn't going to move forward. Interested in knowing how they like it there as compared to other cities. Absolutely crazy turnaround rate, consultants paid well below national average (started at 43k a year ago few years ago, as a consultant, major pay decrease but considered it a "get paid in experience, and Big 4 name on CSV" deal). Policies prevent practitioners from influencing the hiring process. long story short, I have little to no human interaction on a day to day basis when I come into the office and haven’t met my project team yet bc they’re 5 hours away and having me work remotely. And biglaw hours don't compare to big4. So in the case of consulting, no, your firm provides similar services. According to her, for the amount of hours and work she's putting in (she's putting in at least 52 hours a week), she is earning way too little and instead she feels she should be earning least 5 figures ($10k or more) considering her peers in consulting, engineering and banking. It extends from now to the end of November. A bit of time in big 4 can be great on the resume and open lots of doors “in industry”. Getting the most out of my Big4 experience. Another biggie is funding for liability claims. You’d have to share a LOT more detail about your long term career aspirations, your long term work life balance desires vs. I'd say suffer and get out but it sounds like you already tried B4, so mid might be a better fit for you. 1st was a review and I got great reviews. it’s not brain dead easy to get, but you’re not competing to get into a top law or consulting firm. You can take as much learning as you want, in almost any field you like (Technology, Marketing, Strategy and so on) - The freedom of not having a direct manager. I worked less as a supervisor average like 5-10. I believe that you are already good to land in big 4 because most of people don’t think about their future 4-5 years prior to the time. I just take the punches and live my life. I am currently doing a group project where we examine how effectively mental health resources are utilized, specifically in the Big 4. So on the whole, I'd never say I regret it. The amount of toxicity and negativity is skin-blistering. Better work life balance, 35% pay increase, opportunities to do rotations in other service lines, better internal networking opportunities, easier to be involved , bigger clients. Big 4 wants people to be CPA eligible before they start - which means you'll need to have 150 education credits. Big 4, will pay for your cpa materials, license, and offer a bonus - that alone is like 7k. (Bonus around 10k for performer end). I recently landed an auditing job as junior at the least big of the Big Four. The best place on Reddit for admissions advice. Big 4 audit is a good career choice if you want to be an auditor, internal auditor, or work as an accountant at a company in industry. So these tax code changes created an environment of significant change which created a ton of issues predating the. For bigger firms it’s a big no no I would imagine. This sub needs more of this kinda stuff. In big4, you email the person in the national group that's the expert and they tell you the answer. This one should be the easiest one to avoid doing. If there was no $600 mil on the split, I’m 99% confident EY lays off 2-3% like their peers. On this occasion, I've taken a moment to ponder my career at the BIG 4. I don't know if I'm ready for 60 hour weeks at a big4 just to get paid $5k more annually than the mid-size. Bankruptcy should be your last option. Yes it does matter for certain jobs and for many exit options. Big4 Audit GTA, incoming S3 -> $80K. Also, the better service lines (not audit) like advisory and consulting lead to the best exit opportunities. I've always thought it was Big 4 accounting/advisory firms and Big 3 consulting firms (MBB). Se esses caras botam banca de big4 então deve ter um monte de otário querendo trabalhar pra eles e, logo, a empresa não têm nenhum motivo para ser leal com você. They’re significantly more common in the Big 4 than you think, and that’s for a reason. You get about 3-4 week vacation at the big 4 typically from the very start. If you want to be a CFO the tax route. As always, it's subject to Partner approval but they'll usually allow it. Typical hours are 8:30am - 5:30pm, although some offices have slightly different norms so feel it out. Diciamo che 45-50 alla settimana puo' essere una. As you can imagine, I'm extremely tempted to pursue it, but I know that it's frowned upon to leave B4 during busy season. E' vero che in media si lavora piu' delle solite 40 ore, e settimane da 70 capitano (generalmente gli straordinari non sono pagati, non so come sia in big4, ma e' tipico essere assunto direttamente con un contratto da Quadro o Dirigente (se post MBA), per cui gli straordinari non sono previsti). Second, people leave after, say, 3 years because having big4 +CA qualification opens the door. Advisory cuts will take place at the end of summer. ) I've never heard of this outside of Reddit. Beyond resume, connect with people working at the targeted firms via LinkedIn. Wipe your ass before