Career Guide: What Can I Do With An Accounting Degree?

IT Auditor

Job Description:

IT auditors examine and evaluate the processes and security of an organization’s information technology infrastructure. Their work ensures that company employees are adhering to safety and security guidelines established by management, and that systems are safeguarding assets, maintaining data integrity, benefiting business goals, and reporting financial transactions accurately. Auditors also produce reports for management so they can make wise decisions based on the most accurate information available.

Requirements:
Although an IT auditor's work is focused on information technology, many professionals have bachelor's degrees in finance or accounting. However, the ideal degrees for this occupation are in computer science or information technology. Approximately 53% of entry-level IT auditors have bachelor's degrees, while 40% have master's degrees, according to Salary.com. IT auditors typically need to hold some sort of certification, such as the Certified Inofmration Systems Auditor, Certified Information Systems Security Professional, or the Certified Information Security Manger designation, according to the Internal Auditor Magazine
Median Salary:
$55,250 - $146,250
According to The Robert Half 2013 Salary Guide, the average salary of an IT auditor with up to one year of experience at a large company ranges from $55,250 to $70,500. The average salary for an IT auditor with a manager title at a large company ranges from $102,000 to $146,250. However, these statistics are no guarantee of actual salary, which is determined by a candidate's experience and qualifications, employer, location, and condition of the economy.
Job Outlook:

Projected to grow 18% between 2010 and 2020, according to the BLS.

IT auditors perform a specialized service, qualified to utilize both technological and business expertise in their profession. While this occupation is still highly dependent on overall economic and financial trends, the job market for IT auditors specifically is expected to fluctuate according to conditions in the IT realm, as well. With increased focus on systems security due to rising cyber threats in recent years, auditors who also have specialty computer and IT skills may find more job opportunities over the next seven years. The majority of computer and information systems managers currently work in computer systems design and related services, according to the BLS. Candidates with the unique combination of administrative, auditing, and IT skills, along with advanced education and professional experience, have the best chance at a top job in this field.

Continuing Education:

For IT auditors, continuing education can provide additional impressive qualifications for those looking to work in this field, as well as courses needed to renew and maintain professional certification. Auditors are likely to pursue standard certification through a certified internal auditor (CIA) program, for example, to demonstrate their experience in the field. Candidates may opt for special certification for IT-related jobs, through the Information Systems Audit and Control Association (ISACA), which offers courses and continuing education credits in computer controls, auditing software, information security, IT systems planning and strategy, business process controls testing, and conducting IT audits. Candidates who are able to demonstrate a thorough understanding of IT practices and auditing procedures, and with extensive education in computer science or technology, may be most eligible for top-notch positions in this occupation.