When you earn your CPA, you gain access to a variety of opportunities to advance your career. Depending on your area of specialization, you may be able to work at large accounting firms like the Big Four or even internationally-recognized companies in sectors experiencing growth, such as financial technology or software. These factors can lead to higher salaries and a more rewarding career overall.
According to a report from Robert Half, starting CPA salary ranges can vary widely based on location, industry and level of experience. In general, larger accounting firms tend to pay more than smaller ones, and specialized roles within the field can also impact CPA salary ranges.
For example, many people who start their careers at the Big Four (Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers) can expect to earn significantly more than those who work at smaller regional or local firms. This is because the Big Four have more resources, employees and clients to serve, so they can afford to pay a premium for high-quality talent.
Moreover, obtaining a master’s degree in accounting can also make it easier to pass the CPA exam. This can increase your earning potential because you will be in a better position to take on senior management positions, which often pay six-figure salaries or more. CPA salary range