![]() ![]() While the CPA is considered the “platinum standard” for the accounting profession, the full CPA license requires 150 credit hours and one year of work experience. One of those ways is to validate your skillset with a credential. How to Increase Your Accounting SalaryĪs a budding accounting professional, there are several ways to solidify your position as top talent and increase your starting salary. Earning the CPA credential is no easy feat, so it’s no wonder that professionals who attain the license are awarded higher salaries and more career opportunities than their non-credentialed peers. There are three main reasons why earning a CPA is a good career move:ĬPAs are always in demand on the job market, because employers are always looking for an accountant who certifiably knowledgeable on a wide variety of accounting topics. Not only will earning the CPA credential boost your career, it solidifies your position as an accounting expert. Average Annual Salary for Highest-Earning Accounting Jobs Job Title ![]() The following table shows the average salary for top accounting executive positions, excluding bonuses and incentives. Executives and directors in top-tier accounting positions can earn upwards of $200,000 annually, more than four times the average starting salary for a general accountant. Starting Salaries for Accounting and Finance Professionals (1 to 3 Years of Experience) Job TitleĪfter gaining a CPA license, your career can progress down a variety of paths. The following national average salary data is from the Robert Half Salary Guide 2020 for accounting and finance professionals. Overall, corporate accounting firms tend to pay better than public accounting firms, jobs at larger firms (like the Big 4) pay more than jobs at mid-size or small accounting firms, and positions in tax and financial services tend to pay better than general accounting jobs. Like with any job, a Certified Public Accountant’s starting salary ranges depending on many different factors, including whether they work in public or corporate accounting, the size of the company they work for, what type of work they perform, and where the job is located. Interested in boosting your salary? Get on track to pass a CPA Exam section in just three weeks. ![]() Whether you’re just starting out in your accounting career or looking for a career change, it’s important to know how much you could (and should) be making as your career grows. The starting salary for Certified Public Accountants ranges from $44,750 and $104,500, depending on their industry and the type of accounting they perform. While a CPA credential is not required to work in accounting, according to the Bureau of Labor Statistics, accountants and auditors who earn certifications, especially the CPA, have the best job prospects. ![]()
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