Big 4 Accounting Firms Podcast: Accounting Career Tips and Accounting News

Millennials Are Taking Over Accounting 0

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Oct 27, 2017

In today's episode we cover how millennials are now the largest generation in the workforce. Millennials are very unique people and exhibit certain traits that might annoy older generations. Find out what traits might annoy those older generations.

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KPMG Ignites New Artificial Intelligence Solution 0

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Oct 26, 2017

KPMG has developed a new artificial intelligence solution called KPMG Ignite. The solution is a suite of tools and technologies that will help clients analyze data. This data could be financial statement data or it could be unstructured text.

Artificial intelligence is the practice of employing advanced analytical techniques and algorithms to train computers how to use data from a wide variety of sources and formats to accelerate, automate, and augment decisions that drive growth and profitability.

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Will Technology Replace Accountants? 0

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Oct 25, 2017

In today's podcast we discuss the possibility of accountants being replaced by technology like machine learning or artificial intelligence. Is it possible for technology to replace accountants completely? Learn the answer in today's podcast.

To learn more about technology visit our website where we provide recommendations to reading materials that have detailed information on relevant technology to the accounting industry:

https://big4accountingfirms.com/recommended-books/

To hear our prior podcast about Deloitte's new solution make sure to listen at:

http://big4accountingfirms.libsyn.com/deloitte-develops-groundbreaking-audit-software

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Deloitte Startup Develops Groundbreaking Audit Software 0

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Oct 24, 2017

Deloitte has developed new audit software labeled Auvenir. They will begin offering this audit software to smaller audit firms in order to help them audit.

This is not Deloitte technology but is instead software developed by a company started within Deloitte. This software will help smaller accounting firms in workflow and automation of audit processes.

To see where deloitte ranks in the big 4, visit the following link

https://big4accountingfirms.com/big-4-accounting-firms-ranking/

To learn about Deloitte's acquisition of a marketing firms, visit the following page.

http://big4accountingfirms.libsyn.com/deloitte-heats-things-up-by-going-digital

To learn more about the Deloitte cyber attack visit the following page

http://big4accountingfirms.libsyn.com/deloitte-cyber-attack

To learn about Deloitte's 2017 financial report visit the following page

http://big4accountingfirms.libsyn.com/deloitte-2017-revenue

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Big 4 Accounting to Financial Analyst 0

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Oct 23, 2017

In today's podcast we discuss whether it is possible to transition from the big 4 accounting firms to a role as a financial analyst.

To listen to our previous podcast about going to finance from the big 4 visit the following link.

https://big4accountingfirms.com/the-blog/transitioning-big-4-finance-consulting/

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https://www.payscale.com/research/US/Job=Auditor/Salary/ac4e7322/Entry-Level

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Tax Vs Audit Salary 0

Oct 20, 2017

Who earns more money in the big 4 accounting firms? Tax accountants or auditors?

We got our tax vs auditor salary information from the following pages:

https://www.payscale.com/research/US/Job=Tax_Accountant/Salary

glassdoor.com

Is audit or tax better? Visit the following page to find out.

https://big4accountingfirms.com/the-blog/difference-audit-tax-accounting/

To see how the audit profession growth is not as good as tax revenue growth make sure to visit our revenue pages below.

https://big4accountingfirms.com/the-blog/pwc-revenue-2017/

https://big4accountingfirms.com/the-blog/deloitte-revenue-2017/

https://big4accountingfirms.com/the-blog/ey-revenue-2017/

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https://big4accountingfirms.com/the-blog/difference-audit-tax-accounting/

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Audit Vs Tax at The Big 4 0

Oct 19, 2017

Which practice is better for you, Audit or Tax? Today we will be covering the pros and cons of working in audit or tax accounting at the big 4 accounting firms.

Visit our website to learn more about choosing between audit and tax

https://big4accountingfirms.com

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https://big4accountingfirms.com/the-blog/travel-requirements-in-the-big-4/

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Travel in the Big 4 0

Oct 18, 2017

Today we are going to discuss travel in the big 4 accounting firms and what impacts how much big 4 professionals have to travel. What are the travel impacts of working in audit, tax or advisory in the big4?

