Chartered accountants earn €73,000 a year

A chartered accountant who qualified in 1997 and is employed in industry and commerce earns an average annual remuneration package of just under €73,000, according to the Annual Salary Survey of the Leinster Society of Chartered Accountants (LSCA).

A chartered accountant who qualified in 1997 and is employed in industry and commerce earns an average annual remuneration package of just under €73,000, according to the Annual Salary Survey of the Leinster Society of Chartered Accountants (LSCA).

A total of 404 Chartered Accountants responded to the survey, which was carried out in January by Brendan Burgess of The Accountants Panel on behalf of the LSCA.

The survey notes that the main factors influencing salaries are the size of the company, the position held within the company and also the year of qualification.

More experienced chartered accountants invariably are in more senior positions and as a consequence earn higher salaries.

Chartered Accountants working in the financial services sector tend to be paid more than their equivalents working in general industry and commerce.

Their fringe benefits also tend to be significantly better.

The remuneration package of the Head of Finance in a financial services firm employing up to 500 people is worth almost €156,000, compared to an average package of almost €127,000 for his or her opposite number employed in industry and commerce.

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