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Ever think of leaving the Big Four to go work for Uncle Sam? He already has like a billion accountants working for him. The U.S. Bureau of Labor Statistics estimates that government accountants and auditors averaged the following yearly salaries in 2008: Federal executive branch: $84,520 Local government: $56,160 State government: $52,560 The starting salary of junior accountants and auditors with the federal government was $28,862 in 2007.
The following is a great late-night video to watch after a short potty/vending machine break from crunching numbers. The questions is -- did these Angry Accountants make this video at 3 AM after their brains ceased to function from being overworked, or is this the under-utilized group with too much time on their hands during the un-busy season?
Another avenue of escape from the Big Four is to go work for a small shop with two or three principals and a handful of associate accountants. This is an attractive option for those who don't like being a small fish in a big pond: And would rather be a big fish in a small pond: But before you jump ponds, be aware of what you are getting into. Talk to people who have done it recently -- especially those at the firm you are going to.
One of our readers asked whether we were aware of people leaving the Big 4 to take nice jobs. Of course. But it depends on what you call a nice job, and beauty is in the eye of the beholder. This is a good topic, so we will dedicate a few separate posts to it, exploring different avenues of departure from the Big 4. One very smart/dumb move that a lot of Big 4 accountants make is to leave the Big 4 to go to law school.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Have you ever been asked to work on a firm holiday, a scheduled vacation, or until 5 in the morning FOR NO GOOD REASON? It's one thing for a professional, such as an accountant, to work long hours when a particular project requires it. It's a completely different thing, however, to be forced to work at absurd hours simply because a particular manager requires it.
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