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Ep113: Simu Liu Fired. Big 4 survival tips for auditors and accountants.

 

In this episode, Mei Phing, as a former Big Four accountant, discusses discuss the reasons that can lead to termination in the Big Four, essential skills for success, and options for those considering leaving the industry.

 

Highlights

[00:00] πŸ“Œ Simu Liu’s viral Instagram post revealed his firing from Deloitte, leading to his rise as a Hollywood star.

[02:45] πŸ“Œ Three main reasons for termination in the Big Four: lack of teamwork, poor communication skills, and revealing confidential information.

[05:10] πŸ“Œ Key skills for success in the Big Four: effective communication, adaptability, and productivity.

[08:20] πŸ“Œ Options for transitioning out of the Big Four: specializing in a specific domain, moving into the commercial world, or pursuing entrepreneurship.

 

Key Insights

πŸ” Simu Liu’s story highlights the possibility of overcoming setbacks and achieving success, even after being fired from a prestigious company.

πŸ” Lack of teamwork, communication, and confidentiality can lead to termination in the Big Four, highlighting the importance of these skills in a corporate environment.

πŸ” Effective communication, adaptability, and productivity are crucial skills for success in the Big Four, as well as in other corporate organizations.

πŸ” Transitioning out of the Big Four offers opportunities for specialization, entering the commercial world, or exploring entrepreneurship, depending on individual career goals and interests.

 

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Stay awesome! 😎

— Mei Phing