Interview

17 Auditor Interview Questions and Answers

Learn what skills and qualities interviewers are looking for from an auditor, what questions you can expect, and how you should go about answering them.

Auditors play an important role in safeguarding businesses and organizations by helping to ensure their financial statements are accurate. They also work to prevent and detect fraud. In order to become an auditor, you need to be able to pass an interview.

One way to prepare for your interview is to know what questions you may be asked. In this article, we will list some of the most common auditor interview questions and provide sample answers.

What made you want to become an auditor?

This question can help the interviewer get to know you better and understand why you are passionate about this career. Your answer should include a brief story or anecdote that highlights your interest in auditing.

Example: “I became interested in becoming an auditor when I was in college, where I took a few accounting classes. In one of my classes, we had a guest speaker who talked about her job as an auditor for a large company. She explained how she helped companies save money by finding errors in their financial records. After hearing her talk, I knew I wanted to become an auditor because it seemed like such a rewarding career.”

What do you think are the most important qualities for a successful auditor?

Interviewers ask this question to see if you have the qualities they’re looking for in an auditor. They want someone who is detail-oriented, organized and able to work independently. When answering this question, think about what skills helped you succeed as an auditor in your past roles.

Example: “I believe that a successful auditor needs to be highly organized and detail-oriented. Auditors are responsible for reviewing large amounts of information, so it’s important to be able to keep track of everything. I also think it’s important to be independent because auditors spend most of their time working alone. In my last role, I was tasked with conducting audits on several different companies at once. I had to learn how to manage my time effectively so I could meet all of my deadlines.”

What education and experience do you have in accounting and finance?

Interviewers may ask this question to learn more about your background and how it relates to the position. They want to know if you have any experience in auditing, accounting or finance. If you do, they may also want to know what types of projects you worked on.

Example: “I have a bachelor’s degree in business administration with an emphasis in accounting. I’ve been working as an accountant for five years now, where I’ve gained valuable experience in financial reporting and analysis. In my current role, I work closely with our CFO to ensure all company finances are accurate and up-to-date.”

What do you think is the most challenging part of being an auditor?

This question can help the interviewer understand what you find challenging and how you approach those challenges. Your answer can also show your passion for auditing by highlighting a specific part of the job that you enjoy most.

Example: “The most challenging part of being an auditor is finding ways to improve processes without disrupting them too much. I always try to make sure my recommendations are as simple as possible so they’re easy to implement, but sometimes it’s hard to know exactly what changes will have the biggest impact on a company. In these situations, I like to meet with key stakeholders to get their input on which changes would be best.”

Can you share a project you spearheaded during your time as an auditor?

This question can give the interviewer insight into your leadership skills and ability to take on projects. Use examples from your experience that highlight your critical thinking, problem-solving and communication skills.

Example: “In my last position as an auditor, I was tasked with reviewing a company’s financial records for the past five years. The company had recently undergone some changes in management, so I needed to make sure there were no discrepancies between the previous management team’s reports and those of the current one. After conducting interviews with key employees and analyzing the documents, I found that the new management team was accurately reporting their finances.”

Tell me about a time when you had to give critical feedback to management or shareholders.

This question can help interviewers understand how you handle conflict and criticism. Use examples from your experience to show that you can be assertive, but also diplomatic when necessary.

Example: “In my last role as an auditor, I noticed a trend of the company’s financial reports being late every quarter. This was causing shareholders to worry about the company’s performance, which could have led to a drop in stock prices. I met with the CFO and CEO to discuss this issue. They were surprised by the news, but they appreciated me bringing it up so we could work on finding a solution together. We decided to hire another accountant to help with the quarterly reporting process.”

7.What recommendations would you make to improve internal controls within a company?

This question is an opportunity to show your knowledge of internal controls and how you can improve them. You can answer this question by providing a specific example from your experience or by giving a theoretical example of what you would do if you were in charge of improving the company’s internal controls.

Example: “In my last role, I noticed that there was no segregation of duties when it came to approving expenses. This led me to recommend implementing a dual-approval system for all expense reports. The company implemented this change, which helped reduce errors and ensure proper authorization of funds.”

How do you handle stress while working on complex audits?

Auditors often work on complex projects that require them to analyze large amounts of data. Employers ask this question to make sure you have the ability to handle stress and remain focused while working on these types of assignments. In your answer, share a few strategies you use to manage stress in high-pressure situations. Explain how these methods help you stay productive and meet deadlines.

Example: “I find that taking short breaks throughout the day helps me reduce stress when I’m working on complex audits. During my breaks, I like to get up from my desk and walk around for a few minutes. This gives me an opportunity to stretch my legs and clear my mind so I can return to my work feeling refreshed. Another strategy I use is deep breathing exercises. When I feel overwhelmed by a project, I take a moment to close my eyes and focus on my breath. This simple technique has helped me calm down and refocus on the task at hand.”

