Kreston Reeves - Audit Flashcards
How do you align with our purpose
- good fit for audit, which encourages transparency, discourages fraud, guides firms to brighter future in that it helps them be financially sustainable in LR.
- enjoy helping others - key aspect of guiding firms - desire to understand their particular problems.
State Kreston Reeves’ purpose
Guiding our clients, colleagues and communities to a brighter future
State Kreston Reeves’ values
- understand
- look ahead
- make it personal
- be crystal clear
- be human
Explain Kreston Reeves value of ‘understand’. Why do you align?
- Curiosity (ask, listen)
- Empathy
S: tamago target market
T: decided to explore
A: talked to lecturers, foreign students, put myself in their shoes, & online research.
R: problems long-term so bad idea, useful for business planning
Explain Kreston Reeves’ value of ‘look ahead’. Why do you align?
- Anticipation & embracing change
- restaurant changing & anticipating needs but also long-term client-base e.g. dependence on students and health of UKC (ig menu).
- S: Menu often changing at restaurant
T: Avoid changes causing delays and bad customer experience (e.g. inability to answer Qs)
A: Commit dishes to memory during quiet periods or at home using notes/flashcards.
R: Customer experience is not affected.
L: Do the same for audit, commit regulatory changes to memory.
Explain Kreston Reeves’ value of ‘make it personal’. Why do you align?
- Adaptability to client’s needs.
- restaurant, strange requests, “no…but”
S: Phil Soc event-planner.
T: Looked to pick events that would keep people coming.
A: Got to know everyone in society, asked them about their preferred interests / types of events. Gave me useful data (variety, activity based, topics, trips), which I implemented.
R: Attendance didn’t drop, most successful Phil Soc in years.
Explain Kreston Reeves’ value of ‘be crystal clear’. Why do you align?
- Clarity and precision in feedback to clients
- Study analytic philosophy, emphasis on this.
- lots of public phil assignments
S: presentation on theories of justification (technical).
T: make presentation clearer / more accessible.
A: narrowed focus, avoided jargon (e.g. formal logic), broke complex points into multiple slides, included geometric depictions & other pictures, encouraged questions throughout.
R: Lecturer loved it, asked to use some of slides, other students more engaged in rest of seminar.
Explain Kreston Reeves’ value of ‘be human’. Why do you align?
- relationship building
- positive ‘can do’ attitude.
- S: often get return customers.
- T: build relationship to make them feel appreciated.
- A: remember their names, usual orders, interests.
- R: more likely to become regulars.
- L: helpful in audit, client-facing, friendly attitude helps get client support and key info.
Why do you want to work for us?
- expertise in NFP sector
- basis in Southeast
- purpose of helping communities? (B Corp, KR foundation)
Explain B corp certification (3 parts)
- Performance: high social and environmental performance e.g. supply chain, charitable giving.
- Accountability: Make a legal commitment by changing their corporate governance structure to be accountable to all stakeholders, not just shareholders
- Transparency: Exhibit transparency by allowing information about their performance measured against B Lab’s standards
Do you have any questions?
- dyk if there are there any particular private sectors that the canterbury audit team specialises in?
- if I get into the next stage, what is the ‘pre-AC invite’? (sorry I forgot to ask Sasha & Jack that at the careers fair).
- what mentoring opportunities do you have? how do they work?
Why did you apply for work experience as well as grad scheme?
- want to learn as much about audit as I can as soon as possible.
- interviews are a relative weakness of mine, thought I would make a stronger impression in work experience.
What is the acronym for remembering B Corp certification aspects?
PAT
Why do you value integrity? Tell me about a time you have demonstrated integrity.
- Other than naturally having a strong disinclination for lying, a big motivator for me is helping others, which you can’t do if you’re dishonest with them.
- Honesty in philosophy assignments. A: explicitly highlight problems and look for solutions. R: high grades.
- L: take a similar approach in audit (look for solutions to poor control)
Who did you meet at Kent careers fair?
Sasha & Jack
