Enough negativity...one advantage of being in the audit field is getting the opportunity to go to a variety of clients. I started to observe office cultures, environments and such to see how different they are. One technology company for instance, had a free vending machine, free snacks, magazine racks in the restroom and even a dartboard. Study groups were using the office as a study area in the evenings, harmless blowup dolls everywhere. It was a wonderful environment. Contrast this with a warehouse-turned-office I worked in. You can almost smell the products from inside the office. The company wasn't doing well, the office is half-empty since it went through a spate of layoffs. The kitchen area was another story. One of my team members last year came in to work one day and said..."I get depressed by just driving here and walking in every morning." Talk about day and night. Sure, there are several middle grounds, but if I were to start/work in a company, I would place a heavy emphasis on office culture, since I can see the effects it has on people.
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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