The most interesting accounting firm CEO would like to welcome the gang at Carneiro, Chumney & Co. to the club. “The addition of the partners and other professionals formerly with Carneiro, Chumney & Co. provides BDO with a fantastic presence in the important San Antonio market. Combined with our existing practices in Austin, Dallas and Houston, Captain Jack said. With this move, all San Antonioa-area professional recruiters are officially on notice that your leads at Carneiro now have incentive to rat you out. [BDO]
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Promotion Watch ’19: BDO Admits 48 New Partners
- Jason Bramwell
- October 2, 2019
Wayne Berson is letting 48 lucky guys and gals join the club, in what is […]
Choosing Between a Big 4 and Mid-tier Firm Part XXIII
- Caleb Newquist
- March 23, 2011
Welcome to the upset-special edition of Accounting Career Emergencies. In today’s edition, a future public accounting foot soldier has to make a decision between a Big 4 firm and “GT/BDO type firm” but is stumped on what to do and can’t find a two-sided coin anywhere. The next best solution was, obviously, emailing us.
Want to know if you’re in a dead-end job? Trying to deal with stress in the waning days of busy season? Anxious about changes in your job? Email us at advice@goingconcern.com and we’ll help you pull through.
Back to the indecider:
Hi Going Concern,
I have an offer from a Big 4 and a GT/BDO type firm and am having a tough time deciding. I wanted to ask which option will be better in the long-run if I want to start in public accounting, but then might want to move to a large publicly traded tech company? I guess my question is which route would give me better exit opportunities and long-term benefits should I decide not to stay in public accounting? (If I leave, I have a good idea of where I’d like to work on the corporate side.)
1. Mid-Tier Firm experience — having taken lead on small projects by my second year, more interaction with clients etc. Having experience with mid-sized (not public) tech companies, and experience with large, public companies that are not tech companies.
2. Big 4 — staying a little more than 2 years (enough to move up to Sr. Associate level but not staying too long beyond that) – and having worked on large, public tech companies. Having the Big 4 brand name on my résumé.
Also, there’s a chance that I might enjoy staying at the Mid-Tier in the long-term, but without being sure, I want to keep my options as open as possible.
Thanks. Any advice is appreciated.
Stuck in Indecision
Dear Stuck in Indecision,
I’m impressed that you’ve managed to cover all the angles here. You could possibly like each scenario without considering what it is actually want with your career other than “might want to move to a large publicly traded tech company” or “might enjoy staying at the Mid-Tier in the long-term.” You’re basically saying that you’re up for anything – hence, ” I want to keep my options as open as possible.” Your options are open all right since you’ve committed to exactly nothing. However I’m here to help, so here goes.
To keep it brief: all things being equal, go with the Big 4 firm. Here are some details – it’s likely that you will have the opportunity to work on smaller clients at a Big 4 firm, thus giving you the chance to “take the lead.” If you also have experience working for larger, publicly-traded companies (not as likely at a mid-tier), your experience will be more vast and allow you decide what it is you actually want to do (because, at this point in time, you don’t seem to have a clue). GT, BDO, McGladrey et al. are fine firms but you have a Big 4 offer – take it. You didn’t mention the people (a big selling point at most firms) so I’ll assume you’re indifferent or that they were all equal on this front. The network you build in a Big 4 firm will benefit you the long run and the experience will as well. Just don’t expect your firm to do well in “cool” contests. Good luck.
Promotion Watch ’10: BDO Names Five New Partners
- Caleb Newquist
- July 1, 2010
Fresh off their win last week in a Florida Appeals Court, BDO announced the admission of five new partners today in a press release (in full after the jump).
The new partners are Joseph Carr (Chicago – Tax), Anthony Lawrence (Grand Rapids – Assurance), Hoon Lee (San Francisco – Tax), Bryan Polozola (Dallas – Assurance) and Julie Valpey (National – SEC) and they get their big chairs effective tomorrow.
Congrats to the new partners and remember to keep the celebration under control.
Wednesday, June 30, 2010
BDO USA, LLP, ADMITS 5 NEW PARTNERS
BDO USA, LLP, IS PLEASED TO ANNOUNCE THAT 5 NEW PARTNERS HAVE BEEN ADMITTED TO THE PARTNERSHIP, EFFECTIVE JULY 1, 2010.
Chicago, IL– BDO USA, LLP, is pleased to announce that 5 new partners have been admitted to the partnership, effective July 1, 2010. Two of the new partners are in the tax practice, two are in the assurance business line and one is in the national SEC group. BDO is a leading national professional services firm providing assurance, tax, financial advisory and consulting services to private and publicly traded businesses.
“I am very proud to welcome each of these very deserving individuals to our partnership,” said Jack Weisbaum, CEO of BDO USA. “A key to success in our profession is a commitment to recruiting, training and retaining superior client service professionals. Each of these new partners has excelled in their specific technical area while providing the highest level of client service.”
The newly elected partners include: Joseph Carr (Chicago – Tax), Anthony Lawrence (Grand Rapids – Assurance), Hoon Lee (San Francisco – Tax), Bryan Polozola (Dallas – Assurance) and Julie Valpey (National – SEC).
About BDO USA
BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies. For 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through 38 offices and more than 400 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of 1,138 offices in 115 countries.BDO USA, LLP,a limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit: www.bdo.com.
