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The differences between accounting technicians and accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounting technician, becoming an accountant takes usually requires 2-4 years. Additionally, an accountant has an average salary of $54,890, which is higher than the $41,337 average annual salary of an accounting technician.
The top three skills for an accounting technician include customer service, financial reports and payroll. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.
| Accounting Technician | Accountant | |
| Yearly salary | $41,337 | $54,890 |
| Hourly rate | $19.87 | $26.39 |
| Growth rate | -5% | 6% |
| Number of jobs | 39,972 | 60,073 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 71% |
| Average age | 51 | 44 |
| Years of experience | 6 | 4 |
An accounting technician is responsible for evaluating financial information procedures to support accounting and taxation tasks, verifying the accuracy of account statements for the reference of accountants. Accounting technicians manage the payroll processes, generate invoices, perform account reconciliations, analyze account receivables, prepare budget reports, and monitor the company's financial transactions. Accounting technicians should always adhere to taxation legislation, comply with accounting disciplines, and coordinate with the account management for any findings and concerns, requiring them to have excellent communication and analytical skills.
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
Accounting technicians and accountants have different pay scales, as shown below.
| Accounting Technician | Accountant | |
| Average salary | $41,337 | $54,890 |
| Salary range | Between $31,000 And $53,000 | Between $41,000 And $72,000 |
| Highest paying City | Oakland, CA | Washington, DC |
| Highest paying state | California | New York |
| Best paying company | W. R. Berkley | Meta |
| Best paying industry | Government | Technology |
There are a few differences between an accounting technician and an accountant in terms of educational background:
| Accounting Technician | Accountant | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting technicians' and accountants' demographics:
| Accounting Technician | Accountant | |
| Average age | 51 | 44 |
| Gender ratio | Male, 22.7% Female, 77.3% | Male, 38.2% Female, 61.8% |
| Race ratio | Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6% | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |