6 answers

How much does an accountant make per year?

Asked El Campo, Texas

6 answers

Daniel’s Answer

Updated New York, New York

Hi Roxsana,

An entry level accounting salary can vary, depending on what time of firm you start your career at. What I mean by that is if you start your career in a small, medium or big firm. The big accounting firms (PwC, EY, Deloitte, KPMG) typically start an associate at $45,000-$60,000. I know from experience that your education, specifically a master's degree, can boost your starting salary upwards $10,000. If you obtain a useful master's degree for the field you enter, the firm may pay you extra because you are now a bigger asset to the team.

Carly’s Answer

Hi Roxsana, there are many different jobs in accounting which will determine how much you'd make. Starting off as a Bookeeper or an Accounting analyst would be around $30k - $60k. But over the course of your career as an accountant you could be promoted to positions like Assistant Controller, Controller and Director of Accounting or Chief Accounting Officer that have salaries upwards of $100k - $200k. And there are also accounting positions with accounting firms for internal and external audit and those salaries range from an Associate starting anywhere from $50k to Partner that have salaries well into the hundreds of thousands a year.

If you're interested in Accounting there are many jobs in the field so I'd recommend searching job postings for accounting jobs and read through some that you find interesting to see what the education and certification requirements are for the job (like a masters degree or a CPA etc). You can also see some of the more longer term jobs that are out there for accounting majors.

Nick’s Answer

Updated Greensboro, North Carolina

Hey Roxsana. The salary for an accountant can vary based on where you live, your education, your employer, etc. I can give you an example based on my experience: lived in North Carolina, graduated college with an undergraduate degree, went for one additional year for a Masters degree in Accounting, hired by a "Big 4" accounting firm (PwC, EY, Deloitte, KPMG). You can expect the opportunity to make about $55,000 in your first year. You can also expect to get a raise every year. You could make about $100,000 after about six years if you work hard enough. There are also bonuses that you can earn throughout the year; so, your salary is not the only income that you can earn. Some bonuses can be about $10,000.

Sophia’s Answer

Updated

Hello Roxsana! I found three averages for accountant salaries per year. I will list them now. You can determine which one is most likely.

40k-76.6k by Glassdoor

37.6k-70.9k by PayScale

48.6k-58.7k by Salary.com

Sophia recommends the following next steps:

  • Determine what you think is the average salary.
  • Research more about accountants.

Dave’s Answer

This can vary based on several things including experience, private vs. public accounting, region, etc. There are broad salary reports posted on glassdoor and similar sites where you can get a general sense of compensation ranges.

Marcelo’s Answer

Updated San Jose, California

I would say that the starting salary in a Big 4 firm (KPMG, PwC, E&Y and Deloitte) can range between 45-55k, but after 6-7 years you will probably be earning over $100k. Normally, outside these Big 4 firms the salaries get even better, but if you are interested in finding out more about salaries I would suggest you search on GlassDoor.com

Good luck!d