rty tax, and payroll tax.At the federal level, some examples of where a CPA would work include the Federal Bureau of Investigation, the Internal Revenue Service, Department of the Treasury, and the General Accounting Office. They may be involved with investigating white-collar crime, managing financial statement audits for government agencies, or performing research and analysis on financial management issues. At the state and local levels, CPAs are involved in conducting financial, performance or compliance audits which may include analyzing a school districts ability to remain viable, the propriety of expenditures for constructing prisons, or the regulatory compliance of hazardous waste programs.A career in accounting can provide a college graduate with a competitive entry-level salary and long-term growth potential. The following chart illustrates the salary ranges an entry level professional can expect in public accounting and corporate accounting during the first years of employment (Robert Half and Accountemps Salary Guide 1999).Employer0-1 Year Experience1-3 Year ExperiencePublic accounting (large firm)$32,000 - $36,000$35,000 - $41,000Public accounting (medium firm)$28,000 - $32,000$31,000 - $38,000Public accounting (small firm)$26,000 - $30,000$30,000 - $37,000Corporate accounting (company w/more than $150 million in sales)$30,000 - $34,000$34,000 - $45,000Corporate accounting (company w/$15 million to $150 million in sales)$29,000 - $33,000$32,000 - $41,000Corporate accounting (company w/less than $15 million in sales)$27,000 - $43,000$31,000 - $37,000Note: Add 10% to your salary outlined above if you have a graduate degree. Add 10% to your salary if you are a CPA.Its important to note that factors such as geographic location, legnth of experience, level of education, CPA designation, and the size of the employer all play a role in determining salary.As the economy grows the number of business establishments increases req...
