What Do Auditor Do?
Position Description Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
Auditor Responsibilities
- Conduct pre-implementation audits to determine if systems and programs under development will work as planned.
- Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets.
- Produce up-to-the-minute information, using internal computer systems, to allow management to base decisions on actual, not historical, data.
- Confer with company officials about financial and regulatory matters.
- Prepare detailed reports on audit findings.
- Direct activities of personnel engaged in filing, recording, compiling, and transmitting financial records.
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What an Auditor Should Know
Auditors state the following job skills are important in their day-to-day work.
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.
Related Job Titles for this Occupation:
- Account Auditor
- Railroad Auditor
- Accounting Auditor
- Traveling Auditor
- Tax Associate
What Kind of Auditor Job Opportunities Are There?
There were about 1,397,700 jobs for Auditor in 2016 (in the United States). 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.
Do Auditors Make A Lot Of Money?
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 different U.S. states?
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
Becoming an Auditor
Individuals working as an Auditor have obtained the following education levels:
How many years of work experience do I need?
Auditors Sector
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:
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More about our data sources and methodologies.
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