We provide you tips and guides on how to become a pro auditor and provide relevant information.

Auditor Organisation

What do auditors do? 

An auditor is the person who examines accounts  to see how well an organisation controls its finance. They can be either an ‘external’ or ‘internal’ auditor, and are usually qualified accountants.


Top tips needed to become a pro auditor


auditor at work

  1. A good work attitude with excellent discipline
  2. The ability to interpret figures and data
  3. Excellent with maths and have good IT skills
  4. Good spoken and written communication skills
  5. Strong analytical and problem-solving ability
  6. Good organisational and time management skills
  7. A high degree of accuracy and attention to detail
  8. The ability to work both independently and as part of team
  9. Have a good understanding of business
  10. Honesty and discretion, for dealing with sensitive business information.


Job Opportunities for Auditors 

As an external auditor you could work for a firm of chartered accountants like AICPA (The American Institute of Public Accountants), American Audit Office (which audits central government departments), or the Audit Commission (which audits public bodies like local authorities).

auditors shaking hands

As an internal auditor you could work for large companies in all kinds of industry, public sector organisations, or for firms that provide internal audit services to clients.

Jobs may be advertised in the local, national and industry press, and by specialist recruitment agencies.

With experience, you could specialise in an area such as taxation, insolvency or forensic accounting. You could also move into management or choose to work freelance.

Internal Auditor

An example of what an internal auditor is all about.

Below is a short summary of the difference between an external or internal auditor.


External Auditor

As an external auditor, you would independently review a company's accounts to make sure they are accurate and show a fair view of its financial position. You might also audit public sector organisations such as civil service departments and local councils, to check how public money is being spent and to see if savings can be made. Most organisations are required by law to publish audited accounts.


Internal Auditor

As an internal auditor, you would examine an organisation or department’s polices, procedures and possibly its finances with a view to advising on how it could improve efficiency. You would often be an employee of the organisation, or you might work for a specialist outsourced internal auditing service.




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salary

Salary Expectations?

  1. Part-qualified salaries for an auditor are usually between $25,000 and $36,000 a year.
  2. Fully qualified auditors, earnings are usually around $45,000 to $70,000.
  3. Senior and management auditor salaries can range between $75,000 and $110,000.