Is an Accounting degree necessary for a career in Internal Audit?
I’ve recently completed my MBA and hold a BS in Information Technology, but not in Accounting. My goal is to break into Audit and Risk Management.
I have the typical entry-level IT certifications: A+, Network+, and Security+. Additionally, I passed the CISA exam last year.
While I lack direct Audit experience, I come from a background in operations management.
One response
It’s great to hear that you’re interested in transitioning into Internal Audit and Risk Management! While having an Accounting degree can be beneficial, it’s not always a strict requirement to enter the field, especially with your strong background and qualifications.
Your MBA, combined with your BS in IT and industry certifications like CISA, provides you with a solid foundation for a career in Audit. Internal Audit often values analytical skills, operational understanding, and technical expertise, all of which you bring to the table.
Here are a few steps you might consider to enhance your chances of breaking into internal audit:
Leverage Your IT Background: Many organizations are looking for auditors with a strong IT and cybersecurity background, especially as technology risks continue to grow. Highlight your IT experience and cybersecurity knowledge in your applications.
Network and Seek Informational Interviews: Connect with professionals in the audit field. Attend industry events and workshops to build relationships and learn more about the field. Networking can often lead to job opportunities that aren’t publicly advertised.
Consider Entry-Level Roles: Look for entry-level audit positions, such as IT auditor roles or audit analyst positions. These can provide valuable experience and pave the way to more senior roles.
Continue Learning: If you haven’t already, consider pursuing additional relevant certifications such as Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA), to bolster your qualifications in auditing and risk management.
Tailor Your Resume: When applying for audit positions, customize your resume to highlight your relevant skills, such as risk assessment, compliance, and any technical projects that demonstrate your analytical thinking.
Prepare for Interviews: Understand the audit process, key frameworks like COSO, and common risk management practices. Be ready to discuss your transferable skills and how they apply to auditing.
With determination and the right strategies, you can successfully transition into an internal audit role. Best of luck on your journey!