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Could anyone kindly tell me about the Investment Management and Private Equity Audit Group at Deloitte? 1. Work Life Balance (Is it worst than the ordinary Big 4 WLB?) 2. Is it an entirely different audit from commercial/retail audits (think account balances etc.) 3. Difficult to learn how to audit clients in this industry without prior experience in the industry?(been doing commercial audits for 3 years) 4. Are there relatively good exit opportunities for this audit group? Deloitte PwC EY
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...........buy the dip!
What’s everyone up to this weekend? 🥳
Additional Posts in Advisory in Accounting
How are hours in CMAAS?
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Depends on what you are looking for. FDD turnover might be high but it's because it provides much wider exit option compared to AAS Ex) Investment banking and more finance oriented exits.
PwC 1 is correct, Its what you make of it. Heck Ive seen auditors exit to IB…
I’ve been in both groups - honestly just depends on the type of work you prefer.
This is so subjective. But I think the best way is measurable by turnover. From what I’ve seen, at least in my market — AAS has a much lower turnover rate than FDD.
In the end, they’re both accounting. Its like asking if corporate tax is more enjoyable than personal.
Varies by person
Can’t speak to AAS. I switched to MM FDD from B4 audit and I’m definitely happier with the work. More problem solving, using your brain, building out schedules in excel type work which I enjoy. I’m worried AAS is too much report writing / digging into the codification, which scares me away even though I really like accounting.
I’m currently in AAS, and that’s what kills me is the writing/codification research. Though, I do enjoy creating new financial statements, etc.
Mentor
To me FDD is more enjoyable spent a year in both. AAS is just too wide and most projects sucked imo
Mentor
Yep and the worst part is when that thing you
Specialize in becomes obsolete (rev rec) you’re kinda disposable to the firm unless you can switch quickly to something else and learn to sell work in other areas
Just like we have different favorite foods, colors, hobbies, etc., what one person finds more enjoyable may be different than the next person. Not everyone is cut out for every job. You need to find what you’re good at and what you enjoy.