Chartered Accountants are on Top of the Salary Ladder

Chartered accountancy has managed to stay put on top of all other professions, as far as remuneration is concerned. This time, the survey of around 10,000 chartered accountants in New Zealand was made, which proved that the average earning capacity for these professionals was around $140,000!

With the recession and the unstable economy notwithstanding, the attrition and layoff percentage for chartered accountants around the world was one of the lowest in the industry – a big initiating point for people wishing to carve out a career from this niche profession.



The trend is similar for chartered accountants in London or New York, as they were the top gainers as far as salary increase is concerned – almost 14% over the year. With the fact that the unstable economy has been slowly coming off its hinges of late, the need for chartered accountants to set financial records straight and find a way out of the monetary chaos has only rocketed in the last couple of years. Companies like PriceWaterHouse Coopers and allied firms have made the most profits, although some have come under the scanner for being inconsistent with their audits.

So while chartered accountants bask in the glory of high pay, job security and corporate stability, it is time that smaller firms realized the potential importance of these professionals. Only a year or two ago, people thought of honest audits as a sign of a fallen firm. The scenario has turned 1800 of late, and you can’t really blame the chartered accountants to ask for the pay they deserve!