Auditors help to ensure that firms are run more efficiently, particularly from a financial point of view; that a country's public records are kept accurately; and that taxes are paid properly and on time. An auditor examines and audits the financial statements of an organisation to ensure that the records reflect the true financial state of the business and that the procedures employed are correct.
Qualified auditors can choose between three career paths, namely: in the profession itself, in the civil service or in the academic field. In practice, a large part of the auditor’s task is still the auditing aspect, but today it is more scientific and modern aids, such as computers, that are used.
Other useful services rendered by auditors in practice, because of their specific training, include advising clients concerning tax and estate planning, installing and operating computers, company secretarial support and general management advice.
Computers are rapidly changing the nature of the work for most auditors. With the aid of special software packages, auditors summarise transactions in standard formats for financial records and organise data in special formats for financial analysis. These greatly reduce the amount of tedious manual work associated with data and record-keeping.
Personal and laptop computers enable auditors to be more mobile and to use their clients’ computer systems to extract information from large mainframe computers. As a result of these trends, a growing number of auditors have extensive computer skills and specialise in correcting problems with software or in developing software to meet unique data needs.
To cope with audits on sophisticated computers, data bases, networks and electronic fund transfer, auditors require a dedicated and continuous effort to keep abreast of new developments.
Fields of Specialisation include:
Auditing: An auditor investigates the financial records of a company and then gives a report.
Legal matters: Mercantile law and company law give the auditor the opportunity to handle the legal aspects of contracts, such as with letting and hire purchase.
Computer Science: This field especially comprises the development and implementing of programs for electronic information processing, the planning of financial models and the giving of advice regarding hard- and software purchases.
Planning & Management: Planning is an important management function. Planning macro- and micro-level, long- and short-term forecasts, feasibility studies and the financial planning of new projects must be carried out continuously. Management also includes administration, secretarial, financial and various other facets of business management.
Auditors usually work in comfortable office environments. When self-employed, they could work from home and would only need to travel to clients’ business premises and offices.
Abm University College, Adventist University of Central Africa, Alliance International University, Archbishop James University College, Arthur Portland College, BA ISAGO University College, Botho University, Botswana Accountancy College, Botswana College of Distance and Open Learning, Cape Peninsula University of Technology, Catholic University College of Ghana, Cavendish University, Central University of Technology, College of Cape Town , CTU, Damelin, DMI-St.Eugene University, Durban Computer College, Durban University of Technology , Garden City University College, Gideon Roberts University, Harare Institute of Technology, Helderberg College NPC, ICESA City Campus, Imperial School Of Business and Science, Institute of Applied Sciences, Institute of Development Management, International School of Business and Technology (Isbat), International Training College - Lingua (ITCL), Jomo Kenyatta University of Agriculture and Technology, Kenneth Kaunda Metropolitan University, Kenya Methodist University, Kenyatta University, Kepler Kigali, Kibabii University, Kigali Independent University, Kirinyaga University College, Kwame Nkrumah University, Limkokwing University of Creative Technology, Lyceum College, Machakos University College, Management College of Southern Africa (MANCOSA), Masinde Muliro University of Science and Technology, Methodist University College Ghana, Namibia University of Science and Technology, National University of Lesotho, Nelson Mandela Metropolitan University, Nile Institute of Management Studies Arua, North-West University, Oval International Computer Education, Pearson Institute of Higher Education, Production Management Institute of Southern Africa, Regent Business School, Regent University College of Science & Technology, Rusangu University, Stefano Moshi Memorial University College, Strathmore University, Swaziland College of Technology, Technical University of Kenya, Trinity University, Tumaini University Makumira, Uganda Martyrs University, United States International University, University for Development Studies, University of Botswana, University of Cape Coast, University of Eldoret, University of Johannesburg, University of Kigali, University of Lusaka, University of Mauritius, University of Namibia, University of Pretoria, University of Rwanda, University of South Africa, University of Stellenbosch, University of Technology and Arts of Byumba, University of Technology Mauritius, University of Zambia, Vaal University of Technology, Valley View University, Walter Sisulu University, Zambia Catholic University