Transition from audit to consulting. What are my options?

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Controls testing is not consulting.

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Look into finance effectiveness. They advice CFOs and controllers and help consult on various finance/accounting functions, systems, processes, etc. I believe certain parts of the group are particularly accounting heavy and regularly take transfers from audit.

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Many former Audit employees seem to move into a controls testing role

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Cybersecurity is a good option

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Business school!

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Transaction Advisory

M1 don’t controls testing functions fall under the consulting arms of Big 4’s? Deloitte excluded

Second transaction advisory. A massive portion of most TAS / m&a groups = transaction support, essentially deal due diligence from an audit perspective where a CPA is usually required.

Otherwise the most natural shift is to a risk practice, but then youre still kinda doing audit related activities, you just get to be working with the client helping them diagnose, improve, or monitor rather than being the person everyone hates or fears or both.

Agree with going the TS route. Great for CPAs with audit experience that don’t want to go to industry to work in reporting or FP&A and would rather end up on the CFO track.

Pwcdealsfinishing@gmail.com

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