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I have lots of friends who work for the big 4 firms. I think the biggest worry is that most of the people doing the actual audit procedures are so inexperienced
by anonymous5133 8y ago
I have lots of friends who work for the big 4 firms. I think the biggest worry is that most of the people doing the actual audit procedures are so inexperienced and have no long-term goal of staying with the firm. When you talk to them they talk like they're at grad school - "I'm just going to stay here for three years to get my CPA and experience then I am going to the private sector".
If that is your mentality, are you really going to try to dig up a bunch of issues that will cause stress for you?
- 121789 8y agoI'm on the consulting side at a B4 and what you're saying is true from the experience of my friends working in audit. The manager level and above should be checking the work quality, but they also have to balance client relationship building (which will advance their careers) with reporting potentially negative results from analysis. Side note: for anyone looking for a miserable career, choose auditing at a B4. It's a rare combination of overworked and underpaid that has basically everyone racing for the door after a year or two.
- anonymous5133 8y agolol yup. Seems like they start racing for the door 6 months in then are forced to stick around for 2-3 years to get enough experience.
- StClaire 8y agoI've known a couple consultants at Accenture who started their careers in audit, but I don't know how common switching is
- cdeez 8y agoYou forget the multi level sales scheme that has everyone dreaming of becoming a partner and living the good life. Similar to a startup you are taking lower pay to build value-less equity in the hope you will get to the top and cash out.