23.Educational qualification to become an auditor

To become an auditor, one must have at least a bachelor’s degree in Accounting. Some employers may prefer those with master’s degree in accounting. MBA with specialization in finance can also be a right subject choice. Courses in economics, business studies and humanities are also helpful. Some universities conduct specialised courses in auditing. Along with subject specialisation, computer literacy is also essential. One must take a course in computer accounting software's such as Tally or some other related diplomas. One can further take up more advanced courses like ICWA, CA, Company Secretary ship or CPA (certified public accountant in the USA) etc. There are certain auditor certifications provided by international audit associations such as Institute of Internal auditors (IIA), Information Systems Audit and Control Association (ISACA) etc which are globally accepted. The Institute of Internal auditors gives Certified Internal Auditor (CIA) designation and ISACA provides Certified Information Systems Auditor (CISA) certification, respectively. CISA qualified Auditors have been recognized as qualified to conduct Systems Audit by Reserve Bank of India (RBI), Ministry of Information Technology (MIT), National Stock Exchange, Comptroller and Auditor General of India (C&AG).

Accountants should have an aptitude for mathematics and be able to analyse, compare and interpret facts and figures quickly. They must be able to communicate well and have an eye for detail. Familiarity with computerized accounting packages is a great asset for present generation auditors. They must be able to work as a team. Must have high standards of integrity and accuracy as major decisions are made based on financial statements given by them. They must also be reliable and trust worthy.