Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between audit specialists and auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an audit specialist has an average salary of $58,291, which is higher than the $54,853 average annual salary of an auditor.
The top three skills for an audit specialist include audit reports, patients and customer service. The most important skills for an auditor are audit reports, customer service, and financial statements.
| Audit Specialist | Auditor | |
| Yearly salary | $58,291 | $54,853 |
| Hourly rate | $28.02 | $26.37 |
| Growth rate | 6% | 6% |
| Number of jobs | 40,071 | 20,325 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 55% |
| Average age | 44 | 44 |
| Years of experience | - | - |
An audit specialist is responsible for evaluating the reports by a professional auditor that will assist in improving the growth of the organization to achieve its goals and objectives. Audit specialists aid in the development of the company by using a systematic approach to reach the goals set by the company. Primary responsibilities include operating complex and difficult audit projects and conducting audits of control, financial, and other operating records. Also, they develop, implement distinct audit strategies, programs, and procedures for intricate assignments.
An auditor is responsible for reviewing financial statements and making sure that the reports align with the accounting principles and legislative standards. Some of the important duties of an auditor are verifying the company's account statements, ensuring that the business is free from fraud and other unusual activities, providing recommendations to boost operations' performance, and creating financial reports for the board. An auditor should have excellent analytical and decision-making skills to spot inaccuracies of financial statements and resolve financial issues immediately.
Audit specialists and auditors have different pay scales, as shown below.
| Audit Specialist | Auditor | |
| Average salary | $58,291 | $54,853 |
| Salary range | Between $34,000 And $99,000 | Between $35,000 And $84,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | New Jersey |
| Best paying company | SAP | Microsoft |
| Best paying industry | Professional | Professional |
There are a few differences between an audit specialist and an auditor in terms of educational background:
| Audit Specialist | Auditor | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 55% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between audit specialists' and auditors' demographics:
| Audit Specialist | Auditor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 33.7% Female, 66.3% | Male, 44.9% Female, 55.1% |
| Race ratio | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.6% American Indian and Alaska Native, 0.5% | Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.5% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |