How To Become A Revenue Auditor: What It Is and Career Path

What is a revenue auditor and how to become one

Updated January 8, 2025

3 min read

Quoted Expert

Richard Chambers

Revenue auditors examine income within a company for accuracy. They access the function and efficiency of the company using graphs, charts, and other analytical tools and recommend ways to increase the company's bottom line. They verify and record revenue for products or services and prepare reports that help to ensure that the firm runs efficiently and makes a profit. Revenue auditors earn a median sum of $65,000 annually or $31 per hour.

Revenue auditors maintain all records that are used by other departments to perform required financial procedures, including tax preparation and profit-and-loss analysis. They safeguard an organization against monetary theft and reconcile the balance sheet with receipts to ensure transactions are accounted for. They also prepare income statements for presentation to management.

Revenue auditors typically hold a bachelor's degree in finance, accounting, or a relevant field of study. Large organizations may require a master's degree, but in most cases, a bachelor's degree is enough. However, practical work experience is important in this field and can give prospective candidates an edge.

What general advice would you give to a Revenue Auditor?

Richard Chambers

President and Chief Executive Officer, The Institut of Internal Auditors

While the COVID-19 pandemic has created numerous challenges across industries and professions, it also has created opportunities for internal auditors at all levels, including those new to the profession, to step up and play a role in helping their organizations navigate through the issues to ensure positive outcomes.

"Based on our research, accounting/finance remains the most recruited academic degree, but the evolving nature of business and risks demands having individuals who bring a broader array of skills into the internal audit workplace. There's also an accelerated movement for what I call "Uber" auditors, those who may not be on staff but whose experience in, for example, cybersecurity or AI, are sorely needed. Graduates may find the first critical step in their career is specialization rather than generalization, so an education - perhaps even a dual degree - in technology, for example, may make you more appealing.

Additionally, internal audit employers are demanding strong soft skills, such as effective verbal and written communications, relationship acumen, critical thinking, and an eye for detail.

Early during the pandemic, we saw some tightening among internal audit departments, as most organizations were making adjustments overall due to the economic impact of COVID-19. Based on additional research, however, we know opportunities still exist in this environment and when we return to 'normal.' In this year's Pulse of Internal Audit survey, of the respondents who filled positions in the preceding 12 months, 47% reported they hired professionals who had not been internal auditors previously. A notable 28% of respondents had hired students or recent graduates, as well.

The IIA has begun a new program, in collaboration with AuditBoard, to provide existing internal auditors and those pursuing a career in the profession, including college students and graduates, access to training and educational courses provided by The IIA for those who have been adversely affected by the COVID-19 pandemic and related economic pressures. The $500,000 'Elevate Internal Audit Scholarship Program' is providing scholarships that can be used to participate in IIA training and certification programs regardless of their professional level or ability to pay. More information on the scholarship program, including how to apply, can be found on The IIA's website at www.theiia.org.

ScoreRevenue AuditorUS Average

Salary

3.3

Avg. Salary $41,905

Avg. Salary $59,228

Stability Level

7.0

Growth Rate 6%

Growth Rate 0.3%

Diversity

6.4

Race

American Indian and Alaska Native 0.46%

Asian 12.22%

Black or African American 8.50%

Hispanic or Latino 10.83%

Unknown 3.96%

White 64.04%

Gender

female 60.55%

male 39.45%

Age - 43

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43

Stress Level

7.0

Stress level is high

7.1 - high

Complexity Level

8.9

Complexity Level is advanced

7 - challenging

Work Life Balance

4.1

Work Life balance is poor

6.4 - fair

Key steps to become a revenue auditor

Explore revenue auditor education requirements

Most common revenue auditor degrees

Bachelor's

52.6 %

Associate

21.7 %

High School Diploma

12.8 %

Start to develop specific revenue auditor skills

Skills	Percentages
Revenue Audit	18.85%
CPT	7.00%
Audit Procedures	5.15%
Data Entry	4.91%
Appeals	4.50%

Complete relevant revenue auditor training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New revenue auditors learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a revenue auditor based on U.S. Bureau of Labor Statistics data and data from real revenue auditor resumes.

Research revenue auditor duties and responsibilities

Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
Respond both written and oral to taxpayer's appeals regardingadjustments and assessments to their income tax returns and/or estimate tax accounts.
Work with revenue integrity, case management, and coding to ensure proper billing and appeals.
Perform audits on hospitals participating in Medicaid program to ensure the hospitals are reimburse properly for services render to Medicaid beneficiaries.

Prepare your revenue auditor resume

When your background is strong enough, you can start writing your revenue auditor resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a revenue auditor resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose From 10+ Customizable Revenue Auditor Resume templates

Build a professional Revenue Auditor resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Revenue Auditor resume.

Apply for revenue auditor jobs

Now it's time to start searching for a revenue auditor job. Consider the tips below for a successful job search:

Browse job boards for relevant postings
Consult your professional network
Reach out to companies you're interested in working for directly
Watch out for job scams

How do revenue auditors rate their job?

-/5

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Revenue Auditor reviews

A zippia user wrote a review on Apr 2019

Pros

Because of the reviewing of companies financial records, and because I have to make decisions

Cons

Sometimes decision taking is difficult