Pay for auditors varies depending on the region they work in and their level of experience.
With up to three years' experience, you can earn between $36,000 and $75,000 a year.
With three to six years' experience, you can earn between $75,000 and $90,000.
Senior auditors and auditor managers can expect to earn between $75,000 and $180,000.
Source : Hays, 'Hays 2014 Salary Guide', 2014.
This information is a guide only. )
What you will do
Auditors may do some or all of the following :
study the accounting methods of business clients
decide if the company financial reports give an accurate view of the business
check that funds are used wisely and within the law, especially if working for a government department or agency
ensure that financial statements comply with professional accounting standards in New Zealand
oversee the stocktake of a business to ensure staff are following accounting procedures correctly.
Auditors need to have :
an understanding of the principles of finance and accounting
knowledge of tax law
knowledge of accounting systems and practices.
usually work regular business hours, but may need to work evenings and weekends, or be on call
work in offices at accounting firms, government departments and private businesses
may travel locally to clients' businesses.
To become an auditor you need a commerce, business or accounting degree, majoring in accounting.
To become an auditor in information and communication technology (ICT), a degree in information systems or related subjects is useful.
Most employers require you to be a member of Chartered Accountants Australia New Zealand (CA).
A tertiary entrance qualification is required to enter further training. Useful subjects include accounting, English, maths with statistics and / or calculus, and economics.
Auditors need to be :
able to keep information private
logical and able to make sound judgements
good at solving problems
methodical and accurate, with an eye for detail
able to work well under pressure
good at communicating
able to analyse and interpret data.
Useful experience for auditors includes work in :
Membership with Chartered Accountants Australia New Zealand is recommended.