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Accountants: Do you like your job?

Discussion in 'Business, Careers & Education' started by longskate88, Dec 25, 2008.

  1. ToruOkada

    ToruOkada Senior member

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    Sep 15, 2008
    Been studying for the FAR portion of the CPA and just wanted to say that leases and bonds unit has been kicking my ass allllll week [​IMG]
     
  2. Flambeur

    Flambeur Senior member

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    Mar 19, 2008

    If I were a business owner hiring an accountant, I'd rather see "Johnathan Doe & Associates CPAs" than PwC on a resume. It tells me this guy got his hands dirty and really put to use what he's learned. He's probably dealt with clients and if he's dressed well, then he's probably a slam dunk right off the bat.

    CLIFF NOTES: Big4 firms are great and they look good on your resume, but I think one can become a better accountant in a more individualized environment, and that will always be better for your career.


    You're kind of contradicting yourself, dude. In any case, if you're looking for employment with a company that has more than a handful of employees, Big4 might be a safer bet.

    Don't get me wrong, responsibility and small business experience can be valuable, but it gets complicated.
     
  3. Viktri

    Viktri Senior member

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    Jul 28, 2007
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    Vancouver, BC
    You're kind of contradicting yourself, dude. In any case, if you're looking for employment with a company that has more than a handful of employees, Big4 might be a safer bet.

    Don't get me wrong, responsibility and small business experience can be valuable, but it gets complicated.


    How is he contradicting himself?

    He said

    1) In general Big4 looks better on his resume
    2) If he were hiring, he would pick the guy who got his hands dirty at a smaller firm

    You are assuming that the Big4 looks better to him, which is false. It does look better on resume to non-accountants and some accountants (depending on your experience).
     
  4. rgoldstein

    rgoldstein Senior member

    Messages:
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    Jan 1, 2010
    Location:
    Palm Beach, Florida
    How is he contradicting himself?

    He said

    1) In general Big4 looks better on his resume
    2) If he were hiring, he would pick the guy who got his hands dirty at a smaller firm

    You are assuming that the Big4 looks better to him, which is false. It does look better on resume to non-accountants and some accountants (depending on your experience).


    Right, thats what I'm saying.

    The good news in general is that you have almost unlimited options when you have an accounting background. If you're smart about it, you can go from small firm to big firm and back again all day long. Its all in how you present yourself. The beauty of accounting is that the rules are the same pretty much everywhere in the U.S. One firm's methods will not differ dramatically (aside from office culture, the way certain things are handled etc) from another's.

    Good luck, in any case, to all the up and coming kids like myself in this thread. [​IMG]
     
  5. rocks

    rocks Senior member

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    State of Dystopia
    I transferred to GSU for Fall 2010 to complete my undergrad accounting degree. Have anyone here graduated from this school?
     
  6. imschatz

    imschatz Senior member

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    Never quite understood accountants. Always thought it was a dying industry.
     
  7. Usul

    Usul Senior member

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    Jun 3, 2010
    Never quite understood accountants. Always thought it was a dying industry.

    You are substantially correct, the position of "accountant" is generally de-skilled clerk position, when people in this thread refer to accountants they mean CPAs.

    Been studying for the FAR portion of the CPA and just wanted to say that leases and bonds unit has been kicking my ass allllll week [​IMG]

    n00b, leases and bonds are or chumps, pensions were popular on the simulations last year.
     
  8. Johnny_5

    Johnny_5 Senior member

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    In the woods
    I have been working in Transaction Services in big 4 for the summer and so far I love it. I'm working with very bright people doing very engaging work. Much more exciting and better paid than audit.
     
  9. Warren G.

    Warren G. Senior member

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    New Orleans, Louisiana
    I'm glad you having a great time. =D Keep us update
     
  10. Flambeur

    Flambeur Senior member

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    I have been working in Transaction Services in big 4 for the summer and so far I love it. I'm working with very bright people doing very engaging work. Much more exciting and better paid than audit.

    good to know you've made it, dude [​IMG]
     
  11. ZhiMingBuFanDe

    ZhiMingBuFanDe Senior member

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    Apr 17, 2010
    Location:
    San Francisco, CA
    Has anyone here ever made a transition from accounting at a Big4 company to i-banking? Any words of advice would be appreciated.

    Thanks.
     
  12. Johnny_5

    Johnny_5 Senior member

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    In the woods
    I'm glad you having a great time. =D Keep us update
    good to know you've made it, dude [​IMG]
    Thanks a lot guys. It's been a lot of fun so far. We were sent to a different city for training and when we got back to NY we were thrown right into the mix getting our hands dirty with a lot of work. I've worked on some HUGE deals with some very big clients and even saw some of my work go to the client. Obviously, I havent had an integral role in any engagement, but I'm still getting a lot of hands on work. I'm so glad I didnt get the position I applied for in audit. So far my only regret is not having more experience in MS Excel before starting my internship.
     
  13. Texasmade

    Texasmade Senior member

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    Houston, TX
    Has anyone here ever made a transition from accounting at a Big4 company to i-banking? Any words of advice would be appreciated.

    Thanks.


    One of my friends from high school did it. He spent 2 years in audit at EY then switched to a small consulting company then made it into JP Morgan Chase as an analyst. I'm sure it helped that he went to UT Austin and had really good grades.
     
