The Salaries For the Different Accounting Careers
Careers in accounting require workers with an aptitude for mathematics, strong analytical skills and the ability to interpret facts quickly. Different accounting careers bring in different salaries, all of which are based on the worker's level of experience, the industry in which she works and the location in which she lives.
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Accountants and Auditors: Salaries
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Accountants and auditors must have a bachelor's degree or higher in accounting or a related field, and must be Certified Public Accountants (CPAs) if they are filing reports with the Securities and Exchange Commission. Salaries for accountants and auditors ranged from $37,690 in the 10th percentile to $104,450 in the 90th percentile as of May 2009, according to the Bureau of Labor Statistics. The median salary was $60,340 and the average salary was $67,430.
Accountants and Auditors: Industry and Location
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Most accountants and auditors earned an average salary of $73,920 working in the industry of accounting, tax preparation, bookkeeping and payroll services, states the bureau. Those working in the management of companies and enterprises earned an average income of $66,330. Local governments offered an average salary of $57,490 for accountants and auditors, while state governments offered $54,040. New York and Washington, D.C., were the top highest-paying states for these accounting careers with salary averages of $84,280 and $79,990 respectively.
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Bookkeeping, Accounting and Auditing Clerks: Salaries
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Clerks working in bookkeeping, accounting and auditing must have a minimum of a high school diploma, although some positions require an associate degree. These clerks earned an average salary of $34,750 as of May 2009, according to the bureau. Salaries ranged from $21,280 in the bottom 10 percent to $50,450 in the top 10 percent, with the median salary at $33,450 annually.
Bookkeeping, Accounting and Auditing Clerks: Industry and Location
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In the industry of accounting, tax preparation, bookkeeping and payroll services, the average income of an accounting clerk was $34,100, according to the bureau. Those working in the management of companies and enterprises or for local governments earned average salaries of more than $35,000 a year, while those in the industry of depository credit intermediation earned an average of $32,840. Washington D.C., and Connecticut were the two highest-paying states for these clerks with salary averages of $47,100 and $40,190 respectively.
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References
- Bureau of Labor Statistics: Accountants and Auditors Wages
- Bureau of Labor Statistics: Accountants and Auditors, Occupational Employment and Wages, May 2009
- Bureau of Labor Statistics: Bookkeeping, Accounting and Auditing Clerks
- Bureau of Labor Statistics: Bookkeeping, Accounting and Auditing Clerks, Occupational Employment and Wages, May 2009
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