Regular accountants can make anywhere from $33,000 to $49,000 a year for their first few years, according to the American Institute of Certified Public Accountants. CPAs, on the other hand, generally earn 10 percent to 15 percent more off the bat. In many cases, after putting in a few years, CPAs will be earning an additional $20,000 more than their non-certified partners.
As accounting and auditing regulations are becoming more and more strict, the demand for CPAs is rising. The U.S. Bureau of Labor Statistics has predicted that the demand for accountants will continue to grow faster than most occupations through 2018, with CPAs enjoying the best prospects. Some states are even phasing out non-CPA designations like PA, RPA and AP to help meet the demand. Since the market for these jobs is growing, that also means that the positions will be far more stable than most jobs.
As a CPA you would have an advantage over other accountants. Being certified alone will show potential employers that you have high ethical standards, experience, above-average skills and an excellent educational background. Potential employers and clients will be able to see this advantage at first glance of your resume or CV.
CPAs are employed in a wide variety of industries and fields. Accountants with a CPA license can find themselves in every job area from government to sports or entertainment. For example, the FBI alone hires 1,400 accountants, according to the American Institute of Certified Public Accountants' website StartHereGoPlaces.com. aCelebrities and producers hire them often either for themselves or for entire studios.