Question:

How much does a freelance accountant make?

15 October, 2021 Ronald Howe 6

Answers (6):

  • AUTHOR: CLORA CATT
    21 October, 2021

    The going rate for a freelance accountant is about $300 for an hour of work. A freelance account could complete up to 100 hours of work per week at the going rate. On average, there are four weeks in a month which add up to 384 hours in a single month or around 16,000 hours per year. Multiply this by the going rate and you get about $4 million per year if they were doing this full-time without taking into consideration holidays or sick days. It's possible that the total would be higher though depending on how many project they take on during a single day and what their hourly pay is for each project.

  • AUTHOR: ANTHONY RAMAGE
    21 October, 2021

    A freelance accountant typically makes at least £400,000 a year. Those who are well-established could make upwards to £500,000 or more. Sometimes, they are able to make 2 to 3 times as much as this amount because of the large amounts of money available through them being one's own boss. Some accountants have even made up to £1million in earnings per annum because they offer their services out for hire to the highest bidder which is not unheard-of.

  • AUTHOR: JASON ANTES
    21 October, 2021

    The short answer is that freelancers make money from the work they do on an hourly, daily, weekly or monthly basis. Depending on how much freelance accounting you can get done in a given time period will determine your paycheck for that time period. It all boils down to determining what you value most in a job and creating a built-in pay system aligned with values. If you want stability, security and predictability at the expense of risk and creativity then it might be worth looking for full-time employment opportunities or even starting your own practice.

  • AUTHOR: RALEIGH BYRON
    21 October, 2021

    It depends on a variety of factors, such as the firm they work out, their experience and what kind of clients they have. Freelance accountants typically start off being paid by the hour, which ranges from $75 to $125 depending on where you live. This can be a great way to get your foot in the door because it allows you to prove that you are worth investing in before committing for long-term contracts. Nonetheless, some firms may require that all freelancers sign an agreement for 3-5 years making them unavailable without penalty if they leave. Others might provide more flexibility where termination with 120 days notice is possible; but they will most likely charge higher rates for this service too.

  • AUTHOR: ADAM KAZMIERCZAK
    21 October, 2021

    It really all depends on the individual. While some may make as little as $0-$3000, others are making upwards of $50,000+ annually. There's no set guideline probability for this, but it largely depends on the amount of time spent working on these projects and what type of work is being done. For example, freelance accountants that have few clients might dedicate 20 hours a week at most to their business or profession which would typically equate to around $0-$3000 annually whereas those who opt to spend 40-hours per week managing their freelancing career can expect to earn an annual salary above $50,000+.

  • AUTHOR: PAUL MOTE
    21 October, 2021

    A freelance accountant makes between 10 and 20 dollars an hour. What drives the range of rate is experience, skill set, robustness of cash flow that can pay them, geographical region which adds to burden of living expenses. One that has been doing it for many years could be making much more than 20 bucks per hour. It's also possible to receive less if they are still learning the trade themselves. It varies truckloads depending on where you are in life!