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Salaries for accounting consultants differ according to industry, firm size, individual responsibilities, and specialization. In general, consultants providing small business consulting seem to average $40-60 per hour. In mid-size firms it averages $70-90. In large firms it can average over $100 per hour.
These are rough estimates, since the variance in positions, location, and duties are so wide.
Accountant referrals, which can be used to increase an accounting consulting practice, can be obtained in a variety of ways. The subject of accountant referral has some divided. Some agencies/firms charge for referrals, some do not. Visit the online database of accounting referrals ready to serve your needs. Online staffing providers and employment agencies like AccountPros that specialize in locating accounting professionals are another great source for qualified candidate referrals.
The business valuation consultant provides duties to help clients with formal valuation for compliance and/or regulator purposes. This position also involves:
Knowledge about current regulations is necessary; excellent computer skills and knowledge base is needed; excellent analytical skills; excellent presentation skills. Salary is $70,000 range.
The litigation consultant position requires experience in performing corporate finance and accounting for client companies in bankruptcy, litigation support, financial workouts, forensic accounting and business valuation areas. Responsibilities will include review of audit work papers and damage analysis. This position requires significant experience mentoring and developing staff consultants. . Extensive experience in work paper review required. Demonstrated knowledge of GAAP and GAAS as well as accounting theory. Strong supervisory skills with ability to manage teams and engagements in a timely manner.
Want to brush up on the latest trends and industry news? Here are some resources for your educational and career advancement enjoyment.
Journal of Accountancy
American Institute of CPAs
Association of Internal Auditors
Management Consulting Firms
General Accounting Office (GAO)
Securities Exchange Commission (SEC)
Internal Revenue Service (IRS)
Wall Street Journal
A Senior Consultant will work with managers and directors on client projects to develop accounting, research, analytical, consulting and industry skills, as well as to gain exposure to job administration responsibilities and management techniques.
In many cases, accounting firms will seek out candidate referrals for open positions in the firm. Accountant referrals help prospective accounting job applicants get an interview and also help accounting firms bring in additional business. Here are some tips to expanding your accountant referral reach:
Here is a sample MBA Consultant resume for you to see the information set-up:
EUGENE H. HUANG
1 S. Lake Shore Dr., Apt. 2
Chicago, IL 60615
(773) 555-1234 firstname.lastname@example.org
MIDWAY SCHOOL OF BUSINESS - Chicago, IL
Master of Business Administration - Finance and Strategic Management - June 2001
ANDERSEN COLLEGE - Boston, MA
Bachelor of Arts in Physics (Cum Laude) - June 1996
SMART BROTHERS - New York, NY
Technology Project Manager - Investment Banking - June 1997 - July 1999
FINANCIAL TECHNOLOGY GROUP - New York, NY
Analyst - June 1996 - May 1997
(resume from Vault.com )
The Planning & Budget Consultant is usually defined as performing the following duties and responsibilities: Defining systems strategy, developing systems requirements, designing and prototyping, testing, training, defining support procedures, and implementing practical business solutions under multiple deadlines. This individual must be able to collaborate with clients, identify engagement follow-on opportunities, and offer solutions for business problems.
A Bachelor's in finance or accounting needed. A CPA or other professional designation is preferred. Strong interpersonal skills are needed; strong software experience is necessary; strong supervisory skills.
Salary varies according to firm size and industry.