There has been a significant increase in the salaries paid to Leinster-based Chartered Accountants according to new research.
A survey published by Chartered Accountants Ireland Leinster Society shows that the average salary package in Leinster now stands at €123,466, an increase of 4% on 2023.
The average basic salary of newly qualified Chartered Accountants has risen to €62,374, up 5.6% on 2023.
The average salary package, which includes base salary, car or car allowance, and bonus, has increased by 10% over 5 years.
According to the research, more than two-thirds of respondents said they were satisfied or very satisfied with the salary they receive.
90% of respondents said their total remuneration had increased in the past three years, with a third reporting it had increased by more than 25%.
Almost 60% of chartered accountants said they feel artificial intelligence (AI) will impact positively on their career, a significant increase on 2023 findings.
In terms of the wider impact of technology on the profession, 60% said they feel that cloud-based accounting solutions will impact positively on their career, with 68% of respondents saying the same about automation.
"It is very encouraging to see growing enthusiasm about the potential of AI to move Chartered Accountants' work further up the value chain," said Damien Carr, Chairperson of Chartered Accountants Ireland Leinster Society.
"AI will not replace human judgement or strategic decision making however but will sit alongside these critical skills that have made Chartered Accountants among the most trusted advisors to senior business leaders," Mr Carr said.
The survey of over 1,100 Chartered Accountants was conducted by Coyne Research on behalf of Chartered Accountants Ireland Leinster Society, in partnership with recruitment firm Barden.
