Contact Us

If you still have questions or prefer to get help directly from an agent, please submit a request.
We’ll get back to you as soon as possible.

Please fill out the contact form below and we will reply as soon as possible.

  • Courses
  • Find a Job
  • Home
  • Accounting, Taxation, and Reporting
  • Managerial & Financial Accounting & Reporting

Traveling Auditor - Explained

What is Traveling Auditor?

Written by Jason Gordon

Updated at April 7th, 2022

Contact Us

If you still have questions or prefer to get help directly from an agent, please submit a request.
We’ll get back to you as soon as possible.

Please fill out the contact form below and we will reply as soon as possible.

  • Marketing, Advertising, Sales & PR
    Principles of Marketing Sales Advertising Public Relations SEO, Social Media, Direct Marketing
  • Accounting, Taxation, and Reporting
    Managerial & Financial Accounting & Reporting Business Taxation
  • Professionalism & Career Development
  • Law, Transactions, & Risk Management
    Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
  • Business Management & Operations
    Operations, Project, & Supply Chain Management Strategy, Entrepreneurship, & Innovation Business Ethics & Social Responsibility Global Business, International Law & Relations Business Communications & Negotiation Management, Leadership, & Organizational Behavior
  • Economics, Finance, & Analytics
    Economic Analysis & Monetary Policy Research, Quantitative Analysis, & Decision Science Investments, Trading, and Financial Markets Banking, Lending, and Credit Industry Business Finance, Personal Finance, and Valuation Principles
  • Courses
+ More

Table of Contents

What is a Traveling Auditor?What Does a Traveling Auditor Do? Academic Research for Traveling Auditor

What is a Traveling Auditor?

A traveling auditor is any individual who spends an amount of time conducting audits in distant areas. This individual gathers the accounting data of a firm or company to file financial status reports and locate any form of misconduct in management or the business in general. Traveling auditors make sure that everything a business says about itself is accurate, like their inventory, securities, and checks. They also provide advice on the proper management of data, system reliability, integrity, etc.

Back to: Accounting & Taxation

What Does a Traveling Auditor Do? 

A traveling auditor makes sure that company records are being prepared in an accurate manner. This auditor also examines a company's tax system and finance to determine liability using knowledge of discounts, expenses, annuities, and stocks and bonds. A traveling auditor requires economic and accounting knowledge, as he or she is expected to conduct research on taxpayer accounts such as tax returns, tax records, and other related documents. According to the 2010 Bureau of Labor Statistics, the average salary for a traveling auditor is $68,960, putting their hourly rate at $33.15.

traveling auditor

Was this article helpful?

Yes
No

Related Articles

  • Accounting Insolvency - Explained
  • Auditing - Explained
  • Paid in Capital - Explained
  • Going Concern Assumption - Accounting



©2011-2023. The Business Professor, LLC.
  • Privacy

  • Questions

Definition by Author

0
0
Expand