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pwc assurance and transaction services watch
- Thread Starter
- 12-07-2016 12:50
- 14-07-2016 21:11
Pay is the same as audit for a trainee but you do get bonuses even at a junior level. There is less travel as in TS there is less need to see the client documentation backing up the accounting records. The hours fluctuate. If you are not on a project you can come in at 10am and leave at 5am and that is totally fine - but if you are on a project expect to work quite late, particularly towards the back end where you can end up working IB hours. Overall the hours a less than audit, but there are periods of brutality (but on the other hand, once a project is over the partner may well give you a day off in lieu or take you out to a michelin star restaurant - if the job was very profitable!).
It is definitely a better option than straight assurance because you get the ACA qualification, you still get to do audit (which is actually a very valuable, if somewhat grueling experience) but you also learn about deals and learn about accounting from a more commercial angle, rather than a financial statements perspective. The exit opportunities from TS are superior to audit because you can move to some private equity roles a few years after qualification, or move in to investment banking straight after qualification, or move in to a corporate development role a few years after qualification.