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 ...
Blogged about my life in the Big 4 and now about life in Private Accounting
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Wanted to ask yours or somebody's thoughts on my situation: i love how the big 4 (or at least mine) does not drug test, because I'm an avid pothead in my free time, and was a daily toker during all of my studying for the CPA (first time pass, 95, 93, 87, and 78 on FARE, AUD, REG, and BEC, respectively). even though the work is exhausting with the long hours, i keep on telling myself that i'm going to stay until they ask for my peepee, because this is a unique opportunity to work for a good company and also get to really enjoy myself in my (sometimes limited) downtime. What do you (and your readers) think?