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Learning financial crisis lessons 'key to filling auditor graduate vacancies'

Published: Tuesday, 02 November 2010   Category: Banking and Finance

Britons looking for graduate jobs in the auditing sector must ensure they have heeded the lessons of the financial crisis, it has been suggested.

Michael Izza, chief executive of ICAEW, welcomed the publication of a European Commission green paper on the industry in a recent post on the company's website.

He also noted that auditors should be providing assurances that an organisation's results are "true and fair" - an attitude which would serve graduates well as they look for opportunities.

"Auditors play a key role in providing independent assurance to investors, instilling trust and transparency in financial markets," he wrote.

"They are a fundamental ingredient in financial market stability. And like all other market participants, auditors must - as I've said before - learn the lessons from the crisis."

Mr Izzo's comments come after Ernst & Young, which is one of the 'Big Four' auditing firms, revealed that it is experiencing record demand for its 2011 graduate scheme.

The company told HR Magazine that it has already received more than 4,500 applications for the 700 places available in next year's intake.

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