Types of Auditor

Types of Auditor

An Auditor is a person or a firm appointed by a company to execute an audit. The auditor’s job is to write a report at the conclusion of the audit which determines the level of accuracy and clarity that the organization has accounted for.

Types of auditor –

Internal Auditors: Internal auditors are employed by the organizations they audit. These auditors may review employee performance, compliance with company regulations and financial and accounting systems.

Government Auditors: Government auditors review the finances and practices of federal agencies. Auditors in this office report their findings to Congress, which uses them to create and manage policies and budgets. In addition, most state governments have similar departments to audit state and municipal agencies.

External auditors: They are independent accounting/auditing firms that are hired by companies subject to an audit. External auditors express their own opinions on whether the financial statements of the company in question are free of material misstatements.

Independent Auditors: Independent auditors do not work for the government or the organization being audited. These auditors review the financial statements of a company, municipality, agency or district to determine if the statements and reports are accurate and fair.


In most cases, internal and government auditors are sufficient to manage and monitor the inner workings of the organizations they review. However, independent auditors, who have no connection to the company being audited, help to see mistakes and misleading data that can lead to fraud. This is especially important for investors who rely on accurate financial reports to make good investment decisions.