IT auditors play a big role in a company at the time of annual fiscal auditing which happens every year around the month of April and May. At the time of audit, these auditors are supposed to present a financial statement of accounts proving that the respective company has been paying all the taxes and has been abiding by the guidelines set by the organization. It is considered as an evaluation system that suggests how the company has been performing financially throughout the year. Auditors are also required to perform audits on the security systems and the electronic equipments that are being used in the company. They are generally seen working for the private companies and also some of the government agencies. Depending upon their organization their duties may see some minor changes but the basic role remains the same irrespective of the company. Some of the job responsibilities of IT auditors are mentioned as follows:
IT auditors are expected to be good not only at the fiscal evaluation but also should be well aware of the hardware as well as the software applications that complies with company's accounting policy.
Skills Required:
Education and Training requirements:
Interested candidates must have a college level diploma in Information Technology along with sound knowledge of accounting. If you have done an advanced level course such as MBA in the either IT or Finance, then you would have a better chance to stand out amongst others. An MBA degree would help you to get a higher level position in the first go, however those who have just finished their college, will have to start from scratch. Auditors with a few years of previous work experience will not only be efficient workers but will also have a better and bigger annual salary.
Nature of the work:
IT auditors work in an office environment. Their work does not demand them to travel around places, but they do have meet various executive level personnel and discuss over financial matters. At the time of auditing their schedule can take a toll on them as it becomes very hectic. Apart from that particular period, they work for 40 hours per week and have weekends offs.
Salary:
The annual salary of IT auditors ranges between $70,000 to $80,000. As per the reports forwarded by BLS, this particular profession will witness higher perks and will keep growing as one of the biggest hub of employment.
The future prospects are definitely growing and so are the employment opportunities. You would have to be really good at coming up with some great solution to any given financial issue, and make sure that your company is following all the financial policies as introduced by the government or by the respective company. It is their responsibility to catch a fraud if any, and then take necessary action. One needs to have a professional approach towards their work and should not at all be biased.
We are sure, that after referring to the above information, now you will have a better understanding of your field of interest.