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The differences between audit assistants and accounts payable clerks 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 clerk. Additionally, an audit assistant has an average salary of $58,744, which is higher than the $38,333 average annual salary of an accounts payable clerk.
The top three skills for an audit assistant include audit reports, CPA and risk assessments. The most important skills for an accounts payable clerk are customer service, data entry, and purchase orders.
| Audit Assistant | Accounts Payable Clerk | |
| Yearly salary | $58,744 | $38,333 |
| Hourly rate | $28.24 | $18.43 |
| Growth rate | -5% | -5% |
| Number of jobs | 12,692 | 89,564 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 46% |
| 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 clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.
Audit assistants and accounts payable clerks have different pay scales, as shown below.
| Audit Assistant | Accounts Payable Clerk | |
| Average salary | $58,744 | $38,333 |
| Salary range | Between $49,000 And $70,000 | Between $30,000 And $48,000 |
| Highest paying City | Boston, MA | Washington, DC |
| Highest paying state | Delaware | Massachusetts |
| Best paying company | State Street | Jane Street |
| Best paying industry | Technology | Technology |
There are a few differences between an audit assistant and an accounts payable clerk in terms of educational background:
| Audit Assistant | Accounts Payable Clerk | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 46% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between audit assistants' and accounts payable clerks' demographics:
| Audit Assistant | Accounts Payable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 17.2% Female, 82.8% |
| 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, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |