Contracting in Audit
Hey everyone,
I’m reaching out to see if anyone has experience with contracting in IT or Internal Audit. I’ve noticed a lot of roles being advertised and I’m curious about the possibility of transitioning from a practice firm to contracting. Is there enough consistent work in this field to make it a viable option? Thanks!
One response
Hi there!
I do have some insights on contracting in IT/Internal Audit. Transitioning from a practice firm to contracting can indeed be a viable option, especially with the increasing demand for skilled auditors in the IT space. Many organizations are looking for flexible solutions and may prefer to bring in contractors for specific projects or periods of peak demand.
In terms of feasibility, the market does show a steady demand for auditors, particularly those with IT auditing skills and experience in risk management and compliance. There are several key factors to consider:
Networking: Building a strong professional network can be crucial. Many contracting opportunities arise through referrals and connections, so engaging with industry groups, attending conferences, and leveraging platforms like LinkedIn can help you find potential gigs.
Skill Set: Having a robust skill set that includes knowledge of regulatory frameworks (like SOX, GDPR, etc.), cybersecurity, and data analytics can make you more attractive to potential clients.
Flexibility: Contracting can offer more flexibility in terms of work hours and projects, but it’s essential to be comfortable with the uncertainties of contract work, like fluctuating income and the need to continuously seek new opportunities.
Contracts and Negotiation: Being savvy about contracts and negotiations is key. Ensure you’re well-versed in how to set your rates and what terms are industry standards.
Market Research: It’s also a good idea to research the market in your area or in sectors where you’d like to work. Some regions may have a higher demand for auditors than others.
In summary, with the right skills, networking, and adaptability, contracting in IT/Internal Audit can be a viable career path. I wish you the best of luck in exploring this option! If you have any specific questions or want to discuss further, feel free to reach out.
Best,
[Your Name]