Chartered accountant vs accountant

The differences between chartered accountants and 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 chartered accountant and an accountant. Additionally, a chartered accountant has an average salary of $65,776, which is higher than the $54,890 average annual salary of an accountant.

The top three skills for a chartered accountant include internal audit, financial statements and income tax returns. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.

Chartered accountant vs accountant overview

	Chartered Accountant	Accountant
Yearly salary	$65,776	$54,890
Hourly rate	$31.62	$26.39
Growth rate	6%	6%
Number of jobs	33,005	60,073
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 71%
Average age	44	44
Years of experience	4	4

Chartered accountant vs accountant salary

Chartered accountants and accountants have different pay scales, as shown below.

	Chartered Accountant	Accountant
Average salary	$65,776	$54,890
Salary range	Between $42,000 And $102,000	Between $41,000 And $72,000
Highest paying City	-	Washington, DC
Highest paying state	-	New York
Best paying company	-	Meta
Best paying industry	-	Technology

Differences between chartered accountant and accountant education

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

	Chartered Accountant	Accountant
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 71%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Chartered accountant vs accountant demographics

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

	Chartered Accountant	Accountant
Average age	44	44
Gender ratio	Male, 61.0% Female, 39.0%	Male, 38.2% Female, 61.8%
Race ratio	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%	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%

Differences between chartered accountant and accountant duties and responsibilities

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.

Accountant example responsibilities.

Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
Manage personnel financial matters including salaries, taxation procedures and other relate issues.
Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
Reconstruct and improve many balance sheet account reconciliations for easier reading and interpretation by senior level management.
Perform complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
Maintain general ledgers and preparation of monthly and other periodic financial reports in accordance with GAAP and international accounting standards.

Chartered accountant vs accountant skills

Common chartered accountant skills

Internal Audit, 33%
Financial Statements, 14%
Income Tax Returns, 11%
Balance Sheet, 6%
Audit Reports, 5%
Tax Audits, 5%

Common accountant skills

Reconciliations, 14%
General Ledger Accounts, 6%
Account Reconciliations, 6%
GAAP, 5%
Payroll Tax Returns, 5%
Customer Service, 5%