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    Accounting Auditor

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    RambhupalReddy
    Accounting auditors work in private businesses, organizations, and government agencies to ensure financial records are accurate and comply with regulations. They examine financial statements, check assets, and identify inefficiencies. Auditors typically have degrees in accounting and work to obtain qualifications from professional associations. The career requires strong math, attention to detail, problem-solving skills, and the ability to work independently to conduct audits and report findings.

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    Accounting Auditor

    Uploaded by

    RambhupalReddy
    42 views2 pages
    Accounting auditors work in private businesses, organizations, and government agencies to ensure financial records are accurate and comply with regulations. They examine financial statements, check assets, and identify inefficiencies. Auditors typically have degrees in accounting and work to obtain qualifications from professional associations. The career requires strong math, attention to detail, problem-solving skills, and the ability to work independently to conduct audits and report findings.

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    Accounting auditors work in private businesses, organizations, and government agencies to ensure financial records are accurate and comply with regulations. They examine financial statements, check assets, and identify inefficiencies. Auditors typically have degrees in accounting and work to obtain qualifications from professional associations. The career requires strong math, attention to detail, problem-solving skills, and the ability to work independently to conduct audits and report findings.

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    42 views2 pages

    Accounting Auditor

    Uploaded by

    RambhupalReddy
    Accounting auditors work in private businesses, organizations, and government agencies to ensure financial records are accurate and comply with regulations. They examine financial statements, check assets, and identify inefficiencies. Auditors typically have degrees in accounting and work to obtain qualifications from professional associations. The career requires strong math, attention to detail, problem-solving skills, and the ability to work independently to conduct audits and report findings.

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    Accounting Auditor: Education Requirements and Career Info

    Degrees in accounting typically cover topics relating to private business or governmental accounting practices. Find
    out about the requirements of these programs, and learn about career options, job growth and salary info for
    accounting auditor graduates.

    Auditor: job description

    Auditors perform (internal) financial and risk management audits and independent statutory (external) financial
    audits of commercial and public sector organisations.

    Auditors assess local and central government departments with the aim of improving efficiency and effectiveness.

    What does an auditor do? Typical employers | Qualifications and training | Key skills

    Auditors are independent specialists who review the accounts of companies and organisations to ensure the
    validity and legality of their financial records. They can also act in an advisory role to recommend possible risk
    aversion measures and cost savings that could be made.

    Auditors work in accounting departments and with independent chartered and certified firms, examining the
    money going in and out of organizations and making sure it is recorded and processed correctly.

    Key activities include:

    collating, checking and analyzing spreadsheet data


    examining company accounts and financial control systems
    gauging levels of financial risk within organizations
    checking that financial reports and records are accurate and reliable
    ensuring that assets are safeguarded
    identifying if and where processes are not working as they should and advising on changes to be made
    preparing reports, commentaries and financial statements
    liaising with managerial staff and presenting findings and recommendations
    ensuring procedures, policies, legislation and regulations are correctly followed and complied with
    undertaking reviews of wages

    Auditors work typical office hours from 9.00 am to 5.00 pm, Monday to Friday. They may need to work extra hours
    or during the weekend to meet deadlines, particularly during tax audits.

    Auditors sometimes travel to meet clients and visit factory or warehouse locations in order to make stock and
    equipment checks.

    Salaries can vary between organisations and sectors. Auditors working in London can expect a higher rate of pay
    than those in other areas.

    Typical employers of auditors

    Auditors can be either internal or external.

    Internal auditors:
    Work for professional firms outsourced by client companies.
    Work in-house as part of an organizations accounting team.
    Work for large private companies, organizations and charities.

    Internal auditors work largely in the private sector to improve the efficiency of businesses and identify where
    processes are not working as they should.

    External auditors:

    Work with firms of chartered and certified accountants, such as the National Audit Office.
    Carry out obligatory audits of the public sector and governmental bodies.
    May be called to examine the finances of private businesses, especially those working in association with
    governmental bodies.

    External auditors play a vital role in ensuring that money raised by taxes is used effectively and efficiently.

    Qualifications and training required

    Auditors can come from any degree background but an accounting degree will give you a strong advantage.

    Once you have graduated you can work as an auditing assistant and learn on the job. During this time you will
    study towards the accounting qualifications needed to practice as an auditor.

    The Institute of Chartered Accountants in England and Wales is the recognized qualifying body for auditing and
    accounting. It awards the Auditing Qualification (AQ) which is a requirement for auditors, as well as the Association
    of Chartered Accountants qualification (ACA), which is internationally recognized in the accounting sector.

    Those wanting to work in public sector accounts will need to qualify with the Chartered Institute of Public Finance
    and Accountancy and can then go on to apply for roles with external auditing firms.

    Achieving qualifications can take three to five years but you will work while studying. Employers often provide
    financial help with exams and allow time for study leave.

    Key skills for auditors

    Self-motivation, determination and confidence in your abilities


    Ability to divide your time between work and study
    Meticulous attention to detail
    Numeracy and a strong aptitude for mathematics
    Excellent problem-solving skills
    A keen interest in the financial system
    Ability to work to deadlines, under pressure
    Ability to work on your own initiative and as part of a team
    Strong IT skills
    Excellent interpersonal and communication skills, including good presentation and report writing skill

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