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Tax associate vs auditor

The differences between tax associates and auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax associate has an average salary of $62,466, which is higher than the $54,853 average annual salary of an auditor.

The top three skills for a tax associate include strong customer service, CPA and tax planning. The most important skills for an auditor are audit reports, customer service, and financial statements.

Tax associate vs auditor overview

Tax AssociateAuditor
Yearly salary$62,466$54,853
Hourly rate$30.03$26.37
Growth rate6%6%
Number of jobs42,01920,325
Job satisfaction-3
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 55%
Average age4744
Years of experience--

What does a tax associate do?

Tax associates are responsible for helping businesses and individuals with state and federal income tax preparation and compliance. These professionals often work for accounting firms and financial services companies. They perform varied tasks that include reviewing income statements, financial records, and expenditures, interviewing clients about income and expenses, and minimizing their clients' tax liability. Tax associates also conduct research on tax issues and assist with tax audits, advise clients on compensation and tax information, and maintain accurate and current client records.

What does an auditor do?

An auditor is responsible for reviewing financial statements and making sure that the reports align with the accounting principles and legislative standards. Some of the important duties of an auditor are verifying the company's account statements, ensuring that the business is free from fraud and other unusual activities, providing recommendations to boost operations' performance, and creating financial reports for the board. An auditor should have excellent analytical and decision-making skills to spot inaccuracies of financial statements and resolve financial issues immediately.

Tax associate vs auditor salary

Tax associates and auditors have different pay scales, as shown below.

Tax AssociateAuditor
Average salary$62,466$54,853
Salary rangeBetween $40,000 And $95,000Between $35,000 And $84,000
Highest paying CityLas Vegas, NVWashington, DC
Highest paying stateNevadaNew Jersey
Best paying companyRopes & GrayMicrosoft
Best paying industryFinanceProfessional

Differences between tax associate and auditor education

There are a few differences between a tax associate and an auditor in terms of educational background:

Tax AssociateAuditor
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 55%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Tax associate vs auditor demographics

Here are the differences between tax associates' and auditors' demographics:

Tax AssociateAuditor
Average age4744
Gender ratioMale, 36.4% Female, 63.6%Male, 44.9% Female, 55.1%
Race ratioBlack or African American, 9.6% Unknown, 4.0% Hispanic or Latino, 18.2% Asian, 10.2% White, 57.3% American Indian and Alaska Native, 0.6%Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.5% American Indian and Alaska Native, 0.5%
LGBT Percentage8%7%

Differences between tax associate and auditor duties and responsibilities

Tax associate example responsibilities.

  • Provide tax planning and preparation services for corporate, individual and high net-worth clients of this midsize CPA firm.
  • Implement process to identify and prepare the balances for W2 purposes at year end.
  • Prepare customer taxes from w-2's and other tax information, answer phones, print checks, filing
  • Resolve a major system problems with split process level errors so employee W2's and companies returns are correct.
  • Respond to inquiries from the IRS and other tax authorities regarding reconciliation of filings, liabilities, and other associate matters.
  • Advise clients on questions they have pertaining to their tax liabilities and ensure that they are compliant to the IRS regulations.
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Auditor example responsibilities.

  • Lead FDA readiness audits and participate in regulatory inspections.
  • Manage the collection, analysis and verification of managerial payroll information to detect fraud and/or unethical practices.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Perform semi-annual financial audits w/ externally contract CPA to validate accounts payable and receivables.
  • Develop and facilitate training for SOX process owners and other stakeholders using Microsoft PowerPoint.
  • Work efficiently and effectively with various process owners to develop SOX specific business processes and mating documentation controls.
  • Show more

Tax associate vs auditor skills

Common tax associate skills
  • Strong Customer Service, 26%
  • CPA, 13%
  • Tax Planning, 6%
  • Taxation, 5%
  • Tax Research, 4%
  • Local Tax Returns, 4%
Common auditor skills
  • Audit Reports, 18%
  • Customer Service, 8%
  • Financial Statements, 6%
  • Audit Findings, 5%
  • Audit Procedures, 5%
  • Payroll, 5%

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