Will “Auditors” be Replaced By Robots? 🤔

Unknown Chance of Automation

Sadly, the research paper did not provide any information about this occupation. Maybe have a look at our directory?

Job Description

Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.

Job Details

The SOC (Standard Occupational Classification) code is 13-2011.02

Also Known As…

Tasks for “Auditors”

Direct activities of personnel engaged in filing, recording, compiling and transmitting financial records.
Conduct pre-implementation audits to determine if systems and programs under development will work as planned.
Prepare, analyze, and verify annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning.
Confer with company officials about financial and regulatory matters.
Examine records, tax returns, and related documents pertaining to settlement of decedent's estate.
Examine inventory to verify journal and ledger entries.
Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets.
Prepare detailed reports on audit findings.
Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.
Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.
Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws.
Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
Review taxpayer accounts, and conduct audits on-site, by correspondence, or by summoning taxpayer to office.
Review data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
Supervise auditing of establishments, and determine scope of investigation required.
Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives.
Produce up-to-the-minute information, using internal computer systems, to allow management to base decisions on actual, not historical, data.

Related Technology & Tools

10-key calculators
Desktop computers
Computer data input scanners
Laptop computers
Laser facsimile machines
Personal digital assistants PDA
Scanners
Personal computers
Tablet computers

SAP
Tropics
Microsoft PowerPoint
Oracle PeopleSoft
Pleier Audit Management System
BizBench
Digital analysis tests and statistics DATAS for SAS
Solutions Technology & Software HR Premier
Intrax ProcedureNet
Data entry software
WizSoft WizWhy
Sage 50 Accounting
WizSoft WizRule
Microsoft Dynamics GP
Arbutus Analyzer
Financial Competence
WorkForce Software EmpCenter Time and Attendance
Accounting fraud detection software
R
Oracle PeopleSoft Financials
Microsoft Works
Fund accounting software
IBM Notes
FLS eDP PAYROLLtax
Internal audit software
TimeValue software
Paisley Focus Control Assurance
Qlik Tech QlikView
Google Docs
Recovery audit software
Data extraction software
Oracle JD Edwards EnterpriseOne
Audit planning and control environment software
IAD Audit Leverage
AuditWare CaseWare Examiner
Thomson Reuters Risk Management
Client billing software
Google Sheets
Thomson Creative Solutions Engagement CS
IBM Power Systems software
Oracle Fusion Applications
TopCAATs
ACL Business Assurance Analytics
Sage HandiSoft HandiLedger
Medical procedure coding software
PricewaterhouseCoopers TeamMate
Medical condition coding software
Microsoft Word
CaseWare International IDEA
Kirix ProffiPoint
Tableau
Digital analysis tests and statistics DATAS for Excel
MRO Audit Tracker
Paisley AutoAudit
Oracle E-Business Suite Financials
UNIX
Sageworks ProfitCents
Thomson PPC e-Tools Suite
Choice Technologies PowerBill +
Lawson ERP
RSM McGladrey Auditor Assistant
Accounting compliance software
ACL Audit Exchange
Brentmark Estate Planning Quickview
Automated auditors fraud detector software
Microsoft Access
BNA Corporate Tax Audit Analyzer
Datavantage
Microsoft Office
IBM Cognos Impromptu
TrendTracker Compliance Solution
CaseWare Working Papers
Microsoft Visio
Lumigent Entegra
Corel WordPerfect Office Suite
CaseWare International IDEA SmartAnalyzer
CashFlow Guardian
Bi3 Audit Intelligence
Cebos MQ1 Audit System
Sampson Data Pattern Index software
Paisley Cardmap
Structured query language SQL
Bi3 Financial Statement Fraud Analysis
MethodWare ProAudit Advisor
Cammack Computations Inter-Est
RSM McGladrey Advanced Practice Solutions Paperless Audit
Star Software Fixed Asset Depreciation
Spreadsheet software
Intuit QuickBooks
D'Arcangelo Galileo
Tax software
Guidance Software EnCase Enterprise
Thomson Creative Solutions Financial Analysis CS
Palisade @Risk
Microsoft Visual Basic
Microsoft Excel
Audit management software
Tax compliance property tax management software
LexisNexis
Paisley IssueTrack
Pentana audit work system PAWS
InformationActive ActiveData for Excel
Corporate Responsibility System Technologies Limited Compliance Positioning System
Star Software Materiality Calculator
Paisley RiskNavigator
Oracle Primavera Enterprise Project Portfolio Management
Healthcare common procedure coding system HCPCS
OSI TrustWise
Oracle Hyperion
Microsoft Dynamics
TechSmith Camtasia
SAS
Google Slides
AuditWare