Can you share an instance where you identified potential risks within a company?

Interviewers may ask this question to assess your ability to identify risks and take action. Use examples from previous experience where you used critical thinking skills to analyze a company’s financial records, including analyzing the risk factors and determining how best to mitigate them.

Example: “In my last role as an auditor, I noticed that one of our clients was experiencing higher-than-average returns on their inventory. This could be a red flag for fraud or theft, so I decided to investigate further. After looking at the client’s sales data, I determined that they were selling products at a lower price than what they paid for them. I reported this information to my manager, who then informed the client of the issue. The client took immediate action by lowering their prices to match their costs.”

What do you think is the most important thing for auditors to keep in mind?

This question is a great way for employers to learn more about your values as an auditor. They want someone who can be trusted with confidential information and understands the importance of maintaining client privacy. In your answer, share what you think is most important in this role and how you would act on it.

Example: “I believe that confidentiality is one of the most important things for auditors to keep in mind. I know that my clients trust us to maintain their privacy, so I always make sure to handle any sensitive information carefully. I also understand that we are responsible for making sure our reports are accurate, so I take extra care when gathering data and performing calculations.”

Do you have any questions for us about the auditor position?

This question is your opportunity to show the interviewer that you have done your research on their company and are genuinely interested in the position. It’s important to ask questions that demonstrate your interest in the role, but also allow you to learn more about the company culture and what it’s like to work there.

Example: “I noticed that this organization has a strong focus on diversity and inclusion. I’m very passionate about these values as well, so I was wondering if you could tell me more about how the auditor team supports these initiatives? Also, I noticed that you offer an employee discount program for local businesses. I love exploring new places, so I would love to hear more about which restaurants and stores employees can get discounts at.”

Why do you want to work at our company specifically?

This question can help the interviewer get to know you better and understand why you are interested in working for their company. It also helps them see if your goals align with the company’s goals, which is important when considering a new hire. When answering this question, it can be helpful to mention specific aspects of the job listing that appeal to you or how you think you would fit into the role.

Example: “I am very passionate about accounting and financial management, so I was excited to learn more about this position at your company. I noticed that you have an excellent reputation within the industry and that you offer competitive salaries. I feel like my skills and experience could really benefit your team and help your company achieve its goals.”

What do you think sets your experience apart from other candidates?

This question is your opportunity to show the interviewer that you have unique skills and talents. Use this time to highlight a skill or experience that makes you an ideal candidate for the position.

Example: “I think my background in accounting sets me apart from other candidates because I understand how to use financial statements to find errors. In my last role, I noticed that our company was missing some of its cash receipts. After reviewing the company’s records, I discovered that one of the employees had been embezzling money from the company. My ability to notice discrepancies helped us recover $50,000.”

Tell me about a time when you had to work with limited resources.

This question can help employers understand how you handle challenges and whether you’re able to work effectively with limited resources. Use examples from your experience where you had to overcome a challenge or complete an audit despite having fewer tools, staff members or time than expected.

Example: “In my last position as an auditor for a large corporation, I was tasked with auditing the company’s financial records in addition to those of its subsidiaries. The company owned several smaller companies that were located across the country, so traveling to each location to conduct interviews and review documents took more time than anticipated. To meet the deadline, I worked late nights and weekends to ensure all of the audits were completed on time.”

Can you share an instance where you had to rapidly adapt to changing circumstances?

This question can help interviewers understand how you respond to unexpected situations and whether you’re able to adapt quickly. Your answer should include a specific example of when you had to change your plans due to an unforeseen event, along with the steps you took to adjust.

Example: “In my previous role as an auditor for a large corporation, I was tasked with auditing several departments within the company. One day, one of the department managers called me and said that they were going to be out of the office for two weeks on vacation. This meant that I would have to audit their department twice instead of once. I spoke with the other department managers who were also being audited by me and asked if any of them could take over the second audit. They all agreed, so we rearranged our schedules to accommodate each other.”

Can you describe a time when you identified errors in a company’s financial statements?

This question is an opportunity to show your analytical skills and ability to find errors in financial documents. When answering this question, it can be helpful to describe a specific situation where you found the error and how it was fixed.

Example: “In my last role as an auditor, I noticed that one of our clients had not reported $10,000 worth of inventory on their balance sheet. After investigating further, we discovered that they had sold some of their inventory before recording it on their books. We informed them of the mistake and helped them correct their records.”

What would you say is your greatest strength as an auditor?

This question is an opportunity to highlight your skills and abilities as they relate to the job. When answering this question, it can be helpful to think about which of your skills you feel are most important for this role.

Example: “My greatest strength as an auditor would have to be my attention to detail. I am very thorough when conducting audits, making sure that I look at all aspects of a company’s financial records. This helps me ensure that I find any errors or discrepancies in their accounting practices. In my last position, I found several areas where companies could save money by implementing more efficient processes.”

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