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External Auditors are employed by companies that are legally required to have their financial reports and accounts reviewed and verified by an independent financial specialist in order to ensure that their financial reports are an accurate reflection of their financial status.
External Auditors work closely with their clients to review financial reporting systems and processes as well as analysing actual results before issuing final reports containing professional opinion on the accuracy of their clients' annual reports and financial statements.
Typical duties include:
External Auditors spend a significant amount of their working lives on client sites, so must be comfortable with extensive travel and time spent away from home. Auditors must have excellent verbal and written communication skills due to frequent interaction with clients and also the need to produce formal reports.
To become an Auditor you must be a qualified accountant, having completed the examinations from bodies such as the ACCA, ICAEW, ICAS or ICAI. You must retain your membership of your accounting body to work as an Auditor.
Recent salaries advertised on TopFinancialJobs (November 2009) include:
Are you an External Auditor? Would you like to contribute to our "Day in the Life of..." series? Email us at email@example.com for more details.