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  • = Intermediate level
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Frequently asked questions

  • A bachelor's degree in accounting, finance, or a related field is usually required. Professional certifications, such as the Certified Internal Auditor (CIA) or Certified Public Accountant (CPA), are highly valued. Some roles may require industry-specific knowledge or experience.

  • Internal auditors are generally well-compensated, with salaries varying based on experience, certifications, and location. Senior auditors or managers can expect higher salaries.

  • Key skills for internal auditors include risk assessment, analytical thinking, communication, report writing, attention to detail, and understanding of regulations. Auditors should stay updated on accounting standards, financial reporting, and industry-specific regulations.

  • Internal audit training will usually cover risk management, internal control, auditing techniques, fraud detection, regulatory compliance, and industry best practices. It helps auditors identify weaknesses, ensure adherence to standards, and recommend improvements for organizational processes.

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