About the Company
Deloitte is one of the largest global professional services firms. The audit function focuses heavily on serving publicly traded clients and providing them with financial statement audits over quarterly (10-Q) and annual reports (10-K) as required by the Securities & Exchange Commission.
About the Role
As a staff and senior associate within the Las Vegas audit practice, the focus of these roles is on taking a deep-dive into the client's financial statement line items. For example, staff and senior audit members are responsbile for obtaining sufficient evidence that a client's revenue amounts are being fairly stated and are being recorded in accordance with FASB accounting requirements. The role requires a deep understanding of accounting concepts, a high level of detail, the ability to manage a variety of different projects, and professional communication with the client.
Role Responsbilities
Assume project management responsibilities in addition to individual work assignments. Provide oversight on individual testing areas to ensure that work is being performed in a timely manner and to identify and address challenges before they arise
Critically assessed client’s 5-year projections within the context of current US and UK economic and market conditions as part of testing the company’s goodwill balance. Discuss in detail with the client aspects of the projections that did not align with independently developed expectations
Designed revenue testing procedures for a new revenue balance comprised of multiple revenue streams with various performance obligations. Research relevant ASC 606 considerations to appropriately assess the reasonableness of individual transactions. Coordinate with client to obtain numerous supporting documents for over 70 revenue transactions spanning a two-year period in a timely fashion