Financial fraud examiner to audit supervisor
A financial fraud examiner already meets 26% of what the audit supervisor role asks for. The move turns on 12 required skills not yet in the profile.
71.4/ 100
1 How much of what an audit supervisor is expected to do is already part of a financial fraud examiner’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 audit supervisor role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
An audit supervisor role treats 6 of its required skills as things a financial fraud examiner already does. You would walk in with these on day one.
- financial statements
- international financial reporting standards
- interpret financial statements
- national generally accepted accounting principles
- prepare financial auditing reports
- tax legislation
What stands in the way is 12 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. An audit supervisor role needs them, and most people applying for one will not have them already. This is the part of a financial fraud examiner 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 6 the audit supervisor role treats as required.
Table 3 · What you may need to learn
The 30 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 audit techniques required
- still to learn corporate law required
- still to learn internal auditing required
- optional, not held accounting department processes optional
- optional, not held company policies optional
- optional, not held financial department processes optional
- optional, not held global standards for sustainability reporting optional
- optional, not held employment law optional
- optional, not held quality standards optional
- still to learn develop audit plan required
- still to learn prepare audit activities required
- still to learn supervise staff required
- optional, not held make strategic business decisions optional
- optional, not held perform quality audits optional
- still to learn analyse financial performance of a company required
- still to learn arrange audit required
- optional, not held execute ICT audits optional
- optional, not held audit contractors optional
- optional, not held design questionnaires optional
- optional, not held revise questionnaires optional
- still to learn attend to detail in preparation for audits required
- still to learn observe confidentiality required
- optional, not held adhere to Standard Operating Procedures optional
- optional, not held adhere to organisational guidelines optional
- optional, not held follow the statutory obligations optional
- still to learn communicate problems to senior colleagues required
- still to learn pose questions referring to documents required
- optional, not held adhere to questionnaires optional
- optional, not held advise on efficiency improvements optional
- optional, not held advise on financial matters optional
Table 4 · Where to start
The 3 entries an audit supervisor role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 analyse financial performance of a company practise this
- 02 arrange audit practise this
- 03 attend to detail in preparation for audits practise 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 financial statements knowledge
- already held international financial reporting standards knowledge
- already held interpret financial statements skill
- already held national generally accepted accounting principles knowledge
- already held prepare financial auditing reports skill
- already held tax legislation knowledge
- already held conduct financial audits skill
18 supplementary skills, helpful but not required
- optional, not held accounting department processes optional
- optional, not held company policies optional
- optional, not held execute ICT audits optional
- optional, not held financial department processes optional
- optional, not held global standards for sustainability reporting optional
- optional, not held adhere to Standard Operating Procedures optional
- optional, not held adhere to organisational guidelines optional
- optional, not held adhere to questionnaires optional
- optional, not held advise on efficiency improvements optional
- optional, not held advise on financial matters optional
- optional, not held audit contractors optional
- optional, not held design questionnaires optional
- optional, not held employment law optional
- optional, not held follow the statutory obligations optional
- optional, not held make strategic business decisions optional
- optional, not held perform quality audits optional
- optional, not held quality standards optional
- optional, not held revise questionnaires optional
19 held skills the audit supervisor role does not ask for
- not needed by the target role anti-dumping law knowledge
- not needed by the target role banking activities knowledge
- not needed by the target role criminal law knowledge
- not needed by the target role detect financial crime skill
- not needed by the target role ensure compliance with accounting conventions skill
- not needed by the target role financial jurisdiction knowledge
- not needed by the target role financial products knowledge
- not needed by the target role forensic intelligence knowledge
- not needed by the target role fraud detection knowledge
- not needed by the target role identify accounting errors skill
- not needed by the target role identify if a company is a going concern skill
- not needed by the target role international law knowledge
- not needed by the target role interpret law skill
- not needed by the target role liaise with managers skill
- not needed by the target role manage corporate bank accounts skill
- not needed by the target role perform forensic accounting skill
- not needed by the target role prepare financial statements skill
- not needed by the target role public offering knowledge
- not needed by the target role trace financial transactions 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 audit techniques required
- still to learn corporate law required
- still to learn internal auditing required
- optional, not held accounting department processes optional
- optional, not held company policies optional
- optional, not held financial department processes optional
- optional, not held global standards for sustainability reporting optional
- optional, not held employment law optional
- optional, not held quality standards optional
Common questions about this move
Can a financial fraud examiner become an audit supervisor?
Yes, and it is a substantial move. A financial fraud examiner already covers 26% of what an audit supervisor is expected to do: 7 skills carry over, 6 of which the audit supervisor role treats as required.
What skills does a financial fraud examiner need to become an audit supervisor?
12 required skills are missing, plus 18 optional ones. They fall into 5 areas of the ESCO skill hierarchy, led by business, administration and law. The single most important is analyse financial performance of a company.
How hard is the move from financial fraud examiner to audit supervisor?
Its learning distance is 71.4 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.