Auditors are in the accounting field and their main duty is to verify a company's records to make sure that all the information matches up to what was provided. An auditor has to go through book-keeper records, creditor records and tax records in order to find out if any errors have been made and if so, what needs to be done to fix them.
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External Auditor Duties
An external auditor is either self-employed, or is employed at a firm that is hired by the company. This type of auditor comes in as an independent third party in order to check records. Their reports are used in order to help find errors, cut costs and improve general accounting.
Internal Auditor Duties
Internal auditors are employees of the company that they are auditing. Large companies often have at least one auditor on their accounting staff. The duties do not differ much from those of external auditors, but the experience of dealing with a single company's books allows internal auditors to become very efficient at going through and checking all of the facts and figures.
IRS Auditor Duties
The type of auditor that most people are familiar with is the IRS auditor. They look over federal tax returns in order to make sure that the information is accurate. This often requires contact with the taxpayers or businesses in question to get complete and accurate information. This type of auditor also requires continuing education in order to keep up to date on federal tax codes.
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