hand and you should be good. ) Want to make a pivot in their career (say marketing to Consulting, FMCG to PE/IB etc). --- If you have questions or are new to Python use r/LearnPython. Okay so I worked under a guy in audit that's best I've ever seen in my entire career. JD can be anywhere from $60k - $140k depending on location, specialty, etc. Because the requirements for getting on the pipeline (good gpa, applying in the fall for an internship the following summer, completing 30 extra credits) are difficult for non traditional students or for people whose lives don’t afford them the time to wait around on the B4 schedule. If you have an accounting background you’ll probably be …. That is the 150 hours and required courses for the state you are going to be licensed in. wow, EY is offering 50k too for summer 2023 audit in montreal. I've been hearing that people who joined as campus hires are leaving much faster. The masters isn't required, but the majority of people do have their masters. Big 4 Accounting Firms 2023 Layoffs. I had done an internship at a midsize firm last busy season while I was in my last year at university. It will help you better understand how businesses work and put you in a better position to start something of your own in the future. Make it through 2 more months - interview - find job that fits. I do plan to stay for the upcoming busy season in 2023 which should end by end of Feb 2023 as I feel like there is still room to learn and solidify my knowledge. Similarly, get a large cup/ water bottle of water. Hence they are responsible usually for final delivery of projects and communicating targets, deadlines, budget, pricing, etc with partners & clients. I just cant wait for this to end!!!. FP&A or product control might also be possible but you'll have less of an advantage in interviews. The people are similar enough as well (worked in or with three of the four big4), so that area didn't matter in my area. joyner trooper 1100 parts For consulting, they probably have the most mature methodologies of the four and best brand recognition. If there was no $600 mil on the split, I'm 99% confident EY lays off 2-3% like their peers. Eléggé függ a kiszórás attól, hogy OP mit kommunikált le. Honestly and I’m not being funny but, as a senior noting the lack of staff coming into busy season and how all the managers are fighting over the remaining staff…. r/Big4: Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. I don't get very excited about public accounting salaries unless they're. They typically hire that far in advance. Looking to get an honest opinion on whether interning/working for a big4 firms is as valuable or horrible. busted newspaper midland county Get the Reddit app Scan this QR code to download the app now. Working in the big-4 is rewarding experience to an extent it gives you an edge in the market but ultimately it is very stressful, long hours, big management egos, unrealistic demand, need to kiss up to get your raise and promotion. Again, that’s a generalization, because each office will be different. We are starting to trim the fat in the A1 levels as we overhired for inexperienced and experienced senior levels and are putting resources towards training the seniors. After 3 years I was VP heading that department + analytics. Zero Hour: AEW Dynasty Pre Show - LIVE Sunday, April 21 6:30pm ET / 3:30pm PT. Most likely, you'll want to come dressed in business casual. Completely clueless - no one expects an intern to know much. Big 4 is superior in terms of experience, I've worked in industry as well as smaller firms. Imagine you are the Netflix auditors, you will have a chance to learn content accounting that no one ever had done it before Netflix. 5k first year and 4K last year of junior) Senior Tax accountant (S1 at least 3 years) will get 3. Generally speaking though, of all the accountants that I've met, the accountants with some Big 4 background tend to be a little more . Idk how people get around not saying, but it is true that leaving one to go to another they don’t make you do the 2 weeks. within the system to corroborate inquiries with management. Not all the big4 but 2 out of the 4. For those who choose to stay at the same level in the same company (well guess what, they still make more than you. EY's WFH policy is now determined at the team level. Chances are you'll find opportunities immediately. I’m at one of the Big4 that isn’t KPMG, and I’ve noticed that the other 3 firms like to dunk on KPMG like it’s a subpar firm. A maioria das grandes famosas é um moedor de carne de empregado. 