1/07/2013

Salary for an accountant

Accountant jobs following requests i.e. activities prepare profit loss statements, prepare for other financial reports and balance sheets. They analyze trends, revenues, financial commitments, etc. The person should have a college degree and specialization in particular subject. The salary of an accountant depends on experience and qualifications.



Preparing budgets, profit and loss statements and other financial reports. Responsibilities also include analyzing trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and costs.



Report your organization's finances to management and offers suggestions about resource utilization, tax strategies and assumptions underlying budget forecasts.



Are essentially divided as accountants, cost Accountants and accountants financial reporting. Their duties are widely described above. Depending on the area of expertise and experience that achieves an accountant, he/she must look into reports by finance and management, resource utilization, fiscal strategies etc.



Cost accountants establish and perform cost accounting methods. Prepare audit costs and cost analysis. They should be familiar with standard concepts, practices and procedures etc.



Financial reporting accountants collect, evaluate and organise finance related data. The report is in accordance with the guidelines of SEC and GAAP. Financial reporting accountants working on proposals concerning company policies.



Their salary depends on several factors, such as country and sector that work experience and education etc. The salary of an accountant with up to two years of experience in the United States is $ 43,905 per year. The salary of an accountant expert having two to five years of experience is $ 52,618 per year. The salary of the accountant tax expert in the United States is $ 58,737 per year.



There salaries are spread over a wide range.Salary of the accountant with minimum work experience 1 year in India may be about Rs. 1, 20.000 per year. This salary is offered in the mega-city of Mumbai. The salary can range from small towns to big cities. The salary of the accountant also matters a lot if you work in the public or private sector.



Salary of an accountant in Canada:



• 0 to 3 years Experience, education: Bachelor's degree: $ 44,890 a year
• Experience from 2 to 5 years education: undergraduate: $ 48,349 to $ 63,519 per year
• Experience with 5 + years education: undergraduate: $ 57,628 a $ 80,472 per year



An Executive's salary accounting in Canada:



Experience 15 + years education: undergraduate: $ 104,424 to $ 134,535 per year



So the information mentioned above should have given a rough idea about the structure of an accountant's salary.

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