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How do I choose between audit and advisory?
- Audit – Your schedule is more predictable; less travel.
- Advisory – Money is better; work is sexier; better reputation.
How do I choose between tax and audit?
While both are accounting professions, the tax and audit paths can vary greatly. In the tax division, your day will focus on trying to reduce the client’s tax liability. Meanwhile, the purpose of an audit is to express an opinion as to whether the financial statements of a company are free from material misstatement.
What is advisory audit?
The main responsibility of an audit advisory professional is to assist management in establishing ‘best practices’ and internal controls within the company. Their secondary role is to promote efficient operations to improve the performance and profit of the company.
Should I Specialize in tax or audit accounting?
Deciding whether to specialize in tax or audit is a choice that college accounting majors need to make once they start their careers. For some, the choice is easy. They may instinctively have a sense for which discipline is the better fit with their personality and career goals.
Is it better to be an advisor or an auditor?
Advisory – Money is better; work is sexier; better reputation. Audit – If you’re the type of person that is easily bored, then you will eventually get bored with auditing; auditing practices are bureaucratic nightmares – keeping up accounting and auditing rule changes; audit does not enjoy a sterling reputation.
How can I contact the audit V advisory team?
Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous. Tags: Audit v. Advisory, Big 4, Careers
Why did you decide to become a tax consultant?
Some specific factors that led to this decision included, among others, the idea of having a daily trip to the office over traveling to different clients’ locations and my curiosity about solving tax problems that arose as I took my classes.