How to Become a Certified Auditor

Many times people confuse the career of an auditor to that of an accountant. These career paths might have some similarities, but they are two different careers that cater to different parts of business and finance. The major difference between these two professions is that accountants are hired to track and analyze the financial statements of a business or an individual. An auditor is the person that evaluates the books stored by accountants to maintain confidence amongst stakeholders.

Step 1: Educational Background of an Auditor
The educational background of an auditor will usually consists of algebra with a strong emphasis on accounting. High school students who are interested in being an auditor should take advanced courses in algebra. This will ensure the smooth transition into more rigorous courses of math and accounting at the collegiate level. These are important qualitative skills that need to be honed. If, for some reason, these courses were not part of your high school curriculum, then enrolling into a community college to hone these skills is a viable option. Community college graduates can easily transfer into a four year institution.

Perspective college students should major in auditing or accountancy. The careers are different, but they share similar courses in college. Most employers will also view these respective degrees as being synonymous with each other.

Step 2: Auditor Certification
Complete the bachelor degree program in Auditing or Accounting before trying to obtain certification. The Certified Internal Auditor designation is the official certification for professional auditors. This certification will show that the individual possesses the skills and competence as an auditor.

Perspective auditors, who are interested in this certification, will have to be an internal auditor for two years. This is the prerequisite for the certificate. The certificate also requires the applicant to send official transcripts from past colleges and institutions.

There are many certificate specializations: Certified Internal Auditor, Certified Financial Services Auditor, and the Certified Government Auditor. The prospective auditor will select the specialization that caters to their career plans or educational background. The Institute of Internal auditors has curriculum and sample tests for those that are interested in sitting for the exam. The test is usually carried out about twice a year.

Step 3: Auditor Employment Opportunities
The Bureau of Labor Statistics notes that the job outlook for auditors is on an upward trajectory. Auditors with the proper credentials will have the best job prospects. Most colleges will periodically have job fairs that will help connect students and graduates to potential employers. Alternatively, there are many auditing firms or agencies that will actively recruit a certified auditor.


People also view

Leave a Reply

Your email address will not be published. Required fields are marked *