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Do accountants make good money?

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CPAs are in demand across a range of industries. Practically every organization needs public accountants and auditors. Many CPAs also work as Tax professionals or business consultants; their expertise and training ensure that they can command high salaries. Consequently, most companies do their best to retain their Accounting talent by providing regular salary hikes and bonuses. According to a survey conducted by the Association of International Certified Professional Accountants, newly qualified CPA with less than one year of work experience can expect to earn an annual salary of about 66 000. The average salary for CPA based in the United States is 119 000. Those CPAs who have extensive experience of working in Accounting and finance fields can earn substantially more. An individual with 20 years of experience could command an average of 152 000 in annual pay. Its important to remember that these figures exclude bonuses, which could be in the range of 10 % of annual salaries. ...

Top 5 Ways Effective Bookkeeping Drives More Business Smarts

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  How do you currently measure the success of your business? Whether you painstakingly put on the bookkeeper hat and crunch the numbers alone or utilise bookkeeping services in Los Angeles , ensuring you’ve adopted a good recordkeeping habit can help your business realise its goals. So, just how can a financial paper trail aid you in achieving your business dreams? We asked our bookkeeping accounting team to come up with their top 5 and here they are: Account for every dollar you spend Staying in control of your cash flow means you can easily track your supplier/ customer accounts and ensure you make the necessary payments on time. And that’s just the everyday financial management side of things. You also gain invaluable insights into how your business is performing and its current demands. Make smart business decisions With the business knowledge you gain from your bookkeeping, you’ll find it easier to plan ahead and identify opportunities to grow your business in USA ...