Don't Leave Public Accounting Before This Milestone!

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  • เผยแพร่เมื่อ 24 ธ.ค. 2024

ความคิดเห็น • 211

  • @leas128
    @leas128 3 ปีที่แล้ว +72

    Thanks for mentioning best roles for introverts/extroverts. I hadn't realized one would be better for introverts so I appreciate this knowledge since I'm in the beginning of my schooling.

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +1

      Cool Lea. Go crush it!!!

    • @hectorotis1291
      @hectorotis1291 3 ปีที่แล้ว

      I guess Im asking randomly but does someone know a tool to get back into an instagram account..?
      I somehow forgot the login password. I would love any assistance you can give me.

  • @YZsTravelAdventures
    @YZsTravelAdventures 4 ปีที่แล้ว +24

    Holy shit, this is actually useful for someone working in PA. Although most people say its best to leave at senior, since manager apparently starts to overprice themselves for industry positions.

  • @TBW2
    @TBW2 2 ปีที่แล้ว +15

    I'm 7/8 years into this process. Also left after 2 years.
    Really excellent summary 👍

  • @hanginchad3917
    @hanginchad3917 9 หลายเดือนก่อน +4

    Public acccounting is great for experience and knowledge but, tax season is an absolute killer for me. Im on my 7th tax season and every year gets harder and harder to manage my work life balance. Tax season sucks and I am miserable doing this crap. I would love to have an internal accounting role and actually see my kids for more than 5 hours per week.

  • @jerinjose3527
    @jerinjose3527 4 ปีที่แล้ว +21

    highly underrated channel. I have just started in public accounting your videos are a really great resource and has helped me see the options of what to do after a few years. A video covering some of the most handiest excel functions and where you used them would be really helpfull.

  • @xXUryuuIchigoXx
    @xXUryuuIchigoXx 4 ปีที่แล้ว +18

    Thank you for this Sir! I'm currently in my 3rd year tenure in public accounting, and has been a senior audit associate for over 1.5 years. I'm at the point of looking into other options. This really helped. Looking forward to more videos like this!

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว +2

      Sounds good, will be sure to put out more stuff on exit opportunities

    • @dnlktmnn
      @dnlktmnn 4 ปีที่แล้ว

      Keep us Updates!!

    • @quarantinekitchen6909
      @quarantinekitchen6909 4 ปีที่แล้ว

      Help -! Been at my firm 4 years still staff. And firm hired 3 outside seniors. With no CPA 👨‍💼 wtf help -!? Do I stay or leave. The work environment is blehhhh. Not good or bad

  • @888zzz
    @888zzz 2 ปีที่แล้ว +5

    Your videos are so clear about daily worklife, education and work requirements, career strategizing, etc. Very helpful and entertaining.

  • @holelee7834
    @holelee7834 10 หลายเดือนก่อน +1

    I went straight to fin director after 8 years in PA. In hindsight, I learned everything I needed to be in this position by the 6th busy season. Everything after the PA 6th year *IMO*, was radically increasing the probability of the partnership ... squeezing the pulp from the souls of non existing or brain dead staff, managing and finding outsource people in other departments, countries or alliance offices, or hoarding the entire portfolio of client relations to myself. My favorite internal inspection comment was "the partner appears to have no involvement on the engagement"😂 I thought I wanted to be a partner at the time. There was nothing like demoing my next position working in private engagements by doing Everything for them. All the systems and GL skills that you don't learn in PA came from that.

  • @WillieRayPR
    @WillieRayPR 4 ปีที่แล้ว +24

    I feel like when it comes to employers, not all public accounting experience is treated equally. I have 5 years of public accounting experience at boutique firms and I’m at the same level as people who spent half that time in big four then transitioned to industry

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว +5

      Interesting observation and probably very true. I guess what you miss by staying in public is exposure to budget and ERP integration

    • @aaronrayk
      @aaronrayk 2 ปีที่แล้ว

      @Lilman Yellow even when you start out as associate?

