Accountants compile, analyze, verify, and prepare financial records. Auditors ensure that financial records are accurate, complete, and in compliance with local, state, and federal laws. More than 1.4 million people are employed as accountants and auditors; only a tiny fraction of this number are employed in the venture capital industry.
Minimum Education Level
Accountants and auditors earned median annual salaries of $71,550 in May 2019, according to the U.S. Department of Labor. Salaries ranged from less than $44,480 to $124,450 or more.
Public accounting firm accountants and auditors who provide audit/assurance services to businesses earned salaries that ranged from $40,250 to $216,000 in 2019, according to Robert Half Accounting & Fi...
Unlike some of the more high-profile VC jobs (such as venture capitalists), accountants and auditors enjoy a good work/life balance. Their work hours are pretty standard, usually 9 to 5, Monday through Friday. Advances in technology even allow some accounting and auditing professionals to work at home or in other remote locations. Some employers offer flexible work schedules, such as Fridays of...
The coronavirus pandemic has affected all industries throughout the U.S. and around the world. While there has been a slight drop in venture deal activity in the first half of 2020, the long-term impact on the VC field is yet to be determined. Well into 2021, many VC accountants and auditors will be working remotely and conducting meetings via video platforms. In general, employment for account...