The field of auditing is a fascinating specialty, applying to service companies, commercial companies, and industries. An auditor organizes the audit plans, reports, and supporting documents. Do you have the necessary qualities and qualifications for this sensitive job? Do you meet the requirements, and are you going to meet employers to prove your conformity with the terms and Conditions? Here is an article covering the auditing career and the common interview questions.

Why Being an Auditor is a Good Career Choice?

Auditing is a perfect career plan for fresh graduates. If you wonder about the benefits of this profession, its qualities, and what makes it a good career choice, you are on the correct token. All you need to do is sign in to Fratres after choosing your country and look at the career advice section to learn about the best career guidelines for 2021. Concerning auditing, this field technically leads to everything. That is, graduates who are looking for a first job without a tough job search race can quickly get auditing offers. This field has many advantages compared to jobs in the banking sector, which require a lengthy recruitment process. So to sum up the points of making auditing a good career choice:

1.The availability of recruitment for fresh graduates and professional audits.

2.Managing various missions, among them coordinating between the company and the manager.

3. Adding to the diversity of missions and clients, the work environment varies as well, depending on the need for auditing services. For instance, an audit offers services each week in a diverse workplace. He can audit bank accounts one week, then for a leasing institution, and an insurance company the following week.

4. The possibility of discovering a company in all its aspects and having a broad knowledge of all the company’s operations.

5.A very motivating salary.

These were the five fundamental points that make auditing a top career choice.

Who Cannot Become an Auditor?

Despite being a massively demanded job, is auditing accessible to everyone? Can anyone become an auditor? The answer is specifying the requirements of an auditor. Those who don’t have the required qualifications, qualifications, and skills are not applied for the job.

An auditor is a chartered accountant with a Certificate of practice. Some educational fulfillment can lead to the same position:

A bachelor's degree in accountancy, commerce, and finance with an internship in auditing tasks.

An MBA: some employers hire auditors with a master’s degree

Therefore, people who don’t have one of these mentioned degrees cannot apply for the job or get eligible for the position.

Do Auditors Travel a Lot?

One of the auditors’ qualities is flexibility. An auditor operates in various work environments and institutions. This question opens the path to the difference between an internal auditor and an external one.

1. Internal auditors, as their names can tell, are already part of the company’s employees. They primarily focus on the non-financial information of the concerned organization, such as studying the risks and the systems behind its governance.
2. External auditors work on the financial information of various institutions. They are hired from an audit firm, and they operate under demand.

From this simple comparison, you can conclude that external auditors travel a lot, depending on the mission’s place, while internal auditors don’t.

 Here is another list of the jobs in which you can travel. 

 Are IT Auditors in Demand?

Living in the age of technology, IT Auditors have become in massive demand with an exciting income. IT auditing is a combination of information technology and accounting qualifications. IT auditors draw up an audit report for the organization’s infrastructure and provide the necessary adjustments to verify its operations' effectiveness. IT auditors control the IT systems and identify the causes of non-conformity on corrective action sheets.

Do Auditors Make Good Money?

They do! Many are wondering how much does an auditor make? The answer depends on the type of job title, the organization, and the level of expertise. Here are some numbers:

An entry-level internal auditor makes up to 52,000$ per year.

An entry-level external auditor makes up to 2,450 $ per year.

An IT auditor can earn between 45,000$ and 75,000$ per year.

Now, after getting an exciting idea about the auditing careers, let’s take a look at some common interview questions that many potential applicants are expecting:

Why Did You Choose to Be an Auditor?

Asking the candidate why this job? It is one of the employers' quests for the applicants’ motives and potential goals behind this application. But, the question centers around a specific career, and the answer should not be very general. You can say, for example:

I choose to be an auditor for various reasons. First, I completed the necessary studies to obtain certification by the Institute of Certification of Auditors (ICA). I have been acquainted with the basic tasks during my internship. I found more motivation, integrity, and self-satisfaction in this career. That’s why I made it one of my career choices, and I aspire to develop my auditing field skills.

What Qualifies you to Be an Auditor?

This question targets your strengths and qualifications for the job, such as ACCA, ACA, CPA. Your answer should highlight them, including the skills and the qualities that meet the requirements. You can list exciting skills that can put more value to your application. You can state:

Many features are qualifying me for this job. First, my academic fulfillment leads to the auditing field. I finished my college studies with topped grades in Finance and Commerce. Second, I completed an internship in two different environments. I spent 6months in an audit firm to train as an external auditor and four months as a company’s auditor. I learned the various strategies and operations related to each institution’s financial information. I got acquainted with a team of employees with whom I have developed excellent teamwork experience and training. I consider my auditing experience as an essential step to practice my theoretical knowledge in an actual corporation.

These were some specific interview questions and sample answers for potential auditors; you can put the necessary changes related to your studies, internship experience, and application conditions. Employers might surprise you with some weird, irrelevant interview questions to test your stress management. So, take a look at stress interview questions and get ready for the surprises.