Persons employed in fields of accounting and auditing can increase their salaries by adding further certification levels onto their base degrees. These fields are forecast to increase in demand by 16% through 2020. Jobs included in accounting and auditing fields include: bookkeeping, accounting and auditing clerks; budget analysts; cost estimators; financial analysts; financial examiners; financial managers; management analysts; personal finance advisors; tax examiners, collectors, and revenue agents; top executives.
The median salary for persons in these fields is $61,690. Accountants and other financial sector workers who advance into management positions can expect to see their paychecks increase substantially, by 31% on average. The most common certification is Certified Public Accountant (CPA), which is required by most accounting firms. A more specialized certification is Certified Management Accountant (CMA). Professionals with CMA certification are able to perform cost management, internal control auditing, decision analysis and forecasting. CMAs are responsible for choosing and maintaining accounting information systems, and they analyze reports generated by those systems.
Learn more in the following infographic by Masters in Accounting.
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