Rsm busy season reddit

I have days where I work from email the bulk of my day. Plus the culture seems great, staff are generally working 40 hour weeks, maybe 60 over the busy season whereas my impression is this could be 80+ at Big4. Jamie Klosterman Sanders, CPA, a tax partner, private client services, for RSM US LLP in thisismypornacc2. Keep yourself hydrated if you drink a lot of coffee. Too vague of a question. But tax consulting, imo, prepares you better for management consulting for a few reasons: Better analytical skills. Tergantung load project sih tp when I used to work in Big 4 banjir project dan lemburan terus. As with anything, there’s a learning curve with this stuff. In my on campus interviews the Big 4 partner avoided talking about work hours, the mid tier partner said you work like big 4 for 3 months and then it drops to reasonable, and the manager I talked with at the regional basically said something has Primarily for accountants and aspiring accountants to learn about and discuss their career choice. level 1probablysomeonecool · 1 day agoCPAMy answer is no, we work 60+ hours during tax season (Feb 1st - April 15th/18th), 40 hour weeks Sept 1st - Oct 15th, and 32 hour weeks the rest of the year. cactipus. between mid-tier and Big 4. Hours will depend on the client as some of my colleagues have told me I am going into my second busy season in audit at RSM/BDO/GT, LCOL. I've been to the gym a few times during the week if I get off work before 8-9. Once you have some success with getting friends/a girlfriend, you’re more likely to start resenting the kind of commitment that busy Busy season is busy. If you're in large public accounting, your busy seasons are gonna run over 60 hours a week. BDO 2021 Compensation Thread. Yes, audit is probably a good one to do during busy season (I did FAR in my busy season Oct/Nov, not that fun). Maybe 4 times a week during busy season I eat fast food. It’ll really I'm at a firm somewhere in the top 60ish and the furthest I've traveled so far was an inventory count 4 hours away. Compared to regular hours, they will slowly ramp up to the deadline. They take hair samples. Focus on the people in the office you would be working with. 45 hours September 1 - October 15. A big difference for me when joining a big 4 from RSM is that my busy season ends March 1st instead of June 1st. 7. RSM is unquestionably the better and more reputable of the two firms. BDO or RSM. Meet the Firms with Average GPA. You’ll work from the office a vast majority of the time, if not all the time (obviously a pro or con depending on what you like, audit travels a majority of the time and only one busy season, summers are a breeze but Jan-Apr will kill you). MembersOnline. Some people say non-busy season averages are 40-45hr weeks, some say 55hr weeks also a massive difference. MTS is underpaid and under You can specialise in specific sectors, try a specialised role in a specific team (doing the same thing every day but a specific thing maybe you enjoy), you do more technical accounting work as you go up, but also have to review the mundane work so it gets more boring in those elements. Yes. 0 out of 5 stars, based on 3,751 company reviews on Glassdoor which indicates that most employees have a good working experience there. I've experienced straight up bullying from other people on my team. Also, use flex if your company has it. Due to findings that occurred during the back end of our substantive testing, we scoped in a ton of stuff. Share. Got the dreaded email that busy season is approaching this upcoming week starting with 50hrs a week. Tax is different from audit, and audit is different from advisory. r/Accounting • Reading this comment was View community ranking In the Top 5% of largest communities on Reddit. I had some scattered weeks during non-busy season when I'd go up to 50 hours for stuff like quarters, site visits, acquisitions, etc, but usually managers will try to give their teams a day off after a week like that (in my experience). It’s not that you love busy season, it’s that you hate the rest of your life and the work is an escape. Ended up working 25 days in a row up to filing day, about 70-80 hrs/week. I made $60,000 (gross pay) last year as a gs4 with the feds during a really slow season, but In my experience B4 is busy all year round, whereas mid tier has breaks in between, especially summer. I still workout every day and have time to study. I am interested in Technology, media, telecom and Fire, but wanted to ask your thoughts on the best industries, the current/future exit opportunities and engagement hours. If you are a client of RSM, ask for a new firm. Risk Consulting (adivsory) in the NY office was affected pretty significantly. My first year was pretty easy and not too stressful. I was Tax at RSM in the North East region. Energy. RSM, first year. Unlimited PTO that actually unlimited RSM, the next-largest US firm, had only 9,670 – about a quarter of KPMG’s size. Also FWIW, CPA w/ second tier firm experience will probably get your resume higher in the pile than B4 experience with no CPA when it comes to exit opportunities. Latest in the Office: probably midnight, latest I worked was 4am and then going into the office at 7:30am. The girls working here told me they have never worked overtime in 2 years whereas with Big 4 the busy season almost meant and In fact, it was encouraged to do overtime. 40-45 a week but depends on client work. Only left because I got a 20% salary increase When I was in mts busy season hours often were 70+ hours and everything is last minute. I can’t guarantee that there will be a lot for you to do, but I know my company keeps interns somewhat busy with mock clients and allows for networking opportunities. 2. Outside of “busy season” it is rare to incur more than 40 hours per week. I kinda feel like the seniors and experienced associates just don’t really feel like explaining stuff to me and that they’d rather just do it themselves. Hours are pretty laid back around non-busy season but crank up to 55 minimum during busy seasons. r/Economics. Playing Playstation and on reddit at 11:00 on a worknight. Enter the portal. I think studying for longer than 10 weeks will result in you Tax has 2 busy seasons a year. More common is seasoned staff leaving right after or before busy season. RSM has an employee rating of 4. You can either allow him to go and deal with being a person down for a week, or you can refuse and deal with being a person down until you hire a new one. Weekly expectations fluctuate based on time of year and office location. Given what the other firms are doing, if you didn’t have any layoffs earlier this year, they’re turning the screws to Here is what I learned through advice from my peers, online research and my own experience. It’s been pending for over 5 weeks now for what should ordinarily take no In answer to question from someone who was big 4 audit partner and now RSM, I can tell you that RSM Hours are significantly lower, on average. Don't mention it in any pre-hire type of stuff. I think I will be much more comfortable in a large office. Read, meditate, walk your dog, look at 30 minutes of TikTok Show More Insights. RSM is a decent middle market firm with industry specialization that varies by geography. Here is a link to the 2020 comp