Duties of Auditor

1) Collect and analyze data to detect defect control, duplicate work, extravagance, fraud or non-compliance with laws, regulations and management policies.

2) Report asset usage and audit results to management and recommend changes in operational and financial activities.

3) Prepare a detailed report on the audit results.

4) Review data on key assets, net worth, liabilities, capital stock, surplus, income and expenses.

5) Check the efficiency, effectiveness, and use of accepted accounting procedures to record transactions.

6) Review and evaluate financial and information systems and recommend controls to ensure system reliability and data integrity.

7) Supervise the audit of the company and determine the scope of the investigation required.

8) Prepare, analyze and verify annual reports, financial statements and other records using recognized accounting and statistical procedures to assess financial status and facilitate financial planning.

9) Discuss financial and regulatory matters with company officials.

10) Check inventory cash, notes receivable and notes payable, transferable securities and cancel checks to confirm the accuracy of the records.

11) Check the inventory to verify the journal and ledger entries.

12) Check that the organization's goals are reflected in its management activities and whether employees understand the goals.

13) Check records and interview workers to ensure that transactions are recorded and laws and regulations are followed.

14) Direct activities of personnel engaged in the submission, recording, preparation and transmission of financial records.

15) Use internal computer systems to generate up-to-date information so that management can make decisions based on actual data rather than historical data.

16) Conduct a pre-implementation review to determine if the systems and programs being developed are operating as planned.

17) Review the taxpayer's account and conduct an on-site audit by letter or by summoning the taxpayer to the office.

18) Use interest and discount rates, annuities, stock and bond valuations, and amortized valuations of consumable assets to assess the taxpayer's financial position to determine tax liability.

19) Check the records, tax returns and related documents related to the settlement of the deceased's estate.

20) Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation insurance, liabilities and compliance with tax laws.

Published by : Seow Ji Kian

Reference Link : 

"Auditor Job Description" by MONSTER
https://hiring.monster.com/hr/hr-best-practices/recruiting-hiring-advice/job-descriptions/auditor-job-description.aspx