Internal Auditors examine, verify, evaluate and report on financial, operational and managerial processes, systems and outcomes to ensure financial and operational integrity and compliance, and assist in business process reviews, risk assessments, developing deliverables and reporting progress against outcomes.
You usually need a bachelor degree in accounting to work as an Internal Auditor. Training is also available through VET (Vocational Education and Training).
- Assists with equity management, debt management, securities and taxation planning issues.
- Collects, analyses and interprets information on the financial standing, cost structures and trading effectiveness of organisations.
- Devises, re-organises and establishes budgetary cost control and other accounting systems such as computer-based systems.
- Conducts audits and investigations and prepares financial statements and reports for management, shareholders, and governing and statutory bodies.
- Evaluates the cost effectiveness and risks of operational processes, activities, policies and systems.
- Establishes audit objectives, and designs and implements audit methodologies, processes and audit report criteria.
More about Auditors, Company Secretaries and Corporate Treasurers