As an auditor, you will conduct official reviews of an organisation’s financial records to verify its accuracy, reliability and legality.
Auditing professionals help to run an organisation efficiently by evaluating and analysing its financial records, processes and systems. They monitor whether the business is in compliance with various financial regulations and also ensure that the different stakeholders are getting a true picture of what’s happening in the business entity.
If you aim to become an auditor, you can start with Humanities, Commerce or Science stream at the 10+2 level. However, taking commerce stream would be advisable as it gives you a basic idea about commerce and the business environment where you career as an auditor would be.
There are various paths to a career as an Auditor, most of which require only a bachelor’s degree in any discipline. However taking a BCom degree would give you a better understanding of the field you are to work in.
After graduation, you can take the Certified Internal Auditor examination conducted by the Institute of Internal Auditors (USA). It is an online examination which can be given at various centres in India. You have to pass all the three components of the exam within a period of 4 years after you register for the exam.
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Auditors must have the skills to analyse and interpret simple and complex data to solve problems and make decisions.
Good communication skills are required for an auditor as they must be able to listen to the needs of the clients and communicate financial information effectively.
Auditors require basic skills in maths and statistics to analyze and interpret facts and figures.
Auditors often work with a team of professionals that handles financial reports of a variety of clients. Strong organizational skills are important for being able to coordinate and prepare these financial documents that belong to different type of businesses.
Auditors need to work within deadlines, and thus they should possess excellent time management skills to be competent and successful.
Many a time, auditors have to take the help of computers to solve complex problems in auditing.