Useful tips

How many hours do you work at a big 4 accounting firm?

How many hours do you work at a big 4 accounting firm?

Busy season is typically 70-80 hours a week, quarterly reviews are 45-50 hours a week and the majority of the rest of the year is 40-45 hours a week. Deloitte: 55 on average but this varies a lot depending on how my project is going.

How many hours do Big 4 partners work?

I’ve found that Seniors and Partners at most firms will put in around 60 hours a week, but will tend to put in the extra hours out of the office. They’ll leave the office in the evening and focus on their non-work priorities, but will pick up work again at night and on the weekends.

How many hours do accountants work during tax season?

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On average, accountants work 50 to 70 hours a week during tax season, although anecdotally many professionals can (and do) work longer hours. And the late nights aren’t restricted to the month prior to tax deadline – rather, most firms will admit that the long hours start from January up until mid April.

Is working at Big 4 prestigious?

Like Goldman or J.P. Morgan in banking, the Big Four are prestigious firms that look good on any accountant’s resume. They are climbing the ranks with their consulting businesses, too.

Is being a partner at Big 4 worth it?

Making partner at a Big 4 firm is appealing to many because of the perceived status, undoubted financial rewards, and an endorsement of one’s skills and experience in the accounting profession. Also as a partner, one becomes a business owner and can influence how the firm is run.

How long is busy season for accountants?

Aside: For anyone asking, “when is audit busy season,” the audit busy season dates are typically from January to March. But tax season for accountants extends all the way into April 15th. But you already know this; you’re living it.

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Do accountants get weekends off?

Accountants working for a large company with an accounting department generally don’t work weekends. Independent or small firm accountants likely work late and weekends the first two weeks in April, the end of March, and the first two weeks in October. These are the major tax filing deadlines.

How much do partners at Big 4 accounting firms make?

Big 4 partners make on average about $450,000 a year. This includes junior partners all the way up to the head honchos. If you work in a small office, you can expect to earn less than $400,000. Additionally, you might not ever pass $400,000 in a small office if you never move up in leadership.

Should junior auditors work at the Big Four or the small four?

There are benefits of working at the big four for junior auditors, however. “There’s not many jobs where, within 12 months of finishing uni, you’re sitting in a meeting with a financial controller who is listening to you,” Ms Hourigan said. “And then with the social side, it feels like an extension of university.

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How much do junior auditors get paid?

Professor Guthrie said the long hours worked by junior auditors raised similar concerns. “If you look at the start-up salary, these grads are getting about $50,000, so working a 37.5 hour week they end up with about $25 an hour, which is the basic wage.

How many hours do public accounting auditors work per week?

Public accounting audit and tax can both be lumped together with regard to hours because it really just depends on the office and the clients you get staffed on. I would say on average (using historic chargeability reports) that the average week in big 4 audit or tax is 55 hours.

Are junior staff hours becoming increasingly unacceptable?

Both they and King & Wood Mallesons were investigated by workplace regulators over junior staff hours last year. Corporate firms are taking note that these hours are increasingly unacceptable, and students are increasingly prioritising culture and rejecting the idea long hours are unavoidable when selecting their workplaces.