2007-02-20 07:50:16 · 2 answers · asked by braynt 1 in Business & Finance ➔ Taxes ➔ United States
The answer is...it depends. For example - A CPA I know at a small, but international privately held company: since getting his license, his income has gone from about $45k to over $100k. He is the corporate controller. International travel is a job requirement & he works his behind off. However, there are many other employment options. Auditing probably has the best starting salaries ($40-$55k) for recent accounting grads who are CPA-bound (thanks to Sarbanes-Oxley aka The CPA Full Employment Act). However, often the hours are llllooonnnggg, they can require travel & you make a flat salary, regardless. Smaller CPA firms can't pay as much, but they usually don't own your life. Of course, many CPAs aspire to eventually have their own practice, like docs & attys. Then, of course, it all depends on your own ability to get clients, get reliable employees & manage the whole operation. If you want a whole breakdown on CPAs in different fields/industries - Robert Half/Accountemps put out an annual salary guide. They are also usually really good at placing.
2007-02-20 08:22:34 · answer #1 · answered by Tom's Mom 4 · 0⤊ 0⤋
It depends on where you live and whether you are self employed or work for a firm. Check out www.salary.com to see average salaries for CPAs in your area.
2007-02-20 07:57:09 · answer #2 · answered by R Worth 4 · 0⤊ 0⤋