5 Reasons to Choose Tax over Audit | Big 4 Tax Manager

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  • Опубликовано: 28 ноя 2024

Комментарии • 66

  • @GabrielleTalksMoney
    @GabrielleTalksMoney  3 года назад +8

    If you also want to learn SKILLS of an accountant, such as excel, powerpoint, etc, I have a code for a FREE ONE MONTH trial for Skillshare. I personally use Skillshare to learn various digital skills! Use my link: skillshare.eqcm.net/c/2852487/1085653/4650

  • @josebless5152
    @josebless5152 3 года назад +78

    “Tax busy season is less busy then audit busy season” lmao how much more busy can I get 😂😅

  • @josesantiago7885
    @josesantiago7885 3 года назад +26

    Damn it.. I just interviewed for audit. Tax sounds way nicer.Thanks for the info.

  • @sk011151
    @sk011151 4 месяца назад +3

    Also a tax manager at a Big 4 here🙌🏻 i would say that I agree with points 1 & 2. Point 3 to me isn’t much different for audit & tax since I do corporate tax for a lot of my firm’s audit clients as well. Point 4 to me is yes and no since the audit team a lot of times subcontracts tax provision review to the tax team and in that case we look at materiality as well. For point 5, I just think both audit and tax aren’t likely to be replaced by AI, at least, in the near future 😅
    Overall, I think I’ve been able to survive in Big 4 for 7 years coz I work in tax and the working hours are shorter than audit. But then, please note beforehand that when you are in tax, your exit opportunities will be limited. Only the big MNCs have dedicated tax manager roles so you can imagine that there won’t be a lot of job openings in the market. I’ve known WAY TOO MANY people working in Big 4 tax only because they still haven’t got the opportunity to go commercial yet.

  • @IraniRichards
    @IraniRichards 3 года назад +21

    I was freaking out because of what I keep reading about big4 busy season but nothing too specific! But thank you for this! I chose Tax over Audit and I’m honestly excited

  • @SwahiliSpicE
    @SwahiliSpicE 3 года назад +16

    I’m in industry and I agree with working hours and busy season with audit, month-end and year-end. I accidentally landed in a job that gave me a taste of management/financial accounting and tax but it’s now 100% tax and I freaking love it! It does get stressful with multiple
    monthly deadlines but they are short lived.

  • @jakehma3267
    @jakehma3267 2 года назад +3

    The beauty of Preparing taxes is that if you agree to the client's net income/loss on the business tax return, you know you are on the right track!

  • @michaelhall1616
    @michaelhall1616 3 месяца назад +3

    Just made the switch from audit to tax, can't wait to see how this turns out!

    • @dvxj_.2101
      @dvxj_.2101 2 месяца назад +1

      How is it going?

    • @michaelhall1616
      @michaelhall1616 2 месяца назад +1

      @@dvxj_.2101 on my way to my first day at the moment, I’ll try to give you an update a month from now

    • @michaelhall1616
      @michaelhall1616 Месяц назад +4

      @@dvxj_.2101 I can’t tell if it’s too good to be true but I’ve been loving it so far! I would never go back to audit

    • @Grain-h7u
      @Grain-h7u 26 дней назад

      ​@@michaelhall1616Oh how has it been now?

    • @michaelhall1616
      @michaelhall1616 26 дней назад +2

      @@Grain-h7ustill going great! highly recommend tax > audit if you like less teamwork and more independence (there’s still team work but just not as much as audit)

  • @katrinacortes1991
    @katrinacortes1991 3 года назад +12

    Hi Gabrielle, thanks so much for sharing. I'm already starting my career in Tax (Big 4 also) but lately I was thinking of pursuing audit. I think I'm staying in Tax after watching your video 😂

  • @DreamFirms
    @DreamFirms 3 года назад +5

    Totally agree will all the 5 reasons you mentioned!

  • @acewings221
    @acewings221 3 года назад +16

    Overtime gets you to the hour requirements faster for your CPA certification. I’d personally just get my CPA cert and gtfo out of the big 4 and never look back

    • @effehbaduglobal
      @effehbaduglobal 8 месяцев назад

      Why would you leave?

    • @acewings221
      @acewings221 8 месяцев назад +1

      @@effehbaduglobal because B4 sounds awful...

