Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between audit assistants and audit managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an audit assistant, becoming an audit manager takes usually requires 6-8 years. Additionally, an audit manager has an average salary of $121,419, which is higher than the $58,744 average annual salary of an audit assistant.
The top three skills for an audit assistant include audit reports, CPA and risk assessments. The most important skills for an audit manager are CPA, internal audit, and audit reports.
| Audit Assistant | Audit Manager | |
| Yearly salary | $58,744 | $121,419 |
| Hourly rate | $28.24 | $58.37 |
| Growth rate | -5% | 17% |
| Number of jobs | 12,692 | 70,168 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 75% |
| Average age | 51 | 46 |
| Years of experience | 6 | 8 |
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 audit manager is responsible for the complete audit process of finances in an organization. They work for banks and report directly to the audit committee. Based on findings gathered, a financial institution can gain vision into their variance and overall performance. They are also responsible for scheduling audits, initiating departmental audits, consolidation, and analysis of audit reports, and reviewing accounting procedures. Moreover, part of their tasks is to create audit finding presentations to be presented to the audit committee. It requires a high amount of accountability to be an effective audit manager.
Audit assistants and audit managers have different pay scales, as shown below.
| Audit Assistant | Audit Manager | |
| Average salary | $58,744 | $121,419 |
| Salary range | Between $49,000 And $70,000 | Between $82,000 And $178,000 |
| Highest paying City | Boston, MA | Portland, ME |
| Highest paying state | Delaware | Maine |
| Best paying company | State Street | Meta |
| Best paying industry | Technology | Manufacturing |
There are a few differences between an audit assistant and an audit manager in terms of educational background:
| Audit Assistant | Audit Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 75% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between audit assistants' and audit managers' demographics:
| Audit Assistant | Audit Manager | |
| Average age | 51 | 46 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 66.0% Female, 34.0% |
| 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |