Peer Real-World Interview Was So Amazing To Interview My C
Peer Real World Interviewit Was So Amazing To Interview My Classmates
Peer real world interview. It was so amazing to interview my classmates and share the ideas. As it was my first experience, it was a really good way to intergrade and develop my understanding of Advanced auditing class. My first interview was with Daniel Ramos. He is very educated and ambitious. He is working on his second master’s degree and works on a clothing project. He is a native of Colorado and also works for CTU as an online instructor.
His purpose for finishing his second master’s was to expand his horizons and discover more about accounting, and he is willing to become a forensic auditor. Auditing means a lot to him and educates him on proper internal controls. He stated that organizing the audit involves first, meeting the audit team. Second, conducting a risk assessment process and understanding the organizational structure. Third, forming the team and assigning responsibilities. Fourth, determining which audit strategy to use: substantive or reliance. Fifth, performing tests of controls using attribute sampling. Sixth, delivering the report, which relates to chapters 3 and 4 in the textbook.
When asked about obstacles he might face doing an audit in his job, he mentioned making Type I or Type II errors and the risk of being sued. He was asked if he could give a real example of an unusual audit, and he responded that he could not. Regarding the most interesting part of doing an audit, he said uncovering fraud. To handle uncooperative clients, he mentioned that he would resign if they are unfriendly and unhelpful.
My second interview was with Julie Welles. She is a mother and currently doing a work-study through CTU at USA Shooting as an assistant to the controller. She has one year of experience in accounting and is pursuing an MSc in accounting at CTU. Her motivation for earning her MSc is to become an auditor and CPA. She has never worked as an auditor, which might be an obstacle in learning about auditing. She admires the advanced auditing course and its textbook.
Her perspective on organizing an audit involves following her employer’s standards. She believes that learning more about the course will make her more knowledgeable. Her concerns about obstacles include management’s attitude toward being audited, which could lead to uncooperative behavior. She found it hard to give a real example of an audit since she has no prior audit background but is interested in uncovering fraud, like the Enron case. If clients are unhelpful, she would try to convince them of the necessity of the audit.
My last interview was with Tatyana Kim. She is originally from Uzbekistan, living in the capital. She recently graduated with a bachelor’s degree in accounting and has no work experience. She moved to the USA in November 2013 to pursue an MSc in accounting. Her parents encouraged her to pursue higher education and experience abroad because her country does not offer MSc programs. She aspires to be an accountant but feels that becoming an auditor might not be safe, based on her understanding. Through her coursework, she learned about the audit process and ethics. Her goal is to become an accountant.
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The interviews conducted with my classmates offered valuable insights into the diverse perspectives, experiences, and aspirations related to auditing, which greatly enhanced my understanding of the practical aspects of the subject. Each interviewee’s background and goals reflected their unique motivations and challenges associated with becoming proficient in auditing and accounting, emphasizing the importance of personal motivation, ethical considerations, and real-world application in this field.
Daniel Ramos’s interview provided a comprehensive overview of his approach to auditing, emphasizing the importance of planning, risk assessment, and internal controls. His desire to become a forensic auditor highlights the significance of specialized skills and the need for precise audit procedures. He explained that organizing an audit involves initial meetings to introduce the team, conducting thorough risk assessments, and understanding the organizational structure. He stressed the importance of the strategic choice between substantive testing and reliance testing, both core concepts learned in advanced auditing courses. Performing tests of controls through attribute sampling allows auditors to evaluate the effectiveness of internal controls, a key element in maintaining audit quality.
Daniel also discussed potential obstacles, such as the risk of Type I and Type II errors, which can lead to incorrect conclusions or legal repercussions. His mention of the risk of being sued underscores the legal responsibilities and the importance of meticulous documentation and adherence to auditing standards. When asked about unusual audits, he could not recall specific cases but expressed his interest in uncovering financial fraud—a task that requires diligence, skepticism, and critical thinking. His approach to handling uncooperative clients, to resign if necessary, reflects the professional integrity auditors must uphold, especially in situations where client relationships become strained or unhelpful.
The interview with Julie Welles highlighted the perspective of someone transitioning into auditing from a different role. Her motivation to become an auditor and CPA underscores the aspirational aspect of entering the field despite limited direct experience. Her insights into how she plans to organize audits—following employer standards—illustrate the importance of understanding organizational policies and standards early in one’s career. Her concerns about management’s attitude reflect real-world challenges auditors face regarding cooperation and openness from clients. Her lack of audit experience makes her reliance on theoretical knowledge from coursework, particularly around uncovering fraud, such as the Enron scandal, which remains a prime example of audit failures and the critical need for ethical vigilance.
Julie’s focus on reconstructing clients’ financial records and educating clients on the necessity of audits demonstrates her proactive mindset and understanding of the importance of communication skills in auditing. Her perspective indicates that while practical experience enhances competence, a solid theoretical foundation is vital in navigating real-world audit scenarios. Her acknowledgment of potential management resistance highlights ongoing issues in the auditing profession related to transparency and cooperation from clients.
The final interview with Tatyana Kim offered a different perspective rooted in motivation and cultural background. Her pursuit of an MSc in accounting in the USA signifies a desire for higher education and broader exposure, which she sees as opportunities for professional growth. Her concern that becoming an auditor might be unsafe reflects her perception of the profession’s risks, perhaps influenced by cultural narratives or personal insights. Her academic experiences have provided her with foundational knowledge in ethics and the audit process, aligning her career goal with becoming an accountant rather than specifically pursuing auditing.
Overall, these interviews reinforced that the pathway to becoming an auditor involves not only technical proficiency but also personal motivation, cultural considerations, and ethical integrity. The diversity of experiences among my classmates illustrates that individuals enter the field with varying backgrounds, ambitions, and concerns. These conversations have underscored the critical role of education, ongoing professional development, and ethical standards in preparing for a career in auditing. As future auditors, understanding these diverse perspectives prepares us to navigate the complex challenges and responsibilities inherent in the profession, ensuring ethical and effective practice in real-world settings.
References
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- American Institute of CPAs. (2020). AU-C Section 240: The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements. AICPA.
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