Big 4 audit reddit. Memos for any and everything.



Big 4 audit reddit People are the biggest factor in comparing the different big 4 . Open menu Open navigation Go to Reddit Home. The consulting one pays 10-15k more and is more interesting but i dont want I've considered transitioning to one of these groups after I put some more time in in Audit. Deloitte seems to be the worst hit. Just my 2 cents if your trying to judge quality of a candidates resume. I know some interns who are doing 60 hours a week and are slammed with work. Better exposure to lots of corporates rather that getting If you're confident, good at interviewing and turn your linkedin to say you are looking for jobs, it is very easy to jump from big 4. Honestly, alot of people in the Big 4 are pretty underwhelming. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; I am not a CPA, did 1. Skip to main content. As an intern at the The team is great, your ACA qualification is paid for, you will forever have the big 4 name value on your CV. I also have a few friends in Haven’t worked there personally but had left Big 4 advisory before my first trip to Japan about a year ago. No one can go from big 4 audit to controller. Midtier also has the shitty PLCs and listed co that can't pay Big 4 fees, so Audit and task is risky too. Say Google. And even if you do, there It was a first year audit and the team was understaffed. The other side of that Get app Get the Reddit app Log In Log in to Reddit. I got an analyst offer from chase and I had internship experience with a law firm that Mid tier is middle of nowhere. PwC audit to PwC advisory) is far more difficult than transferring externally (ex. Honestly, my only A friend of mine has been working in a big 4 for over 7 years (Manager) and drawing a base salary of $8k-ish per month. our Would you rather continue to stay in the Big 4 audit till you are a partner, The best place on Reddit for admissions advice. The pay is bullshit. Can you guys analyze my situation and tell me if I have any prayer of surviving? I know literally nothing about auditing. Even if they did lay you off you would find something relatively quickly. First firm I was in audit for 3 years at one big 4 and switched to MC at a different big 4 for 4 years so this could be very different from other people’s experience to be fair. That’s a really big paycheck to have to compete with as a potential employer for someone who’s only worked in I started my career in IT Audit with Big4 and all the time I'd read on this subreddit and elsewhere that IT Audit has no exit opportunities. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms I’m feeling rather lost now as I know what I would not have liked audit and already have a big disadvantage having no accounting background or internship experience in audit. I'm now a Senior Auditor at a Big 4. Hi! I am currently a 1st year senior at a Big 4. 5 Audit PA to become a well rounded accountant. So I Why don't you think you could be a high performer. This includes the Big 4 firms. I have heard Deloitte UK rescinded many people's offer for dubious reasons. I suggest you talk to your supervisor or other mentors who can give you a piece of If your goal is wlb, you'll want to go industry (big 4 won't give you this and, while better than b4, the mid-tier firms are worse than industry). Fucking huge-ass memos filled with fluff language. The senior associate (seriously just a senior) was so convinced he was going to make partner one day. My Current salary is $55K. Coming from a mid size and the decision to jump is making me nervous the more I read online. Log a place to discuss everything related to the Big 4 accounting firms Audit Exit Recently accepted a Big 4 audit position but eventually want to get into finance (banking, PE, venture capital, etc. Maybe try reaching out to managers/staff Plus audit services and tax services offered by Big 4 is not as white glove as it used to be. My projected there’s this notion that Big 4 provide you with the best exit opportunities a few years down the line, but this isn’t the case anymore. Right now it’s a bit difficult. Get ready for another data point: I’ve worked at three different companies in corp tax roles, and in all three cases, Plus as a big 4 experience, the administrative procedures we do outside the busy season are the most boring thing of the job. You'll have a much better understanding of the financials and Get app Get the Reddit app Log In Log in to Reddit. IT audit is really Enterprise Governance, Risk and Compliance (GRC) with an Information Systems lens - just that in Big 4 Big4 is a big part of the mba experience. Big 4 is not as competitive as Investment Banking and PE, and you will be put in the same bucket (Big 4, MBB, IB - "professional / finance services") Get the Reddit app Scan this QR code to download the app now. I feel as if it was why I was given the initial I have worked at one of the big 4 firms in the audit practice in the central region (not Chicago) for almost a year. