the truth about big four accounting NO ONE TELLS (salary, "balance", dating etc)
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- čas přidán 24. 07. 2024
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Spilling the truth and giving you the reality of working at a big 4 public accounting firm. These are some of the things I wished someone had shared with me prior to joining a big 4 accounting firm.
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//🕙Timestamps:
0:00 Spilling the tea about big 4
1:46 How to survive big 4 with better excel skills (Datacamp)
2:46 Work-life balance at a big 4
7:29 Big 4 accounting salary reveal
9:42 Dating at big 4
11:14 What are the opportunities at a big 4
13:32 Turnaround at big 4
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Keep going 🥺💜ILY
U are da best evveeeeeeeeer 💗💗💗
Landing my first job in private sector, I used to beat myself up not being able to get into big 4s and felt like a failure... But after finding out how much $ my big 4s friends made and the long hours they have to work, i was like mehhh, no thanks. My starting salary in private sector was $10k more than big 4s new grads’. Also, I have a great work-life balance, learned so many things, and got so many great opportunities. 4 years after graduating, I was able to make 6 figures, quicker than my public accounting friends, and still work less hours than they do. Words to accounting grads out there - if you get into big 4s, great! If not, it is not the only way to success (dont let anyone in school brainwash you w that idea).
You have no idea how much I needed to hear this. Thank you!
Hey mind sharing where you worked? This sounds awesome!
Did you do anything special to get promoted quickly?
@@xoxomangakcorxoxo work harder than everyone else around you! Also know accounting! I’ve encountered many accountants who don’t know the basics. Do more than asked of you, if you have the opportunity to review financials for the company… do that! I moved up to controller in 4 years of working in the accounting field without a CPA (currently working on finishing the exams).
@@liljay0687 thank you! Do you think cpa is worth it? Do you also think working in PA for 2-3 years is worth it?
Everything she said is 110 percent accurate. I left big 4 and feel amazing
What are you doing now? What are the best differences you’ve seen in your life?
@@seanfaerber4918 the biggest difference is having a life lol
I work in one of the Big4s too and I am SOOOOO burnt out as an external auditor. I think my daily conversations with my colleague include at least "I REALLY WANNA RESIGN" once a day 😂I can totally relate on the breakdown - had at least 3 for the past 2 weeks.
🥺 take care!
*AUDITING stands for (A)lways (U)nderpaid, (D)eadlines (i)nfinite, (T)raining (I)s (N)othing (G)reat*
please realize this
This was exactly what I needed. I was feeling lost and everyone was only recommending Big4's but they never told me this side of the story. Editing on point, Zoe! Love your videos❤️❤️❤️
Oh my gosh thank you so much!!! I’m currently an accounting student and this really helps! Love your tea cup 🤍
So glad to hear!
I’m starting accounting program January 2022 ☺️
I needed to hear this. Thank you for going into the real details. You're saving lives out here.
63k as a senior auditor, the GL accountant at my company is making 85k, 100k for the AR “manager” who barely knows accounting. Your skill level after big 4 will put you above most accounting roles and can get you really good pay. Regardless accounting work will still suck and you are still an expense to your company. My role is senior FA at 125k in the bay and i’m still on the low side too.
Is this USD?
Whoo! So happy I discovered your channel! I'm a cpa and auditor wannabe. Loved how you explained the topic. ❤️
B4 Recruiters: Work life balance is great. We take care of our employees' well-being
Me: 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Im also an Accounting student. You're the mentor I dont have. I look up to you for inspiration. Ever since I watched your videos, ive improved my self care while also working hard. Loved those books you reccomended tooo!!! Keep it up😁
Hi, I stumbled across your channel accidently through the algorithm but this video is exactly what I needed to reaffirm my beliefs of the Big 4 and IT service sector. I have personally faced all the challenges that you mentioned in my 2 years at LTI as a IT engineer and I can concur to that 100%. Besides your working preferences is nearly as similar to mine which makes it very difficult to survive and stay content with the job in such service industry with really toxic work environments where client ass-kissing is the norm and they literally pay peanuts .There is no peace of mind in these sort of companies even if the pay is good. As Paulo Coelho says "Any thing that costs you your peace is too expensive" and since the day I resigned from the company I have regained my freedom back and haven't felt an ounce of regret .It was the best decision I made and the beautiful smile is back on my face :)Many Thanks for the video .Peace!
this is so true..im searching in the youtube to see how othersaccountant in other country is doing in their daily life..and i found your channel.Your channel is very interesting to watch and you are so funny and true to yourself..not a typical accountant in my country..keep it up!
