What is the most interesting and the most challenging part of working in Assurance?
Monica N. asked a question to EY
Category: Role challenge
Date asked: Thursday, November 26, 2020
Last reviewed: Thursday, November 26, 2020
Issy G.
Assurance Graduate
Hi Monica! For me the most interesting part is getting to see work with of different companies and seeing (from an inside perspective) how they work and operate! We get to talk to lots of Senior Finance directors at FTSE companies which is very interesting in my opinion. The most challenging part for me would be some of the longer hours from January - March after lots of financial year ends. However, you are always working in a team which is really nice and working together makes it not seem as daunting!
Thursday, November 26, 2020
Monica N.
Hi Issy! Thank you for your answer. I also wanted to ask, what made you choose assurance?
Thursday, November 26, 2020
Monica N.
And can you explain the difference between UK&I and FSO as well as how to decide which one to choose? Thanks!
Thursday, November 26, 2020
Issy G.
Assurance Graduate
Hi Monica! I studied Economics at university so knew I wanted to have a financial career and liked the idea of being able to work with lots of different companies on their financial statements, which underpin a lot of companies and their share prices!
Thursday, November 26, 2020
Issy G.
Assurance Graduate
FSO focuses on Banking & Capital Markets, Insurance and Wealth Management. UK&I splits into various other sectors (Energy, Oil, Technology) so depends what sort of clients you would like to work on!
Thursday, November 26, 2020
Kayleigh G.
Thank you Issy, this has helped me a lot too on deciding which area to apply for
Thursday, November 26, 2020
Monica N.
Thank you! Very useful answers :)
Thursday, November 26, 2020
Monica N.
What responsibilities do you have in your day to day? How much individual or collaborative work do you usually have?
Thursday, November 26, 2020
Monica N.
Also, do you know where I can find which clients EY Assurance FSO works for? Thank you!
Thursday, November 26, 2020
Issy G.
Assurance Graduate
No worries!
Thursday, November 26, 2020
Issy G.
Assurance Graduate
I would say day-to-day varies a lot which is nice! It depends on what clients you have but in your first year you will often be responsible for lots of the cash, expenses, overall audit procedures and financial statement checks! I would say the seniors give you a lot of responsibility straight off (I was speaking to clients by Day 2 of my job!). You have lots of individual tasks to complete but the team ultimately work together to complete the whole audit!
Thursday, November 26, 2020
Issy G.
Assurance Graduate
I'm not sure there's an ultimate list of every client list in EY FSO but we do a lot of the big banks and wealth managers and insurance companies!
Thursday, November 26, 2020
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