Wednesday, September 30, 2009

Applying for a Job? Clean Up Your Social Networking Site First

Are you looking or applying for a job? Have a Facebook, MySpace or even a Friendster account? Think these two questions are not related? Better think again.

Just recently, I chanced upon this video in youtube.com. It basically shows that nowadays, employers are becoming more and more tech-savvy and are starting to look into the internet for possible information on job applicants and even current employees. The video basically says one thing: “Employers are in the Online World, Watching”.

But then again, some people like (even love) to point out that this is unethical or even, illegal, that employees can’t do that and that their social networking sites are just meant for socializing and in no way should affect their careers or job performance. I beg to differ but my reasons are another story. Suffice it to say that whether this is illegal or not, it is being done and it is being done more and more frequently. In fact, part of the recruitment processes of some employers involves going online to search for the applicant’s name and to look at their sites. Illegal? Maybe. Unethical? Perhaps. Dangerous (for the applicant)? Definitely, YES.


So, before you go out there and start submitting your resumes and making yourself available for interviews, make sure that you consider your online presence through your social networking site. If you do not have a Facebook or MySpace account (yet), here are some tips to consider before establishing your online networking site:


Have the right mindset. Always, always bear in mind that in the Internet, almost everything is available to the public. Think twice, thrice or even a hundred times before posting anything that can reflect negatively on you. Is the language you are using obscene? Are you going to post nude or semi-nude photos? Do you think your post will be considered lewd or racial or discriminatory? If you think what you’re going to post will cast doubts on your character, don’t post it. Better to be safe than sorry.


Make It Private. I can just hear you say, “WTF! Are you kidding me? What do you mean I can’t post these stuff? It’s my site!” Okay, okay, settle down. If you truly can’t help yourself, adjust the privacy settings of your networking site. These settings are available for like Facebook. You just have to click the privacy option that you want (like “only my friends”) and limit the viewing of your profile to several types of people. But I might as well warn you, if your “friends” actually include your potential employer or somebody who is already working for that employer, setting the privacy option will not really do a fine job in shielding you from your prospective employer.


The above are good if you do not have a social networking site yet. But then again, you might already have one. If you have one already, check your site. Go through it with a critical eye and take out anything you think is negative or will prove disadvantageous for you. Remove pictures that you think are inappropriate (as you say, this is your site, you have a right to this one). Clean up your profile, your picture, your language and everything else (like cleaning up your act, but this time, it’s your online act). Better yet, google your name and find out if there’s anything negative about you. If you find one (even if it’s not in your Facebook or MySpace account), look for ways to remove it. Do this regularly until you’re assured that your online presence is how you want to project yourself to the world out there. Best of all, always be prepared to defend yourself just in case there is still anything out there that can “dirty” up your image.

I hope the above helps. Drop me a line what you think about employers looking into social networking sites. Good luck with your job application!

Monday, September 21, 2009

10 Habits That Will Make You Fail in Accounting (Part II)


Less than 24 hours ago, I published the first five habits why students fail in accounting. Here are the next five habits:

6. Procrastinating / Doing Last Minute Work. This may be an offshoot of number 5 but it can also be a poor habit all by itself. Waiting until the night to study for the next day’s exam or finishing the assignment or project an hour before the deadline is not a good habit to indulge in. Add to this is the fact that there are just simply a lot of distractions in a student’s life today. Distractions such as updating the Facebook account or playing online games the whole day abound so a student must really stay focused and concentrate on his or her studies. Otherwise, everything will just be for nothing.


7. Not Following Instructions or Directions. There’s this one time I gave a quiz where my students only have to answer true or false. Fairly easy right? Not so for one of my students who flunked the quiz. Why? Because, instead of answering true or false, she answered something else. Frankly, I thought she should have her head examined. But then again, not following instructions is a trait a lot of students possess. They go ahead with answering the exam or the assignment without giving serious thought or fully comprehending the instructions. The results? Failing the exam or the assignment, or worse, the subject itself.


8. Not Participating in Class. I know there are really shy people out there who can’t participate in their class no matter how they try. But active participation is actually a must to get your teacher to notice you plus it can contribute to getting a higher grade for you (as I assume this is one of the components of the grading system). Besides, if you know you’re going to participate, you’re going to double your effort in understanding the topic and the subject-matter, right?


