Qualities Of A Good Auditor

An audit is the review or verification of the company's account books. An audit allows you to know whether your business accounts are a true reflection of your company or not. This form of audit is referred to as a business audit; you employ an independent auditor to perform the audit work for you in the business audit, as the auditor is independent and not connected to your organization, so they can be unbiased in their work and in the results they provide you with.

Currently, there are many free trade zones in Dubai and if you have established your business in that trade zone then you need auditors that are approved of that particular trade zone. Suppose, you own a business in Dubai Studio City then you need Dubai Studio City (DSC) approved auditors for your business, and you need an auditor who has good qualities so that a good audit that is free of any errors can be conducted in your business. So, in this blog, we will tell you the qualities of a good auditor.

Following are the qualities of a good auditor:

1. Good communicators: In recent years, transformative developments in business communications have placed fresh demands on audit practitioners. Good communication nowadays clearly transcends well-written reports and verbal discourse and places the emphasis on two-way talks with the rest of the organization. The auditors must be very clear and precise in their communication with the management so that the management can take the right steps. 

2. Approved auditors: The auditors must be state-approved, government-approved or the trade zone approved because the approved auditors hold credibility and they can be trusted, so if they are approved auditors then it is good quality. So the auditors that are Dubai World Central (DWC) approved auditors, Dubai Studio City (DSC) approved auditors, etc. are considered good auditors. 

3. Leverage data analytics: There is always so much that needs to be changed that knowing where to start can seem very daunting to internal auditors. In order to prioritize their workload and use data analytics, trained internal auditors take a risk-based approach to know where to concentrate and eliminate those boring tasks that take time.

4. They are innovative: The auditors must be innovative and problem-solving, and the best problem solvers are the ones that use creativity to address problems and get the solution. Auditors must be open-minded, problem-solvers and most importantly

 innovative and creative so that they can solve any type of problems with their ideas. 

5. Team-oriented: It is necessary that the auditors must be team-oriented because their work requires intensive collaboration amongst peers at all levels because they need to function their tasks individually and later take decisions together, so it becomes very important that the auditor is team-oriented to carry out all the activities successfully. 

These are some of the good qualities of an auditor. So, next time when you appoint the auditor for your company then make sure that the auditor or the audit firm has these qualities.