External Auditor Duties & Responsibilities

The role and function of an External Auditor includes the following duties and responsibilities:

  • Plan effective auditing processes
  • Audit financial statements and assess accounts for accuracy and regulatory compliance
  • Inspect internal systems and controls
  • Assess risk management tactics
  • Perform audits of non-financial areas, like Health & Safety and IT
  • Report systematic errors or fraud indicators
  • Investigate specific issues regulatory bodies bring forward
  • Explain audit findings and recommend solutions

Note that this is not an exhaustive list of External Auditor duties and responsibilities. Job functions for specific External Auditor roles may vary, depending on the industry and type of employer.