Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between audit assistants and accounts receivable 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 receivable clerk. Additionally, an audit assistant has an average salary of $58,744, which is higher than the $36,425 average annual salary of an accounts receivable clerk.
The top three skills for an audit assistant include audit reports, CPA and risk assessments. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.
| Audit Assistant | Accounts Receivable Clerk | |
| Yearly salary | $58,744 | $36,425 |
| Hourly rate | $28.24 | $17.51 |
| Growth rate | -5% | -5% |
| Number of jobs | 12,692 | 87,935 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 36% |
| 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 Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.
Audit assistants and accounts receivable clerks have different pay scales, as shown below.
| Audit Assistant | Accounts Receivable Clerk | |
| Average salary | $58,744 | $36,425 |
| Salary range | Between $49,000 And $70,000 | Between $29,000 And $45,000 |
| Highest paying City | Boston, MA | Boston, MA |
| Highest paying state | Delaware | Massachusetts |
| Best paying company | State Street | IBM |
| Best paying industry | Technology | Finance |
There are a few differences between an audit assistant and an accounts receivable clerk in terms of educational background:
| Audit Assistant | Accounts Receivable Clerk | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 36% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between audit assistants' and accounts receivable clerks' demographics:
| Audit Assistant | Accounts Receivable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 13.7% Female, 86.3% |
| 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% |