    • @jd0879
      @jd0879 ปีที่แล้ว +1

      @@aaronraykhat’s false on his part. I’d say after 8-12 months you’re put into more leadership roles but it doesn’t really begin until the 18 month mark. Definitely not right away

  • @srwla2501
    @srwla2501 3 หลายเดือนก่อน

    I left at 2 years, would have loved to become a Financial Analyst. But, I really did not get the experience you say I should have even with 2 years at a Big 4. I was in leadership roles but for small audits. And there was zero training at my firm for the first year.

  • @josephianneillo2621
    @josephianneillo2621 3 ปีที่แล้ว +3

    It should be noted with 5-6 years in large or med public accounting experience it’s also possible to transfer to mgr or director of fp&a if you wanted.

    • @scoobyproper13
      @scoobyproper13 2 ปีที่แล้ว

      I'm Interested in FP&A. I'll be starting as Big 4 Auditor later this year. What is the best service line within Public Accounting to land FP&A Role?

    • @boomds5602
      @boomds5602 2 ปีที่แล้ว

      You can do it with audit but it’s harder than say an advisory position. Audit experience isn’t super applicable to FP&A positions. It depends also what kind of advisory you would be doing. FP&A roles are not that easy to get coming from Big 4 in my experience.

    • @boomds5602
      @boomds5602 2 ปีที่แล้ว

      Also, he answered this in his video

  • @ShotokanShaun
    @ShotokanShaun 3 ปีที่แล้ว +5

    This was very helpful as I was just pondering how does one navigate the terrain so to speak to a controller or CFO role. Thank you. You are helping a lot of people.

  • @NoLimitLonzo
    @NoLimitLonzo 2 ปีที่แล้ว +1

    Your videos helped to get me an accounting internship at a top 15 accounting firm. Thank you.

  • @patriciatran1811
    @patriciatran1811 3 ปีที่แล้ว +8

    Can you make a video on the transferable skills from senior auditor to senior financial analyst? It would help alot!

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +2

      Oh interesting idea ok

    • @marcolko10
      @marcolko10 3 ปีที่แล้ว +1

      @@TheFinancialController I second that. Since getting an analyst role is harder from an audit senior position, what are your thoughts on getting a sr accountant role and then try to get into a sr analyst role?

  • @alexspanos5338
    @alexspanos5338 ปีที่แล้ว

    I felt such as I was talking during this video, so well expressed as I currently working for a Big4 company and feeling the exact same way...The lack of financial motives along with the workload is the reason that Big4 companies keep pushing away the high performers and high IQs employees who once they were attracted by those firms. Impacting with this way the quality of the output of Big4s...

  • @SureshKumar-hq8ef
    @SureshKumar-hq8ef 3 ปีที่แล้ว +4

    Bill you are having very passionate about Accounting profession. 👏💐

  • @Randomguy-kn3nv
    @Randomguy-kn3nv 4 ปีที่แล้ว +25

    Can you make a video about LinkedIn and linking with recruiters. I’m goin to transfer to a state school that does get recruited but I have no clue about how to set up my LinkedIn for them (I’m not worried about gpa being an obstacle) very good videos btw

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว +7

      Ok random will factor this in my schedule. Let me know what else would be interesting for you to learn.

  • @DanielA-iz1eg
    @DanielA-iz1eg 4 ปีที่แล้ว +6

    unique insights and in my experience as a CPA pretty spot on!

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว +1

      I tried :)

    • @DanielA-iz1eg
      @DanielA-iz1eg 4 ปีที่แล้ว +1

      @@quarantinekitchen6909 search the #Danthemancpa on Linkedin and you will find my profile. I can give you better quality advice there rather than in a public forum.

  • @tw2800
    @tw2800 2 ปีที่แล้ว +2

    Will you please consider making a video on the career path you would recommend for those students who want to gain practical education and work experience to ultimately prepare themselves for starting and growing their own firm? I would really appreciate this kind of video since most accounting videos focus on becoming the best employee wo discussing a strategy for developing an end goal of preparing oneself to become self employed. Thankyou!

