Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between internal auditors and inventory 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 $33,666 average annual salary of an inventory auditor.
The top three skills for an internal auditor include CPA, risk management and SOX. The most important skills for an inventory auditor are customer service, basic math, and sales floor.
| Internal Auditor | Inventory Auditor | |
| Yearly salary | $63,013 | $33,666 |
| Hourly rate | $30.29 | $16.19 |
| Growth rate | 6% | 6% |
| Number of jobs | 25,571 | 37,887 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 38% |
| Average age | 44 | 44 |
| Years of experience | - | - |
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.
Inventory auditors are responsible for creating and monitoring inventory reports as well as recording various products and stocks. Often, Inventory Auditor works full-time hours inside a warehouse and delivery company, business establishment, Malls, and other management company. The job also includes traveling to different locations and work with multiple industries. Counts the item stock's quantity and compares the inventory record to physical inventory to ensure that the number matches with the supply amount and there is no missing product.
Internal auditors and inventory auditors have different pay scales, as shown below.
| Internal Auditor | Inventory Auditor | |
| Average salary | $63,013 | $33,666 |
| Salary range | Between $45,000 And $86,000 | Between $26,000 And $42,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | New York | Alaska |
| Best paying company | Meta | BD |
| Best paying industry | Manufacturing | Technology |
There are a few differences between an internal auditor and an inventory auditor in terms of educational background:
| Internal Auditor | Inventory Auditor | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 38% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between internal auditors' and inventory auditors' demographics:
| Internal Auditor | Inventory Auditor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.6% Female, 45.4% | Male, 53.3% Female, 46.7% |
| Race ratio | 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% | 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% |