Hi Zoe! Thank you for (literally and figuratively) spilling 5 teas 😂 I myself have worked at one of the big 4 public accounting firms for 2 years and everything you said is relatable!!! 😢 Cheers from one "grass" to another 🙊
Hahaha 💪🏻
Gurl thank you for your words, it hits me hard, but I'm grateful
You're videos about time management, making money and worklife stuff are so good and helpful, I like them a lot 😍 so this has been another boost of motivation to my mind so thanks!
Also it's the first time I get so early! Hahaha
Love from BCN!💜
Queen Has Came Back with Another Video 😘
This is why I switched from accounting to compliance. It’s actually a 9-5 95% of the time. And started making 100k after my 3rd year.
hey I'm an accounting major and have some questions on how you achieved this. Do you have your CPA? Did you work in a big 4? Go straight to private accouting?
@@ignitelegend5957 I just have a BS, did not go for my CPA. After my first accounting internship at EY I decided to go on a different path. I got my first job as a temp at JP Morgan doing Anti-Money Laundering compliance. After that went to a British bank and now I'm an Associate Compliance Analyst at a Spanish bank. (foreign banks have better benefits)
@@Jorge-lm4bg Hello I am in same situation I want to decide between accounting and aml/kyc complaince which is good for long term growth and work life balance
All the research I’ve done on big 4, has given me enough stress and fear to know that I will never walk into a big 4 office. No amount of money or prestige is worth all the mental and physical deterioration.
Both my parents work at big four firms and I just realised how much they go through every single day, so I’m thankful that I watched this vid........also I’m never becoming an accountant 😅
Aww yeah they definitely go through a lot! Hahaha definitely do what interests you the most!
The grind that u get squeezes u but it also makes u harder... a big 4 veteren here... my longest working hours were on a listed client where in finalization days i started at 9 AM one day... slept in client office for 30 minutes at night and worked till next days 7 PM untill my mind just shut off....
This is literally insane.
OMG THIS WAS POSTED 4 MINUTES AGO!!! I DONT KNOW WHY ITS SO EXITING XX
It’s good experience in the beginning and you get to learn a lot. But soon you realize public accounting is a soul sucking career.
It’s slavery
It amazes me that people who are supposed to be intelligent are willing to work for 15 an hour. With a Bachelors and Rigorous CPA Certification
@@burningcoal5705 how do you calculate 15 an hour?
@@RubbingPotatoes Average CPA Salary is 60k.
Assuming no paid overtime. You are working minimum bare minimum 60+ hours in Public. Add in taxes and that is your per hour rate.
@Burning Coal 60 hour weeks are like for 4 months or 1/3 of the year. Not all year. The rest of the year 2/3 is 40 hour weeks usually. So annualized that into the 60k. It's more than 15 usd per hour. We don't count taxes, when talking salary or earnings it's always referenced pretax.
So true. Haha. I used to work for a Big 4 firm and remember working for multiple clients to the point that I don't know where to take my body anymore. 😢 It was a relief leaving but tbh, it was also a life changing experience. I learned a lot in my four year stay and it developed me both professionally and personally. While I'm grateful for the experience, I'd definitely never return. 🤣
I'm working 15 hours a day in investment banking and I absolutely love my job as an analyst
However I only sleep 4 hours a day which isn't ideal and should be sorted
Thank you for the video Zoe! I particularly loved when you said you don’t procrastinate. Do you have any tips for that? Procrastination is my biggest struggle 😞
Omg that would be a really helpful video!
Is it just me who gets inspired to work after watching this vlog? hahaha 🧡
Loved your tea cup. Where can I get one like that?
I respect the tears. Thank you for showing that to us, its super relatable!
I'm so early 😳
I love u so much 💜
Thank you so much Ms.Zoe😘❤️
this video has been very helpful. Watching this made me excited about working!
