Big 4 CPA firms have nothing to be arrogant about.
Most commenters hit on the crazy hours. Also, Jeff's comment was the best. Haha
But, let's look at the legacy of the BIG firms.
You have Arthur Andersen, who is out of business because they destroyed CLIENT records at the client's behest because the client committed fraud. The client was Enron.
You have KPMG who was the external audit firm of HSBC. At best, they ignored several cease and desist letters from the FBI that HSBC received. HSBC laundered money from Mexican drug cartels and groups identified by the FBI to be terrorist groups in Saudi Arabia. One only has to google HSBC and Matt Taibbi.
We should all know that external auditors are responsible for reasonable assuarance. That includes making inquiries of client counsel and responding to anything that comes to our attention. I have a lot of difficulty believing none of those FBI letters came to their attention.
Off hand, I'm not sure who the external auditor was for AIG and Goldman Sachs. But, I'm quite sure they didn't ask any meaningful questions about their client's customers' ability to pay the loans. The external audit firm(s) clearly ignored normal procedures to investigate going concern (they needed to be bailed out).
There's also PWC. Instead of fraud, they were the firm that oversaw the Oscar's gaffe with the envelopes. These SUPERIOR people are now synonymous to Steve Harvey.
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This of course does not mean EVERYONE at the big firms commit fraud or are negligent.
But, you're not infallible because of where you work.
AUD - 90
BEC - 79
FAR - 77
REG - 77
They don't trust JUST ANYBODY to count beans