4 answers
Henry
Student
Sunnyvale, California
4
Questions
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How many money i can earn if i am a accounting?
How many money i can earn if i am a accounting? #business
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4 answers
J Pan
42
Answers
Minneapolis, Minnesota
Updated
J’s Answer
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According to the bureau for labor statistics: Half of all accountants and auditors made between $45,900 and $78,210 in 2008. Right out of college, an accountant makes on average $48,993 in 2009.
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Blake Flota, CPA
Tax Senior Associate at PwC
11
Answers
Chicago, Illinois
Updated
Blake’s Answer
Hi Henry,
www.glassdoor.com is a great resource for salary information. Your potential company and the city that you would be working in matter quite a bit. An accountant starting in New York City may start at $60,000, while an accountant in a smaller city or rural area may be closer to $50,000.
Most accountants see solid income progression throughout their careers as they become more knowledgeable and more valuable to their clients. Many accountants can end up making over $100,000. It is also worthwhile to note that several accountants move on to other career paths in business. Accounting is a great way to be able to learn how companies and business operate, and an accounting degree can help you get several non-accounting jobs later on!
www.glassdoor.com is a great resource for salary information. Your potential company and the city that you would be working in matter quite a bit. An accountant starting in New York City may start at $60,000, while an accountant in a smaller city or rural area may be closer to $50,000.
Most accountants see solid income progression throughout their careers as they become more knowledgeable and more valuable to their clients. Many accountants can end up making over $100,000. It is also worthwhile to note that several accountants move on to other career paths in business. Accounting is a great way to be able to learn how companies and business operate, and an accounting degree can help you get several non-accounting jobs later on!
Michaela Falco
President and Founder of Digital Marketing Agency
65
Answers
Orlando, Florida
Updated
Michaela’s Answer
The salary you can earn as an accountant can vary depending on factors such as your level of education, experience, location, industry, and the size of the company you work for. However, accountants typically earn competitive salaries with opportunities for growth and advancement. Here are some approximate salary ranges for accountants in the United States:
1. **Entry-Level Accountant**: Entry-level accountants, such as staff accountants or junior accountants, typically earn salaries ranging from $40,000 to $60,000 per year, depending on factors such as location and industry.
2. **Experienced Accountant**: Accountants with several years of experience or specialized skills may earn salaries ranging from $60,000 to $100,000 or more per year, depending on factors such as certifications, industry expertise, and managerial responsibilities.
3. **Certified Public Accountant (CPA)**: Becoming a Certified Public Accountant (CPA) can significantly increase your earning potential. CPAs often earn salaries on the higher end of the scale, with average salaries ranging from $70,000 to $150,000 or more per year, depending on factors such as experience, specialization, and location.
4. **Senior Accountant or Accounting Manager**: Senior accountants or accounting managers with significant experience and leadership responsibilities may earn salaries ranging from $80,000 to $150,000 or more per year, depending on factors such as industry, company size, and geographic location.
5. **Controller or Finance Director**: Controllers or finance directors, who oversee financial reporting and analysis for an organization, can earn salaries ranging from $90,000 to $200,000 or more per year, depending on factors such as company size, industry, and location.
6. **Chief Financial Officer (CFO)**: Chief Financial Officers (CFOs), who are responsible for the overall financial management of a company, typically earn salaries ranging from $150,000 to $500,000 or more per year, depending on factors such as company size, industry, and performance.
It's important to note that these salary ranges are approximate and can vary based on individual circumstances and market conditions. Additionally, accountants may also receive benefits such as bonuses, profit-sharing, retirement plans, and other perks as part of their compensation package.
1. **Entry-Level Accountant**: Entry-level accountants, such as staff accountants or junior accountants, typically earn salaries ranging from $40,000 to $60,000 per year, depending on factors such as location and industry.
2. **Experienced Accountant**: Accountants with several years of experience or specialized skills may earn salaries ranging from $60,000 to $100,000 or more per year, depending on factors such as certifications, industry expertise, and managerial responsibilities.
3. **Certified Public Accountant (CPA)**: Becoming a Certified Public Accountant (CPA) can significantly increase your earning potential. CPAs often earn salaries on the higher end of the scale, with average salaries ranging from $70,000 to $150,000 or more per year, depending on factors such as experience, specialization, and location.
4. **Senior Accountant or Accounting Manager**: Senior accountants or accounting managers with significant experience and leadership responsibilities may earn salaries ranging from $80,000 to $150,000 or more per year, depending on factors such as industry, company size, and geographic location.
5. **Controller or Finance Director**: Controllers or finance directors, who oversee financial reporting and analysis for an organization, can earn salaries ranging from $90,000 to $200,000 or more per year, depending on factors such as company size, industry, and location.
6. **Chief Financial Officer (CFO)**: Chief Financial Officers (CFOs), who are responsible for the overall financial management of a company, typically earn salaries ranging from $150,000 to $500,000 or more per year, depending on factors such as company size, industry, and performance.
It's important to note that these salary ranges are approximate and can vary based on individual circumstances and market conditions. Additionally, accountants may also receive benefits such as bonuses, profit-sharing, retirement plans, and other perks as part of their compensation package.
Chih Lu
11
Answers
Updated
Chih’s Answer
I recommend checking Glassdoor to get an idea of the salary range for an accountant in your specific location, considering years of experience and career area. Salaries can vary significantly based on these factors, so researching local data on salary expectations will provide a more accurate picture of what you can expect in the specific job market.