Accounting Technology Programs in Rhode Island
Accountants are those who handle all of the financial affairs for a business or organization. Upon completing the accounting technology program, students will have the knowledge to handle tax preparation, bookkeeping, accounting, auditing, accounts payable, accounts receivable and more.
For those looking to get their license in Rhode Island, you need to meet the following requirements:
- Possess a minimum of a bachelor degree from an accredited institution
- Completion of 150 hours with 24 hours in accounting; or possess a graduate degree with an accounting concentration; or possess a graduate degree in the business field with 24 hours in accounting at the undergraduate level; or 15 hours in a graduate accounting program
- Successfully pass the CPA examination
- Successfully pass the ethics examination
- One year of work experience within the accounting field
Tourism, manufacturing and health services are some of the biggest industries in Rhode Island. The state is the home of Citizens Financial Group, which is the fourteenth largest bank in the entire United States, as well as a number of Fortune 500 companies like Textron and CVS. 90 percent of all employers within the state are small companies with less than 20 workers, but 558 firms within the state have almost half of all the private sector employees within Rhode Island. Auditors, CPA's and tax preparers are all working within the industries mentioned previously by both large and small companies, as well as state and federal government agencies.
Based on information from the BLS, more than 3,490 auditors and accountants work in Rhode Island. The number is expected to increase through 2020 by 16 percent. Average wage in the state for auditors and accountants is $70,120 per year.