New government regulations, greater scrutiny of corporate finances, and business growth have fueled the need for accounting professionals with deep knowledge of the important role accounting information plays in corporate decision-making. Changes in the American corporate world have made management-level accounting careers profitable and indispensable.
U.S. Bureau of Labor Statistics, 2007 salary survey conducted by Robert Half International, a staffing services firm specializing in accounting and finance, general accountants and internal auditors with up to 1 year of experience earned between $31,500 and $48,250 a year.
Those with 1 to 3 years of experience earned between $36,000 and $60,000. Senior accountants and auditors earned between $43,250 and $79,250, managers between $51,250 and $101,500, and directors of accounting and internal auditing between $68,000 and $208,000. The variation in salaries reflects differences in size of firm, location, level of education, and professional credentials. Many times pay scale depends on your responsibilities and skill to tackle or judge crucial decisions in organization; it is no wonder that online accounting MBA programs are so attractive these days.
Some online MBA accounting programs can be completed in 10 months or 15 months. Online classes meet at your convenience through web-based seminars, chat sessions, and e-libraries.