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The differences between corporate accountants and certified public 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 corporate accountant and a certified public accountant. Additionally, a certified public accountant has an average salary of $76,693, which is higher than the $64,300 average annual salary of a corporate accountant.
The top three skills for a corporate accountant include reconciliations, GAAP and account reconciliations. The most important skills for a certified public accountant are CPA, customer service, and IRS.
| Corporate Accountant | Certified Public Accountant | |
| Yearly salary | $64,300 | $76,693 |
| Hourly rate | $30.91 | $36.87 |
| Growth rate | 6% | 6% |
| Number of jobs | 54,174 | 78,792 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A corporate accountant is an individual who prepares financial statements and maintains financial records of an organization to ensure that they comply with laws, regulations, and the organization's policies. Corporate accountants are required to analyze financial statements to help executives make financial decisions for the organization. They must collect ledgers and financial reports from divisional offices and prepare corporate financial statements for executives. Corporate accountants must also prepare budgets to allocate funds for spending for each department.
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.
Corporate accountants and certified public accountants have different pay scales, as shown below.
| Corporate Accountant | Certified Public Accountant | |
| Average salary | $64,300 | $76,693 |
| Salary range | Between $46,000 And $89,000 | Between $49,000 And $119,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New York | New Jersey |
| Best paying company | Putnam Investments | Applied Materials |
| Best paying industry | Finance | Finance |
There are a few differences between a corporate accountant and a certified public accountant in terms of educational background:
| Corporate Accountant | Certified Public Accountant | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 69% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between corporate accountants' and certified public accountants' demographics:
| Corporate Accountant | Certified Public Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 43.1% Female, 56.9% | Male, 43.2% Female, 56.8% |
| Race ratio | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 13.0% White, 63.0% American Indian and Alaska Native, 0.5% | 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% |
| LGBT Percentage | 7% | 7% |