9. Mind-Blocking / Negative Thinking. This one is really important, especially for an accounting subject. One student I flunked from the subject always had a frown in her face whenever I discuss accounting. In addition, I sometimes hear her saying “it’s hard” or “I can’t understand”. Is it just me or is she really setting herself up to not understand what I’m teaching her? In accounting (or any subject for that matter), one key to learning is to open yourself up (and your mind) to the ideas and the topics. I mean these are ideas that you did not hear in high school, right? They’re entirely new. So you have to keep an open mind and an open attitude to learning new things. If you say you can’t understand, chances are you will never understand the subject. True enough, that student of mine was one of those who did not pass my subject.


10. Blaming Your Teacher. I wish my students did not do this but sometimes, really, students just could not accept their shortcomings and ultimately blame their teacher for failing the subject. True, there are bad teachers. But there are also bad students. So which is really which? Did you flunk because your teacher is a bad one or did you flunk because you are the bad student? Blaming your teacher may be a good exercise for you but in the long run, who are you really kidding?


Another long blog that I just have to cut into two but I do hope you get my point. I’m pretty sure a lot of professors and teachers out there notice some (if not all of these things) plus a few more. If you’re a student and you’re reading this blog, just try to avoid these bad habits. Sometimes having good habits can spell your success in terms of passing your subjects. So good luck and see you later! Cheers!

10 Habits That Will Make You Fail in Accounting (Part I)

For the past year, I have been teaching basic accounting and business subjects to college students. I’ve been getting a reputation for being strict and giving out difficult exams (I figured I might as well have my “revenge” for all those difficult exams in college, LOL, j/k). Don’t get me wrong. One of my class already graduated (despite those difficult exams) and I was sure glad they did. But not all were fortunate to graduate. Unfortunately, I have to flunk one or two of my graduating students (further cementing my “reputation”). Can’t be helped as their results were really so down there, I can’t pull them up no matter what I do (and the school admin will like kill me if I do).


Some of my students openly wondered why I failed some of my other students. Which had me thinking, okay, why did they really fail? I mean, am I such an ogre that I am not content until I fail one or two of them =). Simple answer, NO. Another simple answer, because they did some things they shouldn’t have done and they didn’t do some things they should have done. So, for this blog, I’m not going to write about the things they should have done. There are already a lot of advices out there for this one. I’m going to write about things they shouldn’t have done and hope, really hope that the students who read this will pick up some lessons from this blog. So, read on.


1. Not Attending Class. This one can really get my goat. I mean, the subject is not really that easy (especially if this is the first time you’re taking accounting, it’s almost like a foreign language to you) and if you don’t attend it, what will you really learn? Nothing beats attending class religiously to hear and see everything firsthand.


2. Not Doing Assignments. Now this they do all the time. As if they can pass if they don’t do their assignments. Personally, I think the only way to get good results from an accounting subject is to do the exercises and assignments thrown at you by your professor or teacher. Sure you may not get the lesson in the first place, but continuous practicing by answering these problems can go a long way towards understanding accounting.


3. Not Taking Notes. Now what are you? A person with a photographic memory? Do you memorize what your teacher writes on the board or what your teacher says? Listening is a good skill by itself, but for a student in accounting, not taking down notes is tantamount to a grade suicide in the subject.


4. Relying on Other Students. Okay, you don’t take down notes, you don’t do your assignments and you don’t attend class. So what do you do? Rely on your classmates for those notes and assignments, especially when you are absent. The occasional copying of notes and even assignments is okay (especially if you have a good excuse) but doing it all the time? Not good.


5. Not Managing Time Well. I know, I know. Students have a lot of things to do. They have assignments in all of their subjects, plus their thesis, plus their case studies, plus their exams, plus everything else. Time management skills are very important to manage all these. Unfortunately, these skills are lacking in a lot of students (not only mine) and their grades or results suffer because of this.


(to be continued...)

Thursday, September 17, 2009

What’s It Like Being a Junior Auditor

I was a junior auditor twice. The first time was during my first 8 months in a Big 4 Firm. The second time was when I returned to the same firm after leaving it more than a year ago. That was in 1998 and 1999, respectively. So I can say I went through the whole routine twice. So what was it really like? More specifically, what exactly does a junior auditor do? Let me just enumerate some of them:


1. Simple account assignments – let’s face it, being the most junior in the team, you still have to feel your way around the client’s accounts, issues, hierarchy, protocols, etc., etc. To make it easier for you (and to make it easier for your senior or manager to keep tabs on you), they will assign you to simple accounts. Vouching property and equipment additions, testing reasonableness of depreciation expense, recalculating insurance expense (and the prepaid portion), updating continuing memos from last year – these are just some of those simple assignments that can be given to you. Oh and you can also be assigned to rolling over some online files from last year (after they make sure you know how to process online stuff, that is).


