The average salary and total compensation for management accountants reached their highest levels last year, the Institute of Management Accountants reported, after accounting salaries saw a decline in 2011 for the first time in 23 years.

IMA members saw their average salaries increase by $3,624 in 2012, raising the average salary by 3.3 percent to $112,625. The average total compensation (base pay plus incentives) climbed $6,063 to $135,654, the first time total compensation topped $130,000 in the history of the report.

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