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In the words of Shaq...

"Just because your certified , doesn't mean your qualified"


Mindalin said…
This comment has been removed by the author.
Mindalin said…
I just want to say you have the best, most informative blog on auditing for someone in my position I have been able to find. I am currently a rising junior preparing to apply to the Big 4 summer internships and getting a feel for what I want to do in the future. Reading your blog has provided me a very realistic portrayal of the audit workplace, scabs and all, plus its funny! Your work is greatly appreciated.
Anonymous said…
Hey, I'm almost done with my first year at a big 4 firm, and started reading this blog at the very beginning, you've got plenty of funny perspectives and observations, very cool.

Wanted to ask yours or somebody's thoughts on my situation: i love how the big 4 (or at least mine) does not drug test, because I'm an avid pothead in my free time, and was a daily toker during all of my studying for the CPA (first time pass, 95, 93, 87, and 78 on FARE, AUD, REG, and BEC, respectively). even though the work is exhausting with the long hours, i keep on telling myself that i'm going to stay until they ask for my peepee, because this is a unique opportunity to work for a good company and also get to really enjoy myself in my (sometimes limited) downtime. What do you (and your readers) think?
Krupo said…
I'm not sure what anon's question is, but the statement is hilarious. :)
lee woo said…
I am determined to be cheerful and happy in whatever situation I may find myself. For I have learned that the greater part of our
misery or unhappiness is determined not by our circumstance but by our disposition. See the link below for more info.

Leslie Lim said…
I read your blog.I thought it was great.. Hope you have a great day. God bless.


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career progression

"What can you tell me about the different possible tracks a person would take at the Big 4 in regards to tax vs. audit? Is there a difference in career progression among the two specialties? How about career potential? Workload?"

Loaded question. In terms of career potential, they're both pretty potent. Audit leads you to controller/accounting manager/ VP - accounting positions at companies if you choose to quit. Tax can lead to tax manager positions at various companies/ help them minimize taxes and exploit tax loopholes. It's a pretty important position in many companies...I'm not an expert on tax careers though, so you might want to ask somebody in a tax related position.
In terms of career progression, it's the same as audit...start off as a staff associate...move to senior..manager..snr mgr..partner.
In terms of workload, my friends in the tax department seem to work two busy the fall and in the spring. So I think they work more than i…


As a big four employee, lately, I've been hearing a lot about "boomerang" employees. Those who, for some reason or another, decide that leaving work when the sun is still out is not for them and alas, return back to the firm. Yes, the grass is not always greener on the other side, however, is this trending upward or about the same as it always has been? I think, also, that the firms really do a good job in highlighting those that do choose to return to make it appear more common than reality. Can you please speak about how you've seen the trend of "boomerangs" amongst the big 4? 

Good question. A boomerang, as the commenter pointed, is one who quits a big 4 Firm and then decides to return (or boomerang) back to the Firm after getting a taste of work life in the non-public accounting world.
I have seen a few return this past summer, but didn't really notice a trend until you mentioned it. It's definitely been higher than past years, but not enough to s…

auditing vs consulting

I was wondering if you could break down the career opportunities in auditing and consulting (in a big 4). I know that consulting pays more in a big 4 and has more interesting work, but it seems that auditing has extremely good exit opportunities (Financial controller, CFO etc). Any thoughts on which is better in the long run?

Well there's different consulting services offered by public accounting companies - the most popular being IT consulting and risk consulting. There are also other consulting services offered, but these two hire the most. Do they pay more? Yes, but not by much. Not enough for you to say: Shoot, the $$ is a huge reason for me to move over. Is the work more interesting than audit? Yes. You're actually looking over a company's processes and telling them what to do instead of what not to do (audit). Everyone I know who's made the switch likes it waay better than audit.
In the long run though, choosing audit vs consulting really depends on what you want t…