We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

How Do I Become an Independent Auditor?

By Theresa Miles
Updated Mar 03, 2024
Our promise to you
Practical Adult Insights is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At Practical Adult Insights, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

Independent auditors are expected to have a bachelor's degree in accounting and experience working in general accounting, typically at a public accounting firm. With those basic credentials, you can specialize in auditing and eventually become an independent auditor who can render a professional opinion and sign off on audit reports. Certain advanced credentials will make it easier to develop a professional profile, such as professional certification and an advanced degree.

An auditor is an accountant who has a specialty. The basic educational requirement to become an accountant is a bachelor's degree in accounting. Unlike certain other majors, your grade point average and grades in the classes within the accounting major will affect your hiring prospects with major public accounting firms. You must demonstrate a certain proficiency with numbers and financial topics through success in school before a company will hire you to keep track of its money.

Auditors for companies can be either internal or external. An internal auditor is an employee of the company and provides financial oversight and control on an ongoing basis. External auditors, conversely, are independent and work for an outside firm that provides consulting services to the company on a periodic basis. To become an independent auditor, it often makes the most sense when coming out of schools to look for an entry-level position with an accounting firm rather than with a corporate accounting department.

After you have some experience in general accounting, you can start positioning yourself to become an independent auditor. Public corporations are required by law to have an independent audit done once a year. You should have opportunities to work on audit teams at certain busy times, even while maintaining a general accounting workload. As you progress in the specialty, however, your employer likely will require you to obtain your professional certification before you will be allowed to sign audit reports that provide your own professional opinions.

Every country certifies its accountants according to its own established procedure. In the United States, for example, accountants are certified at the state level. You will need 150 hours of coursework in the U.S. before you will be eligible to take the certification exam. This number of hours is equivalent to obtaining bachelor's and master's degrees. If you plan to become an independent auditor, it makes the most sense to work toward an advanced degree, such as a Master of Business Administration (MBA), because you will need the hours to qualify for the certification exam in any case.

You must take a two-day standardized certification test after you have the requisite number of coursework hours. If you pass the standardized exam, you are allowed to represent yourself as a certified public accountant (CPA). With your educational degrees, the professional certification and practical audit experience, you will be well qualified to apply for a position as an independent auditor.

Practical Adult Insights is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Discussion Comments
Practical Adult Insights, in your inbox

Our latest articles, guides, and more, delivered daily.

Practical Adult Insights, in your inbox

Our latest articles, guides, and more, delivered daily.