Post job
zippia ai icon

Automatically apply for jobs with Zippia

Upload your resume to get started.

Associate auditor skills for your resume and career

Updated January 8, 2025
3 min read
Associate auditor example skills
Below we've compiled a list of the most critical associate auditor skills. We ranked the top skills for associate auditors based on the percentage of resumes they appeared on. For example, 15.4% of associate auditor resumes contained internal controls as a skill. Continue reading to find out what skills an associate auditor needs to be successful in the workplace.

15 associate auditor skills for your resume and career

1. Internal Controls

Here's how associate auditors use internal controls:
  • Assessed internal controls over financial reporting and over compliance, sampled and performed test of controls to determine its operating effectiveness.
  • Obtained an understanding of clients' business processes, identified operational inefficiencies and recommend improvement in clients' internal controls.

2. Financial Services

Financial services are economic services that are offered by the finance sector, which includes banks, financial institutes credit-card agencies, insurance companies, accountancy firms, and others that handles assets. Organizations in the financial services sector are concerned with money and risk management.

Here's how associate auditors use financial services:
  • Participated in audit engagements of public and private companies including financial services, telecommunications, consumer products, utilities and government.
  • Audited financial statements of clients in financial services, automotive and technology manufacturing and hospitality industries.

3. Internal Audit

Internal audit is an evaluation process that ensures that a company's risk management, governing body, and other internal processes are running effectively. People who perform internal audits must be highly qualified, have experience, and knowledge to work accordingly with the international standards and the code of ethics.

Here's how associate auditors use internal audit:
  • Lead internal audits to maintain company policy, investigate fraudulent activity, resolve inventory discrepancies and analyze financial reports and documentation.
  • Work collaboratively with internal auditors in identifying, developing and implementing strategies for improving audits pertaining to Operations.

4. Audit Procedures

Here's how associate auditors use audit procedures:
  • Designed and conducted 401k audit engagement including planning, creation of audit procedures and preparation of financial statements.
  • Audit Assistant: Executed assigned audit procedures including vouching, tracing, and verification of/preparation of fixed assets.

5. Audit Engagements

Audit engagements refer to the agreement between a third-party auditor and a client, whereby the auditor will conduct an audit on the client's business financials. This audit is often conducted on a particular part of the finances, such as the accounting records or financial statements, but may also include other areas of business including the business information systems and operations.

Here's how associate auditors use audit engagements:
  • Researched significant accounting/business issues and reporting requirements related to audit engagements; presented conclusions to engagement team and client management.
  • Planned and executed audit engagements for clients in various industries, including pharmaceutical, therapeutics, radio companies and non-for-profit entities

6. Risk Assessments

The process of analyzing and identifying the acts or events that have the potential to negatively affect an individual, asset, or business is called risk assessment. Risk assessments are important because they form an integral part of an organization as well as occupational safety plans

Here's how associate auditors use risk assessments:
  • Review and assess the accuracy, completeness, specificity and appropriateness of diagnosis codes identified in the health risk assessments/evaluations.
  • Participated in risk assessments, planning and executing information systems audits.

Choose from 10+ customizable associate auditor resume templates

Build a professional associate auditor resume in minutes. Our AI resume writing assistant will guide you through every step of the process, and you can choose from 10+ resume templates to create your associate auditor resume.

7. Professional Standards

Professional standards mean a set of ethics, practices, and behaviors that a particular professional group must follow or adhere to. Examples of such measures include accountability.

Here's how associate auditors use professional standards:
  • Prepared exit conference documentation and held exit conference on in-charge assignment and assumed responsibility for compliance with professional standards.
  • Interpret and analyze results and findings against defined criteria to ensure efficiency and completion in accordance to professional standards.

8. Fixed Assets

Here's how associate auditors use fixed assets:
  • Analyzed fixed asset additions and deletion and verified that fixed assets were sold or purchased by tracing transactions to supporting documentation.
  • Fixed Assets - Net Book Value recalculation, Accumulated Depreciation/Depreciation Expense recalculation, period roll forwards.

9. Securities

Here's how associate auditors use securities:
  • Confirmed international bank securities and financial instruments holdings, verifying portfolio and entitlement of interest / dividend payments.
  • Conduct quarterly Security Verification Audits for outstanding securities in accordance with Rule 17a-13.

10. Audit Findings

Here's how associate auditors use audit findings:
  • Perform follow-up activities for operational audit findings and ICFR testing to ensure appropriate management's response and implementation.
  • Prepared audit reports including audit findings, risk descriptions, recommendations for improvement and management responses.

11. Worksheets

Here's how associate auditors use worksheets:
  • Prepare Excel spreadsheets of testing worksheets for clients income and expense accounts.
  • Utilize Simplifi and various Excel worksheets for presentation of financials and to run analytical testing.

12. Audit Reports

Here's how associate auditors use audit reports:
  • Prepared audit reports, researched operational discrepancies, corrected sales and cash flow errors, monitored internal/external theft.
  • Evaluated internal control effectiveness, reviewed revenue recognition methodologies and co-drafted audit reports in IPO engagements.

13. Audit Methodology

Here's how associate auditors use audit methodology:
  • Utilized audit methodology to deliver quality service to a variety of clients ranging from technology to manufacturing to not-for profit clients.
  • Prepared work-papers that clearly documented understanding of audit methodology and US GAAP while maintaining an appropriate degree of professional skepticism.

14. Client Relationships

Here's how associate auditors use client relationships:
  • Managed day-to-day client relationships in the field; communicated and reported engagement status and significant accounting matters to supervisors and client management
  • Worked effectively in teams and maintained client relationships at a professional level.

15. Audit Issues

Here's how associate auditors use audit issues:
  • Communicated audit issues and suggested recommendations to management, and assisted with audit report writing.
  • Analyzed, documented, and discussed complex financial transactions and audit issues with engagement manager, partner and client.
top-skills

What skills help Associate Auditors find jobs?

Tell us what job you are looking for, we’ll show you what skills employers want.

List of associate auditor skills to add to your resume

Associate auditor skills

The most important skills for an associate auditor resume and required skills for an associate auditor to have include:

  • Internal Controls
  • Financial Services
  • Internal Audit
  • Audit Procedures
  • Audit Engagements
  • Risk Assessments
  • Professional Standards
  • Fixed Assets
  • Securities
  • Audit Findings
  • Worksheets
  • Audit Reports
  • Audit Methodology
  • Client Relationships
  • Audit Issues
  • PowerPoint
  • Business Processes
  • Real Estate
  • Audit Process
  • Audit Programs
  • Audit Services
  • Sarbanes-Oxley
  • SOX
  • US Gaap
  • Healthcare
  • Treasury
  • Upper Level Management
  • Assurance Services
  • Working Independently
  • Strong Analytical
  • Client Management
  • Audit Software
  • Develop Understanding
  • PCAOB
  • Work Ethic
  • Forensic Accounting
  • Taxation
  • Capital Assets
  • Technology Implementation
  • Financial Reports
  • Payroll
  • Audit Results
  • Financial Analysis
  • Audit Planning
  • Analytical Procedures
  • Financial Statement Audits

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Browse business and financial jobs