Audit Assistant/Associate
1) Planning & Preparation
- Assist in gathering background information on the client’s business and industry
- Perform preliminary analytical procedures and risk assessment work
- Help prepare audit planning documentation and audit programs
- Understand key accounting policies and internal controls through walkthroughs/interviews
2) Fieldwork & Execution
- Perform audit testing on key balance sheet and P&L areas (cash, receivables, inventory, revenue, expenses, provisions, etc.)
- Select samples, obtain supporting documents, and evaluate adequacy of evidence
- Prepare and send audit confirmations (banks, receivables, payables, lawyers, etc.)
- Test internal controls where applicable
- Perform cut-off tests and subsequent-events reviews
- Identify audit issues and discuss proposed adjustments with seniors/managers
3) Documentation & Working Papers
- Document audit findings clearly and logically in working papers
- Ensure audit files comply with Singapore Standards on Auditing (SSA)
- Reference and cross-check working papers to support conclusions
- Maintain proper audit trails and version control
4) Financial Reporting & Compliance
- Assist clients in preparing or reviewing financial statements
- Ensure compliance with IFRS/SFRS, Companies Act, and ACRA requirements
- Draft audit reports and management letters (under supervision)
- Support compilation engagement work when required
5) Communication & Client Interaction
- Liaise with client staff to obtain information and clarify queries
- Maintain professional relationships and uphold confidentiality
- Participate in meetings with seniors/managers to discuss audit issues
6) Professionalism & Quality Control
- Follow firm policies on independence, ethics, and confidentiality
- Flag potential fraud risks or irregularities to supervisors
- Ensure deadlines are met and work is properly reviewed
- Maintain professional skepticism at all times
7) Learning & Development
- Attend internal training on auditing standards and accounting updates
- Continuously improve technical and soft skills
- Actively seek feedback and mentorship from seniors/managers