Qualifications

Auditors are graduates of Bachelor’s/ College Degree in Finance/ Accountancy/ Banking or equivalent . At least one (1) year of working experience in related field is preferred.

Competencies
Knowledge, Skills and Attributes
  1. Knowledgeable in Accounting and Financial Reporting Standards
  2. Working knowledge of statutory and regulatory requirements
  3. Good communication skills (written and oral comprehension and expression)
  4. Attention to details and analytical skills
  5. Ability to meet deadlines
  6. Ability to utilize Management Information Systems (MIS)
  7. Familiarity with business and ethical and standards
  8. Independent
Cost of Education and Training

A course in Accountancy/Banking/Finance takes four to five years to complete plus additional months to review for the licensure examination for CPAs. The tuition fee in private colleges and universities range from P30,000 – P75,000 per semester while public colleges and universities offer courses free of tuition.

Employment Prospects
Monthly Salary Range
P18,000 - P46,000

Industries
  • Banking and Finance
  • Education
  • Hotel, Restaurant and Tourism
  • Manufacturing
  • Transportation and Logistics
Propects for Career Advancement

Auditors may specialize in various areas such as:

  • Risk Assessment
  • Internal Controls
  • Information Systems Audit

Within years of experience and additional certifications, they can be:

  • Lead Internal Auditors/Audit Supervisor
  • Audit Manager
  • Risk Manager
  • Project Manager
  • Internal Audit Director
  • Internal Audit Executives (Finance Director/VP, Chief Financial Officer, Controller)