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Certified Public Accountant (CPA) Salary in

How will Certified Public Accountant (CPA) impact your salary in New York, NY?

The average salary for someone with a Certified Public Accountant (CPA) in New York, NY is between $84,492 and $554,600 as of October 29, 2021. Salary ranges can vary widely depending on the actual position requiring a Certified Public Accountant (CPA) that you are looking for. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Why get a Certified Public Accountant (CPA)?

Certified Public Accountant (CPA) is a statutory title of a qualified accountant and functions as a license that allow the holder to provide accounting services to the public. All CPA's are accountants, but not all accountants are CPA's.
The CPA designation distinguishes a professional with extensive education, experience, and high standards. CPA's may often perform audits, advise on taxation matters, investigate fraud, and/or conduct business valuations. Licensing requirements may vary slightly by each state.
There is only one CPA license. However, many CPA holders obtain additional credentials that indicate expertise in certain specialized areas of Accounting.
For example, a Forensic CPA may hold a Certified Fraud Examiner (CFE) certification and concentrate on anti-fraud investigations and auditing activities. Forensic CPA's use skills to collect and analyze data that is sometimes hidden to uncover many types of fraud such as money laundering, securities fraud, and embezzlement. These CPA roles are typically found in law enforcement, governmental agencies, banking, and insurance.

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Maintains financial records and ensures that financial transactions are properly recorded. Ensures the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger. Prepares complex balance sheets, profit and loss statements and other financial reports. Analyzes current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. May supervise and guide lower-l... View job details

Alternate Job Titles: Financial Accountant IV | General Accountant, Team Leader | Specialist Accountant | Specialist/Project Lead Accountant | Staff Accountant IV

Maintains financial records and ensures that financial transactions are properly recorded. Ensures the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger. Prepares complex balance sheets, profit and loss statements and other financial reports. Analyzes current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. Supervises and guides the work ... View job details

Alternate Job Titles: Accounting Operations Director | Director of General Accounting | Financial Accounting Director

Directs the establishment and implementation of an organization's accounting policies and procedures. Has overall responsibility for assigned accounting operations and systems as well as associated analysis and report preparation. Leads and directs accounting professional and support staff through subordinate managers. Requires a bachelor's degree. May require CPA certification. Typically reports to the CFO or top management. Manages a department... View job details

Alternate Job Titles: Accounting Operations Manager | Financial Accounting Manager | Manager of General Accounting

Manages various accounting functions including ledger maintenance, accounts payable, accounts receivable, revenue and asset accounting, as well as associated analysis and reporting. Evaluates and makes improvements to accounting processes while ensuring that practices comply with organization accounting policies and applicable laws and regulations. Leads and directs accounting professional and support staff, including subordinate supervisors. Req... View job details

Alternate Job Titles: Accounting Operations Director | Director of General Accounting | Financial Accounting Director

About Certified Public Accountant (CPA)

Does having a CPA certification make a difference in pay and career progression?

CPA starting salaries are generally at least 10-15% higher than non-CPA accountants. Salary differentials may be even higher for positions in public accounting firms. Career opportunities are definitely enhanced by having a CPA. Studies have shown that over the course of a career, the average CPA will earn $1 million more that non-CPA counterparts.

Who grants the CPA certification?

The AICPA, American Institute of CPA's, is a professional organization for the accounting profession. AICPA is responsible for develops the content of the CPA exam and provides oversight of the grading. AICPA develops accounting and ethical standards and monitors and enforces compliance of CPAs.

What are the requirements for a CPA Certification?

There are 3 specific requirements that must be met to be granted the CPA:
1. Passing the Uniform Certified Public Accountant Examination, that is set by the American Institute of Certified Public Accountants (AICPA) and administered by the National Association of State Boards of Accountancy (NASBA).
2. Completion of 150-semester units of a college education. (Generally 30 hours more than a bachelor's degree) Many schools offer a 5-year combined bachelors and master's degree to meet the 150-hour requirement, but a master's degree is not required.
3. One year of accounting experience. (Some employers will pay the costs associated with taking the exam)

What preparation is recommended for the CPA exam?

The CPA exam is a difficult one that is taken in four, four-hour testing sessions, so study and preparation are essential.
The CPA Exam Blueprint, provided by AICPA, is a document that details what to expect in the exam and includes an outline of the content, sample questions, and definitions of the skills that will be tested. Because tax laws and regulations may change, there are also periodic updates that are published in the AIPCA Policy on New Pronouncements. This should be included in the preparation as it will reference new content being added to the exams.
Candidates for the CPA are allowed 18 months to complete all four exams. It is generally recommended to sit for the exam as soon as the requirements are fulfilled and to complete the testing within 12 months. There are many CPA review courses available and employers often will pay for these courses. Various review and prep courses are offered by different vendors, however the AICPA does not run or endorse any of these courses.

How much does it cost to obtain CPA certification?

Overall, expect to pay around $3,000 to obtain the CPA!
A review course on average will cost around $1,500. Application fees for the exam may differ by state but average between $50 and $200. The exam fees also vary by state and are charged by each of the four sections, the current cost is around $193 per section. Then there are the registration fees, which may be paid as you register for each section, but are only good for 6 months. This means if you sign up for all 4 sections at once, you must site for those 4 exams all within 6 months. It is recommended to sign up for only one exam section at a time. The cost for a single section is around $65. Most states also require an ethics exam be taken after the CPA exam has been completed. The cost of the ethics exam is between $150 and $200 and includes a study guide. Finally, there is the license fee payable to the state you will be licensed in. Fees vary by state and can be between $50 and $500 and must be renewed annually.
Similar to too many other certifications, there is a requirement for continuing education to keep the certification current. These costs may vary, but a general estimate is roughly $1,000 per year. Depending on your employer's policy, some or all of this cost might be covered.

Certified Public Accountant (CPA) Jobs

Robert P Russo CPA PC - New York , NY

Seeking Accountant, preferably a CPA, with at least 8 years experience with focus on tax advisory and compliance work, to join growing CPA firm that specializes in small businesses and real estate ...

LinkedIn - 12 days ago

Adam Shay CPA - Jersey City , NJ

Senior Tax Associate Job Advertisement Adam Shay CPA is currently seeking a Senior Tax Associate to do all the normal stuff you'd expect from a CPA position (prepare entity and individual tax returns ...

CareerBliss - 4 days ago

Fylstra & Associates, LLC - Allendale , NJ

Specializing in not for profit auditing and seasonal tax preparation, we are a small CPA firm seeking a full or part time accountant/CPA/CPA Candidate who has had experience preparing taxes and ...

LinkedIn - 7 days ago

Goldgrab CPA , PLLC - Lynbrook , NY

We are growing accounting firm seeking a CPA with five or more years experience in accounting with an emphasis in the preparation of tax returns for individuals and partnerships. Audit experience in ...

LinkedIn - 13 days ago

World Business Lenders, LLC - Jersey City , NJ

... * CPA designation * 2-3 years' general accounting experience and demonstrated technical accounting knowledge. * Experience with Sage GL and AP is preferred, but not required. * Proficiency in MS ...

LinkedIn - 19 days ago

Rosedale, Drapala & Sforza CPAs - Wantagh , NY

The Staff Accountant or CPA will be expected to serve as the principal contact for most engagements they are assigned and will be primarily responsible for all services performed on these engagements

LinkedIn - 13 days ago

About New York, New York

The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 M...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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