Accountant vs. Auditor: What’s the Difference and Which Role Is Right for You?

Businesses rely on both accountants and auditors to create and review financial statements. The main difference between accountants vs. auditors is accountants focus on compiling financial data and crafting reports. On the other hand, auditors review financial information to ensure accuracy and compliance with regulations. 

In this guide, we’ll walk through the key differences between an accountant vs. auditor, including what kinds of companies they might work for, skill sets, and even personality types that might work well in each career path. Then, we’ll share a quick, fun quiz to help you decide which one is right for you — and how to land that role.

What Do Accountants Do?

An accountant manages financial data, but that job can include a variety of tasks, such as revising budgets, tracking sales performance, and mapping financial plans and goals. 

“A typical workday would include regular team meetings, reviewing and analyzing financial data, and preparing a workpaper or deliverable to share with management or stakeholders,” says Arianna Washington, CPA and senior associate at PwC. 

There are a few different types of accountants: 

• Certified public accountants (CPAs) are credentialed professionals who often work for accounting firms, reviewing financial data for governments, large corporations, and institutions. 
• Private accountants usually work in-house at a company managing the finances for their employer. 
• Certified management accountants (CMAs) focus on making business decisions based on financial data, like strategic financial planning for an organization. 

Auditors are also a type of accountant! 

Where Do They Work?

Ultimately, accountants can work in nearly any industry. For example, because public accountants handle accounting tasks for various client companies and institutions, they can be involved in a wide range of industries. 

“In my three and half years at PwC, I’ve had the opportunity to work on engagements with several different companies that span across the health, oil and gas, aerospace, banking and financial services, and entertainment industries,” says Washington.

Who Would Make a Good Accountant?

Because accountants work closely with numbers, ensuring they’re accurate, people who love math and are detail-oriented make great accountants. Accountants should be logical, dependable, and disciplined; people who like structure and clear-cut rules tend to thrive in these roles.

Of course, accountants do need specific hard skills to do their jobs well (more on those math skills needed later). However, to utilize those skills like financial reporting and bookkeeping, accountants need to be focused, reliable, and organized. Accounting is a great career path for someone who is good at keeping records and multi-tasking without missing a detail.

What Do Auditors Do?

As a type of accountant, auditors also work closely with financial data. However, an auditor is primarily a fact-checker — they review financial statements and reports to check for accuracy, completeness, and compliance. The process of reviewing these statements is called auditing.

>>MORE: Accelerate Your Career With the Top Audit Job Simulations on Forage 

Some tasks an auditor may handle include: 

• Checking that companies’ statements meet local, state, and federal tax regulations
• Ensuring transactions are recorded properly 
• Identifying fraud 
• Advising clients on ways to improve their reporting and recording processes 

Where Do They Work?

Auditors may work internally for a company reviewing statements and processes for their employer. Or, an auditor can work at an accounting firm, like KPMG, advising government, corporate, and institutional clients. 

Who Would Make a Good Auditor?

Like accounting, auditing requires a good amount of attention to detail to fact-check statements and processes. However, a good auditor also has a healthy sense of curiosity to investigate inconsistencies and get to the bottom of any errors. They also need stellar interpersonal skills to be able to communicate their findings, which can sometimes require uncomfortable conversations.

Auditors need expertise in auditing techniques and risk assessment (more on that later). To put that knowledge into practice, they need good problem-solving, time management, and communication skills: problem-solving and time management to get to the bottom of errors quickly and effectively; communication to then let the company know what they’ve found.

Auditor vs. Accountant Salaries

The U.S. Bureau of Labor Statistics (BLS) combines auditor and accountant salaries since auditors are essentially a subset of accountants. According to BLS data, accountants and auditors have an average annual salary of $90,780. However, it’s important to remember that compensation can vary greatly depending on the company, location, and experience level. 

