ACA qualification attracts £76,200 average salary

The Institute of
Accountants in England and Wales
(ICAEW)’s second career benchmarking survey
of its members conducted by
Robert Half shows
ACA qualified chartered accountants working in business earn an average basic
salary of £76,200 against a typical salary for non-ACA qualified chartered
accountants working in business at £65,000. An ACA qualified chartered
accountant receives an bonus of £21,700 compared with a typical bonus of £4900
for a non-ACA qualified chartered accountant.

ICARW said the average pay packet for chartered accountants with the ACA
qualification working in business continued to reflect the value and
contribution they made in all aspects of business and industry.

For those in the role of chairmen, chief executives and managing directors,
the average salary was £122,400 and the average bonus, £60,000 while finance
managers earned an average salary of £50,200 and bonus of £5800.

For new starters in the profession, the average salary was £48,600 during the
first four years and post qualification compared to an average of £84,300 for
those qualified for 20 or more years.

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