Auditors: Know It All In 1 Minute
In this career summary, you will find out what the job of An Auditor is about and what it is like.
After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.
Auditors examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
- Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
- Prepare detailed reports on audit findings.
- Supervise auditing of establishments, and determine scope of investigation required.
- Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
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$75280 per year
$36.19 an hour
Auditors with little to no experience tend to make between $41400 and $52090 while the more experienced ones make over $89520 per year.
|Top 5 paying states||Hourly||Annual|
1 of the easiest ways to increase your salary as An Auditor is to move to a higher paying state like DC. Right now, the highest paying states for Auditors are DC, NY, NJ, MA and AK.
However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be 2x higher than where you are currently at now.
3 other factors that can increase your salary as An Auditor is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).
Recommended degree level
We asked other Auditors what degree they had when they got the job and most of them said they had a Bachelors degree followed by Post-bachelor certificate.
Other than that we also asked them what did they major in and here are the most popular majors that came up.
Another popular question from our readers is what makes An Auditor successful or would they be good in this career.
Well, we found that most successful Auditors have these 5 skillsets.
In addition to that, 1 common characteristic among successful Auditors is they are good at Integrity. Here are the top 5 common characteristics.
|Attention to Detail|
= Hot in-demand that most employers are looking for
Pros and Cons
Here are some reasons why you should and shouldn’t choose An Auditor as your career.
|Suitable for people who likes to follow routines|
|Suitable for people who wants independence and likes to work on their own and make decisions|
|This career is perfect for people who love to work indoors.|
|Very good salary|
|Not suitable for people who likes to work with designs|
|It is hard to get into this career. A considerable amount of workrelated skill, knowledge, or experience is required for this career.|
|Long working hours (More than 40 hours per week)|
There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.
A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.
What is the job like
Is this job meaningful
More than 40 hours per week
Regular (Set schedule and routine)
On a normal working week Auditors work More than 40 hours per week.
71% of Auditors said they were satisfied with their job and 38% said they feel like their job is making other people’s lives better.
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.
People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas.
They 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 and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
They conduct quantitative analyses of information affecting investment programs of public or private institutions.
They plan, direct, or coordinate compensation and benefits activities of an organization.
They research market conditions in local, regional, or national areas, or gather information to determine potential sales of a product or service, or create a marketing campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution.
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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Related to Auditors Career Information
Auditors job description, Auditors salary, Auditors information, what is the job of an Auditor like, pros and cons about Auditors, colleges and universities for Auditors, is Auditors the right career for me, Quite Hard careers to get into, careers in Business and Finance
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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