Examiner, audit

What does an auditor in auditing do? – Tasks and work environment

An auditor in auditing mainly works with reviewing and analyzing financial reports, financial statements, and operational processes to ensure accuracy and compliance with laws and regulations. The work often involves close collaboration with both internal and external stakeholders, such as company management, financial officers, and authorities. The role includes identifying risks, proposing improvements, and reporting deviations. The work environment is typically office-based with a fast pace, especially during closing periods and audits. Flexibility and the ability to handle multiple assignments simultaneously are important qualities, as well as strong analytical skills and integrity.

Salary development over time

The salary for auditors in auditing has steadily increased over recent years. In 2022, the average salary was 41,200 SEK per month, rising to 43 000 in 2023 and further to 44 300 in 2024. This represents a total increase of about 7.5% over three years. The trend indicates a stable demand for qualified auditors, likely due to increased complexity in regulations and greater focus on financial transparency in companies and organizations. Salary increases have been somewhat higher than inflation, suggesting that the profession's value on the job market has strengthened during this period. The occupational group includes both junior and senior roles, which influences salary development over time.

Auditor salaries – complete overview

• Average salary: 44 300 SEK/month
• Lowest salary: 33,200 SEK/month (male, private sector employee, pre-secondary education)
• Highest salary: 48,500 SEK/month (male, private sector employee, post-secondary education 3+ years)
• Hourly wage (average): 266 SEK
• Women’s salary in relation to men: 97% (women: 44 000 SEK, men: 45 400 SEK)
• Regional differences: Salary levels may vary slightly depending on the region, with higher salaries in metropolitan areas and slightly lower in smaller towns.

Education and qualifications

To work as an auditor in auditing, a post-secondary education in economics is usually required, often with a focus on accounting or auditing. Many employers also value practical experience from finance or auditing work, and certifications can be advantageous. A combination of theoretical knowledge and practical skills is essential for success in the profession.

• Formal education: Economics programs at university/higher education (3–4.5 years)
• Certifications: Examples include Authorized Public Accountant, FAR courses
• Internship: Common during studies or as a trainee
• Prerequisites: High school diploma, preferably with a focus on economics
• Tips for choosing: Select programs with courses in accounting, auditing, and business law

Common benefits and compensations

Auditors in auditing are often offered benefits such as occupational pension, wellness allowances, flexible working hours, and remote work options. Training support and professional development are common, along with extra vacation days and bonus programs linked to performance.

Competition and challenges

The competition for positions as auditors in auditing is described as moderate, and the recruitment situation is balanced. There is a steady need for competent auditors, but the demands for specialized knowledge and continuous updates to regulations make the profession require ongoing professional development. Workload can be high during peak periods like closing and audit seasons. Digitalization and automation influence job tasks, making analytical skills and technical competence increasingly important to meet future requirements.

Tips for those who want to become an auditor in auditing

To succeed as an auditor, it’s good to be meticulous and analytical, as the work requires close attention to detail and the ability to identify deviations. Good communication skills facilitate collaboration with colleagues and clients, especially when explaining complex results clearly. Flexibility and resilience to stress are advantages, as workload can vary significantly during the year. It’s also important to maintain integrity and high ethical standards, as the role involves handling sensitive information and making independent decisions. Continuously updating knowledge about laws and regulations in finance and auditing is crucial, as is actively seeking new knowledge through courses and networking. Last but not least, showing initiative and taking responsibility for your tasks are highly valued qualities in the profession.

Key facts about auditors in auditing

• Education level: Post-secondary economics education (3–4.5 years)
• Work environment: Office-based, often with a high pace
• Demand: Moderate opportunities nationwide
• Typical employment form: Full-time, but consulting and project-based jobs also occur
• Special skills: Accounting, auditing, business law

Career paths and future prospects

After three to five years of experience as an auditor in auditing, there are opportunities to advance to roles such as senior auditor, team leader, or specialist in areas like tax law or international accounting. Some choose to further qualify as authorized public accountants or move into managerial positions within finance departments. According to the Swedish Public Employment Service, the job prospects for accounting professionals are moderate and expected to remain unchanged over five years. Digitalization and increased regulatory complexity contribute to a continued need for qualified auditors. Currently, there are about 758 available jobs in the field, reflecting a stable demand in the labor market.

Common questions about auditors in auditing

• What does an auditor in auditing earn?
  - The average salary is 44 300 SEK per month, with variation depending on experience and education level.
• What education is required to become an auditor in auditing?
  - A post-secondary education in economics, often 3–4.5 years, is most common.
• Are there salary differences between men and women?
  - Yes, women earn on average 97% of what men do in the profession.
• What is the job market like?
  - Opportunities are moderate and expected to remain unchanged in the coming years.
• What are the tasks of an auditor in auditing?
  - Reviewing financial reports, risk assessment, reporting, and proposing improvements.
• What personal qualities are important?
  - Accuracy, analytical ability, integrity, and good communication skills are central.
• How does the region affect salary?
  - Salary levels are generally higher in large cities and somewhat lower in smaller towns.