1220.0 - Australian Standard Classification of Occupations (ASCO) Second Edition, 1997  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/07/1997   
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AUDITORS design and operate information and reporting systems to meet external financial reporting requirements and examine, verify and report on financial and managerial systems and outcomes to ensure compliance.

Skill Level:
The entry requirement for this unit group is a bachelor degree or higher qualification. In some instances relevant experience is required in addition to the formal qualification.

Tasks Include:

  • providing independent opinion on the financial performance of an organisation, and the extent to which its obligations are fulfilled
  • verifying the accuracy of information contained in accounting records
  • verifying the existence of assets and liabilities mentioned in reports
  • preparing financial statements and reports for management, shareholders and statutory bodies
  • establishing audit objectives, designing and implementing audit methodologies, processes and audit report criteria
  • reporting to management on the existence and effectiveness of internal control systems


This section contains the following subsection :
              2212-11 External Auditor
              2212-13 Internal Auditor

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