As a summer intern at RSM Richter Chamberland I had the opportunity to work on a real estate audit mandate hardly a week after completing training! At first I was really nervous because I had no idea what to expect. Thankfully, everyone I’ve encountered at the Firm is very reassuring and open to answering questions.
Our audit team held a meeting on the Friday before we were to visit the client. During this time the Supervisor spent an hour and a half explaining every aspect of the audit procedure to me in detail. He gave me an overview of the different types of fraud that could occur in the real estate industry and the subsequent tests and controls we must perform to ensure our client is respecting GAAP (Generally Accepted Accounting Principles). I spent two weeks at the client’s office where I completed the cash section and the capital assets section of the file. Frankly, I never imagined I would be this involved in the mandate and I was pleasantly surprised with the kind of responsibility I was given. I had a great time working with the other two auditors on the file because they were very helpful and made sure I was doing my job to the best of my ability.
Honestly, I have learned more about auditing this summer than I have in three years at university and I attribute that to the fact that the people here really believe in your abilities and aren’t afraid to give you challenging and rewarding assignments.
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