The 5 Types of Accountants 

I am a CPA. Never, never turn down bookkeeping work. Never. And demand top dollar for it. Always promote the benefits to your client to having a CPA do the bookkeeping and tax work for the sake of accuracy and monthly tax planning. If you wean your clients while marketing, and can achieve 50 clients at $500 a monthly plus Management Advisory Services, tax planning and tax fulfillment, you can make well over $400K a year.

Salaries are way off unless this was made in 1997, not 2017. I'm a controller and make $105k annually. I don't know any controllers in my industry who make under $85k a year Most mid-level accountants/financial analysts also typically make from $60k-$75k a year.

I know this is just content but these salaries are off. There are a few positions he left out as well. Just remember location makes a big difference. An Accountant/Staff Accountant is pretty (entry level) and is usually $45-65K. A Senior Accountant/Accounting Supervisor (mid-level/entry level management) is typically $60-80K. An Accounting Manager/Finance manager/Assistant Controller (mid-level management) is somewhere in the $80-100K range. A Controller (Senior-level management)can be $85-125K and CFO (Executive-level management) $100-250K. Which title you hold depends on the industry, location and whether the company is publicly traded mat matter as well. Most people who have CPA's or MBA's can be any of these but they are usually after the entry level titles. Auditors are not even the same thing. They don't even deal with anything other than reviewing the information after the fact. They are mostly theory, no practical application. I hope this doesn't come across as negative but I have been around for about 12 years and I started form the bottom and I also analyze payroll so I get to see everyone's pay.

GREAT overview! Plan on using in my Financial Accounting class this fall as an introduction to the profession!! I can talk about it until I am blue in the face. Having come from the Big 8 (now Big 4) and starting a number of businesses I have lots of experiences to share. But you, the "expert", defined as being over 50 miles away and presenting intelligent content, will help inspire my students. Thank YOU!!!

I appreciate how you explained this topic, Eddy.

Really eye opening video.

Five Types: 1. Bookkeeper 2. Accountant 3. Controller 4.CFO 5. CPA

This is a great video with valuable content. Thank you.

I’m in college right now working on becoming a CFO and this boosted my confidence as I know I’m someone who views everything and takes look into minor details as well as major details and planning out things would really fit me as a person

CFO STARTS from 200k. Not 75k. And accountant with 3 years of experience can make more than 75k now a days.

that's great explanation for the accounting role, very clear, I am doing the bookkeeping work for long time and want to go the second level as accountant, what kind of qualifications I supported to have for this role? and as I am in the accounting field and where are the good place to do the practice for the career I mean good company to work.

Just because you are so very thoughtful.

Thank you John C. Brose.

THANK YOU FOR SHARING

Where did the salary figures come from? Sounds like earnings from my grandpa's days. Here is industry accounting salary in Australia(Sydney and Melbourne) as at 2022, and based on your experience you can expect to earn within the range given below. Bookkeeper salary range is $40k-55k (minimum hold certification in bookkeeping ) Junior accounts staff salary range: $50k-60k (hold certificate IV or diploma in accounting and mostly experience) Accountant salary range: $60k-70k (bachelor's degree in commerce/business and majoring in accounting) Senior accountant salary range:$70k-80k (minimum 3 years work experience) Accounts payable/receivable team leader: $70k-90K (depends if teams get too large then this roles is created) General Accounts Manager: $80k-105k (salary depends if studying towards completing CPA/CA or has already completed, the size of the organization and yrs as a manager) Senior manager/financial director: $100k-125k (based on the size of the company and growth) Assistant Controller: $125k-150k ( depends on the company size and the performance of a company in comparison to pervious year) Controller: $150k-$400k (based on company size and annual company growth) CFO role is completely different from Controller thus it is hard to become one as a controller. The most effective route is through FP&A. Most of the CFOs in AU earn within $250k to $800k but in a well established company or top 500 fortune companies it can go up to $4million.

