What does an Auditor do?
An Auditor is a professional authorized to verify and review the accuracy of financial records and to ensure that companies and other entities comply with laws governing taxation. They point out notable discrepancies in accounting methods and protect businesses from fraud. An Auditor may also choose to work on a consultancy basis, helping firms and companies spot ways to boost their operational efficiency.
Working as an Auditor
Working as an Auditor involves:
- Examining inventory to verify ledger and journal entries
- Inspecting cash on hand, notes, canceled checks and negotiable securities for accuracy
- Conferring with company officials about regulatory and financial matters
- Directing the compiling, recording, filing and transmitting of financial records
- Preparing, analyzing and verifying annual financial statements, reports and other records
How much does an Auditor make in the United States?
Average base salary
The average salary for a auditor is $94,812 per year in the United States. 46.8k salaries reported, updated at October 2, 2022
Where can an Auditor earn more?Compare salaries for Auditors in different locations
How much do similar professions get paid in United States?
Common questions about for an Auditor
What are the major types of auditors and what units do auditors cover as they advance in a major?
Auditors fall into four major categories. These are government auditors, forensic auditors, external auditors and internal auditors. As a student advances in the major, they cover advanced topics such as banking, engineering and health. Some employers prefer hiring applicants who have completed an advanced degree program such as Master of Business Administration or Master of Science in Accounting.
How can I know if I am being paid fairly as an auditor?
If you’re unsure about what salary is appropriate for a auditor, visit Indeed's Salary Calculator to get a free, personalized pay range based on your location, industry and experience.
Do Auditors prepare financial statements or do taxes?
Although some Auditors are experienced in complex tax returns as well as in auditing, most Auditors tend to specialize in performing audits. Only some go on to specialize in filing taxes and preparing financial statements.