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Auditor vs associate auditor

The differences between auditors and associate auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an associate auditor has an average salary of $56,973, 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 associate auditor are internal controls, financial services, and internal audit.

Auditor vs associate auditor overview

AuditorAssociate Auditor
Yearly salary$54,853$56,973
Hourly rate$26.37$27.39
Growth rate6%6%
Number of jobs20,32520,192
Job satisfaction3-
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 72%
Average age4444
Years of experience--

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 associate auditor do?

An Associate Auditor assists in the review and evaluation of operational and management control systems. They also assist clients with routine accounting functions.

Auditor vs associate auditor salary

Auditors and associate auditors have different pay scales, as shown below.

AuditorAssociate Auditor
Average salary$54,853$56,973
Salary rangeBetween $35,000 And $84,000Between $44,000 And $72,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateNew JerseyNew York
Best paying companyMicrosoftSantander Private Banking International
Best paying industryProfessionalFinance

Differences between auditor and associate auditor education

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

AuditorAssociate Auditor
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 72%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Auditor vs associate auditor demographics

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

AuditorAssociate Auditor
Average age4444
Gender ratioMale, 44.9% Female, 55.1%Male, 51.0% Female, 49.0%
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, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.5% White, 59.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between auditor and associate auditor 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

Associate auditor example responsibilities.

  • Manage accounts payable/receivable/inventory, payroll, selling and administrative expense, owner s equity and cash accounts.
  • Manage accounting operations, accounting close, account reporting and reconciliations for internal corporate and bank transactions.
  • Review simple visit coding of HCPCS, ICD, and CPT codes to ensure coding compliance.
  • Provide education to linear departments base on payer bulletins and CMS guidelines via updates receive from Novitas.
  • Prepare the charge master to reflect all charges for all departments by applying the appropriate HCPCS and CPT codes.
  • Travel to various locations outside of normal business commute for audits, site visits, quarterly reviews, and SOX testing.
  • Show more

Auditor vs associate auditor skills

Common auditor skills
  • Audit Reports, 18%
  • Customer Service, 8%
  • Financial Statements, 6%
  • Audit Findings, 5%
  • Audit Procedures, 5%
  • Payroll, 5%
Common associate auditor skills
  • Internal Controls, 15%
  • Financial Services, 5%
  • Internal Audit, 5%
  • Audit Procedures, 5%
  • Audit Engagements, 5%
  • Risk Assessments, 4%

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