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Winter 2025 Audit Internship

1 month ago

Chicago, United States Topel Forman Full time
Job DescriptionJob Description

Listed as one of Inside Public Accounting's Best of The Best Firms for the third time in four years, Topel Forman is a leading certified public accounting firm. As a leading firm, Topel Forman has been serving a range of individuals and professionals, to family-owned businesses and corporations for over sixty years, providing accounting, tax, attestation, family office, and advisory services. Here you will find the highest level of talent and expertise, along with leadership that cares. Our inclusive culture provides accessibility to professional growth and collaboration that offers a dynamic and engaging work experience. We are dedicated to offering world-class service to our clients and a top-level professional experience to our employees. We offer a robust benefits package, including well-rounded fringe benefits, and a flexible work environment. A 2023 winner of Top Workplaces, we live by our values of flexibility, integrity, respect, and excellence.

Under the supervision of seniors, managers, and partners our Winter 2025 Audit Interns will learn how to prepare audit work papers, audit programs, and financial statements in accordance with Generally Accepted Accounting Principles. Our audit interns learn how to utilize various audit softwares (i.e., Advance Flow, Go system, Go Fileroom, Checkpoint RS, etc.).

Why Work at TF?

You're not just another face in the crowd. The Partners and Managers know your name and care about you as a person. Starting with your first day you will be paired with a buddy, an audit associate who went through our program, who is your go-to person to help you navigate the firm throughout your entire internship. You are given continuous real-time feedback to ensure a successful internship experience.

Each intern has the same experience as a first-year associate, working on projects that are made up of real compliance work that directly benefits our clients and our firm.

Any intern that joins the firm full-time after their internship will have the opportunity to gain experience in a variety of areas. From here, you can navigate you personal career path based on your own interests. Start your career at Topel Forman today

Time Commitment

Our winter internship is a full-time internship during our April tax season beginning in January and concluding in Mid- April. Our winter internship is a full-time paid internship. There could be additional overtime through the course of your internship depending on workflow. We recommend no more than 1 or 2 classes during your internship to ensure both your success in the internship and your schoolwork does not suffer.

Remote Work Internet Policy

Internet requirements for working remotely: We require an internet plan with the following minimum upload and download speeds for best connection: 200+ Mbps download and 20+ Mbps upload. Home Wi-Fi should be password protected.

Essential Functions of the Internship

  • Responsibility for auditing select areas of a client balance sheet and income statement
  • Preparation of client assistance requests, and appropriate follow-up and evaluation
  • Assist with or prepare financial statements and other related reports
  • Apply the pronouncements of the Financial Accounting Standards Board and the AICPA
  • Meet client deadlines for preparation of reports
  • Understand and utilize TF's audit methodology
  • Regular client site travel

General

  • Identify and communicate tax and accounting issues to senior associates, managers, and partners
  • Demonstrating flexibility in prioritizing and completing tasks
  • Proactively seeking guidance, clarification, and feedback
  • Learn about the firm – get to know partners/managers, services provided, specialties of individuals, key clients, and industries served
  • Build communication skills: practice business writing (clear memos, letters, and emails), working with clients, and feeling comfortable in business situations.

Required Education and Experience

Energetic, team-oriented applicants should be an Accounting major proficient in Microsoft Office applications. Attention to detail, the ability to multi-task and communicate effectively are all essential to this position.

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