To learn the clients of the big 4 accounting firms visit the following pages.

https://big4accountingfirms.com/deloitte-audit-clients/

https://big4accountingfirms.com/ernst-and-young-clients/

https://big4accountingfirms.com/kpmg-audit-clients/

https://big4accountingfirms.com/pwc-audit-clients-list/

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The Importance Of Focus At Work 0

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Oct 17, 2017

In today's episode we discuss our latest book recommendation that will help you stay focused at your big 4 job and in other areas of your life.

Visit the link below to find a page where you can find all of our book recommendations including the book mentioned in this podcast.

https://big4accountingfirms.com/recommended-books/

Make sure to check out both of our books in the amazon book store at

Big 4 Interviews questions

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Let's Help Tina Frost Fellow Big 4 Accountant 0

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Oct 16, 2017

In today's episode we are going to cover ways to help Tina Frost who is a fellow big 4 accountant that was injured in the Las Vegas shootings that occurred in early October.

She suffered a major head injury and was in a coma.

She is only 27 and works at E&Y San Diego. There are 2 ways to help her that we know of. The links are included below.

Link to the gofundme page for Tina Frost

https://www.gofundme.com/mary-watson-moreland

Email where you can send encouraging messages to Tina Frost

SmileyT123frosty@gmail.com

Make sure to check out both of our books in the amazon book store at

Big 4 Interviews questions

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Deloitte Cyber Attack News Gets Worse 0

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Oct 13, 2017

Learn about new information that has been released about the Deloitte Cyber Attack. It turns out that up to 350 clients of Deloitte might have been hacked as well as some other bad news.

Check out our past podcast on Deloitte's cyber attack.

http://big4accountingfirms.libsyn.com/deloitte-cyber-attack

To learn who Deloitte's largest clients are visit our website.

https://big4accountingfirms.com/deloitte-audit-clients/

Make sure to check out both of our books in the amazon book store at

Big 4 Interviews questions

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Top 4 Trends In Accounting 0

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Oct 12, 2017

In today's episode we are going to discuss the top 4 trends that we believe will shape the future of accounting.

The 4 trends are

1. Blockchain

2. Data & Analytics

3. Robotics Process Automation

4. Outsourcing of whole departments

Learn more about the outsourcing of GE's tax department

https://big4accountingfirms.com/the-blog/pwc-acquires-ges-tax-department/

Learn more about blockchain in accounting

https://big4accountingfirms.com/the-blog/how-blockchain-will-transform-the-tax-and-accounting-industry/

https://big4accountingfirms.com/the-blog/blockchain-big-four-accounting-firms/

Learn more about Qliksense and data and analytics

https://www.qlik.com/us/products/qlik-sense

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Big 4 Interviews questions

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Ace the CPA Exam by Learning Better 0

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Oct 11, 2017

Today we cover our book recommendation for how to learn better. To get your copy of this book visit our recommended books page.

https://big4accountingfirms.com/recommended-books/

Learn better can help any big 4 professional especially if they are studying for the CPA exam. It can help anyone studying for the CPA exam by teaching them how to learn difficult material in better ways using unique techniques. It can help them pass on the first attempt.

It can also help any big 4 candidate become technical in whatever field they want.

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Should you work for the big 4? Reasons for and against working for the Big 4 0

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Oct 10, 2017

Should you work for the big 4 accounting firms? There are advantages and disadvantages to working for the big 4. Learn what they are in this podcast.

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Big 4 Ranking and Revenue Update 2017 0

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Oct 9, 2017

PwC just reported their 2017 revenue numbers. Prior to PwC reporting their revenues, EY and Deloitte also reported their revenues. Where do they all stack up against each other in terms of revenue and number of employees as of October 2017.