Not me who was waiting for you to upload so that i can watch it and then sleep peacefully 💀💀✋✋💜💜💜💜
I love you 💜
Good night!!
I’m your new subscriber. Thanks for all the videos. but a QUESTION for you. Did you LOVE the idea of becoming an accountant or accounting itself before you start the college? I’m just about to start and I’m not obsessed with the idea of being an accountant but I don’t dislike it too.
LOVE YOUR VIDEOS!! keep up the great work love you
I interviewed with Arthur Anderson (way before Enron). At lunch, the guy showing me around leaned over & said "No offense, but I'd rather be interviewing her" & he nodded his head toward a waitress
Then I said something about wearing jeans to the company picnic & he said "oh no! You never wear jeans even at home! You never know when a client is around!"
So my letter saying "Don't bother considering me any longer" crossed in the mail with their letter "We are no longer considering you"
Omg that’s crazy
@@zoeunlimited I was grateful I saw that on my interview so I knew not to work there.
I had an early existential crisis when I was in college because of accounting. That’s also the time I got addicted to coffee. With how hard you need to work to get your license, you’d expect a better life after getting it but nah. Almost everyone in my batch shifted to different jobs after working in a firm for about 3 years. Some transferred to private companies cos the pay is better. Some pursued Law. Some went to culinary or pilot school. Some opened up a business.
I have finally found my CZcams role model! I am a freshman accounting student and I too plan everything, don’t procrastinate, and don’t study past 12am! I hope to be as successful as you one day
💪🏻
The working late hours sounds like some majorly under resourced audits and they can because you guys will work it!
My Currently Favorite Content Creator ♥
Ooh im early!❤️
been waiting for this video since you started working! it was helpful, thank you! you missed something I was hoping you'd hit on though. do you think the exit opportunities will make it all worth it?
It depends on what fields you want to exit to! Ie accounting or SOX related roles have tones of opportunities but not so much consulting and others
I love to hear you talk
Omg tea cup is so CUTE💕
This was such a useful video.
I'm literally just about to start my internship at one of the big four omg I really needed this
How was your experience?
What are you doing now?
Loveeee yaaaaaaaaa zoeee ❤❤❤❤❤🥺🥺🥺🥺
Thanks for the honest truth. I'm an accounting major and I like parts of accounting and want to go into forensic accounting. But I know what it's like to work long hours and be underpaid and I just want to be good enough in accounting to keep a job because I'm not willing to lose my mind over it.
I nearly to graduate but, do you suggest me to join in a big 4 or to look for other?
Ok found this now. I'm in big 4 but not accounting it's much chiller in that our hours are fixed but some work culture stuff you talked about I'm already starting to see and I'm like 😶😐 just taking notes mentally
#dontfirezoe as an acca student, i really needed this bc i'm going to look for internships by the end of the year 😅😅✌️
Tea!😋
So that means I dodged a bullet when I got rejected by the big 4 internships
So based on the facts mentioned, what is an excellent career path for Accounting Major?
An accountant
can u name ur background music here 1:46 i want to try...
I like you. Go girl. You motivate me alot. Thank you
Can you please tell me how many meals I should eat in a day to lose weight and portion please
Hey Zoe great video. You said you make 63k as an EA in a HCOL area in the USA. based on the terminology I can figure out the big 4 firm. As an NA in Canada I make 48k. I always keep hearing salaries are higher in the USA but 63k as an EA seems very low especially given cost of living in LA. On glass door/reddit I’m seeing for Chicago for example EA salaries of 65k. 2200 for rent seems crazy though. What kind of place do you reside in? Do you think one can rent a dec room for much cheaper?
I would really love to know this answer!
@@GorgieClarissa just watched her resignation video and she said pwc 🙂
Work at a big 4, she speaks the truth.
太真实！深有同感
Boy howdy I'm glad I chose accounting
what could be the exit opportunities? if i work one year and leave?
Thank you !
lmao you're so funny but your contents are amazing xx
You are not the first one to bring these things up actually. You know if you ever get burnt out from working at Big 4 you might want to consider working for a National, regional or local firm before quitting public accounting all together. I work for a national and the hours are doable even during the worst times of the year and most people seem happy. Something to think about but hey industry and government does not look bad either.
