Accountancy is quite a broad career, so let us tell you a little more about one of the main types of accountancy – auditing.
What does auditing entail?
Audit checks are carried out at least once a year throughout every medium or large business. Independent auditors will ensure that financial records match the financial reports that are made available to the public. But, don’t worry, auditors don’t have to check every last figure and decimal point, they usually look for patterns and carry out tests to check the accuracy of the records.
What is the pay like?
Auditors usually earn anything from £25k to £35k at trainee level, with opportunities for progression and salary increases with successful completion of qualifications, training, and relevant experience. If you’d like to join a team of the best business accountants Bristol, like those working for https://www.hazlewoods.co.uk/expertise/business-accountants/bristol, we suggest you find an accountancy course right away!
What other pros are there to audit work?
Audit work can be very satisfying and rewarding. Not only will you get the chance to meet new people each time you move to a different company, you’ll have the opportunity to see lots of new places too, often staying in hotels and getting the chance to explore when you finish with your data. You may even find yourself travelling the world!
As a job, it’s a very secure role as auditors are always in need due to current legislation. What’s more, each project is similar to the one before, so you will continue to build on your knowledge without feeling like you’re starting at the beginning each time.
What skills do I need to work in auditing?
Teams of auditors should not only have a way with numbers but also be excellent communicators, both written and verbal, and have outstanding attention to detail. They should be motivated and be able to use their initiative, as well as being discreet and professional.
If you think you have these skills and more, then congratulations, you’re the perfect fit for a job in auditing!
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