Accounting: should I start next to public or private or gov? pros/cons? So i graduated 4 yrs ago, worked retail detested it went pay
which sector would be best and pros.cons? (salary and advancement). as far as cpa, its my goal but prob in roughly speaking a year ill sit for it. read out if i start with private, is it is jammy to transfer to public and vice versa? i hear gov acct pays really low (but has great benefits). is it straightforward to go from gov to public or private? any suggestions? tips?
Answers: I am graduate in 1 wk next to a degree contained by accounting and will be taking the CPA exam. Before accepting my position with one of the Big 4 accounting firms, I also face similar questions.
The benefit within public accounting is the exposure you get. Even as a intern, I get to meet export tax directors of large corporations. Further you can even diversity into the entertainment or financial sector for example.
Draw posterior of public accounting is that you work very long hours. I am told that during busy season i can smoothly put in 70-80 hrs for the week.
Private- honourable thing is that you procure to work on everything, audit, tax etc. Bad piece is that you dont get to join high cease clients, but you may acutally have a vivacity where your hours are not so long
Govt- not sure. I would assume starting salary are lower.
Public con: boring and if you become an auditor with a big firm you will travel seriously
Private: you get contained by a rut of that industry but at the same time you can build a specialty. That's what I did. i hold been within the industrial real estate accounting corral right out of college. Almost 10 years now. I enjoy made a good entitle for myself and have excelled next to my skills. Not to mention I make pretty darn angelic $$$$ I tripled my salary within less than 10 years!
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