Anonymous wrote:My CPA's husband is a commercial welder. He makes a lot more money than she does.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:CPA was the pursued degree of the 1980s but no longer the golden ticket to $$. Yes, some senior level CPAs (think comptrollers, CFO, finance directors) can earn good $$ BUT most CPAs today DO NOT earn that much. Other CPA who earn high $$ own their own boutique firms. I know so many who will take a temp job just to get foot into the door and then aspire to earn $120K max. The higher level jobs with corresponding high $$ comp are few and far in between - the exception, not the norm.
I’m a CPA and many CPAs I deal with clearly studied to pass the test and don’t actually have the analytical skills and knowledge to do their jobs that well. I am a higher paid CPA. I wouldn’t recommend going into it at 40+. It takes years to develop the job experience and knowledge.
So glad you posted this. I am 47 years old with a masters degree in math. I currently work as a data specialist for the MTA in NY. I make less thank 100k in NYC.
I was thinking of changing to anything. I first got excited when someone posted that for $13k you can complete all required courses online in 1 semester and summer. Then your post gave me a reality check. This is one for old folks like us trying to change career.
Have you considered earning a master's degree in AI/ML ? High demand & much better pay than you are currently earning.
Your reluctance to answer the basic questions that I have asked is concerning. Are you serious about making a career change ?
How do you survive in NYC on less than $100, 000 per year ? (Assume that you are in a dual income producing relationship.)
A first year accounting graduate (age in early 20s) at a Big 4 accounting firm in NYC should make a base salary of around $100,000.
Do you mean a first year worker who has a bachelor's degree in accounting in a big 4 firm in NYC actually make a base salary $100K? Can anyone confirm?
Probably a little less. My ds is a 2nd year cpa with b4 and makes close to six figures.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:CPA was the pursued degree of the 1980s but no longer the golden ticket to $$. Yes, some senior level CPAs (think comptrollers, CFO, finance directors) can earn good $$ BUT most CPAs today DO NOT earn that much. Other CPA who earn high $$ own their own boutique firms. I know so many who will take a temp job just to get foot into the door and then aspire to earn $120K max. The higher level jobs with corresponding high $$ comp are few and far in between - the exception, not the norm.
I’m a CPA and many CPAs I deal with clearly studied to pass the test and don’t actually have the analytical skills and knowledge to do their jobs that well. I am a higher paid CPA. I wouldn’t recommend going into it at 40+. It takes years to develop the job experience and knowledge.
So glad you posted this. I am 47 years old with a masters degree in math. I currently work as a data specialist for the MTA in NY. I make less thank 100k in NYC.
I was thinking of changing to anything. I first got excited when someone posted that for $13k you can complete all required courses online in 1 semester and summer. Then your post gave me a reality check. This is one for old folks like us trying to change career.
Have you considered earning a master's degree in AI/ML ? High demand & much better pay than you are currently earning.
Your reluctance to answer the basic questions that I have asked is concerning. Are you serious about making a career change ?
How do you survive in NYC on less than $100, 000 per year ? (Assume that you are in a dual income producing relationship.)
A first year accounting graduate (age in early 20s) at a Big 4 accounting firm in NYC should make a base salary of around $100,000.
Do you mean a first year worker who has a bachelor's degree in accounting in a big 4 firm in NYC actually make a base salary $100K? Can anyone confirm?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:CPA was the pursued degree of the 1980s but no longer the golden ticket to $$. Yes, some senior level CPAs (think comptrollers, CFO, finance directors) can earn good $$ BUT most CPAs today DO NOT earn that much. Other CPA who earn high $$ own their own boutique firms. I know so many who will take a temp job just to get foot into the door and then aspire to earn $120K max. The higher level jobs with corresponding high $$ comp are few and far in between - the exception, not the norm.
I’m a CPA and many CPAs I deal with clearly studied to pass the test and don’t actually have the analytical skills and knowledge to do their jobs that well. I am a higher paid CPA. I wouldn’t recommend going into it at 40+. It takes years to develop the job experience and knowledge.
So glad you posted this. I am 47 years old with a masters degree in math. I currently work as a data specialist for the MTA in NY. I make less thank 100k in NYC.
I was thinking of changing to anything. I first got excited when someone posted that for $13k you can complete all required courses online in 1 semester and summer. Then your post gave me a reality check. This is one for old folks like us trying to change career.
Have you considered earning a master's degree in AI/ML ? High demand & much better pay than you are currently earning.
Your reluctance to answer the basic questions that I have asked is concerning. Are you serious about making a career change ?
How do you survive in NYC on less than $100, 000 per year ? (Assume that you are in a dual income producing relationship.)
A first year accounting graduate (age in early 20s) at a Big 4 accounting firm in NYC should make a base salary of around $100,000.
Do you mean a first year worker who has a bachelor's degree in accounting in a big 4 firm in NYC actually make a base salary $100K? Can anyone confirm?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:CPA was the pursued degree of the 1980s but no longer the golden ticket to $$. Yes, some senior level CPAs (think comptrollers, CFO, finance directors) can earn good $$ BUT most CPAs today DO NOT earn that much. Other CPA who earn high $$ own their own boutique firms. I know so many who will take a temp job just to get foot into the door and then aspire to earn $120K max. The higher level jobs with corresponding high $$ comp are few and far in between - the exception, not the norm.
I’m a CPA and many CPAs I deal with clearly studied to pass the test and don’t actually have the analytical skills and knowledge to do their jobs that well. I am a higher paid CPA. I wouldn’t recommend going into it at 40+. It takes years to develop the job experience and knowledge.
So glad you posted this. I am 47 years old with a masters degree in math. I currently work as a data specialist for the MTA in NY. I make less thank 100k in NYC.
I was thinking of changing to anything. I first got excited when someone posted that for $13k you can complete all required courses online in 1 semester and summer. Then your post gave me a reality check. This is one for old folks like us trying to change career.
Have you considered earning a master's degree in AI/ML ? High demand & much better pay than you are currently earning.
Your reluctance to answer the basic questions that I have asked is concerning. Are you serious about making a career change ?
How do you survive in NYC on less than $100, 000 per year ? (Assume that you are in a dual income producing relationship.)
A first year accounting graduate (age in early 20s) at a Big 4 accounting firm in NYC should make a base salary of around $100,000.
Anonymous wrote:To be blunt, your lack of a more detailed description of your experience, duties, responsibilities, and qualifications suggests that, even though holding either an MBA or a master's degree in match--by have posted both, that your current position is more akin to being a clerk rather than in a professional position.
Accounting positions in cyber security pay well. Tax, systems consulting, and more than a dozen other options exist at large accounting firms for newly degreed accountants. Many positions start at or above $120,000 plus bonus and may also offers relocation if necessary.
The individual who posted that some CPAs strive to earn $120,000 per year must be in an unsuccessful/barely successful tiny accounting practice. (Note: Small accounting practices can make big bucks--several hundred thousand a year.)