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Regards,
Role:
Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
Sample of reported job titles:
Auditor, Internal Auditor, Auditor-in-Charge, Assurance Manager, Audit Manager, Internal Audit Director, Assurance Senior, Audit Partner, Deputy for Audit, Financial Auditor
Tasks:
• Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
• Prepare detailed reports on audit findings.
• Supervise auditing of establishments, and determine scope of investigation required.
• Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
• Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
• Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.
• Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
• Review data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
• Confer with company officials about financial and regulatory matters.
• Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives.
Tools used in this occupation:
Desktop computers
Notebook computers
Personal digital assistant PDAs or organizers — Personal digital assistants PDA
Scanners
Tablet computers
Technology used in this occupation:
Compliance software — Intrax ProcedureNet; Lumigent Entegra; Paisley Cardmap; TrendTracker Compliance Solution
Data base user interface and query software — Microsoft Access
Financial analysis software — AuditWare software; MethodWare ProAudit Advisor; Thomson PPC e-Tools Suite; Tropics software
Spreadsheet software — Microsoft Excel
Time accounting software — WorkForce Software EmpCenter Time and Attendance
Knowledge Require:
Economics and Accounting — Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
English Language — Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
Administration and Management — Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
Computers and Electronics — Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
Mathematics — Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Skills:
Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Reading Comprehension — Understanding written sentences and paragraphs in work related documents.
Active Listening — Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking — Talking to others to convey information effectively.
Active Learning — Understanding the implications of new information for both current and future problem-solving and decision-making.
Complex Problem Solving — Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Writing — Communicating effectively in writing as appropriate for the needs of the audience.
Mathematics — Using mathematics to solve problems.
Coordination — Adjusting actions in relation to others' actions.