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However, with hard work and determination, you can become a Certified Public Accountant and begin a consultancy career path. With a high demand for professional accounting consultants and an average annual salary of $67,000, this position is a great career choice.
Many CPAs become part-time or full-time consultants prior to retirement. Others choose consulting because they want greater flexibility and control over their schedules. Some consult between full-time jobs, or on the side while working full time. Opportunities for accounting consultants are high right now.
Consulting vs Auditing Salary The Big 4 firms pay their consultants over 30% more than auditors. A first-year auditor at Big 4 firms has an average salary of $58,000/year. Meanwhile, entry-level consultants are paid around $80,000-90,000/year.
A CPA who specializes in manufacturing can more easily work through the intricate tax or financial laws of your industry, provide financial analysis, and recommend business strategies.
Most financial consultant roles will require previous financial planning and reporting analysis experience. Consultants also often possess at least one of the following certifications: Certified Public Accountant (CPA) Chartered Financial Analyst (CFA)

People also ask

A consultant is a person whos an expert in a particular field who gives professional advice to individuals and businesses in their area of expertise, usually on a temporary or contract basis until a particular need has been met. Companies hire consultants to: Get an objective, outsider opinion on processes or systems.
If youre wondering how to transition into accounting consulting, youre in good company. Its fairly common for CPAs to become part-time or full-time consultants just prior to retirement, while others enjoy the benefits of greater flexibility and control over their schedules earlier in their careers.
HOW TO BREAK INTO CONSULTING Acquire the necessary skills and knowledge. Prepare a good cover letter and a strong resume. Acquaint yourself with the professional consulting job-hunting process and interviews. Find a good mentor in the consulting industry. Become a member of a consulting club.
Most practitioners, including those who provide audit and tax services, also provide business and management consulting services to their clients.
Its fairly common for CPAs to become part-time or full-time consultants just prior to retirement, while others enjoy the benefits of greater flexibility and control over their schedules earlier in their careers.

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