Thoughts on going into accounting advisory (technical accounting, FDD/deals-type work) vs. transitioning into SEC reporting or financial analyst roles?

I’m currently at the 4-year mark in audit, with 2.5 of those years as a senior. I’m looking to move into a role that exposes me to a variety of areas (i.e., not doing repetitive tasks year over year), where I can grow my technical skills, have strong career growth potential, receive a pay bump, and enjoy better work-life balance.

like
Posting as :
works at
You are currently posting as works at

I’m in accounting advisory. I enjoy it much more than audit.

helpful

Depends on the exit that you want after either of those roles.

like

I would use Google for more, but accounting advisory can just be a wide range of opportunities. Deals will be more PE/fund type roles. SEC Reporting is more technical in that its a very specific skill set. There are paths to move up, but its usually highly technical https://www.glassdoor.com/Community/advisory-in-accounting/what-are-some-of-the-exit-opportunities-for-accounting-advisory-does-the-specific-work-you-do-in-accounting-advisory

like

I really wanna do technical accounting but I feel like the likelihood of that getting replaced by AI is much greater since it can boil down horribly boring research that humans had to do before.

funny

I think there is a large room for judgment in some technical accounting scenarios that will still be humans for quite some time. Sure reading contracts for specific language may be obsolete soon, but technical accounting is something can also be prospective for new standards (think 842 or 326) and with the ability to manipulate AI to support any side o the argument, feel there is still room for human judgment

Do it. Having a manager audit title will help but after that the learning slows and you would be better off in a TA consulting role. Pay is not amazing but should be a slight raise. The work will be more interesting and your career will benefit in the long run. (Unless you are lucky enough to stay put and make partner).

like

Related Posts

How important are snapshots in pwc and how to handle them

P&G tells Campaign they want less Account Execs and more Creatives for their money. My agency has six account people and two creatives on a major client so this makes sense!!

likesmart

1st year SPED teacher here, If you had $700 to spend on your classroom what would you get?? I don't know what I am missing out on. :)

like

Hello,
I teach 4th grade at a Christian school. I have been teaching for over 30 years but I have been at this school for 2 years. Since I have been working at this school it seems like everything I do in my classroom it's something wrong with it according to my supervisor. Recently, I was told that I am not getting a new contract for the new school year. I have to find a new school. I was told that I am not a good fit for the school.

like

What are you planning to implement this school year to focus on equity in your own classroom or campus wide?

Is it possible to be a “silent” investor (party A) with a friend who’s an accredited investor (party B)investing in a company? So if B is investing $50k in a company, and A wants to give B $25k of that investment, is this possible with an agreement between A and B, where they’re responsible for their own portion of taxes?

Hello! I work in change management and am assigned to an IT POM transformation. I’m still in my fact finding/change readiness analysis phase, but struggling with the senior leadership team. Does anyone have any lesson learned or best practices in eliciting feed back from senior leaders? think SVP and above? I thought about focus groups, but their time is limited. Also, survey response rate tends to be low for these guys. Any ideas???

like
like

What are some nomad options in NY if you don’t want to sign a lease?

like

Cute second date ideas for this Saturday? Want to set up the expectation that yes I love to eat and drink but I also like to do things… any festivals, exhibits, street fairs, movies, etc. popping up?

like

Anyone working in public policies or sustainability domain here? Particularly in the tech world? Working on an ESG project and need some advice!

like

I am sick of being a realtor! I've been trying for 5 years and have only sold 3 houses. Where I'm from (small Southern town) nobody is buying. Most people's families already own homes and it's just a bummer to see all these nice houses deteriorating over time.

like

What are unqiue ways to find clients besides word of mouth?

like

Hi! I interned for Deloitte last summer, starting full-time this summer, and currently working a classified government job in-between. Will this be an issue during my second background check? Should I bring up to recruitment that I was contracted by the government in-between, or just leave it be? Thanks!

likehelpful

Any advice for a freelancer on the best software to use to keep track of finances?

like

12 years experience as a software developer. How much package should I expect from a MNC company in Toronto, Ontario, Canada?

likehelpful

Am torn between: Master of Business Administration with a Concentration in Operations and Supply Chain Management and Master of Business Administration with a Concentration in Human Resource Management. Can anyone of my wise peeps give some insights? Good, bad?

like

Which AMD year did you prefer?
2018 👈 or 👉 2017

Post Photo
like

Junior writer jobs, where are you hiding?

like

Has your life improved by not watching news channels?
I do watch the news, but I limited myself to not more than 20 minutes a week. Have you heard about someone doing the same thing?

like

Additional Posts in Accounting Exit Opportunities

How up to date are the firm’s job search portals? Like do they usually have stale job listings?

like

HCOL audit SM looking to leave big 4. What should be my comp expectation?

like

I need to get out of EY and I’ve known for a while but I’m terrified to start somewhere from scratch and not be good at it. I’ve been with EY Assurance NYC for 7 years and I was just rated “above peers” so I know I can stay here for a while but I’m pretty miserable. How did people in this position finally decide it was time to go? Any regrets or advice on how to navigate this?

likehelpful

Has anyone with a CPA from IT Audit roles been able to make their way into a financial consulting role without referrals/MBA?

like

I’m in my 2nd year in audit. I want to pivot into management consulting within a big 4 or MBB. Has anyone seen someone make this lateral movement? I’m not sure how feasible that is and what steps to take. I’m also down to discuss further with whoever is comfortable in connecting.

like

Putting in my two weeks with no job lined up to spend some time with my family and volunteering. Anyone have experience with a gap in employment? Will this ruin my chances of getting a “good” job by January? Have I gone completely insane?

like

What questions should you ask during a phone screening with a recruiter?

like

What is IT Due Dilligence? Is it more IT Audit? Better? Worse?

like

Can anyone from EY provide some insight into their experience leaving the firm? I put in my two weeks and have a meeting with HR. Just trying to figure out what to expect.

like

Is equity research a possible exit opp from audit?

like

Best SF based tech/tech infrastructure firm to work for as an accountant?

like

Had my first discussion with a recruiter. Feels kind of good

likeuplifting

Starting salary for senior in accounting advisory out of NYC (EY FAAS/Deloitte Accounting and Reporting advisory)? Just got an offer for both

like

Anyone had good multiple offers and had one the hiring managers pressure you into taking the offer after asking for additional time to think about it?

like

BDO recruiter reached out for an audit senior position in the DC area. Recommended or not? And why? Insights appreciated!!

likefunny

I’m not from an English speaking country but I am watching a tv show and businessmen walk into a room and instead of greeting eachother, everyone says each person’s first name in lieu of hi, however in my experience working in the states, I haven’t seen anyone do this, it’s always hi or good afternoon or some other greeting first THEN they say their first name. is it also appropriate to omit the greeting?

like

Are people looking to leave when for their LinkedIn title - job title, no company listed in the header or am I over analyzing lol

like

Literally all of my LinkedIn connections are recruiters lmao

likefunny

What is the heirachy for the accounting and finance teams at American Express? Is Director pretty much the equivalent of Manager in other companies?

like

Should you discuss salary range with an internal company recruiter prior to setting up an interview? With external recruiters it’s pretty easy to talk about the expected range. I am trying to avoid wasting all of our time if i get to the last interview and they are expecting a salary that is too low for me.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal