Audit manager vs audit partner

The differences between audit managers and audit partners can be seen in a few details. Each job has different responsibilities and duties. Additionally, an audit partner has an average salary of $195,691, which is higher than the $121,419 average annual salary of an audit manager.

The top three skills for an audit manager include CPA, internal audit and audit reports. The most important skills for an audit partner are client service, CPA, and client relationships.

Audit manager vs audit partner overview

	Audit Manager	Audit Partner
Yearly salary	$121,419	$195,691
Hourly rate	$58.37	$94.08
Growth rate	17%	6%
Number of jobs	70,168	33,597
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 81%
Average age	46	44
Years of experience	8	-

Audit manager vs audit partner salary

Audit managers and audit partners have different pay scales, as shown below.

	Audit Manager	Audit Partner
Average salary	$121,419	$195,691
Salary range	Between $82,000 And $178,000	Between $120,000 And $318,000
Highest paying City	Portland, ME	-
Highest paying state	Maine	-
Best paying company	Meta	-
Best paying industry	Manufacturing	-

Differences between audit manager and audit partner education

There are a few differences between an audit manager and an audit partner in terms of educational background:

	Audit Manager	Audit Partner
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 81%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Audit manager vs audit partner demographics

Here are the differences between audit managers' and audit partners' demographics:

	Audit Manager	Audit Partner
Average age	46	44
Gender ratio	Male, 66.0% Female, 34.0%	Male, 83.1% Female, 16.9%
Race ratio	Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%	Black or African American, 8.9% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	11%	7%

Differences between audit manager and audit partner duties and responsibilities

Audit manager example responsibilities.

Manage a review for a large insurance company to ensure compliance with HIPAA law.
Manage audits in all divisions and ensure all accounting transactions are perform in accordance with GAAP.
Lead ERM development, implementation, risk assessment reviews, reporting, improvement/remediation, & continuous monitoring.
Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
Manage audits of monthly closings, bank reports, cash flow, operations analysis, revenue accounting, and IPO documents.
Manage two staff accountants and Hyperion assistant/analyst.

Audit partner example responsibilities.

Manage audits of monthly closings, bank reports, cash flow, operations analysis, revenue accounting, and IPO documents.
Frequent speaker to professional organizations on FASB activities.
Implement audit risk practice utilizing COSO methodology, updating internal audit approach from traditional substantive testing to risk-base auditing.
Involve in planning and execution of testing revenue/ cost adjustments relate to an early adoption of ASC 606.

Audit manager vs audit partner skills

Common audit manager skills

CPA, 14%
Internal Audit, 6%
Audit Reports, 6%
Audit Engagements, 5%
Financial Services, 5%
Risk Management, 5%

Common audit partner skills

Client Service, 23%
CPA, 21%
Client Relationships, 11%
Audit Services, 7%
Real Estate, 7%
Financial Services, 5%