Examine the financial reports of companies for accuracy.
What does an Auditor do?
The job of an auditor is closely related to that of an accountant. As an auditor, you review the financial records of companies, which can include taxes, receipts, and purchase orders. You scrutinize financial statements to make sure all the information contained in them is accurate and complies with federal law. And after checking the veracity of the financial records, you’re often expected to make recommendations to amend conditions that might impact the organization in a negative way.
As an auditor, you’re also responsible for evaluating the level of efficiency present in the production processes of a business. For example, you assess whether or not labor and other resources are being used efficiently.
You can be an internal auditor, which means you audit the records of the business that employs you, or an external auditor, which means you work with more than one company or individual. As an auditor you can also focus on a subspecialty. One example is the payroll auditor, whose job is to examine a company’s payroll and personnel records to determine worker’s compensation coverage.