What Accountancy Involves

Accountancy

What starting salary do accountants have?
The starting salary of an accountant fluctuates enormously with the area of ​​responsibility, because one differentiates between clerks, vendor and accounts receivable accounting and salary and payroll accountants. The experience and qualifications, including the university degree, play an important role in the pay and lay the foundation for a rise. In addition to the nature of hiring as a self-employed person or in a collective bargaining firm, there is also a difference in the industry and company size as well as the location.

The starting salary of a junior accountant is between 35,000 EUR and 48,000 EUR

The starting salary of an accountant with work experience lies between 42,000 EUR and 58,000 EUR.

The starting salary of a senior accountant is between 51,000 and 69,000 euros.

How does the salary of accountants develop?
What are the factors influencing the salary for accountants?
The starting salary of an accountant is influenced by various factors and therefore varies in the job title. Within the department, the salary increases continuously from the clerk to the vendor and debtor accountant up to the salary and payroll clerk. Here also the professional experience and the school graduation decide on the necessary conditions to take over the respective activity. The salary of women is still between 10 and 15 percent below that of men. Basically, however, is to say that the salary development of the accountant by the rise within the department is very promising.

Degree – Bachelor / Master
You ask yourself: How much do you earn as an accountant with a Bachelor’s or Master’s degree?

The profession of accountant can not be learned through direct training because it is not a protected job title. Nevertheless, commercial training as a retail merchant, industrial clerk or office clerk already forms the basis for working as an accountant.
These are necessary to obtain a business understanding in the field of tax law, accounting law and social security law.

Building on this, an additional qualification “Certified Accountant (IHK)” with increasing professional experience is an opportunity to develop both in the area of ​​responsibility and the salary level upwards. This enables the preparation of annual financial statements up to the management of the accounting and supports the management already in essential business decisions. Accordingly, this training offers opportunities for advancement and higher wages.

In addition to the training and a career entry through a degree in business administration , especially with a focus on controlling, accounting or general accounting, is not an isolated case and is particularly noticeable in the increased salary.

How much do you earn in which industry as an accountant?

Since every company over a certain size of the company is required to keep an account, the possibilities of using an accountant are endless and industry-independent. Many self-employed accountants work for other freelancers or small business owners who have their accounting done by external service providers. Many accountants find an attitude in industrial, commercial and craft enterprises.
But also associations and non-profit organizations as well as the public service regularly look for an accountant for the organization of the business transactions.