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WELCOME TO MY PRESENTATION
ON
HOW TO BECOME AN AUDITOR:
PURSUING A KEY CAREER IN
ACCOUNTING
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What Is Auditing?
Auditing is the act of reviewing a company's
financial and accounting records, such as
expense reports and financial statements.
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Who Are Auditors?
Auditors are business professionals who
ensure that financial statements are accurate
and comply with corporate and legal
guidelines.
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What Does an Auditor Do?
• Auditors are responsible for reviewing an organization’s
data, accounting entries, balance sheets, and tax returns.
After reviewing this information, they produce objective
reports highlighting any gross mistakes that may be common
in the organization.
• Auditors work with multiple departments — accounting,
finance, and the executive team — to procure the necessary
data to conduct an objective report.
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Types of Auditors
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Internal Auditors External Auditors
• Internal Auditors are employees.
• Internal Auditors have access an
organization’s financial systems for mitigating
risk.
• External Auditors are not employed by the
government or business entity that they’re
auditing.
• External auditors analyse accounting records
to ensure they meet specific standards
outlined by the generally accepted accounting
principles (GAAP) or the International Financial
Reporting Standards (IFRS). Both types of
auditors must be unbiased and objective.
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Reasons to Pursue an Auditing Career Path
• Upward Mobility
• Demand
• Career Flexibility
• Business Knowledge
• Independence
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Roadmap to Becoming an Auditor
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Step 1
• Study the Relevant Subjects
Step 2
• Become a Chartered Accountant (CA)
Step 3
• Get Hands-on Work Experience
Step 4
• Become a Member of an Auditor Association or Organization
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Skills of Accountants and Auditors
• Analytical Skills
• Communication Skills
• Detail-Oriented
• Organizational Skills
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Employment Outlook for Auditors
• Auditors are well paid. Educational background
directly influences an auditor’s salary.
• Students wishing to pursue a career as an auditor
will enter a growing field fuelled by an increase in
globalization and the ever-changing tax and
regulatory climate.
• Technological advancements will likely shape the
way auditors and accountants do their jobs in the
years ahead.
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By following these mentioned steps and
developing your skillset and knowledge,
you’ll be well on your way to becoming an
Auditor.
