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.