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Home > Financial Services > Accountants > What Does It Take to Be an Auditor?
What Does It Take to Be an Auditor?
Being an auditor requires a series of skills as well as solid knowledge on different fields. As employers usually recognize technical and functional expertise based on these attributes, it is important for you to know and understand these traits; these are only general qualifications for an auditor job and typically you will not be required to have all of the qualities described here.
Auditors should be familiar with using mathematics to solve problems, employing reasoning and logic to recognize the advantages and disadvantages of alternative solutions, and conclusions or approaches to problems. They should be ready to recognize indicators or measures of system performance and prepared to take the necessary actions in order to improve or correct the performance in relation to the goals of the system.
Talking to others to convey information effectively and understanding written sentences and paragraphs in work related documents are skills necessary for every job, as it is common that employers require monitoring and assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Auditors need to be able to recognize complex problems and evaluate related data to develop and review options and implement solutions. Giving complete attention to what other people are saying, taking time to understand the statements being made, asking questions as appropriate, and not interrupting at inappropriate times are key skills for an auditor.
An auditor should also have knowledge in several fields, especially the understanding of the principles and practices of economics and accounting, banking, the financial markets, and the analysis and reporting of financial information. He/She should know arithmetic, algebra, calculus, statistics, geometry and their respective applications, as well as principles of management and business involved in strategic planning, human resources modeling, resource allocation, coordination of people and resources, leadership techniques, and production methods.
In addition, it is recommended that auditors are familiarized with the structure and content of the English language including the meaning and spelling, rules of composition and grammar, as well as with legal codes, laws, court procedures, precedents, executive orders, government regulations, agency rules and the democratic political process.
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