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Become An Audit Assistant

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Working As An Audit Assistant

  • Getting Information
  • Interacting With Computers
  • Processing Information
  • Documenting/Recording Information
  • Organizing, Planning, and Prioritizing Work
  • Mostly Sitting

  • Repetitive

  • $56,611

    Average Salary

What Does An Audit Assistant Do

Bookkeeping, accounting, and auditing clerks produce financial records for organizations. They record financial transactions, update statements, and check financial records for accuracy.

Duties

Bookkeeping, accounting, and auditing clerks typically do the following:

  • Use bookkeeping software, online spreadsheets, and databases
  • Enter (post) financial transactions into the appropriate computer software
  • Receive and record cash, checks, and vouchers
  • Put costs (debits) and income (credits) into the software, assigning each to an appropriate account
  • Produce reports, such as balance sheets (costs compared with income), income statements, and totals by account
  • Check for accuracy in figures, postings, and reports
  • Reconcile or note and report any differences they find in the records

The records that bookkeeping, accounting, and auditing clerks work with include expenditures (money spent), receipts (money that comes in), accounts payable (bills to be paid), accounts receivable (invoices, or what other people owe the organization), and profit and loss (a report that shows the organization’s financial health).

Workers in this occupation have a wide range of tasks. Some are full-charge bookkeeping clerks who maintain an entire organization’s books. Others are accounting clerks who handle specific tasks.

These clerks use basic mathematics (adding, subtracting) throughout the day.

Bookkeeping, accounting, and auditing clerks use specialized computer accounting software, spreadsheets, and databases to enter information from receipts or bills. They must be comfortable using computers to record and calculate data.

The widespread use of computers also has enabled bookkeeping, accounting, and auditing clerks to take on additional responsibilities, such as payroll, billing, purchasing (buying), and keeping track of overdue bills. Many of these functions require clerks to communicate with clients.

Bookkeeping clerks, also known as bookkeepers, often are responsible for some or all of an organization’s accounts, known as the general ledger. They record all transactions and post debits (costs) and credits (income).

They also produce financial statements and other reports for supervisors and managers. Bookkeepers prepare bank deposits by compiling data from cashiers, verifying receipts, and sending cash, checks, or other forms of payment to the bank.

In addition, they may handle payroll, make purchases, prepare invoices, and keep track of overdue accounts.

Accounting clerks typically work for larger companies and have more specialized tasks. Their titles, such as accounts payable clerk or accounts receivable clerk, often reflect the type of accounting they do.

The responsibilities of accounting clerks frequently vary by level of experience. Entry-level accounting clerks may post details of transactions (including date, type, and amount), add up accounts, and determine interest charges. They also may monitor loans and accounts to ensure that payments are up to date.

More advanced accounting clerks may add and balance billing vouchers, ensure that account data are complete and accurate, and code documents according to an organization’s procedures.

Auditing clerks check figures, postings, and documents to ensure that they are mathematically accurate and properly coded. They also correct or note errors for accountants or other workers to fix.

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How To Become An Audit Assistant

Most bookkeeping, accounting, and auditing clerks need some postsecondary education and also learn some of their skills on the job. They must have basic math and computer skills, including knowledge of spreadsheets and bookkeeping software.

Education

Employers generally require bookkeeping, accounting, and auditing clerks to have some postsecondary education, particularly coursework in accounting. However, some candidates can be hired with just a high school diploma.

Training

Bookkeeping, accounting, and auditing clerks usually get on-the-job training. Under the guidance of a supervisor or another experienced employee, new clerks learn how to do their tasks, including double-entry bookkeeping. In double-entry bookkeeping, each transaction is entered twice, once as a debit (cost) and once as a credit (income), to ensure that all accounts are balanced.

Some formal classroom training also may be necessary, such as training in specialized computer software. This on-the-job training typically takes around 6 months.

Licenses, Certifications, and Registrations

Some bookkeeping, accounting, and auditing clerks become certified. For those who do not have postsecondary education, certification is a particularly useful way to gain expertise in the field. The Certified Bookkeeper (CB) designation, awarded by the American Institute of Professional Bookkeepers, shows that those who have earned it have the skills and knowledge needed to carry out all bookkeeping tasks, including overseeing payroll and balancing accounts, according to accepted accounting procedures.

For certification, candidates must have at least 2 years of full-time bookkeeping experience or equivalent part-time work, pass a four-part exam, and adhere to a code of ethics.

The National Association of Certified Public Bookkeepers also offers certification. The Uniform Bookkeeper Certification Examination is an online test with 50 multiple-choice questions. Test takers must answer 75 percent of the questions correctly to pass the exam.

Advancement

With appropriate experience and education, some bookkeeping, accounting, and auditing clerks may become accountants or auditors.

