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internal audit to reporting

I have been in the audit of a Europe-based FPI for 5 years now and was just offered a position in their Internal Audit Department. I am interested in reporting, however, and I am worried that accepting this offer will put me in a radically different career path. Please share your view. 

I wouldn't call it radically different, but if you've already spent 5 years internal audit and want to go into reporting, you may have to keep searching for jobs. Alternatively, share your goals with the company, and ask if you can get into their reporting group over the next couple years. Make sure you share your thoughts with the reporting group so they can keep you in mind when they're looking. I've seen lots of people go from audit to reporting, so I wouldn't fret. Just keep looking for that reporting job even if you end up taking this internal audit job. Contact some recruiters - companies are always on the lookout for people to join their reporting group.

Comments

Anonymous said…
I've been working on several large public companies that deal with SOC 1 work and have less experience in other types of audits (such as financial statement audits). What is your point of view on SOC 1 audits? Any thoughts on which type of audits to gain experience in?
Anonymous said…
I'm curious, what is your take on cutoff date for leaving your firm? With busy season coming up, I'm sure this is a hot topic.
Anonymous said…
I'm a junior accounting major with a big 4 internship lined up for the summer. I know I want to start in public accounting (audit, as of now) but I don't know what I want to do after. I shadowed an internal auditor, and frankly the job seemed boring as hell. What are some viable options outside of internal audit and reporting? Do you see many people going into more finance-oriented positions?
Internal audit offers best career choices for successful candidates. These choices begins from jobs in financial companies, retail industry, public sectors and risk management industry.
Mark elvis said…
Great report, A good chartered accountants or good financial consultants are good for businesses. Not just that you must look for a reliable partners. I must say I have such services from a good chartered accountant firm and they know their job.
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Konsta Puurunen said…
I think that is an opportunity for you but if you are really worried and satisfied in your position in suggest not to go cause as an accountant it is very compatible if you are working on the company that you used to work.
iacrecruit said…
Great work. On the basis of audit program, relating its implementation and findings during the audit, the audit report is being prepared.
peterson said…
Your article is really informative. Thanks for sharing this details.

audit firm in Chennai
Stuart Spindlow said…
You have shared a nice informative post thanks for sharing.

accountants in romford
Anonymous said…
Can you give a more robust description of an internal auditor? What he/she primarily works with/for?

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