  • @KungatlukBangoang
    @KungatlukBangoang 8 หลายเดือนก่อน

    Thanks you Bill hanna for sharing of your students

  • @salonnthy1603
    @salonnthy1603 4 ปีที่แล้ว +7

    Thank you so much for all your advices!

  • @loidforger5780
    @loidforger5780 4 ปีที่แล้ว +5

    Very helpful. Thank you for the content

  • @adamallen3099
    @adamallen3099 4 ปีที่แล้ว +6

    Thank you so much for your sharing and insight. I guess you have to be an audit in Big 4 and then you could become controller. Then how about tax people? Do they have chances to become controller? Would you make a video talk about different career paths for audit and tax in both public accounting firm and industry?

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว +5

      Hey Adam yeah will make a vid on that. Generally I have not seen a tax person make it to controller. But they do have other lucrative paths

    • @adamallen3099
      @adamallen3099 4 ปีที่แล้ว +5

      @@TheFinancialController And may I ask what they are? I have a problem choose my career between audit and tax. I guess you were auditor in Big 4, right?

    • @Blamh
      @Blamh 3 ปีที่แล้ว

      Thank you for asking this. I'm starting in tax this year at a big 4 & would really be interested in a video similar to this one for those in tax

  • @TheJsrg1989
    @TheJsrg1989 4 ปีที่แล้ว +3

    Great video! Really liked how you presented it all so well.

  • @Cambomcleod
    @Cambomcleod 2 ปีที่แล้ว

    Thanks for the video. This was great.

  • @rinshijain258
    @rinshijain258 3 ปีที่แล้ว +2

    Extremely helpful!!! Great job done buddy.. Looking forward to more of your videos!!!

  • @SBZ9400
    @SBZ9400 ปีที่แล้ว

    Great information!

  • @mfr8593
    @mfr8593 4 ปีที่แล้ว +4

    Hi Sir, can you make a video about pros and cons of working in shared service centre ? Thanks!

  • @sharonlee3815
    @sharonlee3815 2 ปีที่แล้ว +3

    Thank you so much for taking the time to make and edit this video! Your channel is a comprehensive guide for us looking on how to develop our accounting careers. I appreciate your straightforward yet interesting videos.

  • @franreyes6158
    @franreyes6158 2 ปีที่แล้ว

    We are thankful to you for your expertise!!

  • @henryp218
    @henryp218 2 ปีที่แล้ว

    thank you for such great insights into these financial roles and their pathways.

  • @teejay6063
    @teejay6063 ปีที่แล้ว

    Cool. I'll tailor an audit program.

  • @Pokepulls_Paradise
    @Pokepulls_Paradise 2 ปีที่แล้ว

    Congrats on 100k!

  • @startupsfedora639
    @startupsfedora639 2 ปีที่แล้ว

    Thank you so much for your videos!

  • @shelbyelliott3407
    @shelbyelliott3407 2 ปีที่แล้ว +2

    Any suggestions for tax senior associates? Most senior accounting positions want audit associates instead of tax.

  • @bradz.7164
    @bradz.7164 4 ปีที่แล้ว +5

    A lot of good points here imo. But if you know that you want to end up in finance, it doesn't make sense to take them time to become CPA eligible (which usually means a 5th year out of undergrad). To be sure, I would take a lot of accounting courses in undergrad (e.g. Intermediate, Financial Statement Analysis) as that will always be helpful. But it makes no sense to spend the time (and money!) to become CPA eligible just so you can get Audit experience on your resume, especially if you are going to leave in 2 years.

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว +2

      Not gonna disagree. But I’ll say there is more than one way to skin a cat :) it’s just which poison do you pick...

  • @missme3916
    @missme3916 ปีที่แล้ว

    Tks for this!

  • @danielvasquez41
    @danielvasquez41 3 ปีที่แล้ว

    Valuable info sir!

  • @bretoliver9674
    @bretoliver9674 3 ปีที่แล้ว +2

    Thanks for this video. This helps me a lot in planning my career trajectory😊

  • @b10highlights13
    @b10highlights13 2 ปีที่แล้ว

    phenomenal video

  • @thunder2ray242
    @thunder2ray242 3 ปีที่แล้ว +1

    Could you make a video to exit from Big 4 audit to more Corporate Finance/ FP&A roles? How easy it is to transfer into Corporate Finance or transactions teams at B4

  • @maximspiridonov5688
    @maximspiridonov5688 5 หลายเดือนก่อน

    What a great video!

