Post job

Certified public accountant vs chartered accountant

The differences between certified public accountants and chartered accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a certified public accountant and a chartered accountant. Additionally, a certified public accountant has an average salary of $76,693, which is higher than the $65,776 average annual salary of a chartered accountant.

The top three skills for a certified public accountant include CPA, customer service and IRS. The most important skills for a chartered accountant are internal audit, financial statements, and income tax returns.

Certified public accountant vs chartered accountant overview

Certified Public AccountantChartered Accountant
Yearly salary$76,693$65,776
Hourly rate$36.87$31.62
Growth rate6%6%
Number of jobs78,79233,005
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 72%
Average age4444
Years of experience44

Certified public accountant vs chartered accountant salary

Certified public accountants and chartered accountants have different pay scales, as shown below.

Certified Public AccountantChartered Accountant
Average salary$76,693$65,776
Salary rangeBetween $49,000 And $119,000Between $42,000 And $102,000
Highest paying CityWashington, DC-
Highest paying stateNew Jersey-
Best paying companyApplied Materials-
Best paying industryFinance-

Differences between certified public accountant and chartered accountant education

There are a few differences between a certified public accountant and a chartered accountant in terms of educational background:

Certified Public AccountantChartered Accountant
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 72%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Certified public accountant vs chartered accountant demographics

Here are the differences between certified public accountants' and chartered accountants' demographics:

Certified Public AccountantChartered Accountant
Average age4444
Gender ratioMale, 43.2% Female, 56.8%Male, 61.0% Female, 39.0%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.4% White, 64.0% American Indian and Alaska Native, 0.5%Black or African American, 7.5% Unknown, 3.9% Hispanic or Latino, 9.8% Asian, 18.1% White, 60.2% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between certified public accountant and chartered accountant duties and responsibilities

Certified public accountant example responsibilities.

  • Mentor highly skil accounting and tax management team to achieve establish objectives including conformity with GAAP compliance.
  • Maintain monthly client bookkeeping including bank reconciliations, account payable and prepare preliminary financial statements for CPA review.
  • Conduct bookkeeping, bank reconciliations and generate general ledgers as well as raise concerns about expenditure classifications and revenue recognition.
  • Prepare and review month-end close, including journal entries, general ledger account reconciliations, and financial statement supporting documentation.
  • Gain a working knowledge of audit objectives and procedures in compliance with GAAP and GAAS.
  • Prepare and monitor audit programs, assist management in design and monitoring of SOX compliance programs.
  • Show more

Chartered accountant example responsibilities.

  • Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
  • Provision of professional and timely taxation advice and services to clients.
  • Monitor deposits and withdrawals of revenue and expenses, review payroll, and ensure accurate processing and timely bank reconciliations.
  • Monitor bond and covenant requirements, providing tax return and audit information to external contacts.

Certified public accountant vs chartered accountant skills

Common certified public accountant skills
  • CPA, 48%
  • Customer Service, 22%
  • IRS, 7%
  • State Tax Returns, 5%
  • Payroll Tax Returns, 2%
  • Financial Statement Preparation, 1%
Common chartered accountant skills
  • Internal Audit, 33%
  • Financial Statements, 14%
  • Income Tax Returns, 11%
  • Balance Sheet, 6%
  • Audit Reports, 5%
  • Tax Audits, 5%

Browse business and financial jobs