Auditors

Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.

Median Annual Wage: $65,940

Education: Bachelor's degree (76%); Post-baccalaureate certificate (16%); Associate's degree (4%)

Projected Growth: Average (8% to 14%)

Related Job Titles: Auditor; Internal Auditor; Auditor-in-Charge; Assurance Manager; Audit Manager; Internal Audit Director; Assurance Senior; Audit Partner; Deputy for Audit; Financial Auditor

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Source: O*NET OnLine information for Auditors.

More Business and Financial Operations Careers

  • Prepare detailed reports on audit findings.
  • Supervise auditing of establishments, and determine scope of investigation required.
  • Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
  • Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
  • Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.
  • Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
  • Review data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
  • Confer with company officials about financial and regulatory matters.
  • Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives.
  • Prepare, analyze, and verify annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning.
  • Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.
  • Examine inventory to verify journal and ledger entries.

Source: O*NET OnLine information for Auditors.

  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Speaking - Talking to others to convey information effectively.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  • Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
  • Mathematics - Using mathematics to solve problems.
  • Systems Evaluation - Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.

Source: O*NET OnLine information for Auditors.

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