Working directly with clients, key decision makers and company owners helps you gain a better understanding of the challenges facing clients. These experiences allow you to see firsthand the positive impact your work can have on the client's business.
As an auditor with RSM, you will be part of a team that offers a tailored audit approach that incorporates risk assessment standards with a strong emphasis on early planning and knowing how clients' businesses function. Each engagement is unique — like you and like our clients. In most cases, you will be exposed to a broad assortment of industries before selecting a specialty, should you decide to do so.
Our audit approach involves:
Understanding the client
You will learn to understand clients' needs and expectations, their business and industry, accounting and control systems, personnel, company values and industry-related GAAP and GAAS issues.
You will perform an assessment of inherent risks, an evaluation of the client's internal control structure and the subsequent assessment of control risk. An assessment of the effectiveness of the client's procedures in controlling and detecting risk will also be performed.
You will perform substantive tests and tests of internal controls to identify and resolve accounting or reporting issues.
We communicate closely and regularly with the client's audit committee, CFO, controller and accounting staff during the audit process. From preliminary audit planning and work, through delivery of reports and communication of internal control related materials, you will have responsibility for keeping your clients informed.
You will use field audit software programs to simplify the routine aspects of audit work. We've developed tailored internal control review techniques and forms as part of the RSM Audit Performance System (MAPS). Industry-specific audit programs have also been developed that you will tailor, as a member of the engagement team, to address critical risks specific to each client.