Guys, thank you for all your feedback. I am still figuring out what’s going on, but I reached the same conclusion all of you did. The value of the firm on the resume and the experience I would gain is invaluable. I have some confidence in my basic audit skills, so I figured any pay setbacks are temporary and would be offset by future raises(if I put the work in). Now whether I actually get an opportunity is another thing.
Will try to update this post once the process is over, could be helpful to someone in the future.