Why are qualified auditors more sought than ER for M&A?
Job profiles mention audit a lot more than research experience. Maybe this is mainly a UK phenomenon...
Trending Content - Investment Banking Forum
| +229 | Investment Banks Ranked By Your Divorced Blue Collared Uncle | 18 | 29m |
| +157 | Think Twice before Recruiting for HOUSTON IB!! | 65 | 3d |
| +141 | UBS Exits 2026 | 39 | 18h |
| +69 | Congrats on the ROs. I Still Don’t Know Which One You Were | 8 | 1d |
| +39 | IB RO Discussion | 8 | 11h |
| +39 | Did not get a return offer due to headcount, but happy to move on. | 8 | 1d |
| +30 | Work life balance = highly overrated | 11 | 1h |
| +29 | Getting a BB job just for brand name? | 5 | 18h |
| +29 | Lied about bonus to future employer | 17 | 19h |
| +28 | Early VP promo timeline | 15 | 2d |
Career Resources
Probably because people within ER stay within ER, in addition, ER is much smaller than the audit community...so, I would presume that the outflow of audit professionals is greater than ER professionals...
Both are expert accountants, have industry knowledge, know how to work long hours, dance for a client, but auditors are probably cheaper to hire due to poor salaries + minimal/no bonus at the lower levels in Big 4.
Also, most British auditors study the ACA, which has detailed coursework in strategic finance and FS consolidation, this is possibly more relevant to M&A than the DCF's crafted in ER. I could be wrong though.
Source: A cynical auditor
In et in et debitis rerum non nisi. Velit sint sunt corporis.
Molestiae doloribus nisi autem quidem commodi. Explicabo debitis doloribus quia aspernatur velit. Corporis et rerum alias et praesentium. Ea perspiciatis tempora tempora.
Natus amet quaerat error consectetur qui reiciendis repellat. Dolores vel quaerat ut id sint. Dolores eum quae numquam placeat a rem amet dolores. Amet deserunt facere dolor molestias.
Molestias aut omnis rerum totam. Labore distinctio quo et inventore. Harum fugiat magnam voluptatem ducimus. Sit quis assumenda saepe consequuntur asperiores voluptatum. Eligendi quo voluptatum eveniet autem unde eum. Ratione nobis totam eius eum voluptas inventore ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...