  • @theredboneenthusiasts2504
    @theredboneenthusiasts2504 3 года назад +10

    Your videos are so inspiring! I plan on becoming a Tax Associate and was nervous about the exit options (in comparison to audit).
    Do you plan on becoming a controller? Also may you please do a video about conventional and unconventional tax accountant exit options? I’ve been doing research online but hearing it from a verifiable professional is as good as it gets.
    Keep doing what you’re doing!!!

  • @jakefromstatefarm2991
    @jakefromstatefarm2991 3 года назад +4

    I totally agree that technology will improve the accounting field due to work being produced more efficiently. I like the idea of being able to have my own workspace. I can’t wait to take tax and experience it myself hopefully through an internship to see if it’s something I want to do 😁

  • @paulino_ayo
    @paulino_ayo 3 года назад +2

    Thanks for sharing your thoughts, I’ll keep on tuned to updates ✨

  • @dakshitgirdhar8780
    @dakshitgirdhar8780 3 года назад +3

    Thank you very much for providing this valuable information.
    Q1 Can you please tell which is a better place to work in Canada Big 4, mid tier firms or small accounting firms?
    Q2) Can you please also tell which is the best province to work in Canada in Tax ( pay, work life balance)
    Thank you

  • @yumazinggg1468
    @yumazinggg1468 3 года назад +2

    hi, thanks for sharing. totally agree, it's because taxes are very promising :D

  • @Tamaracuri
    @Tamaracuri 3 года назад +3

    Could you please make a video training about what kind of tasks you have to accomplish on most of the time at work. Kind reading reports, or producing reports. Etc

    • @Tamaracuri
      @Tamaracuri 3 года назад +1

      Sorry I realised I wrote everything wrong.. I meant showing the task you do the most.. like how your time is devided.. move time reading, or communicating by email or meetings or producing reports.. I'm trying to visualize how I would like it.. i like producing rapports and the communication part of my job.. but not that much reading long documents.

  • @dillonminnix5637
    @dillonminnix5637 Год назад +1

    Toward the end of the video, you mention that you do not think IT will ever replace the need for tax accountants. Do you still feel the same way the recent developments of AI?

  • @ballifjulien9640
    @ballifjulien9640 Год назад

    Great video. Thanks!

  • @ShuvaiAprilzw
    @ShuvaiAprilzw Год назад

    I am kinda loving the con of traveling to the client sites... I guess I’m an extrovert 🕶

  • @xolaughoutloud98
    @xolaughoutloud98 3 года назад +2

    hehehe spent the past days binge watching your videos! They are very helpful! Can you make a video about utilization vs. efficiency? Like how utilization is measured at big4?

  • @justinc.7854
    @justinc.7854 3 года назад

    Great video! Agree with all of them!

  • @DES-ok3um
    @DES-ok3um Год назад

    I’m in the 4th year of my University right now! I just applied a role in Tax and Internal Audit >< cross fingers I get short listed for tax

  • @alejandroromeo2847
    @alejandroromeo2847 Год назад +1

    Hello. Is it important that you have experience first in audit or accounting before you go to tax? Thank you😊

  • @user-vi8nt2wg2n
    @user-vi8nt2wg2n 3 месяца назад

    Have any of your employers required you to tell them on your job application how long it took you to complete your degree?

  • @Ecuador006
    @Ecuador006 3 года назад

    Gabrielle is love ❤

  • @danielgreen7478
    @danielgreen7478 3 года назад

    your videos are really helpful thank you!!

  • @emilychang98
    @emilychang98 3 года назад

    Great video,thank you😁

  • @elininny
    @elininny 3 года назад +1

    Thank you for the good quality videos!! Please share your tips and experiences regarding internveiws and resume!! :))

  • @dianelly
    @dianelly 2 года назад

    Thanks so much for your videos

  • @alexbruce2405
    @alexbruce2405 3 года назад +8

    Hey great content! I just got an internship at Deloitte in Global Mobility Tax, UK. Ive found some of your content really helpful throughout the interview and recruitment process. Any advice on how best to prepare or what to expect?

    • @faithkayy
      @faithkayy 3 года назад +1

      hi alex, so did i! i’ll be based in london, what about you?

  • @621jihoonkim
    @621jihoonkim 3 года назад +2

    I hate tax :) I did for hedge fund tax for 8 years so far.

    • @621jihoonkim
      @621jihoonkim 3 года назад

      @@GabrielleTalksMoney I just had an interview with IRS international tax team. I want to get out of big4 haha.