thread . During this time, 60 chargeable hours per week is the standard. (covered for 25, uncovered the last 5-15). I work 56 hours a week. I also often stock up on juice/gatorade and some healthy trail mix. Even passed two exams this busy season. External auditors, you should consider contract work this busy season. Other firms I worked at usually had the 16th as a holiday and some kind of end-of-season party the Friday night following the 15th. Say Joe Adams is someone you would have a beer with. I went from about 2500 hrs to about 2200 hrs. Currently tossing up between two job offers from mid tiers (accountant role) in tax/business advisory. Curb your proud. At worst, it would run from 9am to past midnight, with a handful of nights going till 2/3/4am. Go Big 4. Do you guys bill washroom time or coffee time to clients? Lol I know it’s only a small amount of time but all this little stuff adds up in the day so it’s a serious question. -if you’re overwhelmed SPEAK UP. This makes 2 big, energy and vitamin packed servings. And now today, I received my offer. I’ve received a promotion to New Senior Associate but also received “Showing Potential” for the It was accepted pre-covid that every year there would be some layoffs post-busy season, just the past few years no one was due to more work pouring in to cover not firing everyone AND bringing in a whole new staff 1 group. Try to get as much experience as you can before busy season just so you’re not thrown to the sharks, if there’s no actual work, use their learning portal and take some classes. A honest question about Big 4 busy season / general working hours. Around 50 hours a week until mid march. I have recently joined BDO from a much smaller local accounting firm, and I am blown away by the scale: 100,000+ employees, $11bn+ turnover. 3. If your business is crippled by one person being off for a week (for example, if they got sick in the middle of a global pandemic) then you need to do something about that. An instant classic. The confirmed role is for a Transactions/M&A role at a National firm where I'll be able to explore Corporate Finance, FDD, and Valuations, and. Then as you get experience I could do the same work I did as a first year in 1/4 of the time now. Is it true that Mid tier firms is more healthy than Big 4? Want to genuinely ask the ff: • Worklife balance • Higher ups attitude • Busy season months Thank you please 🥲 It's still a national firm with large clients and a beast busy season. The work has supported me to live my life outside of work for seven months of the year. First years during their busy season. I guess the point of my story is that office politics can be brutal and bizarre. Y'all weren't kidding. I eat mostly healthy lunches. Also consider your busy season. My personal experience is busy season stays right around 55-60 total hours and the unlimited pto policy actually works out in employees' favor and people in my office take 7+ weeks on average. The GT model is more in-line with the big 4, Tenon and BDO have notes in the account saying that their income is made up of income outside of their memberfirms. This involved a ton of pre ipo and public company audits and quarterlies. Then adjust that schedule accordingly based on your work schedule. It’s not untouchable but somewhat less so than advisory. Chichotas21. I ended up studying from February-June for FAR, since it was busy season, while I probably could have just studied from April-June and gotten the same result. $75,000 salary, $2,500 sign-on. Everyone who I knew went there loved it and had good things to say about RSM. Once you get to the smaller/local offices is where you'll see larger salary discrepancies. Hello, Currently I am a Senior Accounting student slated to graduate in December. This subreddit is for all those interested in working for the United States federal government. 36hrs. ) identify your weaknesses and work on them (obviously) 2. That said, no, I have not had experience with quitting during busy season. The work that is “complicated” as a first year will be easy stuff this time next year. Hours and w/l balance are 100% dependent on your specific team and office, rather than RSM vs PwC. Try to hit the weekly projection. You can hire a whole bunch of people so everyone can have comfortable reasonable hours during busy season, then they're sitting around shooting shit for half the year. I think it was because I was pretty oblivious to what was going on around me. Both in the DC area. Edit: a lot of butthurt forvis employees in this sub lol. its-an-accrual-world. Today RSM is conducting Audit layoffs. But as of now, I've developed crippling bad anxiety. Mid tiers here are out by 8 in busy season while big 4 is out till midnight or later. Recommend. Advice and questions welcome. Plus, if i do stay at mid tier firm, will i get as good exit opportunities as big4 (fortune 500) My only concern: how terrible are audit busy season hours (financial services) and how long does the busy season last (PwC for example)? The firm I work at rn has a busy season Jan-March 55-60 hrs/ week. BDO offering $93K+ $5k signing and RSM offering $78K+$5k signing. MY GPA is average (Just above a 3. So better leave after that. BDO USA West Coast. Big 4 hours tended to be about 14-16 a day at peak season, though that's not all year. I responded with my two week's notice. During these months work takes priority. Salaries among the top 10 accounting firms are generally very similar. Now the work is flattening out and so layoffs are needed for new hires to have work. Audit is actually kinda fun outside of busy season. 14 votes, 15 comments. The FDD provider will undertake financial analysis on a target company for the benefit of their client. 6. I’d end up studying 1-2 days per week during busy season. It's a fact of life for tax practitioners that there's a steady stream of deadlines and busy periods from January through December. My team even had a senior manager quit 2 weeks into the busy season and a manager towards the end - and even picking up that slack we still weren't working as much as other teams in the same service line were doing. Doesn't matter, they want you to leave so they can continue to ship work to India and replace you with new students. Leaving during busy season. The client work is Busy season coming up + studying. It’s dumb how the reward for tons of unpaid overtime is just normal working hours ADMIN MOD. The one I'm expecting an offer from is at a Big 4 for Audit. With over 91 offices and 9,000 employees across the country, RSM just celebrated its 90 year anniversary of servicing clients. 523K subscribers in the Accounting community. Primarily for accountants and aspiring accountants to learn about and discuss. 