September 24, 2022

How Are Public Accounting Salaries Stacking Up For 2022? (Part 4, Accounting Principals)

Accounting Principals has finally released its salary guide for 2022, and the main takeaway is average base salaries for roles in public accounting are expected to increase 6.4% across the board next year. So you guys get a salary adjustment that would barely cover the current inflation rate. Hooray.

For 2022’s salary guide, Accounting Principals provided salary data for employees in three tiers based on experience:

  • Low: Zero to two years of experience in that position or one similar.
  • Medium: Three to 10 years of experience in that position or one similar.
  • High: Ten or more years of experience in that position or one similar.

Below are the average base salaries for each of the 11 public accounting jobs in AP’s 2022 salary guide, listed by experience with a comparison of 2021’s projected salary and 2022’s projected salary (2021 -> 2022):

Accounting services

  • Low experience: $53,844 -> $57,312
  • Medium experience: $63,062 -> $67,124
  • High experience: $71,198 -> $75,784

Accounting services, senior

  • Low experience: $58,994 -> $62,794
  • Medium experience: $71,198 -> $75,784
  • High experience: $99,723 -> $106,146

Audit/assurance services associate

  • Low experience: $54,430 -> $57,935
  • Medium experience: $66,040 -> $70,293
  • High experience: $75,282 -> $80,131

Audit/assurance services associate, senior

  • Low experience: $59,409 -> $63,235
  • Medium experience: $69,205 -> $73,662
  • High experience: $79,952 -> $85,102

Audit/assurance services manager

  • Low experience: $69,205 -> $73,662
  • Medium experience: $91,563 -> $97,460
  • High experience: $103,734 -> $110,415

Audit/assurance services manager, senior

  • Low experience: $85,477 -> $90,982
  • Medium experience: $93,841 -> $99,884
  • High experience: $110,877 -> $118,018

Tax services associate

  • Low experience: $50,386 -> $53,631
  • Medium experience: $56,147 -> $59,763
  • High experience: $66,821 -> $71,125

Tax services associate, senior

  • Low experience: $71,198 -> $75,784
  • Medium experience: $82,385 -> $87,691
  • High experience: $87,462 -> $93,095

Tax services manager

  • Low experience: $88,503 -> $94,203
  • Medium experience: $103,750 -> $110,432
  • High experience: $133,162 -> $151,567

Tax services manager, senior

  • Low experience: $92,563 -> $98,525
  • Medium experience: $112,911 -> $120,183
  • High experience: $142,396 -> $151,567

Partner

  • Low experience: $144,430 -> $153,732
  • Medium experience: $216,424 -> $230,362
  • High experience: $324,480 -> $345,378

For more information, here is our previous coverage of 2022 accounting salary projections.

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