Quote:
Originally Posted by Unregistered
truckloads? you must be kidding. as a hrbp in a bank, trust me when I say this - auditors should stick to audit and accounting. the reason why banks are cautious of hiring ex auditors to banking roles is because there is no longer the safety of relying on previous year's workpapers. in fact, we have had cases where ex big4 auditors leave less than 6 months into their jobs because it's too stressful.
wake up. this is the real world.
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Completely agreed. In today's day and age, the only reason why audit is still standing as a profession is because of the fact that it is a regulated necessity.
There isn't any value that auditors are providing to their clients nor the greater economy that they're operating in any more.
And for audit as an industry, it is a dying industry. Think about it, companies are making decisions among the Big 4 based on pricing. Where else in the world can you sustain a business when your only value proposition is based on pricing. It is just a race to the bottom, which is unsustainable in the long run.