Job description
The major responsibility of a corporate auditor is to make certain that organization's business process is running efficiently, devoid of any hassles. Moreover, they are also responsible to make sure that all public records are accurate and all taxes have been paid on regular basis. Corporate auditing individuals are accountable for a company's accounting, tax and consulting operations. They make it certain that integrity of a company's internal sources is maintained and also see if the accounting department is free from any kind of fraud or mismanagement. They evaluate and examine their organization's management methods, information and financial systems and in-house documentations to ensure adequacy and accuracy. They supervise operations on regular basis so as to make certain that all corporate policies and government rules have been compiled accurately. Financial auditors also present financial data or other audit results to higher management and clients of the company.
Requirements
Bachelor's degree in some related field like accounting is usually needed for all applicants of financial auditors. Some positions may also require the candidate to have Master's degree in business administration or Master's degree in accounting. There are some certifications that are also needed for higher auditor ranks as CPA (certified public accountant), CMA (certified management accountant) and CIA (certified internal auditor).
There is also a skill set that is demanded in good applicants of corporate auditing business. Now-a-days, various reputed corporate houses demand solid prior work experience in related field; moreover in some companies, a corporate auditor should have attended some seminar or training session in the pertinent field. A corporate auditor is required to have strong competence to apply different auditing tools and techniques in order to serve the organization in the best possible way. Moreover, large corporate houses also demand a corporate auditor to have basic knowledge in MS PowerPoint, MS word and MS Excel.
Salary and job growth
The mean annual wages that corporate auditors can earn is around 54,630 dollars. In the mid of employment market, some corporate auditors can also earn the median annual wages between 42,520 dollars to around 71,960 dollars, and highest salaried corporate auditors earn around 94,050 dollars.
Auditors have been estimated to have huge steady stipulations through coming years due to ever increasing accounting and auditing laws. As various organizations grow internationally, the accounting operations related to international business have been also increased to a greater extent and for these reasons employment opportunities for corporate auditors are optimistic.
So, pursue the required degree and enjoy huge dollars every month in the job of a corporate auditor. Good luck!