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Corporate Auditor Overview

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Working As a Corporate Auditor

  • Getting Information
  • Evaluating Information to Determine Compliance with Standards
  • Communicating with Supervisors, Peers, or Subordinates
  • Updating and Using Relevant Knowledge
  • Analyzing Data or Information
  • Deal with People

  • Mostly Sitting

  • $73,000

    Average Salary

What Does A Corporate Auditor Do

Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time. Accountants and auditors assess financial operations and work to help ensure that organizations run efficiently. 


Accountants and auditors typically do the following:

  • Examine financial statements to ensure that they are accurate and comply with laws and regulations
  • Compute taxes owed, prepare tax returns, and ensure that taxes are paid properly and on time
  • Inspect account books and accounting systems for efficiency and use of accepted accounting procedures
  • Organize and maintain financial records
  • Assess financial operations and make best-practices recommendations to management
  • Suggest ways to reduce costs, enhance revenues, and improve profits

In addition to examining and preparing financial documentation, accountants and auditors must explain their findings. This includes preparing written reports and meeting face-to-face with organization managers and individual clients.

Many accountants and auditors specialize, depending on the particular organization that they work for. Some work for organizations that specialize in assurance services (improving the quality or context of information for decisionmakers) or risk management (determining the probability of a misstatement on financial documentation). Other organizations specialize in specific industries, such as healthcare.

Some workers with a background in accounting and auditing teach in colleges and universities. For more information, see the profile on postsecondary teachers.

The following are examples of types of accountants and auditors:

Public accountants perform a broad range of accounting, auditing, tax, and consulting tasks. Their clients include corporations, governments, and individuals.

Public accountants work with financial documents that clients are required by law to disclose. These include tax forms and balance sheet statements that corporations must provide potential investors. For example, some public accountants concentrate on tax matters, advising corporations about the tax advantages of certain business decisions or preparing individual income tax returns.

Public accountants, many of whom are Certified Public Accountants (CPAs), generally have their own businesses or work for public accounting firms. Publicly traded companies are required to have CPAs sign documents they submit to the Securities and Exchange Commission (SEC), including annual and quarterly reports.

Some public accountants specialize in forensic accounting, investigating financial crimes such as securities fraud and embezzlement, bankruptcies and contract disputes, and other complex and possibly criminal financial transactions. Forensic accountants combine their knowledge of accounting and finance with law and investigative techniques to determine if an activity is illegal. Many forensic accountants work closely with law enforcement personnel and lawyers during investigations and often appear as expert witnesses during trials.

Management accountants, also called cost, managerial, industrial, corporate, or private accountants, record and analyze the financial information of the organizations for which they work. The information that management accountants prepare is intended for internal use by business managers, not by the general public.

Management accountants often work on budgeting and performance evaluation. They also may help organizations plan the cost of doing business. Some may work with financial managers on asset management, which involves planning and selecting financial investments such as stocks, bonds, and real estate.

Government accountants maintain and examine the records of government agencies and audit private businesses and individuals whose activities are subject to government regulations or taxation. Accountants employed by federal, state, and local governments ensure that revenues are received and spent in accordance with laws and regulations.

Internal auditors check for mismanagement of an organization’s funds. They identify ways to improve the processes for finding and eliminating waste and fraud. The practice of internal auditing is not regulated, but The Institute of Internal Auditors (IIA) provides generally accepted standards.

External auditors perform similar duties as internal auditors, but are employed by an outside organization, rather than the one they are auditing. They review clients’ financial statements and inform investors and authorities that the statements have been correctly prepared and reported.

Information technology auditors are internal auditors who review controls for their organization’s computer systems, to ensure that the financial data comes from a reliable source.

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How To Become A Corporate Auditor

Most accountants and auditors need at least a bachelor’s degree in accounting or a related field. Certification within a specific field of accounting improves job prospects. For example, many accountants become Certified Public Accountants (CPAs).  


Most accountant and auditor positions require at least a bachelor’s degree in accounting or a related field. Some employers prefer to hire applicants who have a master’s degree, either in accounting or in business administration with a concentration in accounting.

