According to a recently released salary survey from the Institute of Management Accountants, accountants that hold 1 or more professional certifications (CMA, CPA, etc.) have significantly higher earning potentials than those who don’t.

The organization’s research found that the average total compensation for those with a certification is 32% or $33,411 more.  The survey also found that certification especially impacts the salaries of younger professionals.   In fact, those in the 19-29 age group with certifications earned $15,696 more in salary and $20,612 more in total compensation than their non-certified peers.

Whether you’re looking to launch yourself into a long lasting accounting career, or are interested in dramatically increasing your earning power, it’s a good idea to attain a professional certification.  Jeff Thomson, IMA President and CEO, explains, “Now more than ever, properly trained and certified accounting professionals working in business are in demand.  Certification helps organizations ensure they have highly qualified talent, and provides accountants with greater career opportunities and earning potential.”