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Audit assistant vs audit specialist

The differences between audit assistants and audit specialists 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 $58,291 average annual salary of an audit specialist.

The top three skills for an audit assistant include audit reports, CPA and risk assessments. The most important skills for an audit specialist are audit reports, patients, and customer service.

Audit assistant vs audit specialist overview

Audit AssistantAudit Specialist
Yearly salary$58,744$58,291
Hourly rate$28.24$28.02
Growth rate-5%6%
Number of jobs12,69240,071
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 55%
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 audit specialist do?

An audit specialist is responsible for evaluating the reports by a professional auditor that will assist in improving the growth of the organization to achieve its goals and objectives. Audit specialists aid in the development of the company by using a systematic approach to reach the goals set by the company. Primary responsibilities include operating complex and difficult audit projects and conducting audits of control, financial, and other operating records. Also, they develop, implement distinct audit strategies, programs, and procedures for intricate assignments.

Audit assistant vs audit specialist salary

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

Audit AssistantAudit Specialist
Average salary$58,744$58,291
Salary rangeBetween $49,000 And $70,000Between $34,000 And $99,000
Highest paying CityBoston, MASan Francisco, CA
Highest paying stateDelawareCalifornia
Best paying companyState StreetSAP
Best paying industryTechnologyProfessional

Differences between audit assistant and audit specialist education

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

Audit AssistantAudit Specialist
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 55%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Audit assistant vs audit specialist demographics

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

Audit AssistantAudit Specialist
Average age5144
Gender ratioMale, 38.2% Female, 61.8%Male, 33.7% Female, 66.3%
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, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between audit assistant and audit specialist 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.
  • Show more

Audit specialist example responsibilities.

  • Manage vendor billing disputes for southwestern region from initiation to documentation of resolution while ensuring compliance with SOX guidelines.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Review and verify the submitted documentation for completeness to verify the company is in compliance with Sarbanes-Oxley (SOX).
  • Coordinate delivery of mortgage back securities with internal and external stakeholders.
  • Monitor and maintain automated report generation and distribution via Cognos NoticeCast.
  • Prepare monthly incentive payment and quarterly incentive bonus data for payroll department.
  • Show more

Audit assistant vs audit specialist skills

Common audit assistant skills
  • Audit Reports, 30%
  • CPA, 11%
  • Risk Assessments, 8%
  • Audit Procedures, 6%
  • Analytical Review, 5%
  • Sarbanes-Oxley, 4%
Common audit specialist skills
  • Audit Reports, 11%
  • Patients, 8%
  • Customer Service, 7%
  • Internal Audit, 6%
  • Audit Findings, 5%
  • Process Improvement, 4%

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