I think you might go back to software dev. Wherever you get a job, talk to the managers in the areas you’re interested in moving to, and let them know your interest. In the meantime, you will be meeting new people and gaining good contacts. If you have an opportunity to get into either general audit or IT audit, choose the job based on whether you are more comfortable with accounting or IT. If you only get one option, take whatever comes up.
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Whether you’re a small business owner or just want to understand your 401 statements, this new edition of Accounting for Dummies helps you get a handle on all those columns of numbers. With fully up-to-date accounting basics for business and personal finances, this audiobook will help you to balance your books and stay in the black. As I have complained on this blog, a large percentage of IT auditors don’t understand IT or technology. You certainly would be better than some IT auditors I’ve seen.
But I’ve found many auditors don’t know those basics. Most importantly, despite my business background, I have very little accounting knowledge. But I have already started informal accounting studies via books and the internet. I know there’s a lot of hype about data analytics everywhere, but lots of auditors still don’t do it. In another 3 years, those auditors will be left behind. More and more departments are doing their own business intelligence and analytics and audit is about to be left behind.
Financial officers, auditors, police officers, and other detectives all rely on forensic accountants. You may wonder what type of person becomes a forensic accountant. This audiobook will detail not only what it takes to be one but also how to be good at it.
Auditing: The Ultimate Guide To Performing Internal And External Audits
Learn about the different types of fraud, how to detect fraud, how to review financial statements and inventories through the eyes of a detective, and more. Having studied business economics makes reading this book very easy to understand/follow. However it could have gone in more detail or offered more numeric examples on certain audit procedures. Just to offer the reader what to look for and how to spot material misstatements. Another thing I would do right away is learn as much as you can about analyzing data in Excel. You can do a lot in Excel, more than the average auditor realizes. I have a series of posts about that, but it’s elementary stuff, and auditors today need to go way beyond that.
I really appreciate the amount of time and thought you put into your blogs. Here’s some links for Audit and IT Audit for dummies, one from the IIA, the other from ISACA. Most of them do not require being a member or logging in.
Thanks for taking the time to comment and for the encouragement. These things are not obvious to all. Keep in mind that not everyone comes to auditing from an auditing background. While these articles are not extensive, they will point new auditors in the right direction, and provide a refresher for the rest of us. Just a moment while we sign you in to your Goodreads account. To everyone who has to deal with auditing this book gives very good insight without being too technical. Goodreads helps you keep track of books you want to read.
If you don’t like the links in the above post, go to the top right of this page, and under Quick Links, click CISA. That will give you a list of all the CISA posts I’ve written. You could also do volunteer work for a charity or small business to gain more experience and contacts. Often, the people you meet volunteering can really help you get where you want to go.
Is there any other certs i should consider apart from cissp since i don’t have experience. I’d suggest you talk to auditors at your company and companies where your friends work for local advice. Work experience is just 4 months in system management and routing.I have tried to get into the entry level positions at the big 4 but nothing worked out there.
- This was somewhat of a disappointment.
- Suppose a small business owner who wanted to be audited for whatever reason needed to familiarize their self with Auditing purchased this book and happens to own Quickbooks.
- If you don’t like the links in the above post, go to the top right of this page, and under Quick Links, click CISA.
- Wherever you get a job, talk to the managers in the areas you’re interested in moving to, and let them know your interest.
- Download Product Flyer is to download PDF in new tab.
Guess I better write a post about that…. Dummies has always stood for taking on complex concepts and making them easy to understand. Dummies helps everyone be more knowledgeable and confident in applying what they know. When you say “start both at the same time”, do you mean studying? Either way, I’d start with one or the other, not both. The most important thing to learn first is how to audit. Then with each audit, you learn more of the specifics, whether it’s accounting or technology.
The easy way to master the art of auditing Want to be an auditor and need to hone your investigating skills? This friendly guide gives you an easy-to-understand explanation of auditing — from gathering financial statements and accounting information to analyzing a client’s financial position. Packed with examples, it gives you everything you need to ace an auditing course and begin a career today. Want to be an auditor and need to hone your investigating skills? This friendly guide gives you an easy-to-understand explanation of auditing — from gathering financial statements and accounting information to analyzing a client’s financial position. This friendly guide gives you an easy-to-understand explanation of auditing—from gathering financial statements and accounting information to analyzing a client’s financial position. This friendly guide gives you an easy-to-understand explanation of auditing – from gathering financial statements and accounting information to analyzing a client’s financial position.
Some audits, of course, neither of us would be able to do, as they require deep financial understanding of finance and fraud. Given my background I was wondering if I should concentrate on Audit at first and then shift to IT or start both together at the same time. I did read one of your blogs about CISA where you mentioned CISA was more about auditing than IT.
Is the auditor you’ve talked to a general auditor or IT? Make sure you talk to at least 1 of each type of auditor and get their input. Finally, one of the most important reasons I’m considering changing fields is because I’m willing to, or should I say I want to put in that extra effort to learn something new. Also the fact that I just turned 23 and got a long way to go, I thought it would be better if I switch early.
I do understand you are not a career counsellor, but your honest replies to all the queries put forward to you in the comments section, pushed me to give it a try. That will often save you a lot of grief down the road and hassle getting the audit rescheduled. Here’s a shout out to madzutopia who left me a comment about audit basics, and got me thinking about a post like this. We’re sorry; this specific copy is no longer available.
Books By Maire Loughran
As a whole ‘Auditing for dummies’ has given me a clearer picture on the objectives of auditing, audit procedures & audit language, and certain sensitive areas in auditing to keep a look out for. You could also consider learning how to use ACL or IDEA, which are typical analytic programs used by auditors . Thanks for the advice, i actually did have a talk with my companies internal auditor.I think something might work there,btw i really liked your behind locked door series that was a good read. Google search led me to your blog comparing cisa and cia certification. I am not familiar with the CISMP other than what I just read, but you will not be able to get the CISA cert without some applicable experience. You may be able to use some of your software dev experience for the CISA experience if you work on some compliance, privacy, or security projects. Even so, passing the CISA exam won’t hurt you, and it is not expensive.
I see unskilled IT auditors all the time. The key is to find someone who needs an entry-level auditor who is willing to learn. The Big 4 take a lot of people with little experience, but I do not recommend that route as it is a hard road unless you are desperate. You’re the first one who has said he actually talked to an auditor. I would think that person’s opinion would be better than mine, so talk to that person some more as he knows you a bit better and certainly understands the employment market you’re in. I’ve seen Skyyler’s rough draft of his next post and it’s good.
Maybe someday Skyyler will write some post on scripting basics. The basics ARE really easy and simple scripts are not hard to master. Maire Loughran is a self-employed certified public accountant who has prepared compilation, review, and audit reports for fifteen years.
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They would most likely not see the humor. I understand the intention is to “dumb down” the material, but there is a point to where it becomes hard to read. It’s almost written on a middle school age level. She constantly refers to different parts of the book and some cases to the next paragraph, which becomes more distracting than helpful. If she was paid by the word, then I guess she was well paid. As I never took Auditing in college and plan to sit for the CPA Exam, I wanted a crash-course or quick overview before I plowed into the CPA review course. This was somewhat of a disappointment.