B4 partners - what are your views on EY's possible split? Obviously not asking for any confidential information you may have, but trying to see how other partners see this.
Does anyone know the salary band for Oracle ERP at the big 4 firms at Consultant level? Currently an analyst at a mid market consulting firm specializing in financials. Worked in Oracle sales for 8 months after graduation and have been at my current firm as an Oracle ERP consulting analyst for 6 months, looking to make the move when I have a year under my belt at my current firm. Associates (equivalent to Deloitte Consultant level) at my firm are base 95-100k with 10-15% annual bonus
Need advice: currently B4 2nd year tax senior with CPA license; planning to go to industry for a year or two to get solid ASC740 experience AND a MST, then come back to B4/global 6 as a manager. Doable ? Not Doable ? Any thoughts/suggestions?
is partner at a big-4 better than a equivalent role at accenture? is there a comparable role? in pay and prestige? as i understand there is no equity concept at accenture but may be pay wise they can meet big-4 partner packages?
I’ve decided to make my career in the government side of consulting. Been doing it 10 years. Seems hard to find jobs where I manage people unless at a big 4. Anyone else find this true?
Need help setting expectations for a B4 FDD Senior 1 HCOL (Particularly think the large Apple) TAS salary offer coming from B4 audit — external hire. Any recent moves / willing to share?
Do any JDs feel like they’re underpaid? If so, how do you justify staying in Big 4 instead of going to a law firm?
What’s the difference in MBB partner pay vs. B4?
My growth is really being stunted at my current firm, how do I switch big 4's as a senior. I don't have my cpa FYI
SM range in cyber at big 4?
What is a reasonable salary to ask for from a big 4 firm? I am interviewing with a couple and don’t want to ask too high or too low. I’m currently a senior associate at a large firm in Atlanta and the past week marked 5 years there (my first job).
Help me evaluate an industry offer for a B4 manager up for SM (got confirmation that I am thru the process). Current base is $171k .
$180k base, $35k sign-on bonus, full relocation, 35% bonus - 20% cash and 15% equity - 15% equity bonus is assured forever with 3 year vesting. Cash bonus fixed as long as rated average. Overall happy with offer but want to evaluate it against possible growth if I stay at B4.
Getting a competing offer from another big 4 but I don't necessarily want to switch. I expect to get +20% from competing firm. What's normal to ask from my firm? They have agreed that I'm underpaid
I need referral in any big 4 for marketing or any marketing role in good brand...if anyone has any leads or vacancy, plz do let me know!!
Im a big 4 as a Tech Risk Consultant. What steps can i take to pivot out? What are some roles to look out for and how can i make the switch? Any exit opportunities? For background, i have a tech degree
Hi all, I am hiring Core Assurance Managers at EY with experience in Statutory Audit, Fund Accounting, Hedge Funds, Private Equity in Bengaluru, KA.
Qualified CA or ACCA or CPA with 5 to 10 years of experience preferably from Big 4's or Investment Banks.
If this opportunity interests you, please do share your profile to Mohammed.Faizan.Mohammed.Altaf.Arbani@gds.ey.com
Anyone able to refer for a good company as for internal audit or risk advisory? Looking for Richmond, VA area or fully remote. Target base is $125k and above. I have my CPA and 6-7 years of experience (1.5 at big 4, 3 in mgmt consulting, 1.5 corporate)
How hard is it for a Staff II in audit to transition to Tech Risk Management at EY or the other big 4 for that matter? Or would it be easier to move to a mid sized firm for a position like that.
I want to move to product management role and need some help to move into that role. I'm software tester having 6.5 years of experience and completed general management executive program from IIM Calcutta.
Please help to find solution.
I'm working in Deloitte TMC on different Tax engines and have SAP Finance experience.
I have cleared CFA level 1 course as I'm interested in fund management. Is there any way I can use this knowledge to move to a different vertical in Deloitte and how are the on-site opportunities in Deloitte TMC.
What is your absolute favorite thing about Chicago and why? What makes you truly love living here?
Why do they wanna say it so bad?
Hi all, my joining in LTI is on October 1st
I am currently in my hometown in punjab
Can somebody help me if i need to go to Bangalore and collect my laptop on the day or joining or can it be shipped to my hometown.
Also since Noida/Delhi is closer to my location,can I go to ncr and collect laptop from there.
P.S. - Bangalore is my base location as per offer letter
I’m looking for someone to refer me for a project management position at Baker Tilly. Here’s the link to the position. Thank you! 😊
You guys, Mission Impawssible 🐾😂
(couldn't help but share)
Hi everyone, I recently found a Resume AI bot that helps with formulating your resume with AI. It is in preliminary stages, however, if you sign up with the link provided, you’ll be added to their waitlist! This seems like a very beneficial tool for breaking into your future careers.
How do search for non-audit roles that are within reach for someone with core audit experience? Everyone seems to go straight to another firm’s M&A as if that’s the only option.
I am seriously starting to lose my shit with this WFH. I did it for a long time and was ok when I was in an urban area. I could people watch and get my fill. I moved to a rural area and (cont)
Need referral for Dell Technologies for java, spring boot microservices profile. Can anyone help.
Seen a lot of chatter on this over the past week, but can someone with tangible experience explain their path after 2 years as an UMM+ associate?
I have bought two smartwatches & both come in the same invoice, will I be able to reimburse it under well being?
Tips on investment for a 24y single woman no kids, no man, no car
I have 27k sitting in my bank account. No loans (e.g. credit card debt, mortgage etc.)
How can I grow my money as it is losing value?
Am a risk averse person so no to stocks and mutual funds.
Am hoping to have a house when am 35 as that's the biggest expense in one's life
so, how many firm laptops' worth of billable time would you say you waste in a given month dealing with delays caused by your firm laptop?
Additional Posts in Partners in Accounting
Any firms that use CCH make sure your invoices are being checked carefully. We just reviewed ours and were over-billed the last 2 years. We were supposed to have discounts and the math wasn’t even correct across for the amount times the discount to the amount billed. The worst part is our rep then gave a bullshit story of how the list price was incorrect on the invoice but the amount billed was correct.
Expectation vs Reality: what did you think Partner was going to be like on your way there, and what would you say your experience is like now? What have you learned?
How is the current madness around Omicron affecting your firm? Are you implementing or changing policies to address it? Know this is a touchy subject, just taking a pulse.
Some news here for KPMG folks. Thoughts / impressions?
Carillion: KPMG hit with £1.3bn government lawsuit over audit https://www.bbc.co.uk/news/business-60243464
What's your best advice for someone who wants to make Partner and is early in their career?
Have you noticed inflation and the general chaos we're moving through affecting your business and firm? Just asking for different perspectives here, not a political discussion.
What are some key ways you balance stress and not taking it out on others/family? It's something I'm always working on but none of us are perfect. That said, I've made vast improvements. During the winter it's always harder as I feel many of my outlets are limited [like golf etc]
I started a firm with three other colleagues about a year and a half ago. We all came from the same bigger firm and now obviously we are considered a very small. We want to make our first hire and hire someone for around $100,000 as a manager to manage around $200,000 of work. They came back at $120,000. After taxes and benefits that’s $150k to manage and prepare $200k of work. Anyone own a smaller firm who can share opinion? How much work should one manage for that kind of salary?
I work a midsize regional firm and, no surprise, we are hemorrhaging staff. And it’s the good ones leaving. Some for family offices and industry positions, which I can understand. But others for smaller accounting firms as staff and seniors which just seems like a career killer to me. I’m convinced we need to do retention bonuses, raises, and recruit new talent by paying above market. Of course I’m a younger partner and don’t have the pull to actually make this happen. Thoughts?
Vaccine mandates over finally. Except for the unconstitutional hypocritical NYC mandate.
Where are all the accounting professionals going? Competitive pay and benefits aren’t enticing enough. People want work/life balance but how can firms provide that when the workforce supply is so low yet demand is at an all-time high. If technology is the answer are there firms that are successfully implementing solutions?
Will auditing eventually be conducted electronically using AI? What does the future hold?
What does everyone think about the EY news?
What are the partner buy in at the B4?
Does everyone have a vacation home EXCEPT me? Chime in — good investment/bad? How often used? Kids? Pets?
What is the comp model for partners at A&M
Does anyone know what the payout plan looks like for non-equity partners at EY in consulting/advisory if the split goes ahead? Please DM if not comfortable posting here.
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I find it interesting that we see this as a new thing. People forget where Accenture came from or where most of Cap Gemini came from?
I think the biggest impact will be the culture and DNA of the spun out consulting business. Going to a publicly held shareholder model from a partnership model is a huge shift. Profits are no longer just shared amongst Partners, but to a much broader base of owners. Behaviors could shift more towards long term accretive value (increase shareholder value) as opposed to near term profitability. However, the winners in that shift are shareholders and not necessarily staff or partners (and particularly not those on partner track now).
It does feel like a money grab by current partners at the expense of the earning potential of the future generation of leadership.
What I can say is that there are a lot of EY leaders and “near” leaders who are actively shopping a move to another firm. The change in RACI model, the change in incentive model, the change in culture and autonomy all add up to a much larger impact than just a simple reorganization of capital structure.
Being a tax partner who was at EY when we spun CG, consulting firms will not invest in the education and development needed to perform these types of transactions. For a tax pro the career path won’t exist and that will hinder the ability to deliver tax services across the spectrum.
Lots of reasons to look at it in todays environment . Executing it will be complex . Tax clearly most complex aspect. Differentiator for consulting; needed for assurance
Some chat circulating that the other B4 have larger pension liabilities in the US which make it harder/impossible to do a similar deal right now.
I want to see and learn from it. Don’t have a position at this point. I like where I am despite challenges, but we already lost first mover advantage (if that will be a thing), so at this point there is nothing else to do but be smarter and wiser.
As an assurance partner that works at EY, I have a bit of ambivalence. I can clearly understand the growth potential of separating the firms but there will be some practices within the firm that will have to be split up, and that will be difficult to manage through. In the current regulatory environment, both in the US but also abroad, the trend is to limit other services provided by "audit firms" so in many ways, it makes sense to go with the tide on the earlier side.