Salary and demand
CPA designation means bigger bucks
Take the time to earn your CPA license and you could earn lots more money, according to a new salary survey.
The survey from the Institute of Management Accountants found that professionals with a CPA license or the Certified Management Accountants (CMA) designation earn substantially more than those without.
The average total compensation in 2010 for both is $135,695 — $27,000 more than those without certification.
More good news – survey respondents in their 40s and 50s reported increased salaries and compensation of $14,275 over those not certified.
And the good news just keeps coming! The professionals with both a CPA and a CMA designation had an even greater salary differential, averaging $35,700 higher than those without any designations.
A CPA license sounds even better now, doesn’t it? To help you prepare, check out the following resources: