Internal auditors do not have to qualify as accountants. Employers often provide financial help with exams and allow time for study leave. You can also study for a professional accounting qualification while working for the National Audit Office, which offers a three-year graduate scheme.Īchieving qualifications can take three to five years but you will work while studying. For more information about how to do this, see ourĪlternatively, you can gain a qualification with the Chartered Institute of Public Finance and Accountancy (CIPFA) to work as an auditor in the public sector. There are routes into a career in audit for both university graduates and school leavers, though routes differ depending on whether you are aiming for internal or external audit.Įxternal auditors first need to qualify as chartered accountants with a professional accounting body. In-house as part of an organisation’s accounting teamįor large private companies, organisations and charitiesįor the National Audit Office, where they carry out obligatory audits of the public sector and governmental bodies. Read more about the salaries and benefits in accountancyįor professional firms outsourced by client companies The National Audit Office offers graduates on their accountancy scheme a starting salary of £31,187 in London and £25,196 in Newcastle, for example, while you can expect the likes of the Big 4 professional services firms (Deloitte, EY, KPMG and PwC) to pay higher rates.Īccording to a recent salary survey from the recruitment agency Hays UK, senior qualified auditors in the public practice of a private accountancy firm typically earn £33,000–£49,000 and directors £70,000–£110,000, depending on their location (with the lowest figures offered in Wales and Northern Ireland and the highest in London and the south east of England). When conducting audits for clients, they may be required to work from their client’s workplace.ĭiscover more about careers in auditing (and assurance work, of which auditing is a type, more broadly).Īuditors’ salaries vary according to location and the type of employer. Liaising with managerial staff and presenting findings and recommendationsĮnsuring procedures, policies, legislation and regulations are correctly followed and complied withĪuditors typically work standard office hours, plus some overtime or weekend working at busy times, particularly at the financial year end. Preparing reports, commentaries and financial statements Identifying if and where processes are not working as they should and advising on changes to be made Gauging levels of financial risk within organisationsĬhecking that financial reports and records are accurate and reliable They could be inspecting the accounts of their own employer or those of another organisation, and they can also act in an advisory role to recommend risk aversion measures and cost savings.Ĭollating, checking and analysing spreadsheet dataĮxamining company accounts and financial control systems You can change your selection at any time by clicking the link at the bottom of the page.Auditors review the accounts of companies and other organisations to ensure their financial records are correct and in line with the law. You can select your settings by clicking “Modify Cookie Preferences” to confirm your choices from the optional cookie tracking and selecting the required cookies required to remain on the site. This also includes your consent to the transmission of certain personal data to third countries, including the USA, in accordance with Art. By clicking "Accept All Cookies", you agree to these. In this context, cookies from providers in third countries may also be used and data may be transmitted to providers such as social media services outside the EU. On this page, functional and optional cookies are used to improve your experience and design our careers site more user-friendly and in line with your needs. This website is based on the SuccessFactors software provided by SAP. Welcome to the EY careers job search site.
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