Working in Accountancy & Insurance

This page tells you all about what the day-to-day reality of working in Accountancy & Insurance really involves. All the information is taken directly from Accountancy & Insurance graduate employee reviews

"A typical day will involve preparing a set of accounts, having them reviewed by a supervisor, clearing out review points, then having them reviewed by a partner/director. "
Business Services Assistant, Healthcare at Hazlewoods LLP
"Much of the work is based at client site, liaising directly with client staff such as the finance team, financial controller, FD, etc. Testing for instances involves gaining evidence concerning how certain financial statement captions have moved since earlier periods to attest their reasonableness, and make sure that the company is likely to continue trading without undue risk for at least the next 12 months. Additionally, we check transactions and events to supporting documentation such as invoices, contract agreements, etc. There are frequent meetings with members of the client team to provide additional evidence and thorough understanding of particular issues. We look at the drivers of financial information to ensure that the amounts in the accounts are stated correctly, and that relationships with stakeholders are disclosed appropriately. "
Associate, Audit at Deloitte
"Whether in the office or at a client, the working day usually involves producing working papers, usually in the form of spreadsheets, relating to data which is relevant to the client for whom I am working. This involves analysing a lot of numerical information and preparing it in a format which others will be familiar with."
Assistant, Corporate Services at Hazlewoods LLP
"I deal with the analysis of Sales & Margin, the two most important figures within any business. I work closely with the Finance Director and controller as well as Directors of various segments within the Philips Lighting business."
Commercial Finance Analyst, at Philips UK
"Research companies, produce reports, a lot of training, some client contact."
Associate, Tax, Glasgow at Deloitte
"When on audit, I work at client site testing their financial data by tracing system balances back to original documentation, for example. Time is also spent at college where I am training for the ACA qualification."
Associate, Entrepreneurial Business (Audit and Accounts Preparation) at Deloitte
"I am responsible for testing areas of the financial statements by communicating with the client and reviewing supporting evidence. I interact with both the client and the audit team on a daily basis."
Associate, Audit at Deloitte
"Look at invoices to gain assurance over the balance on the financial statements. This often involves talking to senior members of the client staff eg. MD, FD, FC."
Associate, Audit at Deloitte
"Submit claims for repayment of VAT from HMRC. Conversations with clients. Project discussions with team members."
Indirect Tax Advisor, VAT at Deloitte
"I interact predominantly with fellow Deloitte colleagues and client staff."
Financial Risk Associate, Treasury at Deloitte