Job Description

Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures. • Prepare detailed reports on audit findings. • Report to management about asset utilization and audit results, and recommend changes in operations and financial activities. • Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies. • Supervise auditing of establishments, and determine scope of investigation required. • Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions. • Prepare, analyze, and verify annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning. • Review data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures. • Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity. • Confer with company officials about financial and regulatory matters. • Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate. • Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations. • Examine inventory to verify journal and ledger entries. • Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets. • Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives. • Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws. • Review taxpayer accounts, and conduct audits on-site, by correspondence, or by summoning taxpayer to office. • Examine records, tax returns, and related documents pertaining to settlement of decedent's estate. • Produce up-to-the-minute information, using internal computer systems, to allow management to base decisions on actual, not historical, data. • Direct activities of personnel engaged in filing, recording, compiling, and transmitting financial records. • Conduct pre-implementation audits to determine if systems and programs under development will work as planned.