Senior assurance vs internal auditor

The differences between senior assurances and internal auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior assurance has an average salary of $76,769, which is higher than the $63,013 average annual salary of an internal auditor.

The top three skills for a senior assurance include risk assessments, account balances and audit reports. The most important skills for an internal auditor are CPA, risk management, and SOX.

Senior assurance vs internal auditor overview

	Senior Assurance	Internal Auditor
Yearly salary	$76,769	$63,013
Hourly rate	$36.91	$30.29
Growth rate	6%	6%
Number of jobs	38,612	25,571
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 75%
Average age	44	44
Years of experience	-	-

Senior assurance vs internal auditor salary

Senior assurances and internal auditors have different pay scales, as shown below.

	Senior Assurance	Internal Auditor
Average salary	$76,769	$63,013
Salary range	Between $56,000 And $104,000	Between $45,000 And $86,000
Highest paying City	Washington, DC	Washington, DC
Highest paying state	New Jersey	New York
Best paying company	Mitchell & Associates	Meta
Best paying industry	Professional	Manufacturing

Differences between senior assurance and internal auditor education

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

	Senior Assurance	Internal Auditor
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 75%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Senior assurance vs internal auditor demographics

Here are the differences between senior assurances' and internal auditors' demographics:

	Senior Assurance	Internal Auditor
Average age	44	44
Gender ratio	Male, 64.6% Female, 35.4%	Male, 54.6% Female, 45.4%
Race ratio	Black or African American, 7.7% Unknown, 3.9% Hispanic or Latino, 10.0% Asian, 17.6% White, 60.4% American Indian and Alaska Native, 0.5%	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%
LGBT Percentage	7%	7%

Differences between senior assurance and internal auditor duties and responsibilities

Senior assurance example responsibilities.

Lead internal control reviews for an internationally own agriculture manufacturing company focuse on the inventory and payroll areas.
Review internal controls and financial reporting to ensure compliance with Sarbanes-Oxley (SOX) requirements.
Test design and operating effectiveness of internal controls for integrate audits under Sarbanes Oxley (SOX).
Test Sarbanes-Oxley compliance, including identification, documentation, and evaluation of the design and operational effectiveness of internal controls.
Prepare financial statements and the accompanying footnote disclosures in accordance with FASB pronouncements.

Internal auditor example responsibilities.

Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
Conduct complex performance audits, fraud investigations, special projects and routine follow-up reviews in accordance with IIA standards.
Perform tests of critical controls in compliance with Sarbanes-Oxley legislation and report results utilizing company compliance tool to validate SOX checklist.
Develop company FDA policy & procedures for liquid oxygen small bulk delivery vessels.
Perform planning, compliance testing, substantive analysis and testing in accordance with GAAS.

Senior assurance vs internal auditor skills

Common senior assurance skills

Risk Assessments, 13%
Account Balances, 12%
Audit Reports, 11%
Internal Audit, 9%
Staff Performance, 8%
Client Management, 8%

Common internal auditor skills

CPA, 8%
Risk Management, 5%
SOX, 5%
Audit Findings, 5%
Audit Procedures, 5%
Internal Audit Function, 5%