Audit Intern

Job Description

About the Job: Audit Intern

At PwC, our people in audit and assurance focus on providing independent and objective assessments of financial statements, internal controls, and other assurable information. This work is crucial for enhancing the credibility and reliability of financial data for a variety of stakeholders. We evaluate compliance with regulations, including assessing governance and risk management processes and related controls. In financial statement audit, your primary focus will be on obtaining reasonable assurance that financial statements are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes the auditor’s opinion.

Your Profile:

You are driven by curiosity and are a reliable, contributing member of a team. In our fast-paced environment, you will have the chance to work on a variety of assignments, each presenting varying challenges and scope. Every experience is an opportunity to learn and grow. You are actively encouraged to ask questions, take initiative, and produce quality work that adds value for our clients and contributes to our team’s success. During your time at the Firm, you will begin to establish your personal brand, paving the way to more opportunities.

Key Skills & Attributes:

To succeed in this role, you will need to demonstrate and develop the following:

• Learning Mindset: Apply a learning mindset and take ownership for your own development.
• Diverse Perspectives: Appreciate diverse perspectives, needs, and feelings of others.
• High Performance: Adopt habits to sustain high performance and develop your potential.
• Effective Communication: Actively listen, ask questions to check understanding, and clearly express ideas.
• Feedback Culture: Seek, reflect, act on, and give constructive feedback.
• Analytical Thinking: Gather information from a range of sources to analyse facts and discern patterns.
• Commercial Awareness: Commit to understanding how the business works and building commercial awareness.
• Professional Standards: Learn and apply professional and technical standards (e.g., PwC tax and audit guidance), uphold the Firm’s code of conduct and independence requirements.

The Opportunity: As an Audit Intern

As an Audit Intern, you will engage in the dynamic world of financial statement audits, gaining exposure to the intricacies of auditing and assurance. You will support client teams by participating in various projects, learning to apply accounting policies and financial reporting standards. This role is primarily focused on learning and gaining exposure to PwC’s practices, supporting teams with basic tasks, and observing professional work environments. It offers a unique opportunity to develop your personal brand and build a foundation for a successful career in auditing.

You will be part of a team that values diverse perspectives and encourages a learning mindset. You will work on a variety of assignments, applying your skills in data analysis, financial transactions, and compliance auditing. You are encouraged to ask questions, take initiative, and produce quality work that adds value for our clients. This experience will pave the way for more opportunities, helping you to establish a strong foundation in the field of audit and assurance.

Core Responsibilities:

Your responsibilities as an Audit Intern will include:

• Audit Support: Supporting audit teams in conducting financial statement audits and assurance engagements.
• Document Review: Participating in the review and verification of financial documents to maintain accuracy and compliance.
• Methodology Application: Assisting in the application of auditing methodologies and accounting standards such as GAAP and GAAS.
• Data Analysis: Engaging in data analysis and interpretation to identify financial trends and insights.
• Report Contribution: Contributing to the preparation of financial reports and disclosures for stakeholders.
• Team Collaboration: Collaborating with team members to manage client relationships and deliver audit services.
• Compliance Learning: Learning and applying internal controls and compliance auditing techniques.
• Data Security: Observing and participating in the implementation of data security and quality measures.
• Data Visualization: Utilizing data visualization tools to present financial data effectively.
• Transaction Analysis: Analyzing financial transactions and statements to support audit objectives.
• Information Gathering: Gathering and organizing information to support risk identification and management processes.
• Accounting Understanding: Developing an understanding of accounting policies and financial reporting standards.
• Communication: Engaging in active listening and communication to enhance team collaboration and client interactions.
• Project Assistance: Applying project management skills to assist in the coordination of audit tasks and timelines.

What You Must Have (Required Qualifications):

• Education: Currently pursuing or have completed a Bachelor’s degree in Accounting.
• CPA Eligibility: Before starting full-time at PwC, meet the educational requirements to be eligible to sit for the CPA exam in your intended state of employment.
• GPA: At least a 3.0 overall GPA.
• Program Year: Client service intern positions are entry-level roles 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):

• Higher GPA: Preference for a 3.3 overall GPA.
• GAAP Knowledge: Demonstrating knowledge of Generally Accepted Accounting Principles (GAAP).
• Audit Experience: Participating in external audit processes and methodologies.
• Financial Analysis: Engaging in financial statement analysis and reporting.
• Data Skills: Utilizing data analysis and interpretation skills.
• Audit Application: Applying auditing methodologies in financial audits.
• Client Communication: Supporting client management and communication efforts.

Travel Requirements: Up to 100%

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

PwC is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment 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.

Learn more about how we work: [https://pwc.to/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](https://pwc.to/H-1B-Lottery-Policy).