What you will be doing as an audit graduate [day to day]. Need to Know if starting in audit!
ฝัง
- เผยแพร่เมื่อ 28 มิ.ย. 2024
- If you found this video helpful then subscribe to my channel, or support me making more content by buying me a coffee, if you like..
www.buymeacoffee.com/paulharris
I break down in this video in a fair amount of detail exactly what you will be doing and why when starting as a new audit graduate.
My experience working at PwC
• My Experience Working ...
What do auditors do (overview)
• Video
![How To Get A JOB At A TOP 4 PROFESSIONAL FIRM! [2020]](http://i.ytimg.com/vi/D6RUOCydPGA/mqdefault.jpg)
Everyone should watch this before joining audit. By far the most accurate and detailed explanation on youtube.
Everything I've learned from my CPE courses last week has been well explained in this video
So so helpful, thank you
You're a great teacher, thank you
I did make it to the end! Thanks, Paul.
Thank you, This was very insightful.
Hey Paul, im about to start my journey at KPMG, and this was honestly such a great revision and preparation for me. Appreciate it alot !
Can't believe this is free! Great video mate.
This is literally the most detailed video I have seen on auditing. Am understand so much better. Thank you so much ......
This is so helpful. Thanks alot
you re kinda saving my life right now
thanks paul ! A great video covering all the important stuff
Thank u Paul! I find it really helpful to understand what are auditors doing in day-to-day work and why they are doing that
Thanks for this informative video.
Thanks a lot, this is the first time I watch such a detailed explanation of what you'd do as an auditor during an engagement
Enjoyed it! Thank you
Detailed explanation thanks
Very helpful & informative.
Thank you very much!
I came back to this video to say THANK YOU! This Video was incredibly useful and it helped me get a job at a Big 4 Firm. Keep up the good work and may Allah bless you.
I enjoyed this video
Thank you sir
This video was absolutely amazing, thank you for giving such a detailed explanation! At Big 4 firms, is it easy to switch between service lines?
Seems about right, you are pretty accurate
good
Hi Paul, thank you for the video.
I have been binge watching your videos for a while now as I'm researching Accounting as a possible career and you're U.K based. Not many videos on YT are from UK accountants.
Anyway, do auditors who work in industry do similar work to those in practice?
Hey, thanks! I think it will be more control focused as an internal auditor. Also the general atmosphere may be different as you are not requesting stuff off a client as they will be colleagues. Although audit in a professional firm is probably more varied as you move from client to client
I'm thinking of doing accounting in uni. I'm trying to find a career where you can be strategizing in terms of efficiency and optimisation ...for example when to budget or when to spend in order to achieve desired outcome in the most time-efficient manner. After watching this video, I'm not sure that auditing is for me as it seems kind of basic in that its basically about evaluating accounts for correctness and doesn't involve optimising something. I'm also an introvert and prefer to work independently which I think contrasts with auditors as they usually work with a team and communication is a very important skill.
Maybe try management accounting??
Good exmaple with WireCard how audit can fall apart. Here is the title from recent Financial Times: EY’s Wirecard audits suffered serious shortcomings, German probe finds
Quality content :) Qq: part-qualified ACA (CFAB), currently doing ESL in Asia. Do you think it would be a good idea for me to spend 9 months to self-study all ACCA exams, and then try to find a Finance job once exam-qualified (without professional experience)
Great video! I’m hoping to get into audit, from a non relevant degree. I’m almost there with two firms. Would you describe your three years as an associate as fairly easy? (The work, that is, not the exams). Cheers!
In hindsight i’d say the work isn’t that difficult; but the speed in which you have to learn it makes it hard... a lot of mutlitasking is needed as there is a high quantity of work
So basically the juniors work as a bean counter
Hi Paul
I have a bachelors in applied accounting from Oxford brookes. I want to be a consultant in a big firm (big 4 etc). But before that I want to do my masters. In what do you recommend to do Masters in? Master in accounting and controlling or sustainable accounting, finance and management? I don't want to do ACA etc . I don't want to go through that process! What do you think ?I trust your suggestion!!! Also what part time jobs should I do to represent my soft skills 🤔??
I just got hired starting in June this year. Im wondering, since I will be working with real estate firms, will it be any different?
Could you speak a bit on the working culture of being an Auditor? Are all the working till midnight & lack of work/life balance justified and worth it?
Hi, incoming audit ACA trainee in September with some background in stats.
How do auditors decide on the level of sampling required for a given value of revenue with a given number of invoices? Is there a standard formula, or is this a matter of experience and eyeballing a balance between reasonable workload and getting a reasonable level of reliability for the extrapolation of the materiality to the whole revenue?
From my experience as auditor you won’t be messing around with formulas to calculate sample sizes. There is a standard sampling calculator which you use in which you input your materiality, total value of the population you are testing and other qualitative factors such as the assertions to be tested and the engagement risk. You won’t be touching the underlying maths and formulas which determine the sample sizes unfortunately.
@@01chohan no problem, that answers my question perfectly! A standard formula makes sense to me, and it’s nice to know that we just use a standard calculator to get a required result!
Thanks
So glad I work in tax and not audit!
I’m in the final state with a few audit graduate schemes. Personally couldn’t think of anything worse than tax! 😅
Thank you for sharing this great reminder video. Date Stamp: 27sept21
Do you have LinkedIn Mr. Paul?
Hi Guys 😍💋 💝💖