SingerLewak – Duane & Cecelia

Tax

  • Get your CPA license – get it as quickly as you can and as efficiently
  • Started at KPMG, 4years, then Deloitte (Sr Manager)
  • Big firm:
    • learn a lot, but pay a lot too
    • lots of hours and competitive,
    • Competitive as in these top tier students are trying to all become Partner
    • Hardly talking to Partner because they’re out doing business
    • > Billable hours
  • Smaller firm:
    • more collaborative, able to build relationships
    • More exposure to help out
  • Private:
  • SingerLewak ~ midsize firm
    • International issues, different sales transactions, challenging work
    • Less competition
    • Open door policy: from any level able to talk to Partner
    • More comfortable and improve learning experience
    • Growth opportunities – taking time to grow
    • Reviews individual hours during busy season to prevent overwhelming feeling
  • Clients/industries: construction, start-ups, individuals, partnerships, trust work,
  • A little less client relationship
  • Busy: 55-60 hours, deadlines are pretty set, feb - apr
  • Private clients, publicly traded, NPO, employee benefit plan audits
  • Allocate work evenly, help professionals efficiently use time
  • Hours worked and technical opportunities afforded to you
  • 8 years, graduated from CSUF
    • Family atmosphere
    • Open communication to Partners
    • People
  • Figured out what’s a good fit
    • Get to know yourself and what you want from a firm
    • Lots of different clients, lots of technical opportunities/challenges
  • Big 4: big time commitment, lots of travel, lots of technical opportunities
  • Small firms:
    • Niche / pension plan audits
  • Why Audit?
    • Client interactions
  • 8 offices, expanded, creates more exposure for clients
  • Clients are always doing something different, so much going on
  • Challenging and fulfilling
  • Opportunities to grow at your pace

Audit

Questions?

  • What’s the training like for a new hire in Tax?
    • 1-2 weeks formal training
    • Paperless environment, 2-3 screens
    • Learning experience, take it slow, start easy
    • Great learning experience
    • 2 tax interns
  • Are you currently learning for internships?
    • In the process of interviewing
  • Do you prefer students with experience?
    • No, look at students with open minds
    • If you have it, it’s a plus
    • If not, not going to disqualify you
  • Audit Internships?
    • Summer internship, allows professionals to spend more time with interns
    • Offers depend on quality of work
  • How did you decide it was a good fit?
    • Look into turnover rate
    • People grew up from staff to partners
  • What do you do to avoid burning out?
    • Hanging out w/ my kids, coach the baseball team
  • Do you assist with CPA review courses?
    • Paid study time
  • For auditing, are we at a cubicle?
    • Predominately at the client site
    • More efficient to source documents
    • In the field, sometimes in the office to reconnect w/ teams