The main responsibility of an auditor is to give an opinion on a set of financial statements as to whether or not they are a fair representation of a company's financial position. In Great Demand There are more than 10,000 publicly owned companies in the United States, and all of these companies require audited financial statements. A career in public accounting promises to be a stable and lucrative one.
Public accounting is also an excellent springboard for other careers in accounting.
Some CPAs turn to private practice and work as internal auditors, a position that is rapidly growing in importance. As computer systems make information more timely, top management can base its decisions on actual data rather than personal observation. Internal auditors examine and evaluate their firms' financial and information systems, management procedures, and internal controls to ensure that records are accurate and controls are adequate to protect against fraud and waste. There are many types of highly specialized auditors, such as electronic data processing auditors, environmental auditors, engineering auditors, legal auditors, insurance premium auditors, bank auditors, and health care auditors.