Are you interested in auditing and looking for a leadership role in your field?
Becoming a lead auditor in India is an excellent option to consider.
A lead auditor's primary duties include performing internal and external audits, monitoring for legal and regulatory compliance, and supervising the work of other auditors.
This article will go over what is required of you in terms of education and experience to advance to the position of lead auditor in India.
Acquiring a bachelor's degree in business, accounting, or a related field is the first step toward a career as a lead auditor. You can expect to gain the essential background information for a successful career in auditing from this.
After finishing your bachelor's degree, you may want to consider taking a professional accounting or auditing course.
Chartered Accountant (CA), Company Secretary(CS), and Cost and Management Accountant (CMA) are some of the most sought-after degrees in this area (CMA).
The Institute of Chartered Accountants in India offers a professional accounting programme known as the Chartered Accountancy (CA) programme (ICAI). This programme has three stages: the Common Proficiency Test (CPT), the Intermediate (IPCC), and the Final. You can become a Chartered Accountant once you have finished the CA programme (CA).
The Institute of Company Secretaries of India is the organisation that presents the CS curriculum (ICSI). There are three tiers to this course: beginner, intermediate, and advanced. You can become a certified Company Secretary after finishing the CS course (CS).
The Institute of Cost Accountants of India is responsible for imparting knowledge in the field of Cost and Management Accountancy (CMA) (ICAI). There are two parts to this training programme: the beginner and the advanced stages. It is possible to become a certified Cost and Management Accountant after finishing the CMA programme (CMA).
After passing the necessary exams, you will need real-world experience. One viable option is to pursue an auditing career. To advance to the role of lead auditor, you must first accrue a certain amount of work experience. The specific time period varies from one company to the next.
You will also need to take and pass the Lead Auditor Examination given by the appropriate professional bodies like the ICAI, ICSI, ICMAI, etc. These tests are meant to assess your auditing expertise and will prepare you for a position as a senior auditor.
In conclusion, in India, you need to have academic training, work experience, and certification to advance to the position of lead auditor. A bachelor's degree in business, accounting, or a related field is a good starting point for a career as a lead auditor.
To become a Lead Auditor, you must first become certified and then pass the examination given by the appropriate professional bodies. You can become a leading auditor in India if you put in the time and effort necessary to get there.
QACA offers various internal auditor courses for budding auditors in different fields. The certifications are recognised across domestic and international regions. Contact us to register for these courses and set your career for a brighter future.