The New Jersey Society of CPAs (NJSCPA) just released its "2013/14 NJSCPA Compensation & Benefits Study of Public Accounting Firms in New Jersey." Not limited to just salary, the report also covers such topics as incentive plans, health insurance, and training/development.
Areas of general accounting and finance – including forecasts and budgets, financial reporting, and mergers and acquisitions – were cited by more than half of CFOs as projects they would likely outsource to financial consultants and interim managers in the next twelve months, according to a recent survey.
For the first time in twenty-four years, the average annual total compensation for members of the IMA has topped $130,000, while average annual salaries for IMA members increased 3.3 percent, from $109,001 in 2011 to $112,625 in 2012.
It's a great time to be a corporate internal auditor – pay and perks for the profession are growing at a faster pace than most other jobs. Internal auditors in the United States and Canada received a median 3 percent increase in their base salaries in 2012, the second year in a row they've seen an increase.
A constant topic of conversation is the age-old question of how to determine partner compensation. Every firm is a little bit different, but the issues surrounding how you split the pie are pretty consistent.
The Institute of Management Accountants' recent salary survey found that, while salary increases were moderate in 2010, accountants holding professional certification have greater earning power than those with no certification.
On January 25, 2011, the SEC adopted new rules regarding shareholder approval of executive compensation and the golden parachute compensation arrangements as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.