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What does an Auditor do?

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In a nutshell

 

Auditors examine the accuracy of financial statements of an entity to make sure that they comply with relevant laws or regulations, with the goal of producing a report to share with the entities shareholders.​

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Key attributes of an auditors​

Auditors are great communicators

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Auditors have integrity

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Auditors can easily use technology

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Auditors are always learning

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Auditors are great listeners 

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Day-to-day activities of an Audit Assistant

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  • Planning and executing audit engagements - this includes risk assessments

  • Complete audit testing - examining financial statements, internal controls and supporting documentation

  • Prepare working papers whilst ensuring sufficient documentation of procedures & findings

  • Communicate with clients to obtain essential information and define or resolve audit issues

  • Cooperate within your audit team to prepare audit strategies & solutions

  • Prepare audit reports & letters

  • Develop one’s knowledge of current legislation and regulation in the industry

  • Ensure compliance with auditing standards

  • Aim to improve audit processes and methodologies

  • Support training and development of staff below your grade (interns or work experience students)

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What is Testing?

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Pro's of working in Audit:

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Con's of working in Audit: 

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