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Could anyone kindly tell me about the Investment Management and Private Equity Audit Group at Deloitte? 1. Work Life Balance (Is it worst than the ordinary Big 4 WLB?) 2. Is it an entirely different audit from commercial/retail audits (think account balances etc.) 3. Difficult to learn how to audit clients in this industry without prior experience in the industry?(been doing commercial audits for 3 years) 4. Are there relatively good exit opportunities for this audit group? Deloitte PwC EY
Just signed the outside employment form in KPMG onboarding system. I actually wanted to start dabbling in creative writing as a potentially monetizable hobby, but I'm guessing this may pose issues.
Definitely interested in the "exception from this policy may be requested if provision of non-professional services doesn't interfere with one's duties of causes conflict of interest" clause, though. Has anyone been able to get one of those before?
Anyone have any good audit jokes or one liners?
What do senior associates in Chicago make?
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I truely love my job. I am an audit partner at a top 30 firm. what i love is working together with my partners to grow the firm, hiring and training people and helping them grow their skills and career, and business development. What i dislike is reviewing audit files and dealing with HR issues.
The hours are a lot, but the hours are a lot in many demanding high paying careers. what's great about audit is that anyone can make partner, doesn't matter what school you go to, or your family network. It's really americanism where a kids from a blue collar family with no connections can move up from lower class to a solid upper middle class life. there aren't many true oppertunites for that any more.
I think it take many years to adapt to a particular lifestyle, which is dependent on the demanding work we do. Think of how different your lifestyle would be making half of what you make now. It’s a choice and the only right one is what works for you. As a partner, more of what I do is on auto pilot because I’ve done it so long so I find I can do thinks in a fraction of the time and have more free time.
I've been a big 4 partner for over 20 years, and am currently in the wind down part of my career. I started in public because it seemed like a good place to start a career and make some decent money after having put myself through school. Like the partner above said, it was a great way for a lower middle class kid to start making good money. My siblings and I were the first generation to even go to college - that includes all of my cousins as well.
I was kind of obsessed with making partner, as I knew I could provide for my family in ways that my parents couldn't have. So yeah, the money was the driver for years.
But a funny thing happened - I actually enjoyed the work. Long hours never scared me (I worked full time and went to school full time), and I knew they would pay off. I loved spending time with my teams and helping them learn (I have significant depth in one area), and helping my clients out of tough situations.
So yes, the money ... but also the satisfaction of helping my clients and building relationships with both my teammates and my clients. There are many worse ways to make a living, and if you're going to work hard, you might as well get rewarded. Good luck in your career!
Thank you! This makes a lot of sense and I'm glad you've been able to see the bright side in public accounting and it sounds like it worked really well in your favor. I think i used to aspire for partner back in the day but being a manager has honestly been tough and leading me to burnout. Might just be about figuring out how to deal with burnout.
So, every answer before “the money” is just discounted and not to be trusted? Seems like you’re coming into this with a bias already set.
Partners at a smaller firm don't make that much 😂so yeah partners stay because they do have a passion and truly love their job. A local CEO, CFO can make so much more than a partner at a non big 4 firms...so some of them definitely could have made more money leaving public accounting but chose to stay
The money
That's the only response so far that I've heard that seems honest.