Auditor
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.
Future Job Market
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Fair
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Good
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Excellent
Typical Employers:
Most sizable companies have an auditor to ensure accounts are operating as they should and to prevent audits from the government. Some auditors are employed directly by the company and some are external, third-party auditors who perform audits on behalf of governments and other legal entities.
Suggested Professional Organizations and Associations:
- The Institute of Internal Auditors
- Association of Local Government Auditors
- Association of International Certified Professional Accountants
- American Accounting Association
Salary:
$84,000?
SAE Connections:
FFA Connections:
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
- business
- computer science
- personal finance
Education/Training Required:
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.
