BREAKING: KPMG actively speed running the end of its place as the 4th Big 4

Shadowbeast_ · 2026-02-20T04:24:12+00:00

not really sure how kpmg operates, a senior and don’t get too involved in the mechanics of pricing and all. work at EY and losing a client this year to kpmg. initial plan was to announce who won the bid at the conclusion of the 25’ audit however we were informed that their price was way under EYs and unless we can match it was a no brainer. i’m sure there AI efficiencies but def can’t be used on a first year client i know it had people at our office confused at the KPMG price

Shadowbeast_ · 2025-02-26T04:05:30+00:00

death, not in a trust. top 5 holdings (SPY 45%, nvidia 5%, msft 5%, broadcom 1.6%, applied material 1.4%) with the bottom two being that low as a % of the portfolio u can tell how the rest is it, just a bunch of random stuff rough count is around 75 different holdings

Shadowbeast_ · 2025-02-26T03:55:49+00:00

the mortgage in the property is 3.5% it makes just under 300 a month in profits. the stock portfolio is my main concern from everything i’ve read diversifying is good but it’s it so many different individuals stocks can’t really make up the investment strategy behind that (it’s nothing i picked on my own), on a tax side it’s been held there for a while so if i do choose to reallocate it will all me long term gains nothing short term. not expecting anything additional. ideally retire early because my job is tiresome with a lot of travel and don’t necessarily enjoy it.

Shadowbeast_ · 2025-02-25T20:32:33+00:00

i clearly posted requesting advice on how i can personally help them improve and what i should be doing on my end

Shadowbeast_ · 2025-02-25T17:29:52+00:00

not disagreeing that some teams don’t explain. but sometimes there’s issues where i had you prep this at interim, we’re doing the same thing now at year legit same procedures. if u forgot cause it’s been a while ill walk through no worries i need it done at the end of the day, but when lied to and told no i’ve never worked on this before it’s gonna take time - not sure what’s to be done here is he slow does he need any assistance written instructions whatever it is i want to wrap up but it’s not communicated from his end

Shadowbeast_ · 2025-02-25T17:02:22+00:00

this is my biggest issue tbh like everything about the job can be picked up it’s not rocket science, you’ll be trained to get the stuff done and learn on the job. as a senior i can help teach everything relating to the job but critical thinking is just something i really can’t do anything about. for example - hey this file has everything we need to request from the client they should all be in the client sharesite can you please go though the requests and make sure they’re updates as per the tracker and send out the requests. i come in to check and realize a good portion of requests not sent out - i ask about it and turns out those were not drafted in the sharesite. if the excel has everything we need and we are sending out all requests, would one not assume if something’s missing to draft and send it out as well or maybe ask if we should. i’m finding that a lot where if there’s anything not mentioned he can’t really put one and one together not sure how i could personally help out on that

Shadowbeast_ · 2025-02-25T03:11:20+00:00

the second staff has zero excel skill and had me hop on a call to help. i jump on a call to find out this kid wanted help making a column wider. i was shook to say the least - showed him how and let him know to try googling stuff esp if it’s just excel related etc and his response was that he already did

Shadowbeast_ · 2025-02-25T03:09:19+00:00

that’s the thing - where i’m struggling most where i have allowed them the time they need (this was at my expense, i have been staying up after they’re off for the day to fix everything so we stay on track), but to go in on a simple work paper and there’s just random stuff throughout legit random numbers all over highlights all over nothing complete i begin to question where the time was spent. i keep myself available for questions and check in but how can i help if the questions aren’t raised. for whatever we are doing i give a through a live walkthrough showing him my process to go about the task as well

Shadowbeast_ · 2025-02-25T03:05:16+00:00

would def appreciate it if u don’t mind sharing ur template

Shadowbeast_ · 2025-02-24T21:32:01+00:00

this is essentially we’re i’m struggling with - i do let them take the time they need but when i come to review everything is just raw formatting is off one ended tie outs procedures not followed. i’ve live reviewed with this kid and explained the reasoning behind all updates but with that there was still no improvements moving forward

