In order to become an audited professional, a person must pass a state board exam and meet specific experience and education requirements. The board requires an auditing professional to be licensed or registered and to hold a bachelor’s degree. The exam and educational requirements vary from state to state. The exam consists of a multiple-choice examination based on general principles of accounting that is given in public and private school courses. The examination covers the topics of general accounting, bookkeeping, finance, tax, and internal management.
Upon passing the state board exams, the student will have completed the first two years of college and the first year of working experience in auditing or bookkeeping. This training must be continued at least six months to one year for additional training. It is important for an auditing professional to continue their education in order to keep up with changing regulations and rules of the industry.
The next step in becoming an audited professional is to earn an auditor’s license after successfully completing the exam, and then receive a professional certification. A professional certificate is often referred to as an audit specialist certificate. This credential can be used to establish one’s status in the industry and can also be used for reference purposes when searching for jobs within an audit firm.
After becoming an audit specialist, the auditor needs to complete a number of continuing education classes in order to maintain a professional certification. At least eight classes are required to maintain certification. Continuing education courses are normally held at a community college and are scheduled throughout the year for students who are employed in an audit firm, or for those who need to take continuing education classes. before they begin working in an audit.
Certifications are usually renewed annually. Students who want to advance to become an auditor and are interested in auditing further need to complete a new continuing education courses if they have not already completed the previous certificates.
There are several universities that offer certifications, such as the Certified Public Accountant (CPA) or Certified Management Accountant (CMA) and also Master Certified Auditing. The CPA certificate is the most common and the most valuable because it provides the most training in auditing and the most hands-on training.
Certifications for auditing also cover subjects such as data collection methods, auditing, and computerized systems. The auditor’s certifications will also cover the knowledge of how to properly use accounting software programs, the ability to deal with large amounts of information, and understanding how to report financial statements to accountants and investors. Students who want to be certified auditors may choose a specialization and complete a course in an area of interest such as tax practice, public accounting, auditing in general, or auditing for the government.
Auditors are the people that conduct and oversee audits and examinations. In the United States, auditors perform audits of the financial statements of public companies and government agencies. Most auditors are also responsible for supervising and performing payroll and benefits for the employees of these organizations.
Many states require that candidates for auditing must pass a professional certification exam that is administered by a governing board. The exams can be taken at a local college or through online courses. These exams can be taken in a short period of time and provide a good foundation of knowledge for the audit professional.
As a certified auditor you will be responsible for overseeing and supervising the day-to-day operations of an audit’s career. As part of your responsibilities, you will also be responsible for communicating with the management of the company or agency. that employs you.