331 votes, 17 comments. I put my two weeks in that day. Having deloitussy on this list is like comparing bunch of bench warmer scrubs against Jordan, unanimous MVP and it’s not even close 😤. I really liked RSM and the people and feel like they would be good to work for. I am not in public, but mostly work 60-65+hrs while I have been studying. You should really sit down with them and let them your gonna be super busy, traveling to clients, etc i lost 2 relationships cause I put work over them don’t do that. Wedding during busy season, asking for advice. Busy season for me peaks at 45-50 hours and the rest of the time I’m out the door the second the clock hits 5. And any potential employer that judges you for the name of your former employer is insanely immature and would probably be best to avoid working for them. The expectation for interns is not high. Either way you'll work extra hours during busy season but maybe check out Glassdoor reviews or some other site that will give you an idea of what the specific office is about. Add a little fruit for flavoring while uncovered (oranges, banana, mango, etc). You'll only have to travel for 2-3 days at a time for a diligence project, unless your manager is in a different office and wants you to work there the last week before issuing. This was probably the big negative of National compared to Big 4. Only in Public, and this sub is obsessed with Public for some reason. Typical case = 2-3 days every 3 weeks or approximately 16% travel. Just curious to see how different it is to jump from the 5th biggest global accounting firm to the big 4. 1. 2) Every day- No exceptions, take at least 30 minutes for you. Partners sending all the work to india and keeping the profits. 1st year Busy season for us is usually more tame than Financial Audit, but for a longer period of time. I basically have not had a break since last December, as I have deadlines outside of normal busy seasons and I still have to bill high numbers during busy season. • 23 days ago. You’ll start at barely hitting the min charge req (55/60 billable usually) sometime around mid February. The thing is I want to find a PAINFULLY cringeworthy, eye roll enduring accounting pun or theme for decorations but I’m not familiar enough with Typically they will only provide temporary housing to full time employees that move and haven't found permanent housing yet. But in busy season, from January to March (or possibly as late as end of April if you're on private jobs) you will be working an average of 50-60 hours, possibly more if it's a complex or understaffed audit. Others I pull from my workflow and review as much as possible. In the summer the hours are good since you likely won't be staffed on much. The best goal to have is to not ask the same question twice. There used to be a time when public got paid more than private and that’s why you stay in public - not the case anymore. Make a rule not to talk/complain about work with your partner for more than 5 minutes. Often the higher ups make a decision and find justification afterwards. NTS usually takes a week tops after your first one, so shouldn't be an issue moving forward for the both of us. My team was 65 hour minimum fall busy season. It isn't just working a minimum 11 hour day, because most people will work 13-14 hours daily. Some are using as prescribed, others take prescribed medication in an abusive patter, others just know This was my first busy season (12/31 YE). It doesn't go over well at the firm. Additionally, all of the contract offers I have View community ranking In the Top 1% of largest communities on Reddit. We did consumer product and biotech work (San Diego industries). Depends on location and role/specialty. View community ranking In the Top 1% of largest communities on Reddit. Primarily for accountants and aspiring How long does busy season typically last for someone with an October start start for audit? If it’s January to April then why do people start 3 months before busy season? I’ll be at a Like everything, it depends. 3 months in, 1st busy season. -Meal prep healthy foods will power you more than junk. New comments cannot be posted. The real bad part is most private jobs now have surpassed RSM salaries. ADMIN MOD. 5. I just got an email back from my recruiter asking if I’d consider staying with BDO if they matched my offer at Any thoughts on RSM AU Melbourne? I came from a local Big 4 so I am aware of not having a healthy work life balance. Yes busy season is high pressure but at the end of the day it's not worth your time or sanity to freak out constantly. It's that you are required to do these hours everyday from early January until Mid-March- if you are lucky. Any opinions on what CPA review course l should buy? Pretty much the title. I started out in big 4 audit for 3 years. r/wildfire. ” Now obviously before I get ferociously downvoted by the few who actually are productive and in some crazy market where there busy seasons are truly 70 hours Take the prestige moves now, and downgrade form size later while leveraging the name. Thing is I had an offer to go private and was planning on giving notice the following Monday (it was a horrible busy season). For the excel, I suggest you create a schedule assuming you need to study 90hrs in total. Do your best, ask lots of questions and take notes! They’ll teach you everything you need to know. My experience might be a bit worse than others but hope this helps people on what to expect in detail. Schedule things for after busy season. You just don't, really, unless you're able to learn effectively on maybe 1 hour a day. Anyone that says a relationship is easy during busy season is either lying or just way better at relationships than the rest of us. If your long term plans ever change, Big 4 is going to give you slightly better exit opps than mid-tier will, so that's just something to keep in mind. I have two offers for a tax associate position after I graduate. Currently in busy season since around August. Hours and schedule in general is a huge change. 7 stars). Some people say busy season averages are 60hr weeks, some say 80hr weeks that's a massive fucking difference. the hours are bad because of the sheer number of them. Not sure if it’s worth it to switch considering I will become a senior after this busy season, but I’m just so burnt out at the moment and want to get out. In theory it could work, like in theory you could win the lottery. -spend time with your family. In recent light of the guy bragging about his A&M compensation, I wanted to share my path to making a base of over $115k as a senior associate in transaction services. I get up an hour and a half earlier than I used to to study in the AM and cut my workout time in half. During busy season will probably be 55 minimum. I️ studied for REG and came within a question or two of passing so AUD is doable. Hi everyone, I have always been interested in Accounting and am in the process of working at one of the Big Four starting september 2017 (I must continue my studies for now). I don’t know if it’s just me, or if everybody exaggerates how bad busy season is. GENERAL. I resigned and accepted the offer last week. The answer is 95% of the time Big 4 as there will be little to no difference in work-life balance, pay, work, etc. Internet Culture (Viral) Busy season is late January to late April for me. Minimum billable hours per week is 55 at GT and RSM during busy season. They'll be very similar experiences and will have similar prestige on your resume. The hardest part of the job is the busy season, because the employee has to work over 50 hours a week. Your first job outside of the fast food industry may not be in accounting, but it can definitely be an excellent stepping stone into an accounting position. Any thoughts how is the work life balance, work culture, busy season months and higher up attitude de in RSM Australia? Locked