Auditor, approved

What does a certified auditor do? Tasks and work environment

A certified auditor reviews and verifies organizations' and companies' financial statements, audits, and economic reports. The work involves ensuring that operations' accounting complies with applicable laws and regulations, as well as providing advice on improving financial routines and internal controls. The work is often conducted in close dialogue with clients and authorities, where clear communication and accuracy are crucial. The work environment is primarily office-based but can also include client visits and periods of high workload, especially during financial closing and tax reporting periods.

Salary development over time

The salary for a certified auditor has shown steady growth over the past three years. In 2022, the average salary was 47,800 SEK per month. In 2023, the average increased to 48 200 SEK, representing an increase of about 0.8%. The latest figures for 2024 show a continued rise to 50 300 SEK, an increase of another 4.2% compared to the previous year. The positive trend is partly due to high demand for qualified auditors, increased reporting requirements, and greater complexity in financial reporting. Additionally, increased competition among employers for skilled staff has contributed to salary growth within the profession.

Certified Auditor Salary – Complete Overview

• Average salary: 50 300 SEK/month
• Lowest salary: 39,500 SEK/month (female, high school education)
• Highest salary: 56,300 SEK/month (male, private sector, post-secondary education shorter than 3 years)
• Hourly wage: 303 SEK
• Women: 48 100 SEK/month
• Men: 54 000 SEK/month
• Gender pay gap: Women earn 89% of what men do

Education and Qualifications

To work as a certified auditor, a university degree in economics is generally required, followed by practical experience and approval from the relevant authority. The educational pathway is clearly regulated and includes both theoretical and practical components. After completing the education, candidates must pass an approval exam to obtain the professional title.

• Economics bachelor's or master's degree: 3–5 years
• Approval from the Swedish Inspectorate of Auditors: After education and practical training
• Practical experience: At least 3 years of qualified practice under the supervision of an authorized auditor
• Prerequisites: Basic eligibility for university studies
• Certification exam: Mandatory for approval

Common Benefits and Compensation

The profession of a certified auditor often offers benefits such as wellness allowances, flexible working hours, and remote work options. Other common compensation includes occupational pension, further training, and performance-based bonuses or project volume bonuses. In some cases, extra vacation days or company cars are also offered, especially within larger audit firms.

Competition and Challenges

Competition for positions as a certified auditor is intense, especially in metropolitan areas where many seek employment at leading audit firms. Simultaneously, there is a paradoxical situation nationally where many leave the profession, creating recruitment challenges. The main challenges involve high demands for quality, continuous professional development, and periods of high work pace, particularly during financial closing. Digitalization and new regulations increase the need for adaptability and technical skills. For those looking to establish themselves in the job market, it is important to combine formal qualifications with practical experience and a strong professional network.

Tips for Aspiring Certified Auditors

To succeed as a certified auditor, it is beneficial to develop both analytical skills and meticulousness, as the work requires attention to detail and the ability to detect discrepancies. Being communicative and pedagogical facilitates contact with clients and colleagues, especially when explaining complex regulations. A strong interest in economics and legislation provides an advantage during studies and in the professional role. Gaining internships in auditing or accounting early on offers valuable insight into the industry. The ability to work independently but also collaborate in teams is crucial, especially during larger audits. Staying updated on changes in accounting and tax legislation is an important part of the job, and a proactive approach contributes to long-term success.

Key Facts about Certified Auditor

• Average salary: 50 300 SEK/month
• Salary range: 39,500–56,300 SEK/month
• Educational requirements: Economics degree + practical experience + approval
• Work environment: Office-based with high workload during financial closing
• Job market: 758 available jobs, large opportunities nationwide

Career Paths and Future Outlook

After three to five years as a certified auditor, opportunities open for roles such as engagement manager, specialist in sustainability reporting or internal control, and leadership positions within audit firms. Some choose to further qualify as authorized auditors or to work as CFOs in the corporate sector. Forecasts from the Swedish Public Employment Service indicate that the job market for auditors is expected to remain strong both now and in the next five years, with continued high demand and many vacancies. However, the recruitment situation is characterized by many leaving the profession, which creates good opportunities for new candidates. Digitalization and regulatory changes are expected to influence the profession, but the need for qualified auditing remains.

Common Questions about Certified Auditor

• What does a certified auditor earn?
  - The average salary for a certified auditor is 50 300 SEK per month.
• What education is required to become a certified auditor?
  - A university degree in economics plus at least three years of practical experience and approval from the Swedish Inspectorate of Auditors are required.
• Are there salary differences between men and women?
  - Yes, women earn 89% of what men do in the profession.
• What is the job market like for auditors?
  - The job market is good with 758 available jobs nationwide and ample employment opportunities.
• What are the duties of a certified auditor?
  - Duties include auditing financial statements, advising, and ensuring the quality of financial reports.
• How has salary development looked?
  - Salary development has been positive, increasing from 47,800 SEK in 2022 to 50 300 SEK in 2024.
• What is the lowest and highest salary for a certified auditor?
  - The lowest salary is 39,500 SEK and the highest is 56,300 SEK per month.