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PwC Revenue 2017 0

Oct 6, 2017

PwC earned $37.7 billion in revenue in 2017. They also had over 236,000 employees at the end of their 2017 fiscal year. We predicted the exact amount of revenue in a prior podcast (see link below).

This makes PwC the second largest accounting firm in the world behind Deloitte as Deloitte earned $38.8 billion in revenue in 2017.

To check out the details behind PwC's 2017 revenue number visit our site

To check out our podcast where we predicted PwC's 2017 revenue number visit this link

http://big4accountingfirms.libsyn.com/pwc-kpmg-2017-revenue-projections

To check out our coverage of PwC's acquisition of Ge's tax department visit this page:

https://big4accountingfirms.com/the-blog/pwc-acquires-ges-tax-department/

Make sure to check out both of our books in the amazon book store at

Big 4 Interviews questions

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KPMG's South Africa Troubles Get Worse 0

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Oct 5, 2017

KPMG's trouble in South Africa have gotten worse if you can believe that. They are losing more clients and incurring more investigations.

First the independent regulatory board for auditors has started an investigation into KPMG.

The audit by the IRBA in south Africa isn’t he only investigation she is dealing. She also has to deal with an investigation by KPMG international and an investigation from the south African institute of charted accountants.

In addition to multiple investigations KPMG South Africa’s new CEO will also have to deal with the loss of more clients. KPMG has lost additional clients in south Africa over the past week.

Munich Re dropped KPMG in Africa as their auditor. This was just announced on October 2, 2017. Munich RE is one of the largest reinsurance companies in the world. This comes after many other firms in south Africa have already fired KPMG as their auditors. The reserve bank in Africa has cautioned companies from firing KPMG as they are one of only 4 large audit firms remaining in the world.

Additionally, the south African parliament said that they are cutting ties with KPMG as well. KPMG audited the governments medical plans. This isn’t the only thing they might lose from the parliament. Parliament said they are reviewing other work performed by KPMG as well.

Listen to our past podcast about KPMG South Africa's troubles.

https://big4accountingfirms.com/the-blog/kpmg-south-africa-scandal/

You can also listen to our podcast where we discuss what it would like if the big 4 firms went out of business:

http://big4accountingfirms.libsyn.com/what-would-the-world-be-like-without-the-big-4

Make sure to check out both of our books in the amazon book store at

Big 4 Interviews questions

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Deloitte Finds Blockchain Solution at Sea 0

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Oct 4, 2017

In today's episode we cover some news about Deloitte.

First we provide an update on the hack of Deloitte's email systems that occurred in September of 2017. We discuss how Deloitte employees copy and pasted private information on public websites for hackers to see.

Second we discuss a new blockchain solution that Deloitte has created along with a business partner DNV GL. Deloitte utilized their European blockchain lab to come up with a solution that utilizes blockchain to record inspections of seagoing vessels.

To check out our recommended book for blockchain, make sure to visit

https://big4accountingfirms.com/recommended-books/

Past podcast on blockchain

http://big4accountingfirms.libsyn.com/blockchain-in-the-tax-and-accounting-industry

Our website for blockchain in tax & accounting:

https://big4accountingfirms.com/the-blog/how-blockchain-will-transform-the-tax-and-accounting-industry/

Make sure to check out both of our books in the amazon book store at

Big 4 Interviews questions

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Big 4 Accounting Firms Recruiting guide

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https://www.linkedin.com/company/big4accountingfirms

Accountant Wreaks Havoc In Las Vegas 0

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Oct 3, 2017

As you most likely have heard, an accountant named Stephen Paddock went crazy on the Las Vegas strip on October 1, 2017. It is the largest mass shooting in US history.

He was a retired accountant.

He killed over 50 people in the massacre. We discuss how mental health might have played an issue and how to improve your mental health if you work in accounting. It's important to take care of yourself and others to try and prevent tragedies like this from happening in the future.

#accountants4change

Make sure to check out both of our books in the amazon book store at

Big 4 Interviews questions

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Big 4 Accounting Firms Recruiting guide

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https://www.linkedin.com/company/big4accountingfirms