BusinessPeople In BusinessUS accountant salaries up by 7%

US accountant salaries up by 7%

Despite fears of recession, US management accountants are doing well.

Despite fears of a recession, a crash in the housing market and a swathe of
job losses, the average salary of US management accountants increased 7% in
2007.

The average annual salary of IMA members rose to $101,805 last year (£51.6m),
according to a survey conducted by the Institute of Management Accountants,
Financial
Week reported
.

Nearly three-quarters of those surveyed reported receiving salary increases
averaging $6,130, up 4.4% from 2006.

Corporate accountants with a certification (CPA or CMA) earned an average of
about 25% more than those without one, Financial Week said.

Survey respondents included internal auditors, treasurers, forecasters and
planners at privately held and public companies, as well as accountants working
at not-for-profit and academic institutions.

Further Reading:

Read
the Financial Week story

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