AS
AUDIT SIMULATION
by First Resort Consulting
Professional audit simulations

Join an audit engagement team - before your first engagement.

Audit Simulation places you on a simulated engagement with an engagement ID, a client, a timetable and a reviewer. You complete professional workpapers, submit them for review, respond to review notes and complete your work - the way audit teams actually operate.

Engagement tracker · exampleFA-2026-0001
WP IDWorkpaperStatus
PA-01PA-01 Reference FileCompleted
PA-02Independence & Ethical ComplianceCompleted
PA-03Engagement Team & Resource AssessmentIn Review
PA-04Engagement Budget & Resource AllocationIn Progress
PA-05Engagement Terms & Engagement LetterNot Started
01

Professional audit training

Standards-referenced learning attached to each piece of engagement work.

02

Simulated engagement execution

Realistic workpapers on a simulated client, performed to firm-style templates.

03

Engagement management

Tracker, statuses, review notes and a submit-review-complete cycle.

04

Career readiness

Structured around a target job description and interview preparation.

Programme catalogue

Audit simulation programmes

Each programme is a complete simulated engagement. Financial Audit is open for enrolment; further programmes are in development.

The engagement lifecycle

Every simulation follows four engagement stages

The stages are common to all programmes. What happens inside each stage depends on the audit type - a financial statement audit and a SOX 404 engagement do not test in the same way.

The platform manages the engagement

Learning, instructions, workflow, status, submission, review, review notes, progress and module completion.

Google Workspace will hold the audit file

Workpapers, schedules, supporting documents and evidence - as they would sit in a firm's audit file. (Integration planned for a later phase.)

How a professional workpaper is built

You are taught the structure, shown a worked example, occasionally asked to build from scratch, and use professional templates for most engagement work.

ObjectiveRiskProcedureEvidenceTest StepsResultsExceptionsConclusionReviewer Sign-off
Career journey

From programme to placement readiness

The full candidate journey is shown below. Interview, CV review and assessment stages will be introduced in later releases.