Partner - Accounting Firm Salary

Wages for Accounting Firm Partners in the United States are generous, with average pay above six figures ($163K) per year. Overall cash earnings for Accounting Firm Partners vary widely between $80K and $404K; for a few high rollers, the final number can encompass upwards of $79K each from bonuses and profit sharing proceeds. Geographic location and career duration each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. Medical benefits are awarded to a large number, and slightly more than half earn dental coverage. Making up 71 percent of those who took the survey, male Accounting Firm Partners greatly outnumber their female counterparts. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$76,177 - $354,786

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
$76,177 - $354,786  
$0.00 - $78,906  
Profit Sharing
$3,500 - $79,075  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
$80,018 - $404,427  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 332
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Job Description for Partner - Accounting Firm

Typically, there are two types of accounting firm partners: equity partners and salaried partners. Equity partners are the highest-level individuals in the business, as they have usually put forth some of their own money to support the business. Salaried partners are those who have not invested directly in the business financially, but who are eligible for profit-sharing. Depending on the firm, a prospective partner may be asked to buy in before joining.


Partner - Accounting Firm Tasks

  • Manage the accounting firm’s staff, select managers, and evaluate manager’s performances.
  • Oversee the operation of regional offices, coordinate their activities, and monitor their performance.
  • Establish the firm’s policies and procedures, and make sure these practices are carried out in all of the firm’s offices.
  • Act as the highest executive of the accounting firm to direct and determine the final decision on all its projects and activities.
  • Responsible for the financial well-being of the firm and ensure that the offices bring in a profit.

Common Career Paths for Partner - Accounting Firm

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Although it's unusual, some Accounting Firm Partners transition into jobs as Managing Partner, Accounting Firms. The latter group reports earning a slightly lower median of $204K per year, though. Accounting Firm Partners most often advance into Certified Public Accountant and Chief Financial Officer positions even though the median salaries are $118K lower and $55K lower, respectively.

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Popular Skills for Partner - Accounting Firm

Just a handful of professional skills are reported by Accounting Firm Partners who took the survey. Most notably, skills in Auditing, Accounting, Tax Compliance, and Tax Preparation are correlated to pay that is above average. Those listing Tax Preparation as a skill should be prepared for drastically lower pay. Tax Compliance and Accounting also typically command lower compensation. For most people, competency in Accounting indicates knowledge of Tax Preparation.

Pay by Experience Level for Partner - Accounting Firm

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Inexperienced workers earn around $79K, but people who have been around for five to 10 years pull down a much higher average of $110K. Accounting Firm Partners who work for 10 to 20 years in their occupation tend to earn about $193K. Accounting Firm Partners who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $177K.

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Experience Affects Partner - Accounting Firm Salaries

National Average

up arrow 38%

up arrow 56%

Skills That Affect Partner - Accounting Firm Salaries

National Average

up arrow 1%

Tax Compliance
up arrow 18%

Tax Preparation
up arrow 34%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 48 votes.


29 %
71 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 54%
vision benefits Vision: 44% employee benefits None: 17%