Is accounting advisory work mainly doing outsourced month end close work? Started a new accounting advisory role and it seems like that’s the only work we do :(

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It can either be that (also called Managed Accounting or Co/Outsourced Accounting) or Technical Accounting (memos, accounting standards analysis, etc). Accounting Advisory is a little bit of a generic/vague term in my experience

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Do you think doing outsourced accounting work is a bad idea? People seem to look down on it, but wouldn’t you gain experience in different accounting roles without having to commit to one job for an extended period of time

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You’re doing industry work x 2 clients without the wlb and stress relief.

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What firm? I saw A&M and CFGIs AAS both seem to be this way

They’re struggling to win work and mostly do outsourced accounting

Can confirm CFGI has been this way lately

At EY it means transactions (m&a, divestitures, carve outs, IPO/SPAC filing), SEC reporting, technical accounting memos, finance optimization, and yes sometimes GL review/consolidation/financial statements draft. I know we started a managed service offering, but I haven’t heard of anyone doing purely bookkeeping or outsourced accounting work even under managed service model.

At GT it is more technical accounting (memos, analysis, etc) with some financial reporting

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