How To Become An Auditor: Degree and Education Requirements

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what degree do you need to become an Auditor
majors for Auditors

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+



Be An Auditor: What You Really Need


In this requirements guide for Auditors, you will find out what do you need to become an Auditor and what it takes to become one.

After reading this, you will be able to plan for your future if you want to be an Auditor.



Degree required

Recommended degree level

Bachelor’s Degree

Bachelors degree
76%

Post-bachelor certificate
16%

Associates degree
4%

Master’s degree
4%

No degree
%

Generally, employers are looking for Auditors who have a Bachelors degree. They also prefer someone who is good in Reading Comprehension and Critical Thinking.

1 common question that we always get is what major or degree do I need to become An Auditor or what courses do I need to take.

We did a survey to ask other Auditors what did they major in college or university and here are the most popular majors that came up.

Accounting and Computer Science
Financial Forensics and Fraud Investigation
Accounting
Auditing
Accounting and Finance

Most auditors require at least a bachelor’s degree in accounting or a related field. Some employers prefer to hire applicants who have a master’s degree, either in accounting or in business administration with a concentration in accounting.



Schools

schools for Auditors

Interested in becoming An Auditor? Find the right schools that can help you to become one. You will need some of your details to get you matched with the right college or university. This service is free thanks to our sponsors.

Questions to ask the university or college:

  1. How many students are in the program?
  2. Is your program accredited?
  3. How many faculty members do you have? Do they hold the right credentials?
  4. What is your job placement rate?
  5. Does your school hold career fairs or other on-campus events with employers? How many employers typically attend?
  6. How many of your students have at least one internship by graduation?

Click to start becoming an Auditor




How long does it take

Difficulty
Quite Hard

You will need a considerable amount of work-related skill, knowledge or experience to be An Auditor.

For example: An accountant must complete 4 years of college and work for several years in accounting to be considered qualified.

To become An Auditor, you will need several years of work-related experience, on-the-job training or vocational training.


How long does it take
2 1/2 to 5 years


Work experience
2 to 4 years

No experience
44%

2 to 4 years
24%

1 to 2 years
12%

Over 10 years
12%

6 months to 1 year
4%

Job training
6 months to 1 year

6 months to 1 year
24%

2 to 4 years
16%

No training
12%

1 to 3 months
12%

3 to 6 months
12%

Most Auditors have 2 to 4 years work experience and 6 months to 1 year job training.

To increase your chances of getting a job, you can look for job training while studying to be one.



License and certifications

Do you need any license or certification
Recommended but not required


Every auditor filing a report with the Securities and Exchange Commission (SEC) is required by law to be a Certified Public Accountant (CPA). Many other auditors choose to become a CPA to enhance their job prospects or to gain clients. Many employers will often pay the costs associated with the CPA exam. Almost all states require CPAs to take continuing education to keep their license.



Skills required

We asked other Auditors if they could only have 5 skills, what would they be. Here is what they said.

1. Reading Comprehension what does this mean
2.Critical Thinking what does this mean
3.Active Listening what does this mean
4.Speaking what does this mean
5.Writing what does this mean
= Hot in-demand that most employers are looking for

We did some research and found that most successful Auditors have these 5 common characteristics. Most of them had Integrity and Attention to Detail.

1.Integrity
2.Attention to Detail
3.Analytical Thinking
4.Dependability
5.Persistence




Knowledge required

Just like any other job, you will need some know-hows to do the job. To become a successful Auditors you need to acquire knowledge in these 5 key areas.

1. Economics and Accounting what does this mean
2.English Language what does this mean
3.Administration and Management what does this mean
4.Computers and Electronics what does this mean
5.Mathematics what does this mean

As An Auditor, you may also be required to know how to use certain Compliance software, Financial analysis software and Analytical or scientific software tools.

Accounting compliance software (Compliance software)
Accounting fraud detection software (Financial analysis software)
ACL Audit Exchange (Analytical or scientific software)
ACL Business Assurance Analytics (Financial analysis software)
Arbutus Analyzer (Analytical or scientific software)
= Hot in-demand that most employers are looking for




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Career type

Business and Finance
Computer Science
Business Financial Management and Accounting

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Related to Auditors Requirements

Auditors requirements, how to become Auditors, degree required to be an Auditor, Auditors license and certifications, majors to be an Auditor, is it hard to become an Auditor and how long does it take

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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