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Auditor vs analyst

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 vs analyst overview

AuditorAnalyst
Yearly salary$54,853$73,007
Hourly rate$26.37$35.10
Growth rate6%11%
Number of jobs20,325253,138
Job satisfaction3-
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 67%
Average age4444
Years of experience-4

What does an auditor do?

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.

What does an analyst do?

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.

Auditor vs analyst salary

Auditors and analysts have different pay scales, as shown below.

AuditorAnalyst
Average salary$54,853$73,007
Salary rangeBetween $35,000 And $84,000Between $53,000 And $99,000
Highest paying CityWashington, DCJersey City, NJ
Highest paying stateNew JerseyNew Jersey
Best paying companyMicrosoftThe Citadel
Best paying industryProfessionalTechnology

Differences between auditor and analyst education

There are a few differences between an auditor and an analyst in terms of educational background:

AuditorAnalyst
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 67%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Auditor vs analyst demographics

Here are the differences between auditors' and analysts' demographics:

AuditorAnalyst
Average age4444
Gender ratioMale, 44.9% Female, 55.1%Male, 52.4% Female, 47.6%
Race ratioBlack 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 Percentage7%12%

Differences between auditor and analyst duties and responsibilities

Auditor example responsibilities.

  • Lead FDA readiness audits and participate in regulatory inspections.
  • Manage the collection, analysis and verification of managerial payroll information to detect fraud and/or unethical practices.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Perform semi-annual financial audits w/ externally contract CPA to validate accounts payable and receivables.
  • Develop and facilitate training for SOX process owners and other stakeholders using Microsoft PowerPoint.
  • Work efficiently and effectively with various process owners to develop SOX specific business processes and mating documentation controls.
  • Show more

Analyst example responsibilities.

  • Manage support incidents and mitigate customer issues meeting or exceeding establish SLA's.
  • Manage database including all ETL procedures, optimize SQL query to build an online sales platform.
  • Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
  • Provide hands-on technical support and managing custom software, windows base systems, networking solutions, and database systems.
  • Initiate and lead quality improvement projects to address KPIs such as production, error rate, and turnaround time.
  • Help develop and handle both on and offsite SEO solutions as well as managing local campaigns and international SEO efforts.
  • Show more

Auditor vs analyst skills

Common auditor skills
  • Audit Reports, 18%
  • Customer Service, 8%
  • Financial Statements, 6%
  • Audit Findings, 5%
  • Audit Procedures, 5%
  • Payroll, 5%
Common analyst skills
  • Customer Service, 13%
  • Troubleshoot, 6%
  • Data Analysis, 6%
  • Management System, 5%
  • Project Management, 5%
  • Strong Analytical, 4%

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