2. Basic trainings – chances are, the accounting firm where you’re going has its own “audit methods and procedures” and being a newly-hired auditor, you need to gain knowledge about these methods and procedures, pronto. So during your first year as a junior auditor, you will be sent to such trainings. Make the most of them, these are your chances to get free hands-on trainings where you can still make mistakes. After your training, your team will definitely be banking on you having the necessary knowledge about these methods and procedures.


3. Study permanent files and last year’s working papers / issues – one of the first thing my manager taught me was to learn everything I can about the client even before the actual audit started. So he had me borrow the permanent files and last year’s working papers so that I can study them. Permanent files can sometimes be a pain to read, especially if these are the files of long-ago audit teams. But read them you must because it is the surest way to gain knowledge about the client (not to mention you are expected to read these files). Reading last year’s working papers and assimilating the information there as well as knowing last year’s audit issues will help you gain an understanding on why things are done the way they are.


4. Be the regular errand boy / girl – Let’s face it. You’re the new kid on the block, the fresh face and the one who is, well, just simply there to be sent on errands. Photocopying, punching holes, filing working papers, dropping off confirmation letters, footing figures and balances, cross-referencing papers, etc. – these are just some of the things you might do during the course of the audit. Don’t worry, you’ll soon get the hang of it. By the time I passed the junior auditor stage, I was already a master in photocopying and filing things (which means I can do most of the stuff my junior auditors can do, lucky them).


That’s it. Only four items yet they’re packed with everything that you will do as a junior auditor.


Before I end this blog, let me just say that if you’re someone who’s going to be a junior auditor (or if you’re a newly-hired junior auditor), please don’t set your hopes too high. Don’t expect that you’ll be given the juicy assignments or the best accounts or the best client. You’re a junior auditor, for crying out loud, act (and think) like one. I’ve seen a lot of junior auditors leave the firm because they said their experience did not meet their expectations. And my reply was simply – “Are you sure it’s your experience or are your expectations just too high?” If you set these expectations too high, chances are, everything will just fall short because, hey, your team and the firm will not really adjust things for you. It will be the other way around. So good luck to you, junior auditor. Cheers!

Monday, September 14, 2009

How to Survive Your (First) Busy Season

Hi everyone! I hope you had a great weekend. Not to offend you or anything but we’re now back to the grind for another five days (six for some). It’s now the 14th of September, 45 days before the Halloween, 90 days before Christmas and 96 days before the New Year. But for a lot of accountants, CAs and Certified Public Accountants (equivalent of CAs in the US and in some other countries) in public practice, going into the ‘Ber months means only one thing. The busy season is coming! I can just hear myself and the other managers from my former Big 4 employer say, “Big deal, have gone through it, will go through it again.” But what about those inexperienced newbies, the junior auditors, the newly-hired CAs who are at the mercy of these managers? Just kidding. Seriously, if you’re a junior auditor in a Big 4 accounting firm (or any non-Big 4 accounting firm, for that matter), how will you survive your first busy season? The following are just some of my tips for surviving your first ever (and hopefully not your last) busy season.

Prepare yourself. Nothing beats self-preparation. Psyche yourself up for the busy season (like say repeatedly – “I will sleep for only 5 hours or even less every day.” – j/k). Get a haircut before January (as you may not get one again until the end of April). Arrange your things, your files, clear your desk and clear your laptop of unnecessary files (you don’t want it crashing during the middle of the busy season, right?). Stock up on essentials (just in case you won’t have time to go to the market). Best of all, prepare yourself physically by taking in your vitamins, exercising and eating healthy foods (sounds preachy, but hey, you need to have good health during the busy season).

Prepare your family. Okay, you may not exactly be living with your parents or your family. But you do know that they love to check on you once in a while. Just to make sure they will not panic and call 911 or the police if they can’t reach you, tell them beforehand what to expect. Give them your cell phone number (if you haven’t already) or your local number where they can always leave you a message. Above all, please tell them how long it will last so that they’ll know that until April, they need not worry about you.

Prepare your friends. If you’re a party animal, say bye-bye to your late nights and party-all-nighters. Tell your friends that you will be an anti-social person for four months (just four months, you can survive it, right?) and that you still appreciate them but hey, you need to work and to earn your living. Your friends will appreciate knowing that you thought to warn them first, instead of not answering their calls or always turning them down or standing them up for your night-out because you have a deadline.

