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Thursday, May 28th, 2015


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Cha-ching cha-ching

Get a glimpse of what CPAs earn

If there’s one thing you will not be complaining about as a CPA, it’s your salary. Even new grads are offered a sizable sum, and your earning potential over time is among the best out there. Of course, as with any profession, salaries vary by geography, experience, education, and company size. But the consistent high demand for CPAs, which continues to rise, is good news for you and your bank account. The Department of Labor and Statistics predicts employment of accountants and auditors will grow faster than average for all occupations through the year 2016, mainly because accounting and auditing regulations are getting stricter and the economy will continue to expand around the globe.

So, just how good is the good life? Here’s an overview of how your career might look financially:

If you choose…

Public accounting

Employer Jr. level (1-3 years) Sr. level (4-6 years) Partner (12+ years)
Large firm $49,000 – $69,250 $66,250 – $85,500 $500,000
Medium firm $42,500 – $62,250 $59,250 – $78,750 $170,000 – $500,000
Small firm $41,000 – $56,000 $53,750 – $69,750 $100,700 – $150,000

Big fat reminder
You’ll make 10-15% more than these numbers if you have your CPA license.

Corporate accounting

Employer Jr. level (1-3 years) Sr. level (4-6 years) Partner (12+ years)
Large firm $38,000 – $57,250 $55,750 – $73,500 $183,250 – $384,000
Medium firm $35,750 – $53-250 $50,750 – $65,500 $105,500 – $175,750
Small firm $33,500 – $49,000 $46,500 – $58,750 $94,250 – $125,750

Source: Robert Half 2010 Salary Guide, Holland & Associates Public Accounting Survey

For more specific job titles and salaries, take a look at this.

http://www.thiswaytocpa.com/profession/salary-demand/cha-ching-cha-ching/

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