Discoveraudit.org has published a white paper outlining 5 reasons to consider a career in public auditing:
1. You can bank on it.
One of the benefits of a career in public company auditing is the paycheck. On average, public company auditors, with at least two years of professional experience, bring home more than $65,000 a year. Additionally, if you stay at a firm and make partner, an analysis by the Center for Audit Quality showed that many audit partners in large public company accounting firms can make close to a million dollars a year! Take that to the bank…
2. Moving on up.
As a public company auditor, you will have endless opportunities to continue your education and development, while still getting paid. Consider it an MBA without the student debt. After only a few years on the job, many public company auditors are supervising teams and participating in meetings with some of the smartest business executives around. You could be in a meeting with executives like Mark Zuckerberg (yes, the founder of Facebook)!
3. Auditors are in high demand.
The history of accounting and auditing dates back to the 13th century. Kings and other wealthy folks needed smart people to keep track of all of their gold bars, cows, and sheep; so accounting and auditing was born. As long as there is business to be done, there will be a job for auditors. In fact, the American Institute of CPAs (AICPA) released a 2015 report that shows that accounting students are in great demand. So much so that firms hired a record number of accounting graduates in 2014, representing a 7 percent increase from the previous survey. Experts say the number of jobs for accountants and auditors will grow 11 percent from 2014 to 2024, faster than the average for many other occupations.
4. You’re not tied down.
Because public company auditors are in high demand, you can work pretty much anywhere. It might require some extra training, but a career in
public company auditing could take you around the world. So, make sure you have your passport handy at all times!
5. Keeping it fresh.
Another benefit of public company auditing is it’s the land of opportunity where most of your colleagues will be as young and fresh as you! Similar to starting high school as a freshman, when you join public company auditing, you will come on board with a starting class of many other young
professionals as new to the working world as you are. You will learn together, grow together, and possibly develop priceless lifelong friendships and relationships with people you meet in your starting class. Not many careers give you that opportunity!
To view the full white paper by DiscoverAudit.org please visit: http://www.discoveraudit.org/wp-content/uploads/2016/10/Five-Reasons_College.pdf.
Davis & Hodgdon is a full-service public accounting firm with offices in Williston and Rutland Vermont. The firm is a member of the Vermont Chamber of Commerce, Vermont Businesses for Social Responsibility (VBSR), Vermont Business Environmental Partnership (VBEP), Lake Champlain Regional Chamber of Commerce (LCRCC), Women Business Owners Network (WBON). The firm serves its clients by providing progressive, proactive services through expert staff, sophisticated technology, and unparalleled efficiency.