What does the field auditor do?
Field auditor checks the financial records of various branches or corporation stores in the region. He or she checks the income reports, inventory forms, and other appropriate documents to make sure they are without errors. If there is a suspicion of financial fraud, the auditor is investigating suspicious records and interviews with employees to reveal the facts. The work of the field auditor helps officials in the company headquarters to take important decisions on financial policies. Depending on the size and extent of the corporation, a terrain auditor may be required to record several hundred miles a week when traveling by car or plane. In most cases, trips, such as food and hotel room fees, are compensated by the auditor's employer.
When meeting branches representatives, there is usually access to detailed paper records. It goes through every line of information and checks the numbers against the reported sum and records from the company headquarters. ANDwould prevent accounting errors, the auditor must be very organized and immediately able to recognize even the smallest discrepancies. The discrepancies in financial reports are usually smaller and do not require more than a footnotes on the official report back to the company office. However, if there is no large amount of income or financing, the auditor may decide to start an investigation.
Field auditor first checked the records twice to see if the finances were simply incorrectly placed than suspected. If money cannot be charged, it usually starts a thorough investigation of fraud. Other experts can be brought to help in the inspection, but the field auditor is generally the final authority. Or she checks corporate and private bank accounts, employees' history and possible suspicious. When the funds are monitored, the auditor draws up a legal report and helps to develop better policies of the company tohas prevented future problems.
There are no strict educational requirements to become a field auditor, but most experts hold a bachelor's degree or higher in accounting or business management. In addition, future field auditors generally have to gain several years of experience such as auditing officials, fraud investigators or business accountants before the position. An experienced field auditor can be rewarded with an internal auditor after work for society for many years. However, many experts enjoy the benefits of traveling and decide to stay in field audit positions throughout their career.