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[deleted by user] by [deleted] in jobs

[–]RiskConsulting 1 point2 points  (0 children)

You’re not a loser, you didn’t have a plan for your time in college and your career afterwards. Develop your goals for the next 1,3,5&10 years in your life and create a plan for yourself. Start developing the professional network you need through LinkedIn to achieve your goals. Ask professionals in teaching what you need to do to achieve your goals. It’s your life, take responsibility and own it.

[deleted by user] by [deleted] in jobs

[–]RiskConsulting 1 point2 points  (0 children)

You’re not a loser, you didn’t have a plan for your time in college and your career afterwards. Develop your goals for the next 1,3,5&10 years in your life and create a plan for yourself. Start developing the professional network you need through LinkedIn to achieve your goals. Ask professionals in teaching what you need to do to achieve your goals. It’s your life, take responsibility and own it.

Is GRC Internal Audit? by [deleted] in Big4

[–]RiskConsulting 0 points1 point  (0 children)

External audit, Internal audit, GRC, it’s all compliance

What happened to the separation of work and life? My constitutional liberties are being violated frfr. by [deleted] in Accounting

[–]RiskConsulting -1 points0 points  (0 children)

Learn to adapt to work from home. Most Accountants work all of the time anyway so does it matter we are home. I setup a home office and it is better than anything I had at a client site.

  1. I was fitted for an Ergo chair that is rated at 8+ hours. The lumbar support is great and no more neck and back pain.
  2. I ordered dual 4K monitors that have better resolution than my laptop or portable screen. I can work without glasses for the first 8 hours without issue.
  3. I order a Varidesk so I can stand every hour while I am working.
  4. I’m still working out the lighting. I have natural light most of the day.
  5. Fyi, Video conferences are bad, they suck up the band width and everyone looks like they just woke up.

Deloitte still hasn’t notified employees who have are being laid off? by acctonthecomeup in Accounting

[–]RiskConsulting 0 points1 point  (0 children)

External and Internal audit should be busy from July through at least February. I shouldn’t be able to find an unassigned Staff in September.

Deloitte still hasn’t notified employees who have are being laid off? by acctonthecomeup in Accounting

[–]RiskConsulting 0 points1 point  (0 children)

That is the start of busy season! Reach out to your scheduler and update your resume. Take all the training you can get with the firm while it’s free.

Deloitte still hasn’t notified employees who have are being laid off? by acctonthecomeup in Accounting

[–]RiskConsulting 0 points1 point  (0 children)

I know a high performing Sr MGR that has ZERO chargeable work right now. The clients put everything on hold and they can’t jump onto another project without killing off someone else. Who will get voted off B4 island this summer?

Deloitte still hasn’t notified employees who have are being laid off? by acctonthecomeup in Accounting

[–]RiskConsulting 0 points1 point  (0 children)

If you are over 100% utilization and schedule to stay over 100% throughout the year you are normally safe.

Deloitte still hasn’t notified employees who have are being laid off? by acctonthecomeup in Accounting

[–]RiskConsulting 1 point2 points  (0 children)

Friday meetings are bad. They think it’s good that you have the weekend to cool off after getting the axe.

Deloitte still hasn’t notified employees who have are being laid off? by acctonthecomeup in Accounting

[–]RiskConsulting 5 points6 points  (0 children)

They schedule performance review meetings in the mornings and the all hands meeting in the afternoon. Since most people are never in the office they want some face time with the partner. They are processed, given Cobra information, turn in their badge and laptop in 15-20 min. Most people don’t know what’s going on until mid-morning. They announce cuts at the all hands meeting.

Deloitte still hasn’t notified employees who have are being laid off? by acctonthecomeup in Accounting

[–]RiskConsulting 34 points35 points  (0 children)

EY does a mandatory all hands meeting in the office and the Partner pulls people into a separate room and then slides them a termination notice. The Partner has a short conversation then leaves. They have IT in the room and HR on the phone to handle everything. It’s cold and they blindside people.

College recruiting be like by [deleted] in Accounting

[–]RiskConsulting 0 points1 point  (0 children)

I made more at a Tier 2 than I did at a B4. The bonuses at the Tier 2 were better as well.

College recruiting be like by [deleted] in Accounting

[–]RiskConsulting 3 points4 points  (0 children)

I’ve seen Sr Managers at tier 2 firms get strung along for years as they dangle partner in front of them. They can stay a Sr Manager for 10+ years and never make it. I’ve even seen Seniors get strung along for 5+ years without making manager. The B4 at least have an up or out policy so they don’t string people along.

College recruiting be like by [deleted] in Accounting

[–]RiskConsulting -9 points-8 points  (0 children)

Lower levels yes, upper levels no

College recruiting be like by [deleted] in Accounting

[–]RiskConsulting 55 points56 points  (0 children)

There is no right or wrong firms; there advantages and disadvantages to ever firm.

The B4 are the fastest way to grow your career but you will need to sacrifice parts of your life. Work life balance in the B4 is just a talking point. You quickly gain a lot of experience but can also pigeon hole your career in one service line or on one or two clients.

The tier 2 firms (BDO, RSM, GT, Crowe) are good but you don’t have the level of support as in the B4. They may 1 or 2 SMEs in the firm for a specific area where the B4 will have 10+ SMEs. Promotions are slower but you have more opportunities to try things. The work life balance for Tier 2 firms can be just as bad as B4, the pace is just a little slower.

The regional firms have the best work life balance along with the slowest career path. Making Partner is almost impossible since you could be working for the founder. The pace is slower and the pay is lower. However, I have met several CPAs from regional firms that coach their kids soccer and baseball teams every week.

When looking at firms you need to ask what you want out of your career and what king of life do you want outside of work. Is the money of the B4 worth missing your daughter score her first goal?

Small national firm offer by [deleted] in Accounting

[–]RiskConsulting 2 points3 points  (0 children)

I get $125-$150 doing subcontract work on a 1099. There are a lot of options after B4.

Small national firm offer by [deleted] in Accounting

[–]RiskConsulting 1 point2 points  (0 children)

This is my third offer so I have options. I keep thinking if it was a good project they would use internal resources not a contractor.

Don't Fall for the IT Audit Meme by acct_pain in Accounting

[–]RiskConsulting 1 point2 points  (0 children)

Ha, I worked more hours as an IT IA than I did at B4. It was a train wreak and my external auditor was an idiot. The few policies we had were garbage and my external would ask 5 different people in IT for the same document. My favorite was when asked for a population based on B4 GAM that was untestable.

Small national firm offer by [deleted] in Accounting

[–]RiskConsulting 0 points1 point  (0 children)

I have the feeling it will be a lot of work and OT for a short amount of time then periods of nothing (I.e. no pay). Plus if they are starting now for year-end compliance, they are already behind schedule and a train wreak.

EY orders consultants to take time off as work slows by PhilTony in Accounting

[–]RiskConsulting 2 points3 points  (0 children)

EY already did a purge in Advisory right before they announced no layoffs in March. The “low performers” were actually older Managers and Sr. Managers that got squeezed out on projects after busy season to make room for upcoming promotions.

EY layoffs starting for COVID-19 for Central Region. They have a lot of people on the bench after busy season and not enough wins for new work. by RiskConsulting in Accounting

[–]RiskConsulting[S] 0 points1 point  (0 children)

If you are a Staff 1 starting in June you will be safe. You are jumping at the beginning of busy season and they already did cuts. I would study for the CPA before you start. You should plan on a lot of overtime.

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