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re: Internal Audit at LSU

Posted on 10/9/09 at 10:20 am to
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 10/9/09 at 10:20 am to
quote:

Not sure what company you work for but SOX compliance is still a very HIGH on the radar in prioity for the (public)company I work for. It is still a cash cow and feeding ground for Deloitte, KPMG, Ernst & Young, etc......


I'm not saying it isn't still relevant from an industry standpoint, but it is definitely less relevant from a PA (and thus, in many cases, recruiting) standpoint. In the early part of the decade, B4 et al needed armies of IAs because companies didn't know wtf they were supposed to do. Now that that is all ironed out, they need significantly less of them, as most of those people are now occupying those positions in industry. If there was more industry-level recruiting here, it would be a different story. I can only think of 2 people (out of maybe 200?) that I know from LSU, UNO, Loyola, and Tulane combined that started out in industry.
Posted by sneakytiger
Member since Oct 2007
2475 posts
Posted on 10/9/09 at 5:12 pm to
Yeah - what Kfizz said. I'm was speaking purely from a B4 perspective. SOX compliance is still obviously a huge deal for public companies, and it's still a major revenue stream for PA firms, but there's no comparison to even 3-4 years ago. This is totally anecdotal, but I know back in 2005 my firm's Houston office was bringing in armies of interns (40-50) every summer... strictly for IA and 404 related work. Now there's only a handful.
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