Some Important Information About the Pay Scale in the Accounting Career
An accounting career is a very rewarding field.
The industry is very technical in nature, which means that to have accounting as career; you need to fulfill stringent qualifications.
Education and experience are very important if you want to earn a decent salary in this field.
Both the private and the public sector provide good opportunities for starting an accounting career.
But if you are a newcomer in the field of accounting, then you should probably go on for public sector accounting jobs because they pay better.
These jobs also allow you to get a professional license with much ease.
This is not that easy in private sector enterprises.
Once you have got your Certified Public Accountant (CPA) however, you might find it worthwhile to work in the private sector because these institutions then provide better remuneration.
Non Degree Positions If you are a person with no accounting education or experience, you can do some of the minor accounting works like bookkeeping at the beginning of your accounting career.
You might also serve as accounting clerks.
These positions however are hourly.
Annual remuneration is between $20,000 and $30,000.
Public Entry Level Positions If you have an accounting degree and begin to work in the public sector with no experience, then you can earn as far as $50,800 in the beginning of your accounting career.
Private Entry Level Positions Large corporations and private businesses pay around $41,342 for entry level accountants.
For this to happen, an accounting degree is needed.
But if the candidates have years of bookkeeping experience, then it is enough to qualify for a private level entry job.
Staff Accountant To be a staff accountant, one needs somewhere around one to fours years of experience.
Even in this respect, the salary structure varies from the public in the private.
A career as a staff accountant can earn you somewhere around $52,775.
The same job with the same experience in a private firm will earn you somewhere around $42,635.
Senior Accountant This is the highest of all accounting jobs.
A senior accountant is usually in charge of other accountants.
He has somewhere around five to nine years of experience.
If you are a senior accountant at a public firm, you can earn somewhere around $63,102 while the same in a private firm would earn you around $57,216.
This is the difference in accounting salaries in the two sectors.
Job Outlook The Bureau of Labor Statistics states that the demand for auditors and accountants will increase at about the same rate as the demand for other jobs in 2010.
Accounting careers will provide to be the most viable for those who have achieved some licensure or certification.
CPAs are likely to benefit the most by this.
The industry is very technical in nature, which means that to have accounting as career; you need to fulfill stringent qualifications.
Education and experience are very important if you want to earn a decent salary in this field.
Both the private and the public sector provide good opportunities for starting an accounting career.
But if you are a newcomer in the field of accounting, then you should probably go on for public sector accounting jobs because they pay better.
These jobs also allow you to get a professional license with much ease.
This is not that easy in private sector enterprises.
Once you have got your Certified Public Accountant (CPA) however, you might find it worthwhile to work in the private sector because these institutions then provide better remuneration.
Non Degree Positions If you are a person with no accounting education or experience, you can do some of the minor accounting works like bookkeeping at the beginning of your accounting career.
You might also serve as accounting clerks.
These positions however are hourly.
Annual remuneration is between $20,000 and $30,000.
Public Entry Level Positions If you have an accounting degree and begin to work in the public sector with no experience, then you can earn as far as $50,800 in the beginning of your accounting career.
Private Entry Level Positions Large corporations and private businesses pay around $41,342 for entry level accountants.
For this to happen, an accounting degree is needed.
But if the candidates have years of bookkeeping experience, then it is enough to qualify for a private level entry job.
Staff Accountant To be a staff accountant, one needs somewhere around one to fours years of experience.
Even in this respect, the salary structure varies from the public in the private.
A career as a staff accountant can earn you somewhere around $52,775.
The same job with the same experience in a private firm will earn you somewhere around $42,635.
Senior Accountant This is the highest of all accounting jobs.
A senior accountant is usually in charge of other accountants.
He has somewhere around five to nine years of experience.
If you are a senior accountant at a public firm, you can earn somewhere around $63,102 while the same in a private firm would earn you around $57,216.
This is the difference in accounting salaries in the two sectors.
Job Outlook The Bureau of Labor Statistics states that the demand for auditors and accountants will increase at about the same rate as the demand for other jobs in 2010.
Accounting careers will provide to be the most viable for those who have achieved some licensure or certification.
CPAs are likely to benefit the most by this.
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