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What does an Auditor earn?
Auditors typically earn around £29,700 per year in the UK. They are responsible for assessing the accuracy of a company's financial reports, examining financial documents and analysing the organisation's financial operations and reporting any discrepancies to management. Auditors may specialise in a certain area like business risk management, financial compliance, taxation or internal audit.
How to earn more as an Auditor
"To become an auditor, you will need a professional qualification such as ACCA, CIMA, ICAEW, CIPFA or CTA. You could also work your way up the ladder within a finance business, or become self-employed. As you gain more experience, you may be able to move into a specialised area such as tax, financial crime or IT audit and the best paid auditors can make over £52,000 a year.
Min: £15,000.00 Max: £52,000.00
Average Auditor Salary in UK : £29,748.84
Read about Auditor salaries, related jobs and salary information across the UK
Auditor Salary data from the ONS
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Recommended Auditor Jobs in UK
Salary by Region
Compare Auditor salaries across different regions
Region | Salary |
---|---|
Scotland | £24,315.02 |
Wales | £27,764.11 |
Northern Ireland | £22,855.80 |
East Midlands | £25,954.31 |
Eastern | £29,797.40 |
London | £31,742.33 |
North East | £28,255.41 |
North West | £31,031.74 |
South East | £29,514.74 |
South West | £27,087.48 |
West Midlands | £33,031.56 |
Yorkshire and the Humber | £27,140.19 |
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Understanding the Average Auditor Salary in the UK
Are you considering a career as an Auditor in the UK? It's important to have a clear understanding of the average salary for this role. According to average Accounting salaries, the average Auditor salary in the UK is currently £29,700 per year. However, it's important to note that this figure can vary depending on factors such as location, experience, and qualifications.
Salary Expectations for Newly Qualified Auditor
If you're a newly qualified Auditor, you may be wondering what salary you can expect. To get a better idea, you can explore the latest job listings on our job search page. This will give you an insight into the salary range offered to newly qualified Auditors in the UK. Keep in mind that entry-level salaries for this role typically range from £15,000 to £52,000 per year.
Salaries for Experienced Auditor
As an experienced Auditor, your salary can significantly increase. With a proven track record and expertise in the field, you can expect to earn a higher salary compared to your earlier years. The exact salary range for experienced Auditors can vary depending on factors such as the size and reputation of the company you work for, as well as your level of seniority within the organization.
Creating an Auditor CV
When applying for Auditor positions, having a well-crafted CV is essential. To help you get started, you can use our professionally designed CV template specifically tailored for Auditors. This template will guide you in highlighting your skills, qualifications, and experience in a way that will impress potential employers and increase your chances of landing your dream job.
Career Development Opportunities for Auditor
As an Auditor, there are numerous career development opportunities available to you. Whether you're looking to specialize in a specific industry or advance to a managerial position, it's important to stay informed about the latest trends and requirements in the field. Our career advice section provides valuable insights and guidance on how to progress in your Auditor career and maximize your earning potential.
Comprehensive Compensation for Auditor
Being an Auditor involves more than just a salary. It's important to consider the comprehensive compensation package offered by employers. This may include benefits such as health insurance, pension plans, paid time off, and bonuses. When evaluating job offers, it's crucial to take into account the overall compensation package to ensure it aligns with your financial goals and personal needs.
Strategies for Increasing Your Salary as an Auditor
If you're looking to increase your salary as an Auditor, there are several strategies you can employ. These include continuously updating your skills and knowledge, pursuing additional certifications, taking on challenging assignments, and demonstrating your value to the organization. By consistently delivering high-quality work and showcasing your expertise, you can position yourself for salary advancements and promotions.
Professional Development and Earnings
Investing in your professional development as an Auditor can have a direct impact on your earnings. By attending industry conferences, participating in training programs, and staying up-to-date with the latest regulations and best practices, you can enhance your skills and knowledge, making yourself more valuable to employers. This, in turn, can lead to higher salaries and better career opportunities.
Capitalizing on Extra Hours and Duties
As an Auditor, there may be opportunities to earn additional income by taking on extra hours or duties. Some organizations offer overtime pay or bonuses for working beyond regular office hours or taking on additional responsibilities. By being proactive and demonstrating your willingness to go the extra mile, you can potentially increase your earnings and showcase your dedication to your role.