Accounting Technology Programs in Maine
Educational Information:
Accounting professionals are those who have a passion for numbers, possess a strong attention to detail and have a thorough understanding of the importance of maintaining accurate records. Upon graduating from the accounting technology program, students will have an understanding of how to work in a financial and business realm.
Licensing Information:
To get your license in Maine, you need to meet the following requirements:
- Obtain a bachelors degree with at least 150 hours of coursework, 15 of which need to be in accounting, auditing and business ethics
- Prepare transcripts for review when taking the CPA exam
- Successfully complete the four-part exam
- Submit an application for licensing and pay all corresponding fees
- Complete two years of work experience in public accounting with 400 hours of auditing experience and 200 hours of advisory work
Employment Information:
Maine has a lower population and density than the vast majority of places throughout the US, which can significantly affect the number of employment opportunities. Shipbuilding, tourism, electronics and the financial sectors are a few of the industries that Maine has CPA professionals working in throughout the year. Maine’s Society of CPA’s updates individuals with events, news and potential job opportunities to the members. Across the nation, accounting jobs are going to remain in steady demand. Projected growth rate for accounting professionals is 16 percent.
As of May 2020, accounting professionals earned an average salary of $70,720 in Maine. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 0.2%, which is much slower than the national average growth rate of 4% during this period. About 490 annual job openings in this field are expected during this ten-year period leading to 2028 due to a combination of new job growth, retirements, and natural job turnover.
May 2020 Bureau of Labor Statistics salary and job market trends for accountants and auditors represent state data, not school-specific information.
Job growth projections for 2018-2028 sourced from the U.S. Department of Labor-sponsored O*Net database. Figures represent state data, not school-specific information.
Conditions in your area may vary. Data Accessed May 2021.