Audit InternAt — SingerLewak

Interns are given a wide variety of diversified accounting assignments under the supervision of different professionals. Performance is judged based on the quality of work, application of accounting knowledge, and ability to meet time constraints.

• Assists in recording transactions in ledgers, prepares trial balances and simple financial statements using computer software program.
• Assists in reconciling accounts to control accounts.
• Assists in performing schedule computations of accruals, property and equipment, and calculates depreciation expense.
• Assists in performing audit or review procedures as assigned by supervisors.
• Assists in preparation of payroll tax, sales or other local tax and certain personal income tax returns.
• Assists in performance of other accounting, auditing and tax duties as needed in engagements and as assigned by supervisory personnel.
• Assists in compiling workpapers and other accounting reports needed for audits.

Tasks:

Assists in recording transactions in ledgers, prepares trial balances and simple financial statements using computer software program.
Assists in reconciling accounts to control accounts.
Assists in performing schedule computations of accruals, property and equipment, and calculates depreciation expense.
Assists in performing audit or review procedures as assigned by supervisors.
Assists in preparation of payroll tax, sales or other local tax and certain personal income tax returns.
Assists in performance of other accounting, auditing and tax duties as needed in engagements and as assigned by supervisory personnel.
Assists in compiling workpapers and other accounting reports needed for audits.

TRaining:

The firm will provide structured training and ongoing supervision to ensure the student achieves the outlined learning outcomes, including:
• Initial orientation covering firm policies, professional conduct, confidentiality, independence requirements, technology systems, and engagement workflow.
• Hands-on training in bookkeeping software, audit workpapers, and firm methodologies through guided assignments and example workpapers.
• Direct supervision and mentorship from senior associates, managers, and partners on assigned engagements.
• Regular feedback, including informal real-time coaching and weekly or biweekly check-ins to review progress, answer questions, and discuss learning objectives.
• Debriefing sessions following engagement tasks to reinforce technical concepts, explain the purpose of assigned procedures, and connect tasks to overall engagement objectives.
• Exposure to professional standards and best practices in accounting, auditing, and taxation through practical application.

Learning outcome:

• Apply generally accepted accounting principles (GAAP) to record routine business transactions and prepare trial balances and basic financial statements using professional accounting software.
• Perform account reconciliations and analyze differences between general ledger accounts and supporting schedules.
• Prepare and document accounting schedules, including accruals, fixed assets, depreciation, and other commonly used workpapers.
• Assist with audit, review, and other attest procedures, including compiling and organizing workpapers in accordance with firm and professional standards.
• Develop a foundational understanding of internal controls, audit evidence, and professional documentation requirements.
• Demonstrate professional communication, time management, and attention to detail appropriate for a public accounting environment.