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My
Faculty Internship
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What
I did
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As
a Faculty Intern, I worked as "audit
staff" on three audit engagements and assisted managers and partners
with audit committee presentations and proposals. This permitted me a
front row seat of many aspect of the Sarbanes Oxley Act of 2002. Yikes!
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Why
I did it
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Having
only experienced "paper audits" in the early 1980s, my ability
to describe a modern digital audit was limited, hampering my student counseling
and teaching. Rather that reading about paperless audits, I
lived digital audit life with all its trimmings, trials and
triumphs.
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The
best part
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All
the client documents and reports were scanned
in and could be searched, summarized and studied analytically.
What a big difference from the old days of "footing" the general
ledger with a ten-key all afternoon! Imagine being able to search a paper
document for amounts over a threshold, related party names or take a systematic
sample from it!
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The
worst part
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Having
to say good-bye to my new audit friends -- there is nothing quite like
the bonding of eight folks shoehorned
into a six-seat conference room with a deadline!
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The
surprises
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Walking into the conference room on Day 1 and seeing former students who will be classmates with me! That is a treat that will be hard to replace! The partner who interviewed me is now an adjunct instructor at GSU! He kidded me during the initial interview about wanting to do an internship at GSU in exchange for my faculty internship....both our dreams came true! |