CPAs are well respected in the business world with the reputation of having a strong work ethic, motivation and integrity. Within the accounting industry, having a CPA license is often required to move into senior level and managerial positions. If your ultimate goal is to make partner, you better start planning your CPA study strategy now! While all of this may sound enticing, many aspiring CPAs are unaware of the various opportunities available to them.

A wide range of career paths exist within public, private and governmental organizations:

  • Assurance and Attestation Services
  • Corporate Finance (such as Mergers & Acquisitions)
  • Corporate Governance
  • Estate Planning
  • Financial Accounting
  • Financial Analysis
  • Financial Planning
  • Forensic Accounting (such as financial fraud)
  • IT
  • Management/Performance Consulting
  • Tax Preparation and Planning
  • Venture Capital
  • Internal Revenue Service (IRS)
  • Defense Contract Audit Agency (DCAA)

The list below indicates common salaries in accounting, according to a 2011 Study by Robert Half. (It's important to note that with the gain of a CPA license, most of the following salaries will increase by an average of 10-15%!):

Employer Jr. Level (0 - 3 yrs.) Sr. Level (4 - 6 yrs.)
Public Accounting (large firm) $48,750-$69,250 $66,750-$86,000
Public Accounting (medium firm) $42,500-$62,500 $59,250-$79,750
Public Accounting (small firm) $41,000-$56,000 $54,000-$69,750
Corporate Accounting (large co.) $38,000-$57,250 $55,750-$73,500
Corporate Accounting (medium co.) $35,750-$53,250 $50,750-$65,500
Corporate Accounting (small co.) $33,500-$49,000 $46,500-$58,750

Want to get a head start on your CPA career path? Roger Philipp, CPA will be hosting a LIVE Webcast, Thursday, Feb 15th, 2011 on Obtaining a Summer Internship & Interviewing Techniques. RSVP Here!