What is an Auditing?
An audit is an “independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted to express an opinion thereon.
Where Can I Study Auditing In South Africa
Institute of Internal Auditors South Africa (IIA SA)
South Africa | IFAC
Quality Auditing (CPUT)
What are the types of audits?
Several types of audits can be conducted, including the following:
- Compliance audit.
- Construction audit.
- Financial audit.
- Information systems audit.
- Investigative audit.
- Operational audit.
- Tax audit.
What subjects are needed to become an auditor?
Education Requirements for Becoming an Auditor. An undergraduate degree in accounting is the minimum educational requirement for pursuing a career as an auditor. However, most public accounting firms prefer that their internal auditors hold a master’s degree in accounting.
How much do auditors earn in South Africa?
An experienced Internal Auditor with 10-19 years of experience earns an average total compensation of R385,930 based on 69 salaries. In their late career (20 years and higher), employees earn an average total compensation of R550,000.