This area of accounting work is concerned with the investigation, verification, or evaluation, and the reporting of financial or managerial processes or outcomes in organisational settings.
The specialist designation embraces internal and external auditing, operational and management audits and investigations in the private and public sectors. This would involve the design and operation of systems for evaluating financial and operational controls, together with managerial processes for verifying and reporting on conformity of activities with internal or external policies, standards or directives.
It also involves conducting and reporting on special investigations, management of auditing work and liaison with other organisations.
For further information contact your nearest CPA Australia office.