85+ and i have some leadership positions on various clubs. You actually don't have to do any of the grunt work, just review it, coach people on how to do it and go to meetings. ) Go to your team and ask how you can help with the engagement. Good luck on your future endeavors. From my understanding, business consulting (non-strategy) isn’t really accounting/finance centred and seems to have a lot of focus on project management, MIS and cyberspace. The work is more intricate and complicated so you’ll be grateful you’re able to take a step back and focus on learning rather than being responsible for work plus all management responsibilities. leave them scrambling at a busy time of year and 2. Just got offered to be a Senior Associate in a Big 4 firm, was a staff but I left Big4 after a year for an Internal Audit position. I think there is an AMA in either here or r/accounting by a partner in Japan. Not too late, and I was sort of in the same boat as you! I was entering my senior year having done two internships, both at mid-size firms. A reminder to why were here! Got 7 interviews lined up. coach (who i just met) is leaving the firm. They're looking to see if you can hold a conversation about life, the firm, everything. Any issues they generally want you to speak with the background check company. Consider adding a profile statement right at the top above education, where you describe yoursel, some of your goals and your hobbies. If you want to reach top tier in the accounting career path, big 4 is the only way you should go. If you do and you’re still in this period then the review could signal something. Join us for game discussions, tips and tricks, and all things OSRS! OSRS is the official legacy version of RuneScape, the largest free-to. I don't get angry and stressed anymore. Jump to The founder of WallStreetBets is sui. KPMG Layoffs Mega thread (USA) ETA - was just notified it’ll be a 5% cut firm wide. My job title is officially 'cyber security engineer' but it is very much a consulting job. Working at the "Big 4" doesn't mean shit. Got an offer for a similar position in the fund industry at a Big4 and a Bank. It's pretty much required to have big 4 and CPA to move into a public company accounting manager job. For a normal 40 hr a week job that’s fine. Alyssa Zinger (22 years old) posed as a 14-year-old homeschooled student on social media and raped a minor 30 times. More often this causes immense stress and pressure on upper management and molds them into a …. Big 4 recruitment advice from a traditionally non-target school. There’s more to life than what meets the eye. I wouldn't recommend taking on hundreds of thousands of dollars in student debt to get out of school making 70k starting. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other. Felt like I got more in depth with the clients compared to big 4. Typically business casual but could be business formal in rare cases (think formal banks). I'm not sure what you mean whether employers have enough work, I think this might be location and industry specific. Yes, people from every big 4 level has incorrectly filled out their timesheet regularly, all over the world. Starting for a new manager is around NZ$105k, and up from there depending on experience. ” Spun off of the popular Reddit Polls, Predictions. r/Big4 • Up til midnight again. So it makes sense to get a Big4 on your resume, then graduate somewhere else and make 20% to 80% more. What makes these companies so superior to any other company? Is it all it’s cracked up to be? What can I expect from working there and is it hard to get a job there? Trying to see if it’s worth looking. They will both work you to the bone but at least with big4 there are better exit opportunities. If you do your work, which you seem to be doing based on what you said, then you should not worry about getting a return offer. All of that came from building good relationships and putting out quality work. At least Sony took a chance funding the development of it and giving freedom. The major con is the new job salary is less than what I'm currently making since I've been promoted to senior. I like fast paced lifestyle, getting exposure to different clients and projects etc. 2) Compliance training tends to be internal at banks, just as it was at my old Big 4. This is an unofficial sub reddit of your Texas grocery retailer. 1 million people (2020 figures). My mental health took a toll in the past year due to work and some other personal issues. Hi everyone, 2nd year audit staff here. Not OP, but I think currently audit seniors are anywhere between $70-$90k NZD and managers just over $100k NZD. KPMG 13 months paid : Tax advisor starting (0 experience) will get 3400 gross per month to 4000 as Senior 1 (2 years of experience). large block quilt pattern I’ve seen two Senior Managers screwed out of a Director promotion and take it. Do Wear Business Casual on Day 1. You catch a fraud that is big enough to end the business of the only client the audit partner has, don't expect them to do anything. Hi guys, Currently in Big 4 Audit (Financial Services) and looking to move into an Analyst/Associate role in Banking (Equity Research/eventually Portfolio Management being the goal), however am open to roles of a similar nature. Mid-tier/T10 usually have sub-par clients (less competent so more work for auditors) but slightly better work life balance. hear back from recruiter about a week later and schedule an interview with 2 senior managers on a Tuesday. I reneged on an experienced hire (senior) offer at a B4, and four months later the recruiter reached out to me again to see if I. I just started at Big 4 this January as A2. Honestly I prefer Big4 