What is an Auditor?
Auditor 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
- Audit payroll and personnel records to determine unemployment insurance premiums, workers’ compensation coverage, liabilities, and compliance with tax laws.
- Examine whether the organization’s objectives are reflected in its management activities, and whether employees understand the objectives.
- Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.
- Prepare detailed reports on audit findings.
- Conduct pre-implementation audits to determine if systems and programs under development will work as planned.
- Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
What an Auditor Should Know
Below is a list of the skills most Auditors say are important on the job.
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
- Financial Auditor
- Inventory Auditor
- Compliance Analyst
- Assurance Manager
- Tax Auditor
Auditor Job Outlook
In the United States, there were 1,397,700 jobs for Auditor in 2016. 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.
Auditor Salary
Auditors make between $43,650 and $122,840 a year.
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?
Below is a list of the types of tools and technologies that Auditors may use on a daily basis:
- 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 or degrees do I need to become an Auditor?
How many years of work experience do I need?
Where Auditors Work
Auditors work in the following industries:
Related Careers
Are you already one of the many Auditor in the United States? If you’re thinking about changing careers, these fields are worth exploring:
References:
Image Credit: Pixabay via CC0 License
More about our data sources and methodologies.
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