I want to become an accountant even more now

You are great!

Great content and presentation

These are helpful. I'd like to see more about how to book keep for a small business. Sometimes I'm struggling to know if I'm doing things right or making stuff up. lol help please

Great video I'm in school and I'm gaining knowledge from RU-vid

I need some help to clear my doubts on Basic accounting like Bank Reconciliation statement, Suspense account, Fictitious asset, Accumulated depreciation, Bad debts, Provision for doubtful debts, Accounting ratios, Accrual entries, Concepts or principle of accounting, VAT calculation, cost and revenue, cash flow statement, Unearned revenue or deferred revenue, Contingent liabilities. Thank you.,

Back in the day and age of older styles of life and what ever it meant to some and other's whom knows.

A few or so Third Party Management systems that i have been threw, so here we are today. 101

If you have an ACCA certification, where do you stand?

as a person without any finance or business background I didn't really understand this. I think if you used real life examples like 'a fashion brand hires an accountant to do xyz, this is how it helps them'

Signing Authority for RBC in Dryden Ontario? Is this really true or was it really true? Well, yes it was absolutely correct.

What about CMA?

What does a junior accountant/bachelor's degree in accountancy earn?

What about someone that can do the job of a controller but isn't a certified accountant... how much can they make?

After watching this video my main question would be, do I need to hire a firm to do CPA and controller work? Is it common practice for a CPA to handle the controller work as well?

Hello sir.. Can introvert person become an accountant.. 🤔🤔

Where does management, cost and corporate accountant fits?

I have a bachelor degree in accounting. As a fresh graduate, should i apply for bookkeeper position first, or i can straight away apply to accountant position. Which is a more proper way to start my career with no working experience.

What do actuaries do to liven up their office party? Invite an accountant. When does a person decide to become an accountant? When he realises he doesn't have the charisma to succeed as an undertaker.

hey man where is cma?

Cost accounting?

The best = ACCA & ICAEW

Sir I'm interested to doing accounting job.what to do

How about Icaew(ACA) or CIMA???? Pls if info grew tfiul to u???

Ain't no segregation of duties in small companies lol, in a small company. Hire a CPA, they will do your accounting and projections and keep you up to date on FASB.

Do accountants need to go out and meet the clients?

The sad thing is that CPAs don't know the basics of bookkeeping;. hence, they almost always mess up an accounting system

the job for the process that oversees the whole accounting system is called the?

can i be an account for my own business, if i'm certified of course?

In Russia it is all done by one person🤭

How can i became accountant while studying Bed degree at Ukzn, Please help i want a B com Accounting

music is distracting

30-60k for an accountant. lmao maybe a jr in college

Doing my bachelors degree in accounting at the moment, I’m half way done and have a pretty good gpa (3.8) but I’m scared I’ll be a bad accountant. It’s not because you have good grades that you’re good at what you do... especially since I basically learn most of the practice numbers by heart... way too much information to know in such little time... I just hope I don’t end up sucking :/

SAIPA

This is ridiculous. Financial Controller must be a qualified accountant with atleast 3-5+ post qualification experience and not a bachelor or masters degree holder. This information is just funny.

This is outdated information even for 2017. Bookkeepers, are more than ever before, technology specialists. And not all bookkeepers are created equal.

Why not indian chartered accountants

lol

Salaries are wrong

best tipp is to outsource those guys and pay like a fraction of what they might cost. praise the 3rd world countries hahahah

This is not accurate

Very wrong information.

Under the last of the 5 types of accountants he describes CPA's as the TAX "GUY". You must be kidding. In this day ? I've been a consultant for 45 years, the first 5 I spent the whole month of November every year attending the AICPA TAX INSTITUTE at the Waldorf in NYC. I am 76 now, retired, and back when I was in my 30's, 1,000 CPAs attended, 999 Male and me. Yes, I was the one and only female attending. Today, the best CPA's are female in my opinion. Shame on this speaker. Really an ignorant person.