Certified public accountant vs fixed asset accountant

The differences between certified public accountants and fixed asset 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 fixed asset accountant. Additionally, a certified public accountant has an average salary of $76,693, which is higher than the $59,691 average annual salary of a fixed asset accountant.

The top three skills for a certified public accountant include CPA, customer service and IRS. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.

Certified public accountant vs fixed asset accountant overview

	Certified Public Accountant	Fixed Asset Accountant
Yearly salary	$76,693	$59,691
Hourly rate	$36.87	$28.70
Growth rate	6%	6%
Number of jobs	78,792	42,860
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 77%
Average age	44	44
Years of experience	4	4

What does a certified public accountant do?

A certified public accountant (CPA) acts as an advisor to small businesses and chief financial officers to Fortune 500 companies. They typically work for both small and large public accounting firms. They offer advice on many issues, such as accounting and taxation. They aid businesses and individuals to plan and achieve their financial goals. There are several requirements to become a CPA, including having a degree in accounting, passing the CPA examination, and obtaining a CPA license to practice.

What does a fixed asset accountant do?

A fixed asset accountant is responsible for processing statement reports for the company's assets, organizing account records, and handling bank reconciliations and disputes. Fixed asset accountants must have excellent knowledge of the accounting principles to determine and track the assets dispositions in various accounting systems for reference. They also ensure the accurate balance and calculate the value of all fixed assets for reports. A fixed asset accountant should be highly analytical to measure asset obligations and provide recommendations for asset acquisition.

Certified public accountant vs fixed asset accountant salary

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

	Certified Public Accountant	Fixed Asset Accountant
Average salary	$76,693	$59,691
Salary range	Between $49,000 And $119,000	Between $46,000 And $76,000
Highest paying City	Washington, DC	New York, NY
Highest paying state	New Jersey	New York
Best paying company	Applied Materials	Apple
Best paying industry	Finance	Energy

Differences between certified public accountant and fixed asset accountant education

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

	Certified Public Accountant	Fixed Asset Accountant
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 77%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Certified public accountant vs fixed asset accountant demographics

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

	Certified Public Accountant	Fixed Asset Accountant
Average age	44	44
Gender ratio	Male, 43.2% Female, 56.8%	Male, 43.8% Female, 56.2%
Race ratio	Black 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, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between certified public accountant and fixed asset 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.

Fixed asset accountant example responsibilities.

Lead the discussions on the level of asset componentization with respect to compliance IFRS standards.
Prepare internal financial reports for treasury manage accounts include in external compliance reports.
Monitor purchase orders and calculate month-end accruals.
Support internal and external audit requirements and verify SOX documentation.
Calculate and reconcile deferred rent liability accruals for office leases.
Set up a consolidate and centralize SOX depository for require documentation.

Certified public accountant vs fixed asset 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 fixed asset accountant skills

Fixed Assets, 16%
Reconciliations, 8%
Asset System, 6%
GAAP, 5%
Financial Statements, 4%
Account Reconciliations, 4%

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Certified Public Accountant vs Fixed Asset Accountant

Updated January 8, 2025

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