Occupation

211233 Internal Auditor

Latest release
Consultation draft: Australian and New Zealand Standard Classification of Occupations (ANZSCO)
Cite
Reference period
July 2024
Released
25/07/2024
Next release Unknown
First release

211233 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

ANZSCO skill level

This occupation has a skill level corresponding to the qualifications and experience below.

Australia

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

New Zealand

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

Main tasks

  • Evaluates cost effectiveness and risks of operational processes, policies, and systems
  • Evaluates equity management, debt management, securities, and taxation planning issues
  • Collects, analyses, and interprets information on the financial standing, cost structures, and trading effectiveness of organisations
  • 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