# Competences — financial auditor

Source: ESCO v1.2.1 occupation-skill relations (http://data.europa.eu/esco/occupation/1ad59946-d13e-441e-9b36-56e1df055e21).

## Essential

- **accounting** (knowledge)
- **accounting department processes** (knowledge)
- **accounting entries** (knowledge)
- **accounting techniques** (knowledge)
- **analyse financial risk** (skill/competence)
- **arrange audit** (skill/competence)
- **check accounting records** (skill/competence)
- **conduct financial audits** (skill/competence)
- **control financial resources** (skill/competence)
- **corporate law** (knowledge)
- **develop audit plan** (skill/competence)
- **economics** (knowledge)
- **financial analysis** (knowledge)
- **financial department processes** (knowledge)
- **inspect tax returns** (skill/competence)
- **interpret financial statements** (skill/competence)
- **monitor banking activities** (skill/competence)
- **observe confidentiality** (skill/competence)
- **obtain financial information** (skill/competence)
- **pose questions referring to documents** (skill/competence)
- **prepare financial auditing reports** (skill/competence)
- **present reports** (skill/competence)

## Optional

- advise on credit rating (skill/competence)
- advise on financial matters (skill/competence)
- advise on tax planning (skill/competence)
- analyse financial performance of a company (skill/competence)
- banking activities (knowledge)
- commercial law (knowledge)
- communicate with banking professionals (skill/competence)
- core banking software (knowledge)
- develop financial statistics reports (skill/competence)
- disseminate information on tax legislation (skill/competence)
- ensure compliance with accounting conventions (skill/competence)
- ensure compliance with disclosure criteria of accounting information (skill/competence)
- evaluate budgets (skill/competence)
- financial jurisdiction (knowledge)
- financial management (knowledge)
- financial products (knowledge)
- financial statements (knowledge)
- follow the statutory obligations (skill/competence)
- fraud detection (knowledge)
- identify accounting errors (skill/competence)
- identify if a company is a going concern (skill/competence)
- insolvency law (knowledge)
- internal auditing (knowledge)
- international financial reporting standards (knowledge)
- international tariffs (knowledge)
- joint ventures (knowledge)
- liaise with shareholders (skill/competence)
- maintain financial records (skill/competence)
- maintain records of financial transactions (skill/competence)
- maintain trusts (skill/competence)
- make strategic business decisions (skill/competence)
- mergers and acquisitions (knowledge)
- national generally accepted accounting principles (knowledge)
- produce statistical financial records (skill/competence)
- provide support in financial calculation (skill/competence)
- tax legislation (knowledge)
- trace financial transactions (skill/competence)
- use consulting techniques (skill/competence)