Using pay estimates from Glassdoor, we can see how experience level affects both auditors and accountants. Although these two career paths are closely related, their specialized skills result in salary differences — auditors tend to make slightly more than accountants from early career through experienced professionals.

Experience Level	Auditor	Accountant
Early Career (<1 Year Experience)	$80,000	$71,000
Average for All Experience Levels	$89,000	$86,000
Experienced (>15 Years Experience)	$108,000	$93,000

>>MORE: Explore some of the highest-paying jobs in finance. 

Accountant vs. Auditor: Which One Should I Be?

How to Become an Accountant vs. Auditor

Becoming an accountant and auditor requires some formal education and certification, with slight differences in the hard skills needed for each role.

Education 

You typically need at least a bachelor’s degree to become an accountant or an auditor. Some schools offer specialized programs in accounting and auditing, but you don’t need a specific major for these careers. Coursework in finance, business, economics, or related fields can give you a great foundation in math and business structures. 

Many accountants and auditors seek out master’s degrees because an advanced degree can make them more marketable and help with passing exams for certain certifications, like the CPA exam. 

>>MORE: Learn how to choose an accounting career path. 

Certifications

If your goal is to work at a major accounting firm, like EY or Deloitte, you’ll need a CPA license. Both auditors and accountants can benefit from this certification, though. 

Washington notes that she’s seen benefits from pursuing a CPA license, including “being considered for leadership roles, higher salaries, flexibility in changing industries or roles and securing your career.”

Accountants have other certification options, too, such as the CMA designation for working in a more managerial and strategic accounting position.

Skills

Both successful accountants and auditors need hard skills like:

• In-depth understanding of generally accepted accounting principles (GAAP)
• Familiarity with financial statements, like cash flow statements
• Experience with accounting software, like Excel 
• Knowledge of local, state, and federal tax laws and regulations

“There are also human skills that are important in accounting, including written and verbal communication, critical thinking, problem-solving and time management,” says Washington.

An auditor also needs a deep understanding of the audit process, while accountants need to know specific formulas, like the accounting equation. 

>>MORE: Explore the skills accountants need on their resumes. 

Bottom Line: What’s the Difference?

Auditors and accountants have a lot of overlap in their skills and knowledge, and both careers are vital for businesses and government institutions. These financial specialists both work to ensure records are complete and accurate. 

Accountants and auditors can both work in nearly any industry, including public accounting firms. These are growing jobs, too. According to the BLS, employment of accountants and auditors is expected to grow 6% between 2023 and 2033. 

To break into accounting and auditing professions, Washington advises seeking mentors and networking: “Networking is so valuable in this industry and beyond and can really help you identify your own path and prepare properly.”

	Accountant	Auditor
What They Do	Prepares, maintains, and analyzes financial records	Examines financial records and systems for accuracy, compliance, and fraud
Where They Work	—Corporate finance departments —Public accounting firms —Government agencies —Nonprofits —Freelance/private practice	—Audit firms (e.g., Big Four: Deloitte, PwC, EY, KPMG) —Internal audit departments of corporations —Government agencies (e.g., IRS, GAO) —Nonprofits
Average Salary	$86,000	$89,000
Required Education and Certification	Bachelor’s degree in accounting or finance, then CPA for career advance or CMA for cost accounting role	Bachelor’s degree in accounting, finance, or a related field, then CPA or CIA (Certified Internal Auditor) preferred or CFW (Certified Fraud Examiner) for specialized roles
Key Hard Skills	—Financial reporting —Bookkeeping —Tax preparation —Budgeting —Accounting software expertise (e.g., QuickBooks, SAP)	—Audit planning —Risk assessment —Compliance monitoring —Fraud detection —Analytical software expertise (e.g., ACL, IDEA)
Key Soft Skills	—Attention to detail —Organization —Reliability —Communication —Patience and focus	—Analytical thinking —Problem-solving —Objectivity and independence —Interpersonal communication —Time management

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