You are viewing a preview of this job. Log in or register to view more details about this job.

Audit Intern – Broker-Dealer & Surprise Examinations

DSWD Advisory Group
Email

Audit Intern – Broker-Dealer & Surprise Examinations (Q1 2027)

Title Audit Intern Firm DSWD Advisory Term Q1 2027 (January – March 2027) 

  • Hours 25–40 hours per week 
  • Practice area Broker-dealer audits and investment adviser surprise examinations 
  • Location Frankfort, IL 
  • Reports to Audit Partner 
  • Compensation $28 per hour 

About the role 

DSWD Advisory is seeking an Audit Intern to join our assurance team during the Q1 2027 busy season. Our practice focuses on financial statement audits of SEC-registered broker-dealers and surprise examinations of investment advisers that have custody of client assets. You will work directly with engagement teams on live client work, from planning through fieldwork and documentation. Q1 is our busiest period, as many broker-dealer annual audits and filings come due, so you will see a full engagement cycle in a short time. 

Key responsibilities Broker-dealer audits 

  • Assist with audits of broker-dealer financial statements performed under PCAOB auditing standards 
  • Perform testing over cash, receivables, securities owned, payables and revenue, including commissions and fee income 
  • Help test supplemental schedules, including the net capital computation under SEC Rule 15c3-1 and customer reserve or exemption matters under Rule 15c3-3 
  • Assist with procedures supporting the compliance report or exemption report examination/review under SEC Rule 17a-5 
  • Prepare and send confirmations for cash, securities and clearing-firm balances, and track responses Surprise examinations • Support surprise examinations of investment advisers under the SEC Custody Rule (Rule 206(4)-2) 
  • Reconcile client account holdings and balances to qualified custodian statements • Select samples, prepare and track client and custodian confirmations, and follow up on exceptions
  • Help prepare documentation supporting Form ADV-E filings General • Prepare clear, well-organized workpapers that meet firm and regulatory documentation standards • Request and organize client documents (PBC lists) and track open items • Communicate progress and issues promptly to seniors and managers
  • Take on other engagement and administrative tasks as assigned

Qualifications Required  

  • Currently pursuing a bachelor's or master's degree in accounting, or a related degree with accounting coursework 
  • Completed at least introductory and intermediate financial accounting; auditing coursework completed or in progress 
  • Available 25–40 hours per week for the full Q1 2027 term 
  • Strong proficiency in Microsoft Excel (lookups, pivot tables, reconciliations) 
  • High attention to detail and the ability to handle confidential information 
  • Clear written and verbal communication skills Preferred 
  • Intent to pursue CPA licensure