IEUK2021 WelcomePack-Audit

Audit, Tax & C
orporate Finance
Pre-experience reading pack
Welcome to
Internship Experience UK –
Audit, Tax & Corporate Finance
We launched Internship Experience UK last year in response to the employment challenges posed by the COVID-19 pandemic,
bringing together top employers and educational institutions with the student and graduate population to have a lasting
impact on their future careers.
I’m thrilled that you’ve decided to join us for our 2021 experience. There’s no doubt that these are still challenging times
for young people looking to enter the job market, and this will be an excellent opportunity for you to show your continued
proactivity and ambition.
The opportunities available to graduates in Audit, Tax and Corporate Finance are extensive, with many companies offering
to fund your training for professional qualifications alongside graduate programmes. We hope this three-day experience
will enable you to discover just how varied and rewarding a career in these sectors can be, as well as equipping you
with the industry knowledge to excel in future roles.
To help you prepare for the experiences, the Bright Network team has put together this pre-experience
reading pack. Here you will find lots of useful top tips and key details about each of the sectors, as well as
stories of Bright Network alumni who have gone on to secure internships and graduate roles with top
employers. They were in your shoes only a few years ago, so aim high!
Best of luck with the experience,
James Uffindell
CEO & Founder – Bright Network
Contents
Career Path Guides . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Career skills. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Success stories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Contact . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
2
Career Path Guides
What is Audit Accounting?
Every year, companies have to produce an annual report which
includes a statement of their accounts. Auditors are external
accountants who check that the report is accurate and the company’s
financial practices are up to standard. Their role can include:
Going into a company as part of a team and performing checks on all different aspects of its finances.
Asking for access to all areas of the business – they might ask for access to warehouses, physical receipts, accounting
spreadsheets, and seek expert valuations of the company’s machinery, buildings, products and other assets.
They check that everything they inspect matches up with the information in the financial report.
They write their own report giving their findings.
Learn more
What is Tax?
Tax accounting deals with an organisation’s tax liabilities – what tax they must pay and why.
It involves interpreting complex and continually changing tax legislation, as well as jumping
through all the necessary hoops for Her Majesty’s Revenue and Customs (HMRC).
A role in tax can include:
Tracking all the transactions that affect how much tax a company pays and calculate
how much tax is due.
Trying to find ways to reduce the tax paid, if possible within the legal tax framework.
Completing all the necessary forms for HMRC and ensuring that the correct
amount of tax is paid.
Learn more
Corporate Finance
Corporate Finance is all about helping corporations raise funding and take actions
to increase the shareholder value. It’s a hugely important area of expertise and
generates significant revenue in the City so it should be on every graduate’s
list for investigation.
We’ve put together the five things you need to know about this area of the
financial sector to help get you started.
Learn more
3 #BrightInternUK
Career skills
Understanding City Firms
Looking to work in the city? It’s essential to understand how firms are
set up and how you will fit into their organisation. Chris makes the
complex stuff simple in this guide to city terminology, fee-earners,
selling products, collaboration across the city and much more.
Take the module
Your guide to Financial Markets How to perfect your LinkedIn profile

It’s no surprise that understanding financial markets is a key skill for Networking expert, Kelly Hoey, takes you through why LinkedIn
those looking to work in audit, tax and corporate finance. Many of the is important and how to perfect your LinkedIn profile so you
firms you’re applying to will be directly involved in the markets, and can use it to connect with others in your chosen field of work.
many others will provide financial services to these firms. Hear again
from Chris as he demystifies the world of financial markets to give you Take the module
the understanding you need to impress in interviews and the workplace.
Take the module
How to network effectively

How to develop your commercial awareness Bright Network’s research shows that networking is the skill
students most want to improve. To get your networking game
Bright Network’s Marketing Director, Ben Triggs and commercial
up to speed, careers author Jake Schogger gives his top tips
awareness guru Chris Stoakes discuss some of the key business
and tells you how it can directly impact your career.
trends of our time. Made for students and recent graduates,
Thinking Commercially keeps things simple and helps develop
your understanding of the business world. Take the module
Listen to the podcast – Spotify
Listen to the podcast – Apple
Listen to the podcast – Google
4 #BrightInternUK
Success stories
One of our most useful resources for members is our success stories page, where we
share interviews with Bright Network alumni who have secured roles with top employers.
Discover how they impressed hiring managers, get the inside scoop on the interview
process and read their key advice for students looking to follow in their footsteps.
Stephanie
Tax, PwC (Graduate)
“Bright Network helped me during the application process as I could find
information on when the application deadline was, what was needed of
me during the process and what PwC looked for in their applicants.”
Read more here Moesha

Audit Trainee, BDO (Graduate)
“I found the role advertised through Bright Network. I used
the tools on the website to prepare for each stage. I found the
numerical cheat sheet very helpful to prepare for the psychometric
tests, a section that I was struggling to pass in other applications.”
Read more here

Marcantonio
Tax, EY (Graduate)
“The commercial awareness updates were very useful and reading them definitely
benefit you in the run-up to interviews. The tips they provide on how to perfect your
CV, cover letter and interview technique was very helpful as well – perfecting these
small things give you peace of mind in the application process and will ultimately be
the difference between a successful application and a rejection.”
Read more here

All success stories
5 #BrightInternUK
We look forward to
seeing you there.
@BrightNetwork @BrightNetwork @BrightNetwork @brightnetwork.co.uk
If you have any questions,

contact us at:
hello@brightnetwork.co.uk
#BrightInternUK

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Audit, Tax & C

Best of luck with the experience,

Take the module

Your guide to Financial Markets How to perfect your LinkedIn profile

Take the module

How to network effectively

Listen to the podcast – Spotify

Listen to the podcast – Apple

Listen to the podcast – Google

Read more here Moesha

Read more here

Read more here

If you have any questions,

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