OSCA 211232

Internal Auditor

Overview

  • Employed persons

    6,500

  • Employment status

    85.5% Full time

    14.5% Part time

  • Median age

    39 years

  • Employment by sex

    55.9% Female

    44.0% Male

    Gender balanced

  • Indigenous employment share

    0.6%

  • Main employing industry

    Financial and Insurance Services

Indicator Internal Auditor Total employment
Employed persons 6,500 12,049,400
Median age 39 years 40 years
Full-time share 85.5% 64.2%
Part-time share 14.5% 35.8%
Female employment share 55.9% 48.5%
Male employment share 44.0% 51.5%
Gender segregation intensity scale Gender balanced Gender balanced
Indigenous employment share 0.6% 2.2%
Main employing industry Financial and Insurance Services Health Care and Social Assistance
Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

Occupation overview

Internal Auditors examine, verify, evaluate and report on financial, operational and managerial processes, systems and outcomes to ensure financial and operational integrity and compliance, and assist in business process reviews, risk assessments, developing deliverables, and reporting progress against outcomes.

What the occupation involves

  • Evaluates cost effectiveness and risks of operational processes, policies and systems
  • Devises, reorganises and establishes budgetary cost control systems
  • Conducts audits and investigations, and prepares financial statements and reports for management, shareholders, and governing and statutory bodies
  • Establishes audit objectives aligned to organisational goals
  • Designs and implements audit methodologies, processes and audit criteria
  • Monitors the effectiveness of internal audit controls and risk management systems
  • Conducts risk assessments and business process reviews to mitigate risks

Common occupation titles

  • Audit Officer

Specialisations

No specialisations are listed for this occupation.

Skill level (education and experience level)

Skill level 1
equivalent to a university level qualification (Bachelor degree or higher).

Note: While skill levels are described using formal education levels, some people use a combination of informal learning, on-the-job training and personal experience to achieve an equivalent level.

Licensing or registration requirements

Registration or licensing may be required.

OSCA structure

Professionals (2)

Employment

On this page

    Industries

    Top 10 most common industries, 2021

    Internal Auditor Total employment
    Industry Share of occupation Industry Share of occupation
    Financial and Insurance Services 29.8% Health Care and Social Assistance 14.5%
    Professional, Scientific and Technical Services 20.4% Retail Trade 9.1%
    Public Administration and Safety 15.8% Construction 8.9%
    Health Care and Social Assistance 5.1% Education and Training 8.8%
    Education and Training 3.9% Professional, Scientific and Technical Services 7.8%
    Electricity, Gas, Water and Waste Services 3.6% Public Administration and Safety 6.6%
    Transport, Postal and Warehousing 2.9% Accommodation and Food Services 6.5%
    Manufacturing 2.4% Manufacturing 5.9%
    Administrative and Support Services 2.1% Transport, Postal and Warehousing 4.5%
    Information Media and Telecommunications 2.1% Financial and Insurance Services 3.7%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

    States and territories

    Employment distribution by states and territories, 2021

    • New South Wales

      38.2%

    • Victoria

      27.8%

    • Queensland

      15.4%

    • South Australia

      4.7%

    • Tasmania

      0.8%

    • Northern Territory

      0.6%

    • Australian Capital Territory

      3.2%

    Internal Auditor Total employment
    State / Territory Employment Share of occupation Employment Share of occupation
    New South Wales 2,500 38.2% 3,684,200 30.6%
    Victoria 1,800 27.8% 3,162,900 26.2%
    Queensland 1,000 15.4% 2,444,100 20.3%
    South Australia 310 4.7% 839,400 7.0%
    Western Australia 590 9.1% 1,306,200 10.8%
    Tasmania 60 0.8% 254,700 2.1%
    Northern Territory 40 0.6% 107,000 0.9%
    Australian Capital Territory 210 3.2% 248,600 2.1%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

    Age and sex

    Employment distibution by age group and sex, 2021

    Internal Auditor

    Total employment

    Age group Internal Auditor Total employment
    15–24 years 6.4% 14.3%
    25–34 years 28.8% 22.7%
    35–44 years 31.0% 22.3%
    45–54 years 20.4% 20.4%
    55–64 years 11.0% 15.3%
    65–74 years 2.3% 4.3%
    75 years and over 0.2% 0.6%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.
    Sex Internal Auditor Total employment
    Female 55.9% 48.5%
    Male 44.0% 51.5%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

    On this page

      OSCA occupation profiles data

      This file contains data available from the OSCA Occupation Profile page.

      Use of this data must include the relevant attribution text provided.

      OSCA Occupation data - 2021 Census.xlsx

      xlsx 1236447

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      Occupation Standard Classification for Australia (OSCA)

      Occupation Standard Classification for Australia (OSCA) is the skill-based classification used to categorise occupations across the Australian labour market. OSCA is used to define occupations across all official occupational statistics. OSCA replaces the Australian and New Zealand Standard Classification of Occupations (ANZSCO).

      Each job is classified to one, and only one, group of jobs at each level of the classification with no overlaps. This prevents the accidental double-counting of roles within the Australian labour market. For more information about OSCA, visit the What is OSCA information page, or the ABS website.

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