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BIG FOUR Redundancy

  • 01-06-2009 11:46pm
    #1
    Closed Accounts Posts: 5


    I was recently let go by one of the big four last month before study leave. I am devasted by this but was told by them that they would pay my FAE fees and also give me a couple of grand aswell.

    I feel so hard done by as i worked very hard during the busy season and now that our department is quiet i am let go, i feel so bitter about it ,that it is hard to motivate yourself to study for the exams. A few people were let go but the majority were kept on. I must admit that my performance was not great but i didnt know that i would of being made redundant/sacked.

    I was still in contract however a number of friends of mine who finished there contract were let go, most of them have gone travelling but some were living away from home and could not save any money.

    What has the world come to where even the most recession proof industry has so few jobs to offer. I was attracted to accountancy by the big salary aka 50k+ after u qualify (3-3.5 years) job security and the global recognition it holds.

    I hear rumours from leading economists and editors that say Ireland will never recover to the boom we enjoyed in 2007. Deducing from this, there will be so many qualifed accountnts chasing too few jobs and it will be very diffcult to get into the big four.

    This will mean that only the best graduates those mainly from big four background will get most of the jobs. I reckon that about over 50% are big four qualified,

    I however am not and wonder what chances do people like myself who have been let go by the big four / or people working in small firms have in this competitive market.

    I personally am devasted but fear for my future job prospects predominates as someone who may have to end up working in a small firm. I hope people dont find me snooby but given the limited postions avalibale why would anybody take a small firm accountant over a much more prestigious big four accountant?


Comments

  • Registered Users, Registered Users 2 Posts: 412 ✭✭Hackysack


    Uhm...

    Sorry to hear about your situation, but the first thing I recommend you do is completely edit your post, sign up again and use a different username. It's no secret that employers google people's names, and since you've already said yourself that your performance wasn't great, you'd be really hurting your chances man.

    From my understanding, people who are working in smaller firms are 'more qualified', as in they have much more hands on experience than people in the big four.

    It's a bad situation, but you've been given the opportunity to continue your exams. It's your responsibility now to work on them and pass your exams. Think about it. The less exams a company has to pay for you to do, the more attractive you are to them as an employee.

    You have to work on your competitiveness, and I think you're being given the opportunity. Sorry again to hear about your redundancy.


  • Closed Accounts Posts: 24 Badboy21


    I was recently let go by one of the big four last month before study leave. I am devasted by this but was told by them that they would pay my FAE fees and also give me a couple of grand aswell.

    I feel so hard done by as i worked very hard during the busy season and now that our department is quiet i am let go, i feel so bitter about it ,that it is hard to motivate yourself to study for the exams. A few people were let go but the majority were kept on. I must admit that my performance was not great but i didnt know that i would of being made redundant/sacked.

    I was still in contract however a number of friends of mine who finished there contract were let go, most of them have gone travelling but some were living away from home and could not save any money.

    What has the world come to where even the most recession proof industry has so few jobs to offer. I was attracted to accountancy by the big salary aka 50k+ after u qualify (3-3.5 years) job security and the global recognition it holds.

    I hear rumours from leading economists and editors that say Ireland will never recover to the boom we enjoyed in 2007. Deducing from this, there will be so many qualifed accountnts chasing too few jobs and it will be very diffcult to get into the big four.

    This will mean that only the best graduates those mainly from big four background will get most of the jobs. I reckon that about over 50% are big four qualified,

    I however am not and wonder what chances do people like myself who have been let go by the big four / or people working in small firms have in this competitive market.

    I personally am devasted but fear for my future job prospects predominates as someone who may have to end up working in a small firm. I hope people dont find me snooby but given the limited postions avalibale why would anybody take a small firm accountant over a much more prestigious big four accountant?


    Im really sorry to hear about redundancy, i think you should keep your chin up, and concentrate on passing those final exams, there meant to be difficult.

    I know a few of my friends that are in small firms and they have told me that the inexpereice you get is in valuable, you get exposure to a lot of areas and not just audit!!

