I worked in Big 4 and a smaller firm. I left the large firm after SoX asRon Todd said:Not, that is not true. They are, as they have been for the past
thirty years, incredibly selective. The reason the business press
keeps printing that shortage garbage has entirely different
motivations and you will have to figure them out for yourself.
testing controls is the most boring work you can every do. Went back to
consulting and smaller company audit (under $150 million). However, I would
not say they are that selective. If you are eligable to take the CPA/CA,
understand business professional dress and are articulate, you can get a job
with a Big 4. Smaller firms are also dying for people, almost every firm I
know needs people. However, they want the same eligable articulate
individuals that can professionally represent the firm. I guess if you
graduated with a 2.0 gpa, you probably won't have a good change, but you
don't need Ivy League.
Industry is hurting for people as well.No, that is not true either. Again they are being very selective as
they have been for years.
Same can be said for any degree/certification to some extent. Don't applyThe CPA certification, without the specific attributes they are
looking for, is by itself worthless.
The job market is so screwed up, for various reasons that are to
complex to discuss, that I have walked in with my current CPA license
and my practical state college MBA and been passed over for people who
were in practice, very bad bookkeepers.
for an actuarial job with a degree in history. Generally, CPA/MBA people
should not be doing grunt work like entering payable. They are there to
manage, plan and/or implement systems. So, they may not be the greatest
bookkeepers, but then again they don't need to be. If you have a CPA/MBA you
should not have a problem unless the salary scares them away, which does
happen. But then again, at that level you should not be working with small
2-3 million/year companies.
This is scary. No experience and setting up your own business to doIf your starting out, and you didn't network well enough in a ivy
league type school to get a star job out of college your going to be
better off setting up your own bookkeeping and tax prep business.
bookkeeping and tax prep. I guess I now know why I come across horrible tax
returns, accounting records and just general bad advise. This might work if
you do nothing but middle to low income individuals and very small business.
However, once you start dealing with high-income individuals, multi-state
returns, estates, construction contractors, etc., the returns get complex.
Even in a firm with multiple layers of review, there are still errors when
the returns get out the door. Having no experience and trying to learn as
you go, just make sure you have good liability insurance.
One needs experience in public accounting to understand the complexities and
receive the necessary training. Not to mention, working on you own won't
count as experience for the CPA or CA.