carassmt_Trey - Memorandum To: From: Date: Subj: Beryl...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Memorandum To: Beryl Pittman From: Milton Williams MW Date: June 2, 2009 Subj: Career Assessment Assignment As a rising senior majoring in accounting, only a year or two remain before I hopefully secure a job with a large accounting firm. However, there are a number of firms within the U.S. that offer very similar services and growth opportunities. Therefore, I should do some research and compare the three main alternatives based on my set of four criteria. The purpose of this memo is to present my analysis of the top three accounting firms that may provide me with a great career where I may experience positive personal growth. Methodology First I will explain the research methods used to analyze and collect data on the three accounting firms as well as how my criteria were chosen. My sources included Business Source Premier, LexisNexis Academic, and the firms’ own websites. Although their websites may present a somewhat skewed picture, this was balanced by the use of the two academic databases. The firms’ websites helped inform me of the positive aspects of each firm, while the databases revealed the other important details. Choosing criteria was quite difficult at first, as the firms all seemed remarkably similar in terms of services provided and location of regional offices. I had assumed location would be a key factor, but since all three firms having an office in Raleigh, a new strategy was needed. After careful consideration I ended up choosing four criteria which I ranked from one to four, with four being the least important and one being the most. Being forced to think about what factors are important gave me a better perspective on choosing a location to start my career. Overview of Firms Here I will briefly introduce the top three firms up for consideration. PricewaterhouseCoopers The largest of the three firms, PricewaterhouseCoopers employs over 146,000 people spanning 150 different countries. It provides services from six categories: audit and assurance, crisis management, tax, transactions, and performance improvement. It formed in 1998 with the joining of Price Waterhouse and Coopers, two firms with over 150 years of history. Because it is the world’s largest accounting firm, it has additional leverage within the Big Four. However, its dominant position means it faces severe completion, and so its power could wane in the coming years. In addition, all three firms are extremely large and multinational, so the difference in size is not of overwhelming importance. Like the other two firms, PricewaterhouseCoopers has a local office here in Raleigh (Datamonitor PricewaterhouseCoopers). Another very large firm, Ernst & Young focuses on serving the thirteen major industries, including banking, automotive, biotechnology and real estate. It provides assurance and advisory, transaction advisory, and taxation services. In addition it also aids clients in managing
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Memorandum IT risks including viruses and internal security threats. The original firm was named Ernst &
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/07/2011 for the course ACCOUNTING ENG 332 taught by Professor Beverlytyler during the Spring '11 term at Wake Forest.

Page1 / 7

carassmt_Trey - Memorandum To: From: Date: Subj: Beryl...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online