looking for advice around getting into public accounting after spending 10 years in industry. I worked my way from a staff accountant to now being a manager in a large public company. I am starting to get a bit bored and have been considering giving public a shot. I’m wondering what level they would most likely hire me at, and the salary range (Midwest region). I have my CPA and an MBA. Any tips/advice is much appreciated! Thanks!

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The grass really isn’t greener unless you work in a toxic environment right now.

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I can’t say that I’ve ever heard this scenario. Usually people are leaving public to go to industry.

Do you have any public accounting experience? If not, I would find it hard to believe you could come in as a manager. You would likely be asked to take a senior position.

If you’re that bored and depending on your skill set, you might consider starting a side business doing bookkeeping, payroll, tax, or advisory.

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I wouldn’t be too surprised. Not going to out my firm, but I’ve seen direct admit partners come from industry at both B4 and a top 10 firm that had no public experience. I have also not seen these people survive in PA. But firms are willing to take a chance and at least have someone until they get a better candidate.

Not a recruiter but a hiring manager (in Audit):

Youre likely a senior associate at best. As an auditor, maybe even less than that. There are so many standards and tasks and deliverables and firm processes that you just have no clue even exist if youre just in private accounting as a manager. It'd probably be your first time doing a risk matrix, calculating materiality, running a sample, setting up testing attributes, writing a finding. You might only be a high performing staff just because of all that. You'd surely have better understanding of accounting transactions than a staff but you probably couldn't run or supervise any audit task.

So with a trusted recommendation, maybe I take you on as a senior hoping you pick it up super fast. But youre probably more hindrance than help for the first year.

You might be able to get an advisory gig easier depending on your industry and how big your current company really is.

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I went from industry to public with over 10 years experience. Was hired as M1, but was told that most people don’t make it. Hardest transition was accounting for every 15 minutes of my day, and remembering to submit my timesheets. Public work was more challenging and interesting, and I don’t think I’ll go back to industry, although definitely miss the industry hours some days.

I did this. I went from public to industry and back. When I went back to public I had been out of income tax for 5 years so I went back as a senior associate. It was a good move for me as corp tax was toxic and other departments bored me. I networked and talked about my relevant work. I did take a very significant pay cut. It was worth it to me to do work I liked.

I would explore the advisory groups versus audit. We hire out of industry frequently because it fits in well with our projects.

Client Accounting Services might be a good fit for you! I spent a few years in public then went to private companies but I also got bored in the day to day and doing the same thing every month. I love my current role - it’s stable with monthly clients but there is also a lot more variety as well as the opportunity to work as a consultant and help with different projects. Might be something to look into!

Look at consulting in public accounting- I think that is where you would fit in the best.

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