Company: EY
Date: 2013-07-28
Overall rating: 2/5
Employment status: former
Experience level: Junior

Ernst & Young Global Shared Services (GTH) - Outsourced Audit Call Center [CPA/CA  Beware]
Pros: 1. Amazing Leave policy - You can take all the leaves you want and never apply, no one questions you 
2. People friendly organization 
3 Pool table, TT table and lot of other recreational activities
4 Exposure to EY's audit methodology - If not in-depth, at least a trailer
5 Compensation is slightly better than Indian practice (CA Firms) but still much lower than the competitors in the field i.e other outsourced audit call centers in hyderabad and bangalore
6 A nice little pub underneath the office (Indi Joes)
7 Top management is easily approachable (most of the time they don't really have much to do and wander around next to the pantry, waiting for someone to strike a conversation)
8 Nice chicks !!
Cons: 1. Leftover audit : It's not really Audit, so stop calling it that .. it's audit support, which basically means that you do the worst section of the audit which the americans and europeans are too lazy to do.

2. Lack of Training : They claim to be auditing US clients but never bother training anyone in US GAAP or IFRS. 

3. Inactive management : The management, and by management I mean audit managers to directors never get involved in the actual audit. All they do is monitor Budgeted hours v/s actual hours (the famous B2A) and ofcourse go on fancy trips abroad to get more hours ( Oh yes ! the almighty hours, thats all the senior management care about). Serious word of advice, GET TECHNICAL .. you don't have a right to call yourself a manager just as much as we don't have the right to call ourselves audit seniors.

4. The work is primarily get done through Staffs ... the work of an audit senior is just to review and send across to the US counterparts. Neither the staffs nor the senior is involved in audit planning or get any kind of client interaction. The only thing they get is a mail from the onshore saying this is what we want you to do and here's how you do (Instruction based work)

5. Very little exposure to any kind of GAAPs, including indian accounting standards. One year in this place and you will definitely forget your golden rules, let alone accounting standards. 

6. The title of this section explains exactly what EY GSS actually does to an Indian Chartered accountant or a US CPA ... "CONS" .. This is not really audit, so stop giving that picture when you hire CAs .. be honest there are lot of desperate CAs out there who would do this kind of a job in exchange of good money (Luckily I wasn't one of them)

7. Horrible coffee !!

8. Somehow Accent precedes technical knowledge in this place (Go figure!)

9. A lot of unwanted politics between qualified & non-qualified Seniors ... Oh yes! they do have a concept of non-qualified seniors .. although some of them are quite strong technically, however most of them are guys who just got there by Li cking the right places of the right people. If you lick hard enough, you may even become an Assistant Manager someday and be there for the rest of your life !! 

10. Poor rotation policy to both india and abroad .