Audit Assistant/Associate

1) Planning & Preparation

· Assist in gathering background information on the client’s business and industry

· Perform preliminary analytical procedures and risk assessment work

· Help prepare audit planning documentation and audit programs

· Understand key accounting policies and internal controls through walkthroughs/interviews

2) Fieldwork & Execution

· Perform audit testing on key balance sheet and P&L areas (cash, receivables, inventory, revenue, expenses, provisions, etc.)

· Select samples, obtain supporting documents, and evaluate adequacy of evidence

· Prepare and send audit confirmations (banks, receivables, payables, lawyers, etc.)

· Test internal controls where applicable

· Perform cut-off tests and subsequent-events reviews

· Identify audit issues and discuss proposed adjustments with seniors/managers

3) Documentation & Working Papers

· Document audit findings clearly and logically in working papers

· Ensure audit files comply with Singapore Standards on Auditing (SSA)

· Reference and cross-check working papers to support conclusions

· Maintain proper audit trails and version control

4) Financial Reporting & Compliance

· Assist clients in preparing or reviewing financial statements

· Ensure compliance with IFRS/SFRS, Companies Act, and ACRA requirements

· Draft audit reports and management letters (under supervision)

· Support compilation engagement work when required

5) Communication & Client Interaction

· Liaise with client staff to obtain information and clarify queries

· Maintain professional relationships and uphold confidentiality

· Participate in meetings with seniors/managers to discuss audit issues

6) Professionalism & Quality Control

· Follow firm policies on independence, ethics, and confidentiality

· Flag potential fraud risks or irregularities to supervisors

· Ensure deadlines are met and work is properly reviewed

· Maintain professional skepticism at all times

7) Learning & Development

· Attend internal training on auditing standards and accounting updates

· Continuously improve technical and soft skills

· Actively seek feedback and mentorship from seniors/managers