“Accountant… Staff Accountant, Junior.”

Recruiting co-op or full time employees (and turning them into a top agent!)

DIVISION: Audit

REPORT TO: Manager/Senior Manager

OBJECTIVE: To complete assigned sections of audit and review engagements, as well as certain Notice to Readers and tax returns.

TRAINING FOR THE FIELD:

• Gather prior year’s files
• Roll forward Caseware/Caseview including ensuring the file incorporates the latest templates
• Prepare and send confirmations as directed by manager/senior
• Attend planning meetings

FIELD WORK:

• Inquire of the manager/senior manager any tests or procedures that may be unclear throughout the engagement
• Report to the manager/senior manager any matters encountered that may adversely affect the engagement’s outcome on an on-going basis. In addition, discuss any issues with the manager/senior manager that may require modification to the planned work
• Gather all pertinent information for the notes to the financial statements that are relevant to your sections of the file, and gather management/client service letter points
• Summarize agreements/documents; identify all relevant points
• Complete the tax matters schedule
• Initiate discussions with the manager/senior manager to make him/her aware of the status of your sections
• Monitor the time spent on any individual section of the file by recording actual time incurred
• Accumulate questions for the client and discuss them with the manager/senior before discussing with client
• Clear all review notes on a timely basis and ensure they are complete
• Prepare a list of outstanding issues for each of your sections of the file and indicate a follow up plan
• Perform tests of transactions to verify audit assertions as planned or directed by manager/senior and clear related review notes
• Undertake tests of transactions and document enquiry, discussion and analysis for review engagements
• Draft financial statements and notes
• Draft the tax return for review by the manager/senior and clear related review notes
• Check mathematical accuracy and ensure client provided information is not false or misleading for compiled statements

DEBRIEFING:

• Follow up on any outstanding issues and assist the manager/senior in the completion of the file
• Update Caseware/Caseview and working papers adjusting entries as provided by the manager/senior
• List significant issues for manager/senior consideration
• Update list of outstanding items with a follow-up plan
• Ensure all working papers are updated to reflect the final version of the financial statements
• Ensure the working papers document the work undertaken, including completion of all forms and checklists

QUALIFICATIONS AND BEHAVIOURAL COMPETENCIES:

• Strong analytic skills
• Willingness to learn Caseware/view, Profile and related software programs
• Results oriented
• Ability to work under pressure and multi-task
• Strong verbal and written communication skills

MARKETING GUIDELINES AND EXPERIENCE:

• Learn the services offered by the firm
• Learn the structure and culture of the firm
• Promote good “in-field” client relations by delivering attentive, timely and intelligent service
• Learn how to explain the differentiators between BDO and other accounting firms