What Do Auditors Do?
Wondering what the job is really like for auditors?
You've come to the right place.
Keep reading to find detailed information about what auditors do, including the type of work they are tasked with on a daily basis, industries in which they work, and the specific skills needed for a successful career.
Auditors Overview & Description
Let's get started with the basics about auditors by taking a look at a simple description and popular job titles.
Auditors examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
Popular Job Titles For Auditors
Sample of Reported Job Titles
- Accountants
- Staff Accountants
- Tax Accountants
- Internal Auditors
- Auditors
- Cost Accountants
- Project Accountants
- Audit Managers
- Property Accountants
- Audit Associates
- Tax Associates
- Certified Public Accountants
Read on for insight into the industries where the highest concentration of jobs for auditors can be found.
Best Industries for Auditors
Auditors Jobs By Industry
- Accounting, Tax Preparation, Bookkeeping, and Payroll Services: 24.4%
- Management of Companies and Enterprises: 6.6%
- Local Government, Excluding Education and Hospitals: 3.3%
- Management, Scientific, and Technical Consulting Services: 3%
- State Government, Excluding Education and Hospitals: 2.8%
- Computer Systems Design and Related Services: 1.9%
- Other: 58%
When it comes to jobs in the United States, the largest single category of auditors can be found working in the Accounting, Tax Preparation, Bookkeeping, and Payroll Services sector. In 2022, about 24.4% of all jobs for auditors were found there.
Other top industries by percentage include Management of Companies and Enterprises (6.6%), Local Government, Excluding Education and Hospitals (3.3%), Management, Scientific, and Technical Consulting Services (3%), State Government, Excluding Education and Hospitals (2.8%) and Computer Systems Design and Related Services (1.9%).
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Degree Options for Auditors
Develop the foundational financial skills needed to keep business running successfully, including financial reporting and analysis, managerial accounting, and federal taxes, so you can start your career as an accounting technician, tax preparer, payroll assistant and more.
- Class Type: 100% online
- Cost Per Credit: $398
Enter into or advance within the rapidly growing accounting industry and prepare for professional certifications like the CPA.
- Class Type: 100% online
- Cost Per Credit: $398
- Accreditation: IACBE
Learn to identify, resolve, and prevent white-collar crime in a variety of business settings while preparing for the CFE exam.
- Class Type: 100% online
- Cost Per Credit: $398
- Accreditation: IACBE
Stay Sarbanes-Oxley compliant and promote a fraud-prevention culture while preparing for professional certifications like the CFE.
- Class Type: 100% online
- Cost Per Credit: $398
- Accreditation: IACBE
Distinguish yourself as a knowledgeable accounting professional with advanced technical, research, and communication skills.
- Class Type: 100% online
- Months To Complete: 17
- Accreditation: IACBE
- Placement Tests: GMAT/GRE not required for admission
Grab a chair at the leadership table with Franklin’s 17-month M.S. in Accounting with a focus in Financial Operations. In this 100% online program, you’ll learn to think critically, communicate effectively and leverage technology in innovative ways.
- Placement Tests: GMAT/GRE not required for admission
Learn to decipher the numbers and communicate your findings with confidence and clarity in Franklin’s M.S. in Accounting with a focus in Taxation. The 17-month, online program is accredited by the International Assembly for Collegiate Business Education (IACBE) and features interactive courses led by in-field practitioners.
- Placement Tests: GMAT/GRE not required for admission
Master financial analysis tools and tactics that provide the knowledge you need to contribute at a strategic level with Franklin’s 12-month online accredited MBA with a Specialization in Finance.
- Placement Tests: GMAT/GRE not required for admission
Develop into a well-rounded, adaptive and strategic business leader with a comprehensive mindset.
- Placement Tests: GMAT/GRE not required for admission
Certificates & Microcredentials for Auditors
Boost your career prospects and productivity with MS Excel certificate courses that show you how to maximize the power of Microsoft's popular data analysis tool.
- Class Type: 100% Online
- Time To Complete: 4-5 months
- Cost: $35/month
Take control of your professional life with Intuit bookkeeping certificate courses that train you help businesses record, track and analyze essential financial records.
- Class Type: 100% Online
- Time To Complete: 3-4 months
- Cost: $35/month
What Do Auditors Do on a Daily Basis?
So you have a high-level understanding of what auditors do and the types of industries in which they work - but what do they really do each day?
A great way to understand the type of work auditors do is to examine actual job postings and focus on the specific skills that employers are seeking. That will help paint a clearer picture of the tasks that auditors tackle each day.
Continue reading for a breakdown of specialized skills found in job postings for auditors, as well as common skills - interpersonal qualities and attributes - that can help you thrive in the workplace.
