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Average Salary of an Accountant

The area of accounting currently average salary of an accountant with one
experiencing strong growth in the number to three years of experience earned
of people employed in the field. In 2004, $33,000 to $52,000, and the average
accountants and auditors held about 1.2 salary of an accountant at senior level
million jobs in the United States. These accounting or auditing earned between
numbers are expected to grow at a faster $40,750 and $67,750. Accounting managers
than average rate through 2014, mostly were reported to be earning $48,000 to
because of the increasing number of $90,000, and directors of accounting and
businesses, but also due to changing auditing earned $64,750 to $200,750.When
financial laws and regulations, as well employed by the Federal government, the
as increased scrutiny of company average salary of an accountant varies
finances.The average salary of an just as much. According to the U.S.
accountant can vary greatly through the Department of Labor, the average salary
many different fields of accounting. An of an individual working as a junior
average salary of an accountant depends accountant or auditor in 2005 was
much on not only which area of accounting $24,677. Those who had a superior
the accountant is employed, but also the academic record might start at $30,567,
geographic region in which the accountant while accountants with a master's degree
is employed. For example, accountants, and/or two or more years of professional
and especially Certified Professional work experience as an accountant usually
Accountants (CPAs), in large metro areas start at a salary of $37,390. Initial
will earn more than CPAs in smaller salary bases were slightly higher in
cities nationwide.According to the United selected areas where the prevailing local
States Department of Labor, the average pay level was higher, such as in large
salary of an accountant, or the median metro areas. Accountants employed by the
wage and salary earnings of an accountant Federal government in a nonsupervisory,
or auditor, was $50,770 in May 2004. The supervisory, or managerial position made
middle half of the occupation earned an average of $74,907 per year in 2005,
between $39,890 and $66,900. The top 10 and auditors earned an average of $78,890
percent of accountants and auditors that same year.Accountants and auditors
earned more than $88,610 annually, and that are self employed or earn their own
the bottom 10 percent earned less than firms may have an upper end or lower end
$32,320. The U.S. Department of Labor salary, depending on the size of their
also collected median annual earnings firm, their geographic location, the
from May 2004 in the industries that number of clients serviced, and other
currently employ the largest number of factors. Earning potentials and the
accountants and auditors, and the average average salary of an accountant who is
salary of an accountant in these areas is self employed can vary greatly because of
as follows:Federal Executive Branch of these reasons. A more experienced
the government and the United States accountant has the opportunity to have a
Postal Service - $56,900 larger firm and more clients, thus
Accounting, tax preparation, earning more money, than an accountant
bookkeeping, and payroll services - who is just starting out in the field. It
$53,870 is because of this that many accountants
Management of companies and enterprises begin their careers working for other
- $52,260 firms, and start their own firm once
Local government - $47,400 receiving experience, as well as
State government - $43,400According to a compensation, in the field.Other factors
salary survey reported by the National may play a key role in determining the
Association of Colleges and Employers average salary of an accountant. Not only
(NACE), candidates for bachelor's does geographic location and the job
degrees, soon to be graduating in the position or work experience affect the
field of accounting, received starting average salary of an accountant, but
wage offers from a variety of sources other things may also affect salary, such
averaging $43,269 per year in 2005, and as level of education obtained by the
master's degree candidates in accounting accountant, as well as Certified Public
were offered $46,251 as an initial Accountant (CPA) certification.
average wage.The varied salary levels of Generally, those with master's degree and
different positions in the accounting more experience will receive higher
field greatly affects the average salary salary levels and obtain a higher level
of an accountant. A 2005 salary survey by job responsibility position in the work
Robert Half International, a staffing place. Those that are CPAs also tend to
services firm specializing in accounting receive higher salaries, and therefore,
and finance, accountants and auditors the average salary of an accountant is
with up to one year of work experience almost a gray area due to all of the
earned $28,250 to $45,000 annually. The factors involved.




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