CPA salary range depends on many factors, including the location of the job and the size of the accounting firm. Larger firms, such as the Big Four—Deloitte Touche Tohmatsu Limited, Ernst & Young, KPMG, and PricewaterhouseCoopers—have higher starting salaries than smaller accounting companies. These firms can also offer perks and benefits, such as on-site gyms, that may not be possible for smaller firms to provide.
The salary of a CPA also varies by region. In general, salaries are higher in larger cities because there is more competition, opportunity, and capital. In addition, the wages of CPAs are influenced by the state of the economy. As the economy improves, there is a greater need for accounting professionals to prepare and examine financial records, which drives up wages.
A CPA with a minimum of a bachelor’s degree can expect to earn between $50,000 and $70,000 per year, while those with an advanced degree in accounting or a master’s degree can expect to earn up to $100,000 or more per year. Experienced accountants in management roles can make even more.
The Occupational Outlook Handbook, which is published by the Bureau of Labor Statistics, states that accounting jobs are in high demand. These positions require a great deal of training and education, so it is no wonder that these professionals are in such high demand. If you are interested in becoming a CPA, we recommend that you enroll in an online accounting course and learn as much as you can about the profession before you make a final decision. CPA salary range