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Hi,
Recently, I got an offer from Microsoft and the team is Dynamics 365 Globalization team. Could anyone let me know how is the work culture and tech stack in the team?
They are offering less as compared to my other offers. That is why i am trying to understand more about the work in teams?
Thanks Microsoft
Additional Posts in Partner One
But what if you *are* Partner 1?
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You’re asking two different questions.
B4 (or rather anyone doing audits of public companies) in the U.S. cannot be public, which pretty much leaves the partnership model in tact until someone gets rid of PCAOB. I’m not a regulatory expert but I don’t see that happening anytime soon, so longevity wise I think we will be around for a while.
Financially speaking, there are not very many jobs that consistently pay 7 figures. So yes, the carrot is worth waiting for. That said, becoming partner is getting harder and is more competitive, and it will continue to be like that until the market turns; it’s cyclical.
Marcum is now public by virtue of the acquisition by CBIZ, and PCAOB has already blessed a few other structures. There can be public companies doing audits.
Not necessarily a good idea and no B4 partner in their right mind would want to trade their current stress for the different stress of being a public company.
I don't expect B4 to ever change the model, at least for audit side. SEC would never allow people to buy shares of a company that issues audit opinions for the largest companies in the world. As a smart kid that grew up lower middle class, being a B4 partner was a great way to get into the 1%. That's not going to change.
There isn’t another model that generates as much wealth for as many people. It’s worked for 180 years. I’d give it a couple of hundred more.
Careful for confirmation bias in this group. I don’t disagree with any of the points made, especially since after this much investment this is probably your best viable option, but it would be good to speak with those who chose a different path as well, and their pros/cons.
If you’re asking about KPMG specifically, it would be good to get some current KPMG partners perspective. I’m at a different big4 and I can tell you that growth has slowed and there’s a big push to right-size the current number of partners overall (not just new admits). In prior years we definitely overreached on new admits and it’s taking some time to work them out of the system.
Outside of Big4, the partnership model is breaking. Scale matters, and despite efforts to create the Big5, it just hasn’t happened and may not ever happen. The amount of investments needed by these firms is enormous and we haven’t seen partners willing to fund such a risky undertaking. It’s a lot easier and cheaper to roll up smaller firms and strip out back office costs.
This is a good question