Talk to the Other Auditors. Ask around. Know your clients during the busy season and ask those who handled these clients before. What was their experience like? Were there many late nights and even (heaven forbid!) overnights? Are there early deadlines? What do you need to watch out for (especially from your new partner or your new manager)? Satisfy your curiosity before busy season begins, otherwise, they may not be able to entertain you once your noses are on the grind.

Know Your Schedule (and Your Clients) Beforehand. Chances are, months before the busy season starts, your schedule and clients are already laid out. Before you can start applying Tip # 4, you, of course, must know who your clients will be during the busy season. If these are the same clients as those you have during the slack season, lucky you. If not, get down and do your research right away. It doesn’t hurt to know some things before you head off for the new client during the busy season.

Lastly, relax. Take it easy and don’t sweat the small stuff. Nobody really dies from the busy season. Unless you have a high blood pressure or a heart ailment and you eat fatty foods and you stress yourself out everyday, otherwise, you’ll do just fine. Set a “me” time (and make sure your teammates know about it). Some auditors would actually say no to a Sunday work. Others love to go home early every Friday since they know they will still come back on Saturday to work. Others just simply would stop working after 9 or 10 pm and go home. Whatever it is, choose a “me” time that will work for you and stick to it come hell or high water.

These are my tips. For those of you who have experienced the busy season, why don’t you drop me a line and tell me (and the readers) your tips. Will surely appreciate them. Ciao!

Sunday, September 13, 2009

Recruiting Tricks

Recruiting Season is just around the corner for co-ops, especially Waterloo students. Big 6 accounting firms will be visiting the University of Waterloo on September 15th for CA night. Here are a couple of tricks to distinguish yourseleves:

1) Dress your sharpest. The smartest person does not get the most attention. The best dressed person confident person does. Don’t dress inappropriately girls ;). If the event is advertised as semi-formal, dress formal. Put on your business suits. Buy a business suit if you don’t have one. Look good at all costs.

2) Don’t waste your time with HR recruiters and Partners. This is my number one rule. When I say, don’t waste your time with HR recruiters and partners, I mean don’t wait in line to get your turn to talk to them. These people will be surrounded by students trying to impress them. The key is to network with as many people as possible, not just the most important ones.

A person’s character is determined by how they treat people below them, not above them.

No one will be below you at Fall CA night. ;)

Show the same courtesy to the upper year co-op student as you do to the partner.
Never leave a conversation abruptly just to talk to someone more important.

The key to making an impression is to have lots of people talk about you.

3) Big 4 firms have been notorious for having open bar with food for recruiting events. Remember, this is a professional setting. Do not go all out with the drinks and food. Shaking someone with greasy hands is a terrible impression.

4) Have your business cards ready. It’s a big mistake to not invest in them. The more business cards you hand out, the better your night. At the same time, do not hand out business cards to people whom you barely made a connection with. This is a sign of disrespect and shows bad character on your part.

5) Invite others to the conversation. Nothing shows greater character than inviting someone into a conversation and introducing them. Never hog the person you are talking to.

6) Differentiate. Do not talk about the same boring questions like “How is it like working at Deloitte?” , “What have you accomplished with your CA designation?” , “What are some tips for getting into Big 4?”

Everyone asks these questions and it is hard to make a lasting impression. Find common interests with the person you are talking to. Build rapport. Recruiters are trained to make you feel comfortable when they talk to you. Do the same by finding interests outside work that they are comfortable talking with. They will appreciate your effort.

7) Train. Recruiting events are not “go with the flow” and “follow the rest of the crowd” You should be training on recruiting events. Practicing public speaking, practice building rapport.

8) Show professional courtesy. Never bad mouth anyone. Never bad mouth other firms.

9) You are a prospect to them. Remember, at all times, you are a prospect. Prove to them, you are worth the investment. That means “Don’t appear needy.” You don’t NEED Big 4 to hire you. You need to prove your self worth and that you are the catch.

Best of Luck in your recruiting sessions!

Friday, September 11, 2009

Everyone can comment now

Hey everyone,

Kel from Accounting Elf made a great suggestion.

Before, I limited people from commenting on blogposts unless they had a blogging platform or google userid.

Now everyone can comment. You can comment as anonymous, or just insert your name and comment away.