  • @hellopallz
    @hellopallz 2 ปีที่แล้ว +1

    Became a CFO for a listed company without CPA, accounting degree or public accounting practice. Over a decade of industry experience is all I got. Is MBA a good degree or CPA/CFA?

  • @TheBraulio459
    @TheBraulio459 2 หลายเดือนก่อน

    Do you think it would be beneficial still having your CPA with aspirations of CFO? Or do you think it would be better to have the extra year of work experience?

  • @robertpolanco1122
    @robertpolanco1122 2 ปีที่แล้ว +1

    What is your take on switching to valuations after 2 yrs in audit and then going the corporate finance route?

    • @TheFinancialController
      @TheFinancialController  2 ปีที่แล้ว

      I like it Robert. That's a good route for VP FP&A and CFO beyond that.

  • @travisscroggins615
    @travisscroggins615 ปีที่แล้ว

    Having been GM of multi-million $ restaurants for many years, I feel that those skills of reading financial statements, time management, etc are already in my wheelhouse. I have recently finished my bachelor's in accounting because I want to change careers. I am leaning away from taxation and audits. Working with teams is my strength, as well as budgets and forecasting. Would you agree that a CMA is probably a better fit for me?

  • @tsepheltenzin3015
    @tsepheltenzin3015 4 หลายเดือนก่อน

    What you recommend for someone working as a Staff Accountant looking to pursue their CPA? I am in my 30s and feel late in the game but a veteran.
    Thanks!

  • @jonathanstellar5588
    @jonathanstellar5588 3 ปีที่แล้ว +1

    thank you, this was pricless!

  • @prettykittysystem4073
    @prettykittysystem4073 ปีที่แล้ว

    Thanks Sir! May I also ask for the timing for exit in TAX in the BIG 4? I just currently got my CPA license and reviewing for my US CMA.

  • @kylepetruzziello3321
    @kylepetruzziello3321 3 ปีที่แล้ว +1

    Do you think it would be more beneficial to go to the audit side of public accounting as opposed to tax? Or does it not matter which side you choose?

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +3

      Both can be very rewarding career satisfaction and money wise. I tend to like audit route for its many exit options

    • @kylepetruzziello3321
      @kylepetruzziello3321 3 ปีที่แล้ว

      @@TheFinancialController yeah I am more concerned with the exit opportunities. I have more experience in tax and therefore get more interviews/offers in tax haven’t gotten any in audit. Am I limiting my potential exit opportunities by taking a tax offer?

    • @boomds5602
      @boomds5602 2 ปีที่แล้ว

      Yes Kyle you are. You won’t be able to work in anything other than tax upon exit.

  • @TheFkntool
    @TheFkntool 2 ปีที่แล้ว

    Any insights similar to this video for folks in advisory roles?

  • @peterbradshaw8018
    @peterbradshaw8018 4 ปีที่แล้ว

    Getting a CFA designation or to be technical pursuing the designation as in passing the level one exams could go a long way to helping one into finance .

  • @skariah967
    @skariah967 ปีที่แล้ว

    Sir, plz tells about cma

  • @AaronCCorbin
    @AaronCCorbin 3 ปีที่แล้ว +3

    Hey Bill. I love your channel, thanks for all the valuable advice.
    I have had some recruiters tell me that it's a waste of time to spend more than 4 years in PA, because your skills become very specialized and not applicable to an industry role. (Granted they were trying to persuade me to take a job offer). What are your thoughts?

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว

      Your skills would get super specialized. But that's sometimes a good thing depending on exit strategy. For instance, those who spend 7-10 years can exit to become Head of Financial Reporting or SEC Reporting. So yes, highly specialized but in a good way. I took a different route as I left after 2 years, as I explain in the video.

  • @damientheoriginal
    @damientheoriginal 3 ปีที่แล้ว

    So what do you do if you've gone way past 6 years? What's the exit strategy?

