Regional Accounting Firm

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    Topic
  • #188697
    Thompson Sam
    Member

    What is the nation’s viewpoint of regional accounting firms (I.E. Plante Moran, Mcgladrey)? Do industry firms view the employees as inferior to the Big 4?

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  • #608683
    Anonymous
    Inactive

    I don't work for Big 4. What I can tell you is that I am recruited daily by people who want Big 4 experience, but don't seem to care that I have none.

    #608684
    Mayo
    Participant

    “Do industry firms view the employees as inferior to the Big 4?”

    It depends. Some will require or favor the Big 4, while pothers will have different viewpoints. While one can be successful anywhere, Big 4 usually has the best brand name in terms of resume recognition, and the availability of opportunities is higher.

    All things being equal, I always think BIg 4 is the best choice. But things don't always work out that way. They may be a variety of reasons why you'd want to pick a Regional/National firm instead.

    I'd say you should consider:

    1. Types of clients and size

    2. Size of the office

    3. Reputation of the firm in the local area you want to work in (for example, I've heard my firm in a certain city has absolutely horrendous hours due to turnover/bad work environment).

    4. Your own comfort with the firm culture. Generally, the larger the firm the more “corporate” the feel will be. However, size of the specific office is always a factor.

    Also, it's always a good idea to go to indeed, robert half, or some other job website and search for “big 4” in the area where you want to work. If you get a lot of hits that say Big 4 “required” or “preferred” then that's another indication that the brand is stronger there. If not, then it might not be as big as a factor.

    Mayo, BBA, Macc

    #608685
    randerso
    Member

    FYI, I've always heard McGladrey (and other firms ranked between 4-10) referred to as “mid-tier” rather than regional.

    I think a lot of it depends on the firm reputation in the area, which you can research. When I was considering a mid-tier firm, I scoured LinkedIn and discovered lots of former firm employees ended up in nice positions at F500 companies in my area.

    Of course, the Big 4 resume always goes to the top of the pile. But it seems that, with time and networking, you can get those same positions out of mid-tier firms.

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    #608686
    fuzyfro89
    Participant

    Short answer: Yes.

    Long answer: It doesn't mean a regional/small firm is a poor career choice, but there is value to the name recognition which may or may not be offset by your individual experience wherever you end up going. That is, a poor experience at Big 4 won't outweigh a great experience at a regional/small firm. It's up to you to decide whether the trade off is better for your personal career goals.

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