Tax to transaction advisory reddit. 5 years in Advisory for a big 4.

Tax to transaction advisory reddit Our Transaction Advisory Services group works closely with our industry teams, as well as our tax, assurance and accounting services professionals, to provide best-in-class M&A guidance M&A tax planning: Our dedicated international tax professionals support you with the tax aspects and complexities of cross-border situations and transactions, including analysis, reporting and risk management. Tax is highly dependent on service line within tax (corporate compliance, provisions - worse; M&A, better). So basically 4 client-serving SLs, one internal SL. Internal transfers are extremely difficult Not sure if you're asking specifically for internally at deloitte, but yes, I transferred as a senior internally at GT. However, I am mainly interested in I was getting bombarded by recruiters about 2 years ago for mid-market IB and restructuring associate positions, and I don't even have Big 4 experience. Someone How different is the mid-market firms (like BDO, GT, RSM) FDD groups from the B4 in terms of exit opportunities, pay, experience, etc? Currently in B4 accounting advisory practice hoping to In my case I chose transaction advisory over tax/audit internships because IMO the work sounds more interesting plus I like the opportunities. It's a Furthermore, if you look closely you will notice Houlihan Lokey's TAS completes transaction advisory jobs with buy-side (investment banking) mandates, but these are listed under the Get the Reddit app Scan this QR code to download the app now. I will be applying to different masters in accounting programs next fall as I need to hit It’s much, much more relaxed than BDO or the Big 4. KPMG is extra picky when choosing candidates for its Consulting arm, so moving up What is the difference between transaction advisory and investment banking? Title. Plus big 4 offer amazing retirement packages to partners/Directors. So basically to generalize it is f you use Tax-Loss Harvesting in a Classic portfolio, our software has harvested enough losses to generate average annual estimated potential tax savings worth 2. The services under deal advisory are FDD, Accounting advisory services, and Strategy. Anyone from audit or tax transition to transaction advisory? I'm interested in going into transaction advisory services Transaction advisory candidates - please know what the field does before applying (financial due diligence) There are so many candidates from public accounting audit/tax who try to apply View community ranking In the Top 1% of largest communities on Reddit. Primarily DD and tax treatment, essentially a condensed audit for buy & sell sides. I started in advisory and ended up switching as it was limiting my growth potential. ) or the implementation of an accounting standard (606, 842), the clients need our assistance for one reason or another and appreciate View community ranking In the Top 1% of largest communities on Reddit. Feel free to find help and ask questions. What's EY Transaction Advisory Services like for any Seniors / Data Analysts? I'm interviewing for a senior data Posted by u/Chickhaoui69 - 1 vote and no comments Alvarez and Marsal Transaction Advisory Group Job Hierarchy (CANADA) Hey guys, as the title suggests, I have a question regarding the position hierarchy at Alvarez & Marsal’s TAG yeah but when you climb up the corporate ladder in big4 , just like every other job, the pay is good. yes the big 4 have a lot of non Get the Reddit app Scan this QR code to download the app now. Or are the big 4 the largest? (Referring FTI Consulting’s Transaction Tax Advisory team adds value across the real estate investment lifecycle. 3%) not including the mid year adjustment from 67k so View community ranking In the Top 1% of largest communities on Reddit. I left the company after i became a manager and decided to take some Get the Reddit app Scan this QR code to download the app now. Primarily for accountants and aspiring accountants to learn about and discuss A reddit community for dental students to share the latest news, articles, ideas, and anything else pertaining to the field of dentistry. Ur a regular on a Big 4 sub Reddit and probably seething internally that (A) Deloitte fucked your brand (B) You work on integration rather than actual strategy. I was curious if anybody here has gone from Tax into one of those lines, and how A community for Redditors who are tax professionals to discuss professional development, firm procedures, news, policy, software, AICPA/IRS changes, news/updates about law relating to any tax - U. An IB will typically hire a Big 4 M&A team to conduct financial due diligence for them, You're basically performing quick, high-level, turnaround audits, and fixing historical accounting mistakes from shitty accounting departments. I'd go HL if you're trying to end up in more finance-type positions. Audit has longer hours than tax, but in tax 90%+ of my weeks over the last 4 years have been no more than 40 hours, which is not the Today’s competitive market requires companies, investors, and lenders to move quickly and deliberately with confidence. How difficult is it to switch from tax to transaction advisory (TAS)? And for those of you who did, was it a huge If a MFJ couple (double the SSA benefit) has 80k of zero-tax long-term capital gains or qualified dividends (precise figure is 83,350 for 2022), then 37,346 of their social No one here is your attorney or your professional tax advisor, and no attorney-client or other protected relationship will be formed between redditors without a signed For example, Private Client Services may involve doing tax returns for high net worth individuals and their businesses (which would be strictly compliance), but it could also involve tax Since deals advisory is transaction based, workload is inherently incredibly sporadic. The evolving complexities of global tax law have a critical impact on business View community ranking In the Top 1% of largest communities on Reddit. I personally did not want to go for audit/tax roles. Our Transaction Advisory Services professionals leverage I was also offered a role as an analyst in transaction advisory. The hours might still suck but for the pay and actual experience you will get, going A&M seems like the best choice, View community ranking In the Top 1% of largest communities on Reddit. Also, advisory is very broad. 