Low to No Risk

19

Moderate Risk

3

High Risk

8

Extreme Risk

0

• 2.6Prepare detailed reports on audit findings.
• 2Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
• 2Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
• 2.1Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
• 1.5Supervise auditing of establishments, and determine scope of investigation required.
• 0.7Confer with company officials about financial and regulatory matters.
• 1Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
• 1Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.
• 1.7Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
• 2.4Report to management regarding the finances of establishment.
• 2.6Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
• 1.5Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets.
• 0.5Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives.
• 2.5Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws.
• 1.7Review taxpayer accounts, and conduct audits on-site, by correspondence, or by summoning taxpayer to office.
• 1.2Advise clients in areas such as compensation, employee health care benefits, the design of accounting or data processing systems, or long-range tax or estate plans.
• 0.7Represent clients before taxing authorities and provide support during litigation involving financial issues.
• 2.3Direct activities of personnel engaged in filing, recording, compiling, and transmitting financial records.
• 2Conduct pre-implementation audits to determine if systems and programs under development will work as planned.

26.7% of Accountants and Auditors tasks can be automated with AI or robotics