I've done national and big 4. Preferred big 4, more interesting work, national work was very boring and they often didn't do proper audits. Just my opinion / experience - maybe other national firms are better but that was my experience. Better to go to industry than national in my opinion.
@@tom7784 Individual experiences vary. I got fired from Armanino in a way that surprised me. Then I went to Crowe and quit when I got PIP'ed and it was obviously not going to end well. Got fired again from Farmers and now I'm at DCAA.
Cece, what kind of camera u'r gonna used to make all this video?? #sorry for my bad English:)
See description!
you are awesome
good advice
I'm an electrian. I wouldn't work hours I'm not getting paid for. Why would accountants do this?
Can anyone share their experiences, and maybe some tips, with the US Tax team at PwC? I am planning to apply for the US Tax Associate position which is an entry level position. I am reluctant to continue since I am not very knowledgeable with Taxation.
Did your firm fire you after this video ?
Same here from Egypt, we’ve been lectured about wellbeing during our onboarding process but then work life balance has been thrown out of the window once we’ve been assigned on a project. There’s no “good money” as well, it’s always lower than you’re expertise. The only reason I’m still there is the learning opportunities as you mentioned.
Is CPA a must?
I was just DMing you on insta about how I'm obsessed with you then I open yt to see your video 😍
Damn I'm 3hrs late
Anyways love ya zoe!! stay safe :)
5:16 100% agreed
her skin glowing brighter than my future
Haha too kind!
@@zoeunlimited 7l777p7llp8p8p8ll7p
You are so smart and cool
Great video that really shines a light on the working environment. I'm weirdly anal about slurping sounds so that was like scraping nails on a chalkboard but other than that A+
She spoke the true life or world in public accounting firm ⋯ esp the point 4, you are just some grass and someone can replace you in term very quickly and kick you out very quick once you are costly and pricey
In life you just have to make sure you don't become a grass halm.
Not in accounting but still watching this video to support 😌 the corporate America tea is real HAHA
Why is this so funny?
Oh yeah, I’ve been up all night finishing my financial accounting class. 😅
I m preparing for cpa...n after lissiong this one question is coming in my mind...after becoming cpa where to go...can you plz answer this question...as you mention things here which i really appreciate bcz you r potraying true picture but in our mindset we r already thinking of joing it after becoming cpa...n at cost of our peace there is no point of working anywhere...please suggest where to go now ....its realy important for me to know more about opportunities...please do answer
It's a first-world sweat shop. Once overheard a PwC partner complain that coffee is free and that people should pay.
This is literally insane. Go to college for 4 years taking RIGOROUS classes, additional year to reach 150, take CPA Exam hopefully you pass all 4 parts with. 50% pass rate.
Make mediocre pay and less than minimum wage.
What else do you recommend other majors or jobs
No one can be negative when he, she watch your video.
Who is agrees with me 😗
Please suggest me some good books/biographies on ETHICAL decision making in financial management and AUDACITY in taking action on financial matters?!
Omg Zoe you’re so brave or you already burn the bridges I don’t know😂 As a senior from Turkey I can confirm all you say are true unfortunately..
U hold that cup plate the whole video....
Much appreciable 😂😂
Am i only person who wants to hear you while singing?🥰🤣
Its bcz her voice is raspy?
Are you still working at a big 4
This was hilarious to watch 😅
Omg I start in 2 weeks and this is depressing. I have no partner yet so I guess I'll be forever alone
Experienced associate making 63k a year in LA!?!?!?!? Wtf. Experienced Senior here, near the bay area, at a national CPA firm (top 25) and getting $100k, with way better hours than big 4
The hand movements though 💯
I wanted to be in the big 4 but now i’m scared
Im confused how you only get paid 63k when you have your CPA license. I thought they got paid more?
4:37 can relate 😂
The 4 dislikes are from the big 4 😌
Hahaha
😂 just learn to say no. I my 4 years at big4. no week of more than 42 hours of work full year around. maybe europe is different. it's chronic staff shortage here. team members quits and engagement delay by 1-6 months.