Auditing clerk to financial fraud examiner
An auditing clerk already meets 44% of what the financial fraud examiner role asks for. The move turns on 6 required skills not yet in the profile.
51.9/ 100
1 How much of what a financial fraud examiner is expected to do is already part of an auditing clerk’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 8 of its required skills as things an auditing clerk already does. You would walk in with these on day one.
- conduct financial audits
- financial statements
- fraud detection
- identify accounting errors
- interpret financial statements
- liaise with managers
What stands in the way is 6 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 8 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 auditing clerk background worth leading with.
- already held identify accounting errors information skills
- already held prepare financial auditing reports information skills
- already held fraud detection services
- already held conduct financial audits information skills
- already held trace financial transactions information skills
- already held interpret financial statements information skills
All 8 carried skills, including the 8 the financial fraud examiner role treats as required.
Table 3 · What you may need to learn
The 18 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 perform forensic accounting 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 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 financial reporting standards optional
- optional, not held international law optional
- optional, not held national generally accepted accounting principles optional
- optional, not held public offering optional
- optional, not held tax legislation optional
- still to learn interpret law required
- still to learn manage corporate bank accounts required
- still to learn forensic intelligence 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 8 skills that carry over
- already held conduct financial audits skill
- already held financial statements knowledge
- already held fraud detection knowledge
- already held identify accounting errors skill
- already held interpret financial statements skill
- already held liaise with managers skill
- already held prepare financial auditing reports skill
- already held trace financial transactions skill
12 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 financial reporting standards optional
- optional, not held international law optional
- optional, not held national generally accepted accounting principles optional
- optional, not held prepare financial statements optional
- optional, not held public offering optional
- optional, not held tax legislation optional
27 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 questionnaires skill
- not needed by the target role advise on financial matters 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 financial analysis knowledge
- 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 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 manage database skill
- not needed by the target role observe confidentiality skill
- not needed by the target role perform clerical duties 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 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
11 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
- 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 financial reporting standards optional
- optional, not held international law optional
- optional, not held national generally accepted accounting principles optional
- optional, not held public offering optional
- optional, not held tax legislation optional
Common questions about this move
Can an auditing clerk become a financial fraud examiner?
Yes, and it is a moderate move. An auditing clerk already covers 44% of what a financial fraud examiner is expected to do: 8 skills carry over, 8 of which the financial fraud examiner role treats as required.
What skills does an auditing clerk need to become a financial fraud examiner?
6 required skills are missing, plus 12 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 auditing clerk to financial fraud examiner?
Its learning distance is 51.9 out of 100, which is the moderate 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.