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The differences between audit assistants and accounts payable assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an audit assistant and an accounts payable assistant. Additionally, an audit assistant has an average salary of $58,744, which is higher than the $37,145 average annual salary of an accounts payable assistant.
The top three skills for an audit assistant include audit reports, CPA and risk assessments. The most important skills for an accounts payable assistant are data entry, purchase orders, and vendor invoices.
| Audit Assistant | Accounts Payable Assistant | |
| Yearly salary | $58,744 | $37,145 |
| Hourly rate | $28.24 | $17.86 |
| Growth rate | -5% | -5% |
| Number of jobs | 12,692 | 31,341 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 49% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
It is the job of an audit assistant to monitor and analyze the financial reports of a business enterprise. Audit assistants prepare the financial reports and ensure compliance with the tax regulations. They determine both the strengths and weaknesses of the finances of an organization. Their job includes checking the accuracy of accounting procedures and systems. They make a review, assessment, and recommendations for changes in business unit accounting systems and controls.
An accounts payable assistant is responsible for monitoring the company's billing transactions, ensuring the accurate and efficient completion of the business' financial obligations. Accounts payable assistants process invoices, resolve account discrepancies, manage bank reconciliation, create expense reports, and updating account information on the company's database. They work within a team of the accounting and finance department, assisting with tax filing and audit processes as needed. An accounts payable assistant must have excellent knowledge of the financial industry and accounting principles to perform various duties, as well as doing administrative and clerical tasks as needed.
Audit assistants and accounts payable assistants have different pay scales, as shown below.
| Audit Assistant | Accounts Payable Assistant | |
| Average salary | $58,744 | $37,145 |
| Salary range | Between $49,000 And $70,000 | Between $29,000 And $46,000 |
| Highest paying City | Boston, MA | Santa Cruz, CA |
| Highest paying state | Delaware | California |
| Best paying company | State Street | Emerson College |
| Best paying industry | Technology | Construction |
There are a few differences between an audit assistant and an accounts payable assistant in terms of educational background:
| Audit Assistant | Accounts Payable Assistant | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 49% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between audit assistants' and accounts payable assistants' demographics:
| Audit Assistant | Accounts Payable Assistant | |
| Average age | 51 | 51 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 15.2% Female, 84.8% |
| Race ratio | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6% | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |