PUBLIC ACCOUNTING IS TOXIC| UGLY TRUTH ABOUT PUBLIC ACCOUNTING PART 2| PWC, EY, KPMG, DELOITTE.....
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- Опубліковано 11 лис 2020
- Let's talk about some of the toxic traits of the public accounting industry whether it be the Big4 (EY, Deloitte, KPMG, PWC) or other mid-tier public accounting firms. I have worked in Public Accounting for 3 years now and here are my thoughts of the ugly truth and toxic traits of working in public accounting.
Ugly Truth About Public Accounting Part 1: • I Quit my Job! Ugly tr...
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Accounting Playlist: • Accounting Career Advice
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First week in big 4 public accounting vlog: • A Day in the life of a...
I quit my job at big4 firm: • I Quit my Job! Ugly tr...
Accountant Salaries: • Public Accountant Sala...
Name: Nicole
Age: 25
Occupation: Public Accountant
I am a public accountant, makeup and beauty enthusiast, and love to share my knowledge and skills with anyone willing to listen. Most importantly, I am a young Christian sharing Jesus to the world in my own way. I graduated with a B.S. in Accounting in 2017 from Penn State and decided to document my journey as a first-year staff in public accounting. I love sharing my love for accounting (and more) with you all and am super excited to document my growth journey in my public accounting career, document me becoming a CPA, and obtaining my master's degree with you all.
Country of Origin: Angola
City: Luanda
Languages Spoken: Portuguese, English, French, Spanish, Lingala
![Big 4 while Black? (KPMG, PwC, EY, Deloitte) [Where did all the Black Accountants go?]](http://i.ytimg.com/vi/d05ufu3vtF4/mqdefault.jpg)
I do audit in the governmental sector and our weeks are always 40 hours 🙌🏾
Some days I surprise myself by not telling off one of the partners. Public culture is incredibly toxic, about 95% of the people are narcissistic and think they’re better just because. I plan on going to private and stick with that nice, mellow, and easy middle class life.
The hours are the biggest reason I didn't switch my major to accounting. I believe in a good work/ life balance and those hours do NOT align with that. Thank you for being so open🙂
Why doesn't someone tell those capitalists in the big four that the slave ownership system was abolished in the last century !!
You didn't mention that as a contractor, you need to pay self-employment tax. They make more, but they need to pay more taxes than a normal salaried employee would.
I have worked in the big 4 and other corporate places. Say goodbye to your social life, and welcome extra long hours... Think wisely before you choose this career path.
Good video. Try working in government. Government accounting is where it's at. 40hr work weeks, sometimes less, 6 and 7 hr work days, and maybe 2 or 3 pay periods of overtime during the year. Very laid back work environment, never in a hurry or rushing to get things done. Our meetings are spent chatting about non work related like the weekend. Very competitive salaries, 60 to 150k and a pension.
That Bible verse read me for filth we love to see it sis 🥰
Hi being working for kpmg since last december, recently got a promotion. I used to work 9-10 hours. Now i work 13+ HRS. Lol wtf? Is extremely tiring, tedious, no extra money. My teammates live in the office, always there.😂
I only want to do accounting because of the job stability, others majors is much harder to get a job. I rather work long hours and have a job than to not have a job.
Love the realness! We definitely need more of this. Not to deter students, but to truly give them useful information so they are not blind sided. Also it makes those going thru it not feel so alone, or feel like “I can’t do it” “something is wrong with me. I need to keep pushing”, because that is not the case. This is a unique and honestly can be a toxic environment. Thank you!
I actually agree with your points, but I think this is only the beginning of what is a long and more complex discussion. There are some incredible regional and small firms out there that have respectable business, career opportunities, and work/life balance. I just signed with a regional firm whose staff are overall happy and work an average of 50 hours/week during busy season (straight from the horse's mouth). This is a firm with 4 offices in the region serving large and small clients. There are many organizational and cultural changes that I would love to see change in public accounting, including the things you mentioned, but I think it would be rash to write off the entire practice because of how the Big 4 and mid-tier firms operate. Let's not throw the baby out with the bath water, so to speak. I definitely appreciate your shedding light on these topics though, I don't think they're discussed nearly enough. You're absolutely right in that the Big 4 have public universities eating out of their hands -- it's unreal. I think it's vital for the profession to encourage students to examine other pathways. We're losing accounting students because the rep is so bad.
Another great video from your channel!
hey thank you for your sharing, I am currently getting my MPA degree meanwhile working part time as a boardroom attendant in a big firm--serving coffee, tidying up conference rooms that sort of stuffs. And yeah they pay me $30 an hour based on a casual rate, every time when I look at those accountants working such long hours feeling stressed but not even making more than me per hour I kept wondering am I really ready for this industry after graduate.
Thank you for being so honest!
I have always found it weird that accountants don't unionize against this disgusting culture. The Partners of these firms shouldn't get away with this exploitation of getting free hours out of their staff. I've since moved to working for the government and I love the work life balance. I don't ever want go back to that toxic culture if I can help it.
Great video and all very true points
Big facts! I almost went into public after graduation because I thought that was all their is/thats what they push but ended up going into Internal Audit and have been in it ever since! I did get a CPA tho because
I love the honesty
❤❤❤❤love your video omg 😱 lady you know what I am going through better than anyone else. Last Saturday I almost suffer from a heart attack because the manager just want to treat me as a garbage can that they can kick off . 😢😢😢 I feel miserable 😩. I will look for another place to work .