Auditors (specifically internal auditors) are employed by businesses to evaluate the accuracy and integrity of finances and internal operations of a business. They may act in an advisory role, making recommendations on company financial risks and cost-saving measures. Using this information, auditors will examine and prepare financial documents in written reports explaining their findings.
What Responsibilities Will I Have?
- Analyze the financial aspects of a company order to confirm the accuracy of finances and reports
- Collect, check and analyze data
- Identify, analyze and prioritize business risks
- Participate in and/or manage projects from conception to implementation
- Evaluate the adequacy and effectiveness of a company’s existing systems of accounting
- Monitor compliance with corporate systems and procedures
- Determine which clients are an asset and help protect them from financial losses
- Determine the reliability and effectiveness of how financial records are reported
- Assign, supervise and review work performed by audit teams
- Prepare tax returns
- Prepare presentation and reports that summarize audit findings
- Make recommendations for cost savings
- Manage audit project timelines
- Assist external auditors during their auditing process
- Ensure that companies are following respective laws
Recommended High School Courses:
- agricultural education
- computer science
- personal finance
At the minimum, an auditor should have a bachelor’s degree in accounting, although a master’s degree or certification may provide more job opportunities.