Internal audit internship vs account auditor

The differences between internal audit interns and account auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an account auditor has an average salary of $76,369, which is higher than the $30,264 average annual salary of an internal audit internship.

The top three skills for an internal audit internship include internal audit, data analytics and SOX. The most important skills for an account auditor are audit reports, reconciliations, and CPA.

Internal audit internship vs account auditor overview

	Internal Audit Internship	Account Auditor
Yearly salary	$30,264	$76,369
Hourly rate	$14.55	$36.72
Growth rate	6%	6%
Number of jobs	62,780	89,144
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 68%
Average age	44	44
Years of experience	-	-

What does an internal audit internship do?

An internal audit intern is responsible for performing administrative and clerical duties as needed for the financial department under the supervision of tenured staff or a direct manager. Internal audit interns shadow staff on analyzing and preparing documents, familiarizing office operations, writing financial reports, verifying account statements, and escalating financial discrepancies to management for immediate resolution. An internal audit intern must be detail-oriented, as well as possess excellent analytical and organizational skills to handle tasks efficiently and spot audit inconsistencies.

What does an account auditor do?

The account auditor is the person tasked to conduct audits in sales accounts handled by the company. As with an auditor, this person checks all financial statements, investigates each entry, making sure everything is accounted for correctly. The auditor checks all receivables, attachments, and liquidation to ensure the financial report is accurate, which is vital for strategies that affect company expenses, calculate revenue, gains, and losses, and use those information to file taxes.

Internal audit internship vs account auditor salary

Internal audit interns and account auditors have different pay scales, as shown below.

	Internal Audit Internship	Account Auditor
Average salary	$30,264	$76,369
Salary range	Between $12,000 And $71,000	Between $53,000 And $109,000
Highest paying City	New York, NY	Washington, DC
Highest paying state	New York	New York
Best paying company	MDU Resources	Apple
Best paying industry	Energy	Professional

Differences between internal audit internship and account auditor education

There are a few differences between an internal audit internship and an account auditor in terms of educational background:

	Internal Audit Internship	Account Auditor
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 68%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Internal audit internship vs account auditor demographics

Here are the differences between internal audit interns' and account auditors' demographics:

	Internal Audit Internship	Account Auditor
Average age	44	44
Gender ratio	Male, 50.7% Female, 49.3%	Male, 39.6% Female, 60.4%
Race ratio	Black or African American, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.5% White, 59.6% American Indian and Alaska Native, 0.5%	Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between internal audit internship and account auditor duties and responsibilities

Internal audit internship example responsibilities.

Test Sarbanes-Oxley controls for institutional billing, wholesaler incentive compensation, retail manage account revenue, and journal entry processing.
Review management's SOX testing, identify exceptions and communicate to management.
Perform basic bookkeeping, keeping accurate track of numerous transactions per GAAP standards.
Perform substantive testing of revenue, purchases, and payments in order to evaluate accuracy and compliance with GAAP.
Gather audit evidence/supporting documentation for the SOX compliance audit.
Document internal controls, conduct financial statement analysis, and perform daily tasks on Sarbanes-Oxley testing.

Account auditor example responsibilities.

Ensure all working files and relate supporting documents meet SOX compliance and audit trail requirement
Work in a small team, ensure SOX compliance and GAAP/SEC/FASB reporting guidelines are adhered to.
Perform monthly accounting services, prepare quarterly/yearly payroll tax reports.
Administer processing of payroll and compliance with federal/state tax reporting requirements.
Review and analyze Medicaid cost report data to determine Medicaid reimbursement.
Verify accounts and prepares statements for private pay residents and Medicaid long-term care eligibility.

Internal audit internship vs account auditor skills

Common internal audit internship skills

Internal Audit, 22%
Data Analytics, 8%
SOX, 5%
Patients, 5%
Sarbanes-Oxley, 4%
Risk Management, 4%

Common account auditor skills

Audit Reports, 19%
Reconciliations, 6%
CPA, 6%
Internal Controls, 6%
Audit Procedures, 6%
Payroll, 5%

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Internal Audit Internship
Internal Audit Internship vs Account Auditor

Updated January 8, 2025

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