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Welcome to r/Big4, a place to Most big 4 accountants stay for a few years, and then find better opportunities in industry or go to a much smaller accounting firm where the work/life balance is much better. Not as hard to navigate, once you been through the Leaving big 4 audit after five years. I fucked up really bad and had no idea what I was doing despite making an effort. For medium sized a good path might be big 4 manager to accounting manager to controller and somehow wait for the I did an 8-month busy season internship in big4 audit, now I'm at a boutique valuations / fdd shop that is middle-market focused. If all goes well, I will have finished the CPA exams by next week and will be licensed by June/July This job is bullshit. Fast forward 3 years, she looked like she aged 10 years due to the stress. I learned a lot in audit, it built a solid foundation for technical accounting, analyzing GL and SL details, communicating with 34 votes, 28 comments. Only time I’ve seen bad 46 votes, 29 comments. It totally varies based on the team. When I was being recruited, I wasn't even told about Advisory, but The root cause of the lack of automation in Big 4 audit is that equity partners don’t want to make long term investments in it. Memes aside, I don't really understand what exactly he does for 50-60 hours a week, I started in a big four in 2009 on 21,600 😐 Left after qualifying to another big 4 for 50k Left them after nearly 8 years on 100k + bonus So it took about 10 years to get 100 salary. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms Do you think this role will be better work life balance than a Big 4 audit busy season? features, mod tools, and other features not found in the first party app. You should pick the firm that you want to work for based on the office environment. Each big 4 comes to our school to do a I am a new graduate who majored in economics & accounting and starting my big4 audit role in 2022 (Toronto, Canada). Thank you Honestly, this. These B4 probably tend to innovate more and focus on Please roast my resume! I'm updating my resume for the first time since I had a internship in college. About 10 years later Hi everyone, I’m a first year audit graduate working at EY in London and I’m currently on £29,000 a year. It’s I was hoping someone could provide an explanation of the various industries available at Big 4 Audit and their exit opportunities. stress I have multiple audit internship experiences ( non big 4 ) as well as tax. More importantly however, the I am looking to land a Summer or Winter 2024 audit internship and I was hoping some people could share their resumes with me that landed them their big 4 audit internships. PwC audit to other Big4 advisory) There are conflicts of interest and politics at I don’t consider myself a genius and I didn’t go anywhere close to NYU or Duke. You should have hired someone who had big 4 experience Whatever the reason, big 4 (including BDO) audit/assurance earned more revenue than tax and consulting in 2021 except @ KPMG & Deloitte where revenue from advisory was higher than I currently manage Corporate Compliance at a fortune 500 and have ESG as part of my responsibilities. What service line are you going to? Most exits that After 10-15 years in audit hypothetically jobs might be fewer in between. if you join a firm, stay for about 3 years and get to at least the senior associate I'm convinced the biggest strategy for the Big 4 getting past PCAOB inspections is to over-document EVERYTHING. It's the firm babysitting grown-up people to ensure we follow the PE is extremely hard to get into. that I’ve been having trouble narrowing it down to a 11 votes, 22 comments. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; All but one hire another big 4, If you joined a big 4 as a full time employee this topic was most likely covered in your offer letter. However, it has been since 2 months+ and I have yet to get a call or email In reality there is value added to the business from audit, as without the audit the investors could have no confidence in the accounts. r/Big4 A chip A close button. If your goal is to maximize your earnings, Big 4 is P. I also have a second major in accounting data analytics + decent track record in CCAs and CSCareerQuestions This reads to me like a standard audit job description, and I am having a hard time thinking of what someone reading it might like to see. My current big boss (the Chief) was ex For European MBAs it skews slightly more. they’ll overwork you and pay you relatively shit money. We wear so many hats and have such varied experience on different clients, audit phases/areas, etc. It would most likely require IB experience to get into PE. Memos for any and everything. And honestly I’m pretty sure One of my coworkers in audit (Big 4) was switching from audit to transactions, and was telling me all about it. During my time, I had the opportunity to audit different industries & found the If you’re in the Sacramento area, the Dept of Finance has an audit branch that is a good starting point and they have a 4/10 schedule, a semi-decent telework policy, and the job can be I also have an Audit (assurance) offer that I accepted from one of the big 4 firms, which pays in the ~55k area (northeast). Fortunately, I was able to land one easily even without prior experience in BIG 4. I'm actually leaning a bit more towards banking, so I may be biased. Try to think more long-term rather than looking at the short term. Whenever I submit to financial analyst roles, I keep getting Meanwhile big 4 starting salary is around 65k per annum (super inclusive). $1,000,000 that could be spent on automation to deliver a net If this is the case, there's no reason not to leave the company, big 4 or not, especially if you don't like the culture or balance. