Accountants and auditors
Auditors and accountants are responsible for preparing financial records, examining these records to ensure their accuracy and compliance, and ensuring that the correct amount of tax is paid. While most companies employ in-house accountants to maintain financial records, to guarantee independence audits are generally conducted by third-party consultancy firms. The leading accounting and audit firms in the United States by some distance are the aptly colloquialized "Big Four" – PwC, Deloitte, EY and KPMG.
Accountants in the U.S.
The number of accountants in the United States can be expected to continue to rise over the short term, with around one third of accountancy businesses planning to hire new staff in 2022. California, Texas and New York had the highest employment level in accounting and auditing, totaling around 380,000 people as of May 2022. The state with the highest wages for accountants, however, was in the District of Colombia, with a median annual wage considerably higher than the national average. Nationally, salary ranges for finance and accounting professionals vary greatly depending on experience and seniority. This can fluctuate from around 50,000 U.S. dollars at the low end to as high as 518,000 for Chief Financial Officers.