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What is thr pay for accountants ?

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James Constantine’s Answer

Hello Mary,

Here's your answer:

The salary of accountants in the U.S. isn't a fixed amount. It fluctuates depending on factors like how much experience they have, their level of education, where they're located, and the specific industry they're employed in. The U.S. Bureau of Labor Statistics (BLS) provides some insight into this. As of May 2021, they reported that the middle-of-the-road yearly income for accountants and auditors was $73,560. The bottom 10% earned less than $45,220, whereas the top 10% took home more than $128,680.

An accountant's educational and certification achievements can also affect their earnings. For instance, accountants who've earned advanced degrees or certifications such as a CPA (Certified Public Accountant) generally have higher salaries than those with just a bachelor's degree. The industry or sector an accountant works in can also influence how much they earn.

In a nutshell, an accountant's salary can span a wide range. Entry-level positions might offer salaries around $50,000, while senior or managerial roles could provide a yearly income well into the six figures.

Here are the top 3 authoritative sources I used:

1. U.S. Bureau of Labor Statistics (BLS): The BLS is a reliable source for current employment statistics, including data on wages and salaries for various jobs in the U.S.

2. American Institute of CPAs (AICPA): As a professional organization, the AICPA sets standards for the accounting industry and offers resources and information about accounting careers and pay.

3. Salary.com: This website provides insights into salary ranges for different professions, taking into account factors like location, experience level, and industry trends. It's a great tool for understanding compensation in various fields.

The information from these sources helped me provide you with accurate and reliable data on the salary range for accountants in the U.S.

May God bless you!
James Constantine Frangos.
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Cherelle’s Answer

Hi Mary!

Accountants on average (in the U.S.) make a salary between $50k and $80k or more depending on their education, certifications, experience, etc.

This is a role that will always be needed so job security would never be a concern here!

Great question and I hope this helps!
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Ezra’s Answer

Hello,
The average salary for an accountant is about $83,000.
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