Press J to jump to the feed. For each firm, their primary business is financial auditing. Or better stated, which of the Big Four firms will pay you the highest salary!?. CPA always a plus, but not a golden ticket outside audit/audit support. Per inquiry with sparton192, Junior Student, on 05/19/2013, it was noted that Deloitte Consulting (Deloitte), was regarded as a top notch consulting firm. Primarily for accountants and aspiring accountants to learn about and discuss their career choice. Matthew Heller The U.K. is moving closer to a far-reaching shakeup of the Big Four accounting firms that would separate their audit and consulting businesses after a series of high-profile audit failures. But audit is just the beginning. Busy season will be busy. According to Vault they were #5. http://www.vault.com/wps/portal/usa/rankings/landing?rankingId=76®ionId=0. Interestingly, these firms now reportedly generate the largest portions of their revenues from consultancy services. That was me up until this past week where I got dropped a shit ton of work. What people have to realize is that audit is a common choice in the big 4 career so many people choose it. Having been employed by a Big 4 Firm carries a lot of weight in the industry and can offer you career opportunities you couldn’t get elsewhere. PwC has done some aggressive work on operations ability (eg PRTM). There are also hundreds of boutique consulting firms … Chat over your ideal career shift to a partner after 1-2 years and see how much they can help get in touch with good contacts. Almost impossible to go from Audit to management consulting. As we already mentioned, the Big 4 absolutely dominate the accounting field. From my perception, more so than EY and KPMG though they are too. For those of you that don’t know accenture is an extremely large consulting firm. The Big 4 accounting firms are titans of the professional services industry. I've heard a lot of things about it, like Big 4 are investing a lot in strategy consulting with the ambition to compete with MBB. They grew to be larger than the big 4 accounting firms. Press J to jump to the feed. Working for one of The Big Four Accounting Firms is a prestigious honor and a goal for many accountants. How is Deloitte's consulting viewed by top consulting firms? In fact, many Ivy league folks go to Big 4 (Deloitte atleast) for consulting. Deloitte's S&O group is large and Deloitte is largely respected (the S&O part more than the other lines of course), but it isn't top tier management consulting. Specifically, regulators are concerned that the growth of consulting business at the Big 4 could lead to the firms becoming primarily consulting firms rather than primarily audit firms. Identify Your Goals Usually consulting shops are much smaller but Deloitte is obviously huge. And ive realized that it’s all BS. Obviously not#1 but I believe they are up there. I also work for Deloitte and I believe they have a consultancy arm - how difficult is it to go from audit to consulting within the firm? Hey currently in university beginning my networking with the Big 4. Press question mark to learn the rest of the keyboard shortcuts. Deloitte and PwC are very aggressive at MBA programs in the top #5-30. You're stuck at the lower salary, basically permanently. Therefore, you have more competition. The three names in the game of management consulting are of course: McKinsey, BCG, Bain. Made no sense to stay with another opportunity and I haven’t looked back once. The U.K.'s accounting watchdog has asked the firms to submit a plan by Oct. 23 for separating their audit and consulting businesses. The Big 4 are really putting a lot of money into consulting, but the growth isn't exactly all traditional management consulting (see http://www.economist.com/news/business/21577376-world-grows-more-confusing-demand-clever-consultants-booming-brainy ). Having said all the above, the only change I would've made about my big 4 experience was I would have made it 3ish years instead of 5. r/Big4: Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Recall that it was just last week when Nairametrics reported how the Big Four earned the sum of N7.53 billion as audit fees from Nigeria’s most capitalized firms in 2019. These companies, as you may already know, are Deloitte, PwC, Ernst & Young, and KPMG.. A staggering 100% of the 457 Fortune 500 companies with public information were audited by one of the Big 4 accounting firms. 1. The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. Given their relatively new entry in the strategy consulting market, what are your thoughts about Big 4 strategy consulting teams (Monitor, S&, PEY), both at current level and in the future? Travel in the big 4 … I have worked at Deloitte for 2 years (Manager), and then PwC (Senior Manager) for 4 years in the Vancouver BC Canada offices, and here are my observations. It’ll come in time. This article is a breakdown of the Big 4 firms, the average starting salary range for each of them, and some additional factors that help determine the size of your starting accounting salary. As of 2017, the Big 4 audited 497 of the S&P 500. If you aren’t going to be partner, get the hell out.In a 2016 research paper published by the University of Tennessee, the authors outline average earnings through age 37 for CPAs in the following buckets:1) Never leave public 2) Leave after senior 3) Leave after managerNo surprise that those choosing to stay in public can expect to earn $ Semantics things going on here too... what do you see your yourself 5. U.K. 's accounting watchdog has asked the firms to submit a plan by Oct. for! About a time when you had to be the most likely route 3-5! 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