    I someimtes which i had joined a small firm cause all i ever do is audit, and i dont plan to stay in audit when i qualify. Imagine doing audit for three years and then moving into indusrty and not having done bank reconcilations or debtor reconciliations.

    In regards to competition , i think you'll be competitive enough, when the market settles in 2012-2013 there will be lots of jobs avaliable again. I rememeber chartered accountants who qualified aboput 2-3 years ago had offers of mutiple jobs. There was lots of foreingers , working in accounts aswell, so i would say dont worry, accountancy is recession proof! :)


  • Closed Accounts Posts: 85 ✭✭CGorman


    Sorry to hear of your situation.

    Yes the short-medium term prospects in Irish Accountancy are poor - too many people chasing too few jobs in the sector. However the firms don't owe us a living, they never have, nor will they ever in the future. I read a blog post by the DCU president the other day on professions in Ireland being perceived to be the safe bet. This has been true for hundreds of years. However in recent years I would argue salary inflation and total numbers in the professions [accountancy & law in particular] have risen far too rapidly and have attracted an ever greater number of gradutates. Back in basic economics we are told about the decreasing returns as a factor is continually added to the production process. That is where we are now.

    You argue that it is the prized big four qualified that will be the only survivors in coming years. I think that is a most elitist and naive way to look at it. Quite simply it is most adaptable, flexible, hard working that will do the best - those who have diversified their skill sets irrespective of their qualification background. If you can only do one function well, then you are limited in the eyes of an employer and are closer to a commodity in value [doing a particular type of task day in day out]. However if you have a broader skill set then you are in a better position to add value.

    Ultimately it is those who work in small-medium practices and who have peppered their CV's with different department experiences and industry exposure or those who are really really good at doing a specialist task that will prove to be the most valuable in the future. Essentially I am saying that it is the weaker candidates who in the past just relied upon the big 4 name who may get squezed in the coming years.

    To the OP, i'd say, that you need to adjust your future salary expectations downwards and assess where you want your career to go. I'm no expert [indeed im a good year behind you in my own position], but I have thought alot about my own prospects. I firmly believe a set of goals or at least a rough career direction is vital. After that it's just a matter of adding lots of work, enthusiasm, and effort.


  • Registered Users, Registered Users 2 Posts: 3,841 ✭✭✭Running Bing


    I think a lot of it comes down to lack of choice in Ireland. I mean as a young ambitous graduate what do you do? If you didnt get 600 points in the leaving and go for medicine the choice is pretty narrow....Law, accountancy, engineering, architecture, banking.


    Obviously anything construction related is fvcked, the banks are in serious trouble, law is in absolute ****e and accountancy is doing its best to catch up.


    At the end of the day you can criticise going into accountancy all you want but what else do you do?

    CGorman wrote: »

    You argue that it is the prized big four qualified that will be the only survivors in coming years. I think that is a most elitist and naive way to look at it. Quite simply it is most adaptable, flexible, hard working that will do the best - those who have diversified their skill sets irrespective of their qualification background. If you can only do one function well, then you are limited in the eyes of an employer and are closer to a commodity in value [doing a particular type of task day in day out]. However if you have a broader skill set then you are in a better position to add value.

    Ultimately it is those who work in small-medium practices and who have peppered their CV's with different department experiences and industry exposure or those who are really really good at doing a specialist task that will prove to be the most valuable in the future. Essentially I am saying that it is the weaker candidates who in the past just relied upon the big 4 name who may get squezed in the coming years.


    Its a nice theory (and I agree the original statement is a little elitist) but in practice, I think the cold hard facts are that firms like the big 4 name on the CV.

    Just look through job listings on sites like Monster, a huge amount of the good jobs say Big 4 qualified.


    I think you are right though in that the bottom line is its up to the individual. I dont think you can say in the future it will be Big4 accountants or small/med accountants who will be successful....it will be the smartest, most hard working and ambitious who will be most successful regardless of where they did their training.


  • Closed Accounts Posts: 5 Brian.Stephens




    Just look through job listings on sites like Monster, a huge amount of the good jobs say Big 4 qualified.


