Degree Plan TESU BSBA in Accounting

[freeloader]

By the way,  could anyone be kind to tell me average income for CPA. I do ask average since it will vary for many reasons.  I dont think income reported on usual salary websites reflects full picture.

The Bureau of Labor Statistics (part of the federal government) says the average income for “auditors and accountants” is around $74,000/year.  

What you will find is that there is a HUGE range for accountants’ salaries. There are accountants (usually not CPA, but people with an accounting degree) working basically as bookkeepers who earn 30,000-40,000 per year, especially in smaller towns and lower cost of living areas. Same things for people who work as accounting “clerks” and “technicians” in small companies, non-profits, etc, make that or a little more. On the other end of the spectrum, the partners in Big 4 accounting firms can make hundreds of thousands of dollars per year. Of course, the partners in Big 4 firms represent a very small part of the accounting profession and it takes years of hard work, sacrifice, and some good luck to get there. 

If you end up earning your CPA, have a few years of experience under your belt, and particularly in a higher cost-of-living area like NJ, you should definitely expect a high 5-figure to low 6-figure salary. More than that if you are willing to sacrifice more of your life to your job and have the ambition.  Also, if you have a lot of connections and can help drive business to your firm (especially in smaller to mid-sized firms), that is also very helpful to your career.