Average Salary of CA in the USA 2024

A degree or certification course plays a huge role in getting a certain salary as a CA in USA. Generally, people with higher education qualifications tend to get higher salaries comparatively. Below is the classification of the average salary of a Chartered Accountant in USA according to their educational qualification.

Diploma in Accounting or Finance: Between $30,000 and $65,000 per year

Bachelor’s Degree: About $45,000 to $129,000 annually

Master’s Degree: Between $50,000–150,000 annually.

Doctorate or PhD: The average salary of an Indian CA in USA after pursuing a PhD highly depends on the specialisation you have done.

However, candidates with PhD degree tends to take high positions in companies, such as Chief Financial Officer and Chief Tax Officer, resulting in a salary above 1,50,000 USD per year.

Here is a quick distribution of the Salary of a CA in USA based on work experience:

Pursuing a certification course along with a CA will help you showcase your skills and enhance your CV leading to higher salaries.

CAs in major metropolitan areas tend to earn more than their counterparts in smaller towns or rural areas. Here are the top cities which have a huge demand for Chartered Accountants in USA:

Some of the job roles for which you can apply as a chartered accountant in USA are:

• Staff Accountant

• Senior Accountant

• Audit Manager

• Tax Accountant

• Chief Financial Officer (CFO)

• Accounting Manager

• Investment Banker

• Financial Planner

• Budget Analyst

• Chief Tax Manager

Various companies in USA look for candidates with Chartered Accountant degree. However, few companies tend to pay higher salaries to CA in USA. Therefore, here is the list of some of the best recruiters for Chartered Accountants in USA:

• KPMG

• Deloitte

• EY (Ernst & Young)

• PwC (PricewaterhouseCoopers)

• EisnerAmper

• Baker Tilly

• Grant Thornton

• BDO USA LLP

• Allinial Global

• RSM US LLP

• Crowe

• BPM

• CBIZ MHM LLC

Chartered Accountants in the USA play a vital role in maintaining the financial integrity of businesses and organisations. However, their salaries are influenced by various factors, including location, experience, industry, education, and company size. While we can project potential salary ranges, it's important to remember that these figures are subject to change based on economic and industry dynamics. Aspiring CAs should focus on gaining valuable experience, pursuing relevant certifications, and staying updated with industry trends to maximise their earning potential in this ever-evolving field.

Hope you found this blog informative and insightful. Moreover, if you are looking for further guidance regarding studying in the USA and securing jobs there, we encourage you to have a word with our team of expert counsellors at Meridean Overseas Education Consultants (MOEC). If you are unable to travel to our offices, we offer online counselling services via our website. Our dedicated counsellors will provide you with the best guidance regarding your application to study in USA. Apart from this, our expert counsellors will also provide assistance in the visa process for your successful study abroad journey. Don't hesitate to contact us at application02@meridean.org or call us at 1800-1230-00011.

Q: What is the average salary of a CA in the USA in 2024?

A: The average salary of a CA in the USA in 2024 can vary based on location, experience, education qualification, and the specific industry. However, on average, it is expected to be in the range of 90,000 USD to 1,15,000 USD per year.

Q: What is the starting salary of a CA in USA?

A: The starting salary of a CA is somewhere between 50,000 USD to 70,000 USD per tear. The rest depends on your skills and education qualifications.

Q: How does the salary of a CA in the USA compare to other accounting professionals?

A: CAs generally earn a higher average salary than professionals with other accounting certifications, such as Certified Public Accountants (CPAs) or Certified Management Accountants (CMAs).

Q: Which states in the USA offer the highest salaries for CAs?

A: States with major financial hubs, such as New York, California, and Illinois, tend to offer higher CA salaries. However, the cost of living in these areas may also be higher.

Q: Do CAs with additional certifications or qualifications earn more?

A: Yes, additional certifications or qualifications, such as a Master of Business Administration (MBA) or a Certified Financial Analyst (CFA) designation, can lead to higher earning potential for CAs.