    I think you are right though in that the bottom line is its up to the individual. I dont think you can say in the future it will be Big4 accountants or small/med accountants who will be successful....it will be the smartest, most hard working and ambitious who will be most successful regardless of where they did their training.

    After reading some earlier responses, i can see that working in a small firm has its advantages but the big four name carries a lot of weight

    Its like why have cotton when u can have silk, why pick UCD when u can have someone from TCD and why pick someone from DIT than someone from UCD with similar grades.

    Its sounds snobby but that the way i always thoughts things worked. If jobs are scarce well then employers only want the best. You need to be good to get into big four nearly anyone can get into small firm.


    Maybe my view was very elitist but this view i had of the world has shaped my outlook on life. Now to be honest i feel disgraced i feel that i have fallen from the pinnacle of the best accountancy has to offer Commerce , MACC, UCD , Big four and have to go into a small firm now. I feel so ashamed

    I feel like im one of those now, people in small firms and really hope i can start to see the advantages of being in a small firm, buts its diffucult, hence i constantly feel very down about myself and negative about my future career prospects.

    What will i say at the interview that i was let go from big four, this will look very bad! I wonder will my 19 months big four experince count for something at least.

    Any advice or points that small firm is better than big four would certinaly cheer me up!!! Im trying to counteract this negative thinking with postives but its difficult at best.

    Is anyone else feeling the despair of being let go by the big four and having to find work now in this terrible jobs climate?


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  • Closed Accounts Posts: 72 ✭✭lolly.o


    Oh for gods sake get over yourself.

    You're feeling sorry for yourself because you now have to work in a small firm. You'd be lucky to get a job in a small firm at the minute. Especially after admitting your peformance wasn't great - who says they'd want you.

    You are a pure example of a Big 4 brainwashed trainee who thinks that they are so much better than every other accountant in the country. But look at it this way - the Big 4 name might be worth something on your CV but put two newly qualifed accountants in the same job, one from the Big 4 and one from a small practice and I'll guarantee you that the one who trained in a small practice will have a much better more well rounded knowledge of auditing and they will be much more flexible to the type of work that they are able to do.

    I know people who have trained in the big 4 for 3.5 years and don't know how to do a bank rec at the end of it. Who on earth would hire a qualified accountant who has never done a bank rec. You're big 4 name might get you the interview, it might even get you a job but you'd be completely lost trying to do the everyday book keeping/accounts work that most accountants do every day.


  • Registered Users, Registered Users 2 Posts: 3,841 ✭✭✭Running Bing


    After reading some earlier responses, i can see that working in a small firm has its advantages but the big four name carries a lot of weight

    Its like why have cotton when u can have silk, why pick UCD when u can have someone from TCD and why pick someone from DIT than someone from UCD with similar grades.

    Its sounds snobby but that the way i always thoughts things worked. If jobs are scarce well then employers only want the best. You need to be good to get into big four nearly anyone can get into small firm.


    Maybe my view was very elitist but this view i had of the world has shaped my outlook on life. Now to be honest i feel disgraced i feel that i have fallen from the pinnacle of the best accountancy has to offer Commerce , MACC, UCD , Big four and have to go into a small firm now. I feel so ashamed

    I feel like im one of those now, people in small firms and really hope i can start to see the advantages of being in a small firm, buts its diffucult, hence i constantly feel very down about myself and negative about my future career prospects.

    What will i say at the interview that i was let go from big four, this will look very bad! I wonder will my 19 months big four experince count for something at least.

    Any advice or points that small firm is better than big four would certinaly cheer me up!!! Im trying to counteract this negative thinking with postives but its difficult at best.

    Is anyone else feeling the despair of being let go by the big four and having to find work now in this terrible jobs climate?

    I would not be that down about it tbh, like I said essentially it comes down to the person rather than where you trained. I think the trick is selling yourself and your experiences, if your better at that than the next person (even if their from Big4) you get the job.

    Both big 4 and small/med have advantages and disadvantages, its all about really opening employers eyes to the advantages and diverting attention from the downside.

    Working in a medium sized practice Im sure you'll end up a very rounded employee, with a wide skillset who can adapt and apply himself to many different situations. You'll definitely learn things of value to potential employers, its just about opening their eyes to it.


