Audit partner vs quality assurance auditor

Differences between audit partner and quality assurance auditor 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.

Quality assurance auditor example responsibilities.

• Manage post-audit activities and follow-up s on any necessary CAPA require resolving majority of deviations/investigations.
• Lead cross functional project team to build user-friendly windows base customer support applications which interface with the OmniPlan/OmniPlus mainframe application.
• Analyze and underwrite VA and FHA loans according to FNMA, FHLMC, regulatory and bank underwriting guidelines.
• Educate staff and officers of third party lending partners on procedures and requirements for FHA, VA and USDA home loans.
• Ensure loan documents are compliant with RESPA TILA guidelines.
• Prepare correspondence; including TILA and RESPA disclosures, responding to OFAC queries and other OFAC relate matters.
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