BIG FOUR -Audit INDUSTRY GROUPS? Whats the "BEST"?

  • Creator
    Topic
  • #157586
    IL Davey
    Participant

    Shortly I will be joining a Big4 audit firm and I need to choose my top 3 industry groups….I need some help!!!

    Which is the best? The most interesting? The most Fun? The worst? The best experience? The most growth in the US?

    Thanks for your help!

    done!

Viewing 8 replies - 1 through 8 (of 8 total)
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  • #229341
    skiw97
    Participant

    i worked in banking, and then primarly manufacturing/distribution for 6 years in big 4…

    I say get into financial servies, you will be the most marketable when you leave, and after you get all the concepts/auditing procedures down, you will be able to apply them to any client/industry.. working in manufacturing is a quick way to get acclimated to public accounting because a typical client will give you exposure to every cycle out there… heavy balance sheet auditing (A/R, A/P, cash, PP&E, accruals, etc) and will also give you a good framework for shipping/receiving/revenue recognition/etc. But stay away long term, manufacturing in the US is going down the tubes and you'll be forced to work for a a distressed manufacture.. good luck

    FAR 11/13 - 78, BEC 1/13 - 82, AUD 2/23 - 94, REG 5/15 - 86

    #229342
    KCJayhawker
    Participant

    I did not go the public accounting route, but have held the top position at the distressed manufacturer skiw mentions and it wasn't/isn't much fun. With that said, make sure you get some manufacturing experience. There are still plenty of manufacturing jobs in the US that aren't easily portable overseas and almost all of them will want someone with some sort of cost/audit experience in manufacturing.

    #229343
    Guccimane
    Participant

    mfg yeah did it total chaos but still a gold mine over here in tx

    83 Reg, 76 BEC, 94 Aud, 79 Far

    Done ......!

    #229344
    AARON
    Participant

    Depends on where you are from really and where you see yourself 3-5-10 years from now, you from Illinois?

    If so, I would say get into Consumer Products (aka Manufacturing). The Midwest and Illinois are heavy on manufacturing. Having worked at a BIG 4 in the past, I found that being able to work and experience the operations of Consumer Products type clients will allow for an easier and more valuable transition into industry jobs (manufacturing is not dead in America, not yet)… Now, if you're in New York or are interested in banking, trading etc., I would say, maybe Financial Services is the route to go… either way, I would avoid Private/Government clients… that's where you will find some of the “duds” and “not-so-special” people (clients and within the firm), it's slower paced and less interesting, in my opinion…

    Also, keep in mind, if you get into the Financial Services line-up of clients, as you progress with the firm, you'll end up somewhat restricted… There won't be as much flexibility for you to move from a more Consumer Based client to say a Private Client or Speciality Client etc. You'll always be working in Banking/Insurance etc.

    ? AUD - 87 (8/12/09)
    ? REG - 77 (1/15/10
    ? BEC - 77 (1/6/09 - Expired) / 79 (11/18/10)
    ? FAR - 75 (2/11/11)

    #229345
    IL Davey
    Participant

    Has anyone worked in industry groups other than manufacturing and finance?

    done!

    #229346
    Anonymous
    Inactive

    I am in the Advisory space, so no Audit here, but I did some work in the Utilities industry and that was fairly interesting.

    Also, I am guessing that Healthcare could get pretty interesting soon. Wellpointe is based out of IL.

    #229347
    Anonymous
    Inactive

    Hi,

    I need advise for how can I find a job in public accounting (Big 4/CPA firms) after passed all exams? any tips

    Thanks

    #229348
    Zakath
    Participant

    If you choose FSI be ready for long hours..

Viewing 8 replies - 1 through 8 (of 8 total)
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