Work with our audit team to conduct a successful audit for a client.
Are you studying business, economics, math, IT, or life sciences? Are you an innovative thinker and up to new challenges? Auditing is likely much broader than you imagined. From core to finance, from technology enabled to digital, auditing is an exciting professional world built on trust.
PwC’s Audit Job Simulation lets you tackle an audit case to experience our work. It will give you a feel of what it would be like to be part of the Audit, experience our international teams and the atmosphere and give you insights to what awaits you in a career in audit.
This program is self-paced. It takes approximately 4-5 hours to complete.
Skills Learned:
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Type of Audit
Limited, regular, none at all? First things first.- Risk Analysis
- Audit Planning
- Audit Acceptance Procedures
- Balance Sheet /Income Statement Review
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Strategic Planning
Understanding all aspects of the company.- Business Analysis Framework
- Risk Analysis
- Internal/External Info Sources
- Risk Minimisation
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Calculating Materiality
Materiality counts. Disclosure builds trust.- Trivial Threshold
- Uncorrected Misstatement
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Assertions on the Financial Statements
Reconciling ledger accounting.- Occurrence/Completeness
- Analytical Procedures/Case Checks
- Individual Cases
- General Ledger/Subledgers
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Fraudulent Activities
Watch out. Use your professional scepticism.- Fraudulent Activities
- Professional Scepticism
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Trade Receivables
Changes in position. Time to exercise checks.- Audit Objectives
- Audit Procedures
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Finish Line