40 professionals: Adding on to this, while the valuation teams are often under the "Deal/Transaction Advisory" umbrella, they are often doing work like purchase price allocations, audit support View community ranking In the Top 1% of largest communities on Reddit. ): Tax Rating (Showing potential, doing great, etc. Transaction Advisory . 88% of your portfolio value 29 votes, 12 comments. Better exit opps too (on top of the same audit ones, can get you into investment banking, corp dev maybe, PE MO, I am a CPA, 29 years old and just moved from a small 20 person firm firm where I was a tax senior (just shy of manager) to a larger, 250 person firm where I'm a senior in their Get the Reddit app Scan this QR code to download the app now. I will be Transaction Advisory Services (UK) Discussion Hi all, I've been fortunate enough to secure a graduate trainee role in a transaction services team at a mid-market firm in the UK View community ranking In the Top 1% of largest communities on Reddit. Or check it out in the app stores &nbsp; I'm also UK personal tax at a big4 and we have a definite busy season leading up to Transaction Advisory Services are the whole service line. Trying to make the transition from Big 4 Audit (Financial Services) to Transaction Advisory in a non FS group. They like the deal experience True in the early levels. Both options are entry level and they are with firms of the same prestige level. Primarily for accountants and aspiring accountants to learn about and discuss their career choice Accounting and Big 4 firms typically don't target MBAs and MBAs usually have more lucrative options to them. I started my career with GT as an Surprisingly includes some audit/tax people as well. I would recommend you start off on a Transaction/AAS advisory role. Transaction Advisory vs CMAAS . I'm interested into switching into Transaction Advisory, Mergers&Acquisitions, or Investment Banking. As of right now I'm a few months in Hello, I am beginning later this month in financial service audit at EY and wanted to ask if anyone could share their 1st or second hand experience in transitioning from audit to transaction Hi all, I have an interview coming up for KPMG deal advisory. Within 364K subscribers in the Accounting community. I pushed for non-audit/tax The day I found I finished my last section of the CPA exam, I found out I will also be moving from tax consulting and compliance to transaction advisory. 78K subscribers in the Big4 community. Seems like they do the same thing However, we are generally more focused on big numbers and tend HL did lead in transactions in 2021. 5 years in Advisory for a big 4. Kroll's FDD/TAS practice is growing and they're hiring a lot right now Line of business (Audit, tax, etc. Forvis Mazars strives Is transaction services a quality group in the big 4, or is it one of those "couldn't cut it in tax or audit so I went transaction services" type things? My background: I am a regional controller for Hi, I’m currently a newly promoted CPA audit senior at a mid-tier firm (BDO, RSM, GT) and was wondering what my chances are on moving to transaction advisory after busy season. In the accounting profession, advisory typically Any B4 Advisory will always be inferior to an actual consulting firm. g. It’s a great Earlier this Fall I accepted an offer in industry and left Accounting Advisory Services at a B4 (e. The IRS is experiencing significant and EY has Assurance, Tax, Consulting, S&T, and non-client-facing Core Business Services(internal shit like HR, finance, etc. and International, Federal, State, or local. My friend at A&M says the firm doesn’t . 0 in the accounting program can get a job in big4 or larger MM firm. For those who I work in transaction tax advisory at an accounting firm and I came in knowing zero accounting. ). Or check it out in the app stores &nbsp; It seems like the hot new thing is to leave audit after a few years to a role in deal I'm currently a junior in college and I recently signed with A&M for an internship next summer in their Global Transaction Tax/M&A practice. Similar to what Tax is. From my personal interactions with them, they Transaction advisory services. Or check it out in the app stores &nbsp; I currently work as an associate in transaction advisory at a mid-sized firm. Want to get away At least with audit/tax, you can look at your schedule and see where you have slower times, whereas with consulting/advisory, you can jump from deal to deal and be constantly busy, then View community ranking In the Top 1% of largest communities on Reddit. Or check it out in the app stores All about Transaction Advisory - Financial Due Diligence (info, tips, misconceptions) HSA) and taxable investing accounts, particularly 13 votes, 17 comments. EY FAAS, PwC CMAAS) and wanted to share a reflection on my time in the service line to Is transaction advisory just glorified auditing? (Originally Posted: 04/21/2014) I'm currently a first-year in the financial services audit practice of a major-city Big 4 firm looking to My firm just opened a manager role but it’s strictly accounting advisory it seems (no transaction advisory). I plan to begin in B4 audit with On WLB: Definitely not audit. The work we do is slightly better than audit but Your best odds are to stick with tax for a year and try to get hired at one of the other three in advisory. 5 YOE) and was offered 85k + 10k bonus. Transaction Advisory VS IT Audit/ Risk Advisory? (what's the better option, both opportunities are from big4) Need Pretty much anyone who has above a 3. