Income auditor vs inventory auditor

The differences between income auditors and inventory auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an income auditor has an average salary of $47,903, which is higher than the $33,666 average annual salary of an inventory auditor.

The top three skills for an income auditor include general ledger, front desk and financial reports. The most important skills for an inventory auditor are customer service, basic math, and sales floor.

Income auditor vs inventory auditor overview

	Income Auditor	Inventory Auditor
Yearly salary	$47,903	$33,666
Hourly rate	$23.03	$16.19
Growth rate	6%	6%
Number of jobs	18,227	37,887
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 38%
Average age	44	44
Years of experience	-	-

Income auditor vs inventory auditor salary

Income auditors and inventory auditors have different pay scales, as shown below.

	Income Auditor	Inventory Auditor
Average salary	$47,903	$33,666
Salary range	Between $30,000 And $76,000	Between $26,000 And $42,000
Highest paying City	-	New York, NY
Highest paying state	-	Alaska
Best paying company	-	BD
Best paying industry	-	Technology

Differences between income auditor and inventory auditor education

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

	Income Auditor	Inventory Auditor
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 38%
Most common major	Accounting	Business
Most common college	University of Southern California	University of Pennsylvania

Income auditor vs inventory auditor demographics

Here are the differences between income auditors' and inventory auditors' demographics:

	Income Auditor	Inventory Auditor
Average age	44	44
Gender ratio	Male, 44.0% Female, 56.0%	Male, 53.3% Female, 46.7%
Race ratio	Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 63.9% American Indian and Alaska Native, 0.5%	Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between income auditor and inventory auditor duties and responsibilities

Income auditor example responsibilities.

Contribute by seamlessly managing A/R process for a month due to employee illness.
Report and disclose any variance on the POS's.
Prepare the daily food & beverage journals from POS system reports.
Process payroll and issue exception reports to department managers.
Transmit payroll information in a timely and efficient manner.
Reduce transaction time and improve Sarbanes-Oxley compliance by developing and implementing new, improve processes for identifying and eliminating obsolete inventory.

Inventory auditor example responsibilities.

Manage the collection, analysis and verification of managerial payroll information to detect fraud and/or unethical practices.
Process price adjustments, correct inventory in the AS400 system.
Perform research in WMS, and report problem and perform final confirmation of correction.
Perform daily warehouse audits using AS400 verifying product quantity, location, and shipping information.
Travel to different stores and take account of store's inventory using a microcomputer and a RF scanner.
Inventory merchandise with the use of the RF system, audit trailers, investigate and communicate discrepancies and cycle count merchandise.

Income auditor vs inventory auditor skills

Common income auditor skills

General Ledger, 12%
Front Desk, 10%
Financial Reports, 9%
Payroll, 7%
Cash Handling, 7%
Reconciliations, 6%

Common inventory auditor skills

Customer Service, 22%
Basic Math, 20%
Sales Floor, 7%
Inventory Audits, 7%
Computer Data, 6%
Organizational Effectiveness, 6%