Auditor | Average UK Salary & Outlook

Internal and external auditors check organisations' financial records and procedures to make sure they are accurate and efficient.

Typical task
Working hours
Attractive values

Prepare detailed reports on audit findings.
Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
Supervise auditing of

Prepare detailed reports on audit findings.
Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
Supervise auditing of establishments, and determine scope of investigation required.
Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
Prepare, analyze, and verify annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning.
Review data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
Confer with company officials about financial and regulatory matters.
Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.
Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.
Examine inventory to verify journal and ledger entries.
Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets.
Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives.
Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws.
Review taxpayer accounts, and conduct audits on-site, by correspondence, or by summoning taxpayer to office.
Examine records, tax returns, and related documents pertaining to settlement of decedent's estate.
Produce up-to-the-minute information, using internal computer systems, to allow management to base decisions on actual, not historical, data.
Direct activities of personnel engaged in filing, recording, compiling, and transmitting financial records.
Conduct pre-implementation audits to determine if systems and programs under development will work as planned.

Average salary
29,310 GBP *
per year

Average salary for Auditor

29,310 GBP

Average salary for full-time Auditor

Showing:

29,310 GBP
29,310 GBP

Salary over time for Auditor

Salary for this role has increased over time

27,982 GBP
28,481 GBP
29,871 GBP
32,334 GBP
32,763 GBP
33,669 GBP
29,310 GBP
26,043 GBP

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Future outlook for Auditors

Balanced outlook

5 000+ jobs available

Balanced outlook

-1% yearly wage growth (on average)

Balanced outlook

49% chance of automation in the future

Which qualifications do I need?

Find out what you need to know in order to become a Auditor and the highest average level of education for people in this role.

In terms of people already doing this job:

48% of people in this role have a Bachelor's degree
43% of people in this role have a Master's degree
10% of people in this role have some postgraduate study, but not a masters or doctorate

You can join a company as a trainee auditor, or move into auditing by being seconded to an internal auditing team from another department.

You'll usually need at least A level qualifications or equivalent, and you'll be expected to take further training as your career develops.

Get the right qualification to begin your journey to becoming a Auditor

Finance

What soft skills do I need?

Rise above the competition by brushing up on the 5 most important soft skills you need to become a Auditor.

Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times

Reading Comprehension Understanding written sentences and paragraphs in work related documents

Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems

Speaking Talking to others to convey information effectively

Writing Communicating effectively in writing as appropriate for the needs of the audience

What technical skills do I need?

Technical skills are programmes, softwares and things you need to know in order to be a successful Auditor. Check that you know:

Accounting software Fund accounting software; Intuit QuickBooks

Analytical or scientific software ACL Audit Exchange; Arbutus Analyzer; Guidance Software EnCase Enterprise; SAS

Compliance software Intrax ProcedureNet; Paisley Cardmap; Sage HandiSoft HandiLedger; TrendTracker Compliance Solution

Enterprise resource planning ERP software

Financial analysis software Bi3 Financial Statement Fraud Analysis; CaseWare International IDEA SmartAnalyzer; Oracle E-Business Suite Financials; Thomson Reuters Risk Management

Improve your skills today

Finance

Integrity Job requires being honest and ethical. Attention to Detail Job requires being careful about detail and thorough in completing work tasks. Analytical Thinking Job requires analyzing information and using logic to address work-related issues and problems. Dependability Job requires being reliable, responsible, and dependable, and fulfilling obligations. Stress Tolerance Job requires accepting criticism and dealing calmly and effectively with high stress situations.

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Auditor | Average UK Salary & Outlook

Salary statistics

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Future outlook for Auditors

Auditor - Your future job?

Which qualifications do I need?

What soft skills do I need?

What technical skills do I need?

Things to highlight for your Auditor interview

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