Accountants analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
- Maintain or examine the records of government agencies.
- Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
- Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
- Review accounts for discrepancies and reconcile differences.
Accountants with little to no experience tend to make between $43650 and $55070 while the more experienced ones can earn over $92910 per year.
|Top 5 paying states||Hourly||Annual|
One of the easiest ways to increase your salary as an Accountant is to move to a higher paying state like DC. Right now, the highest paying states for Accountants are DC, NY, NJ, VA and CT.
However, a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.
Three other factors that can increase your salary as an Accountant is the degree you hold, the industry you work in, and lastly the company you work for.
We asked other Accountants what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by a College Certificate.
Other than that, we also asked them what did they major in and here are the most popular majors that came up.
|Accounting and Computer Science|
|Financial Forensics and Fraud Investigation|
|Accounting and Finance|
Pros and Cons
Here are some of the pros and cons of being an Accountant.
|Suitable for people who likes to follow routines|
|Suitable for people who values achievements and are results-oriented|
|This career is perfect for people who love to work indoors.|
|Very good salary|
|Normal working hours (40 hours per week)|
|Not suitable for people who likes to work with designs|
|It is hard to get into this career. A considerable amount of work-related skill, knowledge, or experience is required for this career.|
What is the job like
71% of Accountants said they were satisfied with their job and 38% said they feel like their job is making other people’s lives better.
Is this right for me
You can read more about these career personality types here.
People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas..
They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.
monitor and evaluate compliance with equal opportunity laws, guidelines, and policies to ensure that employment practices and contracting arrangements give equal opportunity without regard to race, religion, color, national origin, sex, age, or disability.
analyze product delivery or supply chain processes to identify or recommend changes. May manage route activity including invoicing, electronic bills, and shipment tracing.
conduct quantitative analyses of information affecting investment programs of public or private institutions.
recruit and hire seasonal or temporary agricultural laborers. May transport, house, and provide meals for workers.
prepare tax returns for individuals or small businesses.
Related career information
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