Generally, actuaries tend to earn more than chartered Accountants, particularly in specialized roles within insurance and finance. The average salary for actuaries can be higher due to the specialized skills and mathematical expertise required for the profession. However, salaries can vary widely based on factors such as experience, location, and industry. Ultimately, both professions offer strong earning potential, but actuaries often command a premium due to the complexity of their work.
Chartered Accountants salary ranges are 4lakhs to 25lakhs per annum. More details at http://www.aubsp.com/2013/06/chartered-accountants-ca-salary-package.html
As of 2023, actuaries in South Africa typically earn between R500,000 and R1,200,000 per year, depending on their level of experience, specialization, and the industry they work in. Entry-level positions usually start around R350,000, while senior actuaries and those in leadership roles can earn significantly more. The demand for actuaries in sectors like insurance, finance, and consulting contributes to competitive salaries.
depends on experience.......the more experience u have ...the more u can earn..max 9000+
A heart surgeon earns more than an actuary in general, however, many actuaries earn in excess of $110,000 once they obtain their fellowship plus they receive annual bonuses of 20% or more. It is a profession where the more experience and exams you pass, the higher your salary is. Visit the following website for accurate salary information for actuaries: http://www.dwsimpson.com/salary.html
accountants earn a very good salary whether they work for a business or run their own business due to the important role they play in growth and proper working in a venture read more at http://www.howtostartabusiness.ws/bookkeeping_service.php to understand the good pay scale of accountants
It depends on how far in accounting you are. If you are newly qualified you are looking at £20,000-£30-000 a year, which is roughly £15-£20 an hour. Once you have had enough experience and are classed as a 'senior' accountant. You can be paid anything from £50, £60 or £70 an hour. It all depends on what company or business that your job is with. Chartered accountants generally earn more as they are seen as more professional and qualified. In areas like London it is likely you can be earning around £90 to £100 an hour as the cost of living is higher and there is more demand for accountants than in Wales or Scotland for example.
Most doctors earn more money then accountants. The average salary of a doctor is between $200,000 to $300,000 a year. An accountant on average makes around $60,000-$80,000 a year.
In Kenya, accountants' salaries can vary widely based on experience, education, and the industry they work in. On average, entry-level accountants earn around KSh 40,000 to KSh 60,000 per month, while those with several years of experience can earn between KSh 70,000 to KSh 150,000. Senior accountants or those in managerial positions may earn upwards of KSh 200,000 or more per month. Additionally, specialized roles, such as forensic accountants or tax consultants, can command higher salaries.
The highest salary an actuary can earn varies significantly based on factors such as experience, location, and specialization. In the United States, senior actuaries or those in executive positions, like chief actuaries, can earn well over $200,000 annually, with some exceeding $300,000 or more in certain industries. Additionally, actuaries in high-demand sectors, such as finance or consulting, may command even higher compensation packages that include bonuses and benefits.
To become a chartered account you need to be good at maths at first since you are dealing with numbers. The second step is to enroll a college or university that offers accountancy course. After you have completed, you need to get a little bit of experience with accounting firm. After that you can take an exam and get a certificate of chartered account. The entire process takes no more than 4 years. I guess you can find some chartered schools on this or on the net.
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The Chartered Accountants are entrusted with substantial responsibility under various legislation such as compulsory audit of the all companies, banks, stock brokers, big income-tax assesses, large bank borrower, etc. This shows the confidence and trust reposed by the Government and society in the profession. A Chartered accountant is one who is specialized in accounting, auditing and taxation. He also serves as a management and corporate caretaker. In recent times, accountancy has become popular as a profession. The services of a CA are required in money matters even in a small business. Moreover according to the Company Act only CA's in professional practice are allowed to be appointed as auditors of companies in India. A chartered accountant is a person who is accepted as a member of the Institute of Chartered Accountants of India (ICAI) after having passed the Final examination of the Chartered accountancy course conducted by the institute. To know more about Chartered Accountant, visit this source in the Related Link below.