Auditor main job is to check that everything is being done correctly and legally,

 An auditor is a professional who examines and evaluates financial records, systems, or processes to ensure accuracy, compliance, and integrity. Their main job is to check that everything is being done correctly and legally, especially with money and financial reporting.

🔍 Types of Auditors & What They Do

1. Internal Auditor

  • Works within a company.

  • Checks for internal risks, inefficiencies, or fraud.

  • Suggests improvements to business processes or controls.

Example: “Is our finance team following company policy? Are we wasting money?”

2. External Auditor

  • Works independently (often in a firm like Deloitte, EY, PwC, KPMG).

  • Audits a company’s financial statements.

  • Gives an audit report to confirm if the financials are accurate and follow accounting standards (like IFRS, GAAP).

Example: “Can investors and the government trust the financial statements this company published?”

3. Government Auditor

  • Works for agencies like the Comptroller and Auditor General (CAG) in India or IRS in the U.S.

  • Audits government departments or companies to ensure public funds are used properly.

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