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Corporate auditor vs audit specialist

The differences between corporate auditors and audit specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a corporate auditor has an average salary of $64,501, which is higher than the $58,291 average annual salary of an audit specialist.

The top three skills for a corporate auditor include internal controls, internal audit and risk assessments. The most important skills for an audit specialist are audit reports, patients, and customer service.

Corporate auditor vs audit specialist overview

Corporate AuditorAudit Specialist
Yearly salary$64,501$58,291
Hourly rate$31.01$28.02
Growth rate6%6%
Number of jobs29,76540,071
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 55%
Average age4444
Years of experience--

What does a corporate auditor do?

Corporate auditors access corporate accounting systems to examine their accounting books and financial statements. These auditors ensure that all transactions made by these corporations comply with all laws and regulations. When employed by a company, these auditors periodically check for mismanagement and fraud indicators in their books to suggest what actions they can do to increase their income. There are skills that auditors need to have to perform their job properly, like having analytical skills, business acumen, and general IT knowledge aside from having good communication skills.

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.

Corporate auditor vs audit specialist salary

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

Corporate AuditorAudit Specialist
Average salary$64,501$58,291
Salary rangeBetween $46,000 And $88,000Between $34,000 And $99,000
Highest paying CityBoston, MASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyState StreetSAP
Best paying industryAutomotiveProfessional

Differences between corporate auditor and audit specialist education

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

Corporate AuditorAudit Specialist
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 55%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Corporate auditor vs audit specialist demographics

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

Corporate AuditorAudit Specialist
Average age4444
Gender ratioMale, 61.7% Female, 38.3%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 corporate auditor and audit specialist duties and responsibilities

Corporate auditor example responsibilities.

  • Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
  • Complete SOX testing procedures at corporate headquarters informing management regarding results.
  • Research GAAP to determine if record transactions are in accordance with GAAP.
  • Handle ACH transfers, including transfers for payroll and accounts payable accounts; orchestrate direct deposit payrolls.
  • Play a key role in the design and implementation of a new billing system for payroll processing centers.
  • Perform Sarbanes-Oxley planning and testing.
  • 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

Corporate auditor vs audit specialist skills

Common corporate auditor skills
  • Internal Controls, 8%
  • Internal Audit, 8%
  • Risk Assessments, 7%
  • Compliance Audits, 7%
  • Audit Findings, 5%
  • SOX, 5%
Common audit specialist skills
  • Audit Reports, 11%
  • Patients, 8%
  • Customer Service, 7%
  • Internal Audit, 6%
  • Audit Findings, 5%
  • Process Improvement, 4%

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