What is the Salary Range for an Accountant?
Accountants record and monitor monetary transactions for businesses or for individuals. They make sure all accounts are correct and that transactions adhere to legal guidelines. Accountants may work directly for a company or for an accounting agency that handles the company's work. Some accounting positions pay high salaries.
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Starting Salary
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According to the PayScale salary survey Web site, the median starting salary for accountants in 2009 is about $40,000.
General Range
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The U.S. Bureau of Labor Statistics includes auditors in its salary figures for accountants. The range for the middle 80 percent of accountants in 2008 was between about $37,000 and $102,000. The middle 50 percent were earning between $46,000 and $78,000.
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Common Employers
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Most accountants work for accounting firms, tax preparation services and payroll services, where the average annual salary is about $72,000 as of 2008.
Government Jobs
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State and local government accounting jobs generally pay in an average range between $52,000 and $56,000, while the federal government pays significantly higher, about $84,000 on average.
Salaries of CPAs
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Certified public accountants have completed a bachelor's or master's degree, and have also become state-certified by passing a rigorous exam. CPAs who participated in the 2007 SmartPros Salary Survey reported an average salary of nearly $92,000. The majority had high-level titles such as manager or director.
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