Innovators Guide

Accountant Income

Median annual wages of wage and salary accountants and auditors were $59,430 in May 2008. The middle half of the occupation earned between $45,900 and $78,210. The bottom 10 percent earned less than $36,720, and the top 10 percent earned more than $102,380. Median annual wages in the industries employing the largest numbers of accountants and auditors were as follows:

Accounting, tax preparation, bookkeeping, and payroll services $61,480
Management of companies and enterprises 59,820
Insurance carriers 59,550
Local government 53,660
State government 51,250

According to a salary survey conducted by the National Association of Colleges and Employers, bachelor's degree candidates in accounting received starting offers averaging $48,993 a year in July 2009; master's degree candidates in accounting were offered $49,786 initially.

Wage and salary accountants and auditors usually receive standard benefits, including health and medical insurance, life insurance, a 401(k) plan, and paid annual leave. High-level senior accountants may receive additional benefits, such as the use of a company car and an expense account.

Source:  Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2010-11 Edition

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Accountant Income     Accountant Job Outlook     Accountant Training     Accountant Licensing


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