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The differences between audit interns and accounting analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an accounting analyst has an average salary of $58,399, which is higher than the $48,313 average annual salary of an audit internship.
The top three skills for an audit internship include audit procedures, risk assessments and CPA. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.
| Audit Internship | Accounting Analyst | |
| Yearly salary | $48,313 | $58,399 |
| Hourly rate | $23.23 | $28.08 |
| Growth rate | 6% | 6% |
| Number of jobs | 59,053 | 81,097 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Average age | 44 | 44 |
| Years of experience | - | 4 |
An audit intern is responsible for assisting the finance department in processing financial reports, analyzing account statements, releasing invoices, and conducting tax audits. Audit interns shadow tenured staff on the operation procedures to familiarize themselves with work processes. They are also tasked to do administrative and clerical duties under the supervision of a direct supervisor, such as writing reports, ensuring the accuracy of financial statements, responding to clients' inquiries and concerns, and escalating high-level complaints to the supervisor for immediate resolution.
An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.
Audit interns and accounting analysts have different pay scales, as shown below.
| Audit Internship | Accounting Analyst | |
| Average salary | $48,313 | $58,399 |
| Salary range | Between $32,000 And $71,000 | Between $42,000 And $79,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | Alaska | New York |
| Best paying company | RSM US | |
| Best paying industry | Professional | Finance |
There are a few differences between an audit internship and an accounting analyst in terms of educational background:
| Audit Internship | Accounting Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between audit interns' and accounting analysts' demographics:
| Audit Internship | Accounting Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 51.9% Female, 48.1% | Male, 41.6% Female, 58.4% |
| Race ratio | Black or African American, 7.4% Unknown, 3.9% Hispanic or Latino, 9.7% Asian, 17.9% White, 60.5% American Indian and Alaska Native, 0.4% | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |