Audit Senior Associate

acca careers

Malaysia, Selangor

Fresher

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Posted 4 months ago
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Job Description

Main Duties, Tasks And Responsibilities

Plan, control and monitor the audit engagement process, including preparing and updating the permanent audit file and briefing the engagement team
Determine levels of risk and use them to document the audit plan and design audit programmes for a statutory audit
Evaluate risk in a client's internal control structure and make any necessary changes to the audit programme or plan of work
Coordinate, assist and support the audit team in carrying out statutory audits and other assurance services to clients
Manage team members whilst out on-site effectively to deliver high quality statutory audits to agreed deadlines and budgets and delivering a positive client experience
Allocate work effectively to team members
Carry out performance appraisals of team members at the end of audit engagements
Work closely with partners, supervisors and team members on client management and practice development
Review primary financial statements drafted by team members in compliance with audit functions and accounting standards (e.g. MPERS), regulations and legislation (Companies Act, 2016)
Correct primary financial statements for errors and account for or disclose events after the reporting date
Evaluation evidence, demonstrate professional skepticism, investigate areas of concern and ensure audit documentation is complete and all significant issues are highlighted to supervisors
Review documentation of audit evidence and evaluate for sufficiency and appropriateness
Identify and resolve all audit issues and ensure that there are no outstanding queries
Discuss the findings and implications of a statutory audit with management and governance teams
Draft written representations and report significant control deficiencies identified during the course of the statutory audit to management and governance teams
Identify and communicate accounting and auditing matters to supervisors and partners
Prepare audit reports in accordance with relevant accounting standards (e.g. MPERS), regulations and supervision (e.g. Companies Act, 2016 and Strata Management Act, 2013)
Resolve client inquiries and issues relating to auditing functions
Keep up to date with current technical matters
Interact with clients to help ensure that the information flow from the client to the audit team is efficient
Ensure compliance with best practices of all audit procedures and standards
Extract and analyse data from financial records and filing information to prepare draft income tax computations and related supporting documents
Review the computation or assessment of income tax for individuals and companies
Manage time and tasks effectively to meet business needs and professional commitments