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The primary purpose of this article is to offer a balanced perspective to those who may be interested in such a career path regardless of industry focus or subject matter area.The article is structured with bold headings and key takeaway bullet points for those only interested in a quick scan.Once the business case is formally presented and a firm commits to the investment…Recruit, train, sell and bam! This exemplifies why professional services firms cannot have a flat or rigid hierarchy.It is for that main reason that such a fluid organizational structure must be in place.It may be a “bad luck” scenario for companies, but it could be a “big opportunity” for their professional advisors.This event could provide the foundation for a “business case” to create a new practice in order to address this potential need of the future.These groupings also vary from country to country and region to region depending on client demand in that particular geography. This is a possible scenario, I might add, given today’s market conditions.These “service lines” then roll into four major divisions which are: Assurance, Transaction, Tax and Advisory. The new regulation will have a significant impact on these companies for obvious reasons.

After some time contemplating the potential challenges that such a job would offer, I decided to pursue a chance opportunity to join the ranks of Ernst & Young LLP. Looking back, I feel as though the six years of professional experience I had accumulated prior to joining E&Y, although invaluable on many levels, simply did not hold a candle to the client exposure, professional networks and shear rapid-fire experiences afforded to me in my present capacity.

Click to learn more I’m frequently asked by friends, family, clients, job candidates and random people I encounter on my travels what it’s like to work on the advisory side of a Big 4 firm. Its goal is not to solicit top talent or self-promote services offered or whatever other angles you might have running through your head right now.

Reaching this point has taken an immense amount of patience, hard work, resilience, ambition, and even a little luck. To be clear, this article has not been written under the guise of any Big Four recruiters.

Let’s forget what these groupings actually do for the time-being. Because they have to so in order to remain current with the rigorous demands of an ever-changing market landscape.

Now, imagine twenty (random number) other practices such as PAS which falls under the RAS umbrella. Now once again try to imagine ten or so other service lines like RAS with once again a bunch of sub-service lines such as PAS. New practices form and old practices consolidate just about every year. Here’s an example: Imagine for a moment that a new regulation to govern “Wall Street” firms is passed and will be enforced in one year’s time.html head meta http equiv content type text charset ISO 8859 1 title Google style body td a p h font family arial sans serif size 20px color 3366cc q 00c script function sf document f focus bgcolor ffffff 000000 link 0000cc vlink 551a8b alink ff0000 onload if images new Image src nav logo2 png topmargin 3 marginheight center div align right nowrap padding bottom 4px width 100 href url sa pref ig pval www de 3Fhl 3Dde usg Z0CJb WM4Hl Sg Uf Avcq REfrp5hx E Diese Seite personalisieren nbsp https com accounts Login continue hl Anmelden img alt height 110 intl logo gif 301 br form action search name defer table border 0 cellspacing cellpadding 4 tr b Web class imghp ie oe tab wi Bilder groups grphp wg news nwshp wn froogle frghp wf options Mehr raquo valign top 25 input hidden value maxlength 2048 55 Suche btn G submit btn I Auf gut Gl??