over BigLaw because of the work life balance. When you're recruiting you'll see a lot of people say they want 3 years of experience minimum, so staying until then will really help you. Looks nice on a resume :) Reply. The only thing that changes in a group are the people, the culture will hardly ever change and they've likely had plenty of new staff like you. Check out the sidebar for intro guides. If you are looking for say, September 2023, I'm afraid you are in fact too late. The sweet spot between senior and manager qualifies people for good managerial/ controller roles. take this with a grain of salt since I only have limited big 4 experience but id imagine being on a large engagement (i. Before my Big 4 experience, I've generally been a confident guy and relatively content with life with family and friends I love. "Business Recovery Services" or Restructuring (may be a separate group). compensation (and what you’d most enjoy doing). People who have left big4 and still didn't like the industry jobs are less likely to post on Reddit. You’ll wake up every day feeling dumber and dumber. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the. And even in the mid-aughts it was not unheard of some people taking a month off, especially if they had family overseas. As the title says, the Big 4 companies are run by accountants who have no business acumen or leadership skills. Is there a way to work for one of the big four, be a productive member of your …. I did forensics at a regional firm. yes, partners are the sinfle biggest offenders. Currently browsing internships and noticed all of the big4 firms recruit from and are located relatively close to my school. They didn't really advertise it though, they screwed the game's chance of "succeeding," however their boss or source of funding defines it. If i could go back in your shoes I'd apply to just about everything else, then maybe apply to big 4 audit as a true safety. The reg work can be a bit monotonous, but the advisory work can sometimes give you a chance to use some creativity. Would you say I should go somewhat informal? I saw on reddit that people try to be relaxing and try to get along so they can get a feel of what the candidate is like. My main motivation for leaving is the new LoS. I figured tax and audit are out of the question unless I pursue a MACC. Sure, its high in big 4, but that doesnt mean its low in industry. Don’t think they want to do an official round 2. I used to work like 5 hours a eeek. That's a really big paycheck to have. In today’s digital age, having a strong online presence is crucial for the success of any website. ) would give you much better experience than working on new first year clients. Has big four finished recruiting for summer 2024? I waited to apply for big 4 since I have no knowledge about anything related accounting recruiting, and waited for my school’s accounting mentorship program to start. I work easily 12+ hours a day, and at least 2-3 hours every day on the weekends. The hard one is MBB (McKinsey, BCG, Bain). Why is moving from Big 4 to industry so normalized? USA. Literally the first thing that came out of every single persons mouth. So you really don't know if you want to be partner until you've spent a few years taking their bullshit. since then, I gradually moved up the ladder in different industries, from finance team leader in head office functions ending up in a finance director role. To give a comparison, I'd usually leave the office at the Big 4 at around 17:30 when training, and would only need to be online late very occasionally - at law firms the norm is to leave at around 19:30-20:30, with US firms pushing it to 21:00-22:00. Don't waste your opportunity to learn while you are also getting paid for it AND earning your work experience for the CPA license! FAR: 81 (May 2013) BEC: 81 (July 2013) REG: 83 (August 2013) AUD: 82 (November 2013). You may also go into detail on some documentation techniques, some “role playing” interaction with “clients” and general keys to success as a first year. Offer 2: Research Associate at NERA Economic Consulting. The bigger piece is that I love the people I work with - they are not the reason I plan to leave, and I don't want to 1. If you want fully-remote, I’d go for PwC. EY: This is the firm you want to go to if you value work life balance. If you have a question in law, you figure it out. Recently transferred into DePaul’s college of business and declared an accounting major. You need to get experience in both Corporate Accounting and Corporate Finance (strategic and FPA). Edited to add: if you wear jeans, they should not be distressed denim. On top of that, when i finally did get promoted, I did not get a raise. Just be respectful, listen, and show a good attitude and you will be good. If they think you can do it by yourself, really put some thought into everything you do. -Did a pre recorded interview with EY yesterday, how long does it usually to hear back whether we advance to second round or get rejected? -How long does it take to hear from the other 2 firms regarding first interview or rejection?. They even told me that they