Audit partner vs internal audit manager

The differences between audit partners and internal audit managers 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 $106,222 average annual salary of an internal audit manager.

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

Audit partner vs internal audit manager overview

	Audit Partner	Internal Audit Manager
Yearly salary	$195,691	$106,222
Hourly rate	$94.08	$51.07
Growth rate	6%	6%
Number of jobs	33,597	28,405
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 81%	Bachelor's Degree, 75%
Average age	44	44
Years of experience	-	-

Audit partner vs internal audit manager salary

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

	Audit Partner	Internal Audit Manager
Average salary	$195,691	$106,222
Salary range	Between $120,000 And $318,000	Between $74,000 And $151,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Citi
Best paying industry	-	Finance

Differences between audit partner and internal audit manager education

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

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

Audit partner vs internal audit manager demographics

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

	Audit Partner	Internal Audit Manager
Average age	44	44
Gender ratio	Male, 83.1% Female, 16.9%	Male, 70.1% Female, 29.9%
Race ratio	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%	Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.9% White, 63.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between audit partner and internal audit manager duties and responsibilities

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.

Internal audit manager example responsibilities.

Manage financial reconciliation, bill pay, and budgeting using Quickbooks.
Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
Define metrics to determine ROI of programs.
Assist external CPA firm with annual financial statement audits.
Provide oversight and monitoring of provision accounts, fee waivers, and reps and warranties.
Provide oversight and expertise for internal investigators.

Audit partner vs internal audit manager skills

Common audit partner skills

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

Common internal audit manager skills

Internal Controls, 11%
Risk Management, 8%
Audit Reports, 8%
SOX, 5%
Audit Procedures, 4%
Ethics, 4%

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Audit Partner vs Internal Audit Manager

Updated January 8, 2025

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