Let’s face it: Big Four accounting firms’ retention rates are low for a reason. Even though the work is demanding, these jobs make great stepping stones. Insiders say their exposure to a wide range of companies and industries and their vast level of responsibility allows them to develop impressive skill sets, whether they want to hang out their own accounting shingle, go into finance in industry, or try another profession entirely.
What to Love and Hate About Accounting Careers
By The Editors
We talked to accounting insiders to find out what they love—and hate—about their work.
What’s Great
Big Four = Resume GoldLet’s face it: Big Four accounting firms’ retention rates are low for a reason. Even though the work is demanding, these jobs make great stepping stones. Insiders say their exposure to a wide range of companies and industries and their vast level of responsibility allows them to develop impressive skill sets, whether they want to hang out their own accounting shingle, go into finance in industry, or try another profession entirely. By working with a wide range of public companies, Big Four accountants build a vast network of contacts that can later turn into job prospects. These opportunities don’t come as easily to those working at smaller firms. In the end, adding a Big Four firm to your resume can undoubtedly open many doors in the future.
Big Four = Cutting-Edge TechnologyBig Four firms are renowned for their early adoption of technology. “I take a lot of it for granted, but we really have an unreal amount of information at our fingertips,” says one insider. “The intranet, external Web, the research capabilities—it’s almost information overload at times.”
StabilityDespite the fact that Andersen fell flat on its face, forcing thousands to scramble to find new employers.
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