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The alarm bells in accounting have been ringing for years: fewer people want to join – or stay – in the profession. The American Institute of Certified PublicAccountants (AICPA) said in its “2023 Trends” report that the percentage of accounting graduates fell 7.8% Pay a more attractive entry-level accountingsalary.
Comments are open if you’d like to share your opinion on anything here, or any other relevant happenings in and around the accounting profession. My thoughts on all of this: I am staunchly opposed to PEs entry into publicaccounting. Publicaccounting demands strict professional standards, no matter the type of engagement.
Average publicaccountingsalaries in audit/assurance are expected to range from $80,000 for an associate to $140,550 for a manager in 2025, while the average salaries for roles in tax are projected to range from $79,800 for an associate to $172,200 for a senior manager next year, according to LHH Recruitment Solutions.
Last month we took a look at the 2024 Robert Half Salary Guide to get an idea what publicaccountingsalaries should be in the range of next year, today it’s a similar report from Addison Group and their 2024 Workforce Planning Guide. The guide covers several industries, we are of course only here for accounting.
Starting salaries for roles in tax services are projected to increase an average of 3.6% in 2024, while audit and assurance services will see starting salaries likely go up an average of 3.8% next year, according to a CPA Practice Advisor analysis of publicaccounting pay data provided by specialized staffing firm Robert Half.
FTE Accountant | Candidate ID #16071602 Certifications: NA Education: BA Accounting in progress Experience (years): 7+ years of overall experience Work experience (detail): Currently with a publicaccounting firm Services 15+ monthly clients and 75+ quarterly clients Team leadership and work review experience Prepares 100+ returns during tax season (..)
So when, as a sophomore in college, he told his parents he was going to major in accounting, they gave him what Bryan (which isn’t his real name) could describe only as “a look.” ” “An accountant?” “Why would you want to be an accountant?” ” he remembers his mother saying.
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