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว

      Exit to a Sr manager of accounting or FPA at a large company. Or a controller at a startup/small company

  • @user-xs8pb3on4z
    @user-xs8pb3on4z ปีที่แล้ว

    Thank you Bill for this video as always super informative! How can I gain experience to get a job as FP&A in accounting?

  • @ramyfouad8571
    @ramyfouad8571 8 หลายเดือนก่อน

    Bill, is it possible to become a controller coming from a Big 4 Tax role? What would be the best time to exit so I'm not "stuck" in tax?

    • @TheFinancialController
      @TheFinancialController  8 หลายเดือนก่อน +1

      it's rare. I would recommend rotating to an audit role for 1-2 years then exit to Accounting Manager or Sr Manager role as stepping stone to Controller

  • @mohamedyehia1198
    @mohamedyehia1198 3 ปีที่แล้ว

    Thank you for the valuable advices. If i am not seeking to be a CFO, what would be the next step after being a Financial Controller?

  • @thangne3408
    @thangne3408 2 ปีที่แล้ว

    Thank you so much, I am really confused about my position as a tax consultant but aim to be a Finance Director in the future, thus, i dont know my right career path or what is true way to me ?

  • @mohamadobaidi2894
    @mohamadobaidi2894 3 ปีที่แล้ว

    How many years did you work as a senior accountant and accountant manager?

  • @jinnah3216
    @jinnah3216 2 ปีที่แล้ว

    What would a guy in public accounting in Tax do ?

  • @gracydang4385
    @gracydang4385 3 ปีที่แล้ว +1

    How long did it take you from when you started your public accounting at PWC to being offered a controller position?

  • @rickymat7104
    @rickymat7104 2 ปีที่แล้ว

    After several years in the industry is it worth going to work for big public accounting firm?. Also, what’s the general workload as a sr accounting associate in the firm working as a consultant?…

  • @Global_Analysis
    @Global_Analysis 3 ปีที่แล้ว

    Hi Bill, what’s your opinion about to form your self without to expense many time inside a firm and taking forming courses ?

  • @lifeisiekawitch9025
    @lifeisiekawitch9025 3 ปีที่แล้ว

    Hey thanks for the video. Very good content. Do you by chance know of an exit plan for Tax route in public accounting? Thanks

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +2

      Hi, I am working on this idea for a future vid in collaboration with my wife who works in Tax

    • @annaye9395
      @annaye9395 2 ปีที่แล้ว

      Hi im senior 1 in tax now and also wonder what are my exit opportunities, did you happen to move successfully to another job?

  • @malamofficial7558
    @malamofficial7558 ปีที่แล้ว

    Thank you ❤❤❤

  • @leonpierre7376
    @leonpierre7376 3 ปีที่แล้ว

    What about for someone who wants to specialize in Forensic Accounting?

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว

      You probably should spend a couple of years in audit then ask to transfer to forensic accounting practice at the same firm (if they have it) or move to another firm that offers it

    • @leonpierre7376
      @leonpierre7376 3 ปีที่แล้ว

      @@TheFinancialController Thank You.

    • @leonpierre7376
      @leonpierre7376 3 ปีที่แล้ว

      @@TheFinancialController I plan on getting my CPA as well. Also, while I am working in the forensic accounting department, should I get the credentials CFE,CFF, and ABV?

  • @adrianoctopratama3106
    @adrianoctopratama3106 3 ปีที่แล้ว

    have you ever heard or thought about senior auditor became a equity research/investment banker at securities or asset management? How about the chances? Gettin higher bcs we're ex auditor who hv deeper accounting knowledges?

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว

      Yes but maybe a 5% chance and only for those who are very quick thinkers

    • @adrianoctopratama3106
      @adrianoctopratama3106 3 ปีที่แล้ว

      @@TheFinancialController ah i see bcs we don't have experience in managing of fund right? but only in examining of FS based on GAAP....

