Accountants prepare financial records and ensure their accuracy. They also take responsibility for calculating taxes properly and paying them in a timely manner. Accountants may specialize in public, corporate, or forensic accounting.
A typical day in the life of an accountant might include:
- Assessing financial statements for accuracy and ensuring that they follow local, federal, or international regulations.
- Examining an individual’s or a company’s accounting system to ensure efficiency and adherence to standard accounting practices.
- Preparing reports explaining findings and meeting with upper management to discuss assessments or suggest new accounting methods..
Average Salaries for
Top Pay by Location
These cities have the highest paying median for Accountant
New York, NY
Los Angeles, CA
Salary information is calculated from job seeker profiles and job postings. Both hourly and yearly wages could be reported.
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While the average salary for accountants is $68,000 per year, entry-level jobs can pay as little as $41,000 per year. In contrast, accountants at the peak of their career can expect to make $119,000 or more per year.