WHY WORK IN AUDIT?

• Audit is a very broad and marketable profession
• It is not a specialised field like Tax. Audit is a great place to start your career as it provides you with a strong technical base including both Accounting and Auditing standards
• Auditors gain a high amount of exposure through their audit of companies in their entirety. This is why a large portion of Financial Controllers and CFOs started their career in audit
• International secondment opportunities within the RSM global network

At the Client

• Team environment
• ​Dependent on the size of the job, up to half a dozen team members work together
• Team members range from Graduate to Partner

In the Office

• Wrap up existing jobs
• Plan future jobs

To enjoy a career in audit you need to be a team player with a positive attitude.

• Every day we are working amongst our colleagues/friends. Bouncing ideas off one another and constantly learning. Every client does things a little differently. Audit is all about asking the right questions, thinking on your feet, tackling problems head on and being able to adapt to a range of situations. 

THE WORKLOAD IN AUDIT IS VERY SEASONAL WITH TWO MAIN PERIODS:

• Peak season (Busy season) - Typically July to the end of September.
   
  • The majority of Australian listed companies (Listed on ASX) have a 30 June year-end.
  • These companies are required to lodge accounts (Annual Report) with regulatory bodies (ASX) by 30 September.
  • ​Many other clients i.e. Government Audits, Large Pty Ltd also have a 30 June year-end with similar deadlines. ​These companies are required to issue an Audit Report (issued upon completion of the  year end audit).
• The remainder includes half-year lodgements for ASX listed clients (31 Dec half-year reports). There are also audits for Large Pty Ltd companies, Schools, Legal Trusts, Real estate Trusts, Associations (the list goes on). These have various year ends.

WHY DOES IT MATTER THAT AUDIT WORK IS SEASONAL?

• Typically longer hours than other divisions during busy season
• Given number of clients & lodgement deadlines, this part of the year requires everyone to pitch in and work as a team to complete the audit.

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A day in the life...