Audit and Assurance Professional

Name: Lisa Thompson

Age: 34

Education: Bachelor's degree in Accounting, Certified Public Accountant (CPA), and Certified Internal Auditor (CIA) credentials.

Professional Background:

8 years of experience in auditing and assurance, with a focus on the retail industry.
Previous roles include External Auditor at a big four accounting firm and Internal Auditor in a retail corporation.
Extensive experience in financial auditing, internal controls, and compliance assessments.

Industry: Retail

Responsibilities:

Conducting internal and external audits to ensure compliance with financial regulations and internal policies.
Evaluating the effectiveness of internal controls and risk management processes.
Preparing audit reports and presenting findings to management and stakeholders.
Advising on improvements in compliance practices and risk mitigation.
Staying updated on changes in accounting standards and compliance regulations.

Goals:

To provide thorough and accurate assurance on the company’s compliance with financial and operational standards.
To enhance the company’s internal control systems and risk management strategies.

Challenges:

Adapting auditing practices to a rapidly changing retail environment, including e-commerce.
Balancing thoroughness with efficiency in the auditing process.
Keeping up-to-date with evolving accounting standards and compliance regulations.

Motivations:

A commitment to upholding financial integrity and transparency in the retail sector.
A passion for identifying and addressing potential areas of improvement in financial and operational processes.

Tech-Savviness:

Proficient in auditing software and tools like ACL, IDEA, or SAP Audit Management.
Familiar with ERP systems and data analysis tools for comprehensive audits.

Behavioral Traits:

Highly detail-oriented with a critical and analytical approach.
Strong communication skills for effectively presenting findings and recommendations.
Ethical and objective in evaluating and reporting on compliance and financial matters.

Quote: "In auditing, every detail tells a story about the financial health and integrity of a business."