are close friends with another executive at one of the world’s largest investment banks, and one day that executive told them: “[Big 4 executive’s name], when will you get a real job!”, and they laughed. cuddler service Hi everyone, I was an intern at big4 and have signed the return offer to join as a full time staff this Summer/Fall. Members Online EY rejected me after 5 interviews and 3 tests. jukebox sales near me When you're a senior, you're still an unproven commodity. They will accept you if you’re fire because of performance, atleast in California they do. Don't let a recruiter try and convince you that their big 4 is somehow any different. Pay is definitely on the lower side, but the culture is great. IB maybe but most public company CFOs come from corporate finance (fp&a, treasury, investor relations, etc. I interviewed with EY a couple of months ago for an internship position. If unsure shoot for mildly above average. Part of this is due to the inherent nature of tax, but a lot of this was due to TCJA being passed in 2017 and so much of it being so new. Its "easy" to leave after 4 years and be a Manager in industry somewhere. Members Online [IWantOut] 32M Materials Engineer UK -> Singapore Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Google common big 4 questions and have 8-10 different stories made up for the most common behavioral questions. It would depend heavily on where you live and what the job market is like. What you will learn is what probably matters more. It’s not as difficult as others seem to say and certainly possible- some of the basic skills on environment evaluation, and high level understanding on logical and physical security are useful. I guess it’s too soon to tell where we’ll ultimately end up, but it seems hard to imagine we will regret these decisions. yes, accounting isn't hard or desirable. In my view Big4 does not have “tax lawyers”, at least not equivalent to what the role is at a traditional law firm/BigLaw, even if you are in PWC Legal/ EY Law etc—they are just tax consultants moonlighting under a different letterhead. find nearest walmart from my location Big4 can be very hit or miss depending on clients and teams in regards …. Lot's of job apps I see say "Big 4 experience required" or at least preferred. I work at BDO and agree with most of your points. That makes sense ! I was wondering if that played a role. Man, no matter how much you hate your job, going to a client drunk regularly is …. Also, some of the skillsets are not transferable (Local listing/legal rules) vs places like SG/HK. so I set my expectation for end of this week. Don't short change yourself and you will do great. If several partners were asked to leave at the . While it’s very unfortunate you did that, I can’t imagine your client would care about a misdemeanor DUI charge. The salaries in all of these options is going to absolutely suck for the first 5 years or so. Valheim; Genshin Impact Pay rate is standard for all interns across big 4 in NYC, that is roughly the same rate for Staff 1s in the city (staff are salaried but and work more but it’s a recruiting tactic). Hi guys, I am sure you are all aware of this but recently a woman working at EY killed herself. Reddit today is introducing a new way to post to its communities with the launch of the on-platform feature called “Predictions. I've seen directors take on roles as acting partner, and other directors quickly jump to partner within a year of Director promotion. Big 4 grad programmes are reliably a 6/10 experience. Auditor, I was assigned to work 50 for the week. The way the big 4 and a lot of public accounting firms treat their employees is fucking disgusting and is a plague on the profession. In a summarized look, just focus on learning stuff and evolving yourself, then go work with what you like. Before you start full time at a Big 4 firm in audit or tax you must have your educational requirements for the CPA finished. reddit's new API changes kill third party apps that offer. The Scotiabank and accounting internships are great experiences and people will definitely focus on those. awesome tanks unblocked games 77 No tie and a jacket is optional. Start date some time in June-October. The main con is that I have a really good relationship with. Just heard of the Deloitte start dates being pushed to winter 2024. he's a pretty smart bloke and I'm sure he could've been at an MBB, but he joined at 22 at Big4, and made the best of what he had in front of him. By being successful younger in their career, they're more likely to be able to retire earlier and spend time with their family. I don’t understand the big hype about Taylor Swift. BIG4 firms have very strict rules against doing any outside work that involves accounting, bookkeeping, auditing, etc because if any of your outside work goes wrong, it could have negative implications for the firm, even if your outside accounting work has no connection to the firm itself. The 'about us' pages of PwC and KPMG's websites, for instance, describe the work they do in rather general, broad terms. PIP required me to be more engaged and show significant