Advancement Prospects
Talented auditors can advance quickly. Junior auditors can advance to senior positions within several years and to managerial positions soon afterward. Those who are successful in dealing with top-level managers may eventually become supervisors, managers, and partners in larger firms or go into independent practice. However, only a small percent of new hires advance to audit manager, tax manager, or partner.
Private accountants in firms may become audit managers, tax managers, or cost accounting managers, depending on their specialty. Others on the finance side may rise to become managers of financial planning and analysis, controllers, treasurers, or chief financial officers. Others advance to top-level business executive positions such as chief executive officer, chief financial officer, or chief operating officer. Some accountants leave the profession to work as accounting professors.
Federal government trainees are usually promoted within a year or two. Advancement to controller and to higher administrative positions is ultimately possible.
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