How do you answer why did you choose audit?

How to Answer “Why Audit?” Remember, the interviewer wants to learn what you can bring to the company and your level of enthusiasm for the role. Attention to detail and an ability to work as part of a team are important skills an auditor needs, in addition to an understanding of the math involved.

What are the benefits of being an auditor?

Benefits of Being Audited

• Determine adequacy of internal controls.
• Promote best practices for controls.
• Ensure compliance with policies and regulations.
• Identify operational inefficiencies and waste.
• Review IT projects, systems, and technology.
• Provide objective insight.
• Assess efficient and responsible use of resources.

What qualities do you need to be an auditor?

Key skills for auditors

• Meticulous attention to detail.
• A strong aptitude for maths.
• Excellent problem-solving skills.
• A keen interest in the financial system.
• Ability to work to deadlines, under pressure.
• Ability to work on your own initiative and as part of a team.
• Strong IT skills.

Why is auditing important?

Why are Audit’s important? An audit is important as it provides credibility to a set of financial statements and gives the shareholders confidence that the accounts are true and fair. It can also help to improve a company’s internal controls and systems.

What is it like being an auditor?

“Although audit is very client-facing, you’re adding minimal value to clients and the work is very dry.” Auditors’ biggest gripe is pay. You generally earn a lot less in auditing jobs with the big four than you do in consulting jobs with the same firms.

Why are IT audits important?

IT audits are important for evaluating internal control and processes in an effort to keep the organization and its data secure from external or internal threats.

What is the main role of an auditor?

An auditor is an authorised personnel that reviews and verifies the accuracy of financial records and ensures that companies comply with tax norms. Their primary objective is to protect businesses from fraud, highlight any discrepancies in accounting methods, among other things.

Why do want this job best answer?

‘This opportunity is really exciting for me as I will be able to…’ ‘I see the role as a way of developing my career in a forward-thinking/well-established company/industry as…’ ‘I feel I will succeed in the role because I have experience in/softs skills that demonstrate/ I’ve taken this course…’

What are the requirements to become an auditor?

The minimum qualification required to be an auditor is a bachelor’s degree in business or accounting. Candidates of other related fields can also apply for an auditor’s job.

What is the career path for an auditor?

Career Path of a Financial Auditor. A financial auditor can begin working in a junior position in the field immediately after obtaining a qualifying degree and a license or professional certification, if one is required. Some financial auditors transition into these positions after working in another business field, such as accounting,…

An audit facilitates the provision of advice that can have real financial benefits for a business, including how the business is running, what margins can be expected and how these can be achieved. An audit will enhance the credibility and reliability of the figures being submitted to prospective purchasers.

Why do you want to be an auditor?

Develop People Skills. Auditors learn how to work with people.