    All imo of course and I cant say Im very qualified to be dishing out advice:P


  • Registered Users, Registered Users 2 Posts: 443 ✭✭marizpan


    OP, have you read your posts?
    Its tough being let go. As you said, you weren't very good! Hence the decision to let you go before others. Snobby isnt the word for how you come across. The world hasn't ended, you'll get another job and in the meantime, aren't you lucky you have a payout and fees paid. You'll have loads of time to study also.
    In another 2 years the market will feel alot more secure.
    I know lots of people with mortgages/children/responsibilities who have been let go.
    The world is not going to end and to assume that employers only want big 4 qualified is incorrect. I know many employers who wouldnt touch them because there training is too pigeon holed.
    Like was stated already, spent 3 yrs in audit and moved to industry and couldnt even do a bank rec.
    Your life seems pretty good from here


  • Registered Users, Registered Users 2 Posts: 7,541 ✭✭✭irlrobins


    I must admit that my performance was not great but i didnt know that i would of being made redundant/sacked.

    Ignoring the big vs small firm debate, I think this statement is key. Sounds to me like you thought that once you were in the door it was plain sailing from now on and you were on your way to easy street.

    Totally the wrong attitude, you should give every day your best effort, as continuous hard work and effort will be rewarded, in good times but most importantly in bad times.

    As my boss told me, in good times everyone gets promoted and pay increases, in tough times, only the best do. Always aim to be the best.


  • Closed Accounts Posts: 6,029 ✭✭✭Pisco Sour


    irlrobins wrote: »
    Ignoring the big vs small firm debate, I think this statement is key. Sounds to me like you thought that once you were in the door it was plain sailing from now on and you were on your way to easy street.

    Totally the wrong attitude, you should give every day your best effort, as continuous hard work and effort will be rewarded, in good times but most importantly in bad times.

    As my boss told me, in good times everyone gets promoted and pay increases, in tough times, only the best do. Always aim to be the best.

    What an unfair comment. This lad has said he has worked very hard. I myself always try my best but in the end of the day I'm not much good at auditing. Kevin Kilbane always tried his hardest for Ireland but has always been a very limited player. Mick O'Driscoll likewise for Munster and Ireland (occasionally). Maybe its the same for this lad. How do you know he wasnt trying his best?


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  • Registered Users, Registered Users 2 Posts: 7,541 ✭✭✭irlrobins


    Cos he said so, I quoted him in my reply.


  • Closed Accounts Posts: 6,029 ✭✭✭Pisco Sour


    irlrobins wrote: »
    Cos he said so, I quoted him in my reply.

    No he said his performance wasnt good. He didnt say his effort wasnt good!

    He also said he worked extremely hard during busy season.


  • Registered Users, Registered Users 2 Posts: 7,541 ✭✭✭irlrobins


    Everyone works hard in busy season.

    Look, my reading of that quoted text is that it sounds like he didn't give it his best effort. But if he had known that he was at risk of being made redundant then he would have.

    Wrong attitude imo.


  • Registered Users, Registered Users 2 Posts: 20,475 ✭✭✭✭Cyrus


    lolly.o wrote: »
    You are a pure example of a Big 4 brainwashed trainee who thinks that they are so much better than every other accountant in the country. But look at it this way - the Big 4 name might be worth something on your CV but put two newly qualifed accountants in the same job, one from the Big 4 and one from a small practice and I'll guarantee you that the one who trained in a small practice will have a much better more well rounded knowledge of auditing and they will be much more flexible to the type of work that they are able to do.

    better knowledge of auditing, in a small practice, very doubtful, limited exposure to ifrs, no exposure to plcs

    better knowledge of basic accountancy and tax maybe, maybe not.

    also, and you know this yourself, put your two accs together one big4, one not, the big 4 trained person is generally advantaged before the interview even starts.

    I feel so hard done by as i worked very hard during the busy season and now that our department is quiet i am let go, i feel so bitter about it ,that it is hard to motivate yourself to study for the exams. A few people were let go but the majority were kept on. I must admit that my performance was not great but i didnt know that i would of being made redundant/sacked.


