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Firm Profile
Public accounting still represents the largest
employer of women accountants.
| Type
of Firm |
1977 |
1996 |
2001 |
| Public Accounting Firm |
42.6% |
37.3% |
41.2% |
| Industry All |
35.7% |
|
|
| Ind. For
Profit |
|
42.2% |
32.4% |
| Ind. Not
for Profit |
|
6.8% |
6.2% |
| Government Agency |
9.2% |
6.2% |
6.9% |
| Educational Institution |
5.6% |
4.0% |
4.6% |
| Other |
6.9% |
3.5% |
8.7% |
| |
100.0% |
100.0% |
100.0% |
Compensation
___________________________
Compensation Analysis
Salary levels for women accountants
have increased substantially since 1977. In 2001, 58% of women accountants reported
earnings over $50,000. This is up from 38% in 1996, and less than 1% in 1977.
| Salary
Range |
| 1977 |
1996 |
2001 |
|
Under $15,000
|
51.3% |
7.0% |
0.0% |
| $15,000 to $24,999 |
39.5% |
7.6% |
1.9% |
| $25,000 to $29,999 |
5.1% |
8.3% |
2.3% |
| $30,000 to $39,999 |
2.9% |
20.6% |
15.8% |
| $40,000 to $49,999 |
0.5% |
18.5% |
21.9% |
|
Over $50,000
|
0.7% |
|
|
| $50,000 to $59,999 |
|
12.5% |
16.8% |
| $60,000 to $74,999 |
|
11.8% |
19.0% |
| $75,000 to $99,999 |
|
7.5% |
13.5% |
|
Over $100,000
|
|
6.2% |
|
| $100,000 - $109,999 |
|
|
2.7% |
| $110,000 - $119,999 |
|
|
1.8% |
| $120,000 - $129,999 |
|
|
2.0% |
| Over $130,000 |
|
|
2.3% |
| |
100.0% |
100.0% |
100.0% |
___________________________
Median Salary
The median
salary has advanced to the $50,000-$59,999 level. This is up from 1996
when the median salary was at the $40,000-$49,999 level.
___________________________
Compensation Analysis
by Job Category
Salary statistics in this chart
are based on responses from across the United States. The salary diversity in
geographic regions is reflected in the salary range listed for each job
category.
| Job
Title |
Average
Salary |
Range |
| Accounting Clerk |
30,662 |
24,000 to
43,000 |
| Budget Analyst |
57,250 |
42,000 to
90,000 |
| CFO/Treasurer |
92,923 |
42,800 to
400,000 |
| Controller |
64,681 |
26,000 to
163,000 |
| Cost Accounting |
65,020 |
36,400 to
85,000 |
| Credit & Collections |
65,333 |
42,000 to
109,000 |
| External Audit |
51,871 |
27,000 to
124,000 |
| Financial Analyst |
71,421 |
40,000 to
200,000 |
| Forensic Accounting |
67,125 |
34,000 to
102,500 |
| General Accounting |
48,235 |
20,800 to
150,000 |
| Public |
50,891 |
22,068 to
150,000 |
| Educational |
32,650 |
20,800 to
55,000 |
| Government |
47,754 |
33,960 to
75,000 |
| Industry |
49,063 |
29,000 to
96,000 |
| Mgr/Owner |
49,522 |
27,600 to
125,000 |
| Not-for-Profit |
43,379 |
31,460 to
74,256 |
| IS Audit |
57,040 |
35,000 to
117,000 |
| Internal Audit |
61,448 |
32,700 to
96,000 |
| Mgt Consulting |
69,379 |
31,000 to
110,000 |
| Other |
66,593 |
12,000 to
225,000 |
| Payroll/AP/AR |
40,480 |
10,100 to
62,750 |
| Tax Accounting/Mgr |
76,607 |
30,000 to
240,000 |
| Tax Accounting/Senior |
44,359 |
30,000 to
94,000 |
| Tax Accounting/2-5yrs |
39,937 |
21,000 to
72,500 |
| Tax Accounting/0-2yrs |
39,195 |
21,500 to
125,000 |
___________________________
Bonus by Job Category
This chart reflects the annual
bonus or incentive amounts actually paid in the previous 12 months.
