Post job

Compliance auditor vs audit specialist

The differences between compliance auditors and audit specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance auditor has an average salary of $64,606, which is higher than the $58,291 average annual salary of an audit specialist.

The top three skills for a compliance auditor include audit findings, compliance audits and audit reports. The most important skills for an audit specialist are audit reports, patients, and customer service.

Compliance auditor vs audit specialist overview

Compliance AuditorAudit Specialist
Yearly salary$64,606$58,291
Hourly rate$31.06$28.02
Growth rate6%6%
Number of jobs33,70440,071
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 55%
Average age4444
Years of experience--

What does a compliance auditor do?

A compliance auditor is responsible for reviewing the company's policies and procedures, ensuring the organization's adherence to state and federal regulations. Compliance auditors inspect the operations of each department, adjusting internal guidelines as needed. They also inspect the condition of all facilities, including tools and equipment, network systems, and business operations. A compliance auditor mitigates risks by analyzing the operational processes and conducting a risk assessment study to prevent compliance issues that may pose a negative effect on the company's performance and stability.

What does an audit specialist do?

An audit specialist is responsible for evaluating the reports by a professional auditor that will assist in improving the growth of the organization to achieve its goals and objectives. Audit specialists aid in the development of the company by using a systematic approach to reach the goals set by the company. Primary responsibilities include operating complex and difficult audit projects and conducting audits of control, financial, and other operating records. Also, they develop, implement distinct audit strategies, programs, and procedures for intricate assignments.

Compliance auditor vs audit specialist salary

Compliance auditors and audit specialists have different pay scales, as shown below.

Compliance AuditorAudit Specialist
Average salary$64,606$58,291
Salary rangeBetween $45,000 And $92,000Between $34,000 And $99,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyPayPalSAP
Best paying industryFinanceProfessional

Differences between compliance auditor and audit specialist education

There are a few differences between a compliance auditor and an audit specialist in terms of educational background:

Compliance AuditorAudit Specialist
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Compliance auditor vs audit specialist demographics

Here are the differences between compliance auditors' and audit specialists' demographics:

Compliance AuditorAudit Specialist
Average age4444
Gender ratioMale, 38.9% Female, 61.1%Male, 33.7% Female, 66.3%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5%Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between compliance auditor and audit specialist duties and responsibilities

Compliance auditor example responsibilities.

  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Identify any issues that do not conform to CFR, ICH guidelines and corporate expectations.
  • Research HIPAA information from CMS website in order to determine correct revisions for policies and procedures and develop company-wide communications.
  • Coordinate team meetings, maintain calendars, support team with PowerPoint presentations.
  • Prepare and perform in-house presentations (both in person and using JoinMe) using PowerPoint.
  • Evaluate the level of compliance with company policy, GAAP, contract requirements and applicable rules and regulations.
  • Show more

Audit specialist example responsibilities.

  • Manage vendor billing disputes for southwestern region from initiation to documentation of resolution while ensuring compliance with SOX guidelines.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Review and verify the submitted documentation for completeness to verify the company is in compliance with Sarbanes-Oxley (SOX).
  • Coordinate delivery of mortgage back securities with internal and external stakeholders.
  • Monitor and maintain automated report generation and distribution via Cognos NoticeCast.
  • Prepare monthly incentive payment and quarterly incentive bonus data for payroll department.
  • Show more

Compliance auditor vs audit specialist skills

Common compliance auditor skills
  • Audit Findings, 7%
  • Compliance Audits, 7%
  • Audit Reports, 6%
  • Audit Results, 4%
  • CPT, 4%
  • Compliance Program, 4%
Common audit specialist skills
  • Audit Reports, 11%
  • Patients, 8%
  • Customer Service, 7%
  • Internal Audit, 6%
  • Audit Findings, 5%
  • Process Improvement, 4%

Browse business and financial jobs