The first week as a Tate & Tryon audit intern is nearly complete. My eyelids are heavy, feet are blistered, and the Metro (though over 30 years old) still can't figure out how to run properly. But on a positive note, my first week interning at T & T has been enlightening. From grueling training sessions to rooftop lunch sessions with my fellow interns. Within just a week, I already feel like I have accomplished so much. My relation to T & T began when my father met Charlie Tate and Michael Tryon during a function hosted at the Natural History Museum in D.C. My Dad mentioned me as an accounting major at Penn State and Charlie gave Kate's email address to him. I emailed Kate and she scheduled an interview with me. I was excited when I received the email informing me that I got the internship.
June 14th, finally the day had come to start interning at Tate & Tryon. I was excited to start something new, but also a bit nervous. The first day entailed orientation, paperwork, lunch with Kate and Erin, and setting up our laptops. The next couple days Erin, Leslie, and Jamie flooded our minds with information. Erin taught us how to use the servers, the intranet, and ePace. Leslie then trained us on how to plan audits using ePace. She showed us how to find different templates on PPC and went through the general procedures of audit planning. Jamie taught us the second half of audit planning. This included testing different types of accounts, referencing different work papers, and analytics. Learning about such complicated programs and procedures was overwhelming, but Erin, Leslie, and Jamie helped us out whenever we had questions. On Thursday afternoon, the interns went their separate ways and began work. I was given financial statements, a representation letter, and a management letter to rollover to the next year for a client. I ended up having to change the financial statements from a single year to comparative statements. Thankfully Jamie assisted me with the change because there are a lot of complicated and linked equations used. Not to mention the specific formating I had to try to replicate. Hopefully as the summer continues, I will become more efficient at a task like this.
Overall, I am very happy to be interning at Tate & Tryon. From the beginning T & T had a very friendly atmosphere. The other employees have made a point not just introduce themselves, but to speak to you. I have even spoken to Charlie Tate on a couple occasions. Working at a large firm wouldn't share the same benefit. Each day I meet a few more of the employees. For the past couple days I've been working next to Nick. He is easy to talk to and has been very helpful; even when I ask a question every 15 minutes. I look forward to continuing the summer, going out into the field for audits, challenging myself at difficult tasks, and learning much more than an accounting course could teach me. I also look forward to learning more about the T & T employees and my fellow interns (Mike, Tim, Cara, and, Claire).
Until next blog,
Chase Livengood
The Pennsylvania State University
Comments