Contractor auditor vs staff auditor

The differences between contractor auditors and staff auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a staff auditor has an average salary of $55,431, 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 a staff auditor are audit procedures, CPA, and internal audit.

Contractor auditor vs staff auditor overview

	Contractor Auditor	Staff Auditor
Yearly salary	$44,024	$55,431
Hourly rate	$21.17	$26.65
Growth rate	6%	6%
Number of jobs	29,170	91,268
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 82%
Average age	44	44
Years of experience	-	-

Contractor auditor vs staff auditor salary

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

	Contractor Auditor	Staff Auditor
Average salary	$44,024	$55,431
Salary range	Between $26,000 And $74,000	Between $43,000 And $70,000
Highest paying City	-	Washington, DC
Highest paying state	-	Alaska
Best paying company	-	Signature Bank
Best paying industry	-	Professional

Differences between contractor auditor and staff auditor education

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

	Contractor Auditor	Staff Auditor
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 82%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Contractor auditor vs staff auditor demographics

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

	Contractor Auditor	Staff Auditor
Average age	44	44
Gender ratio	Male, 45.6% Female, 54.4%	Male, 59.3% Female, 40.7%
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, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 13.3% White, 62.5% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between contractor auditor and staff 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.

Staff auditor example responsibilities.

Manage accounting operations, accounting close, account reporting and reconciliations for internal corporate and bank transactions.
Review consolidated GAAP financial statements, inter-company eliminations and fluctuations between budget verses actual results.
Ensure engagements are in compliance with generally accept accounting principles (GAAP) and generally accept auditing standards (GAAS).
Conduct financial audits in accordance with GAAS to establish compliance with policies and procedures and to determine effectiveness of internal controls.
Collaborate closely with clients by educating them on new opportunities and conduct tax research and planning; train clients on QuickBooks.
Collaborate with the quality department in authoring ISO procedures for manufacturing engineering; key contributor on quality and ISO auditing teams.

Contractor auditor vs staff auditor skills

Common contractor auditor skills

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

Common staff auditor skills

Audit Procedures, 12%
CPA, 12%
Internal Audit, 7%
Audit Reports, 5%
Audit Findings, 5%
Compliance Audits, 4%