An Internal Auditor is a professional who ensures organizations and companies have accurate accounting throughout the year. They ensure that other accounting teams follow proper procedures and that all accounts are updated and accurate.
Internal Auditor Duties:
- Identify potential issues, irregularities, and inaccurate practices within the organization
- Perform audits and report findings to management
- Prevent and detect fraud, waste, and abuse
- Evaluate policies and procedures
- Continue to educate self on best auditing practices
- Evaluate the effectiveness and efficiency of the organization’s accounting processes and procedures
- Gather and prepare financial information
- Implement appropriate controls to minimize fraud
- Demonstrate effective communication, presentation, and interpersonal skills
- Perform other duties as assigned by management
Internal Auditor Responsibilities:
- Perform investigations of claims and reviews to determine compliance with policies, procedures, regulatory requirements, and contracts
- Assist in investigating and resolving issues including generating reports, briefs, and recommendations, and coordinating action and reporting
- Develop, implement, and maintain audit programs
- Conduct field audits to evaluate the effectiveness of internal controls and operating policies and procedures
