How is working asset management tax in big 4? What type of work do you do?
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I graduate with my Bachelor’s in Accounting in December, but I have been working for a large regional firm for the last 3 years in Tax. Would I be a serious contender if I applied for Senior positions elsewhere now or should I just wait until I have the degree completed in December? I keep hearing that the experience is worth more than the degree, but I’m not sure if I’d get a good offer without it.
Have you ever heard of a K-1?
You think you will be an expert in Intela and Cascade, Sightline, Digital Gateway or GTP ( iykyk) at the end of 2 busy seasons. But as you leave for industry it will all be useless. You might be knowledgeable in probably GoRS, and CCh. I never used corptax or OTP for pships so not sure about them.
You sell your soul for money you’ll never be able to enjoy because of insane hours you’ll work. In return you gain skills that are useless outside of public accounting.
It’s been the growth engine of the tax practice for years - private funds are growing still due to the concentration of wealth in the world and private equity and credit cycles I’d say have peaked. Most private funds have outsourced their tax function to the top tier firms and we are a core IR and back office function at this point. At risk for big down cycles but otherwise a steady role. AI is going to commoditize but remains to be seen how well the gets executed.
My observation is it gets very busy for about 4 months of a year. The rest of time it’s 9-5. Work is stupidly repetitive and you wonder how you need to have a cpa license to do this as monkey can do it too. But it had been steady, stable and financially rewarding. I personally did not like it but pretended that I did. Very bad feeling as not being true to myself.
Exactly. More like busy for 9 months.