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Ernst & Young (E&Y), the number three accounting company in the world, was founded in 1989 after a merger of Arthur Young & Company and Ernst & Ernst.Although they have struggled in the past, recent acquisitions in Denmark have resulted in a terrific past few years, with annual profits of around billion.
Before we delve into the numbers, the “typical” career path for people who pass the CPA exam varies quite a bit.
Regardless, if you become a CPA, over the course of your career, you could be earning well north of $1 million more than if you never started that CPA review course.
Also known as Deloitte LLP and Deloitte and Touche LLP, this is the number one firm in the world.
The secret to its success is that over time multiple smaller firms were absorbed by Deloitte, either through a merger or complete buyout.
In addition to being a very popular place to work at and a successful company, Ernst & Young is well known for its employee diversity, so if you are looking for a diverse work environment you would benefit from applying here.
Some ways to ensure a higher starting salary are to be located in one of their major locations (London and New York), or to attend one of their numerous college recruiting events.are if you work as an intern with them, or if you take advantage of their training programs and seminars.Pricewaterhouse Coopers features a robust training program for aspiring employees, but unlike Deloitte, they offer their programs free of charge and open to anyone.Over the course of your career, you will be well into the six-figure salary range, especially if you take on a senior management position.In fact, even if you hover only around the Senior Auditor position and don’t take on any management role, you should be earning north of million for a 40-year career (this number can be adjusted upward if you account for inflation).However, after around 5 years of working there, the average salary shoots up to around 6,000, so it pays to stick around.Some other methods of ensuring a higher starting salary are taking advantage of their free online training resources and attending one of their college classes.Similar to Ernst & Young, KPMG is frequently listed as a terrific diversity hire, with a very culturally diverse working environment.This is due to their international offices, meaning that potential employees can benefit from higher starting salaries if they are located in China, India, or Europe, not just New York City.With more than 180,000 employees and an average annual profit of 31 billion dollars, they are a solid choice for enterprising accountants looking for a job.A Pricewaterhouse Coopers starting salary would be in the range of ,000 to ,000 for a position as an accounting associate.