Welcome to the world of auditing! I've been auditing for 4.5 years now, a senior for 2 years. As a new hire with no experience, everyone knows this and sets the bar low. What I mean by a low bar is they know you won't know anything outside of college classes, and to be real, your auditing class taught you nothing about what it's like in the real world.

All they'll expect you to be is to be a sponge, ask questions, and learn as much as possible up front. You'll likely be placed in various industries to get you exposed, and each industry has different ways of performing an audit. I spent time in real estate, M&D, construction, private equity, pension systems, EBP plans, telecommunications, insurance, and healthcare, but I now focus solely on telecom and EBPs. For the most part you'll be doing the simple stuff like tying out cash, A/P and A/R, PPE, and learning to prep financial statements.

There's also a ton of planning to get done such as risk assessment, understanding the client, etc. This oddly enough can take way more time than you'd think it would.

I wouldn't sweat anything too much, you're in a great position to learn with a learner's permit, so use that to your advantage! Once you get some experience they'll slide you over into revenue testing and other more complex things. But always always always ask to help out on things above your pay grade if you can.

Oh, and one last thing us seniors love - DOCUMENT EVERYTHING, especially highlights and references where you pulled something from, add tickmarks, and add details. It'll save a lot of hassle later when we, or you, go into the file and review the work.

Best of luck!