Sign up for our newsletter
Join our newsletter to receive the latest updates and insights in online education. Get exclusive access to in-depth articles, expert advice, and special offers tailored for your educational journey.
Join our newsletter to receive the latest updates and insights in online education. Get exclusive access to in-depth articles, expert advice, and special offers tailored for your educational journey.
This bar graph shows the annual salary for Internal Auditors.
Data sourced from O*NET Online, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
This line chart shows the projected job growth over 10 years for Internal Auditors.
Projected Growth Rate in Job Openings by 2031: 6%
Data sourced from CareerOneStop, provided by the U.S. Department of Labor.
Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
Prepare detailed reports on audit findings.
Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
If you're aiming to carve out a career as an internal auditor, you'll need a combination of education, experience, and professional credentials. This career path demands a keen eye for detail, a strong ethical compass, and the ability to understand and evaluate a company's operational and financial processes. Below are the steps you can follow to become an internal auditor:
Following these steps will help you establish a solid foundation for a successful career in internal auditing. Remember that continuous learning and adaptation are key in this dynamic field.
To become an internal auditor, you typically need:
To obtain an internal auditor certification, follow these steps:
Certifications are offered by professional organizations like the Institute of Internal Auditors and the American Institute of CPAs.
An internal auditor's career progression often includes:
Yes, transitioning from external auditing to internal auditing is common. Skills learned in external auditing, such as financial analysis and regulatory compliance, are transferable to internal auditing roles.
Key skills for an internal auditor include:
Yes, there is a steady demand for internal auditors. Organizations continuously seek professionals who can provide assurance on internal controls and help improve operations. Economic complexity and regulatory changes often drive the need for skilled auditors.
Internal auditors can specialize in areas such as:
Specializing can lead to becoming subject matter experts and may open doors to niche roles within larger organizations or consulting opportunities.
Internal auditors are hired across a wide range of industries, including:
Virtually any industry with a need for governance, risk management, and control processes employs internal auditors.