Salaries for management accountant rose last year, driven by Sarbanes-Oxley, according to a new salary survey by the Institute of Management Accountants.

Management accountants and finance professionals outpaced public accountants in both average salary and total compensation in 2004, according to the survey of 1,400 IMA members. Public accounting, which held the top spot in 2003, fell to sixth place last year, with management accountants and finance professionals rising to first and second place, according to the findings of the 16th annual IMA salary survey.

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