improvement and had weekly meeting with Senior, Manager, and Partner discussing my performance for the week. Also how many years have you been working there ( at one of the big 4) Archived post. All same shit where you'll be stressed (I was more at smaller firm). Some of the Big4 are now fine with jeans and a polo but that depends of what Big4. It's so common place at the moment for big 4 offers to be reneged on because we cannot find the right talent. To be honest, one year in as a staff 1 you don’t really learn anything. Ask to join them for coffee breaks. They just don't get that you can have a life and fulfillment outside of big 4. Just better hours (55 at most) compared to Big 4 where he'd do 100 hour work weeks. Of course, everyone I talked to had. Current project is around 38 hours/week rn but I have been told to bill what I’m budgeted for (45). they also usually pay the most starting out. To quote both a partner and senior: “Does this seem fair?” (You’re the. Dont believe the stuff on here that talks about how if you dont hear back in two datys, you didnt get the job or internship. Keep trotting along while applying for other jobs, i doubt u will get fired (with this auditor shortage) but there will definitiely be pressure to do way more hours. Hey everyone, I made the jump from tech consulting to industry last year, and wanted to share my story, since it might help some of the younger people here get some perspective on what's out there, and how to use your consulting experience to your advantage. If you go to BDO, RSM, or Grant sized firms, you should consider the engagement you are on. Big 4 to Equity Research/Front Office - Pathways. Just make sure you take something you really want and be picky. Pay is decent, benefits are quite good, hours are flexible. If I am told to “eat hours” I tell them I will charge my hours, but it’s up to the firm to bill the client for the overages. Attrition is down significantly over the last couple of years, and the hiring / promo model at big4 relies on a naturally high level of attrition. If you want fully-remote, I'd go for PwC. Big 4: Not sure what firm you are considering, but the risk assurance programs are all set-up slightly differently. Job market is bad, there are hundreds of people who would love to get a job with big 4. Accountants of Reddit, what car do you drive? 163 upvotes · 769 comments. You really need to stay until late senior associate or early manager to get the full benefits for yourself. As long as that's the case there will not be any awakening. Was senior at EY when I exited. y 20 oval blue pill I have been appointed by a couple of people via LinkedIn. Hello all, I have been working on getting into EY to do business consulting. Got in without experience as starter, had a steep learning curve and there is a shitton of corporate politics involved. I wouldn’t recommend taking on hundreds of thousands of dollars in student debt to get out of school making 70k starting. From the inside, working for a Big 4 firm can, frankly, be a nightmare. First example: working their first full-time job out of school and being overwhelmed by hours/working with deadlines/working with others, etc. Next, keep in mind that internships is where they wine and dine you. christian andreacchio crime scene photos You should see these guys though - they make $150k - $200k, have very little stress, and a great work balance. I'm still thinking about what exactly I'll be doing when I grow up, but I am broadly interested in finance: how it works. It’s bullshit and boarder line discriminatory, but legal on their end. It's not just limited to the Big4, but rather a systemic issue in the public accounting industry as a whole. But it's just not for me anymore. If you are experiencing new floaters or flashes please. Only if you consider 45-70 hours part-time. Ur not gonna get in for 2025 ur too early. Members Online Big4 Senior, just got PIP, busy on an engagement no time to find another job and plan to have a rest. There is something called "switching companies". Clarify until you know exactly what your team is supposed to do and sign. In your situation, I’d imagine they wouldn’t go into details and instead simply say that it’s a scheduling thing as they want to protect you as much as possible. Recently, I dedicated two intense months to a major. Ideally in B4 you should have the ability to work on clients across multiple industries, they will vary in revenue size, public & private, etc. Never ever put anything before your mental health. It is basically, lower tier accounting is seen as lower on the scale. This means that I would have to remain as first year associate again if I make the jump successfully. 5-3% and EY comes in at 5% of it's US workforce, that's where it was noticeable. Audit is typically dead end and not everyone can make partner or exit to industry and become a CFO. New comments cannot be posted and votes. I’ve only had 1 year of AP and AR clerk experience and 6 months of bookkeeping experience. There’s no guaranteed way to get a first tier status. There are some internship for sophomore and junior. Right now I’m just studying for the CPA exams but very broke so I want to interview for a full-time industry position to …. Although it is a lot of work and hours that you can get paid same in Industry for less work, but as others said, you do it for exit . 