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Tax professional vs account auditor

The differences between tax professionals and account auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an account auditor has an average salary of $76,369, which is higher than the $60,241 average annual salary of a tax professional.

The top three skills for a tax professional include strong customer service, customer service and individual tax returns. The most important skills for an account auditor are audit reports, reconciliations, and CPA.

Tax professional vs account auditor overview

Tax ProfessionalAccount Auditor
Yearly salary$60,241$76,369
Hourly rate$28.96$36.72
Growth rate-6%
Number of jobs82,35189,144
Job satisfaction4-
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 68%
Average age4744
Years of experience--

What does a tax professional do?

A tax professional is responsible for conducting tax procedures, ensuring that all tax documents are filed timely and accurately. Tax professionals review financial statements, verify adjustments, and resolve account discrepancies. They also handle financial reports and collate related account documents. A tax professional should be highly-communicative and analytical, especially on solving tax complexities, as well as preventing financial risks and excessive loss. A tax professional may also file for dispute on a case-to-case basis for any inaccuracies on tax statements.

What does an account auditor do?

The account auditor is the person tasked to conduct audits in sales accounts handled by the company. As with an auditor, this person checks all financial statements, investigates each entry, making sure everything is accounted for correctly. The auditor checks all receivables, attachments, and liquidation to ensure the financial report is accurate, which is vital for strategies that affect company expenses, calculate revenue, gains, and losses, and use those information to file taxes.

Tax professional vs account auditor salary

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

Tax ProfessionalAccount Auditor
Average salary$60,241$76,369
Salary rangeBetween $31,000 And $115,000Between $53,000 And $109,000
Highest paying CityManchester, NHWashington, DC
Highest paying stateRhode IslandNew York
Best paying companyIBMApple
Best paying industryGovernmentProfessional

Differences between tax professional and account auditor education

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

Tax ProfessionalAccount Auditor
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 68%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Tax professional vs account auditor demographics

Here are the differences between tax professionals' and account auditors' demographics:

Tax ProfessionalAccount Auditor
Average age4744
Gender ratioMale, 30.2% Female, 69.8%Male, 39.6% Female, 60.4%
Race ratioBlack or African American, 9.6% Unknown, 4.0% Hispanic or Latino, 18.8% Asian, 9.6% White, 57.5% American Indian and Alaska Native, 0.6%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage8%7%

Differences between tax professional and account auditor duties and responsibilities

Tax professional example responsibilities.

  • Advise clients on most efficient ways to manage, organize, and utilize proprietary data in FactSet's integrate platform.
  • Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
  • Answer phone, provide clients with immediate taxation information and up-today tax policy.
  • Provide professional taxation consulting services for taxpayers.
  • Assist and educate taxpayers regarding complicate IRS audit/examination processes.
  • Calculate and input information for depreciation assets in QuickBooks software.
  • Show more

Account auditor example responsibilities.

  • Ensure all working files and relate supporting documents meet SOX compliance and audit trail requirement
  • Work in a small team, ensure SOX compliance and GAAP/SEC/FASB reporting guidelines are adhered to.
  • Perform monthly accounting services, prepare quarterly/yearly payroll tax reports.
  • Administer processing of payroll and compliance with federal/state tax reporting requirements.
  • Review and analyze Medicaid cost report data to determine Medicaid reimbursement.
  • Verify accounts and prepares statements for private pay residents and Medicaid long-term care eligibility.
  • Show more

Tax professional vs account auditor skills

Common tax professional skills
  • Strong Customer Service, 25%
  • Customer Service, 16%
  • Individual Tax Returns, 11%
  • IRS, 6%
  • Taxable Income, 6%
  • State Tax Returns, 5%
Common account auditor skills
  • Audit Reports, 19%
  • Reconciliations, 6%
  • CPA, 6%
  • Internal Controls, 6%
  • Audit Procedures, 6%
  • Payroll, 5%

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