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An audit supervisor oversees auditors and accounting personnel, ensuring compliance with company regulations and federal/state laws. They plan and supervise auditor visits to client sites, review reports, and oversee day-to-day operations. Audit supervisors may also work as auditors and assemble teams for complex audits.
An audit supervisor is responsible for overseeing the functions of a company’s auditors, accounting, and accounting personnel. Typically, this is the person responsible for ensuring that company regulations are met in accounting, but depending on the industry, the audit supervisor also ensures that the company complies with federal and state laws.
As auditors often go out into the field to do their work, the audit supervisor is responsible for planning and supervising the visits that auditors make to client sites. The supervisor meets with the auditor who is heading out into the field to audit the company and determine what the audit objectives are.
For example, an auditor may be seconded because an employee has complained that the company’s time and attendance system is being abused. If this is the case, the auditor will meet with the auditor’s supervisor to obtain any background information the supervisor has. The auditor and supervisor develop a plan for the auditor to implement during the audit of the company.
Upon the auditor’s return, the auditor provides the supervisor with a complete report of his findings. The audit supervisor reviews the report and notes any questions or concerns they may have. The audit supervisor will schedule a meeting to review the report and findings with the auditor that were sent to the field to complete the work.
The audit supervisor is also responsible for overseeing the day-to-day operations of the audit team. This means that the supervisor reviews and supervises the work of auditors currently working at the client’s premises or site.
Ultimately, the audit supervisor is responsible for ensuring that all accounting and bookkeeping duties, along with auditing duties, comply with the standards of the Department of Corporate Auditing and the Institute of Internal Auditor.
Typically, an audit supervisor was at the same time an auditor. This is typical because it is sometimes necessary for supervisors to go out into the field to work on audits as well. In some cases, audit situations are so complex that a team must be assembled to complete the audit. A team member can include the audit supervisor, along with multiple auditors, so that they can effectively and efficiently complete the audit while visiting the customer’s location.
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