Posts tagged: "Financial audit"
Posted on November 11, 2016 by Mikey Brooks
My first year is over as a trainee and my transition from an AA1 to AA2 complete. I managed to fit quite a lot into a single 12 month period; 6 exams, interim and final audit, one Christmas party, 2 office quizzes, 2 cluster lunches, numerous socials, 9 weeks away from home and a year older. As I write this I have just passed my next 3 exams and have a month to go until my final 3 of this year. The pace hasn’t let up since I arrived but it certainly hasn’t been boring. more… One night on Audit… Followed by another 364.
Posted on September 9, 2016 by Alice Sturgess
Over the next few weeks, my intake are due to sign off our ICAEW training files and officially complete the ACA. We’re going to be issued Audit Principal contracts and many of us are moving teams. more… Onwards and upwards (or, my only regret is Colin Firth)
Posted on August 5, 2016 by Alice Sturgess
My mother once attended a wedding where, in place of more traditional hymeneal accompaniments, strains of “Making your mind up” by Bucks Fizz blared through the venue (a narrow boat) inspiring a waves of unease amongst the assembled guests, for all that it was clearly designed as a light-hearted joke.
Fortunately, at the NAO, there is no stomach churning moment of decision required of you, nor do you have to swear before gathered friends and family that you will stay with your beloved as long as you both shall live. However, as you near the end of your training contract, you will have an important decision to make and inaction tends to be a decision in itself. more… The big decision: Financial audit or value for money work?
Posted on May 6, 2016 by Mikey Brooks
Well it’s finally here, the time of year I have been warned about ever since I joined the office… Final audit. The constant speculation of the new trainees about how much work is expected, how long the hours are likely to be, will I be in the same place for the whole time, will I get TOIL (Time Off in Lieu), and many, many more questions regarding this new adventure in our lives. more… Final audit: Not as bad as I thought… not yet at least
Posted on April 29, 2016 by Laura Wright
As our trainees enter the busiest period of the year, we’ve dug out a post from our previous blogger Laura to help cope with the stress of final audit.
The summer months can be a stressful period for financial auditors working at the National Audit Office. This is because the majority of our audit work starts a few weeks after the year end (typically March) and clients are encouraged to complete certification of their financial statements before the end of July. Certification involves the signing of the audit report by the Comptroller and Auditor General of the NAO (currently Amyas Morse) and formal presentation of the accounts before Parliament. As Parliament leaves for summer recess towards the end of July, the deadline for certification tends to be just before this date. more… Our top 10 tips for coping with final audit stress