Ernst & Young IT Risk Assurance - Travel?

Hi, I'm going to be working for Ernst & Young after I graduate this upcoming summer, and I was wondering, is there a lot of travel within this service line? They told me that their ITRA is under their advisory service line, yet I hear everyone saying its internal audit, so I'm sort of confused. Anyone have any background experience with this position or know anything about it? Please let me know. Also, do the interns travel..?

 

Depends on how large of a city and market, but generally you will be travelling. Interns may or may not, it really depends. Based on my understanding, the other Big 4 split their IT audit/advisory groups from Internal Audit/Risk advisory/Risk Assurance. However, EY combines them for the most part (some small assurance>internal controls segments) into "ITRA" so you will be doing IT reviews, testing internal controls and IT controls. If you still aren't sure about IT testing, look at CISA exam review manuals for the material you will be doing and see if it is interesting to your or not.

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EY's ITRA has a big role in helping out the audit teams with testing the systems for "General Info Tech Controls" or GITCs which are primarily access (are system modules password protected) and also segregation of duties. They are also helping with doing walkthroughs and even controls testing. This may be specific to my area, but it is in response to the PCAOB grilling the audit inspections in areas related to audit support we use which comes from the client computer systems.

The core of the job is general IT auditing. I would say travel would really be dependent on the clients in the area, but I wouldn't expect extensive travel in large market. They travel usually slightly more than audit, so benchmark them against the travel for the auditors in the office.

As far as intern travel, I wouldn't imagine they would send out out, outside of the national training.

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