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Revenue auditor vs internal audit director

The differences between revenue auditors and internal audit directors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an internal audit director has an average salary of $129,717, which is higher than the $41,905 average annual salary of a revenue auditor.

The top three skills for a revenue auditor include revenue audit, CPT and audit procedures. The most important skills for an internal audit director are CPA, internal controls, and risk management.

Revenue auditor vs internal audit director overview

Revenue AuditorInternal Audit Director
Yearly salary$41,905$129,717
Hourly rate$20.15$62.36
Growth rate6%6%
Number of jobs21,64325,537
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 77%
Average age4444
Years of experience--

What does a revenue auditor do?

A revenue auditor reads through the organization's finances and records revenue derived from the sale of goods and services. They then create reports indicating all their calculations and recommendations to ensure the organization runs effectively and makes a profit. Their duties and responsibilities include preparing a detailed report on the organization's finances and offering recommendations. Auditors also report cases of fraud or misuse of funds.

What does an internal audit director do?

An internal audit director is in charge of spearheading and overseeing the auditing procedures in an organization, ensuring accuracy and efficiency. Among their responsibilities include setting goals and objectives, managing budgets and timelines, gathering and analyzing the organization's financial data, supervising staff, and developing strategies to optimize procedures. They may also liaise with internal and external agencies, perform audits, and address issues and concerns, investigating and resolving them promptly and efficiently. Moreover, as a director, it is essential to lead and encourage the workforce to reach goals, all while enforcing the organization's policies and regulations.

Revenue auditor vs internal audit director salary

Revenue auditors and internal audit directors have different pay scales, as shown below.

Revenue AuditorInternal Audit Director
Average salary$41,905$129,717
Salary rangeBetween $26,000 And $66,000Between $83,000 And $200,000
Highest paying CityOlympia, WAAlbany, NY
Highest paying stateWashingtonNew York
Best paying companyHuntington HospitalCiti
Best paying industryRetailRetail

Differences between revenue auditor and internal audit director education

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

Revenue AuditorInternal Audit Director
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Revenue auditor vs internal audit director demographics

Here are the differences between revenue auditors' and internal audit directors' demographics:

Revenue AuditorInternal Audit Director
Average age4444
Gender ratioMale, 39.4% Female, 60.6%Male, 72.5% Female, 27.5%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.5% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between revenue auditor and internal audit director duties and responsibilities

Revenue auditor example responsibilities.

  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Respond both written and oral to taxpayer's appeals regardingadjustments and assessments to their income tax returns and/or estimate tax accounts.
  • Work with revenue integrity, case management, and coding to ensure proper billing and appeals.
  • Perform audits on hospitals participating in Medicaid program to ensure the hospitals are reimburse properly for services render to Medicaid beneficiaries.
  • Develop user documentation, including SAAS reference manuals and training material.

Internal audit director example responsibilities.

  • Implement COSO framework to achieve objectives relate to financial reporting, regulatory compliance, and operational effectiveness and efficiency.
  • Manage Sarbanes-Oxley implementation and internal audit outsourcing and co-sourcing activities for clients in multiple industries including financial services and manufacturing companies.
  • Develop internal audit risk assessments base on COSO internal control framework.
  • Establish internal quality control standards which enable maximum SOX reliance strategy by external auditors resulting in reduce external audit fees.
  • Review detailed work papers and reports in accordance with the department and IIA standards.
  • Establish compliance program which include all internal company investigations and ethics training for all employees.
  • Show more

Revenue auditor vs internal audit director skills

Common revenue auditor skills
  • Revenue Audit, 19%
  • CPT, 7%
  • Audit Procedures, 5%
  • Data Entry, 5%
  • Appeals, 4%
  • Financial Statements, 4%
Common internal audit director skills
  • CPA, 9%
  • Internal Controls, 8%
  • Risk Management, 7%
  • Audit Reports, 5%
  • SOX, 5%
  • Audit Committee, 4%

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