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Auditor (external and internal)

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Summary of occupation

Auditors examine a company's financial records to assess whether they provide an accurate picture of the company's financial performance. They review the accounting systems and procedures of an organisation and identify ways to improve performance and minimise the risk of fraud. They work within a strict set of financial and ethical guidelines governing their behaviour and responsibilities, and report any serious issues to the appropriate authorities.

ANZSCO description: Auditors examine a company's financial records to assess whether they provide an accurate picture of the company's financial performance.
Alternative names: Audit Officer, Company Auditor
Specialisations:
Job prospects: Average
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Knowledge, skills and attributes

An auditor needs:

  • a strong ethical framework
  • to be able to work independently and/or as part of a team
  • honesty and integrity
  • good problem-solving skills
  • good communication skills
  • to be inquisitive and enquiring.
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Working conditions

Auditors work in offices within an organisation and often conduct their services at clients’ offices. They generally work regular hours, although they may work overtime when meeting tight deadlines. There is a high level of people contact in this occupation.

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Salary details

On average, auditors can expect to earn between $1 500 and $1 999 per week ($78 000 and $103 000 per year), depending on the organisation they work for, and their level of experience.  As an auditor develops their skills, their earning potential will generally increase.   

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Tools and technologies

Auditors use computers and a range of specialised accounting software. External auditors will also be required to travel between a number of clients and so a drivers licence is a major advantage.

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Education and training/entrance requirements

To become an auditor you usually need to complete a degree, majoring in accounting. All Western Australian universities offer degrees in this field. Contact the university of your choice for more information. 

​To become professionally recognised as an auditor you must register with the Australian Securities and Investments Commission (ASIC). To register with ASIC you must satisfy the competency standards set by ASIC. This usually includes completing auditing competency standards through the Institute of Chartered Accountants Australia (ICCA) or the Certified Practising Accountants Australia (CPA). 

Related courses

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Apprenticeships and traineeships

As an apprentice or trainee, you enter into a formal training contract with an employer. You spend most of your time working and learning practical skills on the job and you spend some time undertaking structured training with a registered training provider of your choice. They will assess your skills and when you are competent in all areas, you will be awarded a nationally recognised qualification.

If you are still at school you can access an apprenticeship through your school. You generally start your school based apprenticeship by attending school three days a week, spending one day at a registered training organisation and one day at work. Talk to your school's VET Co-ordinator to start your training now through VET in Schools. If you get a full-time apprenticeship you can apply to leave school before reaching the school leaving age.

If you are no longer at school you can apply for an apprenticeship or traineeship and get paid while you learn and work.

Related apprenticeships

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Recognition of prior learning

If you think you already have some of the skills or competencies, obtained either through non-formal or informal learning, you may be able to gain credit through recognition of prior learning.

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