An account auditor is a specialist who performs inspections and verification of financial accounts belonging to organizations in both commercial and public sectors.
Their principal role is to make sure that the organization's financial records are valid and legal, examining the money that goes in and out, and if the amounts have undergone the correct process. When they are done with their investigation, they will write and submit a report.
They may also assume advisory roles, as they provide recommendations of possible risk aversion measures and cost-saving options.
The demand for the account auditor is high across a huge spectrum of firms, having the typical 9-to-5 working hours during the regular workdays. They might render extra hours if there are tax audits and related works that need to be accomplished on a deadline.
Career opportunities vary depending on the candidates' preference between an internal or an external audit. Nonetheless, the account auditor needs to meet professional accounting qualifications.
How to Become an Account Auditor
There is more than meets the eye when it comes to being an account auditor. For example, did you know that they make an average of $36.43 an hour? That's $75,767 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 90,700 job opportunities across the U.S.
What Does an Account Auditor Do
There are certain skills that many account auditors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and detail oriented.
How To Become an Account Auditor
If you're interested in becoming an account auditor, one of the first things to consider is how much education you need. We've determined that 68.1% of account auditors have a bachelor's degree. In terms of higher education levels, we found that 10.0% of account auditors have master's degrees. Even though most account auditors have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an account auditor. When we researched the most common majors for an account auditor, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on account auditor resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an account auditor. In fact, many account auditor jobs require experience in a role such as accountant. Meanwhile, many account auditors also have previous career experience in roles such as accounts payable clerk or staff accountant.
Account Auditor Career Paths
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of accountant you might progress to a role such as senior accountant eventually. Later on in your career, you could end up with the title accounting director.
Average Salary for an Account Auditor
What Am I Worth?
Top Colleges for Account Auditors
1. University of Pennsylvania
Philadelphia, PA • Private
2. Northwestern University
Evanston, IL • Private
3. University of Southern California
Los Angeles, CA • Private
4. SUNY at Binghamton
Vestal, NY • Private
5. Villanova University
Villanova, PA • Private
6. San Diego State University
San Diego, CA • Private
7. Bentley University
Waltham, MA • Private
8. SUNY Farmingdale
Farmingdale, NY • Private
9. Boston University
Boston, MA • Private
10. SUNY Stony Brook
Stony Brook, NY • Private
Top Skills For an Account Auditor
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 34.9% of account auditors listed internal audit on their resume, but soft skills such as analytical skills and communication skills are important as well.
Choose From 10+ Customizable Account Auditor Resume templates
Zippia allows you to choose from different easy-to-use Account Auditor templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Account Auditor resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Account Auditor Demographics
Account Auditor Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among account auditors, 60.4% of them are women, while 39.6% are men.
- The most common race/ethnicity among account auditors is White, which makes up 67.5% of all account auditors.
- The most common foreign language among account auditors is Spanish at 45.9%.
Online Courses For Account Auditor That You May Like
Subsidiary ledgers for accounts receivable & accounts payable. Special Journals - Sales journal, purchases journal...
Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...
Adjusting entry creation, posting adjusting entries to a worksheet, creating financial statements from the trial balance...
Best States For an Account Auditor
Some places are better than others when it comes to starting a career as an account auditor. The best states for people in this position are New York, New Jersey, Massachusetts, and Connecticut. Account auditors make the most in New York with an average salary of $96,835. Whereas in New Jersey and Massachusetts, they would average $92,572 and $85,534, respectively. While account auditors would only make an average of $85,280 in Connecticut, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. Delaware
$84,056
Avg. Salary
2. Connecticut
$85,280
Avg. Salary
3. Massachusetts
$85,534
Avg. Salary
How Do Account Auditor Rate Their Jobs?
Top Account Auditor Employers
Most Common Employers For Account Auditor
| Rank  | Company  | Average Salary  | Hourly Rate  | Job Openings  |
|---|---|---|---|---|
| 1 | $135,951 | $65.36 | 10 | |
| 2 | Microsoft | $128,619 | $61.84 | 45 |
| 3 | Dell | $117,012 | $56.26 | 10 |
| 4 | Morgan Stanley | $110,649 | $53.20 | 10 |
| 5 | IBM | $105,519 | $50.73 | 10 |
| 6 | Apple | $96,704 | $46.49 | 20 |
| 7 | Credit Suisse | $96,046 | $46.18 | 20 |
| 8 | Goldman Sachs | $95,046 | $45.70 | 17 |
| 9 | JPMorgan Chase & Co. | $94,129 | $45.25 | 12 |
| 10 | Burlington | $92,957 | $44.69 | 10 |
Account Auditor Videos
