Comments on: Ernst & Young

By: Regretfully EY

Regretfully EY — Wed, 12 Aug 2009 11:11:34 +0000

What a load of crap. I’ve been at EY for over two years now, and I can tell you that it was a mistake of a life time, I’ve tried joining other organizations but it isn’t that easy down here. Like someone said, forget about balancing work and life, and also forget about being treated like a human being. Most of our work in the consulting business is just a copy past and reword of past work products, then we call it “Lead Practice”. Gimmy a break for cryin out loud.

By: auditor at large

auditor at large — Mon, 29 Jun 2009 15:09:07 +0000

The reason auditors ask questions that appear to be stupid are to understand what employees at clients are doing and to see if what they are doing is correct. Auditors go in pretending to know nothing to so as not to have preconceived assumptions about the companies existing internal controls.

By: Ripley

Ripley — Wed, 14 Jan 2009 15:14:20 +0000

I recently heard that E&Y has done another round of lay offs in New York, Boston and DC.

By: gordenza

gordenza — Tue, 16 Dec 2008 20:08:33 +0000

I work for the company that hired E&Y for financial auditing and tax prep. What a nightmare! I had to explain to the audit team things like “series B financing” and “worker’s comp”. I am not kidding!Even the team leads are incompetent enough to understand that certain tax accruals need to be communicated to the tax department in order to be captured on the return. Several months after the audit was completed we kept finding errors, but audit team lead left, shortly after tax rep left!I am currently working on the CPA prep and will need to gain auditing experience, but after seeing E&Y at work I don’t think I will be going there! thank you for letting me vent.

By: Aqua

Aqua — Tue, 02 Dec 2008 03:47:02 +0000

Actually, Ernst & Young is in its 4th round of lay-offs. They will not be hiring entry level right away.

Also, it is important to know that it takes several years to get promoted in the Big Four environment. It is extremely competitive and hierarchical work environment.

I am an Ernst & Young alumn. I can attest to the company policy against “early promotion”.

It is very much like the military in that aspect. You will work you behind off. During busy season expect to work between 60 to 75 hours a week. This is for Financial Auditors, Tax
Professionals, IT Auditors, or Fraud Investigators. I am not too familiar with the other groups.

I will say this. The money is extremely good. However, the corporate culture is that of micro-managing and departmentalizing job functions. Most people leave after two years.

Pros: You will make a lot of money and it looks good on the resume.
Cons:Forget work-life balance for awhile. You will only know your specific job function and thats it.

Good Luck to those who apply. I do not mean to sound negative, but I wish someone would have told me these things before I applied.

Best,