Audit supervisor to financial fraud examiner
An audit supervisor already meets 28% of what the financial fraud examiner role asks for. The move turns on 10 required skills not yet in the profile.
65.1/ 100
1 How much of what a financial fraud examiner is expected to do is already part of an audit supervisor’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the financial fraud examiner role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
A financial fraud examiner role treats 4 of its required skills as things an audit supervisor already does. You would walk in with these on day one.
- conduct financial audits
- financial statements
- interpret financial statements
- prepare financial auditing reports
What stands in the way is 10 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 7 skills that carry over, these are the ones fewest other occupations ask for. A financial fraud examiner role needs them, and most people applying for one will not have them already. This is the part of an audit supervisor background worth leading with.
- already held national generally accepted accounting principles business, administration and law
- already held international financial reporting standards business, administration and law
- already held prepare financial auditing reports information skills
- already held conduct financial audits information skills
- already held interpret financial statements information skills
- already held financial statements business, administration and law
All 7 carried skills, including the 4 the financial fraud examiner role treats as required.
Table 3 · What you may need to learn
The 19 missing skills fall into 5 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn detect financial crime required
- still to learn identify accounting errors required
- still to learn perform forensic accounting required
- still to learn trace financial transactions required
- optional, not held identify if a company is a going concern optional
- optional, not held ensure compliance with accounting conventions optional
- optional, not held prepare financial statements optional
- still to learn interpret law required
- still to learn liaise with managers required
- still to learn forensic intelligence required
- still to learn fraud detection required
- still to learn banking activities required
- optional, not held anti-dumping law optional
- optional, not held criminal law optional
- optional, not held financial jurisdiction optional
- optional, not held financial products optional
- optional, not held international law optional
- optional, not held public offering optional
- still to learn manage corporate bank accounts required
Table 4 · Where to start
The 3 entries a financial fraud examiner role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 banking activities study this
- 02 detect financial crime practise this
- 03 forensic intelligence study this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 7 skills that carry over
- already held conduct financial audits skill
- already held financial statements knowledge
- already held interpret financial statements skill
- already held prepare financial auditing reports skill
- already held international financial reporting standards knowledge
- already held national generally accepted accounting principles knowledge
- already held tax legislation knowledge
9 supplementary skills, helpful but not required
- optional, not held anti-dumping law optional
- optional, not held identify if a company is a going concern optional
- optional, not held criminal law optional
- optional, not held ensure compliance with accounting conventions optional
- optional, not held financial jurisdiction optional
- optional, not held financial products optional
- optional, not held international law optional
- optional, not held prepare financial statements optional
- optional, not held public offering optional
30 held skills the financial fraud examiner role does not ask for
- not needed by the target role accounting department processes knowledge
- not needed by the target role adhere to Standard Operating Procedures skill
- not needed by the target role adhere to organisational guidelines skill
- not needed by the target role adhere to questionnaires skill
- not needed by the target role advise on efficiency improvements skill
- not needed by the target role advise on financial matters skill
- not needed by the target role analyse financial performance of a company skill
- not needed by the target role arrange audit skill
- not needed by the target role attend to detail in preparation for audits skill
- not needed by the target role audit contractors skill
- not needed by the target role audit techniques knowledge
- not needed by the target role communicate problems to senior colleagues skill
- not needed by the target role company policies knowledge
- not needed by the target role corporate law knowledge
- not needed by the target role design questionnaires skill
- not needed by the target role develop audit plan skill
- not needed by the target role employment law knowledge
- not needed by the target role execute ICT audits skill
- not needed by the target role financial department processes knowledge
- not needed by the target role follow the statutory obligations skill
- not needed by the target role global standards for sustainability reporting knowledge
- not needed by the target role internal auditing knowledge
- not needed by the target role make strategic business decisions skill
- not needed by the target role observe confidentiality skill
- not needed by the target role perform quality audits skill
- not needed by the target role pose questions referring to documents skill
- not needed by the target role prepare audit activities skill
- not needed by the target role quality standards knowledge
- not needed by the target role revise questionnaires skill
- not needed by the target role supervise staff skill
9 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- still to learn banking activities required
- still to learn forensic intelligence required
- still to learn fraud detection required
- optional, not held anti-dumping law optional
- optional, not held criminal law optional
- optional, not held financial jurisdiction optional
- optional, not held financial products optional
- optional, not held international law optional
- optional, not held public offering optional
Common questions about this move
Can an audit supervisor become a financial fraud examiner?
Yes, and it is a substantial move. An audit supervisor already covers 28% of what a financial fraud examiner is expected to do: 7 skills carry over, 4 of which the financial fraud examiner role treats as required.
What skills does an audit supervisor need to become a financial fraud examiner?
10 required skills are missing, plus 9 optional ones. They fall into 5 areas of the ESCO skill hierarchy, led by information skills. The single most important is banking activities.
How hard is the move from audit supervisor to financial fraud examiner?
Its learning distance is 65.1 out of 100, which is the substantial band. That accounts for both how much is missing and how specialised those skills are.
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.