Pros
-Good place for financial diligence work. Cheap pricing ensure solid stream of accounting-type diligence work. -Strong emphasis on culture, socializing, etc. - great for young professionals -Significant investment in infrastructure - almost unreal how a small company has such a vast infrastructure and resource as % of revenue -Great in selling the young, entrepreneurial image to its clients (though often smoke and mirrors)
Cons
- Other than financial diligence work, the rest of the organization is a low quality finance staff augmentation shop - the consulting organization does not have anyone at Manager level and above, especially Director level, who has professional consulting experience from a reputable consulting organization - no strategy on how to grow consulting business (BAS), and the company is not interested in developing one. Essentially anything that is not financial diligence (TAS) and FAS (controls, tech accounting), falls into consulting BAS groups - no sophisticated intellectual capital for consulting - no dedicated BAS business development, or even Director level, staff (all left the firm for above mentioned reasons) - the variable pay components prevents Mgr and above level staff from realizing their full financial compensation. At Sr. Mgr + level there should be some time backed-in for business development, but it is not. For example, Analyst utilization level should be expected from a Principal level person. - difficulty selling consulting projects; most end up being staff augmentation projects - too many unreal promises during hiring interviews
