Internal Auditor Overview

Required Education and Training To Become an Internal Auditor

Best Schools to become a Internal Auditor in U.S. 2024

Western Governors University

Salt Lake City, UT

In-State Tuition:$7,404
Out-of-State Tuition:$7,404
Admission Rate:N/A
Graduation Rate:49%
Total Enrollment:156,935

Southern New Hampshire University

Manchester, NH

In-State Tuition:$15,000
Out-of-State Tuition:$15,000
Admission Rate:96%
Graduation Rate:41%
Total Enrollment:164,091

Broward College

Fort Lauderdale, FL

In-State Tuition:$1,968
Out-of-State Tuition:$7,402
Admission Rate:N/A
Graduation Rate:35%
Total Enrollment:30,057

CUNY Bernard M Baruch College

New York, NY

In-State Tuition:$6,930
Out-of-State Tuition:$14,880
Admission Rate:50%
Graduation Rate:74%
Total Enrollment:19,854

Ivy Tech Community College

Indianapolis, IN

In-State Tuition:$4,487
Out-of-State Tuition:$8,777
Admission Rate:N/A
Graduation Rate:31%
Total Enrollment:89,705

University of Phoenix-Arizona

Phoenix, AZ

In-State Tuition:$9,552
Out-of-State Tuition:$9,552
Admission Rate:N/A
Graduation Rate:18%
Total Enrollment:88,891
Internal Auditor Job Description:
  • Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others.
  • Install or advise on systems of recording costs or other financial and budgetary data.

Required Skills and Competencies To Become an Internal Auditor

Job Duties for Internal Auditors

  • 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.

Technologies and Skills Used by Internal Auditors

Accounting software

    Accounting software

    • Intuit QuickBooks
    • Sage 50 Accounting

    Financial analysis software

    • Oracle E-Business Suite Financials
    • Tropics workers' compensation software

    Word processing software

    • Google Docs
    • Microsoft Word

    Basic Skills

    • Listening to others, not interrupting, and asking good questions
    • Reading work related information

    Basic Skills

    • Listening to others, not interrupting, and asking good questions
    • Reading work related information

    People and Technology Systems

    • Figuring out how a system should work and how changes in the future will affect it
    • Thinking about the pros and cons of different options and picking the best one

    People and Technology Systems

    • Figuring out how a system should work and how changes in the future will affect it
    • Thinking about the pros and cons of different options and picking the best one

    Problem Solving

    • Noticing a problem and figuring out the best way to solve it

    Problem Solving

    • Noticing a problem and figuring out the best way to solve it

    Current Job Market and Opportunites for an Internal Auditor

    Top Related Careers to Internal Auditor 2024

    Additional Resources To Help You Become an Internal Auditor

    FAQs About Becoming an Internal Auditor