Post job

Auditor vs revenue auditor

The differences between auditors and revenue auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an auditor has an average salary of $54,853, which is higher than the $41,905 average annual salary of a revenue auditor.

The top three skills for an auditor include audit reports, customer service and financial statements. The most important skills for a revenue auditor are revenue audit, CPT, and audit procedures.

Auditor vs revenue auditor overview

AuditorRevenue Auditor
Yearly salary$54,853$41,905
Hourly rate$26.37$20.15
Growth rate6%6%
Number of jobs20,32521,643
Job satisfaction3-
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 53%
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 a revenue auditor do?

A revenue auditor reads through the organization's finances and records revenue derived from the sale of goods and services. They then create reports indicating all their calculations and recommendations to ensure the organization runs effectively and makes a profit. Their duties and responsibilities include preparing a detailed report on the organization's finances and offering recommendations. Auditors also report cases of fraud or misuse of funds.

Auditor vs revenue auditor salary

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

AuditorRevenue Auditor
Average salary$54,853$41,905
Salary rangeBetween $35,000 And $84,000Between $26,000 And $66,000
Highest paying CityWashington, DCOlympia, WA
Highest paying stateNew JerseyWashington
Best paying companyMicrosoftHuntington Hospital
Best paying industryProfessionalRetail

Differences between auditor and revenue auditor education

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

AuditorRevenue Auditor
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 53%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Auditor vs revenue auditor demographics

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

AuditorRevenue Auditor
Average age4444
Gender ratioMale, 44.9% Female, 55.1%Male, 39.4% Female, 60.6%
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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between auditor and revenue 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

Revenue auditor example responsibilities.

  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Respond both written and oral to taxpayer's appeals regardingadjustments and assessments to their income tax returns and/or estimate tax accounts.
  • Work with revenue integrity, case management, and coding to ensure proper billing and appeals.
  • Perform audits on hospitals participating in Medicaid program to ensure the hospitals are reimburse properly for services render to Medicaid beneficiaries.
  • Develop user documentation, including SAAS reference manuals and training material.

Auditor vs revenue auditor skills

Common auditor skills
  • Audit Reports, 18%
  • Customer Service, 8%
  • Financial Statements, 6%
  • Audit Findings, 5%
  • Audit Procedures, 5%
  • Payroll, 5%
Common revenue auditor skills
  • Revenue Audit, 19%
  • CPT, 7%
  • Audit Procedures, 5%
  • Data Entry, 5%
  • Appeals, 4%
  • Financial Statements, 4%

Browse business and financial jobs