    • @adrianoctopratama3106
      @adrianoctopratama3106 3 ปีที่แล้ว

      @@TheFinancialController perhaps we have to hold CFA level 1 first hmmm

  • @airdownthere9525
    @airdownthere9525 2 ปีที่แล้ว

    is it viable for a manager / senior manager in M&A tax to switch over to a financial controller / CFO role? would extra study such as short courses in financial modelling , masters in finance or MBA help to show finance skills for such transition?

    • @TheFinancialController
      @TheFinancialController  2 ปีที่แล้ว +2

      It’s a hard transition, but maybe to a CFO role at a small company at first (less than $30M revenue) to get foot in the door. An MBA also can be good

  • @User24x
    @User24x 3 ปีที่แล้ว

    This is for auditing? What about for tax?

  • @thabrokenrecord3340
    @thabrokenrecord3340 4 ปีที่แล้ว +1

    How about CPA firm owner

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว +2

      For that, 5-7 years in public is best, but 3-5 can do if you are motivated

    • @thabrokenrecord3340
      @thabrokenrecord3340 4 ปีที่แล้ว +2

      @@TheFinancialController Thank you for your prompt response, I appreciate it

  • @basirwright6959
    @basirwright6959 ปีที่แล้ว

    Hey Bill, I am a little confused on my next move I should take. My overall goal is to be a CFO of a mid-large size company. I started off as a financial analyst in commercial banking sector for 2 1/2 years and transitioned into a Big 4 firm as an auditor currently studying to get my CPA license. What would you recommend my next step to be afterwards?

    • @TheFinancialController
      @TheFinancialController  ปีที่แล้ว

      you will need to shift gears toward financial planning and analysis, rather than audit/accounting

  • @justind1793
    @justind1793 3 ปีที่แล้ว

    Good information

  • @Apologetic-medic
    @Apologetic-medic 2 ปีที่แล้ว

    When referring to public accounting, are you talking about both tax and audit? Or is this career path only applicable to auditors?

    • @TheFinancialController
      @TheFinancialController  2 ปีที่แล้ว +1

      Audit. Thanks for asking for clarification

    • @Apologetic-medic
      @Apologetic-medic 2 ปีที่แล้ว

      @@TheFinancialController Thanks Bill! I’m currently a tax intern. It would be interesting to see a video on exit opportunities for public accountant in tax.

    • @TheFinancialController
      @TheFinancialController  2 ปีที่แล้ว

      Sure will have something on this at some point

  • @aneezasonisoni9866
    @aneezasonisoni9866 3 ปีที่แล้ว

    Very useful video

  • @erik4396
    @erik4396 3 ปีที่แล้ว

    Could someone start in Tax planning and then move to private for a financial controller position?

  • @majidareef3555
    @majidareef3555 3 ปีที่แล้ว +1

    Is MBA necessary to become CFO, for a CPA?

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +3

      In 90% of cases yes

    • @majidareef3555
      @majidareef3555 3 ปีที่แล้ว

      @@TheFinancialController thanks sir. So most of the public accountant are struck in controller position.

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +1

      Controller, VP of accounting and Chief Accounting Officer

  • @aravindhanmahadevan7640
    @aravindhanmahadevan7640 3 ปีที่แล้ว

    I am pursuing (cma finals) in india, for me it is good to so( US cma)or cpa what is better to my professional line

  • @Yankee_1000
    @Yankee_1000 3 ปีที่แล้ว +2

    Hello Sir,
    really nice explanation, I want to ask you that after spending more than 5 years in public accounting, and clear CFA exams along with work do we have chance to be a CFO.
    In short:-
    Do we have chance to become a CFO if we clear CFA exam but our experience is in accounting.
    Eagerly waiting for your response,
    Thank You 😊.

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +1

      Yes, but you gotta work hard and learn tons

    • @Yankee_1000
      @Yankee_1000 3 ปีที่แล้ว +1

      @@TheFinancialController yes sir, I am ready for it 👍

    • @boomds5602
      @boomds5602 2 ปีที่แล้ว

      Lol what? Most CFOs have a CPA in my experience

  • @andrewcastaneda2023
    @andrewcastaneda2023 ปีที่แล้ว

    Hey Bill I have a question. I am 28 and I am about to finish my bachelors degree. I already have the full 150 credit hours for the cpa exam. Should I consider getting my masters or should I not do it? I already have my foot in the door with PwC I did an internship this summer and will be returning with them next summer.

