The term “financial examiner” is used to describe a variety of positions. All of these jobs entail scrutinizing financial records to ensure that they are compliant with the law and provide an accurate picture of an individual’s or organization’s financial situation. Financial examiners typically have a background in accounting and law, as well as some additional specialized training, depending on their location and the materials they work with.
Financial examiners, like other financial professionals, are expected to have a high level of personal integrity. They have access to sensitive and potentially compromising information, such as detailed information about financial transactions and accounts. They must show that they can follow an ethical code, that they have a thorough understanding of the laws that apply to the documents they examine, and that they have no conflicts of interest.
A financial examiner is a person who inspects tax records in the United States. An examiner examines a tax return to ensure that it is complete and accurate, and that the taxpayer is eligible for all of the exemptions claimed. Some financial examiners work for the Internal Revenue Service, looking for signs of wrongdoing in taxpayer records. Others work in the private sector, examining tax documents before they are filed in order to help individuals and businesses avoid common tax pitfalls that could land them in trouble or cause their tax information to be delayed.
Financial examiners in other parts of the world examine financial records in a broader sense, and they may not focus on or even handle tax documentation. Financial examiners can work within organizations to audit financial data and inspect financial data, or they can be brought in to inspect financial data. This type of financial examiner ensures that financial transactions are legal and that documents are filed in accordance with industry standards.
A person who wants to work as a financial examiner should have a keen eye for detail. The job necessitates the ability to patiently sift through large amounts of data in order to spot anomalies and problems. A financial examiner must be alert or risk missing crucial information, and these professionals must also be up to date on standards, practices, and the law. Many financial examiners are members of professional organizations that help them stay current in their field.