How much salary does a first year CPA with a masters degree make?

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1276735

2026-02-12 17:50

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The below is written by and according to the U.S. Department of labor ans particular to the earnings of Accountants.

Median annual wages of wage and salary accountants and auditors were $59,430 in May 2008. The middle half of the occupation earned between $45,900 and $78,210. The bottom 10 percent earned less than $36,720, and the top 10 percent earned more than $102,380. Median annual wages in the industries employing the largest numbers of accountants and auditors were as follows:

Accounting, tax preparation, bookkeeping, and payroll services$61,480Management of companies and enterprises59,820Insurance carriers59,550Local government53,660State government51,250

According to a salary survey conducted by the National Association of Colleges and Employers, bachelor's degree candidates in accounting received starting offers averaging $48,993 a year in July 2009; master's degree candidates in accounting were offered $49,786 initially.

Wage and salary accountants and auditors usually receive standard benefits, including health and medical insurance, life insurance, a 401(k) plan, and paid annual leave. High-level senior accountants may receive additional benefits, such as the use of a company car and an expense account.

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