What Do Auditor Do?
Job Description: Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
Daily Life Of an Auditor
- Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
- Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.
- Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.
- Review taxpayer accounts, and conduct audits on-site, by correspondence, or by summoning taxpayer to office.
- Produce up-to-the-minute information, using internal computer systems, to allow management to base decisions on actual, not historical, data.
- Conduct pre-implementation audits to determine if systems and programs under development will work as planned.
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Auditor Skills
Auditors state the following job skills are important in their day-to-day work.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
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.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Speaking: Talking to others to convey information effectively.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Types of Auditor Jobs
- Internal Auditor
- Medical Auditor
- Auditor
- Compliance Auditor
- Audit Manager
What Kind of Auditor Job Opportunities Are There?
In 2016, there was an estimated number of 1,397,700 jobs in the United States for Auditor. New jobs are being produced at a rate of 10% which is above the national average. The Bureau of Labor Statistics predicts 139,900 new jobs for Auditor by 2026. Due to new job openings and attrition, there will be an average of 141,800 job openings in this field each year.
The states with the most job growth for Auditor are Utah, Colorado, and Tennessee. Watch out if you plan on working in Maine, Alaska, or Ohio. These states have the worst job growth for this type of profession.
Average Auditors Salary
The average yearly salary of an Auditor ranges between $43,650 and $122,840.
Auditors who work in District of Columbia, New York, or New Jersey, make the highest salaries.
How much do Auditors make in each U.S. state?
| State | Annual Mean Salary |
|---|---|
| Alabama | $70,310 |
| Alaska | $82,920 |
| Arizona | $69,190 |
| Arkansas | $67,700 |
| California | $84,430 |
| Colorado | $82,320 |
| Connecticut | $84,890 |
| Delaware | $78,120 |
| District of Columbia | $98,130 |
| Florida | $71,790 |
| Georgia | $75,930 |
| Hawaii | $65,580 |
| Idaho | $66,110 |
| Illinois | $81,060 |
| Indiana | $70,780 |
| Iowa | $67,030 |
| Kansas | $66,530 |
| Kentucky | $67,080 |
| Louisiana | $66,860 |
| Maine | $70,810 |
| Maryland | $82,610 |
| Massachusetts | $81,460 |
| Michigan | $74,370 |
| Minnesota | $72,480 |
| Mississippi | $62,850 |
| Missouri | $70,240 |
| Montana | $66,410 |
| Nebraska | $67,920 |
| Nevada | $66,600 |
| New Hampshire | $72,690 |
| New Jersey | $90,400 |
| New Mexico | $66,370 |
| New York | $96,300 |
| North Carolina | $76,880 |
| North Dakota | $61,870 |
| Ohio | $72,370 |
| Oklahoma | $73,040 |
| Oregon | $71,450 |
| Pennsylvania | $75,250 |
| Rhode Island | $81,090 |
| South Carolina | $64,750 |
| South Dakota | $65,800 |
| Tennessee | $69,690 |
| Texas | $80,200 |
| Utah | $70,980 |
| Vermont | $75,360 |
| Virginia | $85,640 |
| Washington | $78,970 |
| West Virginia | $68,160 |
| Wisconsin | $68,410 |
| Wyoming | $66,180 |
What Tools do Auditors Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Auditors:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Access
- Data entry software
- SAP
- Microsoft Project
- Spreadsheet software
- Microsoft Visio
- Structured query language SQL
- Microsoft Dynamics
- SAS
- IBM Notes
- Microsoft Visual Basic
- Google Docs
- UNIX
- Microsoft SQL Server
- Intuit QuickBooks
- Oracle PeopleSoft
How do I Become an Auditor?
What education is needed to be an Auditor?
What work experience do I need to become an Auditor?
Where do Auditors Work?
The table below shows some of the most common industries where those employed in this career field work.
Related Careers
Those who work as an Auditor sometimes switch careers to one of these choices:
References:
Image Credit: Pixabay via CC0 License
More about our data sources and methodologies.
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