Tag Archives: public sector audit

Area series #1 – Public Sector Audit

In our first Grant Thornton area series blog, Stuart tells us what it is like to work in PSA….

Where can you work with the largest employer in the UK, advise a new start-up company, and meet some of the biggest decision makers in the city that you live in? The answer is Public Sector Assurance (PSA).

I joined London PSA as a Graduate in September 2014, having previously worked in both local and central government. Grant Thornton is the largest provider of audit services to the public sector and is full of experienced professionals who are passionate and knowledgeable about the sector. This combined with the distinctive culture of the firm, embodied by its CLEARR values, is what sets Grant Thornton apart.

Audit services make up the main part of the work we carry out in PSA. Like in commercial audit, we are required to carry out testing on a range of areas to obtain assurance that the final accounts of an organisation are fairly stated. However, the pool of people with an interest in public sector accounts is much wider than for a set of commercial accounts. I actually started writing this piece whilst sitting in a waiting room at my local hospital (don’t worry it was not anything life threatening). As I looked around the room I saw a wide range of ages, nationalities and ailments. The one thing that we all had in common of course was that we were all service users of the NHS.

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#Talent 15 #Twickenham Stadium #PSA

 

Talent 15

Picture this. It is the year of the rugby world cup. You arrive at Twickenham Stadium, home to England Rugby. You are guided through the players tunnel picking up a glass of prosecco or two en route.  You step out onto the pitch and take in the grandiosity of your surroundings. This can only mean one thing.  We have made it to Talent 15.

9,398 applications were made, 2085 digital interviews were conducted, 682 assessment centres were held resulting in 462 offers made to school leavers, graduates, interns and business placements. Talent 15 is this group of promising associates who made it, then descended on Twickenham Stadium in August to be officially welcomed to the firm.

One of those associates was me, Danni, who joined London Public Sector Audit In January and was later joined by the rest of the new PSA peer group in September.  I am keen to share my experience of the event which reminded me of why I applied to Grant Thornton. Read this post

Talent 2015

Our latest blog comes from Chris, a trainee in Public Sector Assurance based in Birmingham.

Hi everyone! The aim of this blog is shed some light on the incredibly insightful, energetic and inspirational two days that was #Talent15. As mentioned in a previous blog post of mine, I joined Grant Thornton in June of this year as a new starter in Birmingham Public Sector Assurance (PSA). This meant I spent three months over the summer looking forward to Talent 15, as the induction event where I would get to know the rest of the new starters in Birmingham, as well as our national cohort of trainees.

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CIPFA Explained

For those of you researching our Public Sector Audit graduate schemes you may have come across a previously unheard acronym, “CIPFA”. It stands for the Chartered Institute of Public Finance and Accountancy and is the professional qualification for accounting in the public sector. After three years of study (and work experience) you will be a Chartered Accountant qualified to work in both the public and private sectors, with CIPFA qualified accountants in senior positions at the IMF, BBC, Olympic Delivery Committee and all of the large accountancy firms.

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Billie’s Internship Diary

On Wednesday 17th July Grant Thornton’s interns gathered from all across the country (some coming from as far as Belfast!) at St Michael’s Primary School in Birmingham, where we volunteered for a day of building a sensory garden and renovating the playground. Between us we’d managed to raise well over £1,500 through fundraising events as varied as “guess the weight of the royal baby” and “man vs curry”! I mentioned previously that I was organising a raffle, which went excellently! The raffle team managed to get some amazing prizes donated by local companies, such as tickets to the Regent’s Park Open Air Theatre, Hotel Chocolat gifts, a meal at Nando’s, yoga gift voucher from Attentome, and four gym passes, two from Goodvibes and two from Ozone Health and fitness! Overall the London office raised a whopping £815.93! A massive congrats to everybody that contributed to that, especially the Yorkshire team who won the per capita prize for most money raised. Read this post