By University of Phoenix
As of May 2021, salaries for accountants ranged between $47,970 and $128,970, according to the U.S. Bureau of Labor Statistics (BLS). This profession is projected to grow 6% between 2021 and 2031, according to BLS.
The salary range for private accountants can vary greatly due to the vast array of businesses and industries that need highly trained financial professionals. That’s why it’s important to research where private accountants are in high demand.
Salary ranges are not specific to students or graduates of University of Phoenix. Actual outcomes vary based on multiple factors, including prior work experience, geographic location and other factors specific to the individual. University of Phoenix does not guarantee employment, salary level or career advancement. BLS data is geographically based. Information for a specific state/city can be researched on the BLS website.
Whether you plan to launch your own company, become an entrepreneur or grow in your current career, private accountants have various options for their career paths. They may become accounting managers, cost accountants, auditors or tax managers for a company, for example. As leaders in their industry, private accountants use their diverse knowledge and business communication skills to enhance, sustain and maintain a business’s financial ecosystem.