List Of Auditing Schools In Namibia

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List Of Auditing Schools In Namibia

List Of Auditing Schools In Namibia

What is meant by Auditing?

Auditing is an “independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon”. It also attempts to ensure that the books of accounts are properly maintained by the concern as required by law.

Overview

Auditing is simply on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an entire organization or might be specific to a function, process, or production step.

List Of Auditing Schools In Namibia

University of Namibia (UNAM)

Namibia University of Science and Technology (NUST)

Namibia Business School

Frequently Asked Questions (FAQs)

What education is needed to become an auditor in Namibia?

Most accountant and auditor positions require at least a bachelor’s degree in accounting or a related field. Some employers prefer to hire applicants who have a master’s degree, either in accounting or in business administration with a concentration in accounting.

What kind of degree do you need to be an auditor?

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 in business administration with an accounting concentration.

What qualifications do you need to do auditing in Namibia?

The first step is to ensure that you are qualified to become an auditor. The basic required qualifications are a bachelor’s degree in the field of finance, accounting or business administration. Most firms will also require specific accounting certifications or qualifications like CPA, ACCA, and ACA

How many years does it take to become an auditor in Namibia?

A bachelor degree in the field of accounting is generally required to become an Auditor. These are generally three-year courses, open to anyone over 17 years and who has completed year 12 with an appropriate Universities Admission Index.

Can you be an auditor without an accounting degree?

It is absolutely fine to get the training to be an accountant without a degree related to accounting, finance, business or numbers in general. From my experience, accounting is a set of rules that is best to learn on-the-job.

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How do I become an IT Auditor?

IT auditors typically possess a bachelor’s degree in computer information systems or information technology and strong communication and analytical skills, as well as two to five years work experience and voluntary professional certification such as Certified Information Systems Auditor (CISA)

Do auditors make good money in Namibia?

The 2020 national average salary is $58,844 according to PayScale. 1 Internal auditors report receiving bonuses that reach $3,023 on average and profit-sharing programs paying $1,986 annually on average.

Is being an auditor difficult?

Auditing in and of itself is not difficult. Once you have a decent knowledge base and become adept at using excel, you can tackle almost anything that gets assigned to you. For me, the hard part about auditing was maintaining focus.

Do auditors work long hours?

Most accountants and auditors work full time. Some work more than 40 hours per week. Longer hours are typical at certain times of the year, such as at the end of the budget year or during tax season.

Who is the Auditor General of Namibia?

Auditor General Junias Kandjeke

In line with the mandate to the National Assembly, The Namibian newspaper on 14 March 2019 reported that auditor general Junias Kandjeke has reported 24 local authorities to the National Assembly for their perennial failure to submit financial statements to his office, as required by law

What is the purpose of auditing?

The prime purpose of the audit is to form an opinion on the information in the financial report taken as a whole, and not to identify all possible irregularities. This means that although auditors are on the look-out for signs of potential material fraud, it is not possible to be certain that frauds will be identified.

Who gets paid more accountants or auditors?

After individuals gain their qualifications and become certified auditors and accountants, the auditing profession still continues to pay more. An auditor with three to five years of experience earns £46,000 – £54,000, compared to an accountant that earns £41,000 – £43,000.

What are two types of auditing methods?

There are five main methods to walkthrough and test each control in place at the service organization. These methods include (listed in order of complexity from lowest to highest): inquiry, observation, examination or inspection of evidence, re-performance, and computer assisted audit technique (CAAT).

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