In the field of accounting, there are many career opportunities and the accounting auditing profession is just one of them. Auditing is very important and considered an integral part of corporate finance. Auditors are indispensable in reviewing, analyzing and verifying company finances.
The Labor Office says that accountants are in demand now and in the years to come. The hiring of auditors should increase over time. If you are still looking for a job in accounting, you might want to consider working as a corporate auditor.
What is an auditor? Auditors are also accountants. However, they mainly deal with the review and approval of financial statements. The different data is sifted through and the auditors make sure that everything “adds up”. Sometimes bugs and errors occur. The auditor's job is to determine where these errors or misstatements lie. Apart from this, auditors develop certain guidelines to avoid future mistakes.
If you think the auditor's job is simply to review the financial statements, then you are dead wrong. Auditors check the various invoices of the company and ensure that the debit and credit are correct. Errors are corrected immediately to avoid financial problems.
Government auditors differ from non-government auditors. As you can see, they are the ones looking from a different point of view - the tax point of view. Some of the tax returns submitted are suspicious, so the job of government auditors is to audit the individual or business entity and verify if they are accurate. A good example of this is a business that filed a tax return, claiming it incurred a lot of expenses.
IRS auditors will then audit said expenses to ensure that they meet the standards of tax law. If they do not meet the criteria, sanctions can be imposed on the company. Most tax auditors have a bad reputation, but they deserve better than that. You see, being a government auditor is one of the best jobs in accounting because it makes sure people are honest enough to file their tax returns and the government won't get cheated.
The accounting profession is driven by technology. Several years ago, validators worked manually but it is very different today. Existing auditors must know how to work with computers and complex software or accounting software. This is the only way to keep up with technology and stay competitive in the market.
If you ever want to become a corporate auditor, you must have a bachelor's degree in accounting. Certifications are often required, although some countries do not. More employment opportunities are open to those who have obtained a master's degree as well as certain certificates.
Salary is a very important consideration when choosing a career. Auditors earn an annual salary of approximately $54,000. Senior auditors receive higher salaries of up to $80,000 per year. However, if you are a new listener, you can earn around $35,000 per year. As you can see, accounting jobs allow you to earn a lot of money.
The starting salaries are reasonable and don't worry because after several years your salary will certainly increase. If accounting is your passion, choose the profession of accounting audit. Despite the bad reputation of auditors, you still have to believe in yourself and believe that you will get a decent job that will allow you to earn a reasonable salary.
who cares about what others say; The important thing is that you do a great job.