1220.0 - Australian Standard Classification of Occupations (ASCO) Second Edition, 1997  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/07/1997   
   Page tools: Print Print Page  


      Internal Auditor
      Audit Officer

Examines, verifies, evaluates and reports on financial, operational and managerial processes, systems and outcomes to ensure financial and operational integrity and compliance.

Skill Level:
The entry requirement for this occupation is a bachelor degree or higher qualification. In some instance relevant experience is required in addition to the formal qualification. Registration or licensing is required.

Tasks Include:
  • evaluates the cost effectiveness and risks of operational processes, activities, policies and systems
  • reports to management on the existence and effectiveness of the system of internal controls
  • prepares financial statements and reports for management, shareholders and statutory bodies
  • establishes audit objectives, designs and implements audit methodologies, processes and audit report criteria
  • identifies and applies relevant professional standards and regulatory requirements
  • discusses reports with other auditors and issues reports recommending performance or control improvements

Previous PageNext Page