Exploring Contracting in Audit
Hello everyone,
I’m curious if anyone has experience with contracting in IT or Internal Audit. I’ve noticed a lot of roles being advertised lately and I’m wondering if transitioning from a practice firm to contract work is a viable option. Is there sufficient demand to maintain consistent work in this field?
Thanks for any insights!
One response
Hi there,
I have some experience in contracting in IT/Internal Audit, and I can share some insights. Transitioning from a practice firm to contracting can definitely be feasible, but there are a few factors to consider.
Demand: There is usually a consistent demand for IT/Internal Audit professionals, especially as companies continually seek to improve their compliance and security measures. However, the market can fluctuate, so it’s wise to keep an eye on trends and demand in your specific region.
Network: Building a strong network is crucial in contracting. Many contracting roles come from referrals or word-of-mouth, so participating in industry events and connecting with former colleagues can help you find opportunities.
Skill Set: Having a robust set of skills and certifications (like CISA, CISM, or relevant IT certifications) can make you more attractive to potential clients. Specializing in certain areas (like cybersecurity audits or regulatory compliance) can also help differentiate you.
Flexibility: Contracting offers flexibility, but it might also mean periods of uncertainty between contracts. Be prepared for that and consider financial planning to navigate potential gaps in work.
Contracts: Make sure to understand the terms of contracts, including payment terms and duration, to ensure you’re making a sustainable choice.
In summary, it is definitely possible to contract in IT/Internal Audit, and many have made the transition successfully. Just be prepared for the market dynamics and invest time in building your network and skills.
Best of luck!