  14. eddievddr10

    eddievddr10 Senior member

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    ding! ding! ding!
    My wife is currently finishing up her cpa tests (has 2 left, passed far and audit) any cpas have any advice on how to get into a big4 or midsized firm? also anyone who has any sort of connection or "pull" a pm would be much appreciated [​IMG]
     
  15. Johnny_5

    Johnny_5 Senior member

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    NETWORK. NETWORK. NETWORK. and NETWORK.

    I used to laugh at people when they would talk about "networking" thinking that only kiss-ass nerds worried about kind of stuff. Now I realize how important it is. Big 4 and other firms like to hire people who "fit." This means people that actually want to be there and someone who can work well with others whether you are on a project at 10am or 3am. How will a firm know you fit? Someone in your network refers you, and when that happens you are already ahead of the competition.
     
  16. Johnny_5

    Johnny_5 Senior member

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    In the woods
    Hey all,

    This is the last week of my Big 4 internship and figured that it would be helpful to share some of my experiences for those who are considering taking this route.


    The past two months have been an incredible learning experience. I had always believed that the whole "I cant believe they're letting me do this" was bullshit invented by recruiters who were trying to attract young talent. I have to say it is absolutely not BS. Throughout these past few weeks in the office I was able to work on huge projects with huge clients but unfortunately, due to confidentiality, I can't discuss their names. Although, a few of the tasks I was assigned were mundane at times, they were absolutely necessary and added value to the project. It was really rewarding to see some of the work I did go to the client and used by others to make decisions.

    In regards to the people. We were all assigned a mentor and mine was awesome. No matter how busy he was he always made time if I needed help with something, invited me out for drinks, and took me out to lunch on more than one occasion. I couldnt say more good things about him. Every single person who I was able to work with was extremely bright but also very helpful and always made themselves available to me. These people ranged from associates to partners! Everyone was so nice and down to Earth it actually took me by surprise. Towards the end of the internship I had to get engagement reviews from people I had worked with. Not only did these people reach out to my performance manager, but they took the time out of their day to pull me into an office and go over everything with me which was extremely helpful.

    Fast forward to today and I was extended an offer. I'm thrilled.

    I could type a lot more about my experience but had a couple of celebratory drinks and am tired of typing right now. If anyone has any questions feel free to PM me.
     
  17. enjoiii

    enjoiii Senior member

    Messages:
    254
    Joined:
    Apr 6, 2009
    Hey all,

    This is the last week of my Big 4 internship and figured that it would be helpful to share some of my experiences for those who are considering taking this route.


    The past two months have been an incredible learning experience. I had always believed that the whole "I cant believe they're letting me do this" was bullshit invented by recruiters who were trying to attract young talent. I have to say it is absolutely not BS. Throughout these past few weeks in the office I was able to work on huge projects with huge clients but unfortunately, due to confidentiality, I can't discuss their names. Although, a few of the tasks I was assigned were mundane at times, they were absolutely necessary and added value to the project. It was really rewarding to see some of the work I did go to the client and used by others to make decisions.

    In regards to the people. We were all assigned a mentor and mine was awesome. No matter how busy he was he always made time if I needed help with something, invited me out for drinks, and took me out to lunch on more than one occasion. I couldnt say more good things about him. Every single person who I was able to work with was extremely bright but also very helpful and always made themselves available to me. These people ranged from associates to partners! Everyone was so nice and down to Earth it actually took me by surprise. Towards the end of the internship I had to get engagement reviews from people I had worked with. Not only did these people reach out to my performance manager, but they took the time out of their day to pull me into an office and go over everything with me which was extremely helpful.

    Fast forward to today and I was extended an offer. I'm thrilled.

    I could type a lot more about my experience but had a couple of celebratory drinks and am tired of typing right now. If anyone has any questions feel free to PM me.


    Congratulations on getting an offer with the Big 4! I will be going through the recruit this fall.

    Also, from what I've heard, is that those internships are pretty lax and you should be expecting a big difference when you start full-time.
     
  18. Johnny_5

    Johnny_5 Senior member

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    In the woods
    We (the interns) did not exactly have a lax experience. Many of us worked A LOT of overtime and travelled to different states from projects. Last night I was in the office until midnight. I think what you have heard applies to audit more than advisory since summer time tends to slow down right after the audit busy season.
     
  19. enjoiii

    enjoiii Senior member

    Messages:
    254
    Joined:
    Apr 6, 2009
    We (the interns) did not exactly have a lax experience. Many of us worked A LOT of overtime and travelled to different states from projects. Last night I was in the office until midnight. I think what you have heard applies to audit more than advisory since summer time tends to slow down right after the audit busy season.

    Yeah, I assumed that you were in audit. What type of advisory were you doing?
     
  20. Clown Shoes

    Clown Shoes Member

    Messages:
    16
    Joined:
    Dec 27, 2008
    Location:
    NYC
    We (the interns) did not exactly have a lax experience. Many of us worked A LOT of overtime and travelled to different states from projects. Last night I was in the office until midnight. I think what you have heard applies to audit more than advisory since summer time tends to slow down right after the audit busy season.

    Congrats on the offer. Be a team player and keep your gripes to yourself. Also, don't drink the koolaid or be fooled by high priced meals, happy hours, free breakfast/lunch/dinner while at the client. Play the game while you're there, and be polite so that when you do want to leave, no one can say bad about you. When you feel its time to move, the transition to Federal Law enforcement is worth examining. It was the best move I made and I actually look forward to going to work most days. A take home car, pension, and other perks make it a little easier on the pocket and allow you some additional money to invest.
     

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