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Audit internship vs staff auditor

The differences between audit interns and staff auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a staff auditor has an average salary of $55,431, 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 a staff auditor are audit procedures, CPA, and internal audit.

Audit internship vs staff auditor overview

Audit InternshipStaff Auditor
Yearly salary$48,313$55,431
Hourly rate$23.23$26.65
Growth rate6%6%
Number of jobs59,05391,268
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 82%
Average age4444
Years of experience--

What does an audit internship do?

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.

What does a staff auditor do?

The duties of a staff auditor depend on their line of work or place of employment. Typically, their responsibilities revolve around conducting financial audits and operational analysis to determine efficiency and compliance to regulations, coordinating with different departments to gather data, reach out to clients through calls or correspondence, and arrange appointments when necessary. A staff auditor may also perform clerical tasks such as produce progress reports, create presentations, respond to inquiries and concerns, and maintain extensive records and data.

Audit internship vs staff auditor salary

Audit interns and staff auditors have different pay scales, as shown below.

Audit InternshipStaff Auditor
Average salary$48,313$55,431
Salary rangeBetween $32,000 And $71,000Between $43,000 And $70,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateAlaskaAlaska
Best paying companyRSM USSignature Bank
Best paying industryProfessionalProfessional

Differences between audit internship and staff auditor education

There are a few differences between an audit internship and a staff auditor in terms of educational background:

Audit InternshipStaff Auditor
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 82%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Audit internship vs staff auditor demographics

Here are the differences between audit interns' and staff auditors' demographics:

Audit InternshipStaff Auditor
Average age4444
Gender ratioMale, 51.9% Female, 48.1%Male, 59.3% Female, 40.7%
Race ratioBlack 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, 13.3% White, 62.5% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between audit internship and staff auditor duties and responsibilities

Audit internship example responsibilities.

  • Manage audit finalization, SOX audit and internal audit of multinational companies
  • Manage accounting operations, accounting close, account reporting and reconciliations for internal corporate and bank transactions.
  • Conduct FDA submission projects including projects.
  • Assist the senior manager to make PowerPoint presentation.
  • Work with senior management to prepare PowerPoint presentations for clients.
  • Have currently effective BLS and ACLS certificates, confidently run codes.
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Staff auditor example responsibilities.

  • Manage accounting operations, accounting close, account reporting and reconciliations for internal corporate and bank transactions.
  • Review consolidated GAAP financial statements, inter-company eliminations and fluctuations between budget verses actual results.
  • Ensure engagements are in compliance with generally accept accounting principles (GAAP) and generally accept auditing standards (GAAS).
  • Conduct financial audits in accordance with GAAS to establish compliance with policies and procedures and to determine effectiveness of internal controls.
  • Collaborate closely with clients by educating them on new opportunities and conduct tax research and planning; train clients on QuickBooks.
  • Collaborate with the quality department in authoring ISO procedures for manufacturing engineering; key contributor on quality and ISO auditing teams.
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Audit internship vs staff auditor skills

Common audit internship skills
  • Audit Procedures, 18%
  • Risk Assessments, 15%
  • CPA, 11%
  • GAAP, 9%
  • Audit Intern, 7%
  • First Hand, 5%
Common staff auditor skills
  • Audit Procedures, 12%
  • CPA, 12%
  • Internal Audit, 7%
  • Audit Reports, 5%
  • Audit Findings, 5%
  • Compliance Audits, 4%

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