Looking to specialize in Rev Recognition as I don't want to be a generalist. Would EY FAAS/PwC CMAAS help with that goal? Just wanting to be an expert rather than knowing everything 1cm deep like CPA exam lol

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If you want to do this in FAAS you should join the TAAG sub-group. Individuals in this group pick 2-3 clusters to develop deep technical knowledge in.

Happy to connect if you’d like a referral.

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No, I’m in general FAAS. Specialization I’ve seen are SEC reporting, derivatives, and debt instruments. Not sure of all of them.

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I specialize in rev rec (among other areas) since I’ve been with the firm in CMAAS through the 606 implementation days. You can definitely build a speciality in CMAAS and that is part of the job of when growing and being promoted (i.e., you start to specialize in topical areas, industries, solution types, etc). However, being a specialist in one topic generally means you won’t be a partner. Something to consider based on your post OP. Happy to refer.

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Sorry. I missed that you worked for PwC.

I’ve been with CMAAS since college (never been in audit).

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I would be very surprised if either practice accommodates this.

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You’ll become an expert in cmaas but it won’t be in only rev rec. there’s just not enough work for that to be your only focus but our goal is to create experts. It could be part of your personal brand along with a few other things that increase as you get more senior.

FAAS comp is terrible though so probably wouldn’t be worth it there

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100% taag within faas. I know several folks that specialize in a few focus areas.

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Im in TAAG specializing in derivatives/financial instruments accounting as well as stock compensation and EPS. I know few folks who deeply specialize in Rev Rec, lease, SEC reporting, Income statement, etc. Agree with PwC that FAAS doesnt pay as well at this point compared to CMAAS, but if you want to specialize certain topics within technical accounting, TAAG is an amazing choice.

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