Monday, November 12, 2012

PwC Audit Simulation at the CIC


PwC Audit Simulation is one of the main events that has been hosted by the Canadian International College (CIC) on the 3rd and the 4th of November 2012, to expose the students to the real life audit experience.
The PwC Audit Simulation team helped prepare CICians to understand a lot of audit principles from the real-life practical and get ready for the job market upon their graduation .

The main topics that were covered during the simulation are:
·         Understanding the purpose of an audit.
·         Identifying the various stages of an audit.
·         Understanding the different financial statement assertions.
·         Understanding the different types of audit tests and procedures.
·         Understanding the concept of materiality.
·         Identifying the various kinds of audit reports.

The Simulation’s final competition was ended with an internship at PwC & “Khaled Sabahy” won this internship.
CIC congratulates Khaled for his self-motivation and his efforts in the simulation and encourage all students to participate in such job market preparation events.

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