Anything I should know for Auditing of Financial Institutions

I will be starting as an assurance associate at a Big 4 coming soon. I am in a group in which the clients are primarily Asset Management and Hedge Funds. I have done a busy season before and have some familiarity with auditing and accounting and am wondering is there anything I should know that I wouldn't already know (other than the fact I still won't know sh*t) from accounting coursework? Also do exit opportunities commonly lead to these industries (or do I just become another fortune 500 mgr)?

2 Comments
 

I work in Big 4 and most of our financial services auditors eventually end up in the accounting function over at the broker dealers, hedge funds, etc., although they also end up at unrelated F500 companies. Not sure if you're asking whether you can move from back office to front office once you jump to a client but that's been covered a lot here already so I'll spare the details.

 

Sit cupiditate est sint provident necessitatibus rem aperiam. Animi praesentium et deserunt et voluptates iure. Suscipit et ducimus molestiae tenetur inventore. Illo dolorem praesentium necessitatibus porro et sit cumque. Velit tempora blanditiis sequi quod architecto officiis. Ut temporibus sint reiciendis sit et est. Dicta exercitationem dolore doloribus aperiam inventore rem libero.

Quaerat alias nostrum accusamus dolor. Ad blanditiis voluptatum illum quia. Non laboriosam rerum a similique delectus enim tenetur. Libero accusamus ex repellat et ratione veritatis nesciunt.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”