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Yes, difficult, but yes. I finished my degree at 52. PA firms will not hire an individual at our age due to the plain and simple fact that we can not be molded into a robot that works 80 hrs a week for poor pay. We go straight to industry or smaller accounting firms for a fair shot
I haven’t seen an intern (I am in public accounting) but one of my associates was around his 50s. He joined the firm as A1. He spent hours way over the budgeted and we stopped staffing him on the engagement after one busy season.
Long story short, yes they can absolutely get a job but I would recommend not public accounting firms unless they are good in tech like excel, adobe, etc since public accounting has fast-paced environment and is sensitive on budgeted hours.
The biggest issue that I see with most non-traditional hires is that they want to understand the whole process and not just the part they are working on. In tax, we often times just want you to learn the tools the first 6 -12 months and do same as prior year. Non-traditional hires will want to understand the nuances of GILTI or complex partnership allocations.
The first year is the hardest for non-traditional. If they can stay up with their peers through that, than they will be good. What you are mentioning is what is expected after systems and processes are learned.
Maybe an accounting temp agency.
I’d consider just going into full time work if possible
EY 1
I had one in 50s, was clearly a smart guy but not efficient on engagements
I entered the field in my 40’s. I’ve heard of your age getting hired as intern and also FT entry level. If they can get a big 4 or top 7 PA internship that’s great. Your relative will probably want to slow down and work PT in about ten years. That means either an industry job or a small firm will be best for a first FT job after college.
For an internship, I don’t see why not. If I can deal with 18-year-old children, a full-grown adult would be a welcome change. The only issue I've seen with older employees entering the workforce is flexibility. The pace and hours are sometimes overwhelming, especially in public tax. You're on billable hours so be prepared to come in early and stay late if you want to make your budgets as an intern or new employee. As long as the work ethic is there...you'll be fine, just very tired.
Yes but there is a difference in employees who have been dealing with public tax for 25 years at age 50 and newer employees dealing with it for the first time. I see more burnout in older staff coming to public tax for the first time than their younger counterparts.
I’m working on my masters in accounting, finished an internship this summer and am starting as an A1 in January. I had to apply to a number of internships but finally got one and i guess they liked my work. Only 45 though but I’m sure it’s about the same for over 50s.
Totally. My hubs agreed in his 40s
Cpa firms need bodies come on down
I'm an accounting grad student. What places are hiring for entry level? I have 2 internships under my belt. It's been a blood bath getting entry level associate position.
Midlife career changer here. I started an accounting program at age 42, completed two internships while finishing the degree, and have been working full time for three years in a mid-size local firm. It Is absolutely possible to score an internship at an older age - both of the firms I interned with seemed to prefer it actually. I suspect there is no way Big4 would hire someone my age at intern/entry level, but frankly I don’t think I could keep up. Busy season is rough at my age with my health issues, and I almost never work over 60 hrs/wk. I went public because I wanted to learn as much as possible, but there will come a time when I try to move to government or industry.
In a word, no.
Then again, Robert Deniro got an internship.
I wouldn’t advise it.