What does a Principal Auditor do?

Auditors are responsible for tracking the cash flow and accounts of companies to ensure that they are being recorded and processed correctly, that assets are protected through appropriate control measures, and that financial records meet legal standards. Auditors can work in both the public and private sector as an internal audtor, an external auditor, or an independent auditor.

Most auditors have a Bachelor's degree in accounting or finance. Additionally, many auditors also have a Certified Public Accountant (CPA) credential, which is obtained by passing a national exam and a completing a minimum number of college coursework hours. Auditors need to have a keen eye for detail, a strong ability to work under pressure, and a knack for problem solving.

  • Develop audit objectives, plans, and scope by reviewing available information and conducting research
  • Help design, implement, and maintain internal audit procedures and risk assessment processes
  • Prepare audit findings, write audit reports, and develop recommendations
  • Ensure complaince with all applicable plans, policies, and standards
  • Stay current on industry trends, and best accounting and audit practices
  • Ensure accuracy of financial information
  • Follow up on audit recommendations
  • Bachelor's degree in Accounting, Finance, or related field. CPA preferred.
  • 3-6 years experience in financial accounting, auditing, or a combination thereof, preferably in public accounting
  • Strong understanding of accounting, banking laws, regulations, and internal controls
  • Sound understanding of audit theories, principles, and practices
  • Familiarity with general accounting practices and techniques
  • Strong interpersonal skills, critical thinking skills, and time management skills
  • Proficient verbal and written communication skills
  • Comfortability working in a collaborative environment
  • Proficient in Microsoft Office applications
EducationBachelor's Degree
Work/Life Balance
2.9 ★
Salary Range--
Career Opportunity
3.9 ★
Avg. Experience2-4 years

Principal Auditor Salaries

Average Base Pay

$109,209 /yr
Same as national average
Not including cash compensation
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$80K
Median: $109K
$149K
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Glassdoor Estimated Salary

Principal Auditor Career Path

Learn how to become a Principal Auditor, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L5
Principal Auditor
$109,209/yr
L6
L7
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Principal Auditor Insights

Read what Principal Auditor professionals have to say about their job experiences and view top companies for this career.
ADKF, PC.ADKF, PC.
Audit Staff
May 21, 2021

“Everyone who works here is highly ambitious and motivated to further their career and expertise.”

Frazer, LLPFrazer, LLP
Audit Associate
Jun 1, 2021

“Since I left I’ve been hired at another firm and everyone is so nice and respectful.”

SGV & Co.SGV & Co.
Audit Associate
Feb 25, 2021

“I worked as an Audit Associate in the Asia Pacific Talent Hub in SGV and i find my colleagues really friendly and cool.”

DeloitteDeloitte
Audit Senior
Aug 24, 2020

“Deloitte is a great place to start your career and build your skills and knowledge.”

Mercer & HoleMercer & Hole
Audit Trainee
Dec 11, 2020

“The growth opportunities are endless and I am looking forward to progress further in my career with them.”

Gryphon Financial GroupGryphon Financial Group
Audit Manager
Apr 27, 2021

“level position while finishing my Bachelor’s degree and have been given many opportunities to grow.”

Marsh McLennanMarsh McLennan
Internal Audit Manager
Mar 12, 2020

“Requires some travel which I was not comfortable with given personal obligations that require me to stay close to home”

KPMGKPMG
Audit Senior Associate
Feb 3, 2021

“steep learning curve; I was offered an opportunity to lead an engagement during my first year in KPMG MY”

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Principal Auditor Interviews

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Principal Auditor Jobs