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Audit assistant vs audit clerk

The differences between audit assistants and audit 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 audit clerk. Additionally, an audit assistant has an average salary of $58,744, which is higher than the $39,465 average annual salary of an audit clerk.

The top three skills for an audit assistant include audit reports, CPA and risk assessments. The most important skills for an audit clerk are reservations, night audit, and debit.

Audit assistant vs audit clerk overview

Audit AssistantAudit Clerk
Yearly salary$58,744$39,465
Hourly rate$28.24$18.97
Growth rate-5%-5%
Number of jobs12,69297,427
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 40%
Average age5151
Years of experience66

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 audit clerk do?

An Audit Clerk performs general audits and assessments on its financial activities, ensuring accuracy and timeliness. They gather and analyze data from various offices, check customer and vendor payments and balances, verify tax deductions, and produce and review reports, keeping an eye out for any inconsistencies and irregularities. An Audit Clerk may also reconcile financial records in some companies, verify bank transactions, and process payments. Moreover, they also perform clerical tasks such as preparing documentation, organizing files, and handling calls and correspondence.

Audit assistant vs audit clerk salary

Audit assistants and audit clerks have different pay scales, as shown below.

Audit AssistantAudit Clerk
Average salary$58,744$39,465
Salary rangeBetween $49,000 And $70,000Between $30,000 And $51,000
Highest paying CityBoston, MABrentwood, NY
Highest paying stateDelawareNew Jersey
Best paying companyState StreetVermont Gas Systems
Best paying industryTechnologyTransportation

Differences between audit assistant and audit clerk education

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

Audit AssistantAudit Clerk
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 40%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Audit assistant vs audit clerk demographics

Here are the differences between audit assistants' and audit clerks' demographics:

Audit AssistantAudit Clerk
Average age5151
Gender ratioMale, 38.2% Female, 61.8%Male, 24.5% Female, 75.5%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between audit assistant and audit clerk 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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Audit clerk example responsibilities.

  • Manage multiple deadlines for numerous payroll divisions and complex division budget reports with accurately and efficiently.
  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Contact members to update information using AS400.
  • Create PowerPoint presentations for all new processes being implement.
  • Work closely with KIVA robotic systems and AS400 tracking systems.
  • Open, sort and batching of incoming mails utilizing Opex machine.
  • Show more

Audit assistant vs audit clerk skills

Common audit assistant skills
  • Audit Reports, 30%
  • CPA, 11%
  • Risk Assessments, 8%
  • Audit Procedures, 6%
  • Analytical Review, 5%
  • Sarbanes-Oxley, 4%
Common audit clerk skills
  • Reservations, 23%
  • Night Audit, 16%
  • Debit, 12%
  • Audit Reports, 11%
  • Front Desk, 6%
  • Data Entry, 6%

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