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Internal audit internship vs quality assurance auditor

The differences between internal audit interns and quality assurance auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a quality assurance auditor has an average salary of $77,535, 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 a quality assurance auditor are patients, ISO, and clinical trials.

Internal audit internship vs quality assurance auditor overview

Internal Audit InternshipQuality Assurance Auditor
Yearly salary$30,264$77,535
Hourly rate$14.55$37.28
Growth rate6%6%
Number of jobs62,78079,931
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 55%
Average age4444
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 a quality assurance auditor do?

Quality assurance (QA) analysts are responsible for testing company products and processes. Through testing, QA analysts ensure that the product or process is ready for production. They check whether the process meets company standards and guidelines, as well as any standards related to the industry they are in. QA analysts are in charge of determining the root cause of any problems that they may encounter. They also try to solve these as soon as possible. They also ensure that the company's products meet user expectations as well as the company's brand promise.

Internal audit internship vs quality assurance auditor salary

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

Internal Audit InternshipQuality Assurance Auditor
Average salary$30,264$77,535
Salary rangeBetween $12,000 And $71,000Between $49,000 And $122,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyMDU ResourcesRegeneron
Best paying industryEnergyPharmaceutical

Differences between internal audit internship and quality assurance auditor education

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

Internal Audit InternshipQuality Assurance Auditor
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 55%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Internal audit internship vs quality assurance auditor demographics

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

Internal Audit InternshipQuality Assurance Auditor
Average age4444
Gender ratioMale, 50.7% Female, 49.3%Male, 46.0% Female, 54.0%
Race ratioBlack 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, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 63.8% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between internal audit internship and quality assurance 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.
  • Show more

Quality assurance auditor example responsibilities.

  • Manage post-audit activities and follow-up s on any necessary CAPA require resolving majority of deviations/investigations.
  • Lead cross functional project team to build user-friendly windows base customer support applications which interface with the OmniPlan/OmniPlus mainframe application.
  • Analyze and underwrite VA and FHA loans according to FNMA, FHLMC, regulatory and bank underwriting guidelines.
  • Educate staff and officers of third party lending partners on procedures and requirements for FHA, VA and USDA home loans.
  • Ensure loan documents are compliant with RESPA TILA guidelines.
  • Prepare correspondence; including TILA and RESPA disclosures, responding to OFAC queries and other OFAC relate matters.
  • Show more

Internal audit internship vs quality assurance auditor skills

Common internal audit internship skills
  • Internal Audit, 22%
  • Data Analytics, 8%
  • SOX, 5%
  • Patients, 5%
  • Sarbanes-Oxley, 4%
  • Risk Management, 4%
Common quality assurance auditor skills
  • Patients, 10%
  • ISO, 7%
  • Clinical Trials, 5%
  • FDA, 5%
  • Quality Assurance Audits, 5%
  • GMP, 4%

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