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Managerial Accounting For Dummies by Mark P. Holtzman

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Chapter 21

Ten Careers in Managerial Accounting

In This Chapter

arrow Climbing the managerial accounting ladder

arrow Running effective finance operations

arrow Managing and controlling a company’s costs

Most of my students choose accounting careers because of the consistently high hiring demand for accountants. In its Occupational Outlook Handbook, the U.S. Bureau of Labor Statistics projected 16-percent growth for accountants and auditors between 2010 and 2020.

The starting salaries aren’t bad, either. Cost accountants’ starting salaries with large companies are projected to range between $43,000 and $53,750 per year, according to the 2013 Salary Guide published by Robert Half (see www.rhi.com/salaryguides). According to the same study, cost accounting managers are projected to earn between $79,250 and $108,500 in 2013.

All the salaries I cite in this chapter are starting salaries of accountants working for large companies (sales in excess of $500 million) and come from the Robert Half salary guide. These salaries vary by location.

technicalstuff.eps In case you’re curious, St. Louis, Missouri, has a salary index ...

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