Management accountants and internal auditors are watchdogs of efficiency, effectiveness, and compliance. Both kinds of accountants can be found in corporations, but each plays a different role.
Management accountants study and interpret business numbers, such as earnings and salaries. They decide how money should be spent and advise management on key business decisions. Internal auditors, on the other hand, check that records are accurate and that controls are in place to protect against fraud and waste.
Management accountants review and analyze information from a company's financial records. Internal auditors check that these records are accurate and that operations are running smoothly and comply with laws and regulations.
“The three things I like most about my career are the variety of projects that I am involved in, the frequent interaction I have with others in pursuit of a common goal, and the problem-solving nature of my job.” C. Johnson, Controller
Conscientious, analytical, good at math and problem solving, and able to work with business systems and computers. Accountants and auditors must also be good at working with people and communicating the results of their work.
The Institute of Management Accountants offers a voluntary certification that some employers require.