Audit Associate Resume Samples

Description :

1. To assist in planning work on assigned segments of the audit.
2. To execute detailed audit procedures, including reviewing transactions, documents, records, reports and procedures and conducting audit tests which are sufficient in scope to support professional opinions as to the fair representation of client financial statements.
3. Assist in the preparation of financial statements, reports and analytical reviews, as necessary.
4. Prepare work papers which record and summarise audit procedures performed and ensure that working paper are within approved firm guidelines Assist in developing recommendations for corrective action/improvement.
5. Ensure assigned work is completed within agreed time frames and carried out per approved methodologies and standards and within agreed budgets.
6. Keep the senior and manager updated on any issues arising from the assignment.
7. Assist with departmental administration tasks such as filing and updating of client files.
8. Leverage knowledge and contribute to proper knowledge management within the department.

Experience

2-5 Years

Level

Executive

Education

Accounting And Finance

Description :

1. Completed audit test work for the clients in industries such as government, pharmaceuticals, consumer markets, entertainment, non-profit and financial services.
2. Completed quarterly and annual audits for public and private clients in various industries including entertainment, pharmaceuticals, consumer markets, non-profit and financial services.
3. Performed planning and final analytics of fluctuations within the balance sheet and income statement by assessing financial and non-financial information.
4. Conducted inquiries with the client's control owners and management to identify and resolve any discrepancies within control processes.
5. Completed Sarbanes Oxley client walkthroughs, process flow charts, and process narratives.
6. Performed internal audit procedures to test the design, implementation and operating effectiveness of controls to ensure compliance with Sarbanes Oxley.
7. Received four Encore awards for outstanding performance and work ethic during the busy season.

Experience

0-2 Years

Level

Entry Level

Education

BS In Accounting

Description :

1. Initiates planning and lead the client service team in the conduct of audit engagements.
2. Assists the Audit Associates and Audit Manager in the distribution of the members of the audit team among audit engagements.
3. Reviews client's accounting system and internal control policies as part of the risk assessment procedures in order to determine audit risks involved in an audit engagements Determines necessary audit procedures according to the assessed level of audit risks.
4. Guides and lead the audit staff during fieldwork.
5. Reviews working papers and audit procedures according to the level of assessed risks of the Company.
6. Monitors the status of the audit engagements and resolve problems and difficulties that the members of the audit team encounter during the audit.
7. Reviews summary of findings and gives further recommendations for the Audit Manager's review.
8. Reports and discusses to the Audit Manager for audit results and findings.

Experience

2-5 Years

Level

Executive

Education

Bachelor Of Science

Description :

1. Spearheaded the audit and review of accurate and reliable financial statements including disclosures while complying with GAAP; researched and interpreted complex accounting issues.
2. Supervised and mentored the team in performing at optimal levels.
3. Liaised with clients concerning business operations and accounting procedures within client companies.
4. Oversaw assurance engagements including audits, reviews, and agreed upon procedures.
5. Tested and reviewed account balances and accounting procedures.
6. Performed extensive research on complex accounting issues.
7. Developed a document pertaining to related entities and financial reporting requirements, which encompassed guidance in determining whether related entities were required to report consolidated financial statements.
8. Established alternative audit, accounting, and internal control procedures and recommended process improvements that aided the clients in addressing deficiencies.

Experience

10+ Years

Level

Senior

Education

Bachelor Of Science

Description :

1. Practice area included private and public companies with revenue ranging from $50 million to $1.4 billion, and companies in diverse industries with both domestic and international operations.
2. Experience with industries encompassing private equity funds, manufacturing, service providers, agricultural, cooperatives, in addition to employee benefit plans.
3. Led numerous financial statement and employee benefit plan audits of both public and private clients.
4. Supervised, trained and reviewed the work of associates and senior associates.
5. Developed succession-based engagement teams and implemented risk-based audit approaches that were focused on effectiveness and efficiency.
6. Managed the filing of registration statements with the SEC.
7. Supervised multiple teams of one to five staff accountants including the performance of periodic performance appraisals.
8. Responsible for day-to-day management of client relationships.

Experience

2-5 Years

Level

Executive

Education

Business Administration

Description :

1. Led an audit team in financial statements audit of financial, manufacturing, and retail business.
2. Assessed and evaluated internal control for audit planning Identified weaknesses in business processes and recommended procedures to increase the efficiency and effectiveness Prepared and filed individual tax returns.
3. Performed physical inventory Performed different audit analytical procedures Performed substantive and compliance testing Used CAATs to evaluate risk assessment and incorporated results into planning and audit execution.
4. Provide guidance and supervision to other team members on different accounting and auditing issues Select highlights include: Auditing.
5. Planned, Performed and oversaw audit engagements.
6. Cultivated relationship with clients, suppliers, and professional service Development providers Data Analytics.
7. Performed data analytics to improve effectiveness and efficiency of audit procedures.