| Job
Title |
Average
Bonus |
Range |
| Accounting Clerk |
8,625 |
2,250 to 15,000 |
| CFO/Treasurer |
24,547 |
1,500 to 168,000 |
| Controller |
7,064 |
250 to 67,500 |
| Cost Accounting |
5,375 |
1,500 to 15,000 |
| External Audit |
1,896 |
150 to 25,000 |
| Financial Analyst |
14,998 |
200 to 115,000 |
| Forensic Accounting |
5,000 |
1,000 to 11,000 |
| General Accounting |
4,559 |
200 to 35,000 |
| Public |
5,287 |
200 to 35,000 |
| Government |
2,875 |
2,250 to 3,500 |
| Industry |
4,434 |
250 to 35,000 |
| Not-for-Profit |
1,180 |
475 to 1,800 |
| Other |
4,047 |
300 to 12,000 |
| IS Audit |
5,167 |
500 to 10,000 |
| Internal Audit |
3,522 |
750 to 13,600 |
| Mgt Consulting |
18,175 |
1,500 to 60,000 |
| Payroll/AP/AR |
1,850 |
500 to 5,500 |
| Tax Accounting/Mgr-Public |
11,739 |
350 to 80,000 |
| Tax Accounting/Senior-Public |
3,600 |
1,000 to 6,000 |
| Tax Accounting/0-2yrs-Public |
1,260 |
50 to 5,000 |
| Tax Accounting/2-5yrs-Public |
1,613 |
275 to 5,000 |
Experience
___________________________
Level of Experience
Summary
Over 65% of respondents have
ten or more years experience in their field. Only 2.5% of respondents have less
than one year experience.
| Job
Title |
0-1 |
1-3 |
4-6 |
7-9 |
10+
Yrs |
Avg |
| Accounting Clerk |
- |
2 |
1 |
- |
2 |
6.2 |
| Budget Analyst |
- |
- |
- |
- |
4 |
11.0 |
| CFO/Treasurer |
- |
- |
1 |
3 |
47 |
10.7 |
| Controller |
- |
- |
6 |
18 |
110 |
10.3 |
| Cost Accounting |
- |
- |
1 |
1 |
7 |
10.0 |
| Credit & Collections |
- |
- |
1 |
- |
2 |
9.0 |
| External Audit |
7 |
23 |
23 |
9 |
29 |
6.1 |
| Financial Analyst |
- |
- |
2 |
4 |
13 |
9.7 |
| Forensic Accounting |
1 |
- |
- |
- |
3 |
8.4 |
| General Accounting |
5 |
22 |
37 |
20 |
120 |
8.4 |
| IS Audit |
- |
2 |
- |
1 |
2 |
6.8 |
| Internal Audit |
- |
1 |
1 |
4 |
11 |
8.4 |
| Mgt Consulting |
- |
1 |
3 |
3 |
12 |
9.1 |
| Other |
4 |
10 |
12 |
11 |
111 |
9.4 |
| Payroll/AP/AR |
- |
3 |
3 |
- |
11 |
8.3 |
| Tax Accounting/Mgr |
- |
8 |
7 |
86 |
- |
10.3 |
| Tax Accounting/Senior |
- |
2 |
12 |
7 |
22 |
8.4 |
| Tax Accounting/0-2yrs |
6 |
9 |
1 |
2 |
3 |
3.6 |
| Tax Accounting/2-5yrs |
- |
8 |
12 |
- |
3 |
4.7 |
| Respondent Percent |
2.5 |
9 |
13.5 |
9.8 |
65.2 |
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Education Achievements
The surveyed group of professionals is highly
educated. Over 93% of respondents hold a four-year degree. Respondents holding
advanced degrees increased from 14.9% in 1977 to 23.5% in 1996, and to 25.6% in
2001.
| |
1977 |
1996 |
2001 |
| High School |
5.6% |
0.6% |
3.2% |
| Some College to A.D. |
24.2% |
7.2% |
3.8% |
| Baccalaureate Degree |
52.5% |
68.1% |
67.4% |
| Masters Degree |
13.2% |
22.0% |
23.0% |
| Doctorate |
1.7% |
1.5% |
2.6% |
| Unreported |
2.8% |
0.6% |
0.0% |
| |
100.0% |
100.0% |
100.0% |
Member Certifications
Over 64% of respondents have
achieved their CPA certification. In total, 70% of respondents have received
some type of advanced certification.
© 2001 The Educational Foundation for Women in Accounting
All rights reserved.
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