Auditor Salaries In Namibia

Auditor Salaries In Namibia

An auditor is a person or a firm appointed by a company to execute an audit. To act as an auditor, a person should be certified by the regulatory authority of accounting and auditing or possess certain specified qualifications.  A person working as an Internal Auditor in Namibia typically earns around 16,900 NAD per month.

Frequently Ask Questions

Are auditors in high demand in Namibia?

Employment of accountants and auditors is projected to grow 4 percent from 2019 to 2029, about as fast as the average for all occupations. Globalization, a growing economy, and a complex tax and regulatory environment are expected to continue to lead to strong demand for accountants and auditors.

Is Auditor a good career in Namibia?

As long as there is business to be done, there will be a job for auditors. Experts say the number of jobs for accountants and auditors will grow 11 percent from 2014 to 2024, faster than the average for many other occupations.

How many hours do auditors work in Namibia?

He works about 45 hours a week during the non-busy season, but from mid-January through April he typically works 11-plus-hour days and weekends. During the busy period, much of the work overlaps with tax requirements, such as producing the hedge fund’s Schedule K-1 for its investors.

Do internal auditors travel a lot in Namibia?

The work/life balance can be much better in the internal audit world than in the external audit one. However, internal auditors still need to work long hours and travel at times. Furthermore, if the company has offices across the country or around the world, then you may need to travel on occasion.

Is auditing easy in Namibia?

The testing is easy. Only you can answer whether it is stimulating or boring but in general I would say the smarter you are the less stimulating you will find it. Auditing in and of itself is not difficult.

Is auditing a stressful job in Namibia?

Introduction Internal auditing is considered a stressful occupation because the job is often characterized by heavy workloads, many deadlines, and time pressures. The initial effects of job dissatisfaction may include increased absenteeism and/or psychological withdrawal.

Do auditors make 6 figures in Namibia?

Many internal auditors will find that their salaries will go well above the six-figure level with just a few years of experience under their belt. This is a salary that a manager of a large business could only dream about.

Which is better internal or external audit in Namibia?

While external audit can sometimes be seen as a “check-the-box” activity required by regulators, bankers or shareholders, internal audit provides a more proactive and consultative approach to evaluating an organization and providing a fresh perspective on operations and controls.

Is auditing class hard in Namibia?

Audit is the most difficult class ive taken in college. As someone who had 4 years experience in audit by the time I actually took my audit undergrad, I can 100% relate. I don’t get it. I’ve not had audit yet, but is audit supposed to scare you or something and you just sit there like “whatever, this is easy.”

Is Big 4 Audit hard in Namibia?

I’ve been working Big 4 audit since August 2016. The past few months have been extremely hard. I really like the nature of auditing, but this job is too difficult, too demanding, too fast-paced for me to properly learn what I’m doing. I love accounting, but I think I’d be a lot happier in an easier job.

Why is auditing so stressful in Namibia?

Auditing is considered a stressful occupation because the job is often characterized by heavy workloads, many deadlines, and time pressures.

Is audit a dead end in Namibia?

Internal auditor is one of the most challenging but very rewarding career. internal auditor is involved closely in running of any entity since he is responsible for monitoring internal control which are essential for achieving strategic goals of the entity. Therefore internal audit is not dead end career.

What type of education is needed to be an auditor in Namibia?

Most auditor positions require at least a bachelor’s degree in accounting, finance or a related field. Some employers prefer to hire candidates with a master’s degree in accounting or business administration with an accounting concentration.

What should I do after internal audit in Namibia?

  • Most common is compliance at Wells Fargo or at another large bank.
  • Risk management, such as a “operational risk consultant” at Wells Fargo or another large bank.
  • Big 4 advisory or external audit.
  • Accounting.
  • Corporate finance.
  • Internal audit for another F500 company.