Does anyone think in a few years the structure of public accounting firms will change? It seems like the younger generation is not sucked into the “big 4 brand” and actually value work life balance that involves no busy season.

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Hard to avoid busy season when most large clients have a calendar year end

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thats the unfortunate part.

It will if you say so. It won’t if people say it’s not possible.
It wasn’t always like it is today. Busy season was there but existed in smaller windows. So there was actually space to recharge after peak periods of work.
We need to fundamentally change firm management. The billable hour has to go, for it penalizes innovation and efficiency. It kills the highest performers.
I’m hopeful now that people are waking up to how inhumane the working conditions are. People will need to do deep inner work to move out of the victim consciousness that allows others to define their value and tells them how it should be. Look in your heart to define your schedule and your value.

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Greed indeed. Scarcity mindset abound.

On another thread I made a comment that firms are flush with cash because of the money they made helping business navigate through the pandemic. A counterpoint
to my comment is that they aren’t flush with cash because they have to hire new people in. I get that but at the same time I deeply question it. It’s common practice to pay a headhunter $25,000 to bring in an experienced hire and the same leader will balk at investing $15,000 for professional coaching to retain their highest performers. 🤪

As usual, the firms are throwing big dollars at recruiting bonuses instead of throwing big dollars at retaining and refueling their existing talent. It’s sad and not surprising. 

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Yes. More and more work will be offloaded overseas where we can afford to hire more people.

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I wasn't around then but I'd imagine the older generation didn't buy into the notion of no wlb until they got the actual opportunity to"buy in".

Just remember, the business model has a lot of associate churn and dissatisfaction built into it. Once you get to higher levels the rewards start to make more sense.

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I agree with that EY 3. The path is longer today and, most often, unclear. It’s the hours that people work.
I really want to do a study that measures job satisfaction and hours. I imagine the data would be startling.

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It’s already changing, and will continue to change. 10 years ago leadership didn’t make a big deal about wellness and WLB, or make suggestions about no emails in certain timeframes. People worked hard while they were here, and then some people made a career here and others moved on, and that was fine. I think as the years go on, all the “talk” about wellness and WLB and quiet hours will become more of a “must do” than a “let’s talk about it and maybe we do it and maybe we don’t”. Will never be a 40 hour week job, and we will always follow client deadlines (often driven by SEC and IRS deadlines, or transaction deadlines). Technology, data analytics, automation do help get hours down— that should help over time too.

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No chance lol

Big 4 - no, Remember one US employee = the cost of 6 Indians so if US staff market dries up they will just continue to outsource more

Again, you are talking about the routine low margin work like tax return prep or provision ticking and tying. Those are not the main concern because as you mentioned, they can be outsourced anytime to anyone with a pulse. But for actual tax consulting work, the outsourced folks won’t cut it. You need to have someone with US degree/CPA and years of experience. What OP was saying is that the shortage at the lower levels will create a vacuum at those experienced levels down the road and PA, especially B4, need to figure it out sooner than later. Outsourcing is not an option for the high margin type of work (i.e consulting).

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Currently working in a Management Consulting role in Big 4 (not front office). Got an offer from Product Based company that is more of value consulting and business development role. and Its a new team catering to Partner ecosystem of the company. I am doing good in my current role.

Any insights or suggestions would be greatly appreciated

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Guys could you let me know how Incedo as an organization ?
Points to consider as well:
1. Getting a 30% hike
2. Is it worth leaving HSBC ? WLB is very good in HSBC
3. Designation is more or less same
4. Any other points to validate ?

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I don’t know how many people are in the European market who can help me but here we go. As someone who recently finished an internship at a Big 4 company in Germany, I realized that every strat role requires or strongly recommends a masters degree (as I have a cs undergrad). So here’s my situation: would it be better to do a masters in management at a top school in Europe, or accept an offer from EYP for a full time role. I don’t want my lack of masters degree to come up negatively in the future

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Anyone have any insight on the culture/Wlb at Union Square Advisors? It is a tech focused IB in SF. Looks like a great firm, but they seem a little lean in the VP and Associate positions now.

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Wife told me the other day, after a 70 hour week, that it's easier to think of herself as a single parent. That way she's less angry at my job or firm. I hate that she feels that way. 3 yrs & 4 mths.

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Just finished exams. Haven’t liked job for at least a year. Can’t tell if the exam played a key role. Anyone experience better worklife post exam? Not sure I can do another busy season.

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Q:

What will I be doing
Is CPA vital
What would the actual job position be called/what could i search to find job descript
Does this position travel
Starting salaries

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How easy is it to be hired in MCK / BCG as a principal, when you have been a top level Director at B4? Can someone refer?

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Hey everybody! I’m in the finale stage interview with Live Nation for a tech sourcing position. Have any of you worked with Live Nation? What are some things you liked/disliked? Any details on Market Comp, work-life balance, etc. Give me all the details 🙃🙌🏽

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Anyone in a Big 4 (maybe better at EY) ever done an alternative or a fund private investment? If so what are the rules/process to take to clear it if anything? Or just report it in independence?

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I've an offer of 42 fix and 2 joining bonus from @creative synergies group.

My skill set is Azure Data Engineer.
Does anyone know which company is better and which one should I join.

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YOE - 6+ years, Data Analyst/ BA Role

EY - 18 LPA
IBM - 20 LPA
Optum - 20 LPA
Which would be better in terms of good overall career growth, YoY appraisal and WLB?
Please suggest.

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Hi 🎣
I have 4-yoe
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likesmart

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I have a question for those who prep individual tax returns. My parents claim my grandfather as a dependent on their tax return and due to their low income, receive PTC for the premiums they pay on his insurance (not eligible for medicare). However, would it be advantageous to have him file for his own tax return (he stays with my parents and doesn't have his own proof of residency via bills). If so, can he get PTC if his income is 0?

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Heading into busy season like

Post Photo
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I started at a new firm this year in January. I had a billable goal that was given to me mid year of around 1750 house for the year. I am nowhere near that and definitely will not meet the goal. I had so many non billable hours I was forced to take when I first came in. I worked my ass off in busy season. At my previous firm I never fell short of hours as it was B4. This firm is mid sized and more focused on WLB. My question is how bad do you think this will affect my comp??

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