How Much Does An Accountant Make
If you are seriously considering a career in accountancy, then you’ve probably wondered how much does an accountant make at some time or the other. On the face of it, most people would think that accounting is a pretty boring job that involves crunching numbers all day long. For those of you who have a keen mind for numbers and are methodical in your work, this could be the ideal career for you.
Accountants not only keep records of the income and expenditure of companies, they do all kinds of things from auditing companies’ records, ensuring that you don’t pay more tax to the government than you should, and even ensure that a firm is making the optimal profits from its day to day operations.
So Exactly How Much Does An Accountant Make?
Clearly, accountants play a very important role in the smooth running of any company. For this work, they need to be especially meticulous and thorough, which is a trait that many people do not have. As such, you can expect how much does an accountant make to be a significant sum to compensate them for their hard work, especially considering the importance of their work. Not to mention that it is a profession that requires at least a university degree and also ongoing study to achieve higher levels of accreditation like the CA or CPA qualification. All things considered, it’s no walk in the park to become an accountant, let alone to do the work.
Based on the data provided by the Bureau of Labor Statistics in the US, the answer of exactly how much does an accountant make is $67,430 per year in salary. Obviously, this will vary depending on the location where you are practicing accounting, as well as the level of experience and qualifications that you have. Generally, as a fresh graduate, you can expect to earn between $45,000 to $50,000 but your yearly salary will take a significant jump when you have attained a CA or CPA qualification level. As you rise up through the ranks, you could even become the CFO or CEO of a company because of your solid financial background and years of experience managing a company’s books.
The Final Word On How Much Does An Accountant Make
All in all, there’s no question that accountants make a very healthy salary so if you’re interested in this line of work don’t worry about how much does an accountant make. You will have a very healthy salary if you are willing to commit yourself to this career and go far up the corporate ladder.