  • @musicreboost
    @musicreboost 5 месяцев назад

    Hi Gabrielle, cool video! Thank you so much for that! Please, could you tell me if it is possible to join Big4 Tax team after being in Information technology industry? I actually have been working for Global Tax Team in IT company and really want to move to Big 4 and later I can see my future in Tax Advisory role - Would you recommend what to do to be accepted by Big4?

  • @eaglefoot1977
    @eaglefoot1977 2 года назад

    Thank you

  • @karlagutierrez6100
    @karlagutierrez6100 2 года назад

    do you need to be an accounting major and a cpa?

  • @CabECalloway
    @CabECalloway Год назад

    Tax >>>>

  • @airdownthere9525
    @airdownthere9525 3 года назад

    Awesome!

  • @mayodubah
    @mayodubah 3 года назад +7

    Hey Gabrielle! I just found your channel and I am so grateful for all the info ☺️ I am currently studying both law and accounting (specializing in tax and audit) and I’m leaning towards working in tax. Since you work in tax consulting, do you interact with a lot of tax law? I’ve been told that there’s a difference between what tax lawyers and tax consultants do, would that be accurate? Is it possible to get a job in tax that would make use of both my legal and accounting knowledge?
    Thank you for sharing your experience!

    • @mayodubah
      @mayodubah 3 года назад

      @@GabrielleTalksMoney Thank you Gabrielle!

    • @scarlettc8566
      @scarlettc8566 2 года назад

      I am in a similar situation , i cant see the answers you guys exchanged, can you please share what was the conclusion ?

    • @mayodubah
      @mayodubah 2 года назад

      @@scarlettc8566 Hello Scarlett, sorry for responding to your message so late (I actually didn’t see it in my notifications until today).
      But this was Gabrielle’s response to my question: “ I briefly talk about tax lawyers in my video Why I Chose Tax, but the main difference is that lawyers can go to court if clients have a dispute with CRA or IRS. As a Tax Accountant, I definitely read the tax act everyday, especially if you're writing a tax memo for the client. Hope that helps! “

    • @scarlettc8566
      @scarlettc8566 2 года назад

      @@mayodubah Thank you for replying back to me . I am just glad you saw my question . Do you still have plans for law school ?

    • @mayodubah
      @mayodubah 2 года назад +1

      @@scarlettc8566 No worries Scarlett :) I’m actually one year away from finishing both law school and my accounting qualifications. Are you also working towards a profession in tax law?

  • @jeni_roseu907
    @jeni_roseu907 2 года назад

    Can anyone share their experiences, and maybe some tips, with the US Tax team at PwC? I am planning to apply for the US Tax Associate position which is an entry level position. I am reluctant to continue since I am not very knowledgeable with Taxation.

  • @teprasyura
    @teprasyura Год назад

    Hi, your channel is very good, congratulations. I intend to study an undergraduate degree in International Taxation in Germany (I am already accepted), the only doubt I have is regarding my age, since I am 37 years old, then I would like to know if that could play against me when I start working, since I would finish at 40. I would like to work in one of the Big Four, but I don't know if I have chances because of my age. I would appreciate any comments.
    Greetings!!!

  • @afiqdanish8917
    @afiqdanish8917 3 года назад

    Im just a few months into audit and im already tired of it 😭 i'd probably switch to tax in the near future

    • @DarkWarrior_1
      @DarkWarrior_1 2 месяца назад

      I am already a few months into tax and im already tired of it 😅 did you change it tax?

  • @javedtahir100
    @javedtahir100 3 года назад +1

    Hi, I am your channel subscriber, you also deals with crypto, have you any experience with shakepay. I just opened my account with them with $1000, but they are not activating my cash out to bank link, I think they are scams, Any advise?

  • @lovemi6403
    @lovemi6403 3 года назад

    Thank you

  • @junwatanabeenrolledagent1765
    @junwatanabeenrolledagent1765 3 года назад

    Are you in Canada?

  • @bluebell8557
    @bluebell8557 3 года назад

    I’m applying for a transfer pricing graduate program and Idk how I feel about that. I worry that maybe it isn’t a good idea to start off doing something specific you know? That maybe doing general corporate taxation would be better for me. What do you think? Do you believe that starting off at transfer pricing is a good kick start for a career in tax accounting??

    • @GabrielleTalksMoney
      @GabrielleTalksMoney  3 года назад

      I would say transfer pricing is specific but has lots of global mobility. General corporate tax is also good if you aren't clear what area of tax you want to pursue. I think it ultimately comes down to doing your research and where you see yourself in the future!