Table 1Transition record

auditing clerktofinancial auditor

A auditing clerk already meets 29% of what the financial auditor role asks for. The move turns on 14 required skills not yet in the profile.

From auditing clerk

29%

Overlap1

To financial auditor

14 Skills carried over

14 Required, not held

74.5 Difficulty2

Career overlap Distant match

29%

Learning distance Substantial retraining

74.5/ 100

Easy adjacentmoderatesubstantialcareer change Hard

1 Share of the financial auditor role’s weighted skill requirement already met by the auditing clerk profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Why

Why this move works

A financial auditor role treats 8 of its required skills as things a auditing clerk already does. These are the ones it depends on most.

accounting department processes
conduct financial audits
financial analysis
financial department processes
interpret financial statements
observe confidentiality

What stands in the way is 14 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 14 skills that carry over, these are the ones fewest other occupations ask for. A financial auditor role needs them, and most people applying for one will not have them already. This is the part of a auditing clerk background worth leading with.

Skill the target role also needs Area

already held identify accounting errors information skills
already held pose questions referring to documents communication, collaboration and creativity
already held accounting department processes business, administration and law
already held financial department processes business, administration and law
already held prepare financial auditing reports information skills
already held follow the statutory obligations assisting and caring

All 14 carried skills, including the 8 the financial auditor role treats as required.

Table 3

Table 3 · What you would need to learn

The 46 missing skills fall into 7 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier

01 information skills 5 required, 9 supplementary

required, not held monitor banking activities required
required, not held analyse financial risk required
required, not held arrange audit required
required, not held check accounting records required
required, not held obtain financial information required

optional, not held identify if a company is a going concern optional
optional, not held analyse financial performance of a company optional
optional, not held develop financial statistics reports optional
optional, not held ensure compliance with accounting conventions optional
optional, not held ensure compliance with disclosure criteria of accounting information optional
optional, not held maintain financial records optional
optional, not held maintain records of financial transactions optional
optional, not held produce statistical financial records optional
optional, not held provide support in financial calculation optional

02 business, administration and law 4 required, 13 supplementary

required, not held accounting required
required, not held accounting entries required
required, not held accounting techniques required
required, not held corporate law required

optional, not held commercial law optional
optional, not held international tariffs optional
optional, not held banking activities optional
optional, not held financial jurisdiction optional
optional, not held financial management optional
optional, not held financial products optional
optional, not held insolvency law optional
optional, not held internal auditing optional
optional, not held international financial reporting standards optional
optional, not held joint ventures optional
optional, not held mergers and acquisitions optional
optional, not held national generally accepted accounting principles optional
optional, not held tax legislation optional

03 management skills 2 required, 3 supplementary

required, not held control financial resources required
required, not held develop audit plan required

optional, not held evaluate budgets optional
optional, not held maintain trusts optional
optional, not held make strategic business decisions optional

04 communication, collaboration and creativity 1 required, 6 supplementary

required, not held present reports required

optional, not held advise on credit rating optional
optional, not held advise on tax planning optional
optional, not held communicate with banking professionals optional
optional, not held disseminate information on tax legislation optional
optional, not held liaise with shareholders optional
optional, not held use consulting techniques optional

05 assisting and caring 1 required

required, not held inspect tax returns required

06 social sciences, journalism and information 1 required

required, not held economics required

1 further area in the appendix

Table 4

Table 4 · Where to start

The 3 entries a financial auditor role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 14 skills that carry over

Skill Type

already held accounting department processes knowledge
already held conduct financial audits skill
already held financial analysis knowledge
already held financial department processes knowledge
already held interpret financial statements skill
already held observe confidentiality skill
already held pose questions referring to documents skill
already held prepare financial auditing reports skill
already held advise on financial matters skill
already held financial statements knowledge
already held follow the statutory obligations skill
already held fraud detection knowledge
already held identify accounting errors skill
already held trace financial transactions skill

The 1 learning area not shown above

Skill to acquire Tier

07 information and communication technologies (icts) 1 supplementary

optional, not held core banking software optional

32 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held commercial law optional
optional, not held core banking software optional
optional, not held identify if a company is a going concern optional
optional, not held international tariffs optional
optional, not held advise on credit rating optional
optional, not held advise on tax planning optional
optional, not held analyse financial performance of a company optional
optional, not held banking activities optional
optional, not held communicate with banking professionals optional
optional, not held develop financial statistics reports optional
optional, not held disseminate information on tax legislation optional
optional, not held ensure compliance with accounting conventions optional
optional, not held ensure compliance with disclosure criteria of accounting information optional
optional, not held evaluate budgets optional
optional, not held financial jurisdiction optional
optional, not held financial management optional
optional, not held financial products optional
optional, not held insolvency law optional
optional, not held internal auditing optional
optional, not held international financial reporting standards optional
optional, not held joint ventures optional
optional, not held liaise with shareholders optional
optional, not held maintain financial records optional
optional, not held maintain records of financial transactions optional
optional, not held maintain trusts optional
optional, not held make strategic business decisions optional
optional, not held mergers and acquisitions optional
optional, not held national generally accepted accounting principles optional
optional, not held produce statistical financial records optional
optional, not held provide support in financial calculation optional
optional, not held tax legislation optional
optional, not held use consulting techniques optional

21 held skills the financial auditor role does not ask for

Skill Type

not needed by the target role adhere to questionnaires skill
not needed by the target role attend to detail in preparation for audits skill
not needed by the target role audit techniques knowledge
not needed by the target role build business relationships skill
not needed by the target role carry out inventory control accuracy skill
not needed by the target role communicate problems to senior colleagues skill
not needed by the target role document interviews skill
not needed by the target role enforce financial policies skill
not needed by the target role ensure information security skill
not needed by the target role fill out forms skill
not needed by the target role follow verbal instructions skill
not needed by the target role follow written instructions skill
not needed by the target role inventory management rules knowledge
not needed by the target role liaise with managers skill
not needed by the target role manage database skill
not needed by the target role perform clerical duties skill
not needed by the target role prepare audit activities skill
not needed by the target role process commissioned instructions skill
not needed by the target role revise legal documents skill
not needed by the target role use free typing techniques skill
not needed by the target role write work-related reports skill

19 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier

required, not held accounting required
required, not held accounting entries required
required, not held accounting techniques required
required, not held corporate law required
required, not held economics required
optional, not held commercial law optional
optional, not held core banking software optional
optional, not held international tariffs optional
optional, not held banking activities optional
optional, not held financial jurisdiction optional
optional, not held financial management optional
optional, not held financial products optional
optional, not held insolvency law optional
optional, not held internal auditing optional
optional, not held international financial reporting standards optional
optional, not held joint ventures optional
optional, not held mergers and acquisitions optional
optional, not held national generally accepted accounting principles optional
optional, not held tax legislation optional

Index

Other moves recorded from auditing clerk

Full index of moves from auditing clerk

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.