Auditors are given special provisions in accounting sectors. The key role of auditors is to review the accounts of the organizations and companies and to validate their records and perform legal work. The key role as an auditor is to recommend possible risk aversion measures and cost savings measures for the clients. They can also work for the independent chartered and certified firms and doing effectively the work of money transactions. The responsibilities of auditors are:- Collating, checking and analysing spreadsheet data, Checking that financial reports and records are accurate and reliable, Gauging levels of financial risk within organizations, Examining company accounts and financial control systems, Ensuring that assets are safeguarded.
A bachelor’s degree in any stream will be helpful. The audit and account service is the most crucial step and responsibility granted to the students in India. The age criteria of an audit and account service officer should be 18 years to 27 years. The audit and account service should work in accordance with maintaining the security of the railway boards, commissions and central vigilance.
To become auditor and account service, one should fill the application forms. Filling of application form from any post offices is the first step to become an audit and account serviceofficer. There are preliminary exams that had to be given. It includes two papers, Paper1 and Paper 2. Those who get qualified have to appear for the final exam. The next step is to face interviews. Interviews consist of two test, mental ability and personality test.
Then after this, they are given training and then are posted in the various organizations.
The starting salary given to audit and account service officer starts from Rs 15,000-20,000Rs. The salary gets hiked with the increase in the position and experience.