Career in audit and assurance
If you are adaptable, analytical, enjoy working within a team and a good communicator, a career working in an accountancy firm offering audit and assurance services might be for you.
What is audit and assurance?
Audits are retrospective, independent checks on an organisation’s financial situation. They are often a legal requirement and are usually carried out as part of a team at the client’s premises.
An auditor will assess the client’s systems and records for accuracy, honesty and risk.
Where audits are not required by law, many companies opt to have their financial information assured independently by accountancy firms.
Audit and assurance work involves:
conducting risk analysis;
developing your client communication skills;
preparing financial statements; and
identifying where systems may be failing and recommending controls.
Who can you work for?
Specialising in audit and assurance means that you will be able to work in any professional services firm offering external audit and assurance.
You will also gained the skills to work within organisations providing internal audit and assurance services.
These skills give you access to a large potential pool of employers from public sector bodies and global charities, to multinational consumer companies and local, specialist accountancy firms.