    What has the world come to where even the most recession proof industry has so few jobs to offer. I was attracted to accountancy by the big salary aka 50k+ after u qualify (3-3.5 years) job security and the global recognition it holds.

    sorry but from reading the above it sounds like you thought you could sail through your contract and pick up a nice 50k + job at the end, i.e. that you made it by getting your training contract.

    also you say you performance wasnt great, why the shock at being let go then? either you arent trying hard enough or the job doesnt suit you.


  • Closed Accounts Posts: 45 jaaavaaa


    Yes, I would imagine that being one of very few let go from a big 4 firm mid-contract will put you at a huge disadvantage in applying for any firm. I just can't see how you'd put a positive spin on it in an interview.

    However I think what will really let you down in an interview is that disgusting elitist attitude. If an interviewer in a small-medium firm gets the impression that you think you're too good to work for them, that you're "lowering yourself" to that level, why the hell would they hire you? Particularly when there's plenty of enthusiastic young graduates out there with much better aptitudes and attitudes.

    Speaking as someone from - shock horror - an I.T., who is starting my training contract with a big 4 firm in September, I can only hope I never end up with a despicable snobby misguided attitude like yours.


  • Registered Users, Registered Users 2 Posts: 30 ellips


    Oh god, I had to laugh out loud at the OP's agony!!! This has to be made up!!!
    After a few years in the real world i bet he himself would laugh too at how far stuck up his own arse he really was on that sunny day in 2009.
    Getting the boot now is probably the best thing for you and those who you worked with or would have ended up working with. I mean who wouldn't laugh at someone who starts off a training contract with the attitude that all they really need to do is pass the time till the 3 years are up and the 50k+ salary will just be handed over on a silver plate and the bliss begins! You really think you deserve it? Even though you admit yourself that you were s#!+ at the job? Poor guys who would have ended up with you!
    Maybe you should take a bit of time off and let the youthful naivety grow out of you before you start off with interviews. Or maybe you should give up the idea that you should get a job altoghether, cos be honest about it - nobody deserves you, all jobs in this world are beneath your level really....


  • Closed Accounts Posts: 2 cfa>aca


    After reading some earlier responses, i can see that working in a small firm has its advantages but the big four name carries a lot of weight

    Its like why have cotton when u can have silk, why pick UCD when u can have someone from TCD and why pick someone from DIT than someone from UCD with similar grades.

    Its sounds snobby but that the way i always thoughts things worked. If jobs are scarce well then employers only want the best. You need to be good to get into big four nearly anyone can get into small firm.

    Maybe my view was very elitist but this view i had of the world has shaped my outlook on life. Now to be honest i feel disgraced i feel that i have fallen from the pinnacle of the best accountancy has to offer Commerce , MACC, UCD , Big four and have to go into a small firm now. I feel so ashamed

    I feel like im one of those now, people in small firms and really hope i can start to see the advantages of being in a small firm, buts its diffucult, hence i constantly feel very down about myself and negative about my future career prospects.

    What will i say at the interview that i was let go from big four, this will look very bad! I wonder will my 19 months big four experince count for something at least.

    Any advice or points that small firm is better than big four would certinaly cheer me up!!! Im trying to counteract this negative thinking with postives but its difficult at best.

    Is anyone else feeling the despair of being let go by the big four and having to find work now in this terrible jobs climate?

    First of all I would like to say I have done ACA but I didnt attend one of the Irish universities - second point is TCD accountancy course is not even up close to UCD commerce - offers no CAP 1 exemptions even - judging from the market place DCU offer the top accounting course in Ireland so you need to re-edit your post

    Refer to my above point on how Commerce is not the top accounting course in Ireland - this is an unbiased opinion since I did not attend any uni in Ireland

    In a previous post you stated you were attracted to accountancy for the ''big'' salary of 50k a year? I think its good you got let go you can now take a look at other careers in which you can earn a big salary take for instances the CFA qualification - before the downturn the average salary of a person CFA qualified was $500,000 in the States - tell me how accountants large salaries compete with that?


