Friday, December 9, 2011

which auditing group should you join?

Is there any particular industry you recommend for an associate to being with? 


I wouldn't recommend any one industry, it all depends on your interest. The core sectors are - Technology/Software, Manufacturing, Hedge Funds and Mutual Funds, Insurance, Banks, Retail, Government, Real Estate, Entertainment, Biotechnology, Energy, Alternative Energy and Non-Profits. I'm sure there's more. I started breaking down why you'd want to join each industry, but then realized it all came down to one more thing - your interest in that particular industry. If you see yourself in that industry long-term (after your stint in auditing), choose that industry. Simple as that. One thing you'd want to take into consideration is specialization. For example, if you go into the financial service industry, it will be hard to transition to manufacturing, retail and technology. Consider the similarities between the industries if you don't know what you want to do and want to keep your options open. Hope this helps.

9 comments:

RC said...

I just started following your blog and love the information from it! Really shows how the life of an auditor is!

Anonymous said...

Really like your blog. I wish to pursue a career in audit or transaction advisory services. Wanted to know if you can give an insight into both departments with regards to the career prospects, work life balance and monetary factors.

Anonymous said...

Question: Client Navigation

When you encounter errors during your testing, how do you address it to the client in a nonconfrontational manner? As gentle as I try to be, as non threatening and polite as I try to phrase any questions, it's still always a difficult topic to breach with clients and some people get defensive(yelling, being generally dismissive, or sometimes shutting down conversation completely!). Since this is anonymous I don't feel the need to be modest...I can't help thinking that part of this problem is I happen to be pretty cute and the menfolk don't like looking incompetent in front of the hot auditor lady. It's hard because sometimes I find myself playing dumb and speaking in a lower tone as to not come off aggressive or condescending in any matter and still be able to get the information I need, but honestly, I die a little inside every time I do this, and I'm a little sick of placating people's egos. Any advice? And how do your hot lady coworkers handle this sort of thing?

BHASKAR CHOUMAL said...

Hi , Good blog. Will see more articles on it. Bhaskar Choumal

Alwyn Smith said...

I recently came accross your blog and have been reading along. I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

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Jouko Manu said...

Choosing is not really easy thing to do specially in that case.thanks for the options. :)

itauditsecurity said...

I've enjoyed your blog for a while. Would you please consider doing 2 things?
1) increase the type size of your posts to make it easier to read (sure I can increase it in my browser, but that's a pain).
2) Whack those spammer comments!

notfordisplay said...

Itaudit,

Will increase my typesize, thanks for the heads up. These spammer comments are painful, but unfortunately don't have time to zap those that pass the firewall.

Anonymous said...

Hi,

I stumbled upon your blog through a google search. I'm having writer's block at the moment in creating a cover letter on why I want to do auditing. I'm looking for a career change from an accounts clerk - how can I express my skills linking to auditing? Finally, in the HR department of a company, who would be the best person to target when sending out a cover letter?


Thanks, I shall be bookmarking your blog, glad to see something like this out there.