    • @TheFinancialController
      @TheFinancialController  ปีที่แล้ว +1

      If you have enough for the cpa exam, the only reason for me to get a masters is if you want down the line would like to teach college courses

    • @andrewcastaneda2023
      @andrewcastaneda2023 ปีที่แล้ว

      @@TheFinancialControllerI appreciate your response, thanks a lot! You’ve videos have really helped me plan my future. You rock!

  • @abyss1997
    @abyss1997 3 ปีที่แล้ว

    Did you personally get your CPA when working in public accounting? And do you need a cpa to become a financial controller?

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +5

      CPA was obtained a few years after public accounting. CPA makes it a lot easier to become a controller

  • @sw4197
    @sw4197 3 ปีที่แล้ว

    Hey Mate, currently in an undergraduate role doing audit at a public practice whilst in uni. End goal working in private finance. Would love some tips or advice on making this possible
    Thanks legend

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +1

      Hey There. I have some videos on similar topics so feel free to explore the channel. I will do more on corporate finance roles. Actually tomorrow’s video is on the financial analyst roles

    • @sw4197
      @sw4197 3 ปีที่แล้ว

      @@TheFinancialController Thanks, I really appreciate it. Do any of the videos provide strategies on entering those markets, rather than just descriptions?
      Cheers

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว

      Perhaps you can tell me your major and they role you aspire to and what kind of company you want to ideally work for. And I will see if it makes a good video topic

    • @sw4197
      @sw4197 3 ปีที่แล้ว

      @@TheFinancialController I’m currently studying a bachelor of commerce (Major Finance and Accounting). It’s very common to get a commercial accounting undergraduate role which is what I’ve done - much harder to get initially into private finance. May have the opportunity to do some paraplanning but I have been told audit can be super useful.
      Very early on in my career so anything finance would be interesting, perhaps fp&a, M&A, Financial controller etc.
      Thanks for the help

  • @TalesFromTheTimeCapsule
    @TalesFromTheTimeCapsule 3 ปีที่แล้ว

    What if I work in Tax (not Audit) for Public Accounting, what jobs are available to me in Private? I also already have my CPA and willing to also get a CMA.

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว

      Tax manager/director

    • @kenicke579
      @kenicke579 3 ปีที่แล้ว

      In the same boat as you and I think that we are stuck in tax

    • @Immortalkalashnikov
      @Immortalkalashnikov 2 ปีที่แล้ว

      @@kenicke579 I ask myself everyday why I chose this dreaded path. I am ready to get tf out of tax. And I work for a Fortune 500 in tax. Went from public to private, it's just as bad.

  • @Yankee_1000
    @Yankee_1000 3 ปีที่แล้ว +1

    Hello sir,
    Work experience before clearing the 4 cpa exams are considered for cpa license or we have to work only after clearing the exams

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +1

      work experience even before the exam is valid, as long as you work under the supervision of a CPA

  • @Gatsbyyyyy
    @Gatsbyyyyy 3 ปีที่แล้ว

    Hi,
    Really useful video thanks.
    But i was wondering, if my goal is to become a CFO, but Im currently an auditor, do you think its more suitable to go for ACCA/CPA or CFA?
    Thanks

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +3

      If you are an auditor I highly recommend you capitalize on that experience by getting your CPA. Later on think about either: a) MBA or CFA or better yet b) taking a slight pay cut to get the right CFO experience, which is working in FP&A

  • @alicanela7100
    @alicanela7100 4 ปีที่แล้ว +3

    Could you move from a sr accountant role to a sr financial analyst position?

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว +2

      Yes but like always say. You got to take some intermediary steps to make this transition. Meaning begin to do analyst tasks at current role to get good at it

  • @thekiller500099
    @thekiller500099 3 ปีที่แล้ว

    but what happen if i am in tax?

