Increase your salary by up to 15% with a CPA License.
By passing the CPA exam & becoming licensed in your region, you officially become a Certified Professional Accountant. The CPA designation is one of great prestige in the industry but that alone is not what drives accountants to get certified. It’s all about the money.
While the average salary for accounting professional varies depending on your circumstances (age, firm size, location, etc.), one statistic remains constant:
Accountants with their CPA license make 10-15% more income!
Over the course of a 40-year career, a CPA license could earn you an additional $1,000,000 in salary. Also, not only do CPAs take home bigger salaries – up to $130,000 a year, according to the IMA – but they also bring in more money for their firms. Why? Well, CPAs bill 68% more than non-CPA holders.
Our CPA salary infographic below compiles several trustworthy accounting resources, all which indicate that having a CPA license garners a 10-15% increase in your salary & potential income. Check it out.