Private Equity Accountants and Auditors

High School

Classes in accounting, mathematics, statistics, business, economics, and computer science (especially database management) will provide you with excellent preparation for college and an eventual career in accounting or auditing. As an accountant or auditor, you’ll be required to write detailed reports and present your findings and recommendations orally to financial managers. Take English and speech classes to develop effective communication skills.

Postsecondary Education

You’ll need a minimum of a bachelor’s degree in accounting, economics, finance, or business administration to work as an accountant or auditor at a private equity firm. Some employers prefer candidates that have a master’s degree in accounting, business administration, economics, or finance.

AACSB International accredits colleges and universities that offer undergraduate and graduate degrees in accounting and business. Visit https://www.aacsb.edu/accredited for a list of accredited programs.

The Institute of Internal Auditors has created a formal endorsement program for colleges and universities that offer an internal auditing curriculum within a degree program (undergraduate or postgraduate). Visit https://www.theiia.org/en/about-us/initiatives-and-awards/academic-relations for a list of schools that offer this curriculum.

Certification

Certificate programs provide an excellent way to advance your skills in a short period of time. Such programs are offered by the following associations:

• AICPA & CIMA (International Financial Reporting Standards and other programs)
• Association of Chartered Certified Accountants (international auditing and international financial reporting)
• Institute of Internal Auditors (financial services audit)

Other Education or Training

Participating in continuing education (CE) classes is a great way to keep your skills up to date and learn about new developments in accounting and auditing. Additionally, CE credits may be required to renew your certification. Many professional associations provide CE opportunities. For example, the Association of International Certified Professional Accountants offers more than 350 self-study courses, web events, and more than 60 annual conferences and workshops. The Institute of Internal Auditors provides on-site seminars and webinars on topics such as soft skills (e.g., communication, creative problem solving, finance and compliance, the internal audit processes, risk management, and technology. The Chartered Institute of Management Accountants, Global Private Capital Association, and Institute of Management Accountants also provide professional development opportunities. Contact these organizations for more information.