Currently in risk advisory but would like to get into valuation. Has anyone else done this transition and any tips?

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Yes. I’ve hired people from risk advisory. I suggest getting knowledge on the topic of valuation and getting to know the team that does it. Maybe attend their trainings. Otherwise it’s a steep learning curve.

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Haven't seen people move from risk advisory specifically but people transferring from other service lines is not uncommon at all. What interests you in valuation?

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I studied accounting and finance in undergrad but since doing risk advisory, I feel like it’s so removed from the numbers aspect of accounting or finance. I like FS, modeling but Internal audit, IT controls, SOX, etc doesn’t touch any of that.

Valuation has niches so figure out what you want to do. I’ve worked in gift and estate tax planning for a long time.

It will be a steep learning curve as I saw many colleagues transferred from risk advisory struggled with valuation. Transferred audit folks have easier time to assimilate.

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