---
name: financial-auditor
description: "Occupational skill for the role 'financial auditor' (also: auditor, finance auditor, internal auditor, audit manager, chartered accountant, finances auditor). Use when the user asks for typical financial auditor work such as: Provide regulatory compliance training to employees.; Investigate activities of institutions to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency.; Review and analyze new, proposed, or revised laws, regulations, policies, and procedures to interpret their meaning and determine their impact."
---

# Financial Auditor

Financial auditors collect and examine financial data for clients, organisations and companies. They ensure the financial data is properly maintained and free of material misstatements due to error or fraud, that it adds up, and functions legally and effectively. They review lending and credit policies or numbers in databases and documents, evaluate, consult and assist the source of the transaction if necessary. They use their review of the client's financial governance as assurance to give testimony to the shareholders, stakeholders and board of directors of the organisation or company that all is up to par.

## Core workflow

1. Provide regulatory compliance training to employees.
2. Investigate activities of institutions to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency.
3. Review and analyze new, proposed, or revised laws, regulations, policies, and procedures to interpret their meaning and determine their impact.
4. Plan, supervise, and review work of assigned subordinates.
5. Recommend actions to ensure compliance with laws and regulations, or to protect solvency of institutions.
6. Examine the minutes of meetings of directors, stockholders, and committees to investigate the specific authority extended at various levels of management.
7. Prepare reports, exhibits, and other supporting schedules that detail an institution's safety and soundness, compliance with laws and regulations, and recommended solutions to questionable financial conditions.
8. Review balance sheets, operating income and expense accounts, and loan documentation to confirm institution assets and liabilities.

## How to use this skill

- Read `references/profile.md` for the occupation profile and scope.
- Consult `references/tasks.md` for the full task and activity inventory.
- Check `references/skills.md` for essential vs. optional competences.
- Check `references/tools.md` for the software commonly used in this role.

## Key competences (essential)

- accounting
- accounting department processes
- accounting entries
- accounting techniques
- analyse financial risk
- arrange audit
- check accounting records
- conduct financial audits
- control financial resources
- corporate law
- develop audit plan
- economics
- financial analysis
- financial department processes
- inspect tax returns

## Hot technologies

- Microsoft Access
- Structured query language SQL
- Microsoft SharePoint
- Microsoft Outlook
- SAP software
- R
- Microsoft Office software
- Microsoft Windows
- Microsoft PowerPoint
- Microsoft Visio

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*Sources: ESCO v1.2.1 (http://data.europa.eu/esco/occupation/1ad59946-d13e-441e-9b36-56e1df055e21), O*NET 30.3 (13-2061.00). See manifest.json for licensing/attribution.*
