2015 Summer Audit InternshipBookmark This
Mitchell & Titus
1 Battery Park Plaza
New York, NY
DescriptionFounded in 1974, Mitchell & Titus is a midsize certified public accounting firm with its headquarters in New York City and offices in Baltimore, Philadelphia, Washington, D.C., Newark and Chicago. The company provides assurance, tax, and advisory services to clients ranging from entrepreneurial firms to the Fortune 1000 across many industries including: Financial Services, Government and Public Sector, Not-for-Profit Organizations, Real Estate, Consumer Products, Pharmaceutical and Venture Capital.
Mitchell & Titus has achieved consistent and steady growth to become the largest minority-owned CPA firm in the US. Mitchell & Titus is a member firm of Ernst & Young Global Limited, an organization consisting of separate member firms in 150 countries, including Ernst & Young LLP (EY) in the US. As a member firm, we use the same technology, learning and knowledge tools as any other member firm in the network.
A core practice of the firm is its focus on the not-for-profit industry. This includes recruiting and providing core training opportunities to deepen the skillset of our people in this sector. In the Northeast, EY recognizes Mitchell & Titus’ Not-for-Profit Market Group as the “hub” of the firm’s focus on serving not-for-profit organizations. Our Not-for-Profit Market team includes highly experienced not-for-profit auditors, advisors and exempt organization tax professionals who focus on the sector. Many of our professionals serve not-for-profit standard-setters, including the American Institute for Certified Public Accountants’ (AICPA) Not-for-Profit Expert Panel. Mitchell & Titus is aleader in the accounting profession, serving many of the nation’s leading not-for-profit organizations.
Interns will have the opportunity to gain an understanding of the business by working on various stages of audits, which may include fieldwork in the areas of compliance testing, cash transactions, accounts receivable, inventories, fixed assets, accounts payable and accruals. Typical responsibilities may include:
Participating in audits and review engagements;
Assisting in the preparation of financial statements and applying areas of GAAP (Generally Accepted Accounting Principles);
Maintaining relationships and speaking with key client personnel to obtain an understanding of business operations, processes, and functions;
Communicating with the clients' customers, creditors, banks and related parties concerning audit issues;
Preparing work papers and supporting data related to audit findings;
Examining and verifying accounting, records and reporting techniques; confirming existence of assets and liabilities;
Evaluating procedures used in the internal and operating control systems; determining extent of compliance with corporate policies and the effectiveness of such policies in specific circumstances;
Analyzing findings; formulating opinions, developing recommendations; discussing opinions and recommendations with supervisor;
Making practical business suggestions for operating economies or improved controls as occasions arise during an audit;
Assisting with the preparation of presentations to firm management;
Participating in special projects such as database controls and audit manual updates.
Must be strong in Intermediate Accounting
Efficient in MS Office Suite specifically Excel (e.g., V-Lookups, Pivot Tables)
Detail-oriented and capable of multi-tasking
Strong written and verbal communications
3.2 GPA preferred and 150 Credit hours upon graduation
Graduation date of May or August of 2016
A valid driver’s license is required