post. Leaving Big 4 after 6 months and right before Busy Season . Before my Big 4 experience, I've generally been a confident guy and relatively content with life with family and friends I love. I have a question I'd like to shamelessly tack on to this post though. • • Edited. Welcome to r/AustralianNostalgia, a subreddit dedicated to evoking memories of Australia's past! This online community is a vibrant hub where Aussies and those intrigued by Australian culture come together to reminisce and share nostalgic moments from days gone by. In busy season like 50 to 55 because I’m not a manager and not a try hard but some on the team worked way more than me. 40 hours during non-busy season. I've been told that it will build towards the end of each job, ie worked straight 55 this last week but the end of the job I'm on now we will work 70. ) if your senior associates aren't giving you any advice, ask them on what can you do to improve. That to say, you will work on a lot of the same clients as Big 4 which is usually PE owned. This isn’t to brag. Bear case = 7-8 days travel every 3 weeks, or approximately 40% travel. We couldn’t finalize until after BTS gave us the final numbers and there were always changes. Non busy about 40. It pays well! I've worked contracts during the busy seasons as a senior auditor for the past two years. Advice. You have one health and 1 bazillion firms to join. However recently I've heard ''big stories'' about the working hours during the busy season. I’ve read on here that most people work more hours in FSO and that it can be miserable. Look around for other options, especially if there's no bonus arriving. You can try to reach out to different managers to see if they have some work. I plan on taking the Transactions/M&A offer but am open to suggestions/comments. My boyfriend and our friends are about to wrap up their first busy season with one of the big 4s and it’s been hell for them. Heard the wlb and pay for TAS or advisory is better than audit. Busy season here we goooooooo. You're fucked bro. Some people may work more on specific occasions due to deadlines. We were initially working 6 days a week, about 60-65 hrs/week. depends on location and team. They also provide dinner every day in busy season so early busy season (we just started this week) is actually kinda nice. Besides the basic small talk and pleasantries, partner said the typical bump in a non-promo year is 3-7%, promo would be 12-15%. Much faster paced, and seemingly chaotic at times. It’s accurate for a lot of firms. Busy season hours suck. First it depends on the office culture. 55-60 billable, so about 60-65/week. The first firm we would like to feature is RSM US LLP. It sucks but it's what you have to do. Yup, exact same here. Optimist answer: because of the seasonality. Senior, 3rd busy season at a small mid tier firm. Leave before, middle, or after busy season. Then look for a Went to 50 hours in September until we finish/file. My interviews really did paint the picture that as long as I had a good busy season, I'd get promoted. There are alternatives to B4. 4 HCOL was a high performer but burnt out from 5 busy seasons in 2 yrs - went to an fp&a entry level role from PA, early promoted twice to manager in 2 yrs, at another company still manager level ~154. There are required minimum billable hours at these firms for busy season although it can vary on a case by case basis. I’m graduating in May and I no longer know what I want to do. Pros. People working there should expect to There are really two reasons that busy season is really bad, the hours and the pressure. A lot of people over exaggerate how bad the I say A1 because I only went through one busy season, I had a very small partial year in the previous FY. My original goal was to do a few years in Audit and then Look at case studies on the website say you are interested in working on clients of similar size. My tax group works different hours between our own offices. Staff understands the task and ups the hours back to 3 hours (since they already understand it, but it would take 5 hours if you were fresh). Im a support player and I am plat 4, but I have deranked to plat5 im just trying to climb the ranks because last season I got really busy Response 1 of 6: Before I would have told you yes, but the last 4 years here have had tremendous growth and the houses haven only ramped up so we’re about the I will be going to amusement parks durring the busy season with 6 kids, so we'll be sitting in lines for a while. Yeah with over a year's notice you'll be fine. "We consider it a marathon, not a sprint — steady yourself throughout the year," Patel said. 20 people in SALT nationwide, including me. If you find that you need to study more than 10 weeks, I think you should consider rescheduling the exam to after busy season. Sounds like you have a very in demand skill set so I guess worst case you call up KPMG and Deloitte in a year. How easy is it to work *only* during tax Firms like BDO, RSM, GT would be the auditors/tax preparers. I was in audit and easily pulled roughly 4 weeks of 75 plus hours. Big 4 Busy Season Experience. Just mention it to your teams when the 2018 schedule gets put together so they can plan your workload to have you off the day. Discussion. They only had $800M in Tax has two busy seasons, now and before the extension deadline in October. I still only work 40 hours a week, even during the "audit busy season" which is now. 85K subscribers in the Big4 community. “Experienced” Tax Associate. My follow-up interview was with a panel who referred to it as a senior position, not a manager. Get the Reddit app Scan this QR code to download the app now. Mid tier have less resources but smaller clients, so you could assume this figure as you do For me non-busy season hours are 35-40 hours a week max and we do not need to come into the office. I myself has a 3/31 client, so after my regular busy Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Fed feels like they have until filing day to make any changes they want causing salt to have to work crazy hours. I think the consensus will be to do what you think is right for you. Why do you want to work for the company (you love working with a team and solving problems!), how do you handle working under pressure (take a step back, look at the big picture and start checking things off from to do list slowly but surely), etc. I’m feeling personally attack right now. They are both awful but for me tax is worse because you’re typically staffed on multiple engagements simultaneously while auditors (until they are a manager/SM) are typically staffed on one. Also, audit can have 3/31, 6/30, or 9/30 year end clients. Before or after doesn't matter. Or check it out in the app stores Don’t take this as him not wanting to spend time with you. There are a number of threads on Reddit that go into this pretty deeply. Principals and managing directors are the equivalent of partners in a traditional firm. Granted audit has interim work, although interim hours probably aren't as bad as summer busy season tax. In my time at RSM, not once did I ever have the option of going home and then coming back. BDO Flex for us translates to being in the office 8 hours and you work from home 2 or 3 hours at some point. The long answer is that there are a lot of factors ranging from the amount of overtime to the state you work/live in. You'll probably be working on bigger clients and have the 'brand' / 'prestige' behind it. Reply reply Independent_Job_2244 The Reddit Law School Admissions Forum. 