Experience

10+ Years

Level

Senior

Education

M.S. In Accounting

Description :

1. Perform audits and reviews of various local and multinational organizations within the industries of oil and gas, contracting and construction, construction, manufacturing, advertising and multimedia, and service providers.
2. Prepare client financial statements including consolidated financial statements of groups in compliance with the International Financial Reporting Standards (IFRS) and statutory framework.
3. Assist in drafting engagement, representation, and management letters under prescribed format.
4. Identification, research and resolving financial reporting and auditing issues.
5. Oversee, train and develop junior staff as well as provide informal and formal feedback regarding their performance.
6. Conduct trainings on IFRS, and International Accounting Standards (IAS).
7. Time management and completing work within apportioned time while maintaining high standards of quality.

Experience

7-10 Years

Level

Consultant

Education

BA In Accounting

Description :

1. Reconciled client general ledgers to their trial balance.
2. Investigated and applied audit procedures to identified differences and reconciling items.
3. Created and performed internal control testing based on client's internal risks and procedures.
4. Provided clients with processes that effectively segregated duties and minimized control risk by improving internal control efficiencies.
5. Recorded transactions in the general ledger as well as prepared monthly reconciliations in accordance with GAAP.
6. Worked directly with client management teams in assisting with financial analyses of profit and loss for various entities.
7. Assisted in audit engagements for various size entities.
8. Planned, performed detailed audit procedures, and drafted financial statements for audit engagement clients in the healthcare industry, employee benefit plans, and in the not-for-profit industry.

Experience

2-5 Years

Level

Junior

Education

Business In Accounting

Description :

1. Assisted with performing audit procedures for privately held and non-profit clients.
2. Performed contribution, distribution, loan, payroll remittance, and investment allocation testing for employee benefit plans.
3. Verified that proper amount of taxes are being withheld, and determined if proper employee balance and contribution percentages and calculations tie with trust report and amortization schedules.
4. Performed investment allocation and investment earnings allocation testing.
5. Sent confirmations in order to verify investment allocation deferral percentage to determine the reasonableness of the plan's income allocation at the participant level.
6. Filled out employee benefit plan audit programs.
7. Draft, proof, foot, and traced financial statements and footnotes.
8. Prepared and sent confirmations to clients to verify if attached statements agreed with their records.

Experience

2-5 Years

Level

Executive

Education

Bachelor Of Science

Description :

1. Prepared financial statements for individuals, partnership firms, and small businesses and companies Generated revenues by processing income tax returns for individuals, partnerships, and companies.
2. Drafted annual reports of companies and small businesses.
3. Led and supervised teams for internal and statutory audit of companies and businesses that included textile mills, textile machinery parts manufacturers, educational institutions, investment and leasing companies.
4. Participated in inventory control and verification for large enterprises.
5. Acted as a liaison between partners and clients ensuring client satisfaction at all times.
6. Improved employee satisfaction and productivity by ensuring that grievances were addressed.
7. Gained knowledge and ensured compliance with Indian laws and regulations.
8. Exposure to primary market and secondary market activities.

Experience

2-5 Years

Level

Junior

Education

B.S. In Business Administration

Description :

1. Worked on a variety of client deliverables including payroll testing, cash testing, subsequent cash disbursement testing, AR & AP testing, lease testing, and maintenance of confirmation logs.
2. Assisted audit of financial statements through analytical procedures and preparation and completion of audit programs.
3. Traced client prepared documents to and from third-party records in order to test completeness and existence of client records.
4. Applied concepts of materiality and audit risk to sampling tests.
5. Prepared work papers that were informative, indexed, and cross-referenced in an easily understandable manner.
6. Managed daily client workflow and multiple client projects at any given time.
7. Resolved audit issues by obtaining evidence and making inquiries of client while concurrently learning clients' accounting systems.

Experience

7-10 Years

Level

Consultant

Education

Professional Accounting

Description :

1. Performed litigation support involving the examination of canceled checks, expense accounts, invoices, bank records, and industry trends.
2. Conducted fraud examinations involving the analyzing of financial statements, bank statement activity, and expense activity.
3. Prepared financial statements for both cash basis and accrual basis clients.
4. Reviewed general ledger detail, performed cash cutoff testing, conducted searches for unrecorded liabilities, tested accounts receivable balances, and carried out analytical procedures on revenue and expense accounts.
5. Prepared partnership and individual tax returns.
6. Supervised the generation of financial statements through the use of an automated system.
7. Provided computer support to colleagues and supervisors on various hardware and software problems.

Experience

2-5 Years

Level

Junior

Education

Accounting