Latest release
Unit Group

2112 Auditors

OSCA - Occupation Standard Classification for Australia
Reference period
2024, Version 1.0

2112 Auditors

Provide validation, verification and assurance of systems, processes, financial statements, reports and analytical evaluations. Undertake investigative work and provide advice to management on trends, risks and performance.

OSCA skill level

The occupations in this unit group have a skill level corresponding to the qualifications and experience below.

  • Skill Level 1: Bachelor Degree, higher qualification, or at least five years of relevant experience
Occupation

211231 External Auditor

Designs and operates information and reporting systems, procedures and controls to meet external financial reporting requirements.

Registration or licensing may be required.

Skill level: 1

Main tasks

  • Collects, analyses and interprets information on the financial standing, cost structures and trading effectiveness of organisations
  • Verifies that an organisation's internal accounting procedures and financial operations run efficiently and meet legal requirements
  • Conducts audits and investigations, and prepares financial statements and reports for management, shareholders and governing statutory bodies
Occupation

211232 Internal Auditor

Examines, verifies, evaluates and reports on financial, operational and managerial processes, systems and outcomes to ensure financial and operational integrity and compliance, and assists in business process reviews, risk assessments, developing deliverables, and reporting progress against outcomes.

Registration or licensing may be required.

Alternative title

  • Audit Officer

Skill level: 1

Main tasks

  • Evaluates cost effectiveness and risks of operational processes, policies and systems
  • Devises, reorganises and establishes budgetary cost control systems
  • Conducts audits and investigations, and prepares financial statements and reports for management, shareholders, and governing and statutory bodies
  • Establishes audit objectives aligned to organisational goals
  • Designs and implements audit methodologies, processes and audit criteria
  • Monitors the effectiveness of internal audit controls and risk management systems
  • Conducts risk assessments and business process reviews to mitigate risks