Do accountants make good money?

Question

Zippia Team · Accepted Answer

Yes, accountants do make good money. The salary of an accountant has a wide range. Higher-earning accountants may earn more than $120,000 per year, while lower-earning accountants may earn less than $40,000 per year.

An accountant's salary is largely determined by experience. An accountant who has gone on to become a certified public accountant, or "CPA," is likely to earn an annual salary in the neighborhood of $70,000 per year. A certified public accountant with years of experience has the potential to earn more than $100,000 per year.

In contrast, a brand new accountant with little experience and no additional certifications is unlikely to earn more than $50,000 per year to start. In fact, it is entirely likely that, during the early stages of an accountant's career, they may earn less than $40,000 per year.

Fortunately, though, an accountant earning a lower salary will probably begin to earn higher salaries as they build their knowledge and skills through experience.