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The differences between auditors and analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an analyst has an average salary of $73,007, which is higher than the $54,853 average annual salary of an auditor.
The top three skills for an auditor include audit reports, customer service and financial statements. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Auditor | Analyst | |
| Yearly salary | $54,853 | $73,007 |
| Hourly rate | $26.37 | $35.10 |
| Growth rate | 6% | 11% |
| Number of jobs | 20,325 | 253,138 |
| Job satisfaction | 3 | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | - | 4 |
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.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Auditors and analysts have different pay scales, as shown below.
| Auditor | Analyst | |
| Average salary | $54,853 | $73,007 |
| Salary range | Between $35,000 And $84,000 | Between $53,000 And $99,000 |
| Highest paying City | Washington, DC | Jersey City, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Microsoft | The Citadel |
| Best paying industry | Professional | Technology |
There are a few differences between an auditor and an analyst in terms of educational background:
| Auditor | Analyst | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 67% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between auditors' and analysts' demographics:
| Auditor | Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 44.9% Female, 55.1% | Male, 52.4% Female, 47.6% |
| Race ratio | 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% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |