Ivan Sofenko
During my internship I worked in the capacity of a Finance Development Program (FDP) in the Internal Audit Group at Rockwell Automation, Milwaukee, Wisconsin. I was a team member on internal audit engagements, performing SOX - 404 compliance audits at three of the company’s significant locations. I audited controls over fixed assets and performed the testing of journal entries at the Rotterdam, Netherlands facility, participated in inventory cycle counts at the Mequon, Wisconsin location, and tested key controls over shipping and receiving at the company’s Distribution Center in Champaign, Illinois. In addition, I assisted with the scoping of the upcoming audits at the Corporate Headquarters in Milwaukee.
I also identified deficiencies in design and operation of internal controls over financial reporting and reported audit findings to my supervisor. Significant findings were later presented to management to enable them to design an action plan for improvement of controls. I also conducted a follow-up on the deficiencies identified in various 2007 audits. In closing, this internship provided me with an opportunity to interact with managers of different departments, learn a lot about the company’s operations, and travel both domestically and internationally.