This should increase the amount of comments we get on our blog posts! To help us figure out what we should blog about next, please do give us comments on our blog posts.

It really does impact the direction of the blog!

Thanks Kel!

Kel runs an awesome accounting blog on CPA exam and recruiting. Be sure to check it out here.

Wednesday, September 9, 2009

IFRS – What’s In It For Me? (Part II)

In my previous blog, I wrote about the positive aspects of a Canadian college student studying the new standards (the IFRS) that will take effect in Canada in 2011. There are four positives and to even things up, below are the negative aspects of this adoption as far as a college student studying accounting is concerned:


NEGATIVE: Your college or university may find it hard to look instructors or professors who are not “capable” of teaching IFRS because of lack of a working knowledge of these standards. Don’t get me wrong, I am not questioning your professor’s capability but let’s face it, the standards as your professors studied them then are rather different from the IFRS that will be adopted in 2011. Your professors studied for a long time to fully-comprehend Canadian GAAP. With so short a time and with so many new standards to study, I’m not really sure the professors have ample time to assimilate and comprehend everything. For their sake and for the students’ sake, I hope they will gain enough expertise and knowledge on IFRS to teach them to college students such as you.


NEGATIVE: A lot of curriculum and other educational materials have inadequate amount of content regarding IFRS. This makes it difficult for students like you to get ample practice on IFRS-related problems. Although some college books (and review books) are now being revised to take into account these new standards, there may not be enough of these materials to meet the needs of the college students.


NEGATIVE: Assuming that you are already into accounting standards, you may need to shift focus from Canadian GAAP to IFRS, which is not an easy thing to do. In the first place, studying any GAAP is big endeavor; shifting from local GAAP to IFRS can be quite daunting. Mention the fact that you’re going to study all these in just a few years and you’ll really be tempted to throw up your hands and give up.


NEGATIVE: Issuances of new IFRS and improvements on the issued ones are ongoing processes. After the first general adoption in 2005, 2009 marks the year when some major improvements and new standards are issued. Fortunately (or unfortunately), since Canada has not yet adopted the IFRS, all these improvements and new standards are already integrated in the IFRS Canada will adopt by 2011. For a student, this means the learning curve for IFRS is still going up (and up and up, with no end in sight, yet).


So there you have it. The four negatives complete the second part of this blog. I hope the negatives I mentioned above don’t put you off from studying accounting and becoming CAs later on. I do hope you will focus on the positives and stay on track to become an accountant (and a CA) someday. Don’t worry about these changes; these are really part of our profession. Dynamism is what keeps the accounting profession (and any profession for that matter) alive. If you need any help about IFRS or if you’re starting to bang your head against the wall (figuratively, I hope), just drop me a note. Till then, good luck!

Sunday, September 6, 2009

IFRS – What’s In It For Me? (Part I)

Ok, let’s face it. One of the biggest (if not the biggest) thing that can actually happen to our profession right now is the adoption of the International Financial Reporting Standards, better known as the IFRS. More than 100 countries have already adopted these standards. For the US, this has become a big, BIG issue (even the date of integration is not yet final). For Canada, now on the verge of adopting these standards, the race is on for the conversion. The target date is January of 2011, barely a year and half from now, for publicly-accountable enterprise. The official announcement was made in 2008. Now don’t get me wrong, but I’m not really sure three years is enough time for any company (whether big or small) to completely comprehend and adopt these standards. Heck, even those countries that adopted IFRS in prior years had about 5 years to prepare and even then, I don’t think any company from these countries can really claim that they fully understood these standards.

The adoption of the IFRS has affected a lot of people. Regulators, professionals, the CEOs, the CFOs, auditors, etc. – all these were (and still are being) affected. But for this blog, I’m focusing on the college students who are taking up accounting (and who plan on becoming CAs someday). I mean, poor you having to study something new =). Just kidding. I’m not trying to frighten you away (don’t shift to another course, okay?). Rather I want to dedicate this blog to these college students and basically answer one question that I know these students are asking themselves – IFRS, what’s in it for me? The answer? Plenty. So let me just enumerate some of these. They can be positive and they can also be negative. The positive will give you a chance to rejoice. The negative? Let me delay the answer (and those negative points) in my next blog.

POSITIVE: You will get to learn internationally-accepted standards, which means analyzing and comprehending financial statements of companies from both Canada and other IFRS-compliant countries will become much easier for you. It will also mean that seeking employment in other countries will be a breeze.

