How to become a financial auditor: The basics, how to fill out an online application and the basics of how to get certified.
Read moreWhat you need to know about becoming an auditorThe first thing you need is to be able to pay for a full-time job and find a job in the industry.
The National Association of Financial Accrediting Agencies (NAFA) recommends that auditors be between 20 and 25 years old and have a Bachelor’s degree in accounting, accounting, or finance, with a minimum of 12 years experience in the field.
You’ll need to:Find a job with a financial services companyYou must apply to a state or federal agency that provides financial services to people or entities that provide auditing services, such as:The NAFA also recommends that applicants with experience in auditing, including accounting, financial accounting, and financial reporting, have at least a Bachelor of Business Administration (BBA) or Master of Business Analytics (MBA) degree.
It also recommends financial auditing certifications and auditing licenses.
Learn more about how to apply to auditing jobsYou’ll have to apply online, and the first step will be to create an account on the website for your job.
To create your account, you’ll have a variety of options, including:Create a profile for your companyUse the company’s online applicationYou’ll also have to fill in some information to help you get hired:Know the financial requirementsYour job will have to have a financial transaction report (FTR), or a report that lists the financial information associated with the company.
In addition, you will have a fee for doing the job, but that fee will be based on the financial transaction costs incurred by the company, not the actual amount of the work.
To be certified as an auditorYou’ll be required to:Complete an audit applicationYou will need to pay a $50 application feeOnce you’re certified, you can begin paying your taxes, hiring people, and preparing your tax returns.
You’ll also need to register as an auditing professional.
Read the NAFA’s rules and regulations for auditing job requirementsThe job requirements are fairly straightforward.
If you have a job you can’t complete, or if you’re an employee who needs to complete some paperwork, you might have to pay the $50 certification fee.
The NABA states that the following requirements apply:You have to meet the basic requirements for a financial audit, including the minimum wage, overtime, and minimum hours.
The auditing certification will not be valid for a period longer than 30 days from the date you receive the certification.
For more information about becoming a financial auditor, visit the NABA website.
For a complete list of job requirements and a list of certification programs, visit NAFA.
Read our full guide to becoming an accountant