What Are Popular Careers in Auditing?

The job of an auditor is to investigate organizations' accounts to make accurate assessments of their finances. Auditors must present an impartial representation of businesses at the time the audits are conducted. Schools offering Auditing degrees can also be found in these popular choices.

Auditing Careers

This article will teach you about about several popular auditing careers, including those as internal auditor, public auditor and government auditor.

Important Facts About Auditing Careers

Mean Salary (2014) $73,670 (accountants and auditors)
Job Outlook (2014-2024) 11% growth
Key Skills Analytical, math, detail oriented, and organizational skills
Similar Occupations Budget analyst, personal financial adviser, cost Estimator, bookkeeping/auditing clerk

Source: United States Bureau of Labor Statistics

Internal Auditors

These auditors work for businesses and organizations. Their primary responsibility is to examine company records to verify that they are accurate and look for discrepancies, inefficiency or evidence of criminal behaviors. Internal auditors are trained to conduct reviews in a number of key areas to ensure that the firm's processes are correct, to ascertain facts and to make judgments about competency, accuracy, efficiency, legalities and ethics. This auditing career requires at least a bachelor's degree in accounting or a related field. Internal auditors may conduct reviews in areas that include:

  • Finance
  • Compliance
  • Operations
  • Management information systems (MIS)
  • System development and implementation

Public Auditors

Professionals in this auditing career work for a diverse range of clients, including nonprofit organizations, public agencies, business firms and personal customers. They can be self-employed but traditionally work for accounting firms. Public auditors typically hold a master's degree, such as the Master of Science in Accounting or the Master of Business Administration (MBA). Most are also Certified Public Accountants (CPAs). Public auditors are involved in providing an array of services to their clients, including accounting, taxes and auditing reviews. Their services may fall in a wide variety of areas, such as:

  • Employee benefits
  • Asset protection
  • Employee compensation
  • Information systems

Government Auditors

These auditors are employed by federal, state and local governments. They also work for regulated individuals, private companies and nonprofit organizations. Their main responsibility is ensuring that spending is proper and legal. Many government auditors work for the Internal Revenue Service (IRS), state and local municipalities' revenue departments and other public agencies that regulate banks and financial companies. Some specific responsibilities include:

  • Analyzing budgets
  • Investigating financial management
  • Reviewing management practices

Career Training

Auditors need at least a bachelor's degree in accounting or a similar major, although some positions may require a master's degree. Though uncommon, you may be able to enroll in an accounting degree program with an emphasis on auditing. Auditing courses you may take in such a program include auditing of accounting information systems, forensic accounting, fraudulent financial statements and information assurance. Programs can teach you how to analyze financial information, utilize technology in auditing and enforce transparency.

As an auditor, you may wish to earn the Certified Public Accountant (CPA) license. You're required to hold this license if you will be doing accounting work with the Securities and Exchange Commission. Even if you plan on working with other organizations, it can be beneficial in the job market. Also, there are a few certification options for auditors: the Certified Internal Auditor (CIA), Certified Government Auditing Professional (CGAP), Certified Financial Services Auditor (CFSA) and Certified Information Systems Auditor (CISA). To earn these designations, you need a combination of education and professional experience in the field, and then you must pass one or more exams.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

  • 1. Degree Options:
The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

Popular Schools

  • Strayer University

    Strayer University responds quickly to information requests through this website.

    Popular programs at Strayer University:

    • Master
    • Bachelor Degrees
    • Associate Programs
    • Certificates

    Online Programs Available

  • Purdue University Global

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    Popular programs at Purdue University Global:

    • Master
    • Bachelor Degrees
      • Bachelor of Science in Accounting

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  • Capella University

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    Popular programs at Capella University:

    • Doctoral
    • Master
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  • The University of Scranton

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    Popular programs at The University of Scranton:

    • Master

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  • Seton Hall University

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    Popular programs at Seton Hall University:

    • Master

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  • Northcentral University

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  • Regent University

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    Popular programs at Regent University:

    • Master
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