5 outstanding qualities of an auditor to look out for

Internal auditors are an essential component of good governance, risk management, and controls in any organization. What characteristics of an auditor should you look out for if you’re thinking about hiring now or in the future to make sure you choose the best candidate? While technical skills have long been in demand in the digital age, soft skills are now more commonly acknowledged as being crucial to the overall performance of the internal audit. in particular in the age of agile auditing. There is no doubt that internal auditors’ distinctive and adaptable skill sets are essential in fostering improvements that support their organizations’ success, despite the fact that individual auditing approaches may vary.

 

Qualities of a good auditor

Let’s explore each of the qualities one by one. 

 

Integrity

Internal auditors must be able to analyze, counsel, and influence behavior at the highest levels of the organization in an objective manner. This, however, might occasionally encounter opposition and dispute.  Internal auditors should conduct themselves with integrity and tenacity to find solutions that are beneficial. The highest-paid person’s opinion (HiPPO) doesn’t bother the finest internal auditors.  Some people will just agree with the person in the room who makes the most money since it would be awkward to confront them. Since an internal auditor’s job requires them to have an opinion on a variety of topics, they must be self-assured enough to voice their concerns and objections.

 

Communication 

Internal auditors have traditionally valued good communication skills. However, there are new requirements for audit experts today. Producing well-written reports alone is no longer adequate; there needs to be a dialogue with the rest of the organization. In every part of their analyses and reports, internal auditors should be precise, succinct, and directive. This will guarantee that business executives value their advice and follow it.  Additionally, it’s critical to be skilled at visual analytics given the large volumes of information  that must be compiled and communicated, as this may help to elicit a prompt response from the board.

 

Technology 

Internal audits can be completed in a matter of hours or even days with the help of audit software. It’s crucial that internal audit professionals feel at ease using technology if they want to enjoy these benefits. They may spend more time strategizing, supporting sound company governance, and managing risk if they have a firm grasp of technology. Additionally, auditors that are technologically educated are far better able to comprehend and provide assurance on technology risks like cybersecurity and system breakdowns.

 

Collaborative relationships 

The finest internal auditors can build a strong rapport with stakeholders across the organization and engage and influence them. Although creating these connections can take some time, there is no denying the advantages. By setting up this foundation, auditors can decrease resistance during the auditing process, foster better knowledge of the crucial role internal audit plays in the company, and speed up the sharing of information in response to audit requests.

 

Team orientation 

It’s critical to have the ability to build a cohesive team. This not only demonstrates a high level of emotional intelligence but also results in an internal audit service that runs more smoothly. The highly integrated structure of this duty necessitates close peer collaboration because auditors have varied levels of knowledge to offer. Supportive and eager to offer their expertise, auditors should be. Similarly, effective leadership, influence, and empathy for other team members are also attractive traits for future audit leaders.

 

At Gerbes Consultancy, you will find the perfect consultant who have all these top qualities to make your organization successful.