[Anonymous]

Hello Everyone,

I am accepting an offer to do an audit internship with Grant Thornton next summer. Can someone that has done an internship with GT fill me in on what to expect (training, length of the internship, hours worked, social events, audit experience, etc..)?

Thank you in advance!!!

[surfer4life949]

You will get some in-house training on audit procedures, and also on the HORIZON audit methodology for their engagements.

Depending on what they put you on/what market you are in, you will either be doing a small amount of work on a decent variety of clients or they will stick you on a year-end and have you help out there. I was on the latter, and was on the same client for 7 weeks out of the internship. The client had a 6/30 Year End and it was a public company. I audited the cash accounts, as well as helped out on other accounts like Inventory, Prepaid Expenses, etc. so I got good exposure to what auditing is about. Of course, this was in between the lunch runs and copying that every intern does :-p

They usually have social events every friday which are fun, you get to meet other people within the firm and get close to your current internship class.

Most internships in public accounting last for 8 weeks, but I was able to get mine extended for 10 weeks (depends on the circumstances).

They won't keep you over 8 hours. Sine you are not salaried, they don't want to pay overtime to the hourly workers. I was kicked out after 8 hours every day to make sure I wasn't charging overtime. Some Big4 internships will have you work overtime regardless, but from what I saw at GT they won't make you do that.

Hope this all helps!

B-85 OCT 2012
A-84 NOV 2012
R-90 JAN 2013
F-89 AUG 2012
Ethics-92 (3rd try)

I am DONE BABY!!!
Used Roger 2012 + Wiley + NINJA Notes

[surfer4life949]

You will get some in-house training on audit procedures, and also on the HORIZON audit methodology for their engagements.

Depending on what they put you on/what market you are in, you will either be doing a small amount of work on a decent variety of clients or they will stick you on a year-end and have you help out there. I was on the latter, and was on the same client for 7 weeks out of the internship. The client had a 6/30 Year End and it was a public company. I audited the cash accounts, as well as helped out on other accounts like Inventory, Prepaid Expenses, etc. so I got good exposure to what auditing is about. Of course, this was in between the lunch runs and copying that every intern does :-p

They usually have social events every friday which are fun, you get to meet other people within the firm and get close to your current internship class.

Most internships in public accounting last for 8 weeks, but I was able to get mine extended for 10 weeks (depends on the circumstances).

They won't keep you over 8 hours. Sine you are not salaried, they don't want to pay overtime to the hourly workers. I was kicked out after 8 hours every day to make sure I wasn't charging overtime. Some Big4 internships will have you work overtime regardless, but from what I saw at GT they won't make you do that.

Hope this all helps!

B-85 OCT 2012
A-84 NOV 2012
R-90 JAN 2013
F-89 AUG 2012
Ethics-92 (3rd try)

I am DONE BABY!!!
Used Roger 2012 + Wiley + NINJA Notes

[Anonymous]

@surfer4life949 That definitely helps. I appreciate it! How did you go about getting the internship extended? Did you travel a lot? Also, did you end up receiving a full time offer? Sorry for all of the questions!

[Anonymous]

@surfer4life949 That definitely helps. I appreciate it! How did you go about getting the internship extended? Did you travel a lot? Also, did you end up receiving a full time offer? Sorry for all of the questions!

[surfer4life949]

Ask the recruiter if extending the internship is possible. In my case, there was still work to be done on the client (and they knew that going in since it was a 6/30 YE) so they were able to extend it two weeks.

I did not travel a lot, as far as distance is concerned. You will travel to your client site pretty much every day except for days that you're unassigned or days that you have a social.

And yes I did end up getting a full time offer. Most of the time if you produce good work, are an amiable person, and not socially awkward, then you are usually in the clear for getting a full time offer. The same goes for any internship with any accounting firm.

B-85 OCT 2012
A-84 NOV 2012
R-90 JAN 2013
F-89 AUG 2012
Ethics-92 (3rd try)

I am DONE BABY!!!
Used Roger 2012 + Wiley + NINJA Notes

[surfer4life949]

Ask the recruiter if extending the internship is possible. In my case, there was still work to be done on the client (and they knew that going in since it was a 6/30 YE) so they were able to extend it two weeks.

I did not travel a lot, as far as distance is concerned. You will travel to your client site pretty much every day except for days that you're unassigned or days that you have a social.

And yes I did end up getting a full time offer. Most of the time if you produce good work, are an amiable person, and not socially awkward, then you are usually in the clear for getting a full time offer. The same goes for any internship with any accounting firm.

B-85 OCT 2012
A-84 NOV 2012
R-90 JAN 2013
F-89 AUG 2012
Ethics-92 (3rd try)

I am DONE BABY!!!
Used Roger 2012 + Wiley + NINJA Notes

[UCMCPA]

I did ZERO coffee/lunch runs or copying as an intern. One thing I loved about my group. Note: Wasn't at GT though.

FAR - 84
AUD - 94
REG - 86
BEC - 86

[UCMCPA]

I did ZERO coffee/lunch runs or copying as an intern. One thing I loved about my group. Note: Wasn't at GT though.

FAR - 84
AUD - 94
REG - 86
BEC - 86

[Anonymous]

@surfer4life949 Thank you for answering my questions! I'm looking forward to it. It was pretty competitive to get the internship but not nearly as competitive to get a full time position. They were looking for 1 audit intern and 5 audit associates, so hopefully my chances of getting the full time offer are good. What industry was the client in?

@UCMCPA Awesome! From what i'm hearing, it sounds like it just depends on what office you intern at for GT. I have a friend who previously interned and he was saying that he did a ton of traveling and didn't even know how to use the copier by the end.

[Anonymous]

@surfer4life949 Thank you for answering my questions! I'm looking forward to it. It was pretty competitive to get the internship but not nearly as competitive to get a full time position. They were looking for 1 audit intern and 5 audit associates, so hopefully my chances of getting the full time offer are good. What industry was the client in?

@UCMCPA Awesome! From what i'm hearing, it sounds like it just depends on what office you intern at for GT. I have a friend who previously interned and he was saying that he did a ton of traveling and didn't even know how to use the copier by the end.

[Author]

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