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What Is an Audit Associate and How to Become One

Audit Associate

What Is an Audit Associate?

An audit associate provides technical and clerical support for a lead auditor to help examine and verify an organization’s processes or financial information. Under the supervision of an audit department, your duties as an associate auditor include planning and carrying out aspects of an internal audit aimed at improving the efficiency or financial health of a company. In addition to providing accounting assistance, you may conduct interviews with employees and create reports of findings for the auditing department. Qualifications for a career as an audit associate include a bachelor’s degree in accounting, statistics, or a related field, as well as relevant job experience. Audit associates also need excellent attention to detail, strong written and verbal communication skills, and advanced math ability.

How to Become an Audit Associate

The qualifications that you need to become an audit associate include strong mathematical, organizational, and clerical skills. Since you provide support for auditors, your duties and responsibilities can vary based on their needs. Employers typically require candidates to have at least a bachelor’s degree in accounting or a closely related field. In some jobs, you may need a master’s degree or a Certified Public Accountant (CPA) credential. You can gain experience in this field by working as an intern during your undergraduate studies.

Audit Associate Job Description Sample

With this Audit Associate job description sample, you can get a good idea of what employers are looking for when hiring for this position. Remember, every employer is different and each will have unique qualifications when they hire for a Audit Associate role.

Job Summary

We are looking for an experienced and detail-oriented Audit Associate. You will work alongside senior auditors and other associates to examine client documents and procedures in the areas of cash, inventory, receivables, payroll, and expenses. Our ideal candidate has at least one year of auditing experience, knows how to research auditing issues, and is proficient in electronic databases and audit-related software. You must be eligible for CPA licensure and willing to work extended hours when necessary.

Duties and Responsibilities

  • Review client paperwork for inconsistencies, errors, or non-compliance
  • Identify audit issues and research how to resolve them
  • Collaborate with other associates and senior auditors to ensure all documents are evaluated properly
  • Communicate audit status with clients and supervisors to ensure open dialogue

Requirements and Qualifications

  • Bachelor's degree in accounting
  • Completion of required education hours for CPA licensure
  • 1+ years of audit experience in public accounting
  • Working knowledge of GAAP and accounting procedures
  • Excellent communication and organizational skills
  • Attention to detail
  • Flexible schedule (including working overtime)