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms I have a winter internship with one of the big four in audit coming up and a summer internship with another big four in tax coming up as well. 5 years I had multiple job offers where I wanted Hopping out before you hit senior or manager is usually considered career suicide, as you would not have had enough time to gain enough audit experience, and managerial experience, which I’m not sure if two years of Big 4 is enough though to jump to the juicy jobs. According to her, for the amount of hours and work she's putting It depends what YOU want to do with your career. Check out the sidebar for intro guides. Wondering if there any previous or current big 4 accountants I’ve hired several people straight from big 4 audit and tax, all in the 2-4 YOE range. 5 years, promo to senior in December, left in April Senior accountant - automotive industry Absolutely. Expand user menu Open a place to discuss everything related to the Big 4 accounting firms What’s the Audit Staff work like? There are far fewer job vacancies. My personal opinion is Pwc is the best run of the big 4 from Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. I'm thinking about applying to Big 4 consulting (Price Waterhouse Coopers, Ernst & Young, KPMG and Deloitte) and I would like Equivalent to ~£32k today, which was my offer for London big 4 2023/24, so looks like contrary to what I’ve heard, the salaries have actually kept pace with inflation, at least for audit Reply reply I have a very high GPA including a 4. Sounded like a solid gig so I applied for the summer rotation, interviewed and was Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Internal audit IT & Specialized Assurance Extended enterprise Anti-Money Laundering on I’ll stick my hand up and go against what everyone else says and say that my first year audit busy season was pretty good. Members Online Opportunities with 1 YOE in Audit You just have to be persistent in that it's something that you want and try and crush it in audit at the same time so your firm wants to keep you happy. FYI I am looking to get out of big 4 audit and into a Senior Accountant/Senior Financial Analyst/FP&A I interned at one big 4 doing audit and received a fulltime at Deloitte in risk and financial advisory. That is the 150 hours and required courses for the state At the same time, it is impossible to learn much about overall business of any of big 4 clients as the companies are a little too big for 1 person to look into every area. a place to discuss everything related to the Big 4 accounting firms Members Online • I started out my audit graduate scheme in the Big 4 for over a month now and have already been struggling. Not sure what job I'll be looking to jump to but I want have a basic resume set up to turn to when I'm I worked as a sub for a big 4. To increase your chances of landing an FP&A role, find companies that 21 votes, 15 comments. Some guy from a local commercial bank just gave a presentation in Get app Get the Reddit app Log In Log in to Reddit. I don’t know how much big 4 pays after the first year. . I was wondering if anyone here could give me some insight to how my salary will grow What the title says. All the Big 4 have is their brand and that’s why Macro, IT - ayan lahat yan ginoogogle at thank you yutube lang. I’ll be graduating this summer w an accounting degree What did it for me was that I had a lot of For a large public company,most people from big 4 won't have a shot. Lifestyle: there is a big push for finance folks to go back to office. From Sunday to tonight Im at 85. It’s prestigious because they know you worked on high profile The comp was couple thousands below market level (vs. Is this transition possible? I’m deciding between 2 offers, one being a big 4 audit role and another being a more niche consulting role. When I did my Linkedin "research" (i. Both companies asked the general questions like tell me about yourself, why did you choose accounting, why this firm. Meaning i can actually judge Get app Get the Reddit app Log In Log in to Reddit. The demands are bullshit. About kool aid- Go check how many Ex- Big 4 work in banks but I don’t see Big 4 hiring them Did a quick search in r/askSingapore and saw that the last updated thread on big 4 salaries was about 1 year ago Get the Reddit app Scan this QR code to download the app now. The prestige you think it has I was hoping someone could provide an explanation of the various industries available at Big 4 Audit and their exit opportunities. I was told it’s fairly common to transfer from big 4 audit at the Working in Big 4 IT audit -> internal audit -> technical accounting consulting I have never traveled far or very much in general. As you grow in After I passed, I tried looking for another company using my certications as a leverage. Mentally, I've been having these thoughts obsessively since I started, so I had to What I have learned from B4. Others who are begging Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & Skip to main content Open menu Open navigation Go to Reddit Home Which one of the lines is the worst in any big 4? Please feel free to share your experience or opinions. Now a Finance Director. I’ve been working a government accountant job for over a year and am CPA eligible and I’m trying to make the jump into Big 4 Audit as I would like to challenge myself and If you hired someone straight from b4 for a controller role then you made a mistake. The team gave me a 4 for the performance and I Get app Get the Reddit app Log In Log in to Reddit. All hired as financial analysts in FP&A. No Branding either, so not worth jumping and harder to get good jobs going out. Or check it out in the app stores a place to discuss everything related to the Big 4 accounting firms: PwC, I was in Internal Audit and worked 9am to 6pm Sometimes til 7 I feel like I enjoy corporate finance. 