{ "media_type": "text", "post_content": "Is there really much difference between any of the big 4 or even top 10 or so firms? Been at PwC for 3.5 years and considering moving on, no idea what but is there any point transferring Cross firms?", "post_id": "5a9ce023931ca60018add323", "reply_count": 8, "vote_count": 2, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

Is there really much difference between any of the big 4 or even top 10 or so firms? Been at PwC for 3.5 years and considering moving on, no idea what but is there any point transferring Cross firms?

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Same shit. Different logo

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Short answer is yes and yes. I'll let someone else take it from here.

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I work on a lot portfolio companies of a PE fund. Once the PE fund gets an investment, they require a big 4 to do the audit and tax work. It’s shocking to see how bad workpapers were from old mid tier firms (Grant, Crowe, etc.) that Deloitte wouldn’t pass on. I had one client miss out on $15 million of deductions that was past the amended date and this portfolio company was worth $70 million so the old owner was psst at the mid tier firm

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Used to work at KPMG, now at a top 20 firm. D1 mentions quality issues. I’ve had the opposite experience, where we had significant prior period adjustments on 2 clients, one KPMG and one Deloitte. As for quality of life, big difference. The hours are long but not as long. The stress level and competition isn’t as high.

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Deloitte1 lives in a glass house apparently. Looking at the PCAOB inspection reports from recent years will tell you all you need to know as far as quality. GT has smaller clients than Big 4 but audit quality is high and internal technical resources are readily available and knowledgeable. Regional firms drastically differ as far as audit quality and would have even smaller clients, some who work primarily on government work, etc.

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We are like top 40 (does that even count?? LOL). However in my team's niche we are very good. It's shocking sometimes the TRWPs we get from Big4 predecessors. They are horrible. Long story short there are bad teams everywhere, and sometimes the $$ paid to BIG4 firms is unwarranted and wasteful to the client.

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No big difference across the big 4. A notable difference among the next tier: rsm, gt, BDO. Anything below that, huge differences.

Sm1. Not surprised. The fact that a top 20 firm won the audit, it was likely a tiny audit by big 4 standards... therefore, staffed with the d team (ie purgatory for those who will soon be fired)

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