1k of school/professional expenses versus big 4 and grad school credentials. You should never ever eat hours. Are the big 4 REALLY as bad as all of you say it is? Discussion. There’s no model answer for a career, what worked best for them may not necessarily work best for you. The manager came back a week later with a detailed breakdown of how much time I spent in the toilet, talking to people about non-client related things, getting coffee, etc and asked me to remove it from my timesheet. The term "Big 4", however, comes from the accounting industry where these four firms dominate the market. I have had now 2 40 year old exp hires at 1st year in audit. You get to serve largest clients in the country/ state, clients having global presence. With its vast user base and diverse communities, it presents a unique opportunity for businesses to. Step 1: Go through your employer’s website and look at all of the services offered. Big Four Staff Auditor Survival Guide. Members Online Big Four Accounting Firms Overhired. If you are at a client I always learned the first day you wear your nice suit. I am currently interning with EY’s M&A. f500, full SEC reporting, oversight, etc. Be a killer and keep your head down and when everyone is crying about salary you’ll be cashing checks. You get exposed to many kinds of clients and learn so much, so it helps you figure out where you want to be (or where you DON'T want to be). Big 4 workers themselves often dress to their client's office's code, and may have to wear formal attire every day they are on. I’m currently a first year auditor in Big 4 in MCOL-HCOL, making roughly 70k yearly. Yes that's about right for senior. This sub-reddit is an english language friendly discussion forum focusing on life for living in Bangkok, as well as any other Bangkok related content. The scheduler will talk to 1-2 of the higher ups on your team so they are aware of you rolling off the engagement. Basically it mentions you agree that they will be your sole employer. audit too easy lah, everyday need people, cuz no one like the super super long hours audit job with little pay, yet high expectation and responsibility. But I decided to wait until the firm signed off on my CPA hours. B4 is a glorified sweatshop which is a great resmue booster. I Wish you all a Happy New Year. Big four has been pushing for work from office or client site, it's also . CPA Rotations -> Good exposure to areas of a company, would recommend if you are certain you want to stay at that company in the long-run. Hi guys, I’m currently in my final year and I’m quite interested in advisory/ consulting at big 4. big4 sends staff to do sox walkthroughs. If you really are among "the best" then it should be easy, no?. Source: a friend of mine started in Malaysia, moved to Singapore then to North America now. Not my problem if they didn’t do their projections right. Its incredibly rare -, as in, for all intents and purposes it doesnt happen - that anyones timesheet is always 100% accurate. That’s what I’ve heard, can’t speak from experience though. Source I worked big 4 FDD for 5 years and left for corporate finance. I was in the strategy arm but the same nuances would likely plague me in any division when moving from big 4 to a mid tier, 1) caliber of colleagues, 2) sophistication of clients, and 3) access to c-suite. Tall people make more money than short people, according. Yes its chill but the work is slow (boring) and the your career progression is slow. Financial Due Diligence (FDD) Corporate Finance (may be a separate group) Integration Services. wtf are you talking about being pigeon holed in the big4. Bat that out of the park and grow from there. It can vary by region, but generally this means a button down and slacks (no tie or jacket). If you are just looking to go audit, tax, or it audit you won't have any problems if you go to a public school. There are some people who will never work more than 60 hours a week and others who are consistently working 80+. I had an awesome experience at GT. New comments cannot be posted and votes cannot be cast. We wear so many hats and have such varied experience on different clients, audit phases/areas, etc. I would really appreciate a rejection than having no answer at all. The one rule in life: If it isn’t gay it doesn’t pay. Stick with it and get it on your resume, it can’t hurt. I understand that some people think that big 4 isn’t as great but it will grow you a lot more faster if you are going to major in accounting. You can add FDD to this list if u exit to Alvarez & Marsal but outside that they don't pay nearly as much as the three I mentioned at a big 4. Confirmation start date for EY full time staff summer/fall2024. As an associate, you would find yourself earning $53,000-$61,000 within audit, $67,000-$72,000 in advisory, $81,000-$88,000 within consulting, and $59,000-$64,000 in tax. I really don't mind picking up extra.