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I was FS audit. Probably only about 1/3rd of the people I worked with took the PE Accounting exit route. If that’s not what you want just tailor your resume/LinkedIn accordingly. I’d say another 1/3rd of us went consulting/advisory/FDD and the last third mostly left to become financial analysts or internal audit for energy, tech, insurance or manufacturing companies
^this. I transitioned to an accounting role at a high tech trading firm. pretty dope and everyone else I know transitioned to consulting or TAS.
I understand your question, and yes you can absolutely make that jump. At the end of the day you have a CPA and an accounting degree. You can switch industries at that level fairly easily. Just need to spin your experience, ability to learn quickly, research things you don’t know, etc.
A little confused on your question. Are you asking if people can go from external audit to accounting at a corporation? Why is your default option working for a PE shops internal accounting?
Mostly asking if ppl who do corporate accounting in industries outside of FS like their job, bc i don’t see how FS corporate accounting could be for me
What sparked this is that my fiancé started an online apparel company and has been doing pretty well, I did the books and ran some analytics for her to help her out and I acfually enjoyed working with tangible things
I think OP mean FS = Financial Sevices as opposed to Financial Statements. That's why they're concerned about being pigeonholed into PE exit opportunities.