How to Become an Internal Auditor and Make SIX FIGURES Salary

Internal Auditors are always on demand just as their counterparts, the Accountants. Businesses of all sizes hire Internal Auditors to evaluate their control environment and to review their financials.

Companies that are publicly traded in one of the Stock Exchanges must have internal auditors to independently review the company's controls and to attest to the financial health of the business. Internal Auditors' salaries have reached well above six figure levels with just a few years of experience.

Things You'll Need

• college degree
• business degree

Instructions

1. 

   **Education**

   Become an internal auditor by getting a four years college degree. Internal auditors come from different fields of education. Business, Finance, Engineering, Accounting, Liberal Arts etc. are some of the areas where auditors come from. However, because of the nature of the work most internal auditors do, a business or an accounting degree is recommended. Many companies require that internal auditors pursue a Master Degree, preferably an MBA.

2. 

   **Certification**

   Become an internal auditor by getting professional certifications. The most popular one for internal auditors is the Certified Internal Auditor or CIA certification. This is a four parts exam administered by the Institute of internal Auditors or IIA. Certifid Auditors have the most careers opportunities.

   The exam covers accounting, finance, taxation, internal controls, technology and other general business subjects. Go to the IIA website to find out more details on this certification. Other certifications for internal auditors are the CPA or certified public accountant and the CISA or the certified information system auditor.

3. 

   **Experience**

   The majority of internal auditors start a career in audit fresh out of college. Many companies have in house training or pay for outside training for their beginner auditors. If you get one of the certifications there is a requirement to complete Continuing Education Credits every year.

4. 

   **Salaries**

   The salary for internal auditors varies depending on experience and industry expertise. Auditors working in the financial service industries, such as banking and brokers with five or more years of experience plus certifications, can make top salaries in the six figures. For more information see Resources directly below this article.

Resources

• CIA Review Guides at Amazon