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What is your relationship with your parents like?
How do you define being successful in this job?
Can you be too much of a giver?
No doubt about it that a first year audit will be incredibly difficult and challenge you everyday. However, the payoff for your career could be huge. If it goes even moderately smoothly, praise will be heaped upon you and you will be fast tracked to manager. There usually is a lot of understanding from management about first year engagements, so very unlikely to hurt you in any way. It's about what you want - are you looking for a quick way to manager or just wanting to lay low and get paid?
Stay away from first year audits. Even with the perfect client, it's still incredibly difficult and time consuming. You do learn a lot, but you have to spend a lot of time giving staff instructions since there's no PY.
Working on a first year audit will be killer for your development (I've worked on 2) but I'm surprised they want to a 1st year senior be lead. I'm sure you're plenty capable but that's a lot of work for one senior (regardless of level) and you'll also be learning the ins and outs of senioring.
Which client has larger fees? First year audit can be great but if it's a small fee job nobody gonna give a fuck. Partners care about jobs that bring in the revenue.
Possibly for ratings, exit options don't give a fuck if you had a first year audit. It's not something that you'd even list. The larger company would probably hold more weight on a resume.
I'm very lucky that the manager on my job extended invitation for me to get on his team - as a senior 1 that doesn't know anything, really need some help deciding
Honestly I have been pretty underdeveloped since I was previously on a large public job where I was only responsible for 3 accounts all year around. So I'm more scared than excited and am not sure if i should back out because of that
Also would being on a first year engagement be a differentiator for ratings and exit options?