What is the audit trainee doing?
Trainee auditor serves as an assistant licensed or certified auditors or trainees of higher levels and learns how to perform basic tasks of audit, such as inspection. With some exceptions, such as the offer of formal audit results, the trainee does exactly the same job as the ordinary auditor does. He simply can't do it without supervision. For example, a tax auditor could learn specific tax forms that could require clients. This is essential for the audit process because it provides most of the information used by the auditor for analysis and recommendations. As they learn to learn which records and activities are relevant, they also learn how to organize obtained data for checking.
Sometimes the only way to really understand how the company works there is to go there and observe. In these cases, the practicer travels with a higher level auditor to society. The higher -level auditor explains how the trainee should observe and what to look for during corporate operations.The trainee can make notes about what they see and how it could contribute to the success or failure of the society's objectives.
Most of any audit include interaction with the client. For example, the auditors are involved in a preliminary meeting with the client to clarify the scope of the audit of how and when the audit will take place and what sources will be available. Similarly, during the data collection process, auditors sometimes have to talk to certain people to verify information, test checks or explain clarification. The audit practicer thus comes with the auditor at these meetings and interviews, participates in the auditor's management and, if possible, answers questions.
Higher level auditors show Auditors' trainees if you want to analyze all the information they collect. Having clear audit goals helps the participant understand what data could be relevant and what is not particularly useful. Trainees also improve their skills aboutBjectivity and improve their analyzes so that they are not simple personal opinions and focus only on data.
The basic part of any audit is the design of a formal report on the audit. This document contains the audit and proposals of the auditor; The auditor represents this and formally discusses it with the client. The format is predictable, but the message must be clear and brief. Audit accountants help audit to propose these reports, with auditors providing tips for grammar and content. Reviewing the previous audit documentation helps the trainee to understand what the good news and the tone it must have.
All auditors are responsible for closing the audit in time. The audit trainees therefore help to set up a realistic Audit Plan by the client. They can send the permission of correspondence or quickly call the client to remind the client closer to audit events, needs or deadlines. At the end of the audit, the trainee could design and send the final correspondence, set upt subsequent audits or submit all related paperwork, including the client's response to an audit report.