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European Skills, Competences, Qualifications and Occupations (ESCO)

Skills & competences

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Hierarchy view

K - knowledge
L - language skills and knowledge
S - skills
S1 - communication, collaboration and creativity
S2 - information skills
S2.0 - information skills
S2.1 - conducting studies, investigations and examinations
S2.2 - documenting and recording information
S2.3 - managing information
S2.4 - processing information
S2.5 - measuring physical properties
S2.6 - calculating and estimating
S2.7 - analysing and evaluating information and data
S2.8 - monitoring, inspecting and testing
S2.8.0 - monitoring, inspecting and testing
S2.8.1 - testing electrical and mechanical systems or equipment
S2.8.2 - monitoring operational activities
S2.8.3 - monitoring financial and economic resources and activity
- analyse market financial trends
- arrange audit
- check payrolls
- control of expenses
- enforce customer's debt repayment
- ensure compliance with accounting conventions
- handle financial overviews of the store
- inspect government expenditures
- inspect government incomes
- maintain plans of a mining site
- monitor banking activities
- monitor billing procedures
- monitor bond market
- monitor casino finances
- monitor charity's budget
- monitor credit institutes
- monitor financial accounts
- monitor international market performance
- monitor loan portfolio
- monitor mine costs
- monitor national economy
- monitor oil rig costs
- monitor online competitors
- monitor production costs
- monitor programming finances
- monitor stock market
- monitor title procedures
- monitor well costs
- oversee freight-related financial documentation
- perform forensic accounting
- perform mystery shopping
- undertake clinical audit
S2.8.4 - monitoring safety or security
S2.8.5 - monitoring environmental conditions
S2.8.6 - monitoring health conditions of humans and animals
S2.8.8 - testing and analysing substances
S2.8.9 - inspecting food safety and quality
S2.8.10 - monitoring quality of products
S2.8.11 - testing vehicles
S2.9 - monitoring developments in area of expertise
S3 - assisting and caring
S4 - management skills
S5 - working with computers
S6 - handling and moving
S7 - constructing
S8 - working with machinery and specialised equipment
T - transversal skills and competences

This concept is obsolete

conduct financial audits

transversal skills and competences

thinking skills and competences

planning and organising

organise information, objects and resources

process qualitative information

monitoring financial and economic resources and activity

monitoring financial and economic resources and activity

arrange audit

conduct financial audits

skills

information skills

monitoring, inspecting and testing

monitoring safety or security

conduct workplace audits

conduct financial audits

Concept overview

Description

Evaluate and monitor the financial health, the operations and financial movements expressed in the financial statements of the company. Revise the financial records to ensure stewardship and governability.

Alternative Labels

carry out financial audits

conduct a financial audit

conducting a financial audit

conducting financial audits

manage financial audits

organise financial audits

undertake financial audits

Skill type

skill

Skill reusability level

cross-sector skills and competences

Relationships

Broader concepts

Narrower skills

Essential for

Optional for

Optional Knowledge

Concept status

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DG Employment, Social Affairs and Inclusion of the European Commission developed ESCO in collaboration with stakeholders and with the European Centre for the Development of Vocational Training (Cedefop).

CONTACT ESCO
Current version: ESCO v1.2 (Last update 15/05/2024)