Important Qualities

Computer skills. Bookkeeping, accounting, and auditing clerks need to be comfortable using computer spreadsheets and bookkeeping software.

Detail oriented. These clerks are responsible for producing accurate financial records. They must pay attention to detail in order to avoid making errors and recognize errors that others have made.

Integrity. Bookkeeping, accounting, and auditing clerks have control of an organization’s financial documentation, which they must use properly and keep confidential. It is vital that they keep records transparent and guard against misappropriating an organization’s funds.

Math skills. Bookkeeping, accounting, and auditing clerks deal with numbers daily and should be comfortable with basic arithmetic.

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Audit Assistant Career Paths

Audit Assistant
Senior Auditor Senior Accountant Accounting Manager
Accounting Director
11 Yearsyrs
Accountant Senior Accountant
Accounting Manager
8 Yearsyrs
Tax Preparer Bookkeeper Accounts Receivable Specialist
Accounts Receivable Manager
6 Yearsyrs
Staff Auditor Certified Public Accountant Accounts Receivable Specialist
Accounts Receivable/Credit Manager
6 Yearsyrs
Senior Accountant Assistant Vice President Office Manager
Administrative Manager
6 Yearsyrs
Staff Accountant Accounting Manager
Assistant Controller
6 Yearsyrs
Auditor Accountant Senior Auditor
Audit Manager
6 Yearsyrs
Tax Preparer Accounting Clerk Billing Specialist
Business Office Manager
8 Yearsyrs
Accountant Staff Accountant Accounting Manager
Controller
9 Yearsyrs
Senior Accountant Controller
Controller/Office Manager
7 Yearsyrs
Accounting Assistant Accountant Controller
Corporate Controller
11 Yearsyrs
Internal Auditor Bookkeeper Credit Analyst
Credit Manager
5 Yearsyrs
Senior Auditor Controller
Finance Controller
9 Yearsyrs
Staff Accountant Finance Analyst Senior Finance Analyst
Finance Manager
7 Yearsyrs
Accounting Assistant Staff Accountant Senior Finance Analyst
Manager Finance Planning And Analysis
8 Yearsyrs
Auditor Specialist Staff Accountant
Payroll Manager
8 Yearsyrs
Internal Auditor Office Manager Payroll Specialist
Payroll/Human Resource Manager
7 Yearsyrs
Finance Analyst Accounting Manager
Plant Controller
10 Yearsyrs
Finance Analyst Business Manager Account Executive
Relationship Manager
6 Yearsyrs
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Audit Assistant Demographics

Gender

Female

55.0%

Male

32.4%

Unknown

12.6%
Ethnicity

White

45.6%

Asian

27.6%

Hispanic or Latino

12.8%

Black or African American

9.0%

Unknown

5.1%
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Foreign Languages Spoken

Spanish

24.9%

Mandarin

22.8%

Chinese

19.2%

French

5.7%

Cantonese

5.7%

Japanese

3.1%

Vietnamese

2.1%

Hindi

2.1%

German

2.1%

Korean

1.6%

Italian

1.6%

Portuguese

1.6%

Amharic

1.6%

Swedish

1.0%

Russian

1.0%

Thai

1.0%

Urdu

1.0%

Arabic

1.0%

Romanian

0.5%

Cree

0.5%
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Audit Assistant Education

Schools

University of Phoenix

11.8%

Fordham University

11.2%

University of Texas at Dallas

9.5%

Temple University

7.7%

Hofstra University

5.3%

University of South Florida

4.1%

University of California - Riverside

4.1%

University of Illinois at Urbana-Champaign

4.1%

Strayer University

4.1%

Northeastern University

4.1%

University of Florida

3.6%

University of Maryland - College Park

3.6%

Arizona State University

3.6%

University of Southern California

3.6%

University of Oregon

3.6%

Drexel University

3.6%

State University of New York at Binghamton

3.6%

University of Rochester

3.0%

George Washington University

3.0%

Michigan State University

3.0%
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Majors

Accounting

46.0%

Business

19.8%

Finance

11.3%

Management

2.7%

Economics

2.1%

Criminal Justice

1.8%

Business/Commerce

1.7%

Marketing

1.7%

Political Science

1.4%

Health Care Administration

1.4%

English

1.3%

Law

1.2%

Nursing

1.1%

Education

1.1%

Psychology

1.1%

Computer Information Systems

1.1%

Biology

0.9%

Human Resources Management

0.9%

Information Technology

0.9%

Music

0.7%
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Degrees

Masters

36.2%

Bachelors

36.1%

Other

15.6%

Associate

6.1%

Certificate

3.4%

Diploma

1.5%

Doctorate

1.0%

License

0.1%
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Audit Assistant Videos

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Real Audit Assistant Salaries

