Expedition Economy: Internship Day at Rödl & Partner
Expedition report by Johannes Albrecht
Johannes Albrecht eagerly anticipates what awaits him today. Through the junior initiative “Expedition Economy” by the IDW, he applied for a trial internship at Rödl & Partner and now finds himself in the Hamburg branch, seated with Tim Schöne from Rödl & Partner. During a personal conversation, he received all the information necessary for today’s examination at our client from the cultural sector. Prior to this, he took a tour of the branch, during which Tim Schöne provided him with a detailed insight into Rödl & Partner’s digital examination world.
Johannes Albrecht is not the first to gain professional experience in auditing at Rödl & Partner during a day internship through the “Expedition Economy” program. Nine day expeditions have already been conducted at a total of six Rödl & Partner locations. For Rödl & Partner, the IDW initiative represents an excellent opportunity to present itself as an open-minded hub for entrepreneurial individuals and to inspire new talents to join the company. Several long-term contacts and internships have already stemmed from past day expeditions.
Johannes Albrecht has now taken his first steps in auditing. Under the guidance of our colleague Katharina Todzy, he has engaged in reconciliation activities in the area of fixed assets, allowing him to apply his theoretical knowledge from his studies directly in practice. Johannes Albrecht also spent his lunch break with the specialist team, experiencing the team spirit of our Hamburg auditing team. At the end of the trial day, Tim Schöne conducted a closing conversation with the student, outlining the next steps in the examination process and motivating Johannes Albrecht to consider pursuing a career as an auditor.
We are delighted that Mr. Albrecht gained valuable insights into the company and auditing and perhaps we will have the pleasure of welcoming him back to Rödl & Partner for a longer internship in the future.
It is a fantastic opportunity to gain a brief insight into the professional world. It was great that the colleagues at Rödl & Partner took the time to do this.
Participant Expedition Economy
Expedition report by Loubna Ait Boueljihad
Which specialization should I choose? Is auditing an appealing field for me, and what exactly does an auditor do? These questions have been on my mind as I navigate through my studies, especially when selecting a specialization and seeking suitable internship opportunities. Under these circumstances, the IDW initiative came at the perfect time, offering me a glimpse into the world of auditing and facilitating the decision-making process. After selecting Rödl & Partner as my preferred company, submitting my application, and engaging in two phone conversations, everything is set for the trial day.
The day commences with a tour of Rödl & Partner’s offices, where everyone introduces themselves and provides me with fundamental information about the company. Subsequently, the responsible auditor accompanies me as we head to one of his clients. To prepare for the upcoming inventory count, I receive informative materials outlining the processes within the client’s warehouses in detail. Upon arriving at the client’s premises, a brief briefing is conducted regarding minor process changes since the previous year. We then proceed to verify whether the described processes are being adhered to and whether the inventory levels in the warehouse align with the entries in the system.
Equipped with a clipboard, pen, a computer-generated list of randomly selected storage locations, and assistance from employees with pallet jacks and forklifts, we commence the inventory count. Together with two contacts from the company, we manually count and record the goods on the storage locations, comparing them with the entries in the system. Simultaneously, we also inspect the condition of the goods, checking for any damage or expiry dates, and ensuring that the described processes (such as the 4-eye principle during inventory or markings on boxes) are being followed within the company.
After documenting the inventory from the list and additional randomly selected storage locations and comparing them with the system entries, we manually recount the few notable storage locations. This time, the recount is also conducted by a warehouse employee, confirming the accuracy of the entries. Everything is in order. With the successful completion of the assignment at the client’s site, I have the opportunity to engage my contact person in discussions about the profession, the ideal skillset, specialization selection, and various other topics.
Returning with a wealth of insights and information, which will undoubtedly shape my future career path, I wholeheartedly encourage everyone to seize the opportunity to embark on an expedition into the world of economy.
Participant Expedition Economy