Account Auditing

If you like math and are interested in a job that offers opportunities in many different industries, then a career in account auditing might be a good fit for you. Continue reading to learn more about job duties, employment outlook, salaries and required education for accountants and auditors.

Is Account Auditing for Me?

Career Overview

Auditors collect, analyze and examine financial records. As an auditor, you'll find discrepancies in spending, determine the accuracy of records and ensure that financial transactions are in compliance with the law. Required skills include an aptitude for math and attention to detail.

Employment and Salary Information

The U.S. Bureau of Labor Statistics (BLS) reported that employment in the accounting and auditing field was projected to increase by an average rate of 13% from 2012-2022. Competition at high-end firms is expected to be fierce; auditors and accountants with master's degrees in accounting and business, or who have earned their Certified Public Accountant (CPA) credential, may have the best job opportunities. According to the BLS, auditors and accountants earned a median annual salary of $65,080 in May 2013 (www.bls.gov).

How Can I Become an Account Auditor?

Educational Requirements

A bachelor's degree in accounting or a related field will usually suffice for most auditing positions, but some employers prefer that you have a master's degree in business administration, according to the BLS.

Educational Options

A bachelor's degree program with a focus on auditing can give you an opportunity to take courses in auditing, corporate accounting and taxation. Students who already have a bachelor's degree in a different field can complete a Master of Accountancy program. This program is designed for students who do not have any previous experience in accounting or auditing. Course options for this graduate program include business law, assurance services and financial reporting.

A Master of Business Administration in Accounting can prepare you for a career in auditing that can lead to a high-level position, such as a financial consultant, audit manager or managing partner. Some master's programs offer an internship in auditing in addition to coursework.

Certifications

Auditor certifications are also important for aspiring auditors. There are too many certifications to list here, but a common designation is the Certified Internal Auditor offered by The Institute of Internal Auditors (IIA). This IIA certification requires completion of a 4-year degree program, two years of auditing experience and passing scores on a series of exams (www.theiia.org). Additional designations are also available for auditors who work in specific industries.

Related Articles for Account Auditing

View More Articles

Related Videos

  • What Is Forensic Accounting? - Video

    Forensic Accounting is a specialized form of accounting that incorporates accounting, auditing and investigative techniques. Forensic Accounting professionals are charged with analyzing and tracking evidence of economic transactions. In some cases, they are asked to present this evidence to a court of law.
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

  • Southern New Hampshire University

    Southern New Hampshire University responds quickly to information requests through this website.

    Popular programs at Southern New Hampshire University:

    Online Programs Available

  • Ashford University

    Ashford University responds quickly to information requests through this website.

    Popular programs at Ashford University:

    Online Programs Available

  • Capella University

    Capella University responds quickly to information requests through this website.

    Popular programs at Capella University:

    • Doctoral
    • Master
    • Bachelor Degrees

    Online Programs Available

  • Purdue University Global

    Purdue University Global responds quickly to information requests through this website.

    Popular programs at Purdue University Global:

    • Master
    • Bachelor Degrees
      • Bachelor of Science in Accounting

    Online Programs Available

  • Saint Leo University

    Saint Leo University responds quickly to information requests through this website.

    Popular programs at Saint Leo University:

    • Doctoral
    • Bachelor Degrees
    • Associate Programs

    Online Programs Available

  • Grand Canyon University

    Grand Canyon University responds quickly to information requests through this website.

    Popular programs at Grand Canyon University:

    • Doctoral
    • Master
    • Bachelor Degrees

    Online Programs Available

  • Full Sail University

    Full Sail University responds quickly to information requests through this website.

    Popular programs at Full Sail University:

    Online Programs Available

  • Independence University

    Independence University responds quickly to information requests through this website.

    Popular programs at Independence University:

    • Bachelor Degrees
    • Associate Programs

    Online Programs Available

  • Colorado Christian University

    Colorado Christian University responds quickly to information requests through this website.

    Popular programs at Colorado Christian University:

    • Master
    • Bachelor Degrees
    • Associate Programs

    Online Programs Available

  1. 1
  2. 2
  3. Next »