Job Title Company Location Start Date Salary
Audit Senior Assistant Deloitte & Touche LLP Costa Mesa, CA Nov 28, 2016 $64,000
Audit Senior Assistant Deloitte & Touche LLP Vinita, OK Jan 10, 2015 $63,400
Audit Senior Assistant Deloitte & Touche LLP McLean, VA Jan 10, 2016 $61,200
Audit Senior Assistant Deloitte & Touche LLP Philadelphia, PA Jan 10, 2016 $60,200
Audit Senior Assistant Deloitte & Touche LLP Folsom, NJ Jan 10, 2016 $60,200
Audit Senior Assistant Deloitte & Touche LLP Los Angeles, CA Nov 16, 2016 $60,000
Audit Senior Assistant Deloitte & Touche LLP Stamford, CT Oct 24, 2016 $60,000
Audit Assistant Deloitte & Touche LLP New York, NY Jul 29, 2016 $60,000
Audit Senior Assistant Deloitte & Touche LLP Los Angeles, CA Nov 14, 2016 $60,000
Audit Assistant Deloitte & Touche LLP San Jose, CA Jul 23, 2016 $60,000
Audit Assistant Deloitte & Touche LLP San Jose, CA Oct 08, 2016 $60,000
Audit Senior Assistant Deloitte & Touche LLP Palm Beach Gardens, FL Jan 13, 2016 $60,000
Audit Senior Assistant Deloitte & Touche LLP Moonachie, NJ Jan 18, 2016 $60,000
Audit Senior Assistant Deloitte & Touche LLP Fort Lee, NJ Jan 18, 2016 $60,000
Audit Assistant Deloitte & Touche LLP New York, NY Jul 02, 2015 $56,992
Audit Senior Assistant Deloitte & Touche LLP Neenah, WI Jul 25, 2015 $56,400
Audit Senior Assistant Deloitte & Touche LLP New Orleans, LA Jan 14, 2016 $56,400
Audit Senior Assistant Deloitte & Touche LLP Islandton, SC Jul 25, 2015 $56,400
Audit Senior Assistant Deloitte & Touche LLP Newport, RI Jun 03, 2015 $56,400
Audit Senior Assistant Deloitte & Touche LLP New Orleans, LA Oct 05, 2015 $56,400
Audit Senior Assistant Deloitte & Touche LLP San Francisco, CA Mar 09, 2015 $56,181
Audit Senior Assistant Deloitte & Touche LLP San Francisco, CA Jul 23, 2015 $56,181
Audit Assistant Deloitte & Touche LLP McLean, VA Sep 09, 2016 $55,474
Audit Assistant Deloitte & Touche LLP McLean, VA Sep 21, 2016 $55,474
Audit Assistant Deloitte & Touche LLP McLean, VA Sep 07, 2016 $55,474
Audit Assistant Deloitte & Touche LLP McLean, VA Mar 09, 2016 $55,474
Audit Assistant Deloitte & Touche LLP McLean, VA Jun 08, 2016 $55,474
Audit Senior Assistant Deloitte & Touche LLP New York, NY Aug 24, 2015 $55,370
Audit Assistant Deloitte & Touche LLP McLean, VA Sep 04, 2015 $55,286
Audit Senior Assistant Deloitte & Touche LLP Detroit, MI Aug 27, 2015 $55,100

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Top Skills for An Audit Assistant

  1. Audit
  2. Financial Statements
  3. Assets
You can check out examples of real life uses of top skills on resumes here:
  • Participate in audit closure meetings to discuss findings and recommendations with management
  • Analyzed financial statements, audited internal control systems, recommended enhancement proposals, and presented findings to senior management team.
  • Requested bank confirmations and improve overall client relationships through regular communication with accounting managers.ASSETS & INTERESTS
  • Gathered payroll information from policyholder and/or agents.
  • Analyzed and presented thorough income statement and balance sheet account variance analysis.

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Top 10 Best States for Audit Assistants

  1. Alaska
  2. District of Columbia
  3. Tennessee
  4. Connecticut
  5. Pennsylvania
  6. New Jersey
  7. North Carolina
  8. Illinois
  9. Delaware
  10. Texas
  • (10 jobs)
  • (15 jobs)
  • (36 jobs)
  • (35 jobs)
  • (102 jobs)
  • (80 jobs)
  • (79 jobs)
  • (125 jobs)
  • (6 jobs)
  • (195 jobs)

Top Audit Assistant Employers

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Jobs From Top Audit Assistant Employers

Audit Assistant Videos

A Day in the Life - Auditor

Medical Coding Salary and Wage Information

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