What are auditors?

Accountants and auditors help to ensure that companies in the nation to operate effectively, its public records kept accurately, and its taxes paid timely. They perform these vital functions by offering a service increasingly large business and variety, including financial service, management and government accounting, and internal auditing, to their clients. Beyond the implementation of the fundamental tasks of the occupation preparing financial documents, analysis and verification to provide information to clients-many accountants now are required to possess a wide range of knowledge and skills. Accountants and auditors broaden their service offerings to include budgeting, financial planning and investment analysis, technology consulting information and limited legal services. Specific tasks vary considerably between the four major fields of accounting: public management and government accounting and internal auditing. Internal auditors verify the accuracy of their organization's internal records and check for mismanagement, waste, or fraud. Internal audit is an area of ​​increasing importance of accounting and auditing. Internal auditors examine and evaluate their financial management systems and procedures for information management and internal controls to ensure that records are accurate and controls are adequate to protect against fraud and waste. They also review company operations, evaluating their efficiency, effectiveness and respect for the company and the procedures, laws, regulations and government policies. There are several types of accounts highly specialized, such as electronic data processing, environmental, engineering, legal, the insurance premium, bank, and auditors of health. As computer systems are timely, internal auditors help managers to base their decisions on actual data, rather than personal observation. Internal auditors may also recommend controls for their organization's computer system to ensure system reliability and data integrity.
Public accountants and auditors work in the public sector, maintaining and examining the records of government agencies and businesses and individuals whose activities are subject to regulation or taxation of private government audit. Accounting for federal employees, state and local governments ensure that revenues are received and expenditures are made in accordance with laws and regulations. Those employed by the federal government can work as agents of the Internal Revenue Service or the financial management, financial institution examination, or analysis and budget management.

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