Someone should warn students and experienced hires about risk advisory service lines AKA SOX. It just ain’t fair for them

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So glad I work in finance now. Hated risk with a burning passion. Worst job in PA with no exit ops outside of IA.

likefunny

I warn students about Big 4 and accounting in general. Luckily was able to convince my little cousin to switch to finance. Phew...

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I always give the opposite advise as long as they're willing to study a bit more during college because even if they end up working in finance, it's easier to find a job in finance with an accounting degree than to work in accounting with a finance degree.

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I was going through an accounting program and a bunch of liberal arts students were getting jobs from big4 and I always wondered why/how. They were all going into this field I felt so bad when I found out.

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Lmao this is true also but the SOX path is brutally boring

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SOX 404 for life!

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On the same note, students should be aware that Deal Advisory / TAS exists. I didn’t find audit/tax/risk remotely interesting so I did some research and focused my recruiting efforts into TAS.

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When I spoke to FDD/TAS people they made it pretty clear that it wasn’t a ‘finance’ role. My interviewers broke it down pretty clearly and I knew what I was getting into.

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What is so wrong with this field? I’m in tax so I don’t really understand. Genuinely curious.

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I agree, but honestly a lot of people accepting these roles are plainly unqualified for the roles they fee they were baited for.

For what it’s worth it’s incredibly annoying managing new associates who immediately want to try to figure out how to transfer to advisory strategy consulting and clearly have done so little research they didn’t realize that is not the job they accepted.

What do people actually do in risk advisory? Sox testing? Genuinely interested to know.

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I actually like risk advisory. You get operational audits which are pretty interesting. Sox sucks tho

It doesn’t really sound that bad, you get paid big bucks for regular hours doing pretty easy work

Easy is relative to the client and budget. Most clients don’t care at all with pretty weak documentation while the PCAOB requires a mountain full. Basically, takes a ton of hours to make ends meet. It would be easy if everything was correct but it is not

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