Inside the Big 4: Understanding the World's Top Accounting Firms and Their Hiring Processes

 

What are the Big 4?

The four biggest accounting and professional services businesses in the world are termed the “Big 4”: Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst & Young), and KPMG. These companies provide clients in many industries and sectors with a variety of services, such as audit, tax, consulting, and advisory services. They are also renowned for their extensive reach and capacity to offer in-depth answers to challenging business issues. Hence, the Big 4 are the top recruiters for certified public accountants.


How do the Big 4 hire?

Each of the Big 4 companies has its own distinct hiring process, with different standards for evaluating a candidate’s abilities, background, and other crucial credentials. Although the majority of new hiring is normally made in September after international university graduations, these companies often do continual screening of possible candidates and recruit throughout the year.


The Big 4 mostly hires through a variety of channels, such as: 

  • Setting up career fairs: The Big 4 companies organize events where job seekers can explore career options and interact with recruiters.
     

  • Recruit globally certified candidates as a priority: The Big 4 prioritizes candidates who hold globally recognized certifications, such as CPA or ACCA.
     

  • Holding placement drives: The Big 4 conducts placement drives at universities and other educational institutions to recruit fresh graduates.
     

  • Requesting internal recommendations: The Big 4 often asks their current employees for referrals to identify potential candidates for job openings.
     

  • Hiring on college campuses: The Big 4 visits college campuses to meet with students and conduct interviews for potential job opportunities.
     

  • Doing one-on-one hires through job portals: The Big 4 uses job portals to find potential candidates and conduct one-on-one interviews to assess their suitability for job openings.


Conclusion:

In conclusion, working for the Big 4 is a significant achievement for many aspiring accountants. However, the recruitment process is rigorous and challenging, requiring candidates to demonstrate a combination of technical and soft skills. It is essential to have a strong academic background, excellent communication, analytical, and problem-solving skills, and the ability to work well in a team environment. Additionally, receiving guidance from one of the top CPA training institutes such as Miles Education can provide candidates with a better chance of securing a position in the Big 4.


To know more about how to earn your US CPA in 2023 and get placed at the Big 4, click below

https://blogs.mileseducation.com/cpa/earn-your-us-cpa-in-2023-and-get-placed-in-the-big-4/


CPA jobs in the Big 4


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