Job Description
- Provide significant help and support to senior professionals to review a corporation's internal controls and procedures
- Analyze and evaluate the accuracy of accounting systems and procedures
- Review, develop and recommend changes in accounting systems and controls of a business
- Check and inspect the accuracy of accounts receivable and payable ledgers
- Study and test software and hardware systems of the company
- Develop and maintain the clients and business partners' databases
- Create and manage budgets, balance sheets and other related financial statements
- Analyze and recommend changes in internal audit controls
- Ensure compliance with local, national and federal audit policies and regulations
- Identify and evaluate procedures and policies in tax reporting processes
- Prepare audit paperwork in accordance with standards and requirements
- Establish working relationships with company's staff, business partners and clients
Job Specification
An audit assistant applies generally accepted auditing standards to a firm's internal controls and ensures these controls are adequate and functional. For example, an auditor aide can review internal procedures in the treasury department to ensure that at least two employees sign any vendor payment check exceeding $10,000. An audit assistant also may review a company's financial reporting systems to confirm adherence to generally accepted accounting principles (GAAP). For instance, the assistant may review a firm's balance sheet and verify asset, liability and equity amounts.