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cassinova73 Contributor
Joined: 07 Jul 2008 Location: United States
Online Status: Offline Posts: 80
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Posted: 22 Jul 2011 at 22:38 | IP Logged
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like the title asked.I am interesting in knowing what to expect as an entry level auditor? I start in mid September at a Big 4 Member firm and I know the first two weeks training will be at said Big 4 which is located about 5 miles away . What are some of the task i can expect as a first year auditor
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azurik12x Newbie
Joined: 13 Jul 2011
Online Status: Offline Posts: 5
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Posted: 23 Jul 2011 at 09:09 | IP Logged
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Auditing cash, and lots of it.
Making sure ending bank balance per final month in fiscal year and the
beginning bank balance per beginning month in next fiscal year match. Make
sure that outstanding checks and deposits in transit clear in the subsequent
month's bank statement. Make sure that the reconciled bank balance ties in
to the balance per the books.
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cassinova73 Contributor
Joined: 07 Jul 2008 Location: United States
Online Status: Offline Posts: 80
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Posted: 23 Jul 2011 at 10:14 | IP Logged
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nicee i like bank recon...
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MrCPAGuy Newbie
Joined: 14 Dec 2009
Online Status: Offline Posts: 24
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Posted: 23 Jul 2011 at 19:36 | IP Logged
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get dinner
__________________ Done - NJ 2012
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shades395 Contributor
Joined: 13 Jul 2010 Location: United States
Online Status: Offline Posts: 73
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Posted: 24 Jul 2011 at 10:53 | IP Logged
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--Cash
--Prepaids
--PPE
--Other Current Assets/Other Assets
--Accounts Payable
--Maybe some investments or debt work if they don't have anything too complicated
--Order dinner
--Pickup said dinner if it isn't being delivered
--Make copies
--Stuff envelopes for confirmations (I suppose this is included under "Cash")
--Footing, footing, and more footing
__________________ REG 7/01/2010 - 99
FAR 7/27/2010 - 97
BEC 8/11/2010 - 91
AUD 8/30/2010 - 92
Becker 2010
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