3 weeks was 55-60 billable 4 weeks was 65-68 billable 2 weeks was 60-65 billable 2 weeks was 55 billable Maybe another 2 If you’re quitting during busy season you would think you’d be prepared to get let go immediately. I quit as a staff two in B4, took some time off working to travel, and then came back to another public firm. I currently work a 40 hour per week job with a law firm/real estate company. Wow busy season sucks. I got an 12% increase in pay and the prospect of lower busy season hours as opposed to 60-80. Currently about a month into my first ever busy season and holy crap does it suck lol. Consumer and retail. This July for example, I billed about 180 hours during a “non busy During busy season they tell us to strive for 50 hrs a week, billable or not, off season its 40. The only key member of a team is one who makes decisions and has authority. You probably will not audit many F500 clients though, but plenty of people in Big 4 don’t get put on F500 clients either. Deloittussy resulted in my first gold. In about 2 weeks I will be back on the grind. Nope, don't do it. BDO/GT/RSM . First year staff here about 9 months in. Absolutely no comment on audit since I don't have experience with that. Areas impacted today: Transaction Advisory Services. Can anyone give feedback how working life is in RSM? Especially with regards to overtime expectations, training provided and work culture. Like any nationwide, large firm it varies from office to office. You won't lose your job over missing two days. There’s not much SALY in tax consulting like there is in audit. Promotions/raises/reviews occur annually much like many traditional firms. Your starting class become some of your closest friends at work, you get a lot of training and the workload after busy season is very minimal. Your office should hopefully started sharing compensation/promotion news since it’s effective in 11 days. Obviously busy season is busy season but audits are still a much more slow burn process. 18 Share. Budget goes fine. Among the perceived grievances? State Parks lifeguards and officials on Friday, June 28, held a christening ceremony in the Newport Harbor to welcome a fleet of four new SurfWatch boats, state I had a tax internship with RSM in 2023 when I had no knowledge. It’s not worth it and your mental health will deteriorate (I’ve been in public for almost 2 years and I’ve seen it happen with ppl attempting to study during busy season) RSM Work Life Balance. 55 is just the estimate. If you are a newly certified CPA Look in Retain. Reddit's largest economics community. One is for KPMG and the other for RSM. I'm sure the think veiled anti-Semetism will also in no way impact the hirability of this vaoued employee. Cut into bit size bits - 2 tablespoons olive oil, simmer on medium heat for ~40 minutes. Primarily for accountants and aspiring accountants to learn about and discuss their career choice. Not the 75 some people say they “work. I have no set date for sitting for the exam but just wanted to start studying a little first before I apply and stuff. The difference is that my firm hires adequately for the # of clients it has, turns down clients if it means forcing employees into overtime, and prioritizes a reasonable workload over maximized profit. upvotes · comments. For me when I was at National generally 9-11 Mon-Thur and Friday 9-5, Saturday 10-5. However, I'm on a YE and off-YE client so the non-busy season is more like a few weeks scattered throughout the year. Add your thoughts and get the conversation going. I am gonna do like 43-45 the next couple weeks, then 50 for a couple weeks, then 60-65 and then back to 40 and vacation like crazy. National firms (RSM, GT, BDO) and other large regionals seem to work about as many hours as Big 4. Though, I did take reg around 4/30 because I used preparing taxes AS studying. Top 7 = B4 + RSM/BDO/GT Reddit's CEO and COO made $193M and $93M in 2023 but their CFO "only" made $6. As long as you show up and try your best there is nothing to stress about. You wake up at 6:30AM upon hearing a loud sound coming from your phone. my last post wasn't that helpful so here's some advice. Smaller local. Busy season is coming to an end now. Smiley burner373737b. As my 4/15 deadline approached I started getting legitimate anxiety attacks that I wouldn't have my returns and other tasks done in time but I just stepped away for a couple minutes, took a deep breath, maybe took a lap around Busy season might be busy but even then one should always have time for their beloved ones, sleeping and exercises. awards comments sorted by Best Top New Controversial Q&A Add a Comment Conait CPA RSM Layoffs - June 2023. The most enjoyable of the work is to be with your colleagues in a It’s okay TBH. don't forget to factor in the RWB at pwc, which is something no other firm does. I've been told we work approximately the same amount of hours as the financial audit team, just over a longer period of time. This is midwest region, large metro area, but I think it's a nationwide thing. I noticed that, now that my busy season is done and im back to regular hours, im actually enjoying the day to day routine of audit work a lot more. Just glad there has been no mention of 80. Like the work is not hard, you just have less time, and sometimes the shit work that stays shit is just so time-consuming and shitty that it isnt even funny. Dirty little secret time. Depends office and team. 40 flex hours October 15 - December 31. Put on mustard, mayo, sriracha to taste. Edit: Tax is also included in the layoffs. Each week will pick up. This profession is one where people expect full-time permanent employment, not seasonal temporary. Transactions are much different. That said if you're 22 and fresh out of school you might as well suck it up and do big 4. RSM workplace culture is so strong, and the management is always willing to help the employee situations. Share Add a Comment. 10/Noon to about 6-8Pm on weekends. My annual charge goal was the same, at 1,800 hours. Y4: The Staff leaves after promo to senior. Serving as a central forum for In a post on r/recruitinghell this past weekend, this brave soul takes RSM Canada to task. However, BDO came in higher and I didn’t have to negotiate that salary. I had a meeting with the head of department and it was just to go over the restructuring because they were added to our workday 'team' and wanted to get to know me, but I didn't have HR on my meeting/invite. They have made a number of acquisitions so the culture as a whole is a bit fragmented. Kalau consulting/advisory wing ga ada busy season krn selalu busy season lol. Hi friends :) If you have experience working in both industry and at mid-market I'd love to hear your stories. And what are the typical hours worked for busy season vs non busy season. I know it can depend on the office/engagement but I am wondering if there is a big difference in general between regular audit and FSO audit in terms of work life balance. Final month prob looking at avg 70-80 hours/week with hopefully just one day of weekend work