Accounting annual pay?

Question

what's the average amount someone makes for accounting? (websites are good)

Answer 1

Median annual wage and salary earnings of accountants and auditors were $50,770 in May 2004. The middle half of the occupation earned between $39,890 and $66,900. The top 10 percent of accountants and auditors earned more than $88,610, and the bottom 10 percent earned less than $32,320. In May 2004, median annual earnings in the industries employing the largest numbers of accountants and auditors were as follows:

Federal executive branch and United States Postal Service $56,900
Accounting, tax preparation, bookkeeping and payroll services 53,870
Management of companies and enterprises 52,260
Local government 47,440
State government 43,400

According to a salary survey conducted by the National Association of Colleges and Employers, bachelor’s degree candidates in accounting received starting offers averaging $43,269 a year in 2005; master’s degree candidates in accounting were offered $46,251 initially.

According to a 2005 salary survey conducted by Robert Half International, a staffing services firm specializing in accounting and finance, accountants and auditors with up to 1 year of experience earned between $28,250 and $45,000 a year. Those with 1 to 3 years of experience earned between $33,000 and $52,000. Senior accountants and auditors earned between $40,750 and $69,750, managers between $48,000 and $90,000, and directors of accounting and auditing between $64,750 and $200,750. The variation in salaries reflects differences in size of firm, location, level of education, and professional credentials.

In the Federal Government, the starting annual salary for junior accountants and auditors was $24,677 in 2005. Candidates who had a superior academic record might start at $30,567, while applicants with a master’s degree or 2 years of professional experience usually began at $37,390. Beginning salaries were slightly higher in selected areas where the prevailing local pay level was higher. Accountants employed by the Federal Government in nonsupervisory, supervisory, and managerial positions averaged $74,907 a year in 2005; auditors averaged $78,890.

You can read more at the Bureau of Labour Statistics site below.

Answer 2

There are many different kinds of accountants: internal auditors, external auditors, cost accountants, tax accountants, staff accountants, IRS agents, and the list goes on. You need to figure out which accounting position interests you. From what I know, accountants who specialize in tax are generally paid more than non-tax accountants.

I recommend using the Salary Wizard at and playing with the different options.

Answer 3

www.salary.com
You can put in job title and zip code and it will tell you average salaries for the job title you put in!

Answer 4

difference = 6000( (1+8/36500)^(25*365) - (1+8/400)^100 ) = $85.67 ------------