A few universities and colleges offer specialized programs, such as a bachelor’s degree in internal auditing. In some cases, those with associate’s degrees, as well as bookkeepers and accounting clerks who meet the education and experience requirements set by their employers, get junior accounting positions and advance to accountant positions by showing their accounting skills on the job.

Many colleges help students gain practical experience through summer or part-time internships with public accounting or business firms.

Licenses, Certifications, and Registrations

Every accountant filing a report with the Securities and Exchange Commission (SEC) is required by law to be a Certified Public Accountant (CPA). Many other accountants choose to become a CPA to enhance their job prospects or to gain clients. Many employers will often pay the costs associated with the CPA exam.

CPAs are licensed by their state’s Board of Accountancy. Becoming a CPA requires passing a national exam and meeting other state requirements. Almost all states require CPA candidates to complete 150 semester hours of college coursework to be certified, which is 30 hours more than the usual 4-year bachelor’s degree. Many schools offer a 5-year combined bachelor’s and master’s degree to meet the 150-hour requirement, but a master’s degree is not required.

A few states allow a number of years of public accounting experience to substitute for a college degree.

All states use the four-part Uniform CPA Examination from the American Institute of Certified Public Accountants (AICPA). Candidates do not have to pass all four parts at once, but most states require that they pass all four parts within 18 months of passing their first part.

Almost all states require CPAs to take continuing education to keep their license.

Certification provides an advantage in the job market because it shows professional competence in a specialized field of accounting and auditing. Accountants and auditors seek certifications from a variety of professional societies. Some of the most common certifications are listed below:

The Institute of Management Accountants offers the Certified Management Accountant (CMA) to applicants who complete a bachelor’s degree. Applicants must have worked at least 2 years in management accounting, pass a two-part exam, agree to meet continuing education requirements, and comply with standards of professional conduct. The exam covers areas such as financial statement analysis, working-capital policy, capital structure, valuation issues, and risk management. 

The Institute of Internal Auditors (IIA) offers the Certified Internal Auditor (CIA) to graduates from accredited colleges and universities who have worked for 2 years as internal auditors and have passed a four-part exam. The IIA also offers the Certified in Control Self-Assessment (CCSA), Certified Government Auditing Professional (CGAP), Certified Financial Services Auditor (CFSA), and Certification in Risk Management Assurance (CRMA) to those who pass the exams and meet educational and experience requirements.

ISACA offers the Certified Information Systems Auditor (CISA) to candidates who pass an exam and have 5 years of experience auditing information systems. Information systems experience, financial or operational auditing experience, or related college credit hours can be substituted for up to 3 years of experience in information systems auditing, control, or security.

For accountants with a CPA, the AICPA offers the option to receive any or all of the Accredited in Business Valuation (ABV), Certified Information Technology Professional (CITP), or Personal Financial Specialist (PFS) certifications. The ABV requires a written exam, completion of at least six business valuation projects, and 75 hours of continuing education. The CITP requires 1,000 hours of business technology experience and 75 hours of continuing education. Candidates for the PFS also must complete a certain amount of work experience and continuing education, and pass a written exam.


Some top executives and financial managers have a background in accounting, internal auditing, or finance.

Beginning public accountants often advance to positions with more responsibility in 1 or 2 years and to senior positions within another few years. Those who excel may become supervisors, managers, or partners; open their own public accounting firm; or transfer to executive positions in management accounting or internal auditing in private firms.

Management accountants often start as cost accountants, junior internal auditors, or trainees for other accounting positions. As they rise through the organization, they may advance to accounting manager, chief cost accountant, budget director, or manager of internal auditing. Some become controllers, treasurers, financial vice presidents, chief financial officers, or corporation presidents.

Public accountants, management accountants, and internal auditors can move from one aspect of accounting and auditing to another. Public accountants often move into management accounting or internal auditing. Management accountants may become internal auditors, and internal auditors may become management accountants. However, it is less common for management accountants or internal auditors to move into public accounting.

