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26th Jan 2017

This is the highest paid profession in Ireland

Considering a career change?

Rebecca Keane

The average salary for an Irish accountant has been revealed as being more than €100,000.

With the minimum wage increasing only minimally, there are still plenty of ways to improve conditions for working citizens in Ireland today.

When it comes to different professions, we’re all advised in school to look to our strengths and skills to decide on our future job.

But for many indecisive students that want to earn some serious cash DOLLAH in their lifetime, it looks like it’s time to put your head in the books, specifically in the area of accounting.

Portrait of female student studying with textbooks to prepare exam and looks dizzy

According to The Irish Timesthe accountants of our country are earning the big bucks with some confessing their salary had risen by 25% in the last three years.

A survey of 1,100 Chartered Accountants of Ireland members in Leinster displayed reported that 75% of accountants surveyed said they had witnessed their pay increase by 10% over three years while just 6% confessed a decline in their pay in the same period of time.

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Figures from the survey taken show that in 2014, the yearly salary of an accountant was €89,042 before jumping to €100,780 in 2015 before finally jumping to an average salary of €109,756.

For a chartered accountant who’s just graduated from their qualification working in the industry for the first year, their salary has been revealed as €56,800. For new accountants working in financial services specifically,their package salary is slightly more, earning a cool €58,100.

Shane McAleer, Chartered Accountants Leinster Society’s chairman said there was noticeable demand for up and coming accountants in Ireland’s growing economy.

“At the younger end of the profession, we are seeing strong demand for trainees and chartered accountancy remains the largest employer of new graduates in Ireland.”

“We are seeing more training vacancies available in businesses and practices across Ireland for graduates of all backgrounds, and greater flexibility for those who are interested in training to become a chartered accountant.”

Is it too late to be Googling accountancy courses?