Why become a certified public accountant in the US?
Pursuing a career as a certified public accountant (CPA) offers a wealth of opportunities in the dynamic field of accounting and finance. This profession not only provides financial stability but also presents a clear pathway for continuous growth and advancement.
High earning potential
CPAs generally earn higher salaries compared to non-certified accountants. The credential can lead to lucrative job opportunities and career advancement.
Robust job outlook for CPAs
The demand for CPAs remains consistently strong. The U.S. Bureau of Labor Statistics (BLS) projects a 6% growth in employment for accountants and auditors from 2023 to 2033, outpacing the average for all occupations. This equates to approximately 130,800 job openings annually, driven by factors such as globalization, economic expansion and the increasing complexity of financial regulations.
Job security
Accounting is a stable and in-demand profession. Businesses and individuals always need financial expertise, ensuring a steady demand for CPAs.
Industry growth and profitability
The accounting sector has demonstrated significant financial growth. In 2023, the revenue of accounting services in the United States reached $147.5 billion, reflecting a steady upward trajectory since 2013. This expansion underscores the essential role CPAs play in various industries, ensuring compliance and providing strategic financial guidance.
Diverse career opportunities
A CPA designation opens doors to a multitude of career paths. CPAs can specialize in areas such as financial forensics, business valuation, personal financial planning and IT consulting. Roles are available across public accounting firms, corporate finance departments, government agencies and nonprofit organizations. This diversity allows professionals to align their careers with their interests and expertise.
Continuous professional development
The accounting profession is evolving, especially with technological advancements like artificial intelligence reshaping traditional practices. CPAs are encouraged to engage in lifelong learning to stay abreast of industry trends and maintain their competitive edge. This commitment to professional development ensures that CPAs can adapt to changes and seize emerging opportunities within the field.
What can you earn as a CPA in the US?
Your earning potential as a CPA is high dependent on several factors, namely:
- The type of firm you work in – naturally CPAs in top firms earn more than those in regional or boutique organizations.
- Your level of experience.
- Your locale – CPAs in tier one cities like New York, Los Angelese and Boston will naturally earn more than people working in smaller cities and towns.
If you would like a more detailed breakdown of salaries, with real life examples, download our latest salary guide for CPAs in the US.
How SR Staffing can help you advance your CPA career
A career as a CPA opens doors to diverse opportunities in accounting, finance, and strategic advisory roles. Whether you aspire to specialize in audit, tax or financial management, obtaining your CPA designation positions you as a trusted expert in the field.
If you’re looking for your next CPA opportunity, explore our latest accounting and finance roles. Alternatively, if you’re seeking to hire a skilled CPA for your organization, submit a brief and a member of our team will be in touch.
