Audit Specialist Salary

Audit Specialists in the United States take home an average $50K per year. Female Audit Specialists are more common than men among those who completed the survey; more than half (62 percent) are women. For the most part, Audit Specialists enjoy their work and report high levels of job satisfaction. A large number claim medical and dental insurance and more than half get vision coverage. This report is based on responses to the PayScale salary survey.
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$37,384 - $87,711
(Median)
$37K
$50K
$88K
MEDIAN: $49,745
10%
50%
90%

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$11.75 - $22.08
(Median)
$12
$17
$22
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Salary
$37,384 - $87,711  
   
Bonus
$0.00 - $6,113  
Profit Sharing
$983  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,469 - $82,435  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 110
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$11.75 - $22.08  
   
Overtime
$0.00 - $28.86  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$0.00 - $6,113  
   
Profit Sharing
$983  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,469 - $82,435  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 73
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Job Description for Audit Specialist

An audit specialist provides internal audit services to a company to ensure that various departments are adhering to company guidelines and legal requirements. The audit specialist must have proficient computer skills, as creating reports is often required. The audit specialist must carry out audits in an objective manner and must be familiar with company operations and products. Often, a software program is used in this process and to detect anomalies.

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Audit Specialist Tasks

  • Assist with month end closing, including reports and explanations of variances.
  • Prepare and review financial statements and accounting entries.
  • Perform basic accounting, such as recording revenues and reconcile and audit daily cash.

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Popular Skills for Audit Specialist


Survey results show that Audit Specialists use a fair number of skills. Fortunate workers who know Internal Audit command much higher paychecks, scoring salaries 49 percent above average. At the other end of the pay range are skills like Auditing. Those educated in Microsoft Excel tend to be well versed in Microsoft Word.

Pay by Experience Level for Audit Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Someone who has worked for fewer than five years earns around $41K on average. Individuals with five to 10 years of experience don't get much more, though; the average income in this group is $46K. Audit Specialists see a median salary of $60K after reaching one to two decades on the job. Audit Specialists who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $89K.

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Experience Affects Audit Specialist Salaries

Late-Career
up arrow 106%



National Average
$43,000


Skills That Affect Audit Specialist Salaries

Internal Audit
up arrow 49%

Microsoft Excel
0%

Microsoft Word
0%

National Average
$43,000

Microsoft Office
up arrow 1%

Auditing
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 35 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
9%
1-4 years
40%
5-9 years
27%
10-19 years
18%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 80%
medical benefits
Vision: 70%
dental benefits
None: 15%
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