  • @diliniperera2546
    @diliniperera2546 3 ปีที่แล้ว

    Do you have to have a CPA license in order to become a senior accountant?

  • @almasarabi475
    @almasarabi475 4 ปีที่แล้ว

    Hi there, I have working in big four accounting firm in Belgium for almost 3 years. I’m shifting to London and I wanted to know if it’s still possible to start as a controller in private sector.

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว +1

      Yes but I would say start out as an accounting manager before controller to strengthen your skills before taking a big role like a controller

    • @almasarabi475
      @almasarabi475 4 ปีที่แล้ว

      @@TheFinancialController Thanks for the reply! Is the shift from Big four firm to accounting manager in private company in London easy?

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว

      In the US yes. I would think in the UK as well.

  • @BusinessAutomatedTutorials
    @BusinessAutomatedTutorials 4 ปีที่แล้ว +2

    Intersting channel!

  • @jhr1572
    @jhr1572 2 ปีที่แล้ว

    Hi, new subscriber, I am actually in my husbands account. You came from heaven I have been struggling with my career long term goals.
    Is working for the government considered public accounting? I am wondering if I should go and work for the city or if I should go in the same path as you, which sounds great since I am an introvert.
    Thank you so much for clarifying everything, I am starting to feel better about my current career path.

    • @TheFinancialController
      @TheFinancialController  2 ปีที่แล้ว

      Hi. No public accounting is different than government. You can look up the definition online. My path has worked out really well for me :)

  • @kday9847
    @kday9847 3 ปีที่แล้ว

    Is this regional or big 4 public accounting in general

  • @atifraziuddin7116
    @atifraziuddin7116 4 ปีที่แล้ว

    Can i move to banking sector after 8 plus years of experience by taking ciia?.i'm interested to work as investment banker for swiss bank is it possible

  • @lawrencebrown8821
    @lawrencebrown8821 ปีที่แล้ว

    Think you will ever pursue the CFO role?

    • @TheFinancialController
      @TheFinancialController  ปีที่แล้ว

      no, I like controller work actually

    • @lawrencebrown8821
      @lawrencebrown8821 ปีที่แล้ว

      @@TheFinancialController is there a way to schedule a call with you and ask for advice for someone just getting into the accounting world?

  • @njabulohlongwane9079
    @njabulohlongwane9079 4 ปีที่แล้ว

    Wow,interesting channel.

  • @TheTruthFadeswithTime28
    @TheTruthFadeswithTime28 4 ปีที่แล้ว

    I feel like to become a CFO at a medium to large firm is to get an MBA.

    • @TheFinancialController
      @TheFinancialController  4 ปีที่แล้ว +1

      An MBA will certainly help

    • @hezron1997
      @hezron1997 4 ปีที่แล้ว

      Nah, u better have a CPA with Financial controller or CFO experience from a small firm.

  • @ericeinerson
    @ericeinerson 4 ปีที่แล้ว +2

    I just want to take the Donald Draper path instead.

  • @srirachainthebowl
    @srirachainthebowl 3 ปีที่แล้ว

    Is the business analyst and financial analyst the same? what route should I take. Currently an audit associate in KPMG

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +1

      Not the same. And being in audit is agile enough to hit either. Fin analyst more realistic

  • @AokaSenpai
    @AokaSenpai 4 ปีที่แล้ว

    ah wow, i'm glad i found this channel. Very informative!

  • @Katsumotoyeah
    @Katsumotoyeah 3 ปีที่แล้ว

    Hi, informative video! Would like some guidance on my career, i am an introvert and just graduated about 1yr ago, currently working as a junior fp&a and thinking of pursing ny career towards financial reporting / financial controller. Would an experience in public accounting (big 4) be necessary for me to reach my career goal as an sr mgmt fin reporting/ controller?

    • @TheFinancialController
      @TheFinancialController  3 ปีที่แล้ว +1

      Not necessary but will sure make it much more attainable and at higher salary

    • @Katsumotoyeah
      @Katsumotoyeah 3 ปีที่แล้ว

      @@TheFinancialController how are the hours in big4 though i heard its quite bad