unless your engagement is really busy. The most enjoyable of the work is to be with your colleagues in a respectfully environment. Cons. Have your spiel ready. Loved the laid back culture, 1 in, 4 Remote work schedule, leaving super early Friday’s during off times, chill partners, happy hours, burger burns, and not too crazy busy seasons (my office was staffed predominantly by people my age). Reply First year big 4 here. Buy a bunch of bananas and just keep them at your desk. Basically busy season is: This is the same amount of workload, but you have half the 'day', which is why your hour per day goes up significantly. Most of April is pretty laid back but the last week of April is more more or less full blown busy season hours. I really have little to complain about here. I worked on an engagement that was budgeted at 35K at the end it’s probably going to hit $70k. as a senior, your RWB is 4%, so that $125K is base is actually $130K with RWB and that $10K bonus is also $10. Thus, you could classify the largest mid-size accounting firms as those with fewer Response 1 of 5: Varies by office. FDD Chicago no doubt. Plus the partners are super chill and emphasize a work/life balance. You should be officially scheduled for 55-60. Still have quarters which are busy but not bad. 55 billables per week during busy season is presumptively required. I visited a national office and Big 4 office during recruiting, and both offices claimed the same number of hours for a normal busy season. I blew my budgets on every single audit engagement I worked on this busy season. KPMG vs RSM . Private enterprise. “Unlimited” PTO. 🍑eloittussy will forever be ingrained into my mind. One thing to understand is that as a staff you're not responsible for client's quality of documentation or understaffed engagement, you're just a doer. I'm not an accountant but have been working in public accounting on the admin side in tax for about 5 years. Visit r/churning and they should guide you in the right direction. I actually felt the most down my first busy season since it was like drinking through a fire hose. Her starting salary was about 8% higher than mine, but seeing as she was in tax and I'm in audit that is to be I'm sure ragequitting with the tagline "only beer and Corona" during busy season (early busy season) will in no way come back to haunt this chucklefuck. . Industries: Fire. The limit does not exist. Bro, you are just accounting intern at accounting firm. Get a therapist, honestly having someone who is there to just listen to your stresses (that isn’t your SO is so wonderful) Biggest indicator of how you might perform during busy season would be how you've performed before it. So if you don’t mind working crazy hours for part of the year and then chilling the rest then you will like it. Based on my feedback, I feel I have had a good busy season. ago. How I more than doubled my salary from audit to Transaction Services. Our engagement teams were very small (typically 1 Senior and 2-3 staff) and we dealt with multiple client per busy season, so any staffing changes would really impact those employees left If you haven’t passed any test yet then maybe put a pause on study til after busy season since your time limit to pass in 18 months doesn’t start til after you pass 1 of them. Heard from a close friend that RSM had a big round of layoffs today - all levels, audit and tax. It’s one paycheck and they likely left for a raise. CEO Approval. Quitting as an Admin During Busy Season. As for airline cards, you want to get a card for an airline that has a hub in your city. I couldn’t imagine trying to study during busy season. I make 58k (3% 401k and meh health insurance) and generally enjoy my job - I mean, its public, it isnt 55 hours the first few months isn’t bad as long as you actually do get to hit the brakes a little later on. I accepted an internship offer from BDO last fall and just did an interview with RSM last week. Scan this QR code to download the app now. Last fall I got an a full-time offer from EY that I accepted. Try Robert Half. Everyone should be applying for new jobs after 1 year. Watch a little less TV before bed. So basically the same as you would find in B4. Its going to take effort and even then it may not go smoothly. A certain percentage of auditors, I'd guess mostly staff and seniors, are on some form of add/ADHD medication. Or check it out in the app stores Home; Popular; TOPICS Thoughts on RSM Australia with the ff aspects: • Work life balance • Working hours during busy season • Busy season months • Higher ups attitude Thanks please :( Locked post. If you want to exit into funds, you should mention it, but I don’t think it’s something to flex about if you’re going into a totally different industry. Just figured I'd put this thread out there as others chime in with more info. This first month or so of busy season has been weirdly slow for me. The are always exceptions, but RSM workplace culture is so strong, and the management is always willing to help the employee situations. Size of Firm: National (GT, RSM, BDO) Role: Audit. It's the long term 55 average in busy season that matters I have a “change of status” application awaiting endorsement at the State Department. I legitimately think I should quit the end of busy season. Not much of a message sent by the partner. If your seniors or mangers put pressure on you then you just need to tell them the truth. Any advice would be wonderful! RSM vs BDO for an internship. Do a lecture or two in the morning and really focus. The RSM employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3. I owe everything to the glory of the deloittussy. -prioritize your sleep. Busy season is 2 months for our firm. Highest charge hour week was 90. Fall busy season it was about 8-9AM to anywhere from 10-2AM depending on how much work needed to be done for the manager the next morning) during the week. Do an internship at big 4. I would say the earlier part of busy season is worse for audit and Very repetitive, you mostly only work on cash and investments (a lot of confirms). Working 60+ hours a week is slowly draining Salary-wise, I took a paycut from $75K to $65K to join KPMG. October will be the same only the 50’s start sooner. Obviously, it will be humbling if I go back to my old office, but hopefully after another busy season things'll go back to normal. I learned this company doesn’t value the two week notice so why bother giving it. Intern and first year barracks at bdo and rsm are coming 2024 due to high cost It's usually office. Work in FDD in Big 4 in Australia. Its not BDO/RSM. Yep. I don’t agree with my CA’s performance review rating. Outside busy season I don't work more than 40 hrs a week and during busy season from like mid-Feb to mid-Apr its about 55 hrs a week. Planning, interim, year end, the whole thing is much more phased and parceled out. Only saying this since you said that was a reason you didn't want to consider B4. 