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The differences between business advisors and auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business advisor has an average salary of $96,469, which is higher than the $54,853 average annual salary of an auditor.
The top three skills for a business advisor include customer service, project management and business operations. The most important skills for an auditor are audit reports, customer service, and financial statements.
| Business Advisor | Auditor | |
| Yearly salary | $96,469 | $54,853 |
| Hourly rate | $46.38 | $26.37 |
| Growth rate | 6% | 6% |
| Number of jobs | 125,154 | 20,325 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 55% |
| Average age | 44 | 44 |
| Years of experience | - | - |
Business Advisors are consultants responsible for implementing business strategies to improve financial and operational efficiency. They are involved in preparing financial budgets, recommending a change in the operational process, identifying new business opportunities, evaluating a marketing strategy, and reviewing supplier and labor contracts. Business advisors also help to manage risk by performing risk analysis and consumer behavioral analysis. They are involved in report preparation and work to maintain open communication with different departments to implement change.
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.
Business advisors and auditors have different pay scales, as shown below.
| Business Advisor | Auditor | |
| Average salary | $96,469 | $54,853 |
| Salary range | Between $67,000 And $138,000 | Between $35,000 And $84,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Amazon | Microsoft |
| Best paying industry | Technology | Professional |
There are a few differences between a business advisor and an auditor in terms of educational background:
| Business Advisor | Auditor | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 55% |
| Most common major | Business | Accounting |
| Most common college | Western Carolina University | University of Pennsylvania |
Here are the differences between business advisors' and auditors' demographics:
| Business Advisor | Auditor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 63.9% Female, 36.1% | Male, 44.9% Female, 55.1% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | 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 | 11% | 7% |