Can I become an auditor after B Com?

Presently any person who has the knowledge in commerce background can become internal auditor if holds prior experience.

What qualification do you need to be an auditor?

Know what it takes to become an auditor. The basic required qualifications are a bachelor’s degree in the field of finance, accounting or business administration. Most firms will also require specific accounting certifications or qualifications like CPA, ACCA, and ACA.

How many years does it take to become an auditor?

How do I become an Auditor? Academic training comprises 4 to 5 years’ full-time study. During this time the following qualifications can be obtained: BCom (Acc) 3 years; BCom (Honours)(Acc) and CTA (Certificate Theory of Accounting) 1 – 2 years.

Do auditors make a lot of money?

With such a detailed depth of experience and knowledge, auditors are often compensated generously for their work. Although an auditor salary may vary considerably depending upon their particular employer, these individuals can expect to earn an annual income above $50,000.

Can a relative be appointed as an auditor?

Yes, section 141(3) of the Companies Act, 2013 permits a person who is a relative of an employee of the company, from being appointed as the Auditor.

Who can be a cost auditor?

(b) Who can be appointed cost auditor? Only a Cost Accountant, as defined under section 2(28) of the Companies Act, 2013, can be appointed as a cost auditor. Clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 defines “Cost Accountant”.

How to become an auditor?

To become an auditor, the candidate must have a bachelor’s degree in Accounting. However, some employers prefer candidates with a relevant master’s degree in accounting or an MBA. Candidates can also take up a course in computer accounting software such as Tally or other related diplomas. Step 2:

What is the career path for an internal auditor?

Internal Auditing Career Path. While many internal auditors begin in entry-level positions immediately after completing their bachelor’s degrees, others obtain positions after gaining professional experience working in external audit firms or in accounting.

Do you need an MBA to become an internal auditor?

While a graduate degree is not usually required for advancement in the field, a Master’s in Business Administration (MBA) or another relevant subject can provide an important advantage in the job market, especially for leadership positions in internal audit departments. There are many professional certifications relevant to internal auditors.

What is it like to be an auditor at a BIG4?

Becoming an auditor at a Big 4 Accounting Firm is a prestigious honor and a goal for many accountants. Having been employed by a Big 4 Firm carries a lot of weight in the industry and can offer you career opportunities you couldn’t get elsewhere.