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Life After Big 4: Open Thread

Posted on by Caleb Newquist

One way or another most people move on from their Big 4 experience, regardless of practice or firm. Whether you left on on your own accord or by other means, you all have experiences of what life is like now.

Starting a career with a Big 4 firm is definitely a good way to go (yes, we said it) but shit happens and things change right?

So whatever you want to discuss: Money. Work/life. Does the Big 4 firm on the resume really impress? Did you leave and go back? If you’re still living the glamorous life in the B4, discuss your thoughts on your firm and why leaving is unthinkable. We realize that the Stockholm Syndrome is a bitch.

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[Professor] Michael Power from the London School of Economics told the conference that big audit firms were “probably” not “systemic” in nature, in the same way as banks, and that it was unlikely government would step in to save one on the edge of going bust. Power said the lesson from the collapse of Andersen was that the crisis facing the audit market was relatively shortlived when a big firm collapsed, and that a global firm in trouble will break up into its national components to find a solution. He added there was no real evidence of market failure as a result of Andersen’s demise.

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