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The differences between compliance specialists and audit specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, an audit specialist has an average salary of $58,291, which is higher than the $57,330 average annual salary of a compliance specialist.
The top three skills for a compliance specialist include patients, regulatory compliance and strong analytical. The most important skills for an audit specialist are audit reports, patients, and customer service.
| Compliance Specialist | Audit Specialist | |
| Yearly salary | $57,330 | $58,291 |
| Hourly rate | $27.56 | $28.02 |
| Growth rate | 6% | 6% |
| Number of jobs | 34,610 | 40,071 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 55% |
| Average age | 46 | 44 |
| Years of experience | - | - |
The role of compliance specialists is to ensure that companies comply with relevant industry standards and regulations. Their duties may vary depending on the industry they work in, such as healthcare or banking. Tasks include reviewing their company's business practices to ensure they follow specific regulations, resolving compliance issues that may arise, and being up-to-date with regulatory changes. As a compliance specialist, you should have industry expertise, in-depth knowledge of regulations, and auditing skills.
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 specialists and audit specialists have different pay scales, as shown below.
| Compliance Specialist | Audit Specialist | |
| Average salary | $57,330 | $58,291 |
| Salary range | Between $38,000 And $85,000 | Between $34,000 And $99,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Delaware | California |
| Best paying company | Meta | SAP |
| Best paying industry | Pharmaceutical | Professional |
There are a few differences between a compliance specialist and an audit specialist in terms of educational background:
| Compliance Specialist | Audit Specialist | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | Harvard University | University of Pennsylvania |
Here are the differences between compliance specialists' and audit specialists' demographics:
| Compliance Specialist | Audit Specialist | |
| Average age | 46 | 44 |
| Gender ratio | Male, 38.4% Female, 61.6% | Male, 33.7% Female, 66.3% |
| Race ratio | Black or African American, 10.9% Unknown, 4.5% Hispanic or Latino, 15.7% Asian, 8.2% White, 59.8% American Indian and Alaska Native, 0.8% | 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 Percentage | 12% | 7% |