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Message
re: Is internal audit a waste of a career?
Posted on 9/19/25 at 5:04 pm to ApisMellifera
Posted on 9/19/25 at 5:04 pm to ApisMellifera
Ok, this is coming from someone who is 38 and spent 7 years in internal audit in industry and now is a senior manager in Internal Audit/Controls Advisory(focus on healthcare and higher ed) at a top 20 national public accounting firm
Regarding CPA
You don’t need it if you will stay in public accounting world. The CIA will be just fine. If you want to be in industry though absolutely get your CPA (I have mine)
Money:
You won’t make as much in industry. In Louisiana even as a CAE expect to make roughly 250k at the top end for the most part
As a consultant in public accounting at my level and experience I make roughly 200k all in
I have been talked to about partner recently and I will expect to make 400-500k a year with a moderate hustle, and can make considerably more if I bust balls. I would expect to be partner right at 40 years old (this is slightly on the younger end of average but about average for this size firm)
Job security
About as good as it gets
So no, I absolutely wouldn’t call it a “waste” of a career. Feel free to ask anything else
Regarding CPA
You don’t need it if you will stay in public accounting world. The CIA will be just fine. If you want to be in industry though absolutely get your CPA (I have mine)
Money:
You won’t make as much in industry. In Louisiana even as a CAE expect to make roughly 250k at the top end for the most part
As a consultant in public accounting at my level and experience I make roughly 200k all in
I have been talked to about partner recently and I will expect to make 400-500k a year with a moderate hustle, and can make considerably more if I bust balls. I would expect to be partner right at 40 years old (this is slightly on the younger end of average but about average for this size firm)
Job security
About as good as it gets
So no, I absolutely wouldn’t call it a “waste” of a career. Feel free to ask anything else
This post was edited on 9/19/25 at 5:06 pm
0
Posted on 9/19/25 at 5:13 pm to Youngeye77
Not at all, young man. Auditing is a unique and objective perspective on your firms processes and procedures. You’re going to interface with folks that have some significant decision making power and untimely, it’s you, as the auditor, that they derive their decision from.
I come from an IT audit background - I’d suggest you get involved with that, especially with the advent of AI. For every audit-related process in IT that was manual and under massive scrutiny because the person doing it is typically placated by their technical knowledge, systematic automation and subsequently, the audit of it, will be under even more duress. In auditing, people and their actions are one thing, systems and their configs are another
I come from an IT audit background - I’d suggest you get involved with that, especially with the advent of AI. For every audit-related process in IT that was manual and under massive scrutiny because the person doing it is typically placated by their technical knowledge, systematic automation and subsequently, the audit of it, will be under even more duress. In auditing, people and their actions are one thing, systems and their configs are another
Posted on 9/20/25 at 12:52 am to LemmyLives
We all know SAS70 is old news, I be talk'n 'bout the experience...
I'd better get back to watching Red Foreman now. Simon Bittlestone is coming over later to discuss how sheeps bladders may be used to prevent earthquakes...
I'd better get back to watching Red Foreman now. Simon Bittlestone is coming over later to discuss how sheeps bladders may be used to prevent earthquakes...
Posted on 9/20/25 at 4:25 am to Youngeye77
Theyll hire an H1B to do it for 30 cents an hour
Posted on 9/20/25 at 6:23 am to LootieandtheBlowfish
quote:
Yes internal audit is a waste of a career if you’re at a private company. At best you save the company money, at worst you piss off the wrong person.
Go back to either Big 4 firm in their consulting groups instead. Your pay will likely double - and you’re more than smart enough to succeed.
Hoping this is sarcasm. If not, please don't listen to this blowtard.
Posted on 9/20/25 at 6:26 am to TaderSalad
quote:
AI will phase out your profession in the next 5 years. A few spots will remain to check for accuracy, but that's about it.
Yeah, no. You've definitely come to the right place for advice OP.
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