Introduction
Accountant salary in the USA is a topic of great interest as we step into 2023-2024. Accounting salary trends are influenced by various factors, including location, experience, specialization, and the top companies in the industry.
In this blog, we will delve into the salary outlook for accountants, explore accounting job opportunities in the USA, and highlight specialized fields within the accounting profession.
Accountant Salary Outlook
Accounting salary in the USA is known for its competitiveness, making it an attractive career choice. In 2023-2024, the average salary for accountants in the USA is expected to range from $60,000 to $125,000 per year, highlighting significant earning potential. Specifically, the salary of CPA in the USA is often at the higher end of this spectrum, reflecting the demand and expertise required for these professionals.
To provide a comprehensive overview, we will discuss the top-paying companies in the accounting industry and specializations that can enhance your accounting job prospects and earning potential.
Top Companies for Accounting Jobs in the USA
BDO Alliance USA
BDO Alliance USA is one of the biggest groups of accounting and professional services firms in the industry. They offer a chance for firms to grow and help their clients better. Firms can use the resources of BDO USA, the worldwide BDO network, and other Alliance members without losing their independence or current clients.
The BDO Alliance USA has been supporting member firms for 30 years. It’s part of BDO USA, P.A., and includes over 400 different firms in the U.S. with more than 20,000 professionals in over 800 places.
Allinial Global
Allinial Global is a prominent player in the accounting industry, known for its commitment to competitive compensation packages. Accounting job seekers can anticipate starting salaries of approximately $55,000 to $70,000.
RBG (Rosenberg, Birnbom & Greene)
RBG, an established accounting firm, is recognized for its strong reputation and competitive accounting salaries. Accounting professionals at RBG can typically start with salaries ranging from $65,000 to $80,000.
EisnerAmper
EisnerAmper, offering comprehensive accounting and advisory services, is another contender in the top-paying accounting companies list. Accounting jobs at EisnerAmper often start with salaries ranging from $62,000 to $77,000, accompanied by opportunities for bonuses and career advancement.
Weaver
Based in Texas, Weaver emphasizes employee development and offers competitive accounting job salaries. Accounting professionals at Weaver can expect starting salaries ranging from $58,000 to $73,000.
BPM (Burr, Pilger & Mayer)
BPM is a regional accounting firm with a strong presence in California, providing competitive salaries. Accounting job seekers here can earn starting salaries ranging from $60,000 to $75,000.
ATKG (Akin, Doherty, Klein & Feuge)
ATKG, focusing on work-life balance and career growth, is an excellent option for those looking for accounting jobs in the USA. Starting salaries typically range from $57,000 to $72,000, with opportunities for bonuses and promotions.
Wolf & Company, P.C.
Wolf & Company, P.C., a regional firm with a technology and innovation focus, offers competitive accounting job salaries. Accountants here can earn starting salaries ranging from $59,000 to $74,000, with potential for growth as they gain experience.
Specializations in Accounting: Maximizing Accounting Salary in USA
When pursuing accounting jobs in the USA, specializing in certain areas can significantly impact earning potential. Here are some specialized fields within accounting that can lead to higher salaries:
Certified Public Accountant (CPA)
Becoming a CPA is one of the most prestigious designations in the accounting field and can substantially increase your accounting salary in the USA.
CPAs often earn higher salaries than non-CPAs due to their expertise and the additional responsibilities they can handle.
Forensic Accountant
Forensic accountants investigate financial discrepancies and fraud, making them highly valuable. In 2023-2024, forensic accountants can command accounting salaries in the USA ranging from $75,000 to $120,000 annually, depending on experience and location.
Tax Accountant
Tax accountants specialize in tax planning and compliance. Due to the complexity of tax laws and regulations, they are in high demand and can earn accounting salaries in the USA ranging from $60,000 to $90,000 or more.
Management Accountant (CMA)
CMAs specialize in financial management and strategy, and their expertise can lead to accounting salaries in the USA ranging from $65,000 to $110,000 per year, depending on experience and industry.
Certified Internal Auditor (CIA)
CIAs specialize in internal auditing and risk management, earning accounting salaries in the USA typically ranging from $70,000 to $120,000, depending on experience and industry.
Miles Education: Your Path to Accounting Success
To excel in the accounting field, continuous learning and professional development are crucial. Miles Education is a leading provider of accounting courses and offers training and placements to help you advance in your accounting career.
Whether you’re preparing for the CPA exam or seeking to enhance your knowledge in a specialized accounting area, Miles Education can provide the support you need to achieve your career goals and maximize your accounting salary in the USA.
Conclusion
As we enter 2023-2024, the accounting profession in the USA offers numerous opportunities for growth, competitive salaries, and specialization. With the increasing demand reflecting on the salary of CPA in the USA, top companies such as BDO Alliance USA, Allinial Global, RBG, EisnerAmper, Weaver, BPM, ATKG, and Wolf & Company, P.C., are known for their attractive compensation packages.
Specializing in areas like CPA, forensic accounting, tax accounting, management accounting, or internal auditing can significantly enhance your earning potential.
Additionally, Miles Education can be your trusted partner on the path to accounting success by providing the education and resources needed to excel in your career.
