PwC

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Be part of the audit machine for a couple of years, then leave for greener pastures.

Senior Associate (Former Employee) Florham Park, NJ

Pros- Excellent job opportunities outside of public accounting when/if you make the move
- Generally work with teams in your age range/generation
- If you have the stomach for high-stress environments, working here galvanizes your work ethic and bedside manner whenever you decide to move out of public accounting and into industry

Cons- Partner track now has increased from 12-14up to 15-18+ years. Do you really want to spend over half of your career becoming king of the audit monkeys?
- Different industries/market team have distinctively different cultures
- Working with colleagues can be very hit or miss. If you're on the bad end of the spectrum, be ready to be exposed to hypocritical, backstabbing management that WILL remember and disclose every single screw-up you make on your performance evaluations
- Jobs are consistently underestimated (and consequently, understaffed and underbudgeted)
- Significant lack of appreciation/respect/coaching for associates/senior associates, particularly in light of recent "enhancements" in audit "quality"

Advice to Senior ManagementAudit quality is under heavy fire due to the PCAOB laying down the law on all Big 4 firms - partly due to the regulatory body trying to substantiate its existence, but mostly because the firms were awful at GAAS auditing for the sake of efficiency (which is now rearing its ugly head).

As a result, staff get very poor coaching, budgets are overrun, and audit clients are upset at the increase in fees without any perceived value add. On all fronts, staff aren't able to defend something they have no faith in.

Stand up to the PCAOB instead of rolling over and bending backwards to satisfy their observations, and possibly work with them and the ASB to devise a more reasonable set of GAAS. Otherwise, just get out of auditing in general and focus on advisory/consulting instead, because it's clearly not as sustainable a practice as it was decades ago/post-SOX.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Did 2 Stints. First time - (8 years) was AWESOME... Second time (Less than 2 years) was AWFUL.

    Manager (Former Employee)

    I worked at PwC full-time for more than a year


    Pros: Good Projects, Challenging work, Really good first job!! Cons: If you are a Senior Associate/Manager or Above - the CUTTHROAT nature of trying to win work is beyond disgusting. Good luck with… Advice to Senior Management: Sigh..... No, I would not recommend this company to a friend More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Had better, had worse

    Associate (Current Employee) Seattle, WA

    I have been working at PwC full-time for more than a year


    Pros: Great benefits, great people, looks great on resume Cons: Be prepared to work. A LOT. And to only… Advice to Senior Management: Don't burn people out. No, I would not recommend this company to a friend More
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