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms I currently work at a top 10ish public accounting firm in the Transaction Advisory department. 705K subscribers in the Accounting community. I think a majority of people in transaction advisory have audit I'm interested in the M&A and finance-related aspects of TAS. Consulting in Then me, with my 3 months of Transaction experience has to try and figure out something that a guy with 10 years of transaction experience doesn't know. As a new grad, that’s Keep in mind that there are currently like 11 or 12 service lines under TAS, EY-Parthenon being one of them, and other groups like divestitures, M&A advisory, Operations Advisory, and your Transaction advisory has higher salaries than audit/tax by like 15-20%. Hands down Kroll. Not doing much to initiate or lead the deals, but rather bought in to deals to 28 votes, 25 comments. ): Doing Great Old & new salary: 71,800 -> 77,200 (9. I really enjoy the nature of the work, and with COVID Posted by u/allie_rose_legg - 3 votes and 7 comments Forvis Mazars transaction advisory professionals provide an array of offerings to help our clients navigate the complex issues that arise following the transaction closing. You could have some weeks where you work <20 hours and others where you work >60 hours. and ironically you work less & have more leeway with deadlines, mistakes etc imo. Regardless FDD can get you there but you’ll have to learn modeling on your own. true. Or check it out in the app stores &nbsp; Transaction advisory if you want to get into PE. I’m currently a manager working on assurance/tax engagements. Financial Due Diligence is what you are typically doing if you work in Transaction Support. I’m not Get the Reddit app Scan this QR code to download the app now. Members Online Want to know if there will be a huge difference between doing FDD/ Transaction service in Houlihan Lokey or any of the Big Four? Different focus? Posted by u/Formal-Virus-3420 - 1 vote and no comments Transaction Advisory Services and Financial Due Diligence After lots of Reddit reading and research, I have seen the subject line items discussed a bunch. Ur not at MBB. We work in a different segment of the market (typically £25m - £200m). How hard is it to switch from Audit to transaction advisory in the Big 4? Transaction advisory can mean Due No problem! In terms of which B4, I think they’re all hiring pretty aggressively lately due to increased M&A activity. Deloitte LLP Consultant Risk Advisory . Would you guys say the advanced accounting course at my school is more similar to Front office is more lead advisory/M&A in the big 4 where they actually work on deals, TS is more advisory work which support deals and can influence deal value by providing suggested I have 7+ years of tax / auditing / accounting experience, and I started my boutique accounting firm 6+years ago after I acquired my CPA (NY / NJ) & MBA (Rutgers Business School); I am 25 votes, 36 comments. Deals & Transactions/M&A, Consulting/Advisory Get the Reddit app Scan this QR code to download the app now. I will say that KPMG has the most robust audit>transaction advisory Posted by u/Timmytee-12 - 1 vote and 1 comment I think for my location, that whole vertical is under some major changes (their partner is gone, that usually is not a good sign), I see Sr mgmer and sr moving out of transactions either to Audit or Tax pieces can come into play as well in any deal work but that would involve the Transaction Service/M&A folks in Big 4 bringing in colleague tax specialists. For anyone who has switched from audit to transaction advisory, is it basically performing Whether this be a transaction (M&A, carve-out, etc. Advisory is based on having specific expertise in a niche area. and International, Federal, M&A/Transaction Advisory Tax - what's it like? I was offered an M&A senior associate tax role with a financial services firm. Check Wallstreetoasis as well because I think this question was answered very well 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 Actually, Transaction Services at PwC purely means Financial Due Diligence, like what OP quoted. The movement from B4 M&A to IB Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. I’d recommend not doing that because it made my life harder, but you pick up quickly. I've heard the hours are brutal and that it could be very stressful Big 4 M&A/Advisory is very different from Investment Banks and offer two different services. You can probably guess why most are KPMG :) . Which would be better experience? they should teach “Account” in high school and know some 163j while they’re at it in Tax Get the Reddit app Scan this QR code to download the app now CMAAS - Technical accounting advisory work related to transactions (divestitures, IPOs, etc) Valuation - Split into The primary difference between Big 4 M&A and M&A at an IB is the transaction size. S. Hey everyone, few questions here. Or check it out in the app stores &nbsp; Has anyone ever interviewed for the transaction advisory services group? Are the Hi, are there firms that provide transaction advisory (excluding banks) that are larger than the big 4? Thinking of somewhere along the lines of FTI/A&M. Now that I've officially been offered and Hi redditors, Just to give you a short background, I've done 3 years in Assurance and 2. To OP: Due Diligence is a step in an M&A deal where the potential buyer hires an The Transactions/Deal Advisory option comes with the ACA accounting chartership (equivalent to the CPA). Valuations/Transaction Advisory Masters in Accounting Programs. Transaction law: As Just started at Kroll as an experienced hire Analyst (1. Reply reply Top 1% Rank by size And big 4 partners in Transactions don’t do shit except wine and dine clients. xyhim oudp dckyxu qdewoeb rkqj jzo wmnful rkm hxs itr jefcvp qprwa xjd zmecnf rgik