Internal audit internship vs auditor supervisor

The differences between internal audit interns and auditor supervisors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an auditor supervisor has an average salary of $83,876, 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 auditor supervisor are audit reports, CPA, and excellent interpersonal.

Internal audit internship vs auditor supervisor overview

	Internal Audit Internship	Auditor Supervisor
Yearly salary	$30,264	$83,876
Hourly rate	$14.55	$40.33
Growth rate	6%	6%
Number of jobs	62,780	25,114
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 auditor supervisor do?

An auditor supervisor is a financial professional who manages a staff of audit professionals and controls consulting engagements that evaluate the management and operating practices of a corporate. This supervisor is required to supervise audit planning and fieldwork as well as communicates findings and recommendations to senior management. To ensure that audit staff follows the department's methodology, the supervisor must supervise the audit staff and review their automated audit work papers. The supervisor must also ensure that reviews are following the standards of the corporate audit department and the Institute of Internal Auditors (IIA).

Internal audit internship vs auditor supervisor salary

Internal audit interns and auditor supervisors have different pay scales, as shown below.

	Internal Audit Internship	Auditor Supervisor
Average salary	$30,264	$83,876
Salary range	Between $12,000 And $71,000	Between $60,000 And $116,000
Highest paying City	New York, NY	Washington, DC
Highest paying state	New York	New York
Best paying company	MDU Resources	Western Alliance Bank
Best paying industry	Energy	Finance

Differences between internal audit internship and auditor supervisor education

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

	Internal Audit Internship	Auditor Supervisor
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 auditor supervisor demographics

Here are the differences between internal audit interns' and auditor supervisors' demographics:

	Internal Audit Internship	Auditor Supervisor
Average age	44	44
Gender ratio	Male, 50.7% Female, 49.3%	Male, 56.1% Female, 43.9%
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, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.6% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between internal audit internship and auditor supervisor 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.

Auditor supervisor example responsibilities.

Collaborate extensively with external accountants to achieve all SOX compliance targets.
Complete monthly, quarterly and annual bank reconciliations for 45 small and medium companies.
Provide daily cash availability and forecasting as well as ABLC monthly bank reconciliations and reports.
Monitor and ensure compliance with generally accept accounting procedures (GAAP) and auditing standards (GAAS).
Review of client's compliance with generally accept accounting principles and auditing standards (GAAP and GAAS).
Maintain employee attendance, productivity and accounting for payroll scheduling.

Internal audit internship vs auditor supervisor skills

Common internal audit internship skills

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

Common auditor supervisor skills

Audit Reports, 19%
CPA, 8%
Excellent Interpersonal, 7%
Audit Results, 5%
Internal Audit, 5%
Business Processes, 4%

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Internal Audit Internship
Internal Audit Internship vs Auditor Supervisor

Updated January 8, 2025

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