tax accounting vs financial accounting

How Much Does a Cost Accountant Make?

Quite a few aspiring professionals are thinking of getting into the world of accounting due to the reason that they have seen some accountants raking in small fortunes in income each and every single year. In spite of the fact that this is the case, it is important to note that you will not be earning such money if this is your first year with a proper white collar job. At the end of the day, you need to climb the slippery rungs of your organization if you want to obtain such salaries, and you’ll need to make do with entry level roles before you can get to that stage.

A really great starting point for aspiring accountant in Chicago is to become a cost accountant. These accountants deal with the minutiae of expenses that any and all business would undoubtedly end up taking part in, and that enables them to figure out an ideal circumstance for themselves since it gives them a relatively low stakes role that they can leverage to learn the ropes and figure out what would be required of them down the line.

Cost accountants get paid somewhere in the range of $38,000 to $42,000 per year, and you’d get some bonuses on top of that as well which can go towards certain other payments that you’d need to take care of. This is a pretty easy job to do and it would be more or less unlikely that you’d have to put in anything more than a regular nine to five. That can give your life a nice little routine which you can continue to follow until you are finally up for a raise.