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Audit assistant vs bookkeeper

The differences between audit assistants and bookkeepers 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 a bookkeeper. Additionally, an audit assistant has an average salary of $58,744, which is higher than the $40,337 average annual salary of a bookkeeper.

The top three skills for an audit assistant include audit reports, CPA and risk assessments. The most important skills for a bookkeeper are payroll tax returns, customer service, and reconciliations.

Audit assistant vs bookkeeper overview

Audit AssistantBookkeeper
Yearly salary$58,744$40,337
Hourly rate$28.24$19.39
Growth rate-5%-5%
Number of jobs12,69238,481
Job satisfaction-5
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 46%
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 a bookkeeper do?

Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.

Audit assistant vs bookkeeper salary

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

Audit AssistantBookkeeper
Average salary$58,744$40,337
Salary rangeBetween $49,000 And $70,000Between $30,000 And $52,000
Highest paying CityBoston, MAWashington, DC
Highest paying stateDelawareNew York
Best paying companyState StreetNTT Data International L.L.C.
Best paying industryTechnologyManufacturing

Differences between audit assistant and bookkeeper education

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

Audit AssistantBookkeeper
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 46%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Audit assistant vs bookkeeper demographics

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

Audit AssistantBookkeeper
Average age5151
Gender ratioMale, 38.2% Female, 61.8%Male, 15.4% Female, 84.6%
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, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between audit assistant and bookkeeper 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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Bookkeeper example responsibilities.

  • Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
  • Perform journal entries, balance ledger, perform bank reconciliations, control inventory, coordinate proper guest accommodation.
  • Post and update of daily sales and purchases into QuickBooks system.
  • Execute monthly collection of Medicaid surplus funds from clients on a monthly basis.
  • Post resident receipts, Medicaid remittance, and process adjusting entries to the A/R detail.
  • Work closely with QC personnel for the planning of tooling and the flow process of PWB's.
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Audit assistant vs bookkeeper skills

Common audit assistant skills
  • Audit Reports, 30%
  • CPA, 11%
  • Risk Assessments, 8%
  • Audit Procedures, 6%
  • Analytical Review, 5%
  • Sarbanes-Oxley, 4%
Common bookkeeper skills
  • Payroll Tax Returns, 12%
  • Customer Service, 10%
  • Reconciliations, 10%
  • Data Entry, 7%
  • Journal Entries, 5%
  • Financial Transactions, 4%

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