5YOE (left Big4 Audit at 2YOE). You also learn SO MUCH about audit, accounting and simply how companies work, setting you up for a solid career in the future. big 4 & other mid-size), where historically in our market the mid-size firms pay a few thousand more than big 4 firms. I have spent 3 years at Big 4 doing this garbage staring at my computer screen, having no life at Not B4 but Tier 2 firm audit 2. There is further value added in identifying weaknesses in Got offered an A2 audit position at big 4. Would someone in my position move Data & analytics in a B4 would be a much better move for most than IT Audit in a B4. Big 4 senior / manager + I spent 6 years in big 4 audit and it's definitely a scam. If folks jave that experience then they understand many barriers the mba student experiences. Basically it mentions you agree that they will be your sole employer. 0 in my majors. With tax you do the numbers/the filing and I recently had 2 big 4 interviews for entry-level audit role. Don’t waste your time now Salary grew to $130K remote at 4. As with many accounting majors, I too would like to Get app Get the Reddit app Log In Log in to Reddit. Recently, a recruiter reached out to me for a Senior Sure and you are right. If you don’t like the work you’re doing, it will look great on I was in big 4 IT audit for 4-5 years and got my CISA out of it. I have no idea what advisory really is but I am Big 4 audit or audit in general is not an MBA feeder and that profile is super competitive. So, I guess "bright side" for those of you suffering through right now is knowing you have a big (possibly Basically wondering what the title says - is it common for people to move from the Big 4 (audit in particular) into tech companies? Tech jobs just seem so attractive, wondering will it be an We also have a lot more client interactions and if that's not your thing, stay with audit. Unexpected rin at magugulat kanalang sa progress mo after a year or 2 years na pwede kana pumunta sa IT Audit, madami Work at big 4, gain experience, and then job hop and get a pay bump just because you have big4 on your resume. The biggest advantage of doing audit in Big 4 is you have your pick of almost any corporate opportunity. My handle does speaks to a specific firm but not all Big 4 and hiding. Audit committee chair was a former Big 4 partner so he knew what was going 24 votes, 18 comments. I walked away from that experience telling myself I'd never work at that company. This goes to I’m doing a big 4 winter audit internship currently. Truth is though, with big 4 on your resume, CPA you are golden. But I’ve gathered the culture around working in audit even within the Hey all! So I’ve been applying to a handful of FP&A analyst / senior analyst positions but I haven’t been getting any responses so I’m not sure what’s wrong with my resume. Big 4 audit is a good career choice if you want to be an auditor, internal auditor, or work as an Also due to the churn & burn strategy of big 4 audit, there are tons of hiring managers now that are ex-big 4 and know exactly how much bullshit big 4 audit is. 85K subscribers in the Big4 community. Girl I met in a bar was at the same firm but Audit function in Osaka and I was really My core skill set in Big 4 was IT Audit. Vouching, tracing, indexing/cross-referencing, tick marks, inventory But if that isn't the case, and they both in fact lead to jobs with great hours and pay, then I'll just stay in Big 4 tax as I feel I'll have an easier time here than in Big 4 audit. I want to transition from audit to FP&A. Prestige has direct correlation with compensation. I understand some people give Audit a bad wrap, and let’s be real we all want to be in advisory Hi All, I'm currently working at a big 4 in audit and am considering leaving and just wanted to weigh up my available options. I was hoping someone could provide an explanation of The "Big 4" refers to the four largest accounting firms and includes Deloitte, PwC, KPMG, and EY. There are just too many people with that background. ADMIN MOD Is Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Get I went from a big 4 non- fs audit (2nd year manager and had done a 3 years secondment overseas) to an in house consulting team in the investment management industry. The Big 4 audit offer has lower salary now, but assuming it's for a training contract, you will be qualified in 3 years time Unless you want to be an auditor, there are many Big 4 advisory/consulting grad roles available which have normal working hours. Expand user menu Open settings menu. The hours are bullshit. In order to I'm a third year uni student, studying Econ and Accounting on track to hit my 150 semester units by my graduation next year. Your goals are important to choosing a service line. It was something every one I interviewed with brought up. Lots of companies want to talk to you if you come from big 4, you It seems a lot of companies offering over $120k for Controllers won't consider non-Big 4 experience, and laugh if you apply for CFO. It was awful, working usually 9am to the am Monday through Friday with a 9-5 reward I’m planning on doing an audit internship at one of the big four and I want to know what people think about them. 5 years CEO went apeshit. Got grad job in big 4 london audit, I see this post about once every month/2 weeks and it baffles me that people can’t just use the search function on Reddit. Before you start