Career of the Week: Auditor
| Auditor Job Responsibilities: Protects assets by ensuring compliance with internal control procedures, and regulations. Auditor Job Duties: Ensures compliance with established internal control procedures by examining records, reports, operating practices, and documentation. Verifies assets and liabilities by comparing items to documentation. Completes audit workpapers by documenting audit tests and findings. Appraises adequacy of internal control systems by completing audit questionnaires. Maintains internal control systems by updating audit programs and questionnaires; recommending new policies and procedures. Communicates audit findings by preparing a final report; discussing findings with auditees. Complies with federal, state, and local security legal requirements by studying existing and new security legislation; enforcing adherence to requirements; advising management on needed actions. Prepares special audit and control reports by collecting, analyzing, and summarizing operating information and trends. Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies. Contributes to team effort by accomplishing related results as needed. |
The Job Stats:
Job Stats
- Employment numbers: The Bureau of Labor Statistics’ ongoing data collection found that there were 1,275,400 accountants and auditors employed in 2012.
- Salary: Internal Auditors working at mid-size companies can expect to earn an annual salary of $49,500 to $77,750, according to the Robert Half 2015 Salary Guide for Accounting and Finance.
- Projected growth: The Bureau of Labor Statistics projects that employment opportunities for accountants and auditors will increase 13% between 2012 and 202
Education Needed:
Qualifications
Education and Experience Requirements
- A bachelor’s degree in accounting, business or a related field is expected.
- Three or more years of relevant experience is typical of accountants entering an internal auditor position.
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