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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.

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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
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How much does an Auditor make in the United States?

Average base salary

$94,812
Average $94,812
Low $67,655
High $132,868
Non-cash benefit
401(k)
View more benefits

The average salary for a auditor is $94,812 per year in the United States. 46.8k salaries reported, updated at October 2, 2022

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Where can an Auditor earn more?

Compare salaries for Auditors in different locations
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How much do similar professions get paid in United States?

Accountant

118,401 job openings

Average $59,736 per year

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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.

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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.

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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.

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What's the difference between an accountant and an auditor?

What major, skills and competencies does an individual need to become an auditor?

Does an auditor need to be a Certified Public Accountant?

How much do similar professions to an auditor get paid?

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