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The differences between audit interns and inventory auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an audit internship has an average salary of $48,313, which is higher than the $33,666 average annual salary of an inventory auditor.
The top three skills for an audit internship include audit procedures, risk assessments and CPA. The most important skills for an inventory auditor are customer service, basic math, and sales floor.
| Audit Internship | Inventory Auditor | |
| Yearly salary | $48,313 | $33,666 |
| Hourly rate | $23.23 | $16.19 |
| Growth rate | 6% | 6% |
| Number of jobs | 59,053 | 37,887 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 38% |
| Average age | 44 | 44 |
| Years of experience | - | - |
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.
Inventory auditors are responsible for creating and monitoring inventory reports as well as recording various products and stocks. Often, Inventory Auditor works full-time hours inside a warehouse and delivery company, business establishment, Malls, and other management company. The job also includes traveling to different locations and work with multiple industries. Counts the item stock's quantity and compares the inventory record to physical inventory to ensure that the number matches with the supply amount and there is no missing product.
Audit interns and inventory auditors have different pay scales, as shown below.
| Audit Internship | Inventory Auditor | |
| Average salary | $48,313 | $33,666 |
| Salary range | Between $32,000 And $71,000 | Between $26,000 And $42,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | Alaska | Alaska |
| Best paying company | RSM US | BD |
| Best paying industry | Professional | Technology |
There are a few differences between an audit internship and an inventory auditor in terms of educational background:
| Audit Internship | Inventory Auditor | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 38% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between audit interns' and inventory auditors' demographics:
| Audit Internship | Inventory Auditor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 51.9% Female, 48.1% | Male, 53.3% Female, 46.7% |
| 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, 12.2% White, 63.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |