Miscellaneous

What skills do you need to be a good auditor?

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What skills do you need to be a good auditor?

Key skills for auditors

  • Meticulous attention to detail.
  • A strong aptitude for maths.
  • Excellent problem-solving skills.
  • A keen interest in the financial system.
  • Ability to work to deadlines, under pressure.
  • Ability to work on your own initiative and as part of a team.
  • Strong IT skills.

What does an auditor do at Big 4?

These four firms audit the financial statements for the vast majority of companies in the S&P 500. In addition to their auditing services, the Big Four also provides consulting, valuation, market research, assurance, and legal advisory services.

What an auditor should not do?

First and foremost, auditors do not take responsibility for the financial statements on which they form an opinion. The responsibility for financial statement presentation lies squarely in the hands of the company being audited.

What are your career goals for auditors?

Overall goals of an audit include increased operational efficiency, risk management and regulatory compliance.

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Is auditing a stressful job?

Introduction Internal auditing is considered a stressful occupation because the job is often characterized by heavy workloads, many deadlines, and time pressures.

Is being an auditor hard?

Auditing is a very tough job with tight deadlines and long hours but just a word of caution…a number of accounting jobs have the same stresses. Good luck with your career.

How do you handle difficult auditors?

Auditees

  1. Take a communication class on verbal and nonverbal skills.
  2. Get training on dealing with difficult people.
  3. Understand cultural differences.
  4. Explain to the auditee the benefit or requirement to the company.
  5. Ask open-ended questions from checklist.
  6. Stop an audit during difficult situations with auditees.

How do you behave in front of an auditor?

Audit Etiquette

  1. Do: Listen to questions carefully and ask for clarification when needed.
  2. Do: Answer completely, directly, and honestly.
  3. Do: Speak with authority.
  4. Do: Leave as soon as the interview is over.