Audit Intern

Job Description

About the Job: Audit Intern (Assurance)

Specialty/Competency: Assurance

Industry/Sector: Not Applicable

Time Type: Full-time

Travel Requirements: Up to 100%

At PwC, our dedicated professionals in Audit and Assurance are committed to delivering independent and objective assessments. They meticulously review financial statements, internal controls, and other assurable information, thereby enhancing the credibility and reliability of this crucial data for a diverse array of stakeholders. Our teams diligently evaluate compliance with various regulations, which includes a thorough assessment of governance and risk management processes and their related controls.

Within the domain of financial statement audit at PwC, your primary focus will be on obtaining reasonable assurance that the financial statements as a whole are free from material misstatement, regardless of whether such misstatement is due to fraud or error. Ultimately, you will contribute to the issuance of an auditor’s report that includes the auditor’s opinion, a cornerstone of financial transparency.

We are seeking individuals who are driven by curiosity and who will be reliable, contributing members of our teams. In our dynamic and fast-paced environment, you will have the unique opportunity to engage in a variety of assignments, each presenting distinct challenges and scope. Every experience at PwC is viewed as an invaluable opportunity to learn and grow. You will be actively encouraged to ask questions, take initiative, and produce quality work that consistently adds value for our clients and contributes significantly to our team’s collective success. During your tenure at the Firm, you will begin to establish your personal brand, paving the way for future opportunities within PwC and beyond.

Skills:

Examples of the essential skills, knowledge, and experiences required to lead and deliver value at this level include, but are not limited to:

• Apply a learning mindset and take ownership for your own development: A proactive approach to continuous learning and personal growth.
• Appreciate diverse perspectives, needs, and feelings of others: Fostering an inclusive environment through empathy and understanding.
• Adopt habits to sustain high performance and develop your potential: Cultivating practices that promote efficiency, resilience, and personal excellence.
• Actively listen, ask questions to check understanding, and clearly express ideas: Effective communication skills crucial for team collaboration and client interactions.
• Seek, reflect, act on, and give feedback: A commitment to constructive criticism for self-improvement and team development.
• Gather information from a range of sources to analyse facts and discern patterns: Analytical prowess to extract insights from complex data.
• Commit to understanding how the business works and building commercial awareness: Developing a strategic perspective on client operations and market dynamics.
• Learn and apply professional and technical standards (e.g. refer to specific PwC tax and audit guidance), uphold the Firm’s code of conduct and independence requirements: Adherence to industry best practices, ethical guidelines, and PwC’s internal standards.

The Opportunity: Audit Intern

As an Audit Intern at PwC, you will be immersed in the dynamic world of financial statement audits, gaining invaluable exposure to the intricate details of auditing and assurance. You will provide crucial support to client teams by actively participating in various projects, learning to apply fundamental accounting policies and financial reporting standards. This internship is designed to be a significant learning experience, allowing you to gain exposure to PwC’s established practices, support teams with foundational tasks, and observe professional work environments firsthand. This role offers a unique opportunity to develop your personal brand and lay a robust foundation for a successful career in auditing.

In this capacity, you will be an integral part of a team that deeply values diverse perspectives and actively encourages a learning mindset. You will have the chance to work on a wide variety of assignments, each presenting different challenges and scope, thereby enabling you to apply and hone your skills in data analysis, financial transactions, and compliance auditing. You will be continuously encouraged to ask questions, take initiative, and produce quality work that consistently adds value for our clients. This comprehensive experience will undoubtedly pave the way for numerous future opportunities, helping you to establish a strong and reputable foundation in the field of audit and assurance.

Responsibilities:

• Supporting audit teams in conducting comprehensive financial statement audits and assurance engagements.
• Participating in the review and verification of financial documents to ensure accuracy and compliance.
• Assisting in the application of industry-standard auditing methodologies and accounting standards such as GAAP (Generally Accepted Accounting Principles) and GAAS (Generally Accepted Auditing Standards).
• Engaging in data analysis and interpretation to identify critical financial trends and insights.
• Contributing to the preparation of accurate financial reports and disclosures for various stakeholders.
• Collaborating effectively with team members to manage client relationships and deliver exceptional audit services.
• Learning and applying internal controls and compliance auditing techniques.
• Observing and participating in the implementation of robust data security and quality measures.
• Utilizing data visualization tools to present complex financial data clearly and effectively.
• Analyzing financial transactions and statements to thoroughly support audit objectives.
• Gathering and organizing information to support comprehensive risk identification and management processes.
• Developing a strong understanding of accounting policies and financial reporting standards.
• Engaging in active listening and clear communication to enhance team collaboration and client interactions.
• Applying fundamental project management skills to assist in the coordination of audit tasks and timelines.

What You Must Have:

• Currently pursuing or have completed a Bachelor’s degree in Accounting.
• Before commencing full-time employment at PwC, you must meet the educational requirements to be eligible to sit for the CPA exam in your intended state of employment.
• A minimum of a 3.0 overall GPA.
• Client service intern positions are entry-level roles specifically intended for job seekers who are in their third year of a four-year degree program or fourth year of a five-year program at the time of application. Winter internships typically occur during the spring semester preceding the student’s final year of school. Summer internships typically take place during the summer preceding the student’s final year of school.

What Sets You Apart (Preferred Qualifications):

• Preference for a 3.3 overall GPA.
• Demonstrating foundational knowledge of Generally Accepted Accounting Principles (GAAP).
• Previous participation in external audit processes and methodologies.
• Experience engaging in financial statement analysis and reporting.
• Proficiency in utilizing data analysis and interpretation skills.
• Aptitude for applying auditing methodologies in financial audits.
• Capability in supporting client management and communication efforts.

Learn more about how we work: https://pwc.to/how-we-work

PwC does not intend to hire experienced or entry-level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.

As PwC is an equal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.

For only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.

The salary range for this position is: $29.25 – $48.00 per hour. Actual compensation within the range will be dependent upon the individual’s skills, experience, qualifications and location, and applicable employment laws.