1. Who is an auditor?
An auditor is one who earns a living by conducting regular assessments, verification, examination, checks or inspection on critical issues within the confines of an Organisations, Institution; public or private.
The Auditor in the context of the Profession is a specialised Accountant, institutionally confirmed or publicly qualified and conduct regular assessments on risk prone activities within framework of public or private entity.
The Auditor of today can be defined in 3 facets:
a) The internal auditor,
b) The Public or Chartered Auditor/Accountant, and
c) The State Auditor/Inspector/Examiner etc.
Within the 3 facets, because of the specific nature of the risk involved in the activity, the academic and professional training will underscore the level of knowledge to be acquired.