Average Salary For Internal Auditor In South Africa

Internal auditing is an independent, objective assurance and consulting activity designed to add value to and improve an organization’s operations.

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Internal Auditor Salary In South Africa

The average internal auditor salary in South Africa is R 1 388 000 per year or R 712 per hour. Entry-level positions start at R 300 000 per year, while most experienced workers make up to R 6 919 500 per year.

What qualifications do I need to become an internal auditor?

The career path to becoming an internal auditor follows a sequence, starting with obtaining an academic qualification – a Bachelor of Commerce and Honours in Accounting, as well as completing the Certificate: Theory of Accounting (CTA).

How many years does it take to study auditing?

Academic training comprises 4 to 5 years of full-time study. During this time the following qualifications can be obtained: BCom (Acc) 3 years; BCom (Honours)(Acc) and CTA (Certificate Theory of Accounting) 1 – 2 years.

Is internal audit a good career?

Internal audit is a sustainable, and lucrative career path.

The average entry-level salaries in the industry range from being good to great.

Variations such as location and years of experience have an impact on an internal auditor’s salary.

What do internal auditors do in South Africa?

The Internal Auditor’s work includes assessing the tone and risk management culture of the organization as well as evaluating and reporting on the effectiveness and efficiency of the implementation of management policies.

How much does a certified internal auditor earn in South Africa?

The average internal auditor salary in South Africa is R 1 388 000 per year or R 712 per hour. Entry-level positions start at R 300 000 per year, while most experienced workers make up to R 6 919 500 per year.

What is a diploma in internal auditing?

The Diploma is a 3-year program in the Faculty of Accounting and Informatics.

It is designed to provide students with knowledge of Internal Auditing. The internal auditor may be employed in any organization that has an internal audit department.

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