Do they always ask about the stages of an audit engagement in an interview? As a chemistry major, I feel like I will definitely be asked about it even more so.
Hi Matt, my names Mo and I’m also a Loughborough grad and I just secured an offer from Deloitte to work in their audit department. I hope you don’t mind I sent you a follow request on Instagram. If you have the time I’d just like to ask you a couple questions about working at Deloitte and the ACA qualification. I would really appreciate the help as I’m not sure what to expect.
I just passed my cpa in america, and have been applying to audit jobs. But this side of advisory seems every interesting do you like it more than audit? And do they often hire staff straight out of college for these jobs?
Hello Matt, my question is do we need to complete ACA or ACCA while in graduate entry and what if someone is already a CPA from the US, Does he also need to take this ACA exam if he enters the workforce through a graduate program?
Did a first internship in audit at a big4, I loved the people, but found the job incredibly dull for a graduate job. After a second internship in a PE fund, I landed a job in a valuation/TS/modeling group when I graduated. Finance is flat out a more intellectually stimulating/challenging field than accounting.
To add to your analogy, there's another idea about your patience being rewarded. It's the end of the day, you've been sat there for hours and haven't caught a thing. And yet all of a sudden, you feel a tug on the end of your rod. You reel the line in and end up taking home a huge prize salmon. Within big 4 audit, you can almost guarantee that whilst the day-to-day work will be a grind, by the end of the experience you will have an absolute wealth of further development opportunities ahead whether it be gunning for partner, moving into industry, side-stepping into consulting or corporate finance and a plethora of other areas. Not to mention the networks and knowledge you will have built will continue to serve you throughout the rest of your life. Audit is in a lot of ways a means to an end, and in most professions you always need to start out in the grind before you can move upwards after paying your dues. You know for a fact that those long hours will be rewarded in the end. Keep up the good work! - An Audit Apprentice at KPMG
Literally watched all your videos related to transaction services and FDD the night before my interview and I got offered within a week! Coming from mid tier audit background moving to big4 M&A transaction service. Thanks!
Please take this positively! 😇 I think your content would have been so much more effective without the background music! It was just too distracting to be able to focus on what you’re saying. Simple is key 😁
Hey Matt, thank you for posting this video on FDD. I am hoping to land my next job in FDD and wish to know if there are good books or reading material i could read and gain insights
Really useful video. Question: Do you have some idea about school-leavers from countries other than the UK as how they can start their ACA journey and how can they join a firm in the UK.
Hello: 1- After the busy period is there a general review of wrk done? 2- I recently got accepted an offer into KPMG. So in my research (on RU-vid), I have seen so many people talk about certificate programs (ACA). How do u manage your time during the busy season alongside the certification exams? Is the ACA or ACCA or any other certification programs imperative for juniors?
Currently at a big 4 firm doing training contract. There won’t be any college or qualification stuff during busy season. At my firm (EY) grads do loads of college in first few months, then are back at college after busy season.
Overall I agree although I found the degree much easier than grad scheme only because with a degree you get proper breaks throughout the year whereas big 4 you get 4 weeks only so tended to get burnt out
Working in the consulting (advisory) part of PwC for couple years, many things you said apply there as well. Just want to add some things. 1. There is an significant snowball effect with work. When joining big 4, you may struggle to find projects. You do often the job that no one wants to do, but after a while it gets much better. Everyone who is capable of delivering gets recognized and gets involved in many future projects. 2. Work Life balance - It's pretty bad , I was working full time even as an intern, but once I became an associate, then it went to 50/60 hours per week. If the deadlines in multiple projects align around the same date, we worked 70-100 per week. But it may depend on the team I guess. 3. Partners - Our partners are just dont the earth guys. There were talking to me (intern) and always insisten in showing them what i'm working on. I think that big 4 has very encouraging environment. 4. Questions - I struggled with imposter syndrom, but promised myself, that I will ask as much as possible, otherwise it won't go away. And after years it was crutial part of my journey. So ask, no one has expertise with everything, that's why the teams are so diverse. 5. Travelling - In consulting, there is a lot of travelling all around the globe, but it's mainly limited to the managers. You can go on secondmends to different country, but you need to perform. Btw everyone imagines traveling to NY, but the reality hits you when you go to Pakistan instead and get food poisoning from their local kitchen right before client's meeting.
This video is extremely helpful and will definitely help me out big time. Thanks a lot guys for passing on your knowledge to the younger generation. Bless you guys.
