Any EY folks with insight into transaction diligence? I’m an incoming staff 1 and wondering what it is and benefits of that route over audit

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It’s similar to auditing. You’re the auditor for deals basically. This gives you more experience on deals and finance. Better finance related opportunities than traditional auditors.

likesmarthelpful

Agreed with the above but no bs audit standards to comply with/ridiculous documentation (although you have to write reports/agendas). Would recommend joining the transaction bowl and learning more there

likehelpful

FDD way better than audit. Similar to audit in some ways (messy data, shit doesn’t tie, etc.) but you’re not looking to make sure a signature is on an invoice. You’re not substantive testing a bank rec. but you are looking to give a view on normalized earnings and what a run-rate performance of the business looks like. So completely different from audit in that sense

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