➢ Trace procedures from the origin of the transaction through its initial recording to final disposition in the accounts.
➢ Review accounts receivable for collectability; evaluate the adequacy of provision for loss.
➢ Trace inventory items observed at the initial count to actual final inventory record.
➢ Search for unrecorded liabilities by examining unpaid bills, accounts payable, and disbursements subsequent to balance-sheet date.
➢ Obtain signed inventory and liability certificates from the client.
➢ Reconcile inter-company payables and receivables.
➢ Index audit working paper files.
➢ Review internal control.
➢ Prepare charts of accounts.
➢ Check the control over accounts written off.
➢ Investigate the possibility of unrecorded revenues.
➢ Classify accounts for financial statement presentation.
➢ Supervise the observation of a large inventory count.
➢ Determine whether inventory items are obsolete or slow moving.
➢ Review the basis of inventory valuation.
➢ Evaluate the propriety of the depreciation methods and lives used.
➢ Inspect the securities owned, verify their cost and present values, and review the form in which title is held.
➢ Determine possible contingent liabilities by corresponding with attorneys, examining minutes, and making inquiries to clients.
➢ Verify purchases and sales cutoffs.
➢ Determine the extent of test checking required in an audit and select the period to be tested.
➢ Write comments for management letters.
➢ Review entries subsequent to balance-sheet date to determine need for disclosures.
➢ Obtain and write up other disclosure data such as leases, and differences between tax and accrual reporting.
➢ Review and update the client’s permanent file.
➢ Draft reports including footnotes.
➢ Prepare audit programs.
➢ Supervise and train assistants.
➢ Prepare routine correspondence to the client for the approval and signature of a partner, manager or assistant manager.
➢ Prepare budgets.
➢ Design forms.
➢ Install accounting systems
DESIRED CANDIDATE PROFILE:
Candidate must be a Bachelors in Commerce.
Candidate must have Knowledge of ICAI, UK ACCA, AICPA, GAAP, SFRS
Candidate must have 1-3 Years of experience
Candidate must be a Team Player, Ability to work under pressure.
Candidate must have Excellent communication and Interpersonal Skills.