If you are considering a career as a certified public accountant than I have only a few words available for you: do it. Regardless of whether an organization is big or small, or what kind of business they are in, all organizations need a good CPA.
The CPA license is noticed by all and in sought after demand. Aside from that, a starting CPA is able to get a decent salary almost instantly. Employers recognize that using a good accountant is a necessity, not much of a choice. They are happy to spend on the position because it is so essential to the success of their company.
Needless to say, you aren’t able to get a CPA salary until you get a CPA license. So be sure that you study hard and select the right CPA review course. The exam isn’t cheap so it will be essential that you pass it on your first attempt.
The following are average pay scales organized by company size. All of the following pay scales are for Junior Level accountants.
Public Accounting for a Large Firm – $52,000-$75,000
Public Accounting for a Medium Firm – $42,000-$66,000
Small Firm, Public: $44,500 to $64,500
Lrg. Organization, Corporate Accountant – $44K-$68K
Med. Organization, Corporate Accountant – $44K-$66K
Small Organization, Corporate: $35,500 to $55,500
So as you can see, the wages for starting accountants covers a rather broad range. Another thing to take into consideration once you begin your job search is what type of company you desire to work with. Large companies have the advantage of paying you more. However, you might specifically be interested in working for a smaller start-up organization. The decision is perfectly up to you.
The great news is that CPAs are often able to find work with relative ease. Some people refer to it as an evergreen market because positions are forever in high demand. Because of this high demand comes solid career security. The rate of pay estimated really hasn’t changed a whole lot through the years.
Another thing to look into is common CPA salary by state. States are fairly competitive with each other but their rates can alter dependent upon population and graduation numbers of CPAs over the last couple of years.
So, good luck. Remember to study hard and concentrate on the goal. All of your effort can pay off once you get your first job with a major firm!
If you’re serious about earning that CPA salary, then make sure that you look in to the the CPA exam requirements and study hard!