  • Registered Users, Registered Users 2 Posts: 3,841 ✭✭✭Running Bing


    cfa>aca wrote: »
    First of all I would like to say I have done ACA but I didnt attend one of the Irish universities - second point is TCD accountancy course is not even up close to UCD commerce - offers no CAP 1 exemptions even - judging from the market place DCU offer the top accounting course in Ireland so you need to re-edit your post

    Refer to my above point on how Commerce is not the top accounting course in Ireland - this is an unbiased opinion since I did not attend any uni in Ireland

    In a previous post you stated you were attracted to accountancy for the ''big'' salary of 50k a year? I think its good you got let go you can now take a look at other careers in which you can earn a big salary take for instances the CFA qualification - before the downturn the average salary of a person CFA qualified was $500,000 in the States - tell me how accountants large salaries compete with that?

    Probably due to the fact TCD dont do an accounting course.

    P.S. I imagine an IP muppet check could well throw up some interesting results on that post.


  • Closed Accounts Posts: 2 cfa>aca


    Since the first poster was referring to accounting and included TCD I presumed it would be taken that I was referring to their accounting related course - sorry for the confusion?


  • Closed Accounts Posts: 459 ✭✭Bren1609


    I think we have a troll in our midst. The OP is obviously a wind up merchant, he's only got 2 posts and probably posting under pseudo name of someone he doesnt like.


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  • Closed Accounts Posts: 1,115 ✭✭✭Johnnnybravo


    After reading some earlier responses, i can see that working in a small firm has its advantages but the big four name carries a lot of weight

    Its like why have cotton when u can have silk, why pick UCD when u can have someone from TCD and why pick someone from DIT than someone from UCD with similar grades.

    Its sounds snobby but that the way i always thoughts things worked. If jobs are scarce well then employers only want the best. You need to be good to get into big four nearly anyone can get into small firm.


    Maybe my view was very elitist but this view i had of the world has shaped my outlook on life. Now to be honest i feel disgraced i feel that i have fallen from the pinnacle of the best accountancy has to offer Commerce , MACC, UCD , Big four and have to go into a small firm now. I feel so ashamed

    I feel like im one of those now, people in small firms and really hope i can start to see the advantages of being in a small firm, buts its diffucult, hence i constantly feel very down about myself and negative about my future career prospects.

    What will i say at the interview that i was let go from big four, this will look very bad! I wonder will my 19 months big four experince count for something at least.

    Any advice or points that small firm is better than big four would certinaly cheer me up!!! Im trying to counteract this negative thinking with postives but its difficult at best.

    Is anyone else feeling the despair of being let go by the big four and having to find work now in this terrible jobs climate?


    Brian First of all I would like to wish you all the worst in finding a new job. I also hope that the shame of collecting the jobseekers isnt too much for you to cope with. Im shure it wont be anything like the shame of working in a small frim while wearing those Fred Perry shirts that look much better at your desk in your Big 4 office with your UCD Degree on the wall. I would absolutely love to find where you have an interview or better still email this thread to every accountancy frim in the country. You think a job in a small firm is beneath you, you clearly do not have one iota of cop. I`ll give you a little bit of a advice will I, the job you will be doing in a small firm is the exact same as what you did in the big four, just to clarify for you they are all "firms of accountants" although I say you would be more suited to a role on the apprentice .....all talk and no skill is what I mean by that incase you need it spelling out to you. Also Brian Id just like to let you know I am a fully qualified accountant, I did my degree at an IT Oh the shame! and I worked with 2 big 4 names and 2 smaller firms, ps I am ACCA qualified nothing to be sniffed at. In my experience I was pidgeon holed in the Big 4`s. But you are exactly the kind of junior I would love to take under my wing. Heres hoping I see your cv soon. " The despair of getting go by a big four" god you really are a pompous git!


  • Closed Accounts Posts: 16 swaaaa


    you went to an IT????I'm surprised you ever got near a big four
    :D


  • Closed Accounts Posts: 1,115 ✭✭✭Johnnnybravo


    swaaaa wrote: »
    you went to an IT????I'm surprised you ever got near a big four
    :D


    I didnt have the money for a university, did have the ability for the roles I got though.


