Auditor

Auditors review companies' financial accounts to make sure that there are no irregularities, and write reports about their investigation.

Auditor Job Description

Develop an action plan to address any irregularities that cause financial risks.

Evaluate the effectiveness of internal financial processes.

Monitor the risk environment and look out for emerging financial risks.

Check the accuracy of companies' financial transactions (financial audit) and whether the manner of conducting business is efficient and effective (operational audit).

Prepare and communicate audit recommendations.

Note

Auditors can work as internal or external auditors. Internal auditors focus on one organisation, while external auditors, often freelancers, provide unbiased independent reports.

A day in the life

Auditor

Auditors aren't just math pros who sit at their desks crunching numbers all day. Find out more as Bing Yi shares about what he does in PwC.

What you should know about Auditor jobs in Singapore

Nature of Work

As Auditors, you’ll examine financial records to ensure accuracy and compliance, providing essential financial insights.

Key Advice

Learn how to navigate and use accounting software early. Expect to work long hours and overtime, especially when you're starting in the company.

Entry Requirements

Entry Requirements
A bachelor's degree in Business, Accounting, Finance, or equivalent, is preferred.

Look into organisations in Singapore, such as the Institute of Internal Auditors Singapore (IIA). A good qualification to attain would be the Certified Internal Auditor (CIA) credential. The CIA designation is the only globally accepted certification for internal auditors.
Possible Pathway

Possible Pathway

Skills you need to pursue an Auditor career in Singapore

Hard Skills

Business and Finance Knowledge

Effective comprehension of business operations and practices in assessing records and processes.

Familiar with Auditing and Assurance Standards

Applying international and local standards for accurate assessments.

Robotic Process Automation (RPA)

RPA skills enhance efficiency by automating data tasks and optimising workflows.

Soft Skills

Adaptability

Adaptability to evolving regulations, Auditing tech, and business practices ensure Audits stay relevant.

Innovative Problem Solving

Creativity in solving challenges is crucial for tackling complex scenarios and enhancing processes.

Attention to detail

Attention to detail is crucial for spotting discrepancies and maintaining high Audit quality.

“The industry is constantly evolving, you’ll always find yourself learning and working on new things.”

‎Bing Yi, Auditor

Frequently asked questions (FAQs)

Do Auditors travel?

If they want to, they can. As Auditors, many of them have an "office in a backpack" lifestyle. This means that their work location can vary between the office, their homes, and even client sites.
Do aspiring candidates need a certificate from the Association of Chartered Certified Accountants (ACCA) to be Auditors?

No. A degree in Accounting is sufficient. However, having an ACCA certification would be a bonus on their resume.
Can Auditors work as Consultants for organisations?

Yes they can. Auditors are experts in risk management, financial analysis and internal control systems can be valuable for organisations seeking advice on improving their operations with their insights and recommendations.
How do Auditors assess risk during an audit?

Auditors follow a systematic process that establishes the business' audit objective and its environment to identify, assess, prioritise, and evaluate determining risks.
What is the importance of ethical conduct in this profession?

Ethical conduct plays a critical role in maintaining public trust, professional integrity and professional reputation. Auditing is also governed by various regulations and standards, therefore Auditors have to remain vigilant and sceptical to identify potential fraud and errors.