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Average Salary & Job Outlook
The accounting pay range varies from industry to industry.
The U.S. Bureau of Labor Statistics found that in May of 2010, the median annual salary of accountants and auditors was $61,690. Along with an annual salary, experienced accountants may receive bonuses based on accuracy of financial predictions.
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What is an accountant?
Accounting is one of the many gears that keeps American business going. Many industries need 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.
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