Career in audit and consulting

For quite a long time, analysts have seen a steady growth in demand for specialists in the field of consulting and auditing. Moreover, personnel shortages are experienced by both large audit and consulting groups and small provincial firms.
In such a situation, young people who are only thinking about their professional future, it’s just a sin not to take advantage of the long-term market conditions.
Today, a high demand for the services of highly professional auditors and consulting specialists is noted in many countries. Many domestic companies that seek to enter the Western market and wish to maximize their image in the eyes of potential foreign partners turn to reputable organizations conducting financial audits. Our insurers, in connection with the tightening of state control over their activities, also need audit certificates in order to demonstrate to watchful observers that the “gray” schemes have become the business of the day before yesterday.
In the wake of the economic boom, business is constantly becoming more complex, structured and can no longer do without expert advice. At the same time, many business people are ready to forget about their sad experience of cooperation in the 90s with consulting and audit structures of the first wave.
All these trends stimulate high demand for professionals. They are simply sorely lacking. Therefore, we can say that the personnel market of audit and consulting in the long term will be very attractive for people who have decided to make a career in these areas of business. Already today, specialized companies compete fiercely for experienced specialists, who often have the ability to pick out the most appropriate employer.
If earlier most of the auditors and consultants preferred narrow specialization, today in the price there are generalists who can provide a highly qualified service in several directions at once, talking to different customers in the same professional language.
Naturally, companies with a staff of experts of the highest level, customers in a special account. But, as already mentioned, highly experienced auditors and consultants, that is, those who are over 40 today, are sorely lacking, and meanwhile the demand for such services is steadily growing. Therefore, even promising graduates of universities, just entering the professional path, have excellent chances to get an internship in a solid company and quickly move up the career ladder.
By the way, as a rule, consulting and audit firms offer their young employees a good training program. It is no coincidence that more than 60% of senior students at leading business schools expressed their intention to specialize in this area of ​​the economy, considering it to be the most promising. Especially many novice professionals emphasized that consulting is a great opportunity to seriously get acquainted with the activities of enterprises of various profiles and to constantly have the practice of teamwork, and working in an audit will allow a newly minted accountant to become a seasoned financial expert.
The Age of Consultants
In recent years, the domestic economy is gradually beginning to take a civilized look. One of the sure signs of positive change is the demand for consultants of various profiles. Many entrepreneurs are beginning to understand that any serious business task, be it opening a supermarket or organizing geological exploration, requires maximum preliminary study and expert support. It seems that the time of presumptuous amateurs is passing and the era of consultants or consulting specialists is coming.
If we talk about the demand for the services of representatives of this profession, then you will not find a single business area where competent analysis and strategic planning would not be required. Consultations are necessary for producers, sellers, lawyers, production workers, financiers, even politicians, because any newly created political party is a project that needs a marketing opinion. Here are just some of the most popular consulting areas on the market:
legal – allows entrepreneurs to optimize the risks associated with the relevant, primarily tax, problems (most demanded by business);
personnel – involves the assistance of the heads of organizations on the development of corporate personnel policy (can be carried out by an employee of a consulting firm invited from outside, or by a staff specialist from the personnel department);
managerial – rendering a number of services in the field of organization management (development of effective management systems, reforming an outdated enterprise command system, strategic planning of a company’s development, etc.);
IT consulting – assistance in the use of various software products (especially attractive to young people).