5 Myths About Working at a Big 4 Accounting Firm

Wouldn't life be great if you got to work at a Big 4advance your career. Simply working in Big 4 does not
Accounting firm? People are constantly telling you thatguarantee job security for life or "networks."
it is one of the best places to launch a career, and youMyth number 3: You earn a great salary making all
are promised a great work life balance. Recruiters talkyour friends at smaller firms jealous
to you about how great the salary is and all theExplained: You may have a higher salary on paper but
prestige you get working at a big 4 firm. Most of this isyou can be guaranteed you will be working long hours
pure industry advertising. There are some great thingswith unpaid overtime. Your friends probably make
about working at a big 4, but there are other not somore money on an hourly basis and have much more
great things as well.free time. Who's laughing now?
Here are the Top 5 Myths about working at a big 4Myth number 4: You gain experience that is
firm.unparalleled to anything else.
Myth number 1: Your resume automatically grows toExplained: If you don't stay long enough, its very likely
the top of the pile in any career huntyou will just be doing slave work such as simple
Explained: An experienced candidate without big fourreferencing, and ticking and tying. Big 4 experience
experience is much more likely to get selected than adoes not guarantee you see the whole picture of
candidate with big four experience that is not asauditing. You will most likely be doing small sections of
experienced. It is the experience within the big 4 firm ata large audit. You may see only a very small part
top management positions that will give your career acompared to smaller firms.
boost. But, you will need to work at least 3 years at aMyth number 5: You get to travel the world
big 4 accounting firm before you are exposed to theExplained: You get to work in places you don't really
level of responsibility smaller accounting firms mightwant to. Deadlines are tight. It is very possible to go to
give you right away. It's not that you worked at a Biga foreign country and go to only two places. Your
4; it's what you did in the big 4.client location and your hotel. Traveling is more of a
Myth number 2: You get access to a network ofnuisance than luxury at the big 4.
professionals that is unparallel anywhereIn conclusion, a big 4 accounting firm is a great place to
Explained: There is a network of professionals, but thestart a career, but it is overhyped. Smaller accounting
amount of "networking" you will be doing is veryfirms may give you a lot of exposure to areas that
minimal given how busy each of these professionalsyou will touch in the big 4 until you reach top
are. You still need to develop networking skills tomanagement positions.