  • Closed Accounts Posts: 459 ✭✭Bren1609


    I didnt have the money for a university, did have the ability for the roles I got though.

    I thought university was free?


  • Closed Accounts Posts: 1,115 ✭✭✭Johnnnybravo


    Well I went to WIT, It wasnt an option for me to move to Dublin, Cork, Galway or Limerick money wise so thats what I mean by I didnt have the money to go to a university. Absolutely nothing wrong with the education that I got in WIT anyway and I would fully recommend their degree course. I sound like Im on commission for them ;) Got the full exemptions which was great as at the time a lot of other colleges were not offering the external audit exemption.


  • Registered Users, Registered Users 2 Posts: 412 ✭✭Hackysack


    swaaaa wrote: »
    you went to an IT????I'm surprised you ever got near a big four
    :D

    I went to DIT and most of my accountancy class in college is currently working within the Big Four. Our course had us do work placement, so that must have worked in our favour. *shrug*


  • Closed Accounts Posts: 5 Brian.Stephens


    Brian First of all I would like to wish you all the worst in finding a new job. I also hope that the shame of collecting the jobseekers isnt too much for you to cope with. Im shure it wont be anything like the shame of working in a small frim while wearing those Fred Perry shirts that look much better at your desk in your Big 4 office with your UCD Degree on the wall. I would absolutely love to find where you have an interview or better still email this thread to every accountancy frim in the country. You think a job in a small firm is beneath you, you clearly do not have one iota of cop. I`ll give you a little bit of a advice will I, the job you will be doing in a small firm is the exact same as what you did in the big four, just to clarify for you they are all "firms of accountants" although I say you would be more suited to a role on the apprentice .....all talk and no skill is what I mean by that incase you need it spelling out to you. Also Brian Id just like to let you know I am a fully qualified accountant, I did my degree at an IT Oh the shame! and I worked with 2 big 4 names and 2 smaller firms, ps I am ACCA qualified nothing to be sniffed at. In my experience I was pidgeon holed in the Big 4`s. But you are exactly the kind of junior I would love to take under my wing. Heres hoping I see your cv soon. " The despair of getting go by a big four" god you really are a pompous git!

    Hi Johnny Brave, from reading your post u seem to be real annoyed at me, i cant see why, all i was doing was opening myself up to what i was thinking, and giving my personal opitions on the terrible economic climate we find ourselves in.

    My post was simply pointing out that when jobs are scarse employers generally try and pick the best people for the job!! For example would you rather pick a guy who did accounting in UCC got 500+ points in leaving cert and got first class honours or some guy who went to Cork IT got 350 points in leaving and got 1st class honour. The choice is pretty obvious dont you think. The reason why people go to IT is because theu dont a stong enough leaving cert to get into univerities. Why else would u go to WIT, i think the points for that accounting course is about 335 points to get into accounting in WIT, as i would say 'they would let any body in'

    To get 335 is pretty easy i think any body can get that score, while getting 485 to do accounting in cork is much harder!! Just look at the statitics on leaving cert point only about 25% people get 400 points or more , and about 10% getting 500 or more!!!

    So in saying that , no wonder your grubling, u never made it into the big four so your very jeolous of everyone else who are in the big four. All u can do i say ur doing the same job, yes in essence u are , but surely the course in WIT is jus as good as the one in UCD, I dont think so!!!

    Im surprised u got into big four afterwards with a degree from WIT!


  • Closed Accounts Posts: 451 ✭✭seven-iron


    Im surprised u got into big four afterwards with a degree from WIT!

    suprised? i dont know what kind of igloo you were living in the last while but big 4's like to have a diverse intake and not just business graduates from ucd.
    and the a/cing course in wit in my view is superior than business in ucd. afterall ucd dont do audit or only 1 semester of tax. where most IT's do two years of each. you can have your bcmm because at the end of the day, all they are are stepping stones and its up to the individual to achieve something. if you let a piece of paper define who you are you need to look in the mirror and ask yourself some serious q's


  • Closed Accounts Posts: 1,743 ✭✭✭MrMatisse



    So in saying that , no wonder your grubling, u never made it into the big four so your very jeolous of everyone else who are in the big four. All u can do i say ur doing the same job, yes in essence u are , but surely the course in WIT is jus as good as the one in UCD, I dont think so!!!