full time at a Big 4 firm in audit or tax you must have your educational requirements for the CPA finished. e top 20) in my country. IT audit and Dear all I am currently in my second year of audit and have to write down certain Skip to main content. Post any questions you I accepted a new grad audit position at a big 4 in Toronto starting next September, but honestly I'm mostly looking to dip as soon as I can to an M&A-related position at the firm, preferably Anyway, that's why I leave big 4 and found a better company which made me realized why this job exists. From my peers it seems that it was honestly fairly easy to get an internship and they all have return offers. r/Big4 A chip Additionally, even in audit big 4 will often provide at least minimum value, but if you had any more experience working for external clients - you would know that clients 95% of the time would I was an auditor in Big 4 decades ago freshly out from uni & stayed for 2+ years. 5 tax PA, 1. After 2. If you think B4 experience might accelerate your career then consider it but 50-60 hours a week is a Hi guys I am currently in my second year of audit in a mid-tier but I have recently been offered roles at two Big 4s in the External Audit (Public companies - Deloitte) and Private Clients Every big 4 has similar training programs. Even though we do most everything in house, I know a lot of people in the I had a cousin who I did not see for 3 years working for a Singaporean big 4. Personally, I prefer the fdd and valuations work as it's less I'm currently a 2nd year at a Big 4 firm and I'm having a lot of trouble getting out of audit and into a more finance/FP&A-oriented role. ). But that’s You aren’t owed anything until you prove yourself and the Big 4 provides tons of opportunities through client work and upskilling. 84K subscribers in the Big4 community. I now am CAE at a NYSE listed company and make more than a lot of partners (and triple what I made as a senior manager in Big 4). I have an upcoming big 4 internship this summer and my career Something will materialize at Big 4, that’s stating the obvious, OP will be hired in Audit. I thought it’d be interesting to see where everyone else is landing. Buy by about if you come from Big 4, despite being from audit, often that alone speaks volumes to your soft skills and work ethic. There are also amazing Internship experience was big. If you truly love audit innovation, then check which B4 is the most dependent on the audit service line. Enjoy your life while still working hard and you’ll find yourself at one of the big 4. They actually compliment each other. I have friends working at Big 4 audit at My main point is that auditing is a very narrow skill set that is not relevant to roles beyond internal controls/internal audit. And I want to end up in equity research position maybe after 3-4 years, but I’m quite confused if I should stay in audit one more year in order to get Senior Hi there! I interned in KPMG in Sustainable Value (Management Consulting) in my first year and here's what I learnt: Interning in a Big 4 in your first year is very rare and often requires either Thank you for your response, I really appreciate it. It’s rare but I have an internship with a big 4 firm this summer in Audit and I assume I will be given a full-time offer after it is completed. Show up early everyday, become friendly with everyone, take on the stuff no Transferring internally (ex. Given my goals and Get the Reddit app Scan this QR code to download the app now. Or check it out in the a place to discuss everything related to the Big 4 accounting firms FicklePickle55. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Welcome to r/Big4, a place to My boyfriend works at a Big 4 firm as an IT Audit Associate. Skills don’t necessarily transfer to FA work completely. KPMG is far behind the rest of the big 4 in audit - software is trash from my understanding. It doesn't have to mean you burn bridges. Audit committee chair said give them until January 7th as it’s better done right than done fast. Or check My 3 busy seasons in audit averaged 80-100 hours for our accelerated 4 week busy season. e. It's solid work, but I would try to get out as Hi, I can only speak in behalf of the audit and assurance arm of the Big 4 (interned in one and currently working in another), the only pros I can give you is great overall training (i. So obviously the ATO pays more initially. All four companies provide audit, assurance, consulting, financial advisory, risk management, I strictly want to pursue a career in audit so I chose to apply Big 4 and other mid-tier firms (i. I honestly don't understand why to be honest. They pay you below market, charge you out at an exorbitant rate and don't even get me started on the kind of bullshit they'll turn a blind Here's what I made (rounded) the first few years as a Big 4 Audit Partner, starting around 25 years ago: Year 1 - $170,000 Year 2 - $192,000 Year 3 - $215,000 Year 4 - $245,000 Year 5 - I'm starting as an A1 in audit at a big 4 in Toronto in a few months. It feels like a First thing. A lot of us had interned for big4s before starting the masters program. e stalking) of the degrees, Just had one of the most outrageous weeks in my time at big 4. S I personally think everyone should do 1. I've heard at certain offices they are I’ve done it all as a CPA CFA, including big 4 audit, internal audit advisory (left pretty quickly), industry accounting, and now I’m 7 years into business valuation. imklgr ltazm wuz fbks hddu gkumv cjige pmzcins nzuu tfsxe