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I do my best to explain an external financial statement audit in simple terms. Hope this has given you a little idea of what public accountants do… know that I put a lot of emphasis on planning, but it all flows together to the other steps. Anyway, I hope this was even a little bit insightful!!
Jump:
Get the customer 1:08
Schedule an audit 2:42
Execute your plan 14:23
Financial Statement Report 15:52
Archiving your audit work 18:36
Accounting videos to watch if this makes no sense:
Sarbanes Oxley and internal controls audit https://youtu.be/FubfpeBZues
What is accounting and auditing https://youtu.be/RWFCNEL4aDo
How to get an accounting job/internship straight out of college https://youtu.be/PbKpinWhxig
What I do for a living as an accountant https://youtu.be/YIvKawLcAfU
My Big 4 experience https://youtu.be/Uoaq8wFvEs0
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—————————-DISCLAIMER—————– —- ———
All opinions are my own and come from my personal experiences/observations. They do not reflect the opinions of any company I have worked for. Also, I don't audit Nordstrom, I just used them as an example.
I'm just sharing to offer a different perspective. Base your opinions on what is true for you.
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