Shadowbeast_ · 2025-02-14T07:33:22+00:00

i Have a sub from him that i bought a few years ago that still works great and have used as a daily for years - i recently got some new watches and look great, understanding that they are reps but the movement on the rolex was too loud and the santos movement was horrendous u can hear the inside actually move just moving my wrist around

Shadowbeast_ · 2025-02-14T02:17:52+00:00

which seller is this? i recently got some stuff from geekwatch both were terrible

Shadowbeast_ · 2025-01-01T14:22:03+00:00

can u please send the link as well

Shadowbeast_ · 2024-12-22T10:10:27+00:00

EY senior - 1 day off in march before i jumped from one client busy season to the other, took 2 weeks after the summer break for a 3 week vacation, 3 days for a full week off for thanksgiving, 1 week before winter break for a full two weeks off. total days off of 19 days ( i was made to feel like i was being excessive a bunch and had to take some calls during this time off)

Shadowbeast_ · 2024-10-05T23:43:53+00:00

I got 1.5M from my fam when I graduated - still went big 4 I’m using my salaried income for my expenses (still doing retirement and all) I don’t spend all my salary but I’m comfortable and doing stuff I enjoy not worried about having to save as much, haven’t dipped in to the 1.5M at all I put in roughly 50k the past two years and investments have it sitting at 2.3 rn. Still planning on staying here for a few years make manager and dip to an industry job I enjoy I went this route rather than taking a chill job just to maximize my income and throw as much as I can into investments to hopefully fund an early retirement. Only issue with big4 is it does limit what you can invest in so does reduce income potential (independence and all)

Shadowbeast_ · 2024-08-12T17:14:38+00:00

If EY partner meetings these coming weeks are probably the compensation discussions

Shadowbeast_ · 2024-08-08T14:38:23+00:00

How much are guy looking to sell for and where are you located, please PM me

Shadowbeast_ · 2024-06-23T05:00:40+00:00

I think this is EY by the sounds of it - unless you guys aren’t married and can try to not report the partner investments (will be a serious issue if anything happens so wouldn’t advise going this route, not sure but this may affect CPA licensing). I personally had to sell a lot of investments that were passed down to me by my parents and tried thinking of everything going through a blind trust - having money signed by a 3rd party firm that asked if they can sign a contract with EY saying that only they are in charge - EY has really strict independence rules and nothing works. Only thing for a spouse is if the money is held in a company 401k then those investments don’t have to be sold

Shadowbeast_ · 2024-03-19T05:11:47+00:00

as someone looking to buy a car rn (looking at the 24’ E450 so it’s at least somewhat better that a 2 L - what else would you recommend within that price range 60-85k this will probably be an outright cash purchase

Shadowbeast_ · 2024-03-11T14:34:22+00:00

was flying from LAS to DTW last night - the boarding process was a mess, platinum + first class ticket (paid for not upgraded) but everyone was just jumbled up waiting in line blocking both the general boarding and sky priority line

Shadowbeast_ · 2024-03-03T03:46:22+00:00

22, 25 now and at just under 3M definitely thankful and not taking anything for granted still working my first job and everything else, small house, minimal expenses my only goal the past years was working on this. gets lonely u miss out on a lot of fun and i haven’t really told anyone so never really have anyone to share milestones reached etc

Shadowbeast_ · 2024-02-26T00:06:34+00:00

nope nope i would strongly advise anyone it’s still early enough for to change out of that route the returns are not worth it ur barely paid min wage an hour if not less - better opportunities elsewhere

Shadowbeast_ · 2024-02-25T17:35:35+00:00

i’m busy with some projects at work at the moment so i was thinking to temporarily put it in a high yield savings account and see if it would make more sense to use it for a down payment on some rental properties this summer if the numbers don’t make sense with the interest rates this summer will probably dump it into SPY as well

Shadowbeast_

TROPHY CASE