Title: What Internal Auditors Do – And How Much They Make
Headings: What Internal Auditors Do – And How Much They Make
What Internal Auditors Do – And How Much They Make
What Does an Internal Auditor Do?
What Salary Do Internal Auditors Make?
Key Takeaways
What Type of Education Is Most Common?
What Certifications Are Required?
What Skills Does an Internal Auditor Need?
What Is a Typical Career Path?
The Bottom Line
Article Sources

Content: Despite the job being largely centered on numbers, the auditor also needs to communicate the findings and conclusions so it can be easily understood. Certain diplomacy and people skills come in handy when implementing new business controls and procedures. A good grasp of generally accepted accounting principles (GAAP) and Sarbanes-Oxley (SOX) is also a preferable skill. What Is a Typical Career Path? After some years as an internal auditor, the natural, and most common, the next step is to become a senior internal auditor. This position has an average salary of $78,749 and shifts the focus more onto policy creation rather than policy enforcement. 11 ﻿
The next step in the job level is an internal audit manager with a salary of $99,820. 12 ﻿ This job focuses on managing the audit team and to act as a liaison with external auditors. Larger firms also offer the position of senior auditing manager, at an average salary of $122,455, or internal audit director, at an average salary of $130,753. 13 ﻿ 14 ﻿ The final step is either a partner or a chief financial officer.