If you have ever given thought to working within the financial sector, you may have wondered about what processes you must complete to become an auditor. Below you will find basic information regarding the types of educational requirements, certifications, and experience one should obtain in order to become a marketable job candidate within this field.
Auditor – A Brief Overview
An auditor is an individual who prepares and examines a business’s financial reports and records. To facilitate the optimal financial functioning of the businesses they work for, auditors ensure that taxes are paid in a timely manner while also making sure that financial records are as accurate as possible. To accomplish these objectives, auditors analyze financial operations and perform work that precipitates the efficient functioning of an organization.
Becoming an Auditor
Generally, individuals who wish to become auditors will obtain a bachelor’s degree in a field such as accounting. In earning this degree, the aspiring auditor will obtain the information and experience necessary to succeed in the field. There are three types of accounting degrees one can earn: the associate’s, bachelor’s, or master’s. According to the article, Should I Earn an Accounting Degree? , most employers will require that job candidates obtain a bachelor’s degree in accounting or a field related to accounting. If you opt to obtain an associate’s degree, the process will typically take around two years. Those who choose to earn a bachelor’s can expect to be in school for four years. Finally, individuals who opt to obtain a master’s can typically do so within two years after earning their bachelor’s.
Accounting Certification – A Brief Overview
In addition to attaining a formal degree, individuals who choose to become auditors should think about the
value of obtaining the certification necessary to become a Certified Public Accountant (CPA). Earning this certification can improve your likelihood of getting a job within the accounting sector, and some employers may even require that you have it in order to gain employment with their company. The Uniform Certified Public Accountant Examination is used in all fifty states of America as well as Guam, the District of Columbia, the U.S. Virgin Islands, the Northern Mariana Islands, and Puerto Rico. The American Institute of Certified Public Accountants (AICPA) develops, maintains, and scores the CPA Exam. The exam is administered through Prometric test centers that work in conjunction with the National Association of State Boards of Accountancy (NASBA).
Earning a degree as well as the CPA certification are both great steps you can take towards becoming an auditor. Additionally, you can make yourself an even more marketable job candidate by completing an internship. Internships are valuable for many reasons, including the fact that they provide you with the type of hands-on experience that grants you an understanding of how the world of accounting really works. In gaining this experience, you will likely be able to better handle the transitional period from the world of the accounting classroom to the world of actual work. Additionally, attaining and completing an internship affords you the opportunity to network with potential employers and other individuals who may become mentors or colleagues.
If you have ever given any consideration to becoming an auditor, you should know that doing so can function as the start of an amazing career. Now that you have a basic understanding of how to become an auditor, you can begin the process of accomplishing your professional goal.