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As advisors to industry, we provide a valuable benefit, since large businesses are regularly confronted with a bevy of challenges that range from the commonplace, such as not having the internal subject matter experience needed in order to execute upon critical initiatives, to the less mundane, such as perhaps a regulatory mandate to leverage independent third-party consultation.The list in-between these two examples are vast to be sure and vary greatly in complexity.The Professional Services Career Path: A Big Four Employee Perspective What is it like to work on the advisory side of a Big 4 firm? Typically, if there’s time to discuss and there’s mutual interest in the exchange, I’m immediately bombarded with a slew of follow-up questions like: What do you do exactly? I respect all of the Big Four firms, especially mine, a great deal but feel that the only way to offer up a truly unbiased perspective on the lifestyle is to provide genuinely candid insight. Click to learn more I’m frequently asked by friends, family, clients, job candidates and random people I encounter on my travels what it’s like to work on the advisory side of a Big 4 firm. Its goal is not to solicit top talent or self-promote services offered or whatever other angles you might have running through your head right now.This section is specific to Ernst & Young, but more than likely holds true for other firms in the Big Four.The content intentionally touches on only two of the four divisions, since its purpose is to help further distinguish the concept of organizational groupings used in major professional services firms and to provide some practical perspective on their differences. Reaching this point has taken an immense amount of patience, hard work, resilience, ambition, and even a little luck. To be clear, this article has not been written under the guise of any Big Four recruiters.

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It is not nearly as consistent as Assurance work, but it is one of the fastest growing offerings within the firm.

These “service lines” then roll into four major divisions which are: Assurance, Transaction, Tax and Advisory. The new regulation will have a significant impact on these companies for obvious reasons.

It may be a “bad luck” scenario for companies, but it could be a “big opportunity” for their professional advisors.

The first division we’ll take a look at is “Assurance”. Assurance mainly encompasses classic audit services, including financial audits.

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Assurance is a very mature service offering with very well structured methodologies and reoccurring annual audit business; it holds the top spot in terms of the most annual revenue generated for the firm.The article is structured with bold headings and key takeaway bullet points for those only interested in a quick scan.



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