100% remote, HWH Tax, minimum 60 charge hours during busy season. Client communication pretty As someone who left RSM for a Big4 firm, I can tell you it would be a much better start for you in the long run, for multiple reasons. • 9 yr. 5k/yr salary, only 10% bonus potential (startup) but hoping to get a director title/bump in the next year. In my office everyone who got laid off had little kids. Reply reply. They are more desperate to fill their ranks before the busy season, they have budget for it due to the exodus = higher pay, in some cases 20%+ higher. Probably 10-12 hrs a day, 6-7 days a week. One city could have a decent work-life and the other could be a nightmare. I had a GT/RSM/BDO offer in Chicago, B4 in DC, and GT/RSM/BDO other midwest lcol and had to go I subscribed here when I was applying for entry level jobs (Actuarial, not accounting) and stuck around for the memes. I want to throw them a party to celebrate their last filing day. They are both are similar pay. Honestly, if you start during the off season, there’s not much work to do. RSM Round 2 Layoff - Audit- June 2023. 18 team members. I just started studying for FAR this past week too. Buddy of mine worked for BDO and his busy season hours would run between 55-70. So long story short, I work at a top 20 public accounting firm in I Tax. They are all video game enthusiasts so I figured a cheap portable Interns trying to help during busy season 0:24. I’m 3 months into my job, entering my first busy season and I’ve got a question for you all. Having reviewed GT were 5th globally in 2020, based on member firm revenue. I was working with Big four and switched to BDO last week. And they're very lax about how and when you work those hours (as long as it doesn't interfere with fieldwork) as long as the work gets done timely. I’ll be McSadrey if I don’t get the job. I'm getting close now, honestly. Ours tends to be more like 55 during busy season but higher on occasion if there is a special project or tax provision I started last September and am now wrapping up my third busy season (1st one around Christmas to meet a deadline in early jan, “normal” one in feb and March, and now a late What's the 1 thing that tells you how long a person will last? General. I work at a national firm (GT, RSM, Crowe) and my longer weeks top out at around 60 hours. It just wasn’t productive. 424K subscribers in the Accounting community. Made peanuts. Business Outlook. Interestingly Mazars would be higher up, but they have used the big 4 model. The differences between GT and RSM are the same kind of differences found between the big 4, meaning you should basically pick whichever office/people you liked more. Mine was pretty explicitly because I'd had a second kid 🙄. As a gs3 with the federal government, maybe $30,000 depending on how busy the season is. RSM is the leader of middle markets depending on the office’s geographical area, partners specialize in whatever industry is booming there. I work at a small firm, not big 4. They don't test. KPMG - 74k base + 5,000 CPA Bonus RSM - 72k base + 2,000 signing bonus + 5,000 CPA Bonus But busy season is busy season It is much easier to move into big 4 FDD after working in it. 4. New firm doesn't set charge budget goals. Best to leave if you have a new job lined up, but quit sooner if you need to. Agree with all of this. If RSM is going to have layoffs, it will be at the end of May/early June. This is the Reddit community for EV owners and enthusiasts Y3: Staff stays and new procedures are added. Nor do I know of anyone else who did that. I've only been there about 4 months out of school, and it's not unbearable yet. 2 weeks was 45-50 billable. It's a question that simply has no answer. If Big 4 means a few rough months of 55-60hr weeks with a few 70-80hr weeks sprinkled in, that sounds much more During busy season, you barely get enough time to sleep and eat at some moments. Not software engineering or rocket science intern at tech companies. And . I personally think this career trajectory is really underrated, and too many people try to internally transfer in big 4 vs starting in the service line somewhere else. I worked at RSM San Diego and it was total trash. Extravagant shelters nearly always doom contestants, and many times it seems it was mostly busy work to I cant tell if im losing because of myself. The hours suck no getting over that but put your head down and just try your best for 55 hrs a week. 100% this. Ugh people got way to cocky thinking audit was untouchable good luck everyone. However the flip side is off season is slow. Lots let go today and likely more to go tomorrow. -GO TO THE GYM or DO SOMETHING ACTIVE EVERYDAY, it’ll keep your endorphins up and help stress levels. It needs to be made clear that the answer to these types of questions are always ‘it depends’. 4K with RWB. What are everyone's actual average hours during busy season? Right now I'm assuming 70-80/week avg for B4 but not sure if that's accurate. At best, my workday during busy season would run from 9am to 7/8pm. Making $50k. Performance bonus 2x/year (3-6%) 2350 hours/1800 chargeable. Remarkable-Ad-6515. Why Big 4 pays less ya krn they have more people, pay structure beda (MBB, boutique firm gak ada lemburan), secara pricing di project pun beda, harga projectnya Tax does have a "second" busy season due to extensions though. • 6 yr. Reach out to have them reduced because 75+ is absolutely unreasonable considering the amount of time you will be expected to eat. The short answer is that it sucks. Obviously there are not real partners since it's not a partnership. The best place on Reddit for admissions Back 10ish years ago (in the Chicago office), RSM pushed super hard to recruit talent from Other firm with more money and better opportunities. Key to surviving busy season with your mental health and relationships in tact: 1) Advise your friends and family that you will be a little less available over the next few months but you will make time for the BIG stuff. Seniority: Senior. I've worked places where it's been anything from 50-90/week during busy season and want to make sure that I'll be properly compensated for the anticipated level of work. For audit, the general rule is that there is a ~4 month busy season from mid January through April (assuming a 12/31 year-end). As soon as busy season is over I switch to studying 2 hours each morning and 6 hours on Saturday. As most public accounting firms, the deadline to finish tasks is tight. Emphasis is on project completion and realization. I’m finishing an audit internship at RSM, so they’ve started talking about a full-time offer. 55. It’s left me with a sometimes laughably low amount of work some days. All the stress is self induced. However, busy season is very busy lol. Average Hours: ~62. RSM Layoffs - June 2023. IT_Audit_is_trash. The two offers I got back from Big 4 firms were $74k with minimal travel (one week per quarter) and $82k w/ significant travel. [deleted] • 8 yr. Got offers from BDO and RSM both Senior associate positions. u/throwaway_acct_8. The technology was also a At an average firm (which is still shitty but yk) if you stay productive the vast majority of the time busy season will be in the 55 range. Big 4 here does 20-30 more hours a week in busy season. This is a goal of mine, and especially since I graduate just around busy season, I Joined B4 audit as A2 last summer and was approached by a recruiter for RSM TAS team. I'm in nyc metro and hours are no where near comparable. Award. Also by far the worst raises/bonuses (they didn’t do bonuses when I was there, they’d tell us that the bonuses were “built into the base salaries”) of any public accounting gig in my experience. Id love to serve the middle market because i can really make a difference in these size companies. I thought this story of mine might help certain folks on what their general expectation should be, working at big 4. 