Audit partner vs partner

The differences between audit partners and 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 $76,119 average annual salary of a partner.

The top three skills for an audit partner include client service, CPA and client relationships. The most important skills for a partner are patients, customer service, and healthcare.

Audit partner vs partner overview

	Audit Partner	Partner
Yearly salary	$195,691	$76,119
Hourly rate	$94.08	$36.60
Growth rate	6%	10%
Number of jobs	33,597	45,758
Job satisfaction	-	1
Most common degree	Bachelor's Degree, 81%	Bachelor's Degree, 59%
Average age	44	39
Years of experience	-	10

Audit partner vs partner salary

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

	Audit Partner	Partner
Average salary	$195,691	$76,119
Salary range	Between $120,000 And $318,000	Between $31,000 And $182,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Sidley Austin
Best paying industry	-	-

Differences between audit partner and partner education

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

	Audit Partner	Partner
Most common degree	Bachelor's Degree, 81%	Bachelor's Degree, 59%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Georgia

Audit partner vs partner demographics

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

	Audit Partner	Partner
Average age	44	39
Gender ratio	Male, 83.1% Female, 16.9%	Male, 62.3% Female, 37.7%
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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage	7%	10%

Differences between audit partner and partner 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.

Partner example responsibilities.

Negotiate interim management agreement for LLC on behalf of managing member in dispute with several other members who invest in company.
Operate and manage a boutique technology and business consultancy with nationwide operating breadth.
Practice all aspects of intellectual property law and manage this boutique intellectual property law practice.
Accomplish matrimonial and defense litigation interrogatory consolidation, memos, motions and other court filings for senior partner.
Manage cost-centers and leverage unique Indian production and post- production capabilities and position the company as a prefer production partner.
Design and deploy advanced lightweight information technology solutions, including POS, inventory management, and production-base systems.

Audit partner vs partner skills

Common audit partner skills

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

Common partner skills

Patients, 16%
Customer Service, 14%
Healthcare, 8%
Patient Care, 7%
Project Management, 5%
Catheter, 5%