Auditor

Auditor

An Auditor is One who examines and analyzes accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.

Depending on his job specification he may be called: Auditor, Internal Auditor, Auditor-in-Charge, Assurance Manager, Audit Manager, Internal Audit Director, Assurance Senior, Audit Partner, Deputy for Audit, Financial Auditor

  • Collects and analyzes data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
  • Prepares detailed reports on audit findings.
  • Supervises auditing of establishments, and determine scope of investigation required.
  • Reports to management about asset utilization and audit results, and recommends changes in operations and financial activities.
  • Inspects account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
  • Examines records and interview workers to ensure recording of transactions and compliance with laws and regulations.
  • Examines and evaluates financial and information systems, recommending controls to ensure system reliability and data integrity.
  • Reviews data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
  • Confers with company officials about financial and regulatory matters.
  • Examines whether the organisation’s objectives are reflected in its management activities, and whether employees understand the objectives.

Tools: Calculators or accessories, Facsimile machines, Notebook computers, Personal digital assistant PDAs or organisers, Scanners,

Technology: Compliance software, Enterprise resource planning ERP software, Financial analysis software, Spreadsheet software, Time accounting software

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