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Subject Topic: Is Big 4 really worth it? (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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CPAninja
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Posted: 20 Sep 2009 at 04:28 | IP Logged  

flower#1 wrote:
JDMilan wrote:

Well, when in your first year you can kind of tell who is going to be there another year.  When I worked in PA I could always tell for some reason (gut feeling) when someone was going to be asked to pursue other opportunities.  I actually had a first year that was all excited about his first job out of school.  Needless to say I actually enjoyed working with him a lot, I taught him a fair amount but he was on my engagements roughly 1/4 of the time but from the actual time that he was he always praised me on how I manage the client relationship so well and that I give him the guidance needed, etc.  But, for some reason I could just tell that they were going to cut him as I realized that he required additional time from a senior's position.  He was actually going to purchase a new car during busy season and I told him to just wait it out and that when I first started I bought me a new BMW but wished I just kept my old car given how you just wear the car down during auditing for the amount of travel you do, so he pushed off the purchase and two months later he was let go.  He had personality conflicts with most of the other seniors and managers but with me he got along and of course I would hear what others always talked about.  So I wouldnt' just classify one mistake as being a mark on your record its just after being in PA for a little while you can just tell who they want to stick around, who they abuse (people with H1's) and people who they want out. 

 

Once again, I always say that majority of people 99% leave PA, so get the best name on your resume for the first 5 years and leave for a better paying job with less hours.  View PA as an extension of Grad School, pay your dues for a couple years and leave <quote from a CFO on one of my first engagements> :)

interesting point. How is it like to work for Big 4 for H1s? Is the anybody here who is working for Big 4 and planning to apply for H1 B or got their H1 B visa through them? just wanted hear little bit more about it. thanks


At a Big 4 in the SF Bay Area, they are no longer processing green cards - at least that's what I've been told by my immigrant friends. So its pretty much golden cuffs from now on :(
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Wishful Thinkin
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Posted: 28 Sep 2009 at 20:20 | IP Logged  

I don't think big 4 is worth it, however I've never worked for big 4. I work for a national mid-size firm and I love it. I would never trade it, though I wouldn't want to work for a small firm. I live in the 2nd biggest city in my state and my office is the biggest firm in my city, we're like a step down from big 4, lol, still big, but not big 4

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FAR 83 (10/1/2008)
AUD 79 (1/2/2009)
REG 77 (2/26/2009)
BEC 73 (7/2/2009), 86 (11/25/2009) :-(

so close to 4/4
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klumb
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Posted: 05 Oct 2009 at 22:43 | IP Logged  

If you want more exposure to larger clients, then yes.  There's more opportunity later down the road after big 4.  From what i'm told...clients hire their auditors by luring them w/ double pay, bonus, less hours. Not sure how often that happens though. 

Not many, but some stay to become partners.  I think chances are slim... in any case, you'll get experience.  In any case, you'll get the experience hours and training.  Most cpa firms like that on resumes, but wouldn't be the deciding factor.

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Klumb: Big 4 Recruiting Blog
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flower#1
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Posted: 06 Oct 2009 at 04:30 | IP Logged  

klumb wrote:
If you want more exposure to larger clients, then yes.  There's more opportunity later down the road after big 4.  From what i'm told...clients hire their auditors by luring them w/ double pay, bonus, less hours. Not sure how often that happens though. 

Not many, but some stay to become partners.  I think chances are slim... in any case, you'll get experience.  In any case, you'll get the experience hours and training.  Most cpa firms like that on resumes, but wouldn't be the deciding factor.

thank you very much for the response.
I am graduating in May, 2010 with 150 credit hours and currently looking for an entry level accounting position. The problem I am running into is that Big 4 firms don't come to our campus for recruiting, and it seems like they only hire through campus recruiting events which makes impossible for me to even a get a chance to apply. When I searched their websites, all the openings are for experienced CPAs. Any suggestions about how to apply to Big 4 firms for someone who is soon graduating?

I greatly appreciate any useful information and suggestions

Thank you


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kf0030
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Posted: 06 Oct 2009 at 13:21 | IP Logged  

Isn't it illegal for a company to hire one of their external auditors?  I thought this was banned by SOX due to its prevelance at Enron with Arthur Anderson?
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