What does an Auditor do?

Auditors are responsible for tracking the cash flow and accounts of companies to ensure that they are being recorded and processed correctly, that assets are protected through appropriate control measures, and that financial records meet legal standards. Auditors can work in both the public and private sector as an internal audtor, an external auditor, or an independent auditor.

Most auditors have a Bachelor's degree in accounting or finance. Additionally, many auditors also have a Certified Public Accountant (CPA) credential, which is obtained by passing a national exam and a completing a minimum number of college coursework hours. Auditors need to have a keen eye for detail, a strong ability to work under pressure, and a knack for problem solving.

  • Develop audit objectives, plans, and scope by reviewing available information and conducting research
  • Help design, implement, and maintain internal audit procedures and risk assessment processes
  • Prepare audit findings, write audit reports, and develop recommendations
  • Ensure complaince with all applicable plans, policies, and standards
  • Stay current on industry trends, and best accounting and audit practices
  • Ensure accuracy of financial information
  • Follow up on audit recommendations
  • Bachelor's degree in Accounting, Finance, or related field. CPA preferred.
  • 3-6 years experience in financial accounting, auditing, or a combination thereof, preferably in public accounting
  • Strong understanding of accounting, banking laws, regulations, and internal controls
  • Sound understanding of audit theories, principles, and practices
  • Familiarity with general accounting practices and techniques
  • Strong interpersonal skills, critical thinking skills, and time management skills
  • Proficient verbal and written communication skills
  • Comfortability working in a collaborative environment
  • Proficient in Microsoft Office applications

Average Years of Experience

0 - 1
18%
2 - 4
48%
5 - 7
14%
8+
20%

Common Skill Sets

Audit
Coding
Written Communication
Microsoft EXCEL
Microsoft Office Suite
CISA
Microsoft Powerpoint
Calculations

Auditor Seniority Levels

L2
Auditor
$32,873/yr
L3
Senior Auditor
$41,681/yr
L4
Internal Auditor
33% made the transition
It Auditor
10% made the transition
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Auditor Salaries

Average Base Pay

£32,873 /yr
Same as national average
Not including cash compensation
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£20K
Median: £33K
£54K
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Glassdoor Estimated Salary

Auditor jobs