Contractor auditor vs auditor

The differences between contractor auditors and 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 $44,024 average annual salary of a contractor auditor.

The top three skills for a contractor auditor include audit reports, CPA and GAAP. The most important skills for an auditor are audit reports, customer service, and financial statements.

Contractor auditor vs auditor overview

	Contractor Auditor	Auditor
Yearly salary	$44,024	$54,853
Hourly rate	$21.17	$26.37
Growth rate	6%	6%
Number of jobs	29,170	20,325
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 55%
Average age	44	44
Years of experience	-	-

Contractor auditor vs auditor salary

Contractor auditors and auditors have different pay scales, as shown below.

	Contractor Auditor	Auditor
Average salary	$44,024	$54,853
Salary range	Between $26,000 And $74,000	Between $35,000 And $84,000
Highest paying City	-	Washington, DC
Highest paying state	-	New Jersey
Best paying company	-	Microsoft
Best paying industry	-	Professional

Differences between contractor auditor and auditor education

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

	Contractor Auditor	Auditor
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 55%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Contractor auditor vs auditor demographics

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

	Contractor Auditor	Auditor
Average age	44	44
Gender ratio	Male, 45.6% Female, 54.4%	Male, 44.9% Female, 55.1%
Race ratio	Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.5% American Indian and Alaska Native, 0.5%	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	7%	7%

Differences between contractor auditor and auditor duties and responsibilities

Contractor auditor example responsibilities.

Plan and conduct operational and financial audits to assure financial statements are fairly present in alignment with GAAP.
File and follow up on healthcare claim appeals.
Audit work are performed on-site at Clifton Gunderson, LLP CPA firm
Review results of third party SoX testers and coordinate documentation of results.
Claim audit consist of review of accurate ICD9, CPT and HCPCS coding.
Create quick reference database tool for Medicaid policies, procedures and rules per state.

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.

Contractor auditor vs auditor skills

Common contractor auditor skills

Audit Reports, 23%
CPA, 16%
GAAP, 15%
Financial Statements, 6%
Internal Controls, 4%
Audit Findings, 3%

Common auditor skills

Audit Reports, 18%
Customer Service, 8%
Financial Statements, 6%
Audit Findings, 5%
Audit Procedures, 5%
Payroll, 5%