Deepwater98 t1_iy0ml2p wrote on November 27, 2022 at 9:11 PM

Reply to comment by Bigmo7 in [OC] 'Big 4' accounting firms are PwC, Deloitte, KPMG, and EY - breaking down how they make money by giteam

Advisory is basically audit…

numberpack17 t1_iy19y0o wrote on November 27, 2022 at 11:57 PM

Not true at all. Very different service lines.

Deepwater98 t1_iy1imc7 wrote on November 28, 2022 at 1:03 AM

I worked in both audit and advisory…. but okay.

numberpack17 t1_iy1p6l1 wrote on November 28, 2022 at 1:55 AM

What kind of advisory were you doing that was similar to audit? Current auditor with lots of advisory friends so I’m pretty familiar as well.

I see SOX implementation, M&A advisory, IT Advisory, etc. none of which I would consider similar to audit.

Deepwater98 t1_iy1qhkq wrote on November 28, 2022 at 2:05 AM

SOX readiness, as well as implementation, IT advisory, Internal Audit, Business Processes & Controls I did them all as part of “advisory” at green dot.

Very similar to audit, not sure why you think it’s so different, business controls are business controls the IT portion can be taught, internal audit/risk can be taught.

I touch a ton of M&A/deal work (mainly under ~$100M deals) as a head of finance for a private retailer, but again, it’s not all that different from audit.