The Highest Salary to Chartered Accountant is depended on his working ability. A Chartered Accountant is one of the most respectful people as per his profession. A person becomes a CA after successfully completing the CA Course and required education in his country. He is responsible for analysing financial records, reporting, interpreting, recording for interested clients.
Here we have given Some of the institutions that certify chartered accounting professionals are the Canadian Institute of Chartered Accountants (CICA), American Institute of Certified Public Accountants (AICPA), the Institute of Chartered Accountants of Scotland (ICAS), the Institute of Chartered Accountants of India (ICAI). CA professionals are best in IFRS and other international accounting standards.
A chartered Accountant gets a different salary at a different place. Some countries give the highest salaries to the Chartered accountant on another side some gives low salaries to Chartered accountant. So, those certified accountants who are thinking of relocating to practice in a country that pays the highest salaries to Chartered Accountant, then this article will help you to find the right choice.
10 Countries Which Give Highest Salary to Chartered Accountants
Below we have provided some of the best 10 countries which pay the highest salary to CA. In this list, we have also added the amount of the salary they pay along with few details. We hope this article will help you to find place and guide you to make right decision.
1.Unites stated Of America (USA)
The Average Salaries- US$165,000
In London, a professional Chartered Accountant average salary and bonus is around £135,000. The basic salary he gets is around £105,000. The highly paid CA can be found in the banking and capital markets sector. If we talk about their salary so it stands at around £170,000. No doubt this place is one of the best places for CAs to Practice and earn a good salary.
The Average Salaries- US$132,000
When we talk about those countries who pay the highest salary to Chartered Accountant Ireland comes on the 2nd number on the list. Chartered Accountancy is one of the biggest single businesses for new graduates in Ireland. The first year post qualification students get the average package stands at €60,000. The salary rises as per the experience and given responsibilities.
Also Read:- How to Become a Chartered Accountant in India- Courses, Eligibility, Fees
The Average Salaries- US$120,000
Switzerland the most beautiful country and one of the best place for Chartered Accountant to earn impressive money. In Switzerland, the minimum salary of an accountant starts from CHF65,000 annually and this increases to CHF120,000 when a person gets over 15 years of experience. Consolidation managers are the highest paid in this profession with an average salary of CHF150,000 a year.
The Average Salaries- US$113,000
The Chartered Professional Accountants Canada (CPA Canada) is the official body of Chartered Accountant in Canada. As per their survey, a CPA with around 15 years of experience gets an average salary of CA$150,000 annually. The top-paying industries in Canada for accountants are holding conglomerate, mining and oil & gas. Calgary, Toronto and Edmonton pay the highest salary to Chartered Accountant in Canada.
The Average Salaries- US$104,000
In the European Union, Luxembourg is a top player in investment funds and investment centre. Various multinational companies have established their business in the headquarters of Luxembourg. Because of this many jobs have been created in the field of accounting and management control. The starting salaries for accountants is around €27,000 and after getting some experience the salary rises to around €85,000 annually and €110,000 annually for a financial controller.
Also Read:- What is the CA Foundation Registration Fees, Eligibility, and Submission Process?
The Average Salaries- US$85,000
The four primary accounting standards in Japan are Designated IFRS, US-GAAP, Japanese GAAP and Japan’s Modified International Standards (JMIS). One to be a registered accounting practitioner, need to be certified by the Japanese Institute of Certified Public Accountants. In Japan, newly qualified accountants earn approx 5.5 million JPY annually. In Japan, the highest salary to Chartered Accountant after experience and more responsibilities is 9 million JPY yearly
7. UNITED STATES
The Average Salaries- US$75,000
The United States is no doubt a most beautiful county and Deloitte, PWC, Ernst & Young and KPMG, these four multinational companies are like big giant firms in the USA. According to the National Association of Colleges and Employer, the average salary for a CPA in the United States is $75,000. The highest salary to Chartered Accountant in the United States after gaining experience and responsibilities can rise to over $125,000 yearly.
The Average Salaries- $US75,000
Australia is a quite impressive country and the average salary to a CA professional is $US75,000 here. The highest salary to the Financial Accountants with a CA qualification and over four years of experience earn a basic salary of AU$70,000 – AU$140,000. Sydney and Melbourne are the highest wages cities in Australia.
Also Read:- How to Prepare For CA Foundation in 4 Months?
The Average Salaries- US$62,000
In Norway, the Highest salary to Chartered Accountant with more than 5 years of experience is expected to between 400k – 600k NOK annually.
The Average Salaries- US$52,000
A Swedish Chartered Accountant gets an average salary of 500,000 SEK annually including other benefits.
These are the top 10 Countries which pay the highest salary to Chartered Accountant. We hope that after reading this article you can guide yourself for the right decision. We believe that it will help you to make a right decision on the country you can migrate to and earn good pay as a chartered accountant.
Frequently Asked Questions
Q. What is the highest salary for Chartered Accountant in India?
Ans. Experience (In Year) Salary per annum (Avg)
Above 20 Rs.50,00,000-70,00,00
Q. Who is the richest CA in India?
Ans. Mr. Kumar Mangalam Birla is the richest CA in India with the net worth of US$13 billion (March 2021). He is also the Chairman, of one of the India’s leading companies Aditya Birla Group and Vodafone Idea Limited.
Q. What is the highest Salary to Chartered Accountant in England?
Ans. A Chartered Accountant in London typically earns around 73,800 GBP annually.
Q. Who is the highest-paid chartered accountant in India?
Ans. Here is the list of the top 5 highly paid Chartered Accountant in India.
1. Kumar Mangalam Birla
2. T.N. Manoharan
3. Rakesh Jhunjhunwala
4. Naina Lal Kidwai
5. Deepak Parekh
Q. Who is the richest CA in the world?
Ans. Here is the list of the 6 richest CA in the world.
1. Phil Knight, CO-Founder Nike’s.
2. Kumar Mangalam Birla, Aditya Birla Group chairman.
3. Denise Coates, Bet365 Director.
4. Arthur Blank, CO-Founder of The Depot at Home.
5. Paul Coulson, Ardagh Group Chairman.
6. Sir Brian Souter and Ann Gloag, the Stagecoach Group’s Founders.
Q. Who is the youngest CA in India?
Ans. Nishchal Narayanam is a famous name for creating a history of CA. He made a record of the youngest CA in the country at the age of 19. He cracked the CA Final exams in 2015.