When we first walk into our hallowed offices, we are given an orientation of the office setup and certain relevant areas that might be helpful to us as we proceed along on the partner-track. I remember getting introduced to the supply closet, which is like a Bertie Botts gift shop for auditors. Swipe your badge, and you have access to a vast array of supplies that will enhance your arsenal while you audit a myriad of companies. Red pencils, blue pencils, green pencils, pencils, erasers, post-its, mini post-its, staplers, mini staplers, staple removers, rulers, erasers...and the list goes on. Apparently in other companies, people steal supplies from supply cabinets for their personal use at home. I'd honestly rather not. Dealing with these familiar supplies the whole day is enough, but if i see another colored pencil at home, i'm more likely to break it into half and throw it away. Tell you what though, you know there are some brilliant marketers when they can make auditing attractive - check out this PriceWaterHouse Coopers commercial.
I'm trying to decide whether to audit financial services companies or non-financial services companies. What would you say are the pros and cons of either industries? Do individuals who choose non-FS have less career mobility within the firm or if they decide not to stay with the B4 after a few years? Really depends on what you'd like to do after (unless you really love auditing). If you want to a controller,etc. at a p/e firm or a hedge fund down the road, you'd want to go into financial services. The pay won't be too bad, especially if you get a share of the insane bonuses they dole out. If you want to audit industries with tangible products and want to get a better understanding of the operations of such businesses, then other industries are the way to go.In terms of mobility outside the firm, auditing other industries is the way to go since you have plenty of options when you exit the audit world. For example, in 2008, after Lehman collapsed, it was incredibly hard ...
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