Asked by: Medardo Stolterfothbusiness and finance executive leadership and management
How much do chief audit executives make?
Last Updated: 27th May, 2020
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Similarly one may ask, what does a chief audit executive do?
The basic functions of management include planning, organizing, staffing, directing, and controlling. As the leader of internal audit, the chief audit executive is tasked with the responsibility of excelling in these aspects of management.
Additionally, how much do internal audit directors make? The average salary for a Director of Internal Audit is $126,002 per year in the United States.
Then, how do you become a chief audit executive?
How the Role and Skills of a Chief Audit Executive Are Evolving
- Sixty-nine percent are 40 to 59 years old.
- Almost all (94 percent) hold a bachelor's degree, and most (64 percent) majored in accounting.
- Internal audit experience overall totals 13.4 years (6.8 years as a CAE, 2.1 as a director, 1.6 as a manager, and 2.9 as a staffer).
Are auditors in demand?
Employment of accountants and auditors is projected to grow 6 percent from 2018 to 2028, about as fast as the average for all occupations. Globalization, a growing economy, and a complex tax and regulatory environment are expected to continue to lead to strong demand for accountants and auditors.