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Accounting is a necessity around the globe in a variety of fields, and as such, accountants are always in demand. The median annual wage for an accountant is well above the national median average for occupations.
Discover earning potential in the field of accounting According to 2020 data from the Bureau of Labor Statistics, the average annual salary for accountants and auditors is $81,660 per year ($39.26 per hour). Starting pay rates can vary based on location, education, and experience.
The average salary for an accountant in Puerto Rico is around $32,770 per year.
Intern or volunteer. Internships and volunteer opportunities can be a way to build your resume when you are starting your accounting career. Consider looking for these kinds of opportunities after or during your accounting education. Sometimes, unpaid positions can convert to paid positions upon program completion.
While accounting does require a complex set of skills and abilities, as well as excellent attention to detail, it really isn't any more difficult than many of the other popular fields of study that lead to excellent lifelong career opportunities.
Accountant Requirements:Bachelor's degree in Accounting or related field.More education or experience may be preferred.Special licenses or certification may be required.Strong analytical, communication, and computer skills.Understanding of mathematics and accounting and financial processes.Ethical behavior.More items...
How to get an accounting jobEarn a bachelor's degree in a related field.Specialize.Decide between becoming a CPA or an accountant.Pass the CPA exam.Look for campus recruiting programs.Ask your college professors.Network both offline and online.Use major job websites.
Recent data indicate that the hiring of accounting and finance professionals is trending upward, and that isn't expected to end any time soon.
Job OutlookEmployment of accountants and auditors is projected to grow 7 percent from 2020 to 2030, about as fast as the average for all occupations. About 135,000 openings for accountants and auditors are projected each year, on average, over the decade.
Top 10 Highest Paying Accounting Careers1) Financial Controller.2) CMA (Certified Management Accountant)3) Chartered Accountant.4) Bank Branch Manager.5) CGA (Certified General Accountant)6) Senior Accountant.7) Financial Analyst.8) Credit Supervisor.More items...?