Important Qualities

Analytical skills. Accountants and auditors must be able to identify issues in documentation and suggest solutions. For example, public accountants use analytical skills in their work to minimize tax liability, and internal auditors use these skills to detect fraudulent use of funds.  

Communication skills. Accountants and auditors must be able to listen carefully to facts and concerns from clients, managers, and others. They must also be able to discuss the results of their work in both meetings and written reports.

Detail oriented. Accountants and auditors must pay attention to detail when compiling and examining documentation.

Math skills. Accountants and auditors must be able to analyze, compare, and interpret facts and figures, although complex math skills are not necessary.

Organizational skills. Strong organizational skills are important for accountants and auditors who often work with a range of financial documents for a variety of clients.

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Corporate Auditor Career Paths

Corporate Auditor
Manager Office Manager Controller
Controller, Vice President
11 Yearsyrs
Manager Controller
Regional Controller
10 Yearsyrs
Manager Office Manager Accounting Manager
Plant Controller
10 Yearsyrs
Finance Manager Finance Director
Senior Director Of Finance
14 Yearsyrs
Finance Manager Controller
Director Of Administration & Finance
11 Yearsyrs
Finance Manager Manager Finance Planning And Analysis Finance Director
Director Of Accounting & Finance
11 Yearsyrs
Senior Auditor Senior Accountant Accounting Manager
Senior Accounting Manager
10 Yearsyrs
Senior Auditor Senior Accountant Senior Finance Analyst
Finance Planning Manager
8 Yearsyrs
Senior Auditor Accounting Manager
Division Controller
9 Yearsyrs
Internal Audit Manager Assistant Controller
Assistant Director Of Finance
7 Yearsyrs
Internal Audit Manager Assistant Controller Tax Manager
Senior Tax Manager
11 Yearsyrs
Internal Audit Manager Assistant Controller Plant Controller
Divisional Controller
9 Yearsyrs
Senior Finance Analyst Accounting Supervisor
Corporate Accounting Manager
8 Yearsyrs
Senior Finance Analyst Accounting Supervisor Cost Accounting Supervisor
Cost Accounting Manager
7 Yearsyrs
Audit Manager Finance Controller Manager Finance Planning And Analysis
Regional Finance Manager
9 Yearsyrs
Audit Manager Corporate Accounting Manager
Reporting Manager
8 Yearsyrs
Senior Internal Auditor Auditor Supervisor
Audit Manager
6 Yearsyrs
Senior Internal Auditor Accounting Supervisor
Manager, Accounting Operations
7 Yearsyrs
Senior Internal Auditor Plant Controller
Finance Leader
7 Yearsyrs
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Average Length of Employment
Corporate Officer 5.0 years
Auditor Supervisor 3.7 years
Senior Auditor 3.6 years
Lead Auditor 3.5 years
Internal Auditor 3.0 years
Corporate Auditor 3.0 years
Control Analyst 3.0 years
Compliance Auditor 2.8 years
Audit Specialist 2.8 years
Finance Auditor 2.8 years
Auditor 2.5 years
Auditor/Consultant 2.3 years
Staff Auditor 2.1 years
Contractor Auditor 2.1 years
Associate Auditor 1.8 years
Top Careers Before Corporate Auditor
Auditor 10.0%
Accountant 5.9%
Manager 3.1%
Internship 2.9%
Consultant 2.7%
Top Careers After Corporate Auditor
Controller 8.3%
Manager 7.3%
Consultant 5.0%
Director 3.6%
Accountant 3.1%

Do you work as a Corporate Auditor?

Average Yearly Salary
Show Salaries
Min 10%
Median 50%
Median 50%
Median 50%
Median 50%
Median 50%
Median 50%
Median 50%
Max 90%
Best Paying Company
Southern California Edison
Highest Paying City
Boston, MA
Highest Paying State
New York
Avg Experience Level
3.0 years
How much does a Corporate Auditor make at top companies?
The national average salary for a Corporate Auditor in the United States is $73,569 per year or $35 per hour. Those in the bottom 10 percent make under $56,000 a year, and the top 10 percent make over $95,000.

