Transition from Audit to Transaction Advisory/Financial Due Diligence

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Transition from Audit to Transaction Advisory/Financial Due Diligence

Рет қаралды 15,430

2 жыл бұрын

Due Diligence Report Example
corporatefinan...
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Пікірлер: 38

@rashadcalilov8630 Жыл бұрын

I am Manager 2 ( 6 years experience in audit) in big four and I was offered to transfer to due diligence and found this video ))) Will talk about to partner in this week about the job. But gonna say I like the positive energy and attitude in this video , great job ;)

@ZypexTM 6 ай бұрын

What was the outcome? :)

@toxicfolio6608 5 ай бұрын

Hey, at what level he was offering you the role?

@sanikasawant3823 7 ай бұрын

Everything aside, your ENERGY is GOLD here!!!

@hansredgate1 2 жыл бұрын

I made the transfer to Transaction Services after 18 months in Audit, also previously worked as a controller. Can definitely attest to what you say, accounting fundamentals are very important. Definitely a great move and no regrets. Happy to have a chat to share my experience if you want. Btw really like the channel

@BryanCarretoCPA Жыл бұрын

Thanks for the comment and I appreciate the feedback. Would love to have you to hear your experience

@hansredgate1 Жыл бұрын

@@BryanCarretoCPA sounds good! Not too sure, what is the best way to share this?

@xavimt7516 Жыл бұрын

That would be super interesting if that chat happens guys!

@BryanCarretoCPA Жыл бұрын

@@hansredgate1 I can interview you on your experience.. I could start a segment where I have other accounting professionals and where they took their careers? Would be dope

@hansredgate1 Жыл бұрын

Sorry for the late response but that sounds perfect. Is there a way I can reach out to you to further discuss?

@trinhuc8565 Жыл бұрын

Hi, my background was not related to audit or accounting but I found this video very informative, looking forward to these kind of video in the future

@Tech1Review Жыл бұрын

Love the energy haha! I'm hyped

@Adeltaarabt17 8 ай бұрын

The speech from 11:00 onwards could not have been more true!

@var2540 Жыл бұрын

i love your passion

@colinmacke3022 2 жыл бұрын

Great explanation, thanks!

@pscafinal1597 2 жыл бұрын

Really helpful video. Super insightful 💯

@BryanCarretoCPA 2 жыл бұрын

Glad it was helpful. Please let me know if you have any questions.

@anthonymartinez7909 2 жыл бұрын

Great content! I always look forward to these videos! Random question, what apps do you use for investing?

@BryanCarretoCPA 2 жыл бұрын

Thanks bro! I use M1 Finance! I am making a video this weekend on how to start one and how to invest in it. Hope it helps

@richardbetancourt6315 Жыл бұрын

Loved the practical advice on being within audit for 2-3 years prior to switching to TAS. I've seen a TAS summer 2024 internship open up that I'm interested in but I don't have the 2-3 years of experience within audit (Current audit intern in SLG). Any advice on applying to TAS internships if I don't have the 2-3 audit background? Are there any models or technical skills I should be familiar with?

@brandon-mn8hw 2 жыл бұрын

Great video!!! Wanted to ask is it necessary to get your cpa to switch in FDD/valuation consulting from audit?

@alistairhenry709 Жыл бұрын

As someone who has done the transition, yes! They always get far more applications than job roles, so they can be picky if they want. The services also tend to bill at a much higher rate (day rate) than external audit - so they expect high quality work. Their business is not so structured around training up juniors as well, so this leaves little room for seniors with no CPA/CA. Get your qualification and do your time in audit before making the move imo.

@PC-ds6zk Жыл бұрын

Hi, i am a chartered accountant with experience in small practices and when i look at the roles at big 4 i never understand them and i am not sure which area i should specialise in. I prefer working independently

@mohammedalqhiedan9067 Жыл бұрын

So , I have just graduated with an accounting background. Do you advise me to start as an external auditor (core assurance), or to start in transaction services?? I believe it is important to start first as an auditor to be familiar with financial statements and to have a professional qualification, after that I can shift to transaction services. Do I agree with that ?

@australianpatriot 8 ай бұрын

how about valuations rather than DD

@Emily-oi5uu 2 жыл бұрын

Can you please explain different areas in Deal Advisory?

@videoscontrabandos3879 Жыл бұрын

Financial, legal, marketing, technology, competitive and industry analysis.

@stanisvetkiks Жыл бұрын

At my firm we have a Due Diligence, Valuations, Debt advisory and a Merger advisory branche. The merger advisory basically deals with the full selling process (typically smaller companies at our firm). Due Diligence projects are usually buy-side for private equity business. And the valuations branche usually has a legal component to it. I think all firms have a bit different focus, so I believe its good to do a rotation. I personally liked the merger advisory best because it gave me the opportunity to sit at the table with the owners really quickly and really understanding the strategic components of M&A.

@lukedelrossi2005 Жыл бұрын

I solely have experience in tax accounting. Could anyone advise me on what the best path is into FDD? Should I work in audit/assurance for a few years and then get into FDD or could I still possibly be a qualified candidate for FDD with a background in tax?

@shuaiyu2921 2 жыл бұрын

super super

@michaell3134 5 ай бұрын

FDD checks the box for lender no value added you get paid the least vs lawyers and bankers

@cynthiamayte1997 Жыл бұрын

Is the amount of documentation the same in FDD as it is in Audit? Or less?

@chrisdipietro5847 Жыл бұрын

More explanatory think of yourself being the translator between accounting and finance functions. Plus your writing reports to dictate what has been happening to buyers, sellers, and possible lenders

@michaell3134 5 ай бұрын

i feel bad to whoever needs to listen to this guy on a call