There are several types of auditors, but some of the most common ones include:
- Internal Auditors: These are employees of the company who conduct audits to ensure that the company’s financial reporting, internal controls, and operations are in compliance with company policies, laws and regulations.
- External Auditors: These are independent auditors who are hired by the company to examine its financial statements and provide an opinion on their accuracy and fairness. External auditors are typically Certified Public Accountants (CPAs) and are not employees of the company being audited.
- Government Auditors: These are auditors who work for government agencies, such as the Internal Revenue Service (IRS), to audit individuals, businesses, and other organizations to ensure that they are in compliance with tax laws and regulations.