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Average Salary & Job Outlook
Accountants Median wages (2005)
$52,210 annually
U.S. Minimum Wage
$10,712 Annually
The accounting pay range varies from industry to industry.
In 2005, the median pay rate for accountants was $52,210.
Along with an annual salary, experienced accountants may receive
bonuses based on accuracy of financial predictions.
Employment in accounting and is expected to grow faster than
average for all other occupations. Predictions from Nationwide
trends propose that job positions are likely to rise nineteen
percent by the year 2012. This steady job growth is due to an
increase in the number of businesses, changing financial laws
and regulations and an increasing analysis of company finances.
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What is an accountant?
Accounting is one of the important gears that keeps American business going. That's why it's important for future accountants to get the Accounting certification they need from an accredited Accounting school. Every industry needs accountants as a daily part of business to help in a variety of financial areas. There are many different types of accountants including public (CPA), private, management and government accountants.
What do accountants do?
Accountants are dedicated to ensuring that the businesses and organizations they work for run efficiently. They do this by offering a growing variety of business and accounting services to each of their clients.
- Duties people in accounting have include:
- Making revenue forecasts
- Performing general financial analysis
- Developing client budgets
- Analyzing financial data
- Evaluating degree of financial risk
- Writing administrative procedures
- Appraising property and equipment
Other responsibilities accountants have include keeping accurate public records, making sure taxes are paid properly and providing both internal and external auditing services for their clients. With all of these important responsibilities, Accounting certification or a degree from an accredited Accounting school is essential for most accountants.
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