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Chartered accountant vs staff accountant

The differences between chartered accountants and staff 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 a staff accountant. Additionally, a chartered accountant has an average salary of $65,776, which is higher than the $54,216 average annual salary of a staff accountant.

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

Chartered accountant vs staff accountant overview

Chartered AccountantStaff Accountant
Yearly salary$65,776$54,216
Hourly rate$31.62$26.07
Growth rate6%6%
Number of jobs33,005115,930
Job satisfaction-4
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 76%
Average age4444
Years of experience44

Chartered accountant vs staff accountant salary

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

Chartered AccountantStaff Accountant
Average salary$65,776$54,216
Salary rangeBetween $42,000 And $102,000Between $42,000 And $68,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-Meta
Best paying industry-Government

Differences between chartered accountant and staff accountant education

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

Chartered AccountantStaff Accountant
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 76%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Chartered accountant vs staff accountant demographics

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

Chartered AccountantStaff Accountant
Average age4444
Gender ratioMale, 61.0% Female, 39.0%Male, 41.6% Female, 58.4%
Race ratioBlack 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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.4% White, 61.9% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between chartered accountant and staff 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.

Staff accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Contribute revenue accruals using job cost system, fix assets including reclassification, reconciliation and depreciation.
  • Prepare month-end journal entries and assist in compilation of financial statements, reconcile bank statements and general ledgers.
  • Complete audit-quality account reconciliations monthly for balance sheet accounts including the capital projects in progress accounts and miscellaneous revenue accounts.
  • Assume responsibility for cash management encompassing wire and ACH transfers processing, bank activity confirmation, and monthly bank account reconciliations.
  • Handle all A/R and A/P, payroll, change orders, collections, lien placement and release, vendor account management.
  • Show more

Chartered accountant vs staff 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 staff accountant skills
  • Reconciliations, 15%
  • Account Reconciliations, 7%
  • GAAP, 6%
  • General Ledger Accounts, 4%
  • External Auditors, 4%
  • Internal Controls, 4%

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