0) and although I have had internship experience, I do not have experience working in a public accounting setting. I'm Big4 Tax, Major Market. It is impossible to answer this question in a way that it truthfully apply to every practice and every office. a_r623. Often times there are lots of unhealthy/sugar snacks in the office and it is better to have healthy ones at your desk. 6M. I've been with my current firm (midsized, only one office but full service) for about 2 and a half. Weekends: Most weekends on Saturday, Sundays from home as it got closer to issuing. Prior firm expected 1650 chargeable for managers. Hearing rumors from multiple sources that RSM is conducting layoffs today and for the rest of the month. While what we do is perhaps a bit more math intensive it’s sure as shit not enough for a 60% Last season they rewarded us by informing everyone that we needed to come back to the office in-person by May. Or check it out in the app stores     TOPICS. Do keep in mind though that summers aren’t very busy for audit. Don't know exactly what it is for an audit senior but would guess somewhere in the 1700-1800 area (prorated if you join mid-year). Probably 45-50 hours. I work out on the weekends. Cruised by at around 45 hours/week. Since the application process itself is often nothing short of herculean and time-consuming to boot, this place is meant to serve as a talking ground to answer questions, better improve applications, and increase one's chance of being 'Referred'. 80+ on the bad weeks. Really slow. Improvement in your quality of life, more hours of sleep each night, potentially an increase in your salary if you end up working in industry. you won’t get the busy season bonus. I’ve seen this happen. As long as your performance reviews are solid, then you shouldn't worry as much. There are a lot of pros to working for RSM. Not actually. RSM is 10%-15% lower than comparable firms or Big 4. For reference, I'm at a B4 (audit) and my gf is at RSM/BDO/GT (tax). Progression within a firm can be going up through the The rewards cards tend to be better for hotels when you stay at them relatively often. Reply. New Staff comes in with no prior knowledge and no senior. I did not think it'd be a huge deal as I thought I would make it up within the six months it took for promotions to happen. They offered me an internship paying more than BDO, so I decided to rescind my acceptance of BDO’s offer. I’ve really liked some of the people I’ve worked with at RSM and they were very understanding when I got COVID and had The office had a reputation within RSM for being one of the most toxic. Sort by: As you remember two weeks ago, Reddit posted “RSM Layoffs-June 2023”, which mainly targeted advisory. They also approved my fully remote request and I'm satisfied with raises and bonuses over my tenure. depends how many clients you are on, how many CLA may be a “top 10” firm in terms of revenue but their organization and quality is a huge step down from the Big 4 or national firms. Varies by market but big 4 gets hit hard in some areas. Of all the different industries, I feel like funds really throw you in a pigeon-hole. In public accounting, they don't want to know. Deadline week is higher. At least you have the first NTS out of the way. This may be the move I make, but if not I'm going to try and pass my resume to friends at the other Big 4, RSM, GT, etc. 64K subscribers in the Big4 community. However this is partly because I specifically requested to be kept close to home in case my wife, who was in her 3rd trimester of pregnancy during busy season, went into labor. But if you both truly want it, you’ll make it through. I always forget how much fall busy season sucks. /discussion. (2) Kind of hitting a "reset" button -- staying around associate level versus continuing to progress with current company. I prefer that over dragging it out. Hey everyone, So I started my job in audit at a Big 4 in August and initially didn’t hate it. But ofc it’s typical for a loser like you to misrepresent and over simplify it because you are miserable in life. Never ever put anything before your mental health. Then on weekends from home, I help a family friend with tax returns, as she has her own accounting firm. Whereas with tax, it's pretty common to take time off of your client and put it to general admin for time spent chatting to coworkers, etc. i dont know about RSM or Crowe, but definitely AVOID BDO at ALL costs. I put a ton of effort into supporting my immediate team and participated Nobody's responded to this post yet. No! You will be working those hours for sure but you should not be officially scheduled for them. Technology, media, telecom. -Make time for yourself and loved ones. Depends, what position and which office? Generally work life balance is great at There are opportunities outside of big 4. I have been invited for an in office interview with a Big 4, Top Mid Tier (GT, BDO, RSM), and large regional firm. I went back to work for an old boss after leaving AFTER season ended, and the old boss was still hurt about everything. 5. I’d say no less than 55 hours a week, probably averaging about 60 would be considered pretty reasonable. Screw the firms that let Depends what you want down the road - B4 will open more doors with F500/SEC companies, but for pretty much everything else GT/RSM/BDO will hold equal weight. I like the methodical nature of it, starting with the risk assessment, thinking back to the issues the client had in the previous audits, deciding Got a feeling it’s going to happen at Crowe too. Yes I was initially confused why you bill the client for more than 40 when you don’t get paid for hours above 40. Plus, in my opinion, mts is more complex than BTS because you have to deal with all the state tax rules, and they are all different. Two tax groups in the same city but at different firms may work different hours. Or check it out in the app stores On average I was working 50-60 hours during busy season. She only needs the help through busy season for the most part, but I get 50 percent of what she charges each client (which is usually $150, so I get at least $75 Though I'm sure my busy seasons are only going to get worse from here. Their values consist of respect, integrity, teamwork, excellence, and stewardship, making RSM a great company to work for and be a part of. Pace yourself. It's not a lot (maybe three or four per busy season in a ~1k person firm) but it definitely happens. r/Accounting. Feels like a decent trade off. The correct way to refer to both firms is BDSM Bingo. Financial Due Diligence, also referred to as Transaction Services or Transaction Advisory Services, is a service provided by professional services firms to clients on either end of a potential transaction (M&A). Then do the skills/MCQ at night. Then, drop it. Part of this is due to the inherent nature of tax, but a lot of this was due to TCJA being passed in 2017 and so much of it being so new. But a few interview tips: practice, practice, practice. Financial services. Definitely possible. jw uk kx hl pn mo nz mi va oq