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The differences between inspectors general and internal auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an internal auditor has an average salary of $63,013, which is higher than the $48,026 average annual salary of an inspector general.
The top three skills for an inspector general include IG, OIG and DOD. The most important skills for an internal auditor are CPA, risk management, and SOX.
| Inspector General | Internal Auditor | |
| Yearly salary | $48,026 | $63,013 |
| Hourly rate | $23.09 | $30.29 |
| Growth rate | -3% | 6% |
| Number of jobs | 58,208 | 25,571 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 75% |
| Average age | 45 | 44 |
| Years of experience | - | - |
An inspector general is responsible for doing audit reports and inspections to ensure that no possible fraud, misconduct, corruption, or power abuse in the government or private sector occurs. Their role is to monitor and inspect the agencies' effectiveness, assess possible mismanagement of a company, and improve the economy. Also, they usually conduct and review audit reports or investigations to ensure an agency's compliance to the policies and guidelines.
An internal auditor is an individual who takes responsibility for crucial accounting functions in an organization. Internal auditors have trusted consultants who advise upper management on how to handle corporate goals and risks. They review the business operations and processes of organizations. They have to assess the efficacy of the company's risk management procedures. They are expected to have superb communication skills, IT knowledge, and math aptitude. Also, they help protect the organization from potential theft and fraud of its assets.
Inspectors general and internal auditors have different pay scales, as shown below.
| Inspector General | Internal Auditor | |
| Average salary | $48,026 | $63,013 |
| Salary range | Between $30,000 And $74,000 | Between $45,000 And $86,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Connecticut | New York |
| Best paying company | MKP Capital Management | Meta |
| Best paying industry | Government | Manufacturing |
There are a few differences between an inspector general and an internal auditor in terms of educational background:
| Inspector General | Internal Auditor | |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 75% |
| Most common major | Business | Accounting |
| Most common college | - | University of Pennsylvania |
Here are the differences between inspectors general' and internal auditors' demographics:
| Inspector General | Internal Auditor | |
| Average age | 45 | 44 |
| Gender ratio | Male, 69.2% Female, 30.8% | Male, 54.6% Female, 45.4% |
| Race ratio | Black or African American, 13.0% Unknown, 4.9% Hispanic or Latino, 17.2% Asian, 8.3% White, 55.8% American Indian and Alaska Native, 0.8% | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.9% White, 63.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 4% | 7% |