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I understand the basic pros and cons of working in advisory vs assurance (advisory is more interesting and slightly higher pay, but unpredictable schedule, lots and lots of travel, more susceptible to layoffs in economic downturns). It seems auditors usually advance to industry with hopes of becoming CFO. Where do people from advisory typically end up in the long run? I’ve heard that exit opps in advisory are narrower but higher quality (if that makes any sense).
EDIT: Also, any opinions on economic outlook for these service lines? It seems lately advisory is eating into assurance and tax. https://www.big4.com/wp-content/uploads/2013/01/The-2012-Big-Four-Firms-Performance-Analysis.pdf (pg. 16-18)
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