    Im surprised u got into big four afterwards with a degree from WIT!

    :rolleyes:


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  • Registered Users, Registered Users 2 Posts: 372 ✭✭JD1763


    And yet, you're the one who got sacked from a Big 4 not him - go figure.


  • Closed Accounts Posts: 5 Brian.Stephens


    JD1763 wrote: »
    And yet, you're the one who got sacked from a Big 4 not him - go figure.

    I know i did, but ur missing my point.... if u read the psot again im sure u will pick up the more salient points...


  • Banned (with Prison Access) Posts: 21,981 ✭✭✭✭Hanley


    I know i did, but ur missing my point.... if u read the psot again im sure u will pick up the more salient points...

    Despite your amazing LC, the great college you went to, and your superior attitude, you still got fired?


  • Registered Users, Registered Users 2 Posts: 412 ✭✭Hackysack


    I heard the Big Four only hire people based on the exam they did when they were 16-19.


    True story.


  • Registered Users, Registered Users 2 Posts: 2,734 ✭✭✭Newaglish


    My post was simply pointing out that when jobs are scarse employers generally try and pick the best people for the job!! For example would you rather pick a guy who did accounting in UCC got 500+ points in leaving cert and got first class honours or some guy who went to Cork IT got 350 points in leaving and got 1st class honour. The choice is pretty obvious dont you think. The reason why people go to IT is because theu dont a stong enough leaving cert to get into univerities. Why else would u go to WIT, i think the points for that accounting course is about 335 points to get into accounting in WIT, as i would say 'they would let any body in'

    335 points is the entry requirement, it's not a limit.

    Also, I'm guessing your 500+ points didn't include your grade in English.


  • Closed Accounts Posts: 232 ✭✭DTrotter


    Hi Johnny Brave, from reading your post u seem to be real annoyed at me, i cant see why, all i was doing was opening myself up to what i was thinking, and giving my personal opitions on the terrible economic climate we find ourselves in.

    My post was simply pointing out that when jobs are scarse employers generally try and pick the best people for the job!! For example would you rather pick a guy who did accounting in UCC got 500+ points in leaving cert and got first class honours or some guy who went to Cork IT got 350 points in leaving and got 1st class honour. The choice is pretty obvious dont you think. The reason why people go to IT is because theu dont a stong enough leaving cert to get into univerities. Why else would u go to WIT, i think the points for that accounting course is about 335 points to get into accounting in WIT, as i would say 'they would let any body in'

    To get 335 is pretty easy i think any body can get that score, while getting 485 to do accounting in cork is much harder!! Just look at the statitics on leaving cert point only about 25% people get 400 points or more , and about 10% getting 500 or more!!!

    So in saying that , no wonder your grubling, u never made it into the big four so your very jeolous of everyone else who are in the big four. All u can do i say ur doing the same job, yes in essence u are , but surely the course in WIT is jus as good as the one in UCD, I dont think so!!!

    Im surprised u got into big four afterwards with a degree from WIT!

    Truely wow, Athlone has a great accounting course which I guarantee sets you up for exams better than universities.
    Also I don't think a small firm audited Anglo Irish Bank.


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  • Closed Accounts Posts: 6,029 ✭✭✭Pisco Sour


    Big 4, Small 4, why does it matter. In the end of the day its the same stuff you do in all of them, and its all boring and all pure utter crap.

    My two cents!


  • Registered Users, Registered Users 2 Posts: 372 ✭✭JD1763


    I know i did, but ur missing my point.... if u read the psot again im sure u will pick up the more salient points...

    Thought if I kept it simple and to one line you'd 'get it' - oops, I assumed too much.

    Besides trying to read your badly composed and mis-spelled posts gives me a headache. Can you summarise in 10 words or less please?


This discussion has been closed.
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