Internal Auditor
Internal Auditors are responsible for assessing the effectiveness of an organization’s internal controls, corporate governance, and risk management. They ensure compliance with laws, regulations, and internal policies. CFEs in this role often focus on fraud risk assessments and fraud prevention strategies.
Key Responsibilities of Internal Auditor:
- Internal auditors identify and assess the risks faced by the organization, including operational, financial, and compliance risks.
- They analyze internal controls and processes to determine the likelihood and impact of potential risks.
- Internal auditors develop a risk-based audit plan that outlines the scope, objectives, and timing of audit engagements.
- They prioritize audit activities based on the significance of risks and the needs of the organization.
- Internal auditors conduct audit procedures to evaluate the effectiveness of internal controls, assess compliance with policies and procedures, and verify the accuracy of financial information.
- This involves reviewing documentation, conducting interviews, and performing testing procedures.
- Internal auditors assess the design and operating effectiveness of internal controls across various business processes, such as financial reporting, procurement, and information technology.
- They identify control deficiencies and recommend improvements to mitigate risks.
Average Salary: The average salary of internal auditor in US is $88,422 per year.
Career after Certified Fraud Examiner (CFE) | CFE Jobs
The designation of a Certified Fraud Examiner (CFE) represents a standard of excellence within the field of fraud examination. CFEs are experts in the prevention, detection, and investigation of fraud. This certification is awarded by the Association of Certified Fraud Examiners (ACFE) and is indicative of the holder’s expertise in forensic accounting, legal elements of fraud, and fraud investigation methodologies. In the US, the demand for CFEs is significant due to the complex financial landscape and the need for stringent fraud detection and prevention mechanisms across various sectors.
Table of Content
- CFE Jobs in the US
- 1. Forensic Accountant
- 2. Fraud Investigator
- 3. Internal Auditor
- 4. Compliance Officer
- 5. Risk Management Specialist
- 6. Litigation Support Analyst
- Conclusion
- CFE Jobs in US – FAQs