Becoming an Internal Auditor
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Becoming an Internal Auditor

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Also known as Audit Officer.
Examines, verifies, evaluates and reports on financial, operational and managerial processes, systems and outcomes to ensure financial and operational integrity and compliance, and assists in business process reviews, risk assessments, developing deliverables and reporting progress against outcomes. Registration or licensing is required.
Training time 6 months - 1.5 years
Avg. weekly wage $1,957
Employment prospects Strong
Employment size 1,200

What does an Internal Auditor do?

  • arranging, giving notice of and attending meetings of directors and shareholders
  • advising organisations' governing boards on matters concerning compliance with stock exchange listing rules, relevant legislation and corporation practice
  • supervising organisations' share capital by preparing documents and share issues, and handling share transfers
  • controlling treasury and treasury systems and establishing and reviewing risk management objectives and treasury policies
  • identifying, managing and reporting on financial risks
  • assisting with equity management, debt management, securities and taxation planning issues
  • collecting, analysing and interpreting information on the financial standing, cost structures and trading effectiveness of organisations
  • devising, re-organising and establishing budgetary cost control and other accounting systems such as computer-based systems
  • conducting audits and investigations and preparing financial statements and reports for management, shareholders, and governing and statutory bodies
  • evaluating the cost effectiveness and risks of operational processes, activities, policies and systems
  • reporting to management on the existence and effectiveness of the system of internal controls

Related courses

Displaying 1 course related to Internal Auditor.
Government-subsidised training is marked with this symbol