Tax consultant vs auditor

The differences between tax consultants and auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax consultant has an average salary of $66,737, which is higher than the $54,853 average annual salary of an auditor.

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

Tax consultant vs auditor overview

	Tax Consultant	Auditor
Yearly salary	$66,737	$54,853
Hourly rate	$32.09	$26.37
Growth rate	6%	6%
Number of jobs	39,379	20,325
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 55%
Average age	47	44
Years of experience	-	-

What does a tax consultant do?

Tax consultants are experts in providing commercially centered tax advice and tax services to wide-ranging clients who function in all sectors of the economy. The work they do involves devising tax-efficient strategies for international and domestic-based clients in various business situations, including takeovers, company merges, and corporate reconstructions. They work continually to help clients ensure that the best business decisions are met. They also monitor and get ahead of possible changes concerning tax legislation and responding fast with guidance specific to their clients' tax requirements.

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 consultant vs auditor salary

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

	Tax Consultant	Auditor
Average salary	$66,737	$54,853
Salary range	Between $47,000 And $93,000	Between $35,000 And $84,000
Highest paying City	Hartford, CT	Washington, DC
Highest paying state	Rhode Island	New Jersey
Best paying company	Cargill	Microsoft
Best paying industry	Finance	Professional

Differences between tax consultant and auditor education

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

	Tax Consultant	Auditor
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 55%
Most common major	Accounting	Accounting
Most common college	University of Southern California	University of Pennsylvania

Tax consultant vs auditor demographics

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

	Tax Consultant	Auditor
Average age	47	44
Gender ratio	Male, 52.7% Female, 47.3%	Male, 44.9% Female, 55.1%
Race ratio	Black or African American, 10.5% Unknown, 4.1% Hispanic or Latino, 17.0% Asian, 10.4% White, 57.6% 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 Percentage	8%	7%

Differences between tax consultant and auditor duties and responsibilities

Tax consultant example responsibilities.

Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
Maintain and generate the process of structuring and conducting business transactions to ensure that GAAP procedures are followed.
Develop, maintain, and ensure accounting policies and procedures are in accordance with company member agreements & GAAP.
Prepare returns and consult on tax and accounting issues for own clients as well as contract work for other CPA firms.
Work closely with CPA on data verification and documentations processing.
Save customers thousands of dollars on Mexico-U.S. cross-border taxation advisory.

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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.

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Tax consultant vs auditor skills

Common tax consultant skills

CPA, 13%
Tax Planning, 7%
Tax Issues, 6%
Taxation, 6%
Tax Research, 5%
Income Tax Returns, 5%

Common auditor skills

Audit Reports, 18%
Customer Service, 8%
Financial Statements, 6%
Audit Findings, 5%
Audit Procedures, 5%
Payroll, 5%

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Updated January 8, 2025

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