DEV SITE ..48
Salary Range
€35k - €85k
Career Zone

In Brief...

An Auditor is a Professional Accountant who has undergone further post qualification training.

Knowledge

  • Economics and Accounting Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • English Language Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Mathematics Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Administration and Management Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Customer and Personal Service Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
Knowledge areas are ranked by their importance to this career

Skills

  • 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.
Skills are ranked by their importance to this career

Work Environment

Auditors typically work in the following Career Sectors:

Accountancy
Accountancy & Taxation
Taxation
Accountancy & Taxation
Revenue & Governance
Accountancy & Taxation
the Big 4
Accountancy & Taxation
Fund Administration & Custody
Banking & Financial Services

Videos & Interviews

Aoife, Auditor

Aoife is gradually making her way east. Starting in postcard pretty West Cork, she moved to Cork City to study accounting in UCC. Whilst in Cork she joined EY for a two week work placement first, then a summer internship. EY was so impressed with Aoife they sent her further east to study for a masters in accounting in UCD’s Smurfit School of Business. Right now she’s working in Dublin’s docklands, helping to Audit one of Ireland’s largest and coolest Tech companies (we can’t say who, but you can guess).

Read more about her story here.

Claire Hanrahan, Auditor

Claire works as an Internal Auditor for CRH Group. She completed a Bachelor of Business Studies in University of Limerick and went on to do the ACCA exams thereafter. Travel is a big aspect of her current role and she spends half of her time away from home.

Videos on the Web

Most commonly reported Work Activities

  • Getting Information Observing, receiving, and otherwise obtaining information from all relevant sources.
  • Interacting With Computers Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
  • Communicating with Supervisors, Peers, or Subordinates Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Evaluating Information to Determine Compliance with Standards Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
  • Documenting/Recording Information Entering, recording, storing, or maintaining information in written or electronic/magnetic form.
  • Processing Information Compiling, coding, categorising, calculating, tabulating, auditing, or verifying information or data.
  • Organising, Planning, and Prioritising Work Developing specific goals and plans to prioritise, organise, and accomplish your work.
  • Making Decisions and Solving Problems Analysing information and evaluating results to choose the best solution and solve problems.
  • Establishing and Maintaining Interpersonal Relationships Developing constructive and cooperative working relationships with others, and maintaining them over time.
  • Analysing Data or Information Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.

 

 

The Work

Auditors are professionally qualified specialist accountants. They examine a client's accounts to check they have been accurately prepared in accordance with the Companies Act. This covers accounts and financial reporting standards.  
 
Limited companies are required by law to have their accounts audited by a certified or chartered accountant. Auditors often conduct their work on the client's premises. They start by gaining a thorough knowledge of a client's business and continue gathering evidence until they are certain that there are no significant errors in the accounts.  
 
Auditors carry out audit tests and examine samples of documents and records to check that all transactions, assets and liabilities have been properly recorded. Techniques include inspecting assets and seeking further details from both within and outside a company. They may also compare current accounts with the previous year, or with a comparable company's accounts.  
 
Auditors complete their work by preparing a report for presentation to the company's shareholders and management.

 

Most commonly reported Work Tasks

  • Prepare detailed reports on audit findings.
  • Report to management about asset utilisation and audit results, and recommend changes in operations and financial activities.
  • Collect and analyse data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
  • Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
  • Supervise auditing of establishments, and determine scope of investigation required.
  • Confer with company officials about financial and regulatory matters.
  • Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
  • 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.
  • Prepare, examine, or analyse accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.

Further Information

Qualities - Auditor

To be an auditor you need to be highly numerate and capable of interpreting complicated accounts. You should have an enquiring mind, a good eye for detail and be accurate and methodical in your work.  
 
An ability to communicate effectively and explain results clearly and concisely is essential. Good report writing skills are also necessary.

Interests - Auditor

This occupation is typically suited for people with the following Career Interests:

Administrative

Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.

They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.

Enterprising

Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and are drawn to commerce, trade and making deals. Some pursue sales and marketing occupations. Many will eventually end up owning their own business, or in management roles in larger organisations. They tend to be very goal-oriented and work best when focused on a target. Some have an entrepreneurial inclination.

Investigative

The Investigative person will usually find a particular area of science to be of interest. They are inclined toward intellectual and analytical activities and enjoy observation and theory. They may prefer thought to action, and enjoy the challenge of solving problems with sophiscticated technology. These types prefer mentally stimulating environments and often pay close attention to developments in their chosen field.

Entry - Auditor

A registered auditor must first qualify as a chartered or certified accountant.  
 
To become an accountant you must register as a student with either the Institute of Chartered Accountants in Ireland (ICAI), or the Association of Chartered Certified Accountants (ACCA). Once ACCA qualified you can obtain a practising certificate to be able to have auditor status. The majority of students who register with ICAI are graduates. To qualify you must pass professional examinations. Study is possible through day-release, block-release, full-time study or distance learning, depending on the professional body and your employer.

Training & Development Pathways

FET Centre Traineeship: Business & office Admin, Accounting technician in centres around Ireland NFQ Level 5-6 Search FET Courses

FET PLC Courses: Business, Commerce, Accounting at NFQ Levels 5-6 Search FET PLC Courses

Apprenticeship: Accounting, Financial services Apprenticeships NFQ level 6-8 Search Apprenticeships

Higher Education CAO Entry: Business, Commerce, Economics, Maths & Statistics, Accounting & Finance NFQ Levels 6-8 Search CAO courses

Professional Development

Postgraduate Study Options Sales, Business, Accounts, Management, Financial advice NFQ level 9

The relevant professional bodies are:

Last Updated: April, 2023

Pay & Salary - Auditor

Salary Range (thousands per year)* €35k - €85k

Salaries vary based on employer, location, experience, duties, and role.

Data Source(s):
Sigmar / Morgan McKinley/ Osborne/ Indeed/ Clark/ Brightwater

Last Updated: March, 2024

* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.

View Salary information from Indeed.ie
Note: data not aways available

Labour Market Updates - Auditor

This information has been derived from the Solas National Skills Bulletin (2023).

Employment in this occupation has been growing annually since 2019, resulting in an above average annual employment growth rate. The professional activities sector accounted for the largest share of employment at 46%, with industry and the financial activities sectors combined accounting for a further 26%. There was a 4% increase in the number of online job adverts for this occupation in 2022 and a sharp rise in the number of employment permits issued from 336 in 2021 to almost 1,000 in 2022 (this was in line with a significant increase in total permits issued in this timeframe); most permits issued were for the financial sector in auditing roles.

The Recruitment Agency Survey identified issues with recruiting various accountancy roles (e.g. financial, tax, practice, insurance) in the financial sector. With such a large occupation, demand is likely to be strong for this role due to replacement demand alone. Upskilling/reskilling will be required for many of those currently employed to adapt to changing skills profiles as a result of digitalisation/AI, climate change (e.g. understanding environmental, social and governance (ESG) practices/criteria), and changing regulation (e.g. Brexit).

Useful Contacts - Auditor

Career Articles

Fionnán Johnson: A Career in Audit & Advisory
Fionnán Johnson: A Career in Audit & Advisory
Posted by Deloitte
Sheila O'Connor - Engineering Project Auditor
Sheila O'Connor - Engineering Project Auditor
Posted by CareersPortal
...
Close