From what I thought and who I met, to what I did and where I went, this blog gives a pretty comprehensive account of my first week as a public sector audit (PSA) intern at the London Euston office. Although your experience won’t be the same, I hope this gives those soon to join Grant Thornton a flavour of what is to come in your first week.
Holly, Public Sector Audit Intern
It comes to that time of year again where the sun decides to shine on the weekends, my friends invite me to really fun events and…I have to study. It’s the same for all trainees, as passing exams is a major part of our role, but even after two years, knuckling down to put in the hard hours does not come naturally.
In my previous blogs about Public Sector Audit (PSA) I have shared what we get up to in terms of specific tasks throughout the year as well as explaining the CIPFA qualification. In this entry I am going to try to answer the question “Why PSA?”.
When I talk to people and tell them that I am training to become a public sector auditor most people look at me with a blank face, whilst some people run away and hide at the mere mention of the word audit. For those who are still around for me to explain further, the first thing I always mention is financial statements as I imagine this is what most people would associate with audit. It is true that we do spend a good half of the year conducting financial statement audits (of local authorities, NHS Trusts, Ambulance Trusts, Fire and Police authorities to mention a few), however this still leaves half of the year where we are getting up to other things. Read this post
Hello and welcome to the next instalment of my Public Sector Diary, and my first as a fully-fledged member of the Spilling the Beans team! A common perception can be that a lot of businesses slow down over the summer months, but this is not the case in Public Sector Audit. To say the past few months have been busy would be an understatement as the final accounts audits of our Local Government clients have been in full swing. Read this post
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.
Being a part of the largest provider of Public Sector Audit in the country has its advantages, not only do you have a large body of support and people to learn from but can also bag some great away jobs. For example, as I write this I am sitting looking out at the harbour of St Mary’s on the Isles of Scilly. It is a beautiful, quaint place which I would never have had the opportunity of visiting had I not taken a training contract with Grant Thornton. Granted I still have to work for 7.5 hours a day, but for the evenings I can wander around the coastline sampling the delicacies and lapping up the British sunshine; things are pretty good.
Hi, I’m Billie and I’m an intern in the Public Sector Audit team at Grant Thornton’s Euston Square office in London. Having lived in small villages and towns all my life I was feeling a certain trepidation on my first day as I rode the tube to the Finsbury Office where our induction was to take place, however I was quickly put at ease by the friendly welcome given by the firm.
Welcome to part two of my Public Sector diary, I hope you enjoyed the first part! Since you last heard from me it has been busy season in the Public Sector with NHS final accounts taking up all of May for everyone in the Public Sector team. Some of the NHS audits went down to the wire but I am pleased to say that all were delivered by the deadline!
It’s been a couple of months since I combined some of my thoughts into a blog, and what better time to continue the trend than when attempting to take a break from revision (I’ve already cleaned my flat, colour co-ordinated my wardrobe, counted the tiles in my bathroom…).