Accounting Technology Programs in South Dakota
Educational Information:
Completing the accounting technology program will provide you with knowledge and insight to effectively handle all of the different components to working in the field. Classes in taxation, ethics, accounting, bookkeeping, accounts payable, accounts receivable, law and more will help to educate and teach information relevant to working in the field.
Licensing Information:
To become licensed, you will first need to meet all of the following requirements:
- Possess at least a bachelor degree from an accredited institution
- Completion of 150 hours with 24 of those hours in accounting and another 24 hours in business
- Successfully pass the CPA examination
- Completion of the ethics course from the AICPA. Candidates don’t have to wait until they pass the CPA exam before completing this course.
- The board might require that the candidate complete an exam that assesses the individual’s knowledge of the regulations and statutes that govern accounting in South Dakota
- Earn at least 2,000 hours of experience between one to three years by providing any type of advice or service involved in accounting, management advisory, financial advisory, attest, consulting skill and tax
Employment Information:
The service industry, including finance, retail and health care industries, tends to be one of the biggest contributors to the economy in South Dakota. Some of the leading employers for accounting professionals are AXA Advisors, LLC, Terex Load King and Black Hills Corporation. Several accounting firms around the state offer employment opportunities for those with their accounting degree. A number of CPA’s are choosing to open private practices around the area.
As of May 2020, accounting professionals earned an average salary of $69,170 in South Dakota. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 9.8%, which is twice the national average growth rate of 4% during this period. About 540 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.