October 1998 Issue


A recently published survey by Money magazine of salaries by career showed that only executive secretaries ($32,500), registered nurses ($36,600), and TV reporters/correspondents ($23,000) make less than certified public accountants ($37,500). These comparisons are based upon the national median salary for an experienced, mid-level professional in each field. The Money survey also presented the salary ranges for nine cities; in most of them, the CPA salary was also higher than that of the social worker and special education teacher.

Categories with salaries that were higher than CPA included college professor, computer system analyst, dentist, electrical engineer, executive chef, human resources manager, lawyer, mortgage loan officer, public relations manager, and management consultant.

If the survey is representative of the true salary picture, it is no wonder CPA firms are finding themselves with severe shortages of talent. The CPA credential should be worth more ... shouldn't it? *

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