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Audit assistant vs associate auditor

The differences between audit assistants and associate auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an audit assistant has an average salary of $58,744, which is higher than the $56,973 average annual salary of an associate auditor.

The top three skills for an audit assistant include audit reports, CPA and risk assessments. The most important skills for an associate auditor are internal controls, financial services, and internal audit.

Audit assistant vs associate auditor overview

Audit AssistantAssociate Auditor
Yearly salary$58,744$56,973
Hourly rate$28.24$27.39
Growth rate-5%6%
Number of jobs12,69220,192
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 72%
Average age5144
Years of experience6-

What does an audit assistant do?

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.

What does an associate auditor do?

An Associate Auditor assists in the review and evaluation of operational and management control systems. They also assist clients with routine accounting functions.

Audit assistant vs associate auditor salary

Audit assistants and associate auditors have different pay scales, as shown below.

Audit AssistantAssociate Auditor
Average salary$58,744$56,973
Salary rangeBetween $49,000 And $70,000Between $44,000 And $72,000
Highest paying CityBoston, MAWashington, DC
Highest paying stateDelawareNew York
Best paying companyState StreetSantander Private Banking International
Best paying industryTechnologyFinance

Differences between audit assistant and associate auditor education

There are a few differences between an audit assistant and an associate auditor in terms of educational background:

Audit AssistantAssociate Auditor
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 72%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Audit assistant vs associate auditor demographics

Here are the differences between audit assistants' and associate auditors' demographics:

Audit AssistantAssociate Auditor
Average age5144
Gender ratioMale, 38.2% Female, 61.8%Male, 51.0% Female, 49.0%
Race ratioBlack 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, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.5% White, 59.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between audit assistant and associate auditor duties and responsibilities

Audit assistant example responsibilities.

  • Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
  • Communicate with health facility staff, consultants and CPA regarding the resolution of technical, accounting and conceptual errors.
  • Go on audit with team, work with clients collecting data they already have prepared and pass out to each CPA.
  • Submit payroll information on all associates bi-weekly.
  • Generate PowerPoint presentations as required for various staff members.
  • Participate in SOX compliance audit for an international medical manufacturing company.
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Associate auditor example responsibilities.

  • Manage accounts payable/receivable/inventory, payroll, selling and administrative expense, owner s equity and cash accounts.
  • Manage accounting operations, accounting close, account reporting and reconciliations for internal corporate and bank transactions.
  • Review simple visit coding of HCPCS, ICD, and CPT codes to ensure coding compliance.
  • Provide education to linear departments base on payer bulletins and CMS guidelines via updates receive from Novitas.
  • Prepare the charge master to reflect all charges for all departments by applying the appropriate HCPCS and CPT codes.
  • Travel to various locations outside of normal business commute for audits, site visits, quarterly reviews, and SOX testing.
  • Show more

Audit assistant vs associate auditor skills

Common audit assistant skills
  • Audit Reports, 30%
  • CPA, 11%
  • Risk Assessments, 8%
  • Audit Procedures, 6%
  • Analytical Review, 5%
  • Sarbanes-Oxley, 4%
Common associate auditor skills
  • Internal Controls, 15%
  • Financial Services, 5%
  • Internal Audit, 5%
  • Audit Procedures, 5%
  • Audit Engagements, 5%
  • Risk Assessments, 4%

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