QUOTE(Topace111 @ Jan 8 2011, 05:08 PM)
Internal audit is audit done for the purpose of management. Meaning in lay man term, Me (as a boss) hire an internal auditor to check where my operations has gone wrong and rectify them. I determine their scope of work and what to check. They report to me. As such internal audit is rarely outsourced to other companies being nobody will do such a thing due to nature of job. Its rather they just hire the staff straight into their internal audit dept. Those firms you hear like Big4s are more into external auditing.
But internal audit is a non-obligatory job and if its part of the firm's offering it may fall under advisory.
Advisory is basicly a value added service which centres on advising client what to do, rectify problems and offer solutions. The post are normally suitable for experienced people as they are more mature in thinking and experienced in daily life and work. Do you want a 25 year old telling a 40 year old what to do even if he is a MBA graduate ? Some people can but due to egoism, this is quite difficult. This is where art of communication comes in which are advisors / consultants forte.
One advisor once told me what is like. Imagine a datuk/director/CEO ask you something like "What will happen to my company's profit if I implement this or that?" Consultants will need to think of something in less than 5 seconds and come out with an answer. Real time reaction he called it or bluffing skills. Act as though you know eventhough you may not know. A popular insider jokes circulating among consultants is the word consulting comes from the word "con".
And the first thing to become a good advisor/consultant you also need to be a good researcher. Your attitude evidently is uninspiring at the moment but things aren't easy anyway.
How come you believe on MBA graduates without operating experience? Theory and practice is different, this is what I face in audit firm that seniority plays lots, although the junior members are better than the seniors.
Added on January 8, 2011, 6:31 pmQUOTE(SP1R1T @ Jan 5 2011, 08:17 PM)
The moment has come! I can start to feel about the stresses, pressures.....ahhhhh~
Really SALUTE to those seniors and people who can stay in Audit line for so many years.
I stay in audit line and you know the jobs are relaxing, No OT. Got free acommodation and 4 stars hotel, meals are paid by clients. And visiting many good places when doing audit, travels a lot. Sadly, I am not that kind of type of person, I don't like communicating with people and travelling, I prefer stay at home and relaxing back office job. What is ur suggestion for me?
This post has been edited by Materazzi: Jan 8 2011, 06:31 PM