I'm in tax, and I love it. Sure it gets stressful near deadlines, but I wouldn't trade it for audit or private industry.
I am in tax (and have been since '96). I was in public for 10 years and now do taxes in an industry job. Coming out of college, whether you want to do tax or audit, the best experience comes from public accounting. Once you get that experience it is easy to get industry jobs.
This was the first year in a while where I've felt stressed about the September 15th deadline. I was a zombie by the time I left on Thursday.
For someone looking for an auditing job right now, here's an opening! http://jobview.usajobs.gov/GetJob.a...er=agency.aspx&pg=3&AVSDM=2011-09-19+09:59:00
I am in audit, at a public accounting firm. It is good for the most part. Starting out it is kind of depressing, because you are semi-limited on what you working on, mostly doing the lower level stuff. You do learn a lot though. I was fortunate enough to be able to travel (if you are into traveling). I've been to Chicago, Seattle, Provo, Las Vegas, and Atlantic City. I would also advise doing public accounting (tax or audit) before any industry work. You'll meet a lot of people. If you are young and coming straight out of college, you'll work with people your age. If you end up going industry, you don't always get that unless you go with a pretty big company.
My wife is a CPA, started out with PWC as an auditor, she is a controller now (oil & gas). The hours suck but you can't complain about the compensations. Between her salary and mine we have plenty of dough to do our chatity works(we have no children).
I got a finance degree with no accounting hours and ended up doing pipeline gas scheduling for the last eight years. Could never break into transport marketing there or trading elsewhere, so first transferred out of that into budgeting for the gas storage group, then after three months of my co-analyst not inviting me to budget meetings I came down here to do gas settlements, which is just invoicing for natural gas physical sales and transport. Basically inventory/volume accounting with SAP entries, and alot of the people in the department are from pure reporting/internal auditing side and like that the hours aren't as bad.