Auditors

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About the Job

Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.

It is also Called

  • Account Auditor
  • Accounting Auditor
  • Asset Analyst
  • Assurance Manager
  • Assurance Senior
  • Audit Associate
  • Audit Manager
  • Auditor
  • Auditor-in-Charge
  • Audit Partner
View All

What They Do

  • Prepare detailed reports on audit findings.
  • Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
  • Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
  • Supervise auditing of establishments, and determine scope of investigation required.
  • Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
  • Prepare, analyze, and verify annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning.
  • Review data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
  • Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
  • Confer with company officials about financial and regulatory matters.
  • Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.

Interests

People who work in this occupation generally have the interest code: CEI.

This means people who work in this occupation generally have Conventional interests, but also prefer Enterprising and Investigative environments.

Work Values

People who work in this occupation generally prize Independence, but also value Achievement and Recognition in their jobs.

Things They Need to Know

  • 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.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • 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.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

Things They Need to Be Able to Do

  • 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.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Speaking - Talking to others to convey information effectively.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  • Mathematics - Using mathematics to solve problems.

Education Required

Most of these occupations require a four-year bachelor's degree, but some do not.

Wages

In 2018, the average annual wage in Kansas City, MO-KS was $68,280 with most people making between $39,390 and $104,090

Outlook

7.99%
avg. annual growth

During 2014, this occupation employed approximately 6,109 people in Kansas City, MO-KS. It is projected that there will be - employed in 2024.

This occupation will have about 488 openings due to growth and about 1,630 replacement openings for approximately 2,118 total annual openings.



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