Companies Are Increasingly Hot on Auditing - PowerPoint PPT Presentation

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Companies Are Increasingly Hot on Auditing

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If you have studied finance and accountancy and have the required amount of experience, you will be well equipped to lead a team as a senior auditor. – PowerPoint PPT presentation

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Title: Companies Are Increasingly Hot on Auditing


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Companies Are Increasingly Hot on Auditing
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Companies Are Increasingly Hot on Auditing
  • As you can well imagine, a business without any
    accounting staff will not survive long. If you
    are qualified and have specialised in one of the
    many aspect of accountancy and are looking for a
    new position you may want to approach a few
    recruiters.
  • They have many positions on their books,
    including Audit Senior jobs. So, if you have been
    qualified in this area for some time, you will be
    greatly helped by putting your feelers out via a
    recruiting firm.

3
  • It will pay you to do your homework on what is
    involved in this job. A senior auditor plays a
    very important role in a company. They hold more
    power than a staff auditor, but they are
    answerable to the audit manager whose
    responsibility it is to look after the seniors
    and staff auditors.
  • There are two kinds of audit procedures and you
    will have to decide in which area you want to
    specialise in. There external audits and
    internal audits. If you work in the external
    audit field, you and your team collect and
    evaluate financial statements to see if they are
    correct.

4
  • This is basically to check if the accounts are
    error free and to look for signs of fraud within
    the company. Once verified, they are then
    presented to the creditors, government bodies and
    the board of directors.
  • Internal auditing is a different kettle of fish.
    Instead of checking financial statements these
    auditors are looking at whether the company is
    managing risks effectively by checking internal
    control systems. Once they have reviewed
    efficiency they will make recommendations on how
    to improve the various systems.

5
  • Once you have made your choice in which way you
    want your auditing career to go, you can then
    start learning the process as a senior member of
    the team. The department manager will hand out
    assignments to the senior auditor that have to be
    evaluated and reported within the given deadline.
    Of course you as the senior member of the team
    will assign specific task to the junior members
    of the team.
  • Once the assignments have been completed it falls
    to the senior member to check if they have any
    errors. After all is present and correct the
    senior auditor will then write up a report which
    will contain recommendations. So you can see
    that external auditors look at reports and the
    internal ones will look at the process which
    leads to the reports.

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  • If you can see yourself in this position you will
    obviously have to study finance and accountancy.
    You will then also have the required years of
    experience in your chosen field to be considered
    for a senior post.
  • It is a good area to seek advancement as
    companies are increasingly looking at tightening
    up risks and internal controls.

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  • Pro-Recruitment Group Ltd
  • https//www.pro-recruitment.co.uk/progroup
  • Telephone 44 (0)20 7269 6333
  • Email Info_at_pro-recruitment.co.uk
  • 20 - 23 Greville StreetLondon, EC1N 8SS
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