In-Demand Skills for Today's Auditors
Based on 450,893 job postings
Top 5 Specialized Skills for Auditors
Skills | Postings | % of Total Postings |
---|---|---|
Accounting | 373,800 | 83% |
Auditing | 255,433 | 57% |
Finance | 182,372 | 40% |
Financial Statements | 176,528 | 39% |
Generally Accepted Accounting Principles | 134,689 | 30% |
Top 5 Common Skills for Auditors
Skills | Postings | % of Total Postings |
---|---|---|
Communications | 176,543 | 39% |
Management | 167,668 | 37% |
Microsoft Excel | 129,124 | 29% |
Detail Oriented | 118,641 | 26% |
Operations | 92,826 | 21% |
Based on 450,893 job postings related to auditors, accounting was the top specialized skill sought by employers, with 83% of all postings looking for that skillset. Skills for auditing, finance, financial statements, generally accepted accounting principles and general ledger were also highly sought.
As for common skills, communications was the most desired skill found in job postings for auditors, followed by management, microsoft excel, detail oriented, operations and research.
Skill | Postings | % of Total Postings |
---|---|---|
Accounting | 373,800 | 83% |
Auditing | 255,433 | 57% |
Finance | 182,372 | 40% |
Financial Statements | 176,528 | 39% |
Generally Accepted Accounting Principles | 134,689 | 30% |
General Ledger | 99,733 | 22% |
Month-End Closing | 82,672 | 18% |
Internal Controls | 81,742 | 18% |
Accounts Payable | 76,382 | 17% |
Account Reconciliation | 70,320 | 16% |
External Auditing | 69,259 | 15% |
Balance Sheet | 69,007 | 15% |
Accounts Receivable | 67,984 | 15% |
Reconciliation | 67,541 | 15% |
Public Accounting | 67,110 | 15% |
Invoicing | 60,771 | 13% |
Internal Auditing | 51,559 | 11% |
Financial Analysis | 50,585 | 11% |
Fixed Asset | 43,697 | 10% |
Project Management | 43,488 | 10% |
Skill | Postings | % of Total Postings |
---|---|---|
Communications | 176,543 | 39% |
Management | 167,668 | 37% |
Microsoft Excel | 129,124 | 29% |
Detail Oriented | 118,641 | 26% |
Operations | 92,826 | 21% |
Research | 86,484 | 19% |
Writing | 80,994 | 18% |
Problem Solving | 80,461 | 18% |
Microsoft Office | 75,374 | 17% |
Budgeting | 67,342 | 15% |
Customer Service | 64,121 | 14% |
Leadership | 63,378 | 14% |
Planning | 53,830 | 12% |
Verbal Communication Skills | 53,718 | 12% |
Organizational Skills | 52,079 | 12% |
Self-Motivation | 51,883 | 12% |
Analytical Skills | 51,352 | 11% |
Multitasking | 46,534 | 10% |
Interpersonal Communications | 44,499 | 10% |
Time Management | 43,726 | 10% |
Most In-Demand Jobs for Auditors
Top 5 Posted Job Titles
Job Title | Postings | % of Total Postings |
---|---|---|
Accountants | 223,288 | 36.7% |
Staff Accountants | 135,519 | 22.3% |
Tax Accountants | 28,441 | 4.7% |
Internal Auditors | 22,911 | 3.8% |
Auditors | 24,782 | 4.1% |
According to job postings that were published between September 2021 and August 2022, the top job sought by employers was accountants, with 91,683 unique job postings. Staff accountants were second, with 11,048 postings, followed by tax accountants, internal auditors and auditors.
Expand the section below to see unique job postings for all occupations related to auditors.
Job Title | Postings | % of Total Postings |
---|---|---|
Accountants | 223,288 | 36.7% |
Staff Accountants | 135,519 | 22.3% |
Tax Accountants | 28,441 | 4.7% |
Internal Auditors | 22,911 | 3.8% |
Auditors | 24,782 | 4.1% |
Cost Accountants | 18,813 | 3.1% |
Project Accountants | 16,510 | 2.7% |
Audit Managers | 18,760 | 3.1% |
Property Accountants | 16,690 | 2.7% |
Audit Associates | 16,353 | 2.7% |
Tax Associates | 13,765 | 2.3% |
Certified Public Accountants | 9,525 | 1.6% |
Internal Audit Managers | 7,833 | 1.3% |
Revenue Accountants | 7,043 | 1.2% |
Fund Accountants | 7,201 | 1.2% |
Credentialed Tax Experts | 9,381 | 1.5% |
Financial Accountants | 7,782 | 1.3% |
Corporate Accountants | 7,243 | 1.2% |
General Ledger Accountants | 7,333 | 1.2% |
Payroll Accountants | 8,949 | 1.5% |
Additional Links
Ready to dig deeper into career information for auditors? Visit our other pages focused on salary and education for auditors.
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