POSITIVE: You will learn how to solve accounting problems (based on IFRS) in the relative safety of your classroom. Believe me, making mistakes is a lot easier when you are still students than making these mistakes when you are already out there and working. The worse you can experience in college is flunking your subject; when you’re out there working, the worse is that you can get fired.

POSITIVE: There are already a lot of resources available both offline and online. Resources in the Internet are already piling up and you can have a lot of information in your hands by just going online. The same thing can’t be said five years ago. Also, Canada has the advantage in terms of learning from the experiences and learning curves of the other countries that already adopted the IFRS. These experiences are also found in these resources and can make for very enriching lessons for all concerned.

POSITIVE: Various programs to infuse IFRS in college curricula have already been launched by Big 4 firms making it easier for the various colleges and universities to integrate IFRS in the accounting subjects. Of all the entities that are applying the IFRS, I can easily say that the most resources are with the Big 4 (other than the IASB, that is) because of their international affiliations and groups focused on IFRS and its adoption.

These are the positive aspects of the IFRS for you, college students. I hope you do agree on these aspects. Do watch out for the negatives in my next blog.

Wednesday, September 2, 2009

Big 4: 6 Reasons Why I Stayed As Long as I Did

A few days ago, I published a blog on how you’ll know you’re meant to work for a Big 4 firm. One of the comments / questions I received from that blog is why I stayed for 8 years. Hmmm, good question. Why did I stay for 8 years?

Before I answer this question, let me give a bit of a background first. “8 years” is not really a precise phrase to describe how long I stayed within the firm. I first entered the Big 4 in 1998. After barely 7 months, I resigned. Yes, resigned (due to personal reasons that I will not reveal). More than 14 months later, I came back. Needless to say, I was accepted with open arms =) and I stayed for that 8 years. And we go back to the same question of why I stayed for another 8 years. Here are my reasons:

1. The continuing education – being in the Big 4 meant that you get to learn new things and update yourself with new developments every now and then. These updates are free. I never realized how I valued these free updates until I went out and I had to shell out my own money just to attend these seminars / updates, whatever you want to call them. Also, the degree of information found when you are within the Big 4 is much, much more than what you will find outside. Sure, there’s always the Internet but you have to search on your own and wade through a lot of information before you can get the stuff that you will really need. Within the Big 4, you have everything (or almost everything) at the tip of your fingers. And again, they’re all free.

2. The presence of “experts” – by experts, I mean partners and managers who have studied and gained experience and expertise about anything and everything related to audit and accounting standards. This is what we call “consultation”. In these cases, you don’t have to do a lot of thinking, they will do the thinking for you. This is quite different when you strike out on your own. Once you’re outside, you will have to do your own research and to think things through (can get quite tiresome, I tell you).

3. The culture – I love the culture within the Big 4. I feel that I’m talking to people who think and act the same as I do. The camaraderie I experienced there is really something that I do not often see when I get out of the firm. When you have good working relationships with your peers (and your teammates), the busy season (and your time in the firm) seem to just pass by (Holy cow, did I spend 9 busy seasons in the firm, didn’t notice. LOL).

4. The chance to teach – not everybody who work for the Big 4 can experience this, but if you reach manager level (and sometimes even the senior level), there’s a big possibility that you will get to teach the junior staff about the new things I was talking about in number 1. And don’t worry about it, the firm will provide you the teaching materials, you’ll just have to decide how to deliver them to the “class”. Working in the Big 4 gave me the idea that maybe I can teach when I get out.

5. Meeting people a.k.a. networking – by people I mean the people working for your clients. I liked the fact that I can talk to the managers, vice-presidents, even the presidents of my clients. And they called me by my first name, too. After I went out, one or two actually offered me a job in their companies (I’m not allowed though, there’s such a thing as “cooling off period” when you get out of the firm).

6. It’s great for my resume. The longer I stayed, the more premium I earned from working that long. Not that I’m putting down those who worked only for 1 or 2 years but you have to admit, seeing the number “8” instead of “1” or “2” in one’s resume kind of up things a little bit for me.

These are my 6 reasons. Do I sound like a nerd now? LOL But seriously speaking, I really enjoyed my time there. There were a lot of negative things but there were a lot of positive things as well, and the latter (at least for me) far exceeded the former. Hope you enjoyed my 6 reasons. Feel free to leave me a note on what you think and don’t forget to check out The Accountant’s Blog entitled “Things I do Love About Working at a Big Four”.