What is audit?

Audit is the independent checking of a company’s accounts to verify accuracy. It’s the process which checks assets against published accounts to deliver a true and fair account. Auditing is also about understanding and analysis. We need to advise our firm’s clients on rules and procedures for the reporting of accounts and help them understand regulations.

What does an auditor do?

Typically, audits consist of a cycle of research; consultation; communication and inspection; analysis and reporting. Auditors start projects by gaining an in-depth understanding of the client’s business through research, conversations and a series of visits. You’ll meet with Financial Directors and Senior Managers to discuss strategy and operations, and begin the inspection and analysis:

• Reviewing previous audits to gain insights into client-specific processes
• Checking client records against bank records
• Checking the existence and accuracy of listed assets
• Confirming an accurate and complete list of client suppliers
• Examining the client’s stock-taking methods
• Performing a sample stock-take to evaluate the accuracy of the client’s records
• Testing client processes and controls

The next stage is to construct a report showing your findings, highlighting the key issues, making any recommendations and showing the final accounts.

What do I need?

• A university graduate or final year university student
• Fluent English and Russian
• Ability to go to business trips
• Ability to work overtime
• Analytical skills
• Team-player skills
• Willingness to learn and develop professionally

Start date:  Autumn 2013