Internal auditing ?
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Anyone is in internal auditing? Wonder what is the job scope like and generally are the colleagues fun loving / super boring type. Am now workings in accounts and find the job unsatisfying
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audit? Fun loving?
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Ya...I think people in audit are more lively. Compared to the aunties I see now around me / even those around my age. Its like half dead zombies.
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it depends on the company.Originally posted by sheri:Ya...I think people in audit are more lively. Compared to the aunties I see now around me / even those around my age. Its like half dead zombies.
how old are u?
generally, for MNC...internal audit flies around most of the time, alone or in pair...and it is very easy to develop affair.... -
My cousin is in audit... fun person. But very sarcastic.
Job scope ar... whole year can be quite relaxed until those taxes come.
I remember last year my cousin has to skip CNY because of don't know what tax thingy. Tons and tons of accounts to look into, took 2 whole weeks to finish. -
Am 23. Hence I think I am too young for my current job environment lei. But MNC the location all seem to be in Jurong? Dun like to work in dat kind of place ah.
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MNC location jurong?Originally posted by sheri:Am 23. Hence I think I am too young for my current job environment lei. But MNC the location all seem to be in Jurong? Dun like to work in dat kind of place ah.
MNC = multi national Corporation leh...
orchard got a few, raffles place got tonnes
why u said all in jurong?
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very buzy but compare to normal auditor .. internal auditor dont travel that much
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I think she meant JTC. But JTC is not just in Jurong, although it's named Jurong Town Corporation.Originally posted by Mospeada:MNC location jurong?
MNC = multi national Corporation leh...
orchard got a few, raffles place got tonnes
why u said all in jurong? -
JTC is not MNC lahOriginally posted by ndmmxiaomayi:I think she meant JTC. But JTC is not just in Jurong, although it's named Jurong Town Corporation. -
I know, maybe she mixed it up or something.Originally posted by Mospeada:JTC is not MNC lah -
Internal audit? i think the more lively ones are the external auditors.Originally posted by sheri:Ya...I think people in audit are more lively. Compared to the aunties I see now around me / even those around my age. Its like half dead zombies.
Plenty of clubbing!!! -
if you like to travel, be a regional internal auditor. travel really regularly.Originally posted by meltz:very buzy but compare to normal auditor .. internal auditor dont travel that much
But imo, the work sucks. -
Both jobs can be boring if you donÂ’t really have an interest in the subject.Originally posted by sheri:Anyone is in internal auditing? Wonder what is the job scope like and generally are the colleagues fun loving / super boring type. Am now workings in accounts and find the job unsatisfying
Internal auditors look at the control procedures in the company and reflect to the management internal controls that need to be improved.
Control checks are performed based on guidelines. Internal auditors inspect the procedures within the boundaries of the guidelines and work can be quite routine after some time.
If you prefer to have an overall view of how a company / business operates rather than get stuck in the meticulous daily accounting work, choose internal audit.
If you prefer to be where the action is, being an accountant is a more suitable profession.
Your boss will ask you anything to do with financing. From his negotiations with the bank, tax issues, financial implications of certain clauses in business contracts to dealing with suppliers, customers, government authorities and auditors.
You have to be “on the ball” all the time and be an all-rounder.
Speaking from my personal observations,
To be a good internal auditor, your technical knowledge must be updated all the time.
To be a good accountant, you can actually afford to slack a little in your technical knowledge if you are good at interacting with people.
Relationship management is essential in the accounting profession.
Hope that helps.