Real Corporate Auditor Salaries

Job Title Company Location Start Date Salary
Auditor, Corporate (Management Accounting) Fresh Start Bakeries, Inc. Brea, CA Jan 01, 2011 $120,000
Auditor, Corporate (Management Accounting) La Brea Bakery Holdings, Inc. CA Nov 01, 2010 $120,000
Auditor, Corporate (Management Accounting) IAWS U.S. Holdings, Co. & Subsidiaries CA Nov 15, 2010 $120,000
Auditor, Corporate (Management Accounting) IAWS U.S. Holdings, Co. & Subsidiaries CA Dec 01, 2010 $120,000
Audit Senior-Corporate State Street Bank and Trust Company Boston, MA Aug 30, 2010 $89,500 -
Auditor (Corporate Finance) Warwick Hotel Dbawarwick Denver Hotel Denver, CO Jan 28, 2016 $89,336
Corporate Controls Auditor Vanguard Natural Resources, LLC Houston, TX May 17, 2016 $83,200
Corporate Auditor TYCO Healthcare Group LP Mansfield, MA Sep 13, 2012 $77,896
Corporate Auditor-IT Bridgestone Americas, Inc. Nashville, TN Sep 24, 2010 $74,400
Corporate Auditor Bridgestone Americas, Inc. Nashville, TN Jan 15, 2010 $69,180
Corporate Auditor Bridgestone Americas, Inc. Nashville, TN Feb 01, 2010 $69,180
Corporate Auditor A. Schulman, Inc. Akron, OH Sep 01, 2011 $66,927
Senior Corporate Auditor Asbury Automotive Group, Inc. Duluth, GA Nov 10, 2014 $61,382 -
SR. Corporate Auditor Baker Hughes Incorporated Houston, TX Sep 01, 2011 $61,000 -
Internal Corporate Auditor Aderans America Holdings, Inc. Boca Raton, FL Jan 05, 2015 $60,102
Corporate System Auditor M-TEK, Inc. Manchester, TN Sep 01, 2015 $60,000

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Top Skills for A Corporate Auditor

  1. Audit Procedures
  2. Final Audit Reports
  3. Financial Statements
You can check out examples of real life uses of top skills on resumes here:
  • Developed and implemented fraud related audit procedures to enhance the financial and operational audits.
  • Prepared and issued final audit reports, with management action plans within 30 days after fieldwork ends.
  • Perform more complex recurring and non-recurring financial audits to assist the external auditors in formulating an audit opinion regarding financial statements.
  • Supported the evaluation of controls over financial reporting by reviewing manual journal entries to ensure compliance with established financial reporting guidelines.
  • Identified areas of risk exposure through analyses and evaluation of internal controls as well as in-depth interviews with executive management.


Average Salary:

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Top 10 Best States for Corporate Auditors

  1. District of Columbia
  2. Connecticut
  3. New York
  4. Maine
  5. New Jersey
  6. Illinois
  7. Texas
  8. Virginia
  9. Kansas
  10. West Virginia
  • (97 jobs)
  • (120 jobs)
  • (330 jobs)
  • (23 jobs)
  • (190 jobs)
  • (357 jobs)
  • (588 jobs)
  • (348 jobs)
  • (53 jobs)
  • (14 jobs)

Corporate Auditor Demographics










Hispanic or Latino


Black or African American





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Corporate Auditor Education


University of Phoenix


University of Houston


Pennsylvania State University


Ohio State University


Michigan State University


Drexel University


Arizona State University


University of Southern California


University of Connecticut


University of Florida


Case Western Reserve University


University of Nevada - Reno


Syracuse University


New York University


Columbia Southern University


University of Akron


University of Texas at Austin


Harvard University


DePaul University


Purdue University

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Criminal Justice


Computer Science


Information Systems


Project Management


Human Resources Management




Electrical Engineering








Health Care Administration


Computer Information Systems


Automotive Technology





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Updated May 19, 2020