What Do Auditors Do: Job Description, Responsibilities and Duties

Stanley TanLeave a Comment



daily life of an Auditor
are Auditors happy with their job

Auditors

Other names for this job might include Account Auditor, Accounting Auditor, Asset Analyst, Assurance Manager, Assurance Senior, Audit Manager, Audit Partner, Auditor, Auditor-in-Charge, City Auditor


  • $75280
    Salary
  • 71%
    Job satisfaction
  • Quite Hard
    Becoming one
  • Medium
    Job growth
OwlGuru Rank

B+



Being An Auditor: What You Really Do


In this job description guide, you will find out what do Auditors do and what is their typical work day like.

After reading this, you will have a much better idea on whether you will like working as an Auditor or not.



Job summary

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

We asked Auditors how satisfied they are with their job. Here is what they said.

Job satisfaction

71%

How meaningful is this job

38%


71% of them said they were satisfied with their job and 38% said they find that their job makes the world a better place or helps to make someone else’s life better.



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Typical day

On a daily basis, Auditors Supervise auditing of establishments, and determine scope of investigation required. They Direct activities of personnel engaged in filing, recording, compiling and transmitting financial records.

A typical day for An Auditor look like this:

Oversee business processes.
Coordinate regulatory documentation activities.

We asked some Auditors a few questions to find out what else does their work day look like. Here is what we found.

Do you have telephone conversations everyday in this job?96% said yes
Do you have to use email everyday in this job?92% said yes
How important is it to work in a team in this job?44% said very important
Do you have group discussions everyday in this job?84% said yes
Do you have to meet strict deadlines everyday in this job?24% said yes
Do you talk or work with customers everyday in this job?28% said yes
Do you have to deal with angry customers everyday in this job?0% said yes
Do you have to make decisions everyday in this job?32% said yes



Other responsibilities

Besides the “typical day” things that Auditors do, they Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies. They might also Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.

On a weekly to monthly basis, Auditors Prepare detailed reports on audit findings. and Confer with company officials about financial and regulatory matters.

A typical week or month for them might include:

Collect evidence for legal proceedings.
Investigate legal issues.
Report information to managers or other personnel.
Advise others on business or operational matters.
Advise others on financial matters.
Prepare financial documents, reports, or budgets.
Discuss business strategies, practices, or policies with managers.



Working life

Working hours

More than 40 hours per week

Working schedule

Regular (Set schedule and routine)


In a typical work week as An Auditor, you can expect to work More than 40 hours per week.

Do Auditors work in an office-style work environment?

Everyday
80%

Once a week
4%

Once a month
4%

Once a year
12%

Never
0%

Do Auditors work in a warehouse-style work environment?

Everyday
4%

Once a week
0%

Once a month
0%

Once a year
68%

Never
28%

Do Auditors work outdoors?

Everyday
0%

Once a week
0%

Once a month
0%

Once a year
40%

Never
60%



Is this right for me

Best personality for this career

The Organizers and The Persuaders


You can read more about these career personality types here.

You will like this career if you are someone who likes following set procedures and routines. They like working with data and details more than with ideas.

You also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



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They analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.






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Career type

Business and Finance
Computer Science
Business Financial Management and Accounting

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Related to Auditors Job Description

Auditors job description, what do Auditors do, typical day for Auditors, what is it like to work as an Auditor, how many hours do Auditors work, day to day work of an Auditor

Additional resources

http://www.bls.gov/OOH/business-and-financial/accountants-and-auditors.htm
http://www.aacsb.edu/
http://www.aicpa.org/
http://www.imanet.org/

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Auditors
Written by: Stanley Tan
Auditors examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
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