Can someone explain to me the differences of the PPEDD’s? Just started at EY and am confused

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Posting as :
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Partner - CPA, equity owner
Principal - non-CPA (usually attorney), equity owner
Executive Director - non-equity

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Wait there are practices other than tax?

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Principals are just non-CPA partners. Attorney reference is because Tax Manager is in the tax practice. This is definitely not true in Advisory where almost no one is an attorney.

The last D in PPEDD is for Director. This is a non-client serving role for the administrative functions like EYU, recruiting, etc.

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Think significant difference in comp between EDs and partner/principals, yet often little or no difference in responsibilities.

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Go ask your counselor

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Assuming the principals in Advisory have MBA’s, correct?

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OP, no, not always. MBA is definitely not a requirement.

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