is accounting a really well paid job, how much does an accountant get paid?
Careers & Employment - 14 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yeah, it pays OK but it's sooooooo dull.
Answer 2 :
It depends on the company and your experience. If you have great experience and a generous company you can be making over $50k a year!
Answer 3 :
Fully qualified & with experience, £30k up to an unfeasible amount.
Answer 4 :
It depends upon how many clients you have. My accountant earns a blummin' fortune because he has lots of clients for whom he works.
Answer 5 :
Think it's ok, but not great, try being a Lawyer, they get paid loads!!
Answer 6 :
An accountant gets paid fairly well. Depending on where you are working the salary will vary!
Answer 7 :
dont know much about the job but used to work in an accounts dept & the accountant there was rushed off her feet all day every day. She had to plan hols months upon months in advance & sometimes have to cancel. If you want stress - thats your job. Very good pay though
Answer 8 :
It depends where you work. Some of the accountants in the large London firms get paid very well. You could work your way all the way up to Head of Finance and find your self on £100,000 per year.
Answer 9 :
depending on qualifications and experience up to £45k a year. thats a big chunk of change and one of the reasons im training to be one.
Answer 10 :
mine gets far tooooooooo much money. i even have to pay his flamin petrol bill when he comes to see me. and his lunch expenses. sadly he is very good tho, so you get what you pay for i guess!!
Answer 11 :
Depends on the type of accountant and your level in the company or firm. If you are a CPA for a private firm it can be just like being a lawyer where you can be an associate, partner, et cetera. In that case it depends on the type of clients and the load the company carries. You can make a very god living (6 figures plus) depending on what you do in the field.
Answer 12 :
It varies between £15K and £100K for salaried staff. You can earn more with your own partnership ( but that applies to any profession )
Answer 13 :
My wifes a lawyer and I earn more money so lawyers aren't necessarily paid more
Answer 14 :
Here are the figures from an insider: During 3.5 training contract (also called their grad progam) with a firm (assuming big-four firm i.e. KPMG, PWC, Deloitte, EY 1st yr = £22k in London, lower in other parts of UK, €21k in Dublin 2nd yr = 25K 3rd yr = 32k 4th yr = 37k Once qualified sky is the limit. Excitement starts after qualifying. MORE NUMBERS: If u work within accountancy firm - big four: £48k to 55k +no bonus If u move to investment banking: £48k base + 90% bonus = If u move to corporate banking: £48k base +60% bonus If u move to industry (ie finance dept of big corp like pepsi): 50k base + 20% bonus If u move to private equity (very hard to get into straightway but after 1 year corporate/investmetn banking exp) - £65k + 100% bonus If u didn't make it to the analyst program of an investment bank then ACA is the way to enter to Investment banking. I'll say it's a great qualification as with an ACA from big-four firm u can enter any area or company u want to. Second, international mobility - ACA is recognised in every part of the world, even though many countries have different accounting standards. If u r first time pass-out ACA from big-four firm then it's equivalent to MBA in finance from the best schools like LBS, Insead, Harvard. Reason - an MBA would enter in an investment bank as a third year analyst, so will u. His salary 52k base, ur 48k base. Next year both of u are on similar salary. Also an MBA can't enter all the areas of an investmetn bank but u can